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Trump administration plans to spend $765 million to cancel 4 more wind farms

The U.S. Department of the Interior reached a deal with Invenergy to abandon four offshore wind leases for $765 million. California officials have issued a notice of intent to sue the administration over the buyout of Golden State Wind and another recent agreement. The state claims these deals jeopardize over $100 million in public investments.

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What changed

California formally issued a notice of intent to sue on June 23 over the Golden State Wind lease buyout and another recent deal.

Live updates

  1. Trump Administration Pays $765 Million to Cancel Four Wind Farms

    The U.S. Department of the Interior reached a deal with Invenergy to abandon four offshore wind leases for $765 million. California officials have issued a notice of intent to sue the administration over the buyout of Golden State Wind and another recent agreement. The state claims these deals jeopardize over $100 million in public investments.

    What's confirmed:

    • The Trump administration will pay $765 million to Invenergy to return four wind leases.
    • California Attorney General Rob Bonta and California Energy Commission Chair David Hochschild sent a Notice of Intent to Sue on Tuesday, June 23.
    • California is challenging an agreement between the Department of the Interior and Golden State Wind LLC.
    • California officials intend to challenge a second agreement struck by the Department of the Interior last week.
    • The state claims the Golden State Wind agreement risks more than $100 million in public investments.

    Still unconfirmed:

    • The administration is paying energy developers to abandon wind projects specifically to invest in fossil fuels.
    confidence 100%

  2. Trump Administration Pays $765 Million to Cancel Four Wind Projects

    The Interior Department reached a legal settlement with Invenergy to abandon four offshore wind leases. This is the third such deal, with the administration spending roughly $2.5 billion to date to end wind projects. California plans to sue over the cancellation of a project off its central coast.

    What's confirmed:

    • The Interior Department is paying Invenergy $765 million to cancel four offshore wind leases.
    • This is the third deal of its kind struck by the administration.
    • Previous wind cancellation agreements were worth $928 million and $885 million.
    • The administration has spent roughly $2.5 billion to get companies to abandon wind projects.

    Still unconfirmed:

    • California intends to sue the Trump administration over the deal to end a project off the state's central coast.
    confidence 100%

  3. Trump Administration Pays $765 Million to Cancel Four Offshore Wind Leases

    The Trump administration is paying energy developer Invenergy $765 million to abandon four offshore wind projects. These leases are located in the Gulf of Maine, the New York Bight, and off the Central Coast of California. The administration intends to shift investment toward fossil fuel and geothermal projects.

    What's confirmed:

    • The Trump administration will pay Invenergy $765 million to surrender four offshore wind leases.
    • The cancelled projects include sites in the Gulf of Maine, the New York Bight, and off the Central Coast of California.
    • This is the third deal the Interior Department has made to pay firms to abandon offshore turbine plans.
    • Total payments to cancel offshore wind leases now exceed $2.5 billion.
    • The Trump administration has stopped all federal permitting for offshore wind.

    Still unconfirmed:

    • The total cost of abandoned offshore turbine projects has reached $2.6 billion.
    confidence 95%