Avangrid Joins Forces with Navajo Tribal Utility Authority for 1 GW of Clean Energy Projects Updated On Wed, Apr 19th, 2023 by Saurenergy American clean energy firm Avangrid and the Navajo Tribal Utility Authority (NTUA) have entered into an agreement for the development of up to 1 GW of clean energy in the US. The projects in green energy are to be set up in the Navajo Nation in New Mexico and Arizona. NTUA claims to be the […] Read more
Meta to Power Texas Datacentre with 240 MW Solar Energy from Avangrid Updated On Wed, Mar 22nd, 2023 by Saurenergy 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 Updated On Thu, Mar 16th, 2023 by Saurenergy 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 Updated On Fri, Sep 17th, 2021 by Saurenergy 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 Updated On Wed, Mar 10th, 2021 by Saurenergy 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 Updated On Fri, Oct 23rd, 2020 by Saurenergy 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 Updated On Wed, Jul 29th, 2020 by Saurenergy 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 Updated On Fri, May 1st, 2020 by Saurenergy 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 Updated On Wed, Feb 12th, 2020 by Saurenergy 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
