California North Floating, LLC, a subsidiary of Copenhagen Infrastructure Partners, and RWE Offshore Wind Holdings, LLC, a German multinational energy company, placed the winning bids for two lease areas in the Humboldt Wind Energy Area (WEA), which spans more than 132,000 acres approximately 20 miles west of Eureka.
When the auction ended just before noon today, the swath of watery real estate went for more than $331.5 million, with California North Floating, LLC bidding $173.8 million for 69,031 acres and RWE Offshore Wind Holdings, LLC bidding 63,338 acres for $157.7 million.
Now that the provisional winners have been announced, BOEM will return the non-winners’ bid deposits and the Department of Justice will initiate an antitrust review of the auction. All winners are considered provisional until they sign the lease, provide financial assurance and pay any outstanding balance of their bid.
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