Trump weighs $928m settlement to cancel two TotalEnergies offshore wind leases

Leonard Mueller
18 March, 2026

Offshore WindNewsPolicy & Regulation
Trump administration weighs paying more than $928 million (£695m €804m) to cancel two TotalEnergies offshore wind leases off New York and North Carolina, marking a sharp strategic shift after five consecutive court defeats over its stop-work orders on US offshore wind projects already under construction.

If you’re a subscriber, please log in to proceed with reading

Login

Not a subscriber yet? Sign up today for a demo and gain full access to the content

Request Demo

Go Up

Help