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US strikes $1.2B deal to pay German firm to halt offshore wind projects

Uploaded by blindcrv on August 07, 2026

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https://www.bbc.com/news/articles/c1e1vg0gjl5o

The US government has agreed to pay a German company $1.2 billion to stop its offshore wind projects. The deal aims to settle a lawsuit and allow the US to regain control of the projects. The payment will compensate the company for its investments and halt its development of the wind farms.

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