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10/31/2019

BPA and PPM Ink 25-year Wind Power Pact

BPA and PPM Ink 25-year Wind Power Pact

CONTACT:
Art Sasse, Director, Communications & Brand, Iberdrola Renewables, 503-796-7740
Paul Copleman, Media Relations, Iberdrola Renewables, 207-641-2805

PORTLAND, Ore. – The Bonneville Power Administration (BPA) and PacifiCorp Power Marketing, Inc. (PPM) today announced the federal power agency’s largest renewable energy purchase in BPA’s history.

The 90-megawatts of energy supplied to BPA by PPM will power up about 18,000 Northwest homes for the next 25 years. PPM will supply the energy from the Stateline Wind Generating Plant on the Washington-Oregon border.

“This agreement is the culmination of a lot of hard work by both PPM and BPA,” said Terry Hudgens, PPM’s CEO. “I believe that our two organizations complement each other very well, and look forward to future business opportunities with BPA. Ours is a partnership that can only advance the cause of renewable energy in the Pacific Northwest.”

“BPA is excited to be partnering with PPM to bring this wind energy to our customers,” said Steve Wright, acting BPA administrator. “We believe wind energy brings economic and environmental benefits to Northwest citizens.”

In addition to the BPA contract, PPM has signed the biggest public utility wind power contract to date in the United States - a 20-year supply deal with Seattle City Light, the municipal utility for Seattle. Seattle City Light will start buying 50 megawatts of power in January 2002, doubling to 100 megawatts in August 2002, then 150 megawatts in January 2004 and, potentially, to 175 megawatts in August 2004.

PPM is also marketing the power from other sustainable electric generating plants, including the Klamath Cogeneration Plant, a 484-megawatt natural gas-fired, advanced combined-cycle cogeneration facility in Klamath Falls, Ore.

PPM is a non-utility power marketing subsidiary of ScottishPower.

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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