October 6, 2024

Avangrid

Legislators Considering Bill to Replace Maine’s IOUs
The Maine PUC says a bill that would replace the state's two IOUs with a consumer-owned utility could frustrate grid modernization goals.
Revamped Texas PUC Faces ‘Heavy Lift’
Texas’ newest PUC commissioners conducted their first open meeting with a workload that included approving Avangrid's acquisition of PNM.
Renewables Boost Avangrid Q1 Earnings
Avangrid reported a 40% increase in its first-quarter profits, compared to the same period in 2020, buoyed by its renewables division.
FERC OKs Avangrid PNM Purchase
Avangrid moved closer to completing its acquisition of PNM Resources as FERC approved the deal, turning aside Farmington, N.M. protests.
Avangrid, Texas PUC Agree to TNMP Purchase
Texas regulators have reached a settlement with Avangrid in its $4.3 billion acquisition of PNM Resources, parent company of Texas-New Mexico Power.
Avangrid CEO Touts Renewable Energy Future
Avangrid touted its installation of nearly 620 MW of new wind projects last year and said it is poised to solidify its clean energy position in 2021.
Iberdrola
Avangrid to Acquire PNM Resources for $4.3B
Avangrid is poised to expand into the Southwest after announcing that it will spend $4.3 billion in cash to acquire PNM Resources.
NE Utilities Lay out Strategies for Net-zero Emissions
Representatives of three of the dominant utilities in New England briefed NECA members about their companies’ aggressive decarbonization efforts.
Avangrid Optimistic on NECEC, OSW
Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.
FERC OKs $450,000 Avangrid Penalty
FERC accepted a $450,000 settlement between the Northeast Power Coordinating Council and three Avangrid utilities for violations of operations standards.

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