The Trump administration is paying another $1.2 billion to cancel an offshore wind lease, this time to German utility RWE.
The energy company said in an announcement that the wind farms would have been built off the coasts of California, Louisiana, and New York. Instead, RWE will spend $900 million to buy a small stake in a Louisiana liquid natural gas export terminal.
Originally reported by TechCrunch. Read the full story at the original source.
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