Dealing with an Unsolicited Offer - The Bank Account
M&A Auction Process
Dual Track Auctions for Distressed Companies – Interview with Rich Moche, Member, Mintz Levin
An article about offshore wind projects and some of the unique issues specific to the delivery of this type of project that are not typically addressed by existing standard form contracts. Originally published in PLC...more
The Japanese government released the results of the "Round 2" offshore wind auctions. Three separate consortia were announced the winners of three areas. Eyes are now on "Round 3" auctions in 2024. “Round 2” Auctions - ...more
BOEM held its first-ever auction for wind energy lease areas in the Gulf of Mexico on August 29, 2023. The three lease areas up for auction covered a combined 301,746 acres off the coast of Lake Charles, Louisiana, and...more
On July 21, 2023, the Bureau of Ocean Energy Management (BOEM) issued a Final Sale Notice (FSN) for offshore wind leases covering three areas on the Outer Continental Shelf (OCS) of the Gulf of Mexico (GOM). The auction will...more
The dust has settled on the Bureau of Ocean Energy Management’s (BOEM) first west coast auction for federal offshore wind lease areas. The California auction for the Morro Bay and Humboldt Call Areas brought an aggregate...more
The auction: First of its kind for five West Coast offshore lease areas - The US Bureau of Ocean Energy Management (BOEM), completed its first west coast offshore wind lease auction on Wednesday.1 The auction covered...more
On October 18, 2022, the Department of the Interior announced that the Bureau of Ocean Energy Management (“BOEM”) will hold an auction to sell five offshore wind energy leases in federal waters off the California coast, with...more
Offshore wind is in high demand, as evidenced by the US$4.37 billion in winning bids generated in the recent federal government auction of lease blocks in the New York Bight. On a per-acre basis, the provisional winners were...more
From February 23–25, 2022, the Bureau of Ocean Energy Management (BOEM) held a competitive auction for six lease areas in the New York Bight area off the coast of New York (NY) and New Jersey (NJ). After the first day of the...more
On January 12, 2022, the Bureau of Ocean Energy Management (BOEM) announced that it will hold a competitive auction for six lease areas (totaling roughly 488,000 acres) in the New York Bight area, which is off the coast of...more
On January 5, 2022, as part of the 2022 State of the State, New York Governor Kathy Hochul announced new investments and a plan to advance offshore wind energy development off the coast of New York. Governor Hochul announced...more
There have not been any auctions for offshore wind projects in Germany since 2018. Recently, the Federal Network Agency (Bundesnetzagentur) called for the 2021 auction round. It is the first of its kind auction based on the...more
1. Japan Preparing for Its First Offshore Wind Auction under the New Act - (1) Implementation of Offshore Renewable Energy Act As we reported in our Renewable Alert Letter 40, the Act of Promoting Utilization of Sea Areas...more
On January 31, 2019 the Mexican power regulatory entity - Centro Nacional de Control de Energia (“Cenace”) cancelled the fourth public bid for the purchase and sale of clean energy, capacity and clean energy certificates...more
This alert summarizes the outcome of the Third Joint Meeting and the future direction of discussion surrounding the selection of business operators for the promotion zones based on the proposal shared by the Secretariat of...more
Mexico's National Center for Energy Control (CENACE) on April 29, 2016, published its call to bid for the second long-term power auction in Mexico, seeking to award power purchase agreements (PPAs) of 15 to 20 years,...more
Mexico's National Center for Energy Control (CENACE) launched the first long-term power auction in the country's history in November 2015. The auction was mainly targeted to clean energy producers, with 73 percent of the...more
On November 24th, the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) announced that it would be auctioning off four commercial leases for the Wind Energy Area (WEA) south of Martha’s Vineyard on January...more
Last week, the Bureau of Land Management (BLM) published a proposed rule that could alter the landscape of future renewable energy development, particularly in the American West, home to much of the country’s prime solar and...more
On September 4, 2013, the Interior Department’s Bureau of Ocean Energy Management (“BOEM”) held its public auction of the first federal lease for an offshore wind energy site off the Mid-Atlantic coast....more
In an unexpected about face, BP has canceled the auction of its interest in 16 North American wind farms, a 2,600 MW portfolio valued by some at $1.5 billion. BP’s intent to spin off its wind assets was first announced in...more
In This Issue: Energy and Climate Debate; Congress; Administration; Department Of Agriculture; Department of Commerce; Department of Defense; Department Of Energy; Department Of Interior; Department Of Treasury;...more
On Tuesday, the Bureau of Ocean Energy Management announced that the first auction of leases of offshore wind areas will be held on July 31. Even though it now looks as though Cape Wind will eventually get to the finish...more