According to the Press of Atlantic City in Ocean City Danish wind energy company Ørsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm. But that money will be lost if the project is not operating by December 2025 – a year after the deadline approved by state utility regulators.New Jersey’s Board of Public Utilities approved an agreement Wednesday with Ørsted under which the company would forfeit the money if the project is not up and running within 12 months of set deadlines.