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The 153-megawatt (MW) Osagrove Flats wind farm will be in La Salle County and demonstrates the company’s continued investment in Illinois.
PORTLAND, Ore. , March 11, 2024–(BUSINESS WIRE)–Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the structure of what will be the fifth wind farm in Illinois. Osagrove Flats, in La Salle County, will consist of 34 wind turbines with a total capacity of 153 MW.
“Avangrid has a long history of effectively partnering with communities across Illinois to build and commission wind farms, helping to drive the blank energy transition in the state and across the country,” said Pedro Azagra, CEO of Avangrid. “We are excited to be able to build on our more than 15-year history in Illinois with Osagrove Flats, which will create more jobs and investment for the community.
The wind farm will produce more than 550,000 MWh of energy per year, the same amount of energy used by about 50,000 U. S. homes.
Construction on Osagrove Flats is expected to create about three hundred jobs. Long-term operation and maintenance will also generate several permanent jobs at the site. It is estimated that the wind farm will contribute more than $40 million in asset taxes over the life of the project, which will directly benefit public facilities such as schools and chimneys. Protection.
Avangrid has also worked intensively with the surrounding network, offering direct money in some cases. For example, the company donated $15,000 to the village of Dana, located near the project, which it used to run the ambulance service on the network and renovate the City Hall. .
“We have developed a wonderful relationship with Avangrid over the past few years and are thrilled to see the Osagrove Flats Wind Farm come to life,” said Joe Centeno, President of the Village of Dana. “They have proven time and time again that I care about this community and look forward to seeing how long-lasting this assignment will bring to our village, school district, and township.
Osagrove Flats is in close proximity to 4 other Avangrid operational wind farms in Illinois, in addition to Streator Cayuga Ridge South, Midland, Otter Creek and Providence Heights. Once the structure is complete, Avangrid’s overall installed renewable energy capacity in Illinois will increase to nearly 800 megawatts.
With 8. 7 GW of renewable capacity, Avangrid is the third-largest renewable energy operator in the United States.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aims to be the leading sustainable energy company in the United States. Headquartered in Orange, Connecticut, and with approximately $44 billion in assets and operations in 24 U. S. states, Avangrid has two number one business segments: grids and renewable energy. Through its network businesses, Avangrid owns and operates 8 electric and herbal fuel utilities, serving more than 3. 3 million consumers in New York and New England. Through its renewable energy business, Avangrid owns and operates a portfolio of renewable energy generation services throughout the United States. Avangrid employs approximately 8,000 other people and has been identified through JUST Capital in 2021, 2022, 2023 and 2024 as one of JUST One Hundred Companies, a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12th overall. The company supports the United Nations Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year through the Ethisphere Institute. Avangrid is a member of the organization of companies controlled through Iberdrola, S. A. For more information, visit www. avangrid. com.
See the businesswire. com edition: https://www. businesswire. com/news/home/20240311062167/en/
Contactos
Media: Keaton ThomasKeaton. thomas@avangrid. com 949-606-3641