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10/31/2019

PPM Adds Southern California Plant to its Wind Portfolio

PPM Adds Southern California Plant to its Wind Portfolio

Click Here  for a PDF version of this press release.

October 20, 2003

PORTLAND, Ore. - PPM Energy, Inc. (PPM), ScottishPower's (NYSE: SPI) competitive US energy business, today announced that it will build and own the Mountain View III wind plant in Riverside County, California.

PPM has sold 25 megawatts of wind output to San Diego Gas & Electric under a 15-year contract.

PPM has a 750-megawatt wind supply portfolio, including 162 megawatts from the recently commissioned High Winds Energy Center in northern California. PPM balances its supply portfolio with sales to wholesale customers, placing most of its output in long-term contracts. Major customers include the cities of Seattle, Sacramento, Pasadena and Anaheim as well as investor-owned utilities such as Alliant Energy and Xcel Energy and the federal Bonneville Power Administration.

SeaWest WindPower of San Diego jointly developed the Mountain View III plant with PPM and will construct 34 Vestas 660 kW wind turbines at the site. The turbines will have a generating capacity of 22 megawatts. Construction is expected to be completed by the end of 2003. PPM also will add three megawatts from its existing wind supply portfolio to bring the total wind sale to SDG&E to 25 megawatts.

"California is important to PPM. By marketing the entire output of the High Winds Energy Center in northern California and now building the Mountain View III plant in southern California, PPM is demonstrating our commitment to helping California meet its renewable energy needs from north to south," said Terry Hudgens, PPM's CEO. "We also applaud San Diego Gas & Electric's leadership in bringing sustainable new resources to customers of California investor-owned utilities."

With a portfolio of more than 750 megawatts of wind power currently in operation or under construction, PPM has a goal of bringing 2,000 megawatts of new wind power to market by 2010. PPM also has about 800 megawatts of clean gas resources under its control to give customers a wide range of options for adding environmentally responsible energy to their portfolios. The American Wind Energy Association honored PPM with its "Market Maker of the Year" award for aggressively finding markets for wind power.

 

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

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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