Avangrid Awarded $425M Federal Capacity Contract for Maine Transmission Project
Avangrid, Inc. (AGR)
Last avangrid, inc. earnings: 4/28 04:15 pm
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Source: Business Wire
Capacity contract granted through the Transmission Facilitation Program by the U.S. Department of Energy Grid Deployment OfficeAward represents one of the largest federal investments in energy development in Maine’s history AUGUSTA, Maine--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced that the U.S. Department of Energy (DOE) selected Avangrid for a $425 million capacity contract for its Aroostook Renewable Project. The award is part of the DOE’s Transmission Facilitation Program (TFP).The announcement by DOE comes as the Maine Public Utilities Commission (MPUC) prepares to issue a transmission line Request for Proposals to connect 1,200 megawatts of renewable energy to the New England power grid in Maine. The generation portion is being solicited by the MPUC separately. Avangrid intends to participate in the transmission line RFP process and will include the awarded $425 million capacity contract as pa
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News
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AGR
Earnings
- 7/23/24 - Beat
AGR
Sec Filings
- 9/26/24 - Form 8-K
- 9/19/24 - Form 8-K
- 9/18/24 - Form 8-K
- AGR's page on the SEC website