offshore wind leases
Coverage of offshore wind leases in the Nexus archive.
- The Latest: US and Iran sign initial deal to end war, ease sanctions and open strait
The US and Iran signed an initial deal to end the war, ease sanctions, and allow Iran to sell oil freely. The agreement includes Iran diluting its highly enriched uranium stockpile and the US waiving sanctions. A planned signing ceremony in Switzerland remains uncertain, and US Defense Secretary Pete Hegseth announced a Pentagon review of American forces in Europe.
- Trump administration to buy back another energy company’s offshore wind leases for 4 more projects
The Trump administration is purchasing Invenergy's four offshore wind leases for $765 million to redirect funds to fossil fuel projects. Invenergy will invest in natural gas and geothermal energy instead of the offshore wind projects off Maine, California, and New Jersey coasts. This follows similar deals with TotalEnergies and Golden State Wind/Bluepoint Wind to halt offshore wind development.
- Trump administration is buying back another energy company’s offshore wind leases, ending 4 more projects
The Trump administration is purchasing an energy company's offshore wind leases, resulting in the cancellation of four additional projects. This action aligns with the administration's broader approach to offshore wind energy.
- Engie Is in Talks With US to Relinquish Offshore Wind Leases
Engie SA is in negotiations with the United States to relinquish offshore wind leases, despite operating wind turbines in Fos-sur-Mer, France.