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 $1.22 billion in settlement funds and give up its rights to…
US PoliticsNorth America
Trump pays yet another energy company to give up offshore wind rights
The Hill
August 6, 2026 at 7:23 PM
5 views

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 $1.22 billion in settlement funds and give up its rights to…