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Friday 21 August
🌐 World · English
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Trump administration to pay German firm $1.22bn to cut offshore wind leases

United States
The brief

Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projectsThe German energy company 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.The agreement marks the fifth deal the Donald Trump administration has struck with energy companies, offering payouts in exchange for abandoning renewable energy projects and redirecting investment towards foss... An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana Key points and original sources are listed below.

  • Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projectsThe German energy company RWE has reached a $1.22bn deal with the US government to relinquish its offshore wind leases and instead redirect funds to...S1
  • An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and LouisianaS2
Timeline · newest first
2w The Guardian

Trump administration to pay German firm $1.22bn to cut offshore wind leases

Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projectsThe German energy company RWE has reached a $1.22bn deal with the US…

2w ABC News

Trump administration to buy back company's offshore wind leases off 3 states

An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana

Trump administration to pay German firm $1.22bn to cut offshore wind leases

2 outlets 2 reports
The brief

Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projectsThe German energy company 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.The agreement marks the fifth deal the Donald Trump administration has struck with energy companies, offering payouts in exchange for abandoning renewable energy projects and redirecting investment towards foss... An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana Key points and original sources are listed below.

  • Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projectsThe German energy company RWE has reached a $1.22bn deal with the US government to relinquish its offshore wind leases and instead redirect funds to...S1
  • An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and LouisianaS2
Timeline · newest first

Sources · 2 citations

S1 The Guardian 1 report · EN
S2 ABC NewsLead 1 report · EN