California offshore wind lease auction — 5 lease areas (~4.6 GW potential, first US Pacific + first US floating)
First-ever US Pacific offshore wind auction + first-ever US floating offshore wind leases. 5 winning bidders: RWE, California North Floating, Equinor Wind US, Central California Offshore Wind, Invenergy California Offshore. ~4.6 GW capacity potential (1.5M homes). $117M+ for workforce training + supply chain investments.
$757M
Deal Value
4,600MW
Capacity
Offshore Wind
Technology
CA
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- U.S. Department of the Interior / BOEM
- Buyer / Financier
- RWE Offshore Wind, California North Floating, Equinor Wind US, Central California Offshore Wind, Invenergy California Offshore
- Deal Value
- $757.1M total winning bids
- Stage
- Development
- ISO/RTO
- CAISO
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