US offshore wind developers accept Trump administration deal to reinvest in oil, gas assets

Published 01:11 on April 29, 2026 / Last updated at 01:11 on April 29, 2026 / / Americas (US & Canada), Net Zero Transition (Power/Electrification)

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The US Department of the Interior (DOI) announced on Tuesday two agreements with offshore wind developers to voluntarily end their federal leases and reinvest their multi-million reimbursements into oil and gas assets.
The US Department of the Interior (DOI) announced on Tuesday two agreements with offshore wind developers to voluntarily end their federal leases and reinvest their multi-million reimbursements into oil and gas assets.


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