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TotalEnergies Abandons US Offshore Wind Farms After $1 Billion Settlement with Trump Administration

TotalEnergies will cease development of two offshore wind farms off the US East Coast after reaching a settlement with the US Department of the Interior, which paid the French energy company nearly $1 billion during the Trump administration to walk away from its offshore wind leases.

23 Mar, 17:30 — 23 Mar, 17:30
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