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The Independent UK
The Independent UK
World
Jennifer McDermott and Matthew Daly

Trump administration to pay 2 more companies to walk away from US offshore wind leases

Donald Trump United States Interior Doug Burgum Ocean Winds TotalEnergies Bluepoint Global Infrastructure Partners Ocean
Senate Agriculture - (Copyright 2026 The Associated Press. All rights reserved.)

The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development.

Bluepoint Wind and Golden State Wind have agreed to end their offshore wind leases in exchange for reimbursements totaling nearly $900 million. Both companies have decided not to pursue any new offshore wind projects in the United States, the Interior Department announced Monday.

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