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The Independent UK
The Independent UK
Brendan Rascius

$900M paid out by Trump to end wind farm project is going to firm run by a Mar-a-Lago neighbor: report

A company run by a neighbor of President Donald Trump is set to earn a nearly billion-dollar windfall as a result of a settlement deal to end U.S. offshore wind projects, according to a new report.

Under the settlement, announced earlier this month, the Trump administration will pay RWE, a German energy company, $1.2 billion for it to relinquish its offshore leases in New York, California and Louisiana.

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