What is the latest status of the project “Offshore Wind Projects Lease Refund by TotalEnergies”?

The status recorded for “Offshore Wind Projects Lease Refund by TotalEnergies” is cancelled.

What is the budget and commercial profile for the project “Offshore Wind Projects Lease Refund by TotalEnergies”?

Taiyo normalizes the budget of “Offshore Wind Projects Lease Refund by TotalEnergies” to USD 1000000000.

Where can I verify the source and access all details for “Offshore Wind Projects Lease Refund by TotalEnergies”?

This Taiyo project page references WCAX along with the original URL (https://www.wcax.com/2026/03/27/trump-administrations-1b-deal-stop-offshore-wind-shows-an-evolution-its-anti-wind-strategy/). Taiyo standardizes official data into a consistent, searchable project profile.

Offshore Wind Projects Lease Refund by TotalEnergies

Sector: Wind • Location: United States

Source: WCAX

Project

Cancelled

The Trump administration reached a $1 billion deal with French energy company TotalEnergies to refund its leases for offshore wind projects off the coasts of North Carolina and New York. TotalEnergies agreed to walk away from U.S. offshore wind development and invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects.

Status: Closed
Sector: Wind, Natural Gas
Location: United States of America
Updated: 22 Jul 2026
Source: WCAX

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Project Information

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The project “Offshore Wind Projects Lease Refund by TotalEnergies” is an infrastructure initiative in the Wind sector, located in United States. Taiyo aggregates data on it from WCAX.

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 $1 billion deal with French energy company TotalEnergies to refund its leases for offshore wind projects off the coasts of North Carolina and New York. TotalEnergies agreed to walk away from U.S. offshore wind development and invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects.
Original sector	Energy
Budget

Location

Country

United States of America (USA)

Source

Source	WCAX
URL

More Details

Record type	Project
Sector	Wind, Natural Gas
Article published date	2026-03-30

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Offshore Wind Projects Lease Refund by TotalEnergies

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