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TotalEnergies US Offshore Wind Projects Abandonment

Sector: Wind • Location: North Carolina, New York, Texas, Gulf of Mexico, United States

Source: Energy Digital Magazine

Project
Cancelled

The Trump administration paid TotalEnergies nearly US$1 billion to abandon two major offshore wind projects in US waters, one off the coast of North Carolina and the other off the coast of New York. TotalEnergies will relinquish both leases and invest an equivalent sum into US gas and power infrastructure, including the construction of the Rio Grande LNG plant in Texas and expanding oil operations

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The project “TotalEnergies US Offshore Wind Projects Abandonment” is an infrastructure initiative in the Wind sector, located in North Carolina, New York, Texas, Gulf of Mexico, United States. Taiyo aggregates data on it from Energy Digital Magazine.

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Description

Description

The Trump administration paid TotalEnergies nearly US$1 billion to abandon two major offshore wind projects in US waters, one off the coast of North Carolina and the other off the coast of New York. TotalEnergies will relinquish both leases and invest an equivalent sum into US gas and power infrastructure, including the construction of the Rio Grande LNG plant in Texas and expanding oil operations in the Gulf of Mexico.

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