Avangrid
The Maine PUC says a bill that would replace the state's two IOUs with a consumer-owned utility could frustrate grid modernization goals.
Texas’ newest PUC commissioners conducted their first open meeting with a workload that included approving Avangrid's acquisition of PNM.
Avangrid reported a 40% increase in its first-quarter profits, compared to the same period in 2020, buoyed by its renewables division.
Avangrid moved closer to completing its acquisition of PNM Resources as FERC approved the deal, turning aside Farmington, N.M. protests.
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 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.
Avangrid is poised to expand into the Southwest after announcing that it will spend $4.3 billion in cash to acquire PNM Resources.
Representatives of three of the dominant utilities in New England briefed NECA members about their companies’ aggressive decarbonization efforts.
Avangrid expects to begin construction this year on the New England Clean Energy Connect transmission project despite a potential referendum in Maine.
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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