New Jersey residents challenge offshore wind farm's $1 billion subsidy in lawsuit

Opponents sued New Jersey and Orsted over a tax break approved for the company's offshore wind project.
The lawsuit claims the tax break is illegal because it benefits only Orsted and provides about $1 billion in relief.
State legislature passed a bill allowing Orsted to keep federal tax credits instead of passing them to ratepayers.
Another company, Atlantic Shores, also wants a tax break for its offshore wind project.
The lawsuit asks the court to invalidate the law giving Orsted the tax break.