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

https://mins.news/en/item/16122

- BBC News, 2026-08-07 09:50 UTC
- Economy
- Original: https://www.bbc.co.uk/news/articles/c1e1vg0gjl5o?at_medium=RSS&at_campaign=rss

> The United States has reached a $1.2bn deal with German company RWE to halt offshore wind projects. The payout is the latest in a series of agreements cancelling wind-energy developments. Wind power has long been derided by Donald Trump, whose administration is pursuing these cancellations.

## Related coverage

- [Trump Administration Agrees to $4 Billion in Settlements to Cancel Offshore Wind Projects](https://mins.news/en/item/16087) — Bloomberg News, 2026-08-07
