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.

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…

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

This strategy by the Republican administration aims to impede offshore wind farm development

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…

Support CleanTechnica's work through a Substack subscription or on Stripe. Washington, D.C. — According to reporting, Donald Trump is paying Invenergy $765 million to abandon its…