tiprankstipranks

Avangrid, Amazon expand U.S. partnership with wind project in Oregon

Avangrid (AGR) announced the signing of a new power purchase agreement with Amazon (AMZN) to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the global transition to renewable energy,” said Pedro Azagra, Avangrid CEO. “With projects like this, we are not only supporting Amazon’s climate goals, but creating jobs and contributing to local communities.” Amazon Wind Farm Oregon – Leaning Juniper IIA is a repowering project that will significantly extend the life of the existing wind farm and make it work more efficiently. Consisting of 40 turbines, the wind farm will produce enough energy to power 22,800 homes every year. During construction, the project will support about 200 jobs. Additionally, Avangrid has executed contracts to recycle all turbine blades that will be decommissioned with this project, which is estimated to divert more than 1,000 tons of mass from landfill.

Protect Your Portfolio Against Market Uncertainty

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on AGR:

Disclaimer & DisclosureReport an Issue