April 27, 2026 — A second French energy firm is pursuing a refund on its U.S. offshore wind leases — and analysts say the trend could spread further, despite major legal questions about the Trump administration’s approach.
Engie, which had been planning three U.S. projects, is in talks with the administration about forfeiting the company’s offshore wind leases in exchange for reimbursement. Engie CEO Catherine MacGregor disclosed the development on April 21, a month after the French oil giant TotalEnergies struck a similar deal for nearly $1 billion with the U.S. Department of the Interior.
“Discussions are ongoing, and we’ll see if an agreement is possible,” MacGregor told reporters at a press meeting in Paris.
“Economically and also in terms of public acceptance, I strongly believe in offshore wind power,” she added. However, “One must be able to say that energy policy is stable enough whatever the political color of the government” to continue investing in the clean energy resource.