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RWE Withdraws From Three U.S. Offshore Wind Leases in $1.22B Interior Settlement

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RWE has withdrawn from three U.S. offshore wind leases under a $1.22 billion settlement with the U.S. Interior Department. The settlement resolves legal claims related to RWE U.S. Offshore and provides $1.22 billion in settlement funds. RWE had previously secured the leases with a long-term commitment to develop offshore wind capacity in American waters.

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