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02/09/2024

Avangrid and Amazon Expand U.S. Partnership with 98.4 MW Wind Project in Oregon

Avangrid and Amazon Expand U.S. Partnership with 98.4 MW Wind Project in Oregon

The wind farm will produce enough power for 22,800 homes each year

PORTLAND, Ore. — Feb. 9, 2024 — Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW.
“We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the global transition to renewable energy,” said Pedro Azagra, Avangrid CEO. “With projects like this, we are not only supporting Amazon’s climate goals, but creating jobs and contributing to local communities.”

“Amazon is excited to announce our first utility-scale renewable energy project in Oregon,” said Abhishek Sharma, Head of Energy Strategy for Amazon Web Services (AWS). “The project adds to the 2 gigawatts of renewable energy capacity Amazon has already enabled across the western U.S. grid. This has contributed to Amazon being the world’s largest corporate purchaser of renewable energy for four years running, and will help Amazon remain on a path to utilizing 100% renewable energy for the electricity powering its operations by 2025.”
Amazon Wind Farm Oregon – Leaning Juniper IIA is a repowering project that will significantly extend the life of the existing wind farm and make it work more efficiently. Consisting of 40 turbines, the wind farm will produce enough energy to power 22,800 homes every year. During construction, the project will support about 200 jobs.

Additionally, Avangrid has executed contracts to recycle all turbine blades that will be decommissioned with this project, which is estimated to divert more than 1,000 tons of mass from landfill.

“Repowering represents a tremendous opportunity for Avangrid to capitalize on benefits from the Inflation Reduction Act,” said Azagra. “Avangrid’s large existing onshore wind fleet will enable many more repowerings like this one over the next decade. In doing so, we take advantage of improving technologies to generate more renewable power more efficiently and extend the positive impact these projects deliver locally.”

Through the Avangrid Community Sponsorship Program, the wind farm has contributed to local libraries, pre-schools, and firefighters. Repowering the project through Amazon’s investment ensures this work can continue. The project has also paid more than $11 million in local property taxes to date, supporting public services like education and safety, and these tax contributions will continue after repowering.
 

About Avangrid

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

 

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

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