US weighs settlement of about $1 billion with TotalEnergies for blocking wind farms, NYT reports-March 2024-www.financetom.com

US weighs settlement of about $1 billion with TotalEnergies for blocking wind farms, NYT reports

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US weighs settlement of about $1 billion with TotalEnergies for blocking wind farms, NYT reports

Mar 17, 2026 2:45 AM

March 17 - U.S. officials are drafting agreements that

would pay about $1 billion to French oil major TotalEnergies

in settlements owing to the cancellation of leases in

federal waters for its wind farms off New York State and North

Carolina, the New York Times reported on Tuesday.

Reuters could not immediately verify the report.

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