Ticker: Mayflower wind project now named ‘Ocean Winds’; EU files antitrust charges against Amazon

The co-owner of the Mayflower Wind development that is slated to start generating clean power for Massachusetts from ocean winds in late 2025 has combined forces with another developer under a new name — Ocean Winds.

The 804-megawatt offshore wind project planned for waters south of Martha’s Vineyard and Nantucket is — or was — a joint venture of Shell and EDP Renewables Offshore North America. EDP Renewables previously announced that it and developer ENGIE would combine to form a new venture called Ocean Winds and on Monday announced the launch of the North American arm of that company, OW North America, which takes the place of EDPR North America as 50% owner of Mayflower Wind.

Officials from the new company said OW North America “will be one of the largest pure offshore wind development enterprises in the world, and will start in a strong position in the highly attractive markets on both the East and West Coasts.”

EU files antitrust charges against Amazon

European Union regulators filed antitrust charges Tuesday against Amazon, accusing the e-commerce giant of using its access to data from companies that sell products on its platform to gain an unfair advantage over them.

The charges, filed two years after the bloc’s antitrust enforcer began looking into the company, are the latest effort by European regulators to curb the power of big technology companies. Margrethe Vestager, the EU commissioner in charge of competition issues, has slapped Google with antitrust fines totaling nearly $10 billion and opened twin antitrust investigations this summer into Apple. The EU’s executive Commission also opened a second investigation Tuesday into whether Amazon favors product offers and merchants that use its own logistics and delivery system.

“We disagree with the preliminary assertions of the European Commission and will continue to make every effort to ensure it has an accurate understanding of the facts,” Amazon said in a statement, adding that it represents less than 1% of the global retail market and that there are bigger retailers in every country where it operates.

from Boston Herald https://ift.tt/2IncO3C