Payout Agreement Signed

Ocean Winds North America terminated its federal lease for Golden State Wind project in Morro Bay, California.
Trump Administration spent $2 billion to incentivize abandonment of offshore wind projects.
Federal courts blocked efforts to stop development through executive action.
California invested $100 million in offshore wind to accelerate clean energy transition.
California Energy Commission issued subpoena to Golden State for payout details.
Congressmember Salud Carbajal called deal a 'backwards decision' to sabotage wind energy.
Attorney General Rob Bonta expects litigation to protect renewable energy and jobs.
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