U.S. Offers Wind-Power Leases Offshore Three Atlantic States

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The Obama administration will offer leases next year for wind-energy development off the coasts of Massachusetts, Rhode Island and Virginia, the Interior Department said.

The agency, which oversees energy development in federal waters more than 3 miles from shore, set aside 277,550 acres divided into two wind-energy areas on the outer continental shelf, according to a statementBloomberg Terminal today. The two areas are estimated to support more than 4,000 megawatts of wind power, enough for 1.4 million homes, Interior said.