Overview
- Golden State Wind, which received an administrative subpoena Monday from the California Energy Commission, is being pressed for records on its deal to end a Morro Bay offshore wind lease.
- The Interior Department says the company agreed to relinquish Lease OCS-P 0564 for a $120 million payout after it invests the same amount in U.S. oil and gas and commits to forgo future U.S. offshore wind projects.
- California Attorney General Rob Bonta signaled possible litigation as the state weighs harm to its energy plans after spending about $100 million on ports and transmission for offshore wind.
- The state action follows a Trump administration strategy that offers nearly $2 billion to unwind offshore wind leases, including $1 billion for TotalEnergies and nearly $900 million tied to Golden State Wind and Bluepoint Wind.
- House Democrats Jared Huffman and Jamie Raskin have requested documents on the deals, while Ocean Winds, a co-owner of Golden State Wind and Bluepoint Wind, declined to comment on the subpoena.