TotalEnergies Offshore Wind Leases Buyout
Sector: Wind • Location: New York, New Jersey, North Carolina, South Carolina, United States
Source: Recharge News
The Trump administration is looking to buy TotalEnergies out of nearly $1bn in offshore wind leases it acquired under former President Joe Biden. The administration is offering to refund almost all funds spent by TotalEnergies on leases in the New York Bight and Carolina Long Bay on the condition that the company walk away from offshore wind and invest in US petroleum capacity instead.
- Status
- Prospective
- Sector
- Wind, Oil and Gas
- Location
- New York, New Jersey, North Carolina, South Carolina, United States of America
- Updated
- 22 Jul 2026
- Source
- Recharge News
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Trump administration is looking to buy TotalEnergies out of nearly $1bn in offshore wind leases it acquired under former President Joe Biden. The administration is offering to refund almost all funds spent by TotalEnergies on leases in the New York Bight and Carolina Long Bay on the condition that the company walk away from offshore wind and invest in US petroleum capacity instead. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
State | New York, New Jersey, North Carolina, South Carolina |
Source
Source | Recharge News |
URL |
More Details
Record type | Project |
Sector | Wind, Oil and Gas |
Article published date | 2026-03-20 |
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