Avangrid
Avangrid reported a year-over-year decrease in income but said a timely pause in its offshore wind projects saved it from write-offs that could have run into the billions.
Vineyard Wind 1 generated its first power for New England, sending about 5 MW of electricity to the grid via its interconnection point on Cape Cod.
Avangrid has pulled the plug on its proposed $8.3 billion acquisition of PNM Resources, as final approval for the deal remains tied up at the New Mexico Supreme Court.
Maine’s ethics watchdog has resolved alleged campaign finance law violations surrounding the controversial New England Clean Energy Connect project.
Avangrid's $615,000 penalty stems from violations of NERC's facility ratings standards.
The Connecticut Department of Energy and Environmental Protection launched two new clean energy solicitations Oct. 27.
The 806-MW project’s construction is about 60% complete, with the offshore substation, 15 array cables, 25 monopiles and two turbines already installed.
Several generation companies have submitted comments supporting and opposing a proposed settlement to reduce the $1.8 billion PJM assessed against market sellers for underperforming during Winter Storm Elliott by 23%.
Avangrid announced an agreement with two Connecticut electric distribution companies to terminate power purchase agreements for its Park City Wind proposal, the latest in a series of setbacks for offshore wind in New England.
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