TotalEnergies U.S. Offshore Wind Leases Refund Agreement
Sector: Wind • Location: United States
Source: South Carolina Public Radio
The Trump administration agreed to pay $1 billion to French company TotalEnergies to relinquish two U.S. offshore wind leases off the coasts of North Carolina and New York. TotalEnergies will invest the refunded lease fees in fossil fuel projects, including a liquefied natural gas plant in Texas and oil and gas activities, instead of developing offshore wind projects in the U.S.
- Status
- Closed
- Sector
- Wind, Natural Gas, Oil and Gas
- Location
- United States of America
- Updated
- 22 Jul 2026
- Source
- South Carolina Public Radio
ConstructChat
Ask ConstructChat about TotalEnergies U.S. Offshore Wind Leases Refund Agreement
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
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 agreed to pay $1 billion to French company TotalEnergies to relinquish two U.S. offshore wind leases off the coasts of North Carolina and New York. TotalEnergies will invest the refunded lease fees in fossil fuel projects, including a liquefied natural gas plant in Texas and oil and gas activities, instead of developing offshore wind projects in the U.S. |
Original sector | Energy |
Budget |
Location
Country | United States of America (USA) |
Source
Source | South Carolina Public Radio |
URL |
More Details
Record type | Project |
Sector | Wind, Natural Gas, Oil and Gas |
Article published date | 2026-03-26 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Wind projects in United States
- Union Power Project El Dorado AR
- I-485 Charlotte Outer Loop, North Carolina
- Goethals Bridge Replacement Project, New York
- Northeast Supply Enhancement (NESE) Project
- Dominion Cove Point Liquefaction Project, Chesapeake Bay
- Starbucks Coffee Roasting Plant
- EPC of Turbine and Foundation Structure in the Southwest Sea Wind Power Demonstration Complex
- Engineering, Procurement, and Construction of Third Bosphorus Bridge