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Trump administration to pay RWE $1.22bn to cut offshore wind leases

Friday, August 7 2026

US Government

RWE has reached a $1.22bn deal with the US government to relinquish its offshore wind leases and instead redirect funds towards fossil fuel investments.

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Filed Under: International projects, RWE, Trump, USA, wind leasing Tagged With: payout, RWE, Trump, USA, wind leases

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