Avangrid Inc.
Company description
Avangrid is a sustainable energy company operating primarily in the USA. It is a diversified energy company that operates in various segments of the energy industry, including renewable energy, electric and gas utilities, and energy services. It is a significant player in the renewable energy sector, with a focus on wind and solar power. The company develops, owns, and operates renewable energy projects across the USA. Avangrid owns and operates electric and gas utilities, providing services to customers in several states. These utilities deliver reliable energy to residential, commercial, and industrial customers. Avangrid, Inc. is part of the Iberdrola Group, a global energy company headquartered in Spain and one of the utility companies in the world.
Company details
Participation in projects
Projects as Project Owners per Country ()
Projects as Project Owners per Subsector ()
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The company has not participated in any projects.
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Company updates
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April 11, 2024
Construction begins at 57 MW Solar project in USA
Avangrid, Inc., a member of the Iberdrola Group, announced that construction is now underway at the 57 MWdc/44 MWac Camino Solar Project in Kern County, California, USA.
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March 07, 2024
Iberdrola launched offer to acquire 18.4% of its US subsidiary Avangrid
Spanish utility Iberdrola has submitted a non-binding offer to buy the remaining 18.4% of its US subsidiary Avangrid for US$2.5 billion, aimed at taking over the entire company. Iberdrola currently o...
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February 23, 2024
Avangrid announced first power from 806 MW Offshore wind farm in USA
Avangrid, Inc. and Copenhagen Infrastructure Partners (CIP) announced that power from the 806 MW Vineyard Wind project located off the coast of Massachusetts, USA was delivered to ...
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January 29, 2024
Avangrid Announces First Onshore Wind Project in Oklahoma
Avangrid, Inc. has announced its first renewable energy project, a 147.5 MW wind farm with 33 turbines in Pontotoc County, Oklahoma, USA. Pontotoc Wind is anticipated to produce approximately 500,000...
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January 04, 2024
US$4.3 billion merger between Iberdrola, Avangrid, and PNM Resources blocked
Spain's Iberdrola has terminated its US$ 4.3 billion agreement to acquire Albuquerque-based utility PNM Resources. The agreement was contingent on regulatory approval, and the New Mexico Public Regul...
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October 30, 2023
USD 1.2 Billion Tax equity financing secured for Vineyard Wind 1 offshore wind project
JP Morgan Chase, Bank of America and Wells Fargo have provided US$1.2 billion in tax equity financing for the Vineyard Wind 1 offshore wind farm in Massachusetts, USA. V...
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October 16, 2023
Avangrid terminated PPA for 804 MW Offshore wind farm in USA
Avangrid and the Connecticut Electric Distribution Companies have agreed to terminate power purchase agreements (PPAs) for the 804 MW Park City Wind offshore project in Connecticut, USA.
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August 25, 2023
Avangrid plans to develop 57 MWdc solar PV project in California
Avangrid has announced its plans to construct the 57 MWdc (44 MWac) Camino Solar project in California, USA. The solar facility will be situated in Kern County, adjacent to Avangrid's existing Manzana...
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August 02, 2023
Avangrid completes installation of Vineyard Wind 1 offshore substation in Massachusetts
Avangrid has completed the installation of the offshore substation at its 800 MW Vineyard Wind 1 offshore wind project located off the coast of Massachusetts, in the northeast of the USA.&nb...
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July 28, 2023
Avangrid starts construction of 240 MW True North Solar Farm in Texas
Avangrid has started the construction of the 240 MW AC True North solar photovoltaic project located in Falls County, Texas, USA. True North, Avangrid’s first solar farm in Texa...
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