UK Set to Open $25 Billion Lease Auction for Offshore Wind Farms

Capt. John

By William Mathis (Bloomberg) –The U.K. is set to open the first contest in a decade intended to draw as much as 20 billion pounds ($25 billion) of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at...

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