# Trump Administration Agrees to $4 Billion in Settlements to Cancel Offshore Wind Projects

https://mins.news/en/item/16087

- Bloomberg News, 2026-08-07 11:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-08-06/trump-refunds-4-billion-to-cancel-us-offshore-wind-projects?link_source=ta_bluesky_link&taid=6a75bacb16de02000121a8c8

> The Trump administration has agreed to about $4 billion in settlements this year to terminate planned offshore wind projects in the United States. A deal announced Thursday will pay German utility RWE AG $1.22 billion. Billions of dollars in additional projects remain at risk of cancellation.

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