POLITICSWTOP DC
Trump administration to buy back another energy company’s offshore wind leases for 4 more projects
The Trump administration is purchasing Invenergy's four offshore wind leases for $765 million to redirect funds to fossil fuel projects. Invenergy will invest in natural gas and geothermal energy instead of the offshore wind projects off Maine, California, and New Jersey coasts. This follows similar deals with TotalEnergies and Golden State Wind/Bluepoint Wind to halt offshore wind development.
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- Trump administration to buy back another energy company's offshore wind leases for 4 more projects
- Trump administration to buy back another energy company's offshore wind leases for 4 more projects
- Trump administration to buy back another energy company’s offshore wind leases for 4 more projects
- Trump administration is buying back another energy company’s offshore wind leases, ending 4 more projects
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