Canadian energy company Northland Power will not be submitting a bid to develop an offshore wind project off Kitty Hawk, North Carolina this March.
According to the company's spokesperson, Northland had registered to bid for the lease sale of the 122,405-acre area off Kitty Hawk some time ago, in order to preserve its option to bid.
''However, our intention was always to make the decision on whether or not to participate closer to the auction date,'' the spokesperson said.
The company did not reveal any concrete reasons for withdrawing from the bidding procedure.
Northland was one of nine companies which the US Bureau of Ocean Energy Management (BOEM) identified as legally, technically and financially qualified to compete for the rights to develop an offshore wind project in North Carolina.
The eight companies still in contention include Shell, Statoil, AVANGRID Renewables, Enbridge Holdings (Green Energy), Wind Future, Outer Banks Ocean Energy, PNE Wind USA, and wpd offshore Alpha.
The lease auction is scheduled for 16 March.
The Kitty Hawk lease area begins about 24 nautical miles from shore and extends 25.7 nautical miles in a general southeast direction.