German energy company RWE has said it will abandon its offshore wind projects in the US after reaching a $1.2bn (£892m) payout deal with Donald Trump's Department of the Interior (DOI).

RWE said that it will now reinvest the sum into conventional gas projects, including $900m (£669m) in a liquefied natural gas (LNG) export terminal project in Louisiana.

you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 2 months ago (1 child)

I hope RWE will spend the money on renewable systems in Europe then.

  • source
  • hideshow 1 child comment