What is the budget and commercial profile for the project “Cancellation of Two Offshore Wind Farms by TotalEnergies”?

Taiyo normalizes the budget of “Cancellation of Two Offshore Wind Farms by TotalEnergies” to USD 928000000.

Where can I verify the source and access all details for “Cancellation of Two Offshore Wind Farms by TotalEnergies”?

This Taiyo project page references TiffinOhio.net along with the original URL (https://tiffinohio.net/posts/trump-administration-will-pay-1b-to-block-2-offshore-wind-farms/). Taiyo standardizes official data into a consistent, searchable project profile.

Cancellation of Two Offshore Wind Farms by TotalEnergies

Q: What is the latest status of the project “Cancellation of Two Offshore Wind Farms by TotalEnergies”?

The status recorded for “Cancellation of Two Offshore Wind Farms by TotalEnergies” is cancelled.

Sector: Wind • Location: United States

Source: TiffinOhio.net

Project

Cancelled

The Trump administration will pay French energy firm TotalEnergies $928 million to cancel two offshore wind farm leases off the coasts of New York and North Carolina. These projects would have powered more than 1 million homes. TotalEnergies will reinvest the funds into oil and gas projects, including a liquefied natural gas export facility in Texas.

Status: Closed
Sector: Wind, Natural Gas, Raw Materials, Oil and Gas
Location: United States of America
Updated: 22 Jul 2026
Source: TiffinOhio.net

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Project Information

4 Q

The project “Cancellation of Two Offshore Wind Farms by TotalEnergies” is an infrastructure initiative in the Wind sector, located in United States. Taiyo aggregates data on it from TiffinOhio.net.

Participants

Not available for this record.

Status

Original status	cancelled
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Trump administration will pay French energy firm TotalEnergies $928 million to cancel two offshore wind farm leases off the coasts of New York and North Carolina. These projects would have powered more than 1 million homes. TotalEnergies will reinvest the funds into oil and gas projects, including a liquefied natural gas export facility in Texas.
Original sector	Energy
Budget

Location

Country

United States of America (USA)

Source

Source	TiffinOhio.net
URL

More Details

Record type	Project
Sector	Wind, Natural Gas, Raw Materials, Oil and Gas
Article published date	2026-03-29

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Cancellation of Two Offshore Wind Farms by TotalEnergies

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