By Michael Dabaie

A joint venture between Shell and EDP Renewables said Friday it won an offshore wind auction to develop a block off the coast of Massachusetts.

Mayflower Wind Energy LLC, a 50/50 joint venture between EDPR Offshore North America LLC and Shell New Energies US LLC, was the provisional winner of block 0521 in Friday's offshore wind auction hosted by the Bureau of Ocean Energy Management.

Mayflower bid $135 million for the exclusive rights to develop the federal commercial wind energy lease on the Outer Continental Shelf located off the coast of Massachusetts.

Once constructed, the lease area could accommodate a total generation capacity of approximately 1.6 gigawatts, enough to power more than 680,000 average Massachusetts homes with clean electricity each year, the company said.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

December 14, 2018 15:30 ET (20:30 GMT)

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