• Roughly 78% of federal land auctioned by the Biden administration for offshore wind developments along California’s coast went to five large foreign energy companies.
• In total, the Interior Department leased 292,850 out of a possible 373,268 acres (78%) of federal waters to European firms for wind turbine construction. Invenergy California Offshore LLC, a division of the Chicago-based renewable developer Invenergy LLC, was the only U.S. company among the five competitors to secure a lease.

Tagged: #Bidenflation