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Copenhagen Infrastructure Partners fund snaps up offshore wind lease area in New York Bight
FEBRUARY 28, 2022

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Copenhagen Infrastructure Partners fund snaps up offshore wind lease area in New York Bight

by Kali Persall

Mid-Atlantic Offshore Wind, a fund managed by Copenhagen Infrastructure Partners (CIP), has acquired lease area OCS-A 0544 in the New York Bight, a triangular geological indentation located along the Atlantic coast of the United States.

In January, the U.S Bureau of Ocean Energy Management (BOEM) announced plans to hold a wind-energy auction for more than 488,000 acres in the New York Bight, marking the first offshore wind-energy auction under the Biden-Harris Administration.

A month later, BOEM said it had completed the country’s biggest offshore-wind auction after three days and 64 rounds. The six offered lease sites gathered a total of $4.37 billion that will go to the U.S. Treasury.

“The auction of lease areas in the New York Bight represented a strong investment opportunity given the anticipated growth of the offshore wind industry in the U.S. in the coming years,” said Christian Skakkebæk, senior partner and co-founder of CIP. “By adding OCS-A 054

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