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TotalEnergies Offshore Wind Lease Refund and LNG Terminal Investment

Sector: LNG • Location: North Carolina, New York, Texas, United States

Source: WJBF

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 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 instead.

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

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Project Information

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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 WJBF.

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 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 instead.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

North Carolina, New York, Texas

Source

Source

WJBF

URL

More Details

Record type

Project

Sector

LNG, Wind, Natural Gas

Article published date

2026-03-27

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