Trump deal scraps two Gulf of Maine wind energy leases

MAINE PUBLIC • June 18, 2026

Energy giant Invenergy will abandon two of its offshore wind power projects in the Gulf of Maine as part of a $765 million deal with the Trump administration to invest in fossil fuel power plants instead. Under the arrangement, Chicago-based Invenergy will give up offshore leases in California, New York and Massachusetts. The lease payments will instead be redirected to building natural gas power plants in Indiana, Wisconsin, Iowa, Kansas and Missouri and a geothermal generation project in the American west. President Donald Trump is openly hostile to offshore wind power and his administration is pro-fossil fuel energy.