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10/31/2019

Avangrid Renewables to Sell California Wind Energy to CalChoice

Avangrid Renewables to Sell California Wind Energy to CalChoice

 

                          

 

 

 

 

 

 

For Immediate Release

Avangrid Renewables to Sell California Wind Energy to CalChoice

Three Communities to Benefit from Local Energy Supply

 

 

PORTLAND, Oregon — August 19, 2019 — Avangrid Renewables, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and the California Choice Energy Authority (CalChoice) announced today three new power purchase agreements for wind energy from Avangrid Renewables’ Mountain View III Wind Farm in Palm Springs, California. CalChoice will buy the entire output of the 22.44-megawatt (MW) wind farm starting in 2021 on behalf of three of its members: Apple Valley Choice Energy (AVCE), the Rancho Mirage Energy Authority (RMEA), and Lancaster Choice Energy (LCE).

The power purchase agreements (PPA) will enable these three locally operated electric service providers to offer their customers clean, renewable energy generated in one of the most wind-rich areas of California. The project location is very well-suited for CalChoice’s membership, as it sits adjacent to RMEA’s service territory and relatively close to the LCE and AVCE customer bases. The Mountain View III Wind Farm output will allow these CalChoice members to continue offering voluntary service options that provide customers with the opportunity to purchase up to 100% renewable energy from local and regional generating resources, and will facilitate compliance with California’s renewable energy policy.

“Helping communities in Southern California deliver locally-generated clean energy is an inspiring market development that CalChoice has helped enable,” said Diana Scholtes, Vice President of Renewable Origination and Strategies for Avangrid Renewables. “Our diverse asset fleet, paired with Community Choice Aggregation (CCA) programs, permits us to offer flexible, customer-driven products to cities and counties seeking competitive, clean energy solutions.”

“CalChoice is excited to partner with Avangrid Renewables in purchasing locally produced wind energy,” noted CalChoice Executive Director Jason Caudle. “We are committed to pursuing clean, locally situated energy supply options for our members, and the Mountain View III Wind Farm was a perfect fit in this regard.  We look forward to working with Avangrid Renewables during the upcoming 10-year delivery period.”

The Mountain View III Wind Farm generates approximately 70,000 megawatt hours per year, enough to power more than 8,000 typical California homes annually. That amount of carbon-free energy delivered to our customers is the approximate equivalent of 78 million avoided vehicle miles per year.

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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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