True North Solar Project Achieves Construction Milestone with Delivery of Main Power Transformers
06 Fevereiro 2024 - 2:28PM
Business Wire
Avangrid’s first solar farm in Texas, project
will supply renewable energy to Meta’s upcoming data center in
neighboring Temple
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and member of the Iberdrola Group, today announced that it has
delivered and installed both Main Power Transformers at its True
North solar project, marking a major milestone for the company’s
first solar farm in Texas. Module and racking system installation
also continues to progress on site as overall project construction
remains on schedule.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240206282660/en/
Delivery of Main Power Transformers
(Photo: Business Wire)
“We are thrilled to see construction at True North progressing
smoothly as we reach this major milestone, despite several
challenges facing the solar market,” said Pedro Azagra, Avangrid
CEO. “True North will be our largest solar project once complete,
and represents Avangrid’s unwavering commitment to accelerating a
clean energy transition.”
True North, a 240 MWac (321 MWdc) solar farm in Falls County,
will supply clean, renewable energy in support of Meta’s net zero
commitment, including supporting its upcoming data center in
neighboring Temple, their second data center facility in Texas,
with 100% renewable energy.
True North will be Avangrid’s first solar farm in Texas. During
its construction and operation, the project is creating local jobs
to support the surrounding community. It is expected to pay over
$40 million in property taxes over 25 years in the state, in which
the company already operates more than 1,200 MW of onshore wind
facilities.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be
the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $42 billion in
assets and operations in 24 U.S. states, Avangrid has two primary
lines of business: networks and renewables. Through its networks
business, Avangrid owns and operates eight electric and natural gas
utilities, serving more than 3.3 million customers in New York and
New England. Through its renewables business, Avangrid owns and
operates a portfolio of renewable energy generation facilities
across the United States. Avangrid employs more than 7,500 people
and has been recognized by JUST Capital in 2021, 2022, 2023 and
2024 as one of the JUST 100 companies – a ranking of America’s best
corporate citizens. In 2024, Avangrid ranked first among utilities
and 12 overall. The company supports the U.N.’s Sustainable
Development Goals and was named among the World’s Most Ethical
Companies in 2023 for the fifth consecutive year by the Ethisphere
Institute. Avangrid is a member of the group of companies
controlled by Iberdrola, S.A. For more information, visit
www.avangrid.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240206282660/en/
Keaton Thomas Keaton.thomas@avangrid.com 503-956-9621
Avangrid (NYSE:AGR)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Avangrid (NYSE:AGR)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024