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The Independent UK
The Independent UK
National
Kevin McGill

$5.6 million bid for one offshore tract marks modest start for Gulf of Mexico wind energy

Gulf Louisiana Joe Biden Clearview
Copyright 2018 The Associated Press. All rights reserved.

In a first-of-its kind auction for the Gulf of Mexico, a company bid $5.6 million Tuesday to lease federal waters off the Louisiana coast for wind energy generation.

It was a modest start for wind energy in the Gulf, which lags the Northeast in offshore wind power development. Only one of three available tracts received bids. And only two companies bid. The winning bidder was RWE Offshore US.

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