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April 27, 2024
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First West Coast Offshore Wind Auction Fetches $757M
Winners of the first West Coast wind auction were large international firms or their subsidiaries.
Winners of the first West Coast wind auction were large international firms or their subsidiaries. | BOEM
Developers bid a total $757 million, or $2,039/acre, for five leases in two wind energy areas off California in the first West Coast offshore wind auction.
Bureau of Ocean Energy ManagementCAISO/WEIMOffshore WindOffshore Wind Power