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The Los Angeles

Trump administration will buy back company's offshore wind project leases

Trump administration will buy back company's offshore wind project leases
Photo: NBC Los Angeles (KNBC) · view original

An offshore wind company said Thursday that it reached a $1.2 billion deal with the Trump administration to walk away from projects under development off New York, California and Louisiana. RWE U.S. Offshore said its leases represented years of planning, investment and partnership with federal ag...

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