German utility RWE has agreed to take a 16% equity stake in the three-train 16.5 million ton per year Louisiana LNG project being developed by Woodside Energy, as part of a settlement agreement with the US government over disputed offshore wind leases.
RWE Takes Louisiana LNG Stake Amid US Offshore Wind Exit
Germany's RWE has become the latest offshore wind developer in the US to abandon wind leases and turn to investment in a major hydrocarbon project.











