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Benzinga
Benzinga
Business
Phil Hall

TotalEnergies To Develop 1 GW Wind Farm Off NC Coast

TotalEnergies BOEM NYSE TTE North Carolina Ocean

TotalEnergies (NYSE:TTE) has been selected by the U.S. Bureau of Ocean Energy Management (BOEM) to develop a wind farm in the Carolina Long Bay area off the North Carolina coast.

What Happened: The company, which is headquartered in Paris and operates a U.S. office in Houston, successfully bid $160 million for the BOEM's maritime lease area OCS-A 0545 in an auction held May 11.

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