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In a first-of-its kind auction for the Gulf of Mexico, a company bid $5.6 million Tuesday to lease federal waters off the Louisiana coast for wind energy generation.
Only two companies bid on it.
Only two companies bid on it.
Offshore wind advocates blame Texas’ antagonistic political climate for the lack of offers. A lease off the coast of Louisiana received two bids.
A company has bid $5.6 million to lease federal waters off the Louisiana coast for wind energy generation.