Trump administration settles offshore wind lease agreement with Duke Energy

The U.S. Interior Department has reached a settlement with Duke Energy (DUK) regarding an offshore wind lease in the Carolina Long Bay Area, valued at $129 million. The company will voluntarily terminate its lease and reinvest the same amount into additional projects.

By Carl Surran, SA News Editor · Seeking Alpha · June 29, 2026, 17:21 UTC

Trump administration settles offshore wind lease agreement with Duke Energy

Tickers: $DUK

Topics: energy policy government settlement offshore wind

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