Tag Archives: AVANGRID

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

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AVANGRID 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

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Avangrid (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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American Clean Power Association Statement on?Interior Completing Vineyard Wind Power Review

The American Clean Power Association (ACP) ?today issued the following statement?after?the U.S. Department of the Interior’s Bureau of Ocean Energy Management released the final environmental analysis for the Vineyard Wind offshore wind project. “By any measure, this is a breakthrough for offshore wind energy in the United States. Not even two months into a new Administration, years … Continue reading American Clean Power Association Statement on?Interior Completing Vineyard Wind Power Review

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Iberdrola achieves environmental green light for an offshore wind farm in the US

Iberdrola has received the final environmental impact statement for its ‘Vineyard Wind 1’ offshore wind farm, which with a capacity of 800 MW will be the first large-scale project of this technology in the United States. The declaration of the Office of Ocean Energy Administration (BOEM) for the wind power project with wind turbines is … Continue reading Iberdrola achieves environmental green light for an offshore wind farm in the US

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Iberdrola takes part in the New York wind power auction with its Liberty Wind offshore wind farm

The offer was put forward through its subsidiary Vineyard Wind and would mean putting 1,300 MW off offshore wind energy into operation. Iberdrola, through Vineyard Wind, has taken part with its Liberty Wind project in the second auction of wind power held by New York State. Specifically, this development would entail putting into operation a … Continue reading Iberdrola takes part in the New York wind power auction with its Liberty Wind offshore wind farm

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Iberdrola will supply wind energy to Nike

Iberdrola, through its subsidiary Avangrid, has launched the Karankawa wind farm, of 307 megawatts (MW) and located in the State of Texas (United States), with which the energy company will supply wind power to the ‘giant’ of Nike sportswear. This wind turbines project is part of the company’s strategy chaired by Ignacio Sánchez Galán, especially … Continue reading Iberdrola will supply wind energy to Nike

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Avangrid (Iberdrola) sell wind energy to CalChoice

Avangrid Renewables has announced three new power purchase agreements (PPAs) with the California Choice Energy Authority (CalChoice). CalChoice will buy the entire output of the 22.44 MW Mountain View III Wind Farm starting in 2021 on behalf of three of its members: Apple Valley Choice Energy, the Rancho Mirage Energy Authority and Lancaster Choice Energy. … Continue reading Avangrid (Iberdrola) sell wind energy to CalChoice

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Iberdrola plans to boost U.S. renewable power by about 50 percent

Ignacio Galán, Chairman of Iberdrola, has made some statements to journalist Scott DiSavino from Reuters regarding his attendance at the UN Global Compact Leaders Summit 2018 being held in New York.   Galán said the company expects to spend about $15 billion in the United States on its transmission and distribution system and increase its renewable … Continue reading Iberdrola plans to boost U.S. renewable power by about 50 percent

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Iberdrola enters the U.S. offshore wind market for the first time with an 800 megawatt macro-project

Vineyard Wind, a company owned 50% by Iberdrola (through its subsidiary Avangrid), has received authorisation from the Massachusetts Electric Distribution Companies (EDC) to build an offshore wind farm off the east coast of the United States. The wind farm will have an output of 800 megawatts (MW) and will be the first of Iberdrola’s large-scale … Continue reading Iberdrola enters the U.S. offshore wind market for the first time with an 800 megawatt macro-project

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GE’s Enhanced 2 MW-127 Turbine Selected for 2.9 Gigawatts of Projects in North America

GE Renewable Energy (NYSE: GE) today announced it secured commitments for 2.9 gigawatts (GW) of its variably rated 2.2 MW to 2.5 MW onshore wind turbine with a 127-meter rotor in North America. Some of the largest commitments are for projects with Invenergy, Lincoln Clean Energy, and Avangrid Renewables. Featuring the best-in-class capacity factor, the … Continue reading GE’s Enhanced 2 MW-127 Turbine Selected for 2.9 Gigawatts of Projects in North America

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AVANGRID Completes Three Additional New Wind Farms

Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE:AGR) began commercial operations at three new wind farms in recent weeks. More than 500 megawatts (“MW”) of new wind farms in California, New Mexico, and Colorado, all under long-term energy contracts, join the company’s U.S. fleet, which now includes 3,300 wind turbines across 22 states. The 131 … Continue reading AVANGRID Completes Three Additional New Wind Farms

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Google powers up with wind energy from Iowa, South Dakota, Oklahoma

Never one for small acts, Google recently announced that it will be buying a massive combined 536 megawatts (MW) of new wind capacity from four U.S. wind farms. Here are the details on Google’s latest deals: One 200 MW power purchase agreement (PPA) signed with EDF Renewable Energy for the entire output of the planned … Continue reading Google powers up with wind energy from Iowa, South Dakota, Oklahoma

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Google buys 536 MW from US wind energy

Google will buy 536 megawatts of wind power, adding to the company’s already large supply, making it the biggest corporate purchaser of renewable energy, according to a statement Thursday. Google also signed an agreement with EDF Renewable Energy for 200 MW from the Glaciers Edge Wind Project in Iowa, and with the Grand River Dam … Continue reading Google buys 536 MW from US wind energy

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Avangrid joins the offshore wind project, Vineyard Wind, off the coast of Massachusetts

Avangrid Renewables, subsidiary of Avangrid Inc. (a company of the Iberdrola Group), and Vineyard Wind have announced today a strategic partnership to develop a large-scale offshore wind power project. Vineyard Wind will be built off the coast of Massachusetts in the USA. Avangrid Renewables has acquired 50% of Vineyard Wind, the project’s promoter, from Copenhagen … Continue reading Avangrid joins the offshore wind project, Vineyard Wind, off the coast of Massachusetts

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Avangrid (Iberdrola) gets 50 percent stake in Atlantic wind farm project

A subsidiary of Avangrid has acquired an ownership stake in a company competing to develop wind farms off Martha’s Vineyard. Avangrid Renewables has purchased a 50 percent stake in Vineyard Wind, which is seeking to develop a wind farm in the Atlantic Ocean, about 15 miles south of Martha’s Vineyard. A Danish company, Copenhagen Infrastructure … Continue reading Avangrid (Iberdrola) gets 50 percent stake in Atlantic wind farm project

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Iberdrola wins bid to build offshore wind farm near North Carolina

The U.S.-based subsidiary of a Spanish utility company has offered $9 million in a bid to develop an offshore wind farm off the coast of Kitty Hawk, North Carolina. The Bureau of Ocean Energy Management (BOEM) will lease 122,405 acres offshore North Carolina to Avangrid Renewables, for development of a wind energy facility off Kitty Hawk.   The … Continue reading Iberdrola wins bid to build offshore wind farm near North Carolina

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First wind turbine of largest wind farm in southeast

The first turbine of the largest wind farm in the southeastern United States now stands above a Pasquotank County corn field. The other 103 planned for the approximately $400 million project will be built before the end of the year, said Paul Copleman, spokesman for Avangrid Renewables, formerly Iberdrola Renewables. The turbine will not provide … Continue reading First wind turbine of largest wind farm in southeast

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Iberdrola USA obtains all required approvals to close integration with UIL Holdings Corporation

AVANGRID, aims at leading the transformation of the U.S. energy industry towards a clean energy future. Iberdrola has announced to the Spanish Commission of the Stock Exchange (CNMV) that all of the conditions to complete the merger between Iberdrola USA and UIL Holdings Corporation have now been met. Following the approval of the deal by … Continue reading Iberdrola USA obtains all required approvals to close integration with UIL Holdings Corporation

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