A U.S. auction of locations for offshore wind farms on the Atlantic coast resulted in a record $4.37 billion in winning bids, officials said Friday, a sign of robust interest in developing renewable energy in federal waters.
Auction winners for parcels covering nearly a half million acres off the coast of New York and New Jersey included a partnership of Shell PLC and EDF Renewables Inc., a partnership of U.S.-based firms Invenergy LLC and energyRe, and a partnership of Engie SA, EDP Renewables and fund manager Global Infrastructure Partners.
