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US weighs $1 billion wind farm settlement for TotalEnergies

Wednesday, March 18 2026

General – Compensation

U.S. officials are drafting agreements to pay nearly $1 billion to ​oil major TotalEnergies as compensation for the cancellation of leases for ‌wind farms in federal waters off New York State and North Carolina, the New York Times reported on Tuesday.

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Filed Under: cancellation, compensation, International projects, Lease Agreement, lease rights, TotalEnergies, Trump, USA Tagged With: cancellation of leases, compensation, TotalEnergies, Trump, USA

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