Vineyard Wind, a New Bedford-based company already developing one large wind farm off the south coast of Martha’s Vineyard, was one of three companies that won the right to develop additional wind farms in a highly competitive auction of federal waters Friday.

The three companies each bid $135 million for the right to lease one of three areas totaling 390,000 acres in federal waters located some 20 miles off the Vineyard shoreline. The 132,370-acre area for which Vineyard Wind won the bid is the farthest offshore.

Vineyard Wind is a partnership between Avangrid Renewables and the Danish company Copenhagen Infrastructure Partners. Vineyard Wind itself has a partnership agreement with Vineyard Power, the Island-based energy cooperative, which provides local assistance and seeks to ensure the Island community benefits from wind projects in the region.

“We are really excited that our partners won another offshore lease,” said Richard Andre, president of Vineyard Power. “Our partnership is strong, and they are committed to listening to local communities.”

Other winning bidders Friday were Equinor Wind U.S. LLC, and Mayflower Wind LLC. Eleven companies competed in the bidding process over two days.

The total of $405 million for the three lots is nearly 10 times the previous bidding record for offshore waters, federal officials said.

By comparison, Vineyard Power and then partner MV Offshore bid $167,000 for a provisional lease for 166,886 acres a few miles closer to shore just three years ago.

Federal energy officials say the record bids signal a strong and growing market for wind energy.

“With bold leadership, faster, streamlined environmental reviews, and a lot of hard work with our states and fishermen, we’ve given the wind industry the confidence to think and bid big,” U.S. Secretary of the Interior Ryan Zinke said in a press release.

The winning developers will have nearly six years to test conditions and develop a construction plan. If the proposed wind farm passes a federal environmental review, then the developer will have a term of 33 years to build and operate the energy production facility.

The boom in wind farm development was created in part by state laws requiring energy distributors to purchase renewable energy.

A 2016 law passed by the state legislature and signed by Gov. Charlie Baker requires utility company to purchase 1,600 megawatts of alternative energy over the next decade.

If fully developed, the lots auctioned Friday could support 4.1 gigawatts of electricity, enough to power approximately 1.5 million homes.