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Trump Administration to Pay RWE to Cancel Wind Leases

It was the fifth such deal struck by the administration to get companies to drop offshore wind projects.

Β© Joshua A. Bickel/Associated Press

The deal on Wednesday follows agreements to refund wind leases off California, Maine, New Jersey, New York and North Carolina.
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Trump Administration to Pay $765 Million to Cancel 4 More Wind Projects

It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.

Β© Joshua A. Bickel/Associated Press

The Trump administration has now struck deals energy developers totaling more than $2.5 billion to cancel offshore wind leases.
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