Auction of ‘Wind Lots’ Off Massachusetts Coast Nets Record $405 Million

In what is described as the "highest grossing competitive lease sale for renewable energy in federal waters," the U.S. Secretary of the Interior and the Bureau of Ocean Energy Management  have announced an auction of offshore Massachusetts "wind lots" has netted "$405 million in winning bids." According to a press release from Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management acting director Walter Cruickshank, the December 14 auction of acreage suitable for the install

In what is described as the "highest grossing competitive lease sale for renewable energy in federal waters," the U.S. Secretary of the Interior and the Bureau of Ocean Energy Management  have announced an auction of offshore Massachusetts "wind lots" has netted "$405 million in winning bids." According to a press release from Secretary of the Interior Ryan Zinke and Bureau of Ocean Energy Management acting director Walter Cruickshank, the December 14 auction of acreage suitable for the install…