Offshore Wind Farm Lease Cancellation by TotalEnergies
Sector: Wind • Location: United States
Source: Gephardt Daily
The Trump administration reached a deal with TotalEnergies to pay nearly $1 billion to end construction of offshore wind farms off the shores of New York and North Carolina. TotalEnergies will reinvest the refunded lease fees into fossil fuel production projects in the U.S. The wind farms were still in the planning stages and had not been fully permitted.
- Status
- Closed
- Sector
- Wind, Natural Gas, Raw Materials
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- Gephardt Daily
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Project Information
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 reached a deal with TotalEnergies to pay nearly $1 billion to end construction of offshore wind farms off the shores of New York and North Carolina. TotalEnergies will reinvest the refunded lease fees into fossil fuel production projects in the U.S. The wind farms were still in the planning stages and had not been fully permitted. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | Gephardt Daily |
URL |
More Details
Record type | Project |
Sector | Wind, Natural Gas, Raw Materials |
Article published date | 2026-03-27 |
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