US renewable project developer RES America Developments has reached an agreement to transfer an offshore wind development lease off the coast of New Jersey (United States) to Danish energy group DONG Energy.
In November 2015, the Bureau of Ocean Energy Management (BOEM) of the United States selected RES America Developments for lease area OCS-A 0498 (160,480 acres or 649 km²), an area which could accommodate more than 1,000 MW to be built after 2020. RES has applied to the BOEM to transfer its rights to this area to DONG Energy.
In 2014, RES and DONG Energy agreed to cooperate on offshore wind projects in New Jersey (and Massachusetts). Under that agreement, and subject to the approval of the BOEM, DONG Energy will take over the lease and RES will provide support through project development services. In 2015 RES struck a similar agreement transferring to DONG Energy its Massachusetts OCS Lease.
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