House Democrats to Investigate TotalEnergies Wind Cancellation

April 29, 2026, 5:54 PM UTC

House Democrats are launching an investigation into the deal between the Trump administration and TotalEnergies to pivot the French energy giant’s offshore wind investments into natural gas projects.

The Trump administration in late March agreed to pay nearly $1 billion to TotalEnergies to release the company of their wind leases and direct funds to US oil and gas investments. House and Senate Democrats have questioned the deal’s legality. The deal came after the administration made it a mission to ax all offshore wind projects.

“What I have to say to TotalEnergies is this: Consider yourself on notice, we’re coming for ...

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.