California offshore auction receives more than $757m in winning bids
The US government has announced that California’s first auction of offshore wind construction rights received more than $757 million in winning bids, the majority of which came from European companies. The US Department of the Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) auctioned off five lease areas on the state’s Outer Continental Shelf, totaling 73,268 acres.
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