Mar-a-Lago Neighbor Poised for a Big Windfall From Trump Wind Settlement

1 min read
Source: The Independent
Mar-a-Lago Neighbor Poised for a Big Windfall From Trump Wind Settlement
Photo: The Independent
TL;DR Summary

A settlement ending offshore wind projects in New York, California and Louisiana includes a $1.2 billion payment from the Trump administration to RWE; about $900 million of that will fund a Louisiana LNG project controlled by Stonespeak, a firm led by Michael Dorrell, who lives near Mar-a-Lago. White House officials insist there’s no conflict of interest, while Democrats and critics frame the deal as a questionable use of taxpayer funds that shifts investment toward conventional energy.

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