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Invenergy's $765 Million Offshore Wind Exit Shows How Washington Is Rewiring the Energy Map
On June 17, 2026, the Trump administration and Invenergy agreed to terminate four offshore wind leases in the New York Bight, Gulf of Maine and off California's central coast. The $765 million reimbursement is not just another energy headline. It is a vivid sign that federal policy is moving capital away from coastal clean-power plans and toward gas and geothermal projects that can be built on a faster commercial clock.