TotalEnergies Offshore Wind Lease Refund and LNG Terminal Investment
Sector: LNG • Location: North Carolina, New York, Texas, United States
Source: WJBF
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
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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