NJ Offshore Leases go to Two Bidders

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RES America and US Wind Inc were selected by the Bureau of Ocean Energy Management to lease tracts of land off the coast of New Jersey.  Each paid $880,715 (160,480 acres) and $1,006,240 (183,353 acres) respectively.

http://www.njspotlight.com/stories/15/11/09/new-jersey-s-first-two-offshore-wind-leases-go-to-high-bidders-in-auction/

 

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