California recently enacted two laws—the Offshore Wind Expediting Act (SB 286) and the California Offshore Wind Advancement Act (AB 3)—to accelerate the development of offshore wind energy that could have significant implications for the industry and its stakeholders. The new laws aim to streamline the offshore wind permitting process, promote collaboration among state agencies and interested parties, and support the development of a seaport readiness strategy and in-state manufacturing goals.

This Legal Update summarizes some of the key provisions of the new laws and practical takeaways for investors and other stakeholders interested in pursuing offshore wind opportunities in California.

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