Financial Ports

$120m wind lease fight: California sues Trump over offshore U-turn

CLAVE 1 / 4California files federal lawsuit to block $120m reimbursement for cancelled 2 GW offshore wind lease.

CLAVE 2 / 4Golden State Wind, a joint venture between Ocean Winds and Reventus Power, had planned floating turbines 53 miles off Morro Bay.

CLAVE 3 / 4Trump administration’s deal redirects $120m to fossil fuel projects outside California, state argues.

CLAVE 4 / 4Lawsuit targets alleged breaches of Outer Continental Shelf Lands Act and Judgment Fund Act.

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