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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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
Continue readingAvangrid (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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