Tag: auctions

Germany auctions North Sea wind farm rights for €3 billion

Offshore wind turbines are located at the Arcadis Ost 1 wind farm off the island of Ruegen in the Baltic Sea. Stefan Sauer/dpa Germany’s Federal Network Agency has auctioned off the rights for the construction of two wind farms in the North Sea for just over €3 billion ($3.2 billion). The contracts concern two areas […]

US Treasury sets $492 million minimum price for airline warrants auctions

By David Shepardson WASHINGTON (Reuters) – The U.S. Treasury Department has set a minimum of $492 million in total it is seeking in next week’s auctions to sell warrants to purchase shares in U.S. airlines the government received in exchange for COVID-19 assistance. Congress approved $54 billion in COVID-19 air carrier bailouts in 2020 and […]