NewQ1 2026 Clean Energy Deal Intelligence Report is live
M&AClosedApril 27, 2026

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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