August 10, 2026 — Another offshore wind power developer has announced a settlement with the U.S. Department of the Interior which will see it relinquish its offshore wind leases and instead invest in other energy projects.
RWE U.S. Offshore said the deal will see it end its lawsuits against the U.S. government over its leases off the coasts of New York, California, and Louisiana. Despite investing roughly USD 1 billion (EUR 866 million) in energy projects on those leases, the company said it was no longer possible to secure permits for them.