It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.
The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced Wednesday that it reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off the costs…
The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced Wednesday that it reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off the costs…
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