SecurityFortuneabout 1 hour ago
Trump admin pays $1.2B to kill RWE wind leases
4 min read
RWE reached a $1.22 billion settlement with the Trump administration to abandon offshore wind leases off New York, California and Louisiana, bringing total buybacks to nearly $4 billion. RWE is investing $900 million in a Louisiana LNG project and $300 million in natural gas turbines.
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