Coverage dated August 5, 2026 to August 8, 2026

Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion

Headline from WHEC Rochester, from the development of Aug 6, 2026

Newest development Aug 7, 2026 · 2 reportsTrump administration's latest buyback of offshore wind leases brings total to nearly $4 billion (copy)

An offshore wind company says it's reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. This latest agreement brings the total amount spent on such settlements to nearly $4 billion. RWE U.S.

WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion

    Headline from WHEC Rochester ·

  2. Newest

    Trump administration's latest buyback of offshore wind leases brings total to nearly $4 billion (copy)

    Headline from High Point Enterprise ·

2 reports not tied to one development ·

Reports & sources

28 articles, oldest first.

  1. Just the News

    Trump administration reimburses company for offshore wind lease in $1.22 billion settlement (opens Just the News)

    Published

    Just the News's feed description

    RWE U.S. Offshore will use the settlement money to redirect resources into "energy projects that can be advanced with certainty," which includes LNG infrastructure and natural gas-peaking power plants.

  2. NBC Los Angeles

    Trump administration will buy back company's offshore wind project leases (opens NBC Los Angeles)

    Published

    NBC Los Angeles's feed description

    File photo of an offshore wind farm.

  3. Winchester Star

    Trump administration will buy back company's offshore wind leases in a $1.2B deal (opens Winchester Star)

    Published

    Winchester Star's feed description

    An offshore wind company says it's reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana. RWE U.S. Offshore says its leases represented years of planning, investment and…

  4. The Republic

    Trump administration will buy back company’s offshore wind leases off 3 states in a $1.2B deal (opens The Republic)

    Published

    The Republic's feed description

    An offshore wind company said Thursday that it reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana. RWE U.S. Offshore said its leases represented years of planning, investment and partnership with federal agenc…

  5. WHEC Rochester

    Trump administration’s latest buyback of offshore wind leases brings total to nearly $4 billion (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    An offshore wind company says it's reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. This latest agreement brings the total amount spent on such settlements to nearly $4 billion. RWE U.S.

  6. The Guardian

    Trump administration to pay German firm $1.22bn to cut offshore wind leases (opens The Guardian)

    Published

    The Guardian's feed description

    Agreement with RWE is fifth deal Trump team has made with energy companies, offering payouts to give up projects The German energy company RWE has reached a $1.22bn deal with the US government to relinquish its offshore wind leases and instead redirect funds towards fossil fuel investments.

  7. KEYT Santa Barbara

    Trump Administration Inks $1.22 Billion Deal to Terminate Multiple Offshore Wind Projects (opens KEYT Santa Barbara)

    Published

    KEYT Santa Barbara's feed description

    CALIFORNIA COAST, Calif. (KEYT) – On Thursday, RWE U.S. Offshore announced that it entered a deal with the Trump Administration to receive $1.22 billion to abandon three offshore wind energy projects. "RWE U.S. Offshore has reached a settlement with the U.S.

  8. The Hill

    Trump pays yet another energy company to give up offshore wind rights (opens The Hill)

    Published

    The Hill's feed description

    The Trump administration is paying yet another company more than $1 billion to give up the rights to produce wind off the U.S. coast, the firm announced Thursday. RWE U.S. Offshore, a subsidiary of German energy company RWE, issued a press release saying it will receive $1.

  9. Los Angeles Times

    Another offshore wind developer exits California in $1.22-billion deal with Trump administration (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    German energy giant RWE said it will abandon wind leases off the coast of New York, Louisiana and Northern California near Humboldt, further challenging the Golden State's clean energy ambitions.

  10. The Brunswick News

    Another offshore wind developer exits California in $1.22 billion deal with Trump administration (opens The Brunswick News)

    Published

    The Brunswick News's feed description

    LOS ANGELES — Another offshore wind company has entered into an agreement with the Trump administration to walk away from projects along the coast of the United States, including one in California. German energy giant RWE said Thursday it reached…

  11. Mother Jones

    Trump Keeps Spending US Tax Dollars to Kill Offshore Wind and Boost Oil and Gas (opens Mother Jones)

    Published

    Mother Jones's feed description

    This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The German energy company RWE has reached a $1.22 billion deal with the US government to relinquish its offshore wind leases and instead redirect funds towards fossil fuel investment…

  12. Reason

    Trump Administration Will Pay $1.2 Billion To Cancel More Offshore Wind Projects, Calling It 'Common Sense' (opens Reason)

    Published

    Reason's feed description

    President Donald Trump and wind mills in the background

  13. High Point Enterprise

    Trump administration's latest buyback of offshore wind leases brings total to nearly $4 billion (copy) (opens High Point Enterprise)

    Published

    High Point Enterprise's feed description

    An offshore wind company says it's reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana. This latest agreement brings the total amount spent on such settlements to…

  14. Shore News Network

    Trump Delivers on Promise to Save Jersey Shore from Offshore Wind Farms with Lease Buybacks (opens Shore News Network)

    Published

    Shore News Network's feed description

    TRENTON, N.J. – The Trump administration has effectively cleared much of the offshore wind development pipeline off the New Jersey coast after negotiating a series of voluntary buyback agreements that compensate developers for surrendering federal wind energy leases.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

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