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December 19, 2024

Avangrid

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Tx Developers Pitch Mass. Clean Energy Bids
Representatives of companies that submitted clean energy tx projects made pitches at Raab Associates’ New England Electricity Restructuring Roundtable.
Hydro-Québec Dominates Mass. Clean Energy Bids
Hydro-Québec and various partners submitted six separate proposals to meet Massachusetts’ call for 9.45 TWh a year of renewable generation.
Rates, Renewables Boost Avangrid Q2 Earnings
Avangrid earned $120 million in the second quarter, up 17% because of new rate plans, improved cost management and increased renewable energy production.
Avangrid Q1 Net Income up 13% on NY, Conn. Rate Hikes
Avangrid reported consolidated net income of $239 million ($0.77/share), compared with $212 million ($0.69/share) for the same period in 2016.
Avangrid Renewables CEO Steps Down to Take NW Natural Role
Avangrid Renewables CEO Frank Burkhartsmeyer is resigning to take over as chief financial officer for Oregon-based natural gas service provider NW Natural.
Third Quarter is a Charm for RTO Insider Top 30
The third quarter was a good one for the RTO Insider Top 30, as companies reported a 4% increase in revenues over a year earlier and a 22% increase in net income.
Farm Family Wins Long Fight over Substation, Tx Lines
A Rochester-area farm family scored unusual concessions when New York regulators approved a plan for a substation and transmission lines that removed previously approved facilities from their property.
NY Transco Chief: Tx Buildout ‘A Marathon, not a Sprint’
Speaking at IPPNY’s fall conference, New York Transco President Stuart Nachmias said the state's ambitious transmission development plan will not be implemented quickly.
Companies Dispute FERC Ruling on Crisis Contracts
Iberdrola struck back at a FERC judge’s ruling on their energy crisis supply contract that could subject the company to more than $370 million in penalties.
FERC Approves ISO-NE FCA 1 Refund Plan
ISO-NE will issue more than $20 million in refunds to resources that were prevented from reducing their capacity offers in FCA 1.

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