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$9m bid wins Kitty Hawk auction

UPDATE 14: North Carolina sale ends after 17 rounds

$9m bid wins Kitty Hawk auction image

A high bid of $9,066,650 has won the 1.5GW North Carolina offshore wind lease auction after 17 rounds.

A provisional winner has claimed the prize and the Bureau of Ocean Energy Management expects to release details shortly.

Nine developers were eligible to compete for the 49,000-hectare site off the coast of Kitty Hawk.

Potential bidders include Avangrid, Enbridge, PNE Wind, Statoil, Wind Future and WPD. Northland Power, Shell and Apex Clean Energy also made the cut but bowed out before the sale.

The sale is being held as a blind, ascending-bid online auction with the asking prices set by BOEM.

The federal agency has raised more than $58m in six competitive lease sales so far, including a record-breaking $42.5m paid by Statoil for the 1GW New York lease area.

US wind claimed sites off the coasts of Maryland and New Jersey, Dong holds leases off New Jersey and Massachusetts, Copenhagen Infrastructure Partners secured a 1GW Massachusetts lease area, Deepwater Wind won the 1GW Rhode Island/Massachusetts zone and regulated utility Dominion holds a 2GW lease area off Virginia.

Planning is also underway for sites off South Carolina, California and Hawaii.

Check reNews.biz throughout the day for auction updates.

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