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0.000987166831194576 0.000987166831194576 0.000423071499083361 0.000423071499083361 0.000282047666055708 -0.000423071499083161 -0.000423071499083161 -0.000423071499083161
Stock impact report

Avangrid Receives Full Federal Approval for Construction of New England Wind Offshore Projects

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Federal approval of Construction and Operations Plan positions New England Wind 1 to start construction as soon as 2025 BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received full federal approval of the Construction and Operations Plan (COP) for the New England Wind 1 and 2 offshore projects. The approval of the COP follows the favorable Record of Decision (ROD) issued by the Biden Administration in April 2024. The approval represents a critical milestone, and largely completes the federal, state, and local permitting process for Avangrid’s 791 Megawatt New England Wind 1 project. The approval of the COP by the Bureau of Ocean Energy Management comes after years of robust stakeholder engagement with Tribal Nations, members of local residential and fishing communities, and other ocean users. The New England Wind 1 and New England Wind 2 projects have the potential to create th Show less Read more
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