The Massachusetts offshore wind auction has concluded with two companies taking zones one and two for $135m each.
There was no bid for zone three in the final 32nd round for the Bureau of Ocean Energy Management set price of $140m.
BOEM will announce the winners later today.
Of the 19 companies qualified to bid, including Avangrid Renewables, Norwegian company Equinor and Orsted-acquired Deepwater Wind, 11 of them placed bids at the start of the auction.
The auction consists of a series of rounds. During each round, companies can choose to pay the new price tag or drop out of consideration.
BOEM will not release the names of specific companies bidding on the leases until the conclusion of the auction.
Each lease area contains about 53,000 hectares, and lies directly southeast of areas already leased to Vineyard Wind and Bay State Wind.
This auction is slightly different because the three leases are auctioned simultaneously and companies have the option to bid on any of the leases during each round.
“This auction will have different dynamics than we’ve had in previous auctions,” a BOEM spokesperson said.
The other companies able to compete in the auction are Camellia Wind Energy, Blue Cloud Wind Energy, Cobra Industrial Services, East Wind, EC&R Developments, EDF Renewables, EDPR Offshore North America, Enbridge Holdings (Green Energy), Innogy US Renewable Projects, Mayflower Wind Energy, Northeast Wind Energy, Northland Power America, PNE Wind USA, Vineyard Wind, Wind Future and WPD Offshore Alpha.