RWE announces successful bid in U.S. auction

Wind Industry Profile of

Success marks entry into U.S. offshore wind market / Winning bid secures development area with a capacity of about 3 gigawatts / Lease is expected to provide enough affordable, domestic, carbon-free energy to power 1.1 million U.S. homes

RWE Renewables, one of the globally leading companies in offshore wind announced its success in the New York Bight offshore lease auction in the U.S. Through the joint venture ‘Bight Wind LLC’, RWE secured area OCS-A 0539 with a winning bid of $1.1 billion. The awarded seabed has the potential to host about 3 gigawatts (GW) of capacity, enough to power 1.1 million U.S. homes. The project is expected to be in operation by the end of the decade. The auction consisted of six leases, a record in the U.S. for the most leases... ... More: Official Press Release RWE

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RWE, offshore, USA, auction, bid, sale, New York, lease, area, wind, capacity, seabed