Meta to Power Texas Datacentre with 240 MW Solar Energy from Avangrid

Iberdrola-owned renewable energy firm Avangrid has announced that it has signed a power purchase agreement (PPA) with social media platform Meta that will procure renewable energy from 240 MW True North Solar Farm. Avangrid held that the solar farm is currently under development in Falls County, Texas. It is also the first solar facility of […]

Read more

USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio

Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […]

Read more

Vineyard Wind Raises $2.3 B for 800 MW Wind Project in Atlantic Ocean

Vineyard Wind, a joint venture between Avangrid Renewables, a subsidiary of AVANGRID, and Copenhagen Infrastructure Partners (CIP), has achieved financial close for its first project, raising $2.3 billion of senior debt for the construction of an 800 MW offshore wind farm in U.S. federal waters in the Atlantic Ocean. Nine international and U.S. based banks helped […]

Read more

AVANGRID Offshore Wind JV Vineyard Wind 1 Achieves Key Regulatory Milestone

AVANGRID, Inc. confirmed today that the U.S. Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for Vineyard Wind 1. The issuance of the FEIS is the final step before a Record of Decision (ROD) from BOEM, the last approval required for construction on the project to begin. The project […]

Read more

Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […]

Read more

Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million

Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […]

Read more

AVANGRID Becomes 3rd Largest US Wind Operator, Added 831 MW 2019

AVANGRID has reported that it is the third-largest US wind operator as it commissioned 831 MW of new wind projects in 2019. AVANGRID, inc recently released its 2019 Sustainability Report as it pledged to intensify its investments in a smarter, cleaner energy future throughout the pandemic crisis and beyond. The company reported that it is […]

Read more

Avangrid to Develop Oregon’s Largest Solar Farm; Inks 15 Yr PPA with PGE

Oregon-based fortune 1,000 public utility Portland General Electric (PGE) has entered into a power purchase agreement (PPA) with Avangrid Renewables, an arm of Avangrid Inc., to buy electricity generated through solar power. As per the 15 year deal, the company will purchase power generated from a new 162 MW solar facility. Avangrid Renewables will develop […]

Read more