BBC News·4 min read·medium

US strikes $1.2bn deal to pay German firm to halt offshore wind projects

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US strikes $1.2bn deal to pay German firm to halt offshore wind projects
AI Summary

The US government has reached a $1.2 billion deal with German energy firm RWE to terminate offshore wind projects in favor of conventional gas and LNG infrastructure. This move aligns with the Trump administration's broader policy shift toward fossil fuel expansion.

Image source, Getty Images By Rorey Bosotti Published 24 minutes ago German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with President Donald Trump's Department of the Interior (DoI).

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