Tag Archives: AVANGRID

Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it is approaching 10.5 Gigawatts (GW) in installed energy generating capacity spread across the Company’s portfolio. With assets in 24 states and growing, Avangrid’s generating capacity is capable of powering about 3.1 million average U.S. homes. “With Americans across the … Continue reading Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity

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Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI revolution, and actively working to bring more reliable electricity generation online to support growing demand. According to a December report from the U.S. Department of Energy, data center … Continue reading Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth

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Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power, Inc. (AMP) for a portion of the energy produced from Avangrid’s Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable … Continue reading Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm

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Iberdrola builds its sixth photovoltaic installation in the state of Oregon, in the United States

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), are announcing the signing of a Power Purchase Agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, Oregon, in collaboration with QTS … Continue reading Iberdrola builds its sixth photovoltaic installation in the state of Oregon, in the United States

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Iberdrola completes merger with Avangrid

Iberdrola today completed its merger with US subsidiary Avangrid after acquiring the 18.4% of the shares it did not already control. Avangrid shareholders will receive $35.75 per share, and the company will be delisted from the New York Stock Exchange. The operation was completed after the green light was given by the Federal Energy Regulatory … Continue reading Iberdrola completes merger with Avangrid

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Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Photovoltaic Solar Project in Oregon

Developed by Avangrid and now under construction, the Tower Solar project will deliver energy to Portland General Electric’s Green Future Impact program, creating over 200 jobs and local economic benefits to Morrow County. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), … Continue reading Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Photovoltaic Solar Project in Oregon

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Avangrid completes installation of 105,000 solar modules at its first photovoltaic plant in California

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the final solar modules at its Camino Solar project in California. The Company installed about 105,000 modules over the past four months. “This is great progress for our first solar energy project in California, … Continue reading Avangrid completes installation of 105,000 solar modules at its first photovoltaic plant in California

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Iberdrola wins two areas in the Gulf of Maine to develop 3.4 GW of offshore wind power

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has secured two lease areas in the auction of sites for offshore wind development in the Gulf of Maine held by the federal Bureau of Ocean Energy Management (BOEM). Avangrid was named provisional winner of lease areas … Continue reading Iberdrola wins two areas in the Gulf of Maine to develop 3.4 GW of offshore wind power

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Avangrid shareholders approve Iberdrola’s takeover of the company

During their Annual General Meeting,Avangrid shareholders approved Iberdrola’s acquisition of 18.4% of Avangrid’s share capital through a merger operation. The transaction received overwhelming support from the company’s shareholders: The acquisition, which began in March, will result in Avangrid being delisted from trading on the US stock exchange. The operation will see the company chaired by Ignacio Galán … Continue reading Avangrid shareholders approve Iberdrola’s takeover of the company

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Avangrid’s New England Wind 1 Project Selected by Massachusetts In Offshore Wind Solicitation

New England Wind 1 to Provide 791 Megawatts of Clean, Reliable Offshore Wind Power to Massachusetts by 2029, Advancing Critical State Climate Targets. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has been awarded 791 Megawatts (MW) by the Commonwealth of Massachusetts in the multi-state … Continue reading Avangrid’s New England Wind 1 Project Selected by Massachusetts In Offshore Wind Solicitation

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Iberdrola secures 791 MW of offshore wind power in the United States

Iberdrola has announced that its US subsidiary, Avangrid, has been awarded a contract to build a large-scale offshore wind farm in the State of Massachusetts. This new facility, called ‘New England Wind 1’, will have a capacity of 791 megawatts (MW) and will supply energy to more than 400,000 homes, becoming a key project for … Continue reading Iberdrola secures 791 MW of offshore wind power in the United States

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Statkraft to purchase energy from Avangrid’s 35 MW Casselman wind farm in Somerset County, Pennsylvania

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a short-term Virtual Power Purchase Agreement (VPPA) for energy from Avangrid’s 35 MW Casselman wind farm in Pennsylvania. This marks the second such deal between the two … Continue reading Statkraft to purchase energy from Avangrid’s 35 MW Casselman wind farm in Somerset County, Pennsylvania

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Iberdrola exceeds 9,000 MW of wind power and photovoltaic in the United States

Through its wind and photovoltaic (PV) facilities, the company supplies sustainable energy to more than 2.3 million American families, a population close to the entire population living in rural areas of Spain.In total, with more than 75 solar and wind projects in 22 states, it is one of the three largest companies in the country … Continue reading Iberdrola exceeds 9,000 MW of wind power and photovoltaic in the United States

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Iberdrola receives federal authorization for an offshore wind power plant in the United State

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received full federal approval of the Construction and Operations Plan (COP) for the New England Wind 1 and 2 offshore projects. The approval of the COP follows the favorable Record of Decision (ROD) issued by … Continue reading Iberdrola receives federal authorization for an offshore wind power plant in the United State

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ACP Statement on Key Milestone for New England Wind 1 & 2 Projects

The American Clean Power Association (ACP) released the following statement from Anne Reynolds, ACP Vice President for Offshore Wind, after the Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Avangrid’s New England Wind 1 and 2 offshore projects located 20 miles south of Martha’s Vineyard, Massachusetts:  “This is another … Continue reading ACP Statement on Key Milestone for New England Wind 1 & 2 Projects

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Iberdrola and Avangrid reach an agreement to acquire 100% of the American company

Iberdrola has today signed an agreement to acquire the 18.4% minority stake in its US subsidiary Avangrid, which it previously did not own. The Board of Directors of Avangrid has approved the transaction, following the recommendation of a committee made up entirely of independent directors that has been delegated the authority to oversee this operation … Continue reading Iberdrola and Avangrid reach an agreement to acquire 100% of the American company

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Avangrid Announces Construction of its Fifth Wind Farm in Illinois

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the construction of what will be the company’s fifth wind farm in Illinois. Osagrove Flats, located in La Salle County, will include 34 wind turbines with a total capacity of 153 MW. “Avangrid has a long track record … Continue reading Avangrid Announces Construction of its Fifth Wind Farm in Illinois

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Iberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid

Iberdrola has launched an offer to acquire 18.4% of the capital of its US subsidiary, Avangrid. As reported by the company to the National Securities Market Commission (CNMV), the company is offering $34.25 per share, which represents a premium of approximately 10% compared to the weighted average share price of the last 30 days. Currently, … Continue reading Iberdrola launches an offer to acquire 18.4% of its US subsidiary Avangrid

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Bureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrid’s New England Wind Lease Area

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area. The FEIS represents a significant permitting milestone that brings the project closer to full federal … Continue reading Bureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrid’s New England Wind Lease Area

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Avangrid’s Fourth Wind Farm in Illinois Achieves Commercial Operation

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced Midland Wind has achieved commercial operation. The 106 MW wind farm located in Henry County is the company’s fourth wind farm in Illinois, bringing total capacity in the state to more than 600 MW. “We are proud to … Continue reading Avangrid’s Fourth Wind Farm in Illinois Achieves Commercial Operation

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