The Trump administration cancels four Invenergy offshore wind leases and refunds $765M, marking the third major wind lease termination since December 2025.

It’s the third developer to ditch offshore wind leases in exchange for payment from the Trump admin. The proceeds will also fund new gas plants.

The Trump administration says it’s buying back another energy company’s U.S. offshore wind leases for four more wind projects, bringing the total amount spent on these agreements…