On June 11, 2021, the United States Bureau of Ocean Energy Management (BOEM) issued a Proposed Sale Notice (PSN), or the sale of commercial wind energy leases, on the Outer Continental Shelf in the New York Bight. The PSN opens a 60-day public comment period and, under the PSN BOEM, "proposes to offer for auction sale eight lease areas (Lease Areas), some created by subdividing the 2018 Call Areas, using a single factor ascending-bid auction." This Legal Update summarizes the eight lease areas and potential lease stipulations.
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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.
