April 22, 2026 — Executives at the French company Engie confirmed today that they are in discussions with U.S. officials about possibly canceling their offshore wind farm leases. Last month, the administration agreed to reimburse TotalEnergies for its offshore wind leases and hinted it might use the same technique with others, although advocates and lawmakers are questioning the legal authority.
The Trump administration said in March that it had agreed to reimburse TotalEnergies nearly $1 billion it had paid to acquire a large lease in the New York Bight, which was to host two large wind farms, as well as a small property off North Carolina. The administration called it a win, saying the company had agreed to reinvest the money in the U.S. LNG sector, where it has a project underway.