NewQ1 2026 Clean Energy Deal Intelligence Report is live
FinancingClosedDecember 7, 2022

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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