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Martha Kammoun Acquisitions & Finance Transactions Attorney Bracewell New York, NY including private equity funds, conventional and renewable power projects, transmission, energy storage and carbon capture. ....
Now, oil companies that have decades of expertise pulling crude from coastal waters are turning their attention to wind. Oil companies can drill wells that turn up empty, but renewable firms know the wind is there. They just have to harness it. ....
The U.S. is holding its largest offshore wind sale yet off the coast of New York and New Jersey. The sale, which launched Wednesday, marks the first offshore renewable energy sale under the Biden administration and consisted of nearly half a million acres of the New York Bight between Long Island and New Jersey, The Independent reported. ....
(Bloomberg) When the U.S. last auctioned big plots of ocean to companies that wanted to build offshore wind farms a few years ago, it raked in a then-record-setting haul of $405 million. ....
The clamor for the Bight reflects surging interest in U.S. offshore wind since 2016, when the nation s first such commercial facility, a 30-megawatt ....