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Equinor wins offshore wind lease in US Central Atlantic auction


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Equinor wins offshore wind lease in US Central Atlantic auction

Business

Category: Business News

Equinor has been announced as a provisional winner in the Bureau of Ocean Energy Management’s (BOEM) offshore wind energy lease auction in the U.S. Central Atlantic region. The ~2 gigawatt (GW) lease will have the capacity to produce enough energy to power approximately 900,000 U.S. homes.

With a bid of $75,001,001 for 101,443 acres in the Atlantic Ocean, Equinor secured one of two fixed-bottom lease areas in the BOEM auction located 26 nautical miles from the mouth of the Delaware Bay.

Equinor will now work with BOEM to certify the lease, and after regulatory approvals, the Central Atlantic site would be added to Equinor’s existing U.S. offshore wind portfolio.

Read full article here.

Source: Equinor