Norwegian-based company wins NY offshore wind auction

By The Associated Press

A Norwegian-based energy company is the provisional winner of an auction to develop a massive wind project between New York and New Jersey.

 

MINEOLA, N.Y. (AP) — A Norwegian-based energy company is the provisional winner of an auction to develop a massive wind project between New York and New Jersey.

The U.S. Department of the Interior's Bureau of Ocean Energy Management says Statoil Wind US LLC submitted a winning bid of $42.4 million for a 127-square-mile site in the Atlantic Ocean.

The company is a subsidiary of the Norwegian company Statoil.

Other bidders included the New York State Energy Research Development Authority. A Statoil statement says it will work closely with that agency on developing the wind project.

Statoil Wind says the project could eventually develop one billion watts of energy.

Fishing groups in New York, New Jersey, Rhode Island and Massachusetts are challenging the project. A court hearing is set for Feb. 8.

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