Last mentioned: Mar 24, 2026
Public Announcement
The administration and TotalEnergies confirm the cancellation of the projects.
Official Announcement
The administration confirms the payout to TotalEnergies to abandon US wind projects.
Settlement Announced
DOI announces $1B refund deal for TotalEnergies to exit the U.S. wind market.
Settlement Announced
DOI announces $1B deal for TotalEnergies to exit wind leases and pivot to fossil fuels.
Dominion Milestone
Coastal Virginia Offshore Wind begins delivering power to the grid.
Settlement Reached
Reports emerge of a $1 billion deal to buy out TotalEnergies' U.S. wind interests.
Settlement Reached
Reports emerge of a $1 billion agreement to cancel the leases.
Court Ruling
Federal judges allow wind construction to resume, rejecting the government's security claims.
Judicial Reversal
Federal judges allow wind projects to resume, citing lack of evidence for security risks.
Construction Halt
Trump administration attempts to stop five East Coast wind projects citing national security.
Construction Halt
Trump administration attempts to stop five East Coast wind projects citing national security.
Trump Elected
TotalEnergies pauses its U.S. offshore wind projects immediately following the election results.
Policy Shift
The Trump administration takes office with a stated goal of halting offshore wind development.
Policy Shift
Trump administration takes office with a pledge to halt offshore wind projects.
Election Impact
TotalEnergies pauses U.S. offshore wind projects following the election of Donald Trump.
Lease Acquisition
TotalEnergies wins New York Bight offshore wind lease for $795 million.
Lease Acquisition
TotalEnergies wins major offshore wind leases in the New York Bight auction.
Lease Acquisition
TotalEnergies acquires offshore wind leases in NY and NC during the Biden administration.
The Trump administration has finalized a $1 billion settlement with TotalEnergies to cancel several major offshore wind projects along the U.S. East Coast. This unprecedented move signals an aggressive federal effort to dismantle renewable energy infrastructure in favor of traditional energy sources.
The Trump administration has finalized a $1 billion settlement with French energy giant TotalEnergies to cancel its U.S. offshore wind leases. This unprecedented move signals a total reversal of federal support for the offshore wind industry, prioritizing the dismantling of the renewable energy pipeline.
The Trump administration has reached a $1 billion settlement with TotalEnergies to cancel offshore wind leases in New York and North Carolina. The deal requires the French energy giant to reinvest the funds into U.S. fossil fuel projects, including a Texas LNG facility.
The U.S. Department of the Interior has reached a $1 billion settlement with TotalEnergies to terminate offshore wind leases off the coasts of New York and North Carolina. In exchange for the refund, the French energy giant has pledged to cease U.S. offshore wind development and pivot its capital toward domestic liquefied natural gas and oil projects.