RWE exits US offshore wind market with $1.22 billion bounty

RWE has agreed to walk away from three US offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for a $1.22 billion settlement from the US government.

offshore wind

RWE has agreed to walk away from three US offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for a $1.22 billion settlement from the US government.