The Trump administration has already paid several other energy companies to drop in-development offshore wind projects.

This is the fifth such deal in which the president and his team has paid big to cancel a green energy contract.

An offshore wind company says it's reached a $1.2 billion settlement with the Trump administration to walk away from projects under development off New York, California and Louisiana.

RWE said it has agreed to relinquish its leases off the California, Louisiana and New York coasts.

By Nichola Groom Aug 6 (Reuters) - German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to cancel three offshore wind leases in U.S.

ClearView Energy Partners' Timothy Fox breaks down a $1.2 billion settlement to halt offshore wind projects and what comes next.

The Trump administration’s latest deal to cancel offshore wind projects and boost fossil fuel energy development instead is generating a huge payday for one of the president’s million-dollar donors.

Aug. 17 (UPI) --The Trump administration has agreed to pay out about $4 billion to companies to encourage them not to build out offshore wind energy projects. The Department of the Interior announced ...

SAN FRANCISCO (KEYT) – California's Attorney General filed a lawsuit against the Trump Administration's recent deal killing a local offshore wind energy project Friday alleging the deal is ...

California is taking the Trump administration to court to reverse a deal that blew a large offshore wind project off the table. A lawsuit filed Friday in federal court accuses the U.S. Department of ...

A company run by a neighbor of President Donald Trump is set to earn a nearly billion-dollar windfall as a result of a settlement deal to end U.S. offshore wind projects, according to a new report.