Portland, Maine — The U.S. government chose winning bids Tuesday to develop wind power off New England in the first commercial sale for floating offshore wind on the Atlantic coast.

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The U.S. government chose winning bids Tuesday to develop wind power off New England in the first commercial sale for ...

Total winning bids were far less than the $757 million garnered for five lease areas in late 2022 during the first U.S. Pacific offshore wind sale, another area ripe for floating wind. Just last month ...