Bidding ends at $9 million for Kitty Hawk wind rights

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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