USA: Avangrid Renewables wins 1.5GW Kitty Hawk lease auction

Fri Mar 17 2017, 10:29 AM

Lease area OCS-A 0508 lies off North Carolina

Avangrid Renewables is the provisional winner of the Bureau of Ocean Energy Management’s (BOEM) competitive lease sale for the Wind Energy Area off Kitty Hawk, North Carolina. It successfully bid of $9,066,650 for the 122,405 acres site. The North Carolina lease area (OCS-A 0508) begins about 44km from the shore and extends 47.6km in a south-easterly direction. It has a potential generating capacity of 1,486MW. The actual size of the wind energy project will be determined by the developer. Wind Future LLC, Statoil Wind US LLC and wpd offshore Alpha LLC also participated in the lease sale.