The US’ largest-ever offshore wind leasing tripled previous records, reaching $1.5bn in total as fewer bidders than expected competed fiercely for acreage in the New York Bight, and even smaller and poorly placed areas skyrocketed by 6pm close of Wednesday. The auction is set to resume on Thursday morning at 9am, with most lease areas remaining contested and with two or more bidders in the running.
Record bids reach $1.5bn flow in US' biggest-ever offshore wind auction as slow-burn lease areas catch light
Up-to-7GW New York Bight sees leasing prices soar as high as $410m for prime development acreage as landmark tender opens, and even smaller zones that had been ignored start to ramp as industry awaits final awards announcement
23 February 2022 22:39 GMT
Updated
24 February 2022 14:46 GMT
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