Some companies are apparently huge believers in the potential for wind power to not only create green energy in the Tri-Counties, but also to be a big money maker.
The three companies won bids with the federal government for three leases to build wind powered electrical generating facilities in the ocean off of the Central Coast.
Equinor Wind had a successful $130 million bid, Central California Offshore Wind won with a $150 million bid, and Invenergy California Offshore got a lease with a $145 million big. The three lease areas cover about 80,000 square miles of ocean each. They’re northwest of Morro Bay.
During Tuesday’s bidding, two areas off the ocean in Northern California were also leased. The federal government stands to make about $750 million in total from the five leases.
