Story perspectives

Interior Cancels $885M Wind Leases, Redirects to LNG Projects

4/28/2026

Summary

Story summary

The Interior Department will reimburse Bluepoint Wind up to $765 million and Golden State Wind up to $120 million, canceling their wind leases and will invest the refunds in LNG and Gulf Coast oil-gas projects.
Interior Secretary Doug Burgum said the leases were sold as projects viable with massive taxpayer subsidies.
Senate Minority Leader Chuck Schumer called the cancellations reckless and warned they will raise electricity prices for New York households.

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Story summary

The Interior Department will reimburse Bluepoint Wind up to $765 million and Golden State Wind up to $120 million, canceling their wind leases and will invest the refunds in LNG and Gulf Coast oil-gas projects.
Interior Secretary Doug Burgum said the leases were sold as projects viable with massive taxpayer subsidies.
Senate Minority Leader Chuck Schumer called the cancellations reckless and warned they will raise electricity prices for New York households.