Wire report

Trump administration pays $765 million to kill more offshore wind projects, including one off California

The Trump administration on Wednesday said it will pay developer Invenergy $765 million to walk away from four U.S. wind leases, including one off the coast of California, and invest instead in geothermal and fossil fuel projects.

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Why it mattersCalifornia

The Trump administration on Wednesday said it will pay developer Invenergy $765 million to walk away from four U.S. wind leases, including one off the coast of California, and invest instead in geothermal and fossil fuel projects.

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What happened

According to Los Angeles Times’s linked item, Trump administration pays $765 million to kill more offshore wind projects, including one off California, The Trump administration on Wednesday said it will pay developer Invenergy $765 million to walk away from four U.S. wind leases, including one off the coast of California, and invest instead in geothermal and fossil fuel projects.

Context

The development sits in VINI’s California coverage for readers following state policy, regional institutions, courts, markets, public services, and California communities. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The linked item is dated 2026-06-17T18:42:15+00:00.

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Source

Primary source: Trump administration pays $765 million to kill more offshore wind projects, including one off California via Los Angeles Times. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

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