TotalEnergies pauses US offshore wind project after Trump victory, CEO says
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TotalEnergies has paused its offshore wind project near New York following Donald Trump's U.S. election victory, as announced by the company's CEO.

November 26, 2024 | 6:30 pm
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TotalEnergies has paused its offshore wind project near New York due to the political climate following Donald Trump's election victory.
The decision to pause the project is directly linked to the political changes following Trump's victory, which may affect regulatory and market conditions for renewable energy projects. This could lead to short-term negative sentiment around TotalEnergies' stock, particularly concerning its renewable energy initiatives.
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