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U.S. DOT Withdraws $679M in Offshore Wind Funding, Redirects to Maritime and Port Projects

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Quiver Quantitative

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August 30, 2025

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U.S. Transportation Secretary Sean P. Duffy announced the withdrawal or termination of $679 million in federal funding for 12 offshore wind projects, redirecting funds toward shipbuilding, ports, and core infrastructure. The move is part of the Trump administration’s broader push to prioritize maritime dominance and traditional energy over offshore wind...

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