Macro Finance
Trump Refunds to Cancel Offshore Wind Projects Total $4 Billion
Bloomberg Markets·August 6, 2026·1 min read
The Trump administration has agreed to roughly $4 billion in settlements this year to cancel planned offshore wind projects, including a $1.22 billion deal with German utility RWE AG announced Thursday. Billions more in projects remain at risk as the administration continues to unwind renewable energy initiatives.
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