LONDON, Nov 26 - TotalEnergies has paused
development of a wind farm off the coast of New York after
Donald Trump's U.S. election victory, the French company's CEO
said on Tuesday.
The French energy group formed a joint venture in October
2023 for development of the Attentive Energy offshore wind
project off the coast of New York.
"In offshore wind, I decided to put the project on pause,
because all the offshore wind projects are in Democratic states
... we'll see better in four years," Patrick Pouyanne told the
Energy Intelligence Forum on Tuesday.
"The advantage is that it's only for four years."
Total owns 56% of the Attentive Energy project while
partners Corio Generation and Rise Light & Power hold 27.7% and
16.3% stakes respectively.