Trump Administration Reaches Fourth Offshore Wind Lease Buyout Deal, Duke Energy Exits Carolina Long Bay Site
OffshoreWIND.biz30 Jun 2026Clients
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A USD 129 million settlement with the Department of the Interior will see Duke Energy voluntarily terminate its Carolina Long Bay lease OCS‑A 0546, originally awarded in the 2022 BOEM auction, and reinvest an equivalent amount in non‑offshore‑wind generation and grid projects in the Carolinas.