(OFF) US RAISES 4.37 BILLION FROM OFFSHORE LEASES

The US Bureau of Ocean Energy Management (BOEM) has completed the country’s biggest offshore wind auction after three days and 64 rounds, and the six offered lease sites gathering a total of USD 4.37 billion that will go to the US Treasury.

The largest and most expensive site, which could accommodate a minimum of 1,387 MW of installed capacity, was secured for a price of USD 1.1 billion by Bight Wind Holdings, LLC, a joint venture between RWE Renewables and National Grid.

According to RWE, the lease site has the potential of 3 GW of installed offshore wind capacity. This is in line with what the US Department of Interior (DOI) said earlier on the potential for the sites to have higher installed capacity, mostly due to technological advancements in the industry.

Attentive Energy LLC, a joint venture between EnBW and TotalEnergies, is the winner of the second most expensive lease site, located northeast of the biggest lease area, for a price of USD 795 million.

Shell and EDF Renewables-owned Atlantic Shores Offshore Wind Bight, LLC, won the development area south of the biggest site for USD 780 million, and the area adjacent to Shell and EDF’s was secured by Invenergy Wind Offshore LLC for USD 645 million.

OW Ocean Winds East LLC, an existing joint venture between EDP Renewables and Engie, won the lease area in Central Bight for USD 765 million, while the smallest auctioned site, situated offshore Long Beach in New York, was secured by Mid-Atlantic Offshore Wind LLC, owned by Danish Copenhagen Infrastructure Partners (CIP), for USD 285 million. offshoreWIND.biz - link - Adrijana Buljan - link - more like this (USA) - link - more like this - link