Laura Morton Quoted in Law360—Lease Jackpot Signals Bullish Outlook For US Offshore Wind

Partner Laura Morton was quoted in "Lease Jackpot Signals Bullish Outlook For US Offshore Wind," an article in Law360,* regarding the record-breaking sale of federal leases off the New York and New Jersey coasts, the strongest sign yet that the offshore wind industry has a firm U.S. foothold. Indicating that developers will eagerly opening their wallets for other federal waters the government plans to auction.

"The offshore industry, the funders in the market writ large, are looking at the way that the Biden administration and BOEM are approaching the process and I think it just gives them ... confidence that they know the trajectory," said Perkins Coie LLP partner Laura Morton, who previously handled offshore wind issues for industry group American Clean Power.

"I've been in this business a really long time, and to see this result ... and the number of competitors for this auction is astounding," Laura said. "I'm really interested to see how the other ones unfold."

*Subscription-based publication