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TotalEnergies Offshore Wind Lease Refund and LNG Terminal Investment

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Source: WWLP

Project
Cancelled

The Trump administration reached a $1 billion agreement with French energy company TotalEnergies to refund its leases for offshore wind projects off the coasts of North Carolina and New York. TotalEnergies will instead invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects. This deal is part of the administration's strategy to halt offshore win

Status
Closed
Sector
LNG, Wind, Natural Gas
Location
North Carolina, New York, Texas, United States of America
Updated
22 Jul 2026
Source
WWLP

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The project “TotalEnergies Offshore Wind Lease Refund and LNG Terminal Investment” is an infrastructure initiative in the LNG sector, located in North Carolina, New York, Texas, United States. Taiyo aggregates data on it from WWLP.

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 agreement with French energy company TotalEnergies to refund its leases for offshore wind projects off the coasts of North Carolina and New York. TotalEnergies will instead invest the refunded money in a liquefied natural gas export terminal in Texas and other fossil fuel projects. This deal is part of the administration's strategy to halt offshore wind development in the U.S.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

North Carolina, New York, Texas

Source

Source

WWLP

URL

More Details

Record type

Project

Sector

LNG, Wind, Natural Gas

Article published date

2026-03-27

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