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business8h ago

Trump to pay 2 more companies to walk away from offshore leases

https://ctmirror.org/2026/04/27/trump-admin-to-pay-2-more-companies-to-walk-away-from-offshore-wind-leases/https://www.wral.com/news/ap/02a1f-trump-administration-to-pay-2-more-companies-to-walk-away-from-us-offshore-wind-leases/https://www.thehour.com/business/article/trump-administration-to-pay-2-more-companies-to-22228862.php
Ctmirror.org and 8 more
Trump to pay 2 more companies to walk away from offshore leases Open in Ctmirror.org
Highlights
  • The Interior Department will pay a total of $885 million to Bluepoint Wind and Golden State Wind to end their offshore wind leases and invest in reliable conventional energy projects.
  • Bluepoint Wind directs $765 million to a liquefied natural gas facility, signaling a shift from wind to fossil-fuel investment.
  • The deals reflect a broader pattern of directing capital away from offshore wind leases across multiple states, part of a push to favor oil, gas, and coal development.

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References

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

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

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

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

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

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

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

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

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

Trump administration pays wind developer to walk away from California offshore lease

Trump administration pays wind developer to walk away from California offshore lease

Trump Cancels More Wind Leases to Spur Oil and Gas Investment

Trump Cancels More Wind Leases to Spur Oil and Gas Investment

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

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

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