TotalEnergies Offshore Wind Lease Buyout
Sector: Natural Gas • Location: North Carolina, New York, United States
Source: HotAir
The Trump administration paid TotalEnergies $1 billion to walk away from offshore wind development leases off the coasts of North Carolina and New York. TotalEnergies agreed to invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects instead.
- Status
- Prospective
- Sector
- Natural Gas, Wind
- Location
- North Carolina, New York, United States of America
- Updated
- 22 Jul 2026
- Source
- HotAir
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Project Information
Participants
| Not available for this record. |
Status
Original status | lease buyout completed |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Trump administration paid TotalEnergies $1 billion to walk away from offshore wind development leases off the coasts of North Carolina and New York. TotalEnergies agreed to invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects instead. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | North Carolina, New York |
Source
Source | HotAir |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Wind |
Article published date | 2026-05-01 |
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