Event Brief
Mar 25, 2026 at 2:02 AM ET
Trump to pay TotalEnergies $1B for offshore wind leases
By The BriefBrief
TotalEnergies will receive $1B to drop U.S. offshore wind projects and invest in fossil fuels instead.
WHO: Trump administration
WHAT: payment to TotalEnergies to drop offshore wind leases
WHEN: Mar 23, 2026 at 4:36 PM ET
WHERE: North Carolina and New York
WHY: TotalEnergies agreed to a refund of its leases for projects.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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