U.S. Department of the Interior signs deal to halt TotalEnergies' offshore wind development
Type: Other · Technology: Offshore Wind · Country: United States · Value: $928M · Announced: 2026-03-23
The U.S. Department of the Interior reached a $928 million agreement with TotalEnergies to end the French company's planned offshore wind farms off the U.S. East Coast and redirect funds toward domestic fossil fuel initiatives.
Counterparties
- Attentive Energy (subsidiary of TotalEnergies SE) (Seller)
- U.S. Department of the Interior (Seller)
- TotalEnergies SE (Buyer)
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