The United States reaches a $1.2 billion deal to pay German energy firm RWE, in a move that ends or pauses certain offshore wind development plans. RWE says it has agreed to relinquish its leases covering areas off the coasts of California, Louisiana, and New York. The agreement is described as a payment to resolve disputes and halt the relevant projects tied to those leasehold rights. With the settlement, the company’s involvement in the affected offshore wind sites is expected to end, shifting the planned development away from the specific areas covered by the surrendered leases. The reporting centers on the size of the payment and the geographic scope of the lease relinquishment, rather than on broader policy changes or alternative project announcements. Other details about the legal basis for the settlement and the timing of the handover are not provided in the available excerpts.