Trump Wind Settlement Sends $900M to Firm Run by Mar-a-Lago Neighbor
A federal settlement paying German energy giant RWE $1.2 billion to cancel offshore wind leases in New York, California, and Louisiana is directing $900 million toward a Louisiana LNG project. The funds are being used to buy a stake from Stonepeak, a private equity firm co-founded by Australian billionaire Michael Dorrell, a major Trump donor and Mar-a-Lago neighbor. While the White House denies any conflict of interest, critics argue the deal benefits a political ally without adding new value to the energy project.
