AVANGRID Offers Bids for New England’s Clean Energy Future
Proposals would Stabilize Energy Costs, Create Jobs and Cut Emissions
AVANGRID, Inc. has responded to Massachusetts’ call to bring more clean energy to the New England power grid by submitting
several proposals in which some are sole ownership and some are joint partnerships.
The company and its affiliates, including Avangrid Networks and Avangrid Renewables, have submitted these proposals in response
to the Massachusetts Clean Energy RFP, which seeks projects that will support the commonwealth’s mandate to significantly increase
access to energy from renewable sources such as wind and solar.
“We’re excited about this opportunity to expand AVANGRID’s role in the region’s clean energy future. These cost-effective
projects will provide all the benefits of clean, renewable energy while helping to stabilize electricity costs, create jobs and
reduce greenhouse gas emissions that contribute to global warming,” said James P. Torgerson, AVANGRID’s CEO. “We expect our
proposals to be highly competitive, given our extensive experience in development of renewable generation across the United States,
and in building and operating transmission and distribution grids in the Northeast.”
AVANGRID is the parent company of Avangrid Renewables, which owns and controls more than 6 gigawatts of renewable generation
capacity in 22 U.S. states. Its Avangrid Networks line of business comprises eight electric and natural gas utilities, serving
approximately 3.2 million customers in New York and New England.
The Massachusetts Clean Energy RFP is the outgrowth of a state law mandating that the state’s utilities procure 9.45
terawatt-hours of clean, Class 1 renewable energy through long-term contracts.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a diversified energy and utility company with more than $31 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.
Media:
AVANGRID, Inc.
Michael A. West, Jr., 203-499-3858
Michael.West@avangrid.com
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