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Trump Administration Pays $1.22B to RWE to Cancel Offshore Wind Leases

August 27, 2026

German energy giant RWE has agreed to a $1.22 billion settlement with the Trump administration to surrender its offshore wind leases across New York, California, and Louisiana.

Trump Administration Pays $1.2B to RWE to Cancel Offshore Wind Leases

August 27, 2026

The Trump administration reached a $1.2 billion agreement with German energy giant RWE to cancel offshore wind leases in New York, California, and Louisiana.

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