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.

The prospect of wind power off Louisiana’s Gulf Coast, once touted as a boon for local companies and a way to reduce climate-warming emissions, appears dead in the water – at least for now. The recent ...

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The Trump administration has agreed to fork over nearly $4 billion in taxpayer dollars since the spring to get major energy firms to abandon a dozen leases for U.S. offshore wind projects.

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 ...

RWE is walking away from offshore wind leases in U.S. waters under a deal announced with the Interior Department. The headline figure is real, but the public record leaves key questions about the ...