WASHINGTON — The Trump administration on Monday announced reimbursements totaling nearly $900 million to Bluepoint Wind and Golden State Wind in exchange for the companies abandoning their U.S. offshore wind leases. Both companies have agreed not to pursue any new offshore wind projects in the United States.

Bluepoint Wind, an early-stage project off the coasts of New Jersey and New York, paid $765 million for its lease. Golden State Wind, a floating offshore wind project proposed off California's central coast, is eligible to recover approximately $120 million in lease fees. Both projects are co-owned by Ocean Winds, a joint venture of EDP Renewables and Engie.

The Interior Department said it is following the model of its recent deal with TotalEnergies, which is receiving a $1 billion payout to walk away from projects off the coasts of North Carolina and New York. TotalEnergies agreed in March to a refund of its leases and will invest the money in fossil fuel projects instead.

Bluepoint Wind is a partnership between Ocean Winds and Global Infrastructure Partners, which has committed to invest up to $765 million into a U.S.-based liquefied natural gas facility. The department said it would cancel the offshore wind lease and reimburse Global Infrastructure Partners for the amount invested in the liquefied natural gas project. Golden State Wind is a joint venture by Ocean Winds and the Canada Pension Plan Investment Board and can recover about $120 million in lease fees after investing the same amount in oil and gas assets, infrastructure, or projects along the Gulf Coast.

Interior Secretary Doug Burgum said: "Now that hardworking Americans are no longer footing the bill for expensive, unreliable, intermittent energy projects, companies are once again investing in affordable, reliable, secure energy infrastructure. We welcome each of the projects' willingness to actually support baseload power and lower utility bills for American families."

Michael Brown, CEO of Ocean Winds North America, said in a statement: "Our priority remains disciplined capital allocation and delivering reliable energy solutions that create long-term value for ratepayers, partners and shareholders."

Senate Minority Leader Chuck Schumer criticized the administration for stopping Bluepoint Wind. Schumer called it "a reckless decision that hurts working families and the economy and will likely increase electricity prices in New York."

A federal judge in December vacated President Donald Trump's executive order blocking wind energy projects, declaring it unlawful and siding with state attorneys general from 17 states and Washington, D.C., who challenged the order. Two weeks later, the administration ordered construction stopped on five major East Coast offshore wind projects, citing national security concerns. Developers and states sued, and federal judges allowed all five projects to resume construction.

Under the Trump administration, the Bureau of Ocean Energy Management has rescinded all designated wind energy areas in federal waters. Bluepoint Wind and Golden State Wind were each slated to be capable of powering more than 1 million homes when complete and were intended to help New Jersey, New York, and California meet their clean energy goals. If the projects were to move forward, a developer would have to buy new leases.