Avangrid (Iberdrola) entered into a power purchase agreement (PPA) with Amazon, marking a significant step in both companies’ renewable energy strategies. The PPA belongs to the Amazon Wind Farm Oregon – Leaning Juniper IIA, located in Gilliam County, which will provide Amazon with 98.4 megawatts (MW) of wind energy. The general director of Avangrid, Pedro … Continue reading Avangrid and Amazon sign agreement for wind energy in Oregon
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Iberdrola starts commissioning Vineyard Wind I, the largest offshore wind farm in the U.S.
Iberdrola has started to commission the Vineyard Wind I offshore wind farm – the first large-scale project of this technology in the United States. The facility, with 806 MW of capacity, has already begun to supply green energy to Massachusetts, a state that will be supplied with wind energy to more than 400,000 homes – … Continue reading Iberdrola starts commissioning Vineyard Wind I, the largest offshore wind farm in the U.S.
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CIP and Avangrid Announce First Power from Vineyard Wind 1
Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, … Continue reading CIP and Avangrid Announce First Power from Vineyard Wind 1
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Avangrid Completes Installation of First Five Wind Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project
Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project Developer working toward first delivery of clean energy to 30,000 homes and businesses from first large-scale offshore wind farm in the United StatesOnce fully operational, Vineyard Wind 1 will deliver 806 Megawatts, enough to power 400,000 homes … Continue reading Avangrid Completes Installation of First Five Wind Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project
Continue readingCIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.
Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Vineyard Wind 1 project closed a first-of-its-kind tax equity package for commercial-scale offshore wind with three US-based banks. The $1.2 billion dollar investment transaction … Continue reading CIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.
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Avangrid (Iberdrola), CIP Announce Successful Installation of the First Wind Turbine
GE Haliade-X Is First of 62 Wind Turbines for First-in-the-Nation Project that Will Power More than 400,000 Homes and Businesses in Massachusetts. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, today announced that that the Vineyard … Continue reading Avangrid (Iberdrola), CIP Announce Successful Installation of the First Wind Turbine
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Avangrid develops Artificial Intelligence to maintain maximum grid quality
Iberdrola, through its US subsidiary Avangrid, has launched a Data Science and Analytics team to develop unique and proprietary Artificial Intelligence (AI) systems that will focus on improving the reliability of its grid and maintaining the highest quality standards for its customers. Once completed, these machine learning models will change the way the company approaches … Continue reading Avangrid develops Artificial Intelligence to maintain maximum grid quality
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Construction of a photovoltaic plant starts in Texas to supply solar power to Facebook
Iberdrola’s US subsidiary Avangrid has begun construction of the 240 MW True North photovoltaic plant in Falls County (Texas). It will supply clean, renewable energy to power the operations of Meta, the parent company of the social network Facebook, in the region. Since 2020, Meta’s global operations have been supported by 100% renewable energy. The … Continue reading Construction of a photovoltaic plant starts in Texas to supply solar power to Facebook
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Iberdrola finished its first substation for offshore wind power in the United States
Avangrid (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has unveiled the country’s first offshore wind substation at its Vineyard Wind 1 project, the first large-scale offshore wind farm in the U.S. The company was joined by key stakeholders to offer an exclusive first look at the new substation and … Continue reading Iberdrola finished its first substation for offshore wind power in the United States
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Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October
The Vineyard Wind 1 project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is set to begin generating clean wind power by mid-October. The first-of-its-kind offshore wind project in the United States is expected to be fully operational by next year. Originally, project officials projected that the project would start generating cleaner energy by … Continue reading Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October
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Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
News Back 20/07/2023 Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting Ignacio Galán, Executive Chairman of Iberdrola, during the Avangrid 2023 Annual Shareholder Meeting. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that shareholders overwhelmingly approved all presented proposals at … Continue reading Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
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Avangrid strengthens support for energy innovation by extending collaboration with Yale
AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale
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Ingeteam signs its first contract for a photovoltaic plant with Avangrid, a subsidiary of Iberdrola in the USA
Ingeteam has signed its first contract with AVANGRID, a subsidiary of Iberdrola in the USA, for the supply of power electronics technology for a photovoltaic plant. The Powell Creek project is located in the county of Putnam, Ohio. With an area of 546 hectares and an output of 183 MVA, the new plant is expected … Continue reading Ingeteam signs its first contract for a photovoltaic plant with Avangrid, a subsidiary of Iberdrola in the USA
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Iberdrola to support Meta’s operations in Texas with new 321 MW solar farm
The project will supply clean, renewable energy to power Meta’s operations in the region AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 321 MWdc (240 MWac) solar farm … Continue reading Iberdrola to support Meta’s operations in Texas with new 321 MW solar farm
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Avangrid (Iberdrola) asks to back out of offshore wind contracts for offshore wind farm Martha Vineyard
Avangrid had been trying to renegotiate contracts for its 1,200-megawatt Commonwealth Wind power project to no avail. According to Iberdrola, the new installation is presented as a “key” project for the United States to reach the goal of reaching 30,000 MW of offshore wind capacity by 2030. The US subsidiary of Iberdrola (BME:IBE), Avangrid, announced … Continue reading Avangrid (Iberdrola) asks to back out of offshore wind contracts for offshore wind farm Martha Vineyard
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Iberdrola awarded PPA for Commonwealth Wind, a US offshore wind farm with over $4 billion investment
Ignacio Galán: “Commonwealth Wind will power hundreds of thousands of homes and businesses in Massachusetts with clean energy, creating thousands of local jobs across the supply chain. It will also be a key project in helping the U.S. to achieve the 30.000 MW offshore wind target by 2030”. The facility will have 1,232 MW capacity … Continue reading Iberdrola awarded PPA for Commonwealth Wind, a US offshore wind farm with over $4 billion investment
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Vineyard Wind secures $2.3 bln loan
Vineyard Wind, which is on track to be the first major U.S. offshore wind farm, closed on a $2.3 billion loan and will begin construction in Massachusetts as soon as this week, the project’s developer said on Wednesday. The senior debt financing allows the project, a joint venture between Avangrid Inc and Copenhagen Infrastructure Partners, … Continue reading Vineyard Wind secures $2.3 bln loan
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AVANGRID, Iberdrola’s controlled subsidiary in the U.S., has issued a capital increase of $4,000 million
AVANGRID will issue an aggregate of $4,000 million of common stock in a private placement transaction at $51.40 per share, the closing price as of 11th May 2021. Iberdrola will subscribe $3,260 million proportionally to its current 81.5% participation and Qatar Investment Authority (“QIA”) will subscribe the additional $740 million acquiring approximately 3.7% of AVANGRID … Continue reading AVANGRID, Iberdrola’s controlled subsidiary in the U.S., has issued a capital increase of $4,000 million
Continue readingAVANGRID Offshore Wind Energy Joint Venture Makes History With Federal Approval
BOEM issues favorable Record of Decision for Vineyard Wind 1, the first commercial-scale offshore wind power project in the U.S. 800 MW wind farm to create thousands of jobs and cut carbon emissions by 1.6 million tons annually. Vineyard Wind to break ground in 2021 and begin delivering clean electricity to Massachusetts in 2023. AVANGRID, … Continue reading AVANGRID Offshore Wind Energy Joint Venture Makes History With Federal Approval
Continue readingAvangrid (Iberdrola) expects the approval of its Vineyard wind power plant in 2023
Avangrid executives say they expect federal regulators to issue a final decision on the Vineyard Wind offshore wind plan in coming days, and to be sending energy into Massachusetts in 2023 with the first truly utility-scale U.S. project. In its 50/50 venture with Copenhagen Infrastructure Partners, Avangrid has secured all major contracts for construction, including … Continue reading Avangrid (Iberdrola) expects the approval of its Vineyard wind power plant in 2023
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