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Euronews
Euronews
Nathan Rennolds

Trump administration to pay €1.06 billion to cancel RWE offshore wind leases

RWE Donald Trump United States DOI the US TotalEnergies

Washington will fork out $1.22 billion (€1.06 billion) to German energy firm RWE to cancel the company's offshore wind leases.

RWE said on Thursday that it had reached a settlement with the US Department of the Interior (DOI) to relinquish leases off the coasts of New York, California, and Louisiana.

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