Invenergy will redirect the funds toward natural gas plants in Indiana, Wisconsin, Iowa, Kansas, and Missouri as well as geothermal projects, the U.S. Department of the Interior said.
An article from
Invenergy will redirect the funds toward natural gas plants in Indiana, Wisconsin, Iowa, Kansas, and Missouri as well as geothermal projects, the U.S. Department of the Interior said.
Published June 18, 2026
Wind turbines generate electricity at the Block Island Wind Farm on July 7, 2022, near Block Island, R.I. The U.S. Department of the Interior said June 17, 2026, that it plans to pay Invenergy $765 million to terminate four offshore wind leases.
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It’s the third developer to ditch offshore wind leases in exchange for payment from the Trump admin. The proceeds will also fund…
The department struck a deal with Invenergy to terminate four offshore wind leases off the coasts of New York, California, and…
The Trump administration says it’s buying back another energy company’s U.S. offshore wind leases for four more wind projects,…
The Trump administration said Wednesday it's buying back another energy company's U.S. offshore wind leases for four more wind…
The Trump administration cancels four Invenergy offshore wind leases and refunds $765M, marking the third major wind lease…
It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines.
