# U.S. pension fund may divest TotalEnergies stake over offshore wind exit.

*business · news · 2026-05-08 · Seeking Alpha*

## Key points

- The New York State Common Retirement Fund is reconsidering its investment in TotalEnergies.
- TotalEnergies accepted nearly $1 billion from the Trump administration to end two U.S. offshore wind leases.
- TotalEnergies plans to shift investment away from renewable energy and back toward fossil fuels.
- The potential divestment reflects rising investor pressure regarding climate and energy strategies.

**Companies:** TotalEnergies
**Countries:** United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4589881-u-s-pension-fund-may-divest-totalenergies-stake-over-offshore-wind-exit-ft)

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