Trump Administration Strikes $1.2 Billion Deal to Abandon Offshore Wind Projects

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Energy

7 August 2026 at 3:53 am

Trump Administration Strikes $1.2 Billion Deal to Abandon Offshore Wind Projects

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Summary

The Trump administration has finalized a $1.2 billion agreement with an offshore wind company to discontinue its projects, bringing the total amount spent on similar settlements to nearly $4 billion.

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