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Record-Setting New York Bight Auction and Newly-Announced Oregon Lease Areas Portend Rapid Growth in U S Offshore Wind Industry | K&L Gates LLP

Offshore wind is in high demand, as evidenced by the US$4.37 billion in winning bids generated in the recent federal government auction of lease blocks in the New York Bight. On a.

Rapid Growth in U S Offshore Wind Industry

Offshore wind is in high demand, as evidenced by the recent US $4.37 billion of auction results for lease areas in the New York Bight. On a per-acre basis, the provisional winners were willing to pay amounts several multiples higher than the winners of previous auctions.

Shell, TotalEnergies, Engie Among High Bidders in New York Bight Offshore Wind Auction

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