Bluepoint Wind — federal OCS lease cancellation for 2.4 GW fixed-bottom offshore wind project off New York; DOI agrees to refund $765M in lease bid fees in exchange for redirected capital into US oil & gas infrastructure
Trump administration policy reversal: DOI agreed to terminate Bluepoint Wind's federal OCS lease and refund $765M of the original bid fee in exchange for the JV — Ocean Winds (EDPR/ENGIE) plus Global Infrastructure Partners — redirecting comparable capital into US LNG and oil & gas infrastructure. One of two simultaneous offshore wind cancellations announced by DOI on 2026-04-27 (the other is Golden State Wind). Marks the second multi-gigawatt project terminated under the new federal stance on offshore wind.
$765M
Deal Value
2,400MW
Capacity
Offshore Wind
Technology
NY
Location
Deal Details
- Deal Type
- Federal Lease Termination / Divestiture
- Seller / Sponsor
- Bluepoint Wind LLC
- Buyer / Financier
- U.S. Department of the Interior (lease cancellation)
- Deal Value
- $765M (DOI lease fee refund)
- Stage
- Cancelled
- ISO/RTO
- NYISO
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