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Trump to Pay Invenergy to Cancel Offshore Wind Power Leases (opens original article in a new tab)

TL;DR

The Trump administration cancels offshore wind leases held by Invenergy LLC and refunds $765 million, part of efforts to block wind energy development.

  • Trump administration cancels four offshore wind leases held by Invenergy LLC
  • Invenergy receives $765 million refund to invest in natural gas and geothermal projects
  • Administration cancels leases as part of strategy to block offshore wind development

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