It was the fourth such deal struck by the administration to get companies to forfeit their offshore wind leases.

Duke Energy’s Carolina Long Bay offshore wind lease was acquired in 2022 for $155 million and was in early stages of ...

Duke Energy is selling its offshore wind lease back to the government to focus on grid reliability and nuclear energy.

A Duke Energy subsidiary paid $155 million for the lease in 2022, saying it could support up to 1.6 GW of capacity. The ...

The Interior Department has announced that Charlotte-based Duke Energy will terminate its offshore wind lease off Bald Head ...

The US Interior Department said it reached an agreement with Duke Energy which will voluntarily terminate its offshore wind ...

President Trump’s campaign against wind energy in North Carolina advanced this week. Three months after French-owned ...

The federal government and Duke Energy have signed a $129 million settlement that completely changes the trajectory of a ...

Trump team hands out $129 million in taxpayer money to end another wind farm project - The chief executive of Duke Energy ...

Duke Energy ‌will end its offshore wind lease in the Carolina Long Bay area as part of ​a settlement agreement with the U.S.

File image of the first operating South Fork Wind farm turbine, Dec. 7, 2023, stands east of Montauk Point, N.Y. The Biden administration approved the seventh large offshore wind project in the United ...