Engie CEO Catherine MacGregor said the utility is in talks with the Trump administration to scrap its US offshore leases…just a month after TotalEnergies cut a $1B buyback for the same treatment. The catch? Some legal experts question whether the Interior can refund lease payments in the first place.
Engie and JV partner EDP Renováveis have already paused three US projects since Trump retook office. MacGregor’s POV: “It will be complicated to develop offshore wind in the US, whatever the administration.”
Molly Glick
Energy Central Team
Wed, Apr 22
Déjà vu? Another French energy major wants out of US offshore wind.
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