https://orsted.com/en/company-announcement-list/2023/10/oersted-ceases-development-of-its-us-offshore-wind-73751
they have a pdf at this link as well.
what I get out of it: if they aren't able to monetize the subsidies that project is worthless to them.
also they needed something called a " OREC (Offshore Renewable Energy Certificate) "
which sounds like the kiss that says 'oh this is 'green energy' meaning that people are forced to buy in order to pay tribute to the pagan gawds of green energy.