Sustainable energy company AVANGRID Inc. continues to strengthen its presence in the U.S. renewable energy industry with two new solar farms under construction in Texas and Ohio. Combined, the projects will generate 523.5 MW of power to these states.
“With solar projects like True North and Powell Creek, we are strengthening our mission of helping the U.S. meet its ambitious clean energy goals,” said Pedro Azagra, CEO of AVANGRID. “These solar farms, and many more throughout the U.S., will also boost local economies by creating quality jobs while providing clean, affordable and renewable energy for business and communities.”
True North, under development in Falls County, Texas, and AVANGRID’s first solar project in this state, will generate 321 MW of renewable energy once it reaches commercial operations by early 2025. During its construction and operation, the project will create more than 200 local jobs and is expected to pay more than $40 million in property taxes over 25 years in the state, where the company already operates more than 1,250 MW of onshore wind facilities.
Powell Creek, a 202.5 MW solar farm under construction in Putnam County, Ohio, is expected to generate clean energy equivalent to power more than 30,000 homes per year and will create up to 400 jobs during its construction process. Additional local revenue to communities resulting from this project exceeds $38 million over the life of the facility.
AVANGRID operates more than 8.6 GW of installed renewable capacity in the United States. In total, the company has a pipeline of more than 25 GW under development, encompassing solar, onshore wind, offshore wind and battery energy storage.
Part of the Iberdrola Group and headquartered in Orange, Connecticut, AVANGRID employs more than 7,500 people and has approximately $41 billion in assets and operations in 24 U.S. states. The company 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, the company owns and operates a portfolio of renewable energy generation facilities across the United States.