AVANGRID Completes Three Additional New Wind Farms
13 January 2018 - 9:31AM
Business Wire
500 MW in Three States now Online
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.
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The 131 MW Tule Wind Farm in California, the 298 MW El Cabo Wind
Farm in New Mexico, and the 75 MW Twin Buttes II Wind Farm in
Colorado each represent a substantial investment in rural American
communities.
“Bringing jobs and economic development dollars during
construction is just the beginning of our long-term partnerships
with these communities,” said Avangrid Renewables President &
CEO Laura Beane. “While commercial operation marks the culmination
of years of teamwork with landowners, local leaders, and so many
supporters, we’ll continue to work hard to build on these
relationships, as our employees will live and work in these areas
for years to come.”
The Tule project in the McCain Valley of eastern San Diego
County features 57 GE wind turbines and supplies renewable energy
under a 15-year contract to Southern California Edison (SCE), an
Edison International company. The project is expected to deliver
more than $39 million in local and state tax benefits over 25
years. Project construction spent $18 million locally in 2017, and
put more than 21 local companies to work.
The El Cabo Wind Farm, in Torrance County about 90 miles east of
Albuquerque, features 142 Siemens Gamesa wind turbines, and also
supplies renewable energy to Southern California Edison. The
project is expected to deliver at least $60.5 million in lease and
PILOT money to the community over 25 years. Project construction
spent more than $15 million locally, peaked at roughly 450
construction workers, and employed more than 13 local
companies.
The Twin Buttes II Wind Farm consists of 36 Siemens Gamesa wind
turbines south of Lamar, near Avangrid Renewables’ existing Twin
Buttes Wind Farm. It will supply renewable energy under a 25-year
contract to Tri-State Generation and Transmission Association, Inc.
(Tri-State). The wind farm is expected to deliver approximately
$270,000 in local tax benefits and $250,000 in landowner lease
payments annually. Project construction spent approximately $5
million locally, and peaked at 227 construction workers.
Avangrid Renewables brought nearly 800 megawatts of renewables
online in 2017, also completing wind projects for the first time in
North Carolina and Vermont, as well as a solar project in Oregon,
while creating more than 800 full-time jobs during all of its
construction efforts.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a
diversified energy and utility company with approximately $32
billion in assets and operations in 27 states. The company owns
regulated utilities and electricity generation assets through two
primary lines of business, Avangrid Networks and Avangrid
Renewables. Avangrid Networks is comprised of eight electric and
natural gas utilities, serving approximately 3.2 million customers
in New York and New England. Avangrid Renewables operates more than
6 gigawatts of owned and controlled renewable generation capacity,
primarily through wind and solar, in 22 states across the United
States. AVANGRID employs approximately 6,800 people. For more
information, visit www.avangrid.com.
About Avangrid Renewables: Avangrid Renewables, LLC is
headquartered in Portland, Ore., and was formerly known as
Iberdrola Renewables, LLC. For more information, visit
www.avangridren.com.
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Avangrid RenewablesMichael A. West, Jr.,
203-499-3858Michael.West@avangrid.com
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