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TotalEnergies US Offshore Wind Leases Refund

Sector: Wind • Location: United States

Source: Oregon Public Broadcasting - OPB

Project
Cancelled

The Trump administration will pay $1 billion to French company TotalEnergies to walk away from two U.S. offshore wind leases off the coasts of North Carolina and New York. TotalEnergies agreed to refund its leases and invest the money in fossil fuel projects instead, including the construction of a liquefied natural gas plant in Texas and development of oil and gas activities.

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The project “TotalEnergies US Offshore Wind Leases Refund” is an infrastructure initiative in the Wind sector, located in United States. Taiyo aggregates data on it from Oregon Public Broadcasting - OPB.

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cancelled

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Description

Description

The Trump administration will pay $1 billion to French company TotalEnergies to walk away from two U.S. offshore wind leases off the coasts of North Carolina and New York. TotalEnergies agreed to refund its leases and invest the money in fossil fuel projects instead, including the construction of a liquefied natural gas plant in Texas and development of oil and gas activities.

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