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10/31/2019

Iberdrola Renewables Completes Three New Wind Farms

Iberdrola Renewables Completes Three New Wind Farms

Adds 265 Megawatts in Massachusetts, New Hampshire and California

Click Here  for a PDF version of this press release.

January 22, 2013

PORTLAND, Ore. — Iberdrola Renewables added three new wind farms to its U.S. fleet at the end of 2012, adding to a portfolio of clean energy projects that now spans 19 states. The farms, which all reached commercial operation in December, represent a total investment of approximately $700 million, and have most of the power subscribed under long-term contracts.

“These projects have begun delivering the environmental benefits of clean, renewable energy, but they also create significant economic impacts resulting from hiring numerous local workers and companies, and making long-term tax and lease payments to the local communities,“ said Martín Mugíca, president and CEO of Iberdrola Renewables, LLC. “Each project represents the culmination of years of hard work, and we could not do it without the vision and support of our shareholders, customers and employees.”

The Manzana Wind Power Project [photosfact sheet] in Kern County, Calif., in the wind-rich Tehachapi area near the town of Rosamond, includes 126 GE 1.5-MW wind turbines. This project will support the local economy with property tax payments estimated to be more than $50 million and lease payments expected to be more than $30 million over the life of the project. The property taxes will support schools, public health, fire, library and other necessary services in Kern County. During construction, the project created 216 construction jobs at its peak and resulted in $10.3 million spent locally.

The total project provides 189 MW of clean energy, representing an offset in carbon emissions comparable to removing more than 21,500 cars off of California’s roads each year. The majority of the project output is under long-term contract with two repeat customers, San Diego Gas & Electric (SDG&E), which is buying 100 MW/year for 20 years, and the City of Santa Clara’s Silicon Valley Power (SVP), which is buying 50 MW/year for 20 years.

Rising on Crum Hill in Monroe, Mass., and on Bakke Mountain in Florida, Mass., the Hoosac Wind Power Project [videophotosfact sheet] is now the Commonwealth’s largest wind farm. During construction it employed a peak of 140 workers, with $3.9 million spent locally during building. Over the life of the project, Hoosac will generate approximately $6.8 million in tax revenue for the towns, and lease payments to local landowners will total another $3 million.

In total, Hoosac’s 19 GE 1.5-MW turbines generate 28.5 megawatts (MW) of clean, renewable energy. Altogether, the total project powers over 10,000 homes annually. All of the energy is under contract with NSTAR Electric, a subsidiary of Northeast Utilities.

The Groton Wind Farm [video, photosfact sheet] is situated along two ridge features in the town of Groton, N.H., in Grafton County. It consists of 24 Gamesa G87, 2.0 MW wind turbines, and is expected to produce, on average, enough electricity to power nearly 20,000 average New Hampshire homes. It is the company’s second project in the Granite State, the first being the 24-MW Lempster Wind Farm, in operation since 2008.

During construction, Groton peaked at 277 workers on-site, 52 percent of whom were local. Local spending during this project totaled $3.9 million. Annually, Groton will be paying $528,000 to the town of Groton, with an annual 2.5 percent increase, an amount approximately equal to the town’s annual municipal budget, $450,000 in state taxes and approximately $275,000 to local landowners. Like Hoosac, all of the energy is under contract with NSTAR Electric.

Earlier in 2012, Iberdrola Renewables completed a 46-MW project in Pennsylvania, a 100-MW project in Iowa and a 304-MW project in Ohio.

Iberdrola Renewables, LLC is the U.S. renewable energy division of parent company IBERDROLA, S.A., an energy pioneer with the largest renewable asset base of any company in the world. Iberdrola Renewables, LLC is headquartered in Portland, Ore., and has over $9 billion of operating assets totaling more than 5,500 MW of wind and solar generation.

Media Contact:

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

Additional Resources:

Hoosac

Manzana

 

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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