By Michelle Froese Rights to develop offshore wind energy in an expanse of ocean real estate 24 nautical miles away from the North Carolina coast sold for $9 million in an auction held by the U.S. Bureau of Ocean Energy Management (BOEM).
A Wind Energy Area of 122,405 acres offshore Kitty Hawk, North Carolina received the high bid of $9,066,650 from Avangrid Renewables, the provisional winner.
The winning bid was placed by Avangrid Renewables, which recently completed North Carolina’s first land-based wind project.
“The same winds that once lifted the first powered flight above North Carolina’s Outer Banks could soon power thousands if not millions of
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