{"id":741551,"date":"2023-03-21T09:03:04","date_gmt":"2023-03-21T13:03:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-to-support-metas-operations-in-texas-with-new-240-mw-solar-farm\/"},"modified":"2023-03-21T09:03:04","modified_gmt":"2023-03-21T13:03:04","slug":"avangrid-to-support-metas-operations-in-texas-with-new-240-mw-solar-farm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-to-support-metas-operations-in-texas-with-new-240-mw-solar-farm\/","title":{"rendered":"AVANGRID To Support Meta\u2019s Operations in Texas With New 240 MW Solar Farm"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>AVANGRID To Support Meta\u2019s Operations in Texas With New 240 MW Solar Farm<\/b><\/p>\n<p class=\"bwalignc\"><i>240 MW True North is AVANGRID\u2019s first solar farm in the state<\/i><\/p>\n<p class=\"bwalignc\"><i>The project will supply clean, renewable energy to power Meta\u2019s operations in the region<\/i><\/p>\n<p>ORANGE, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 240 MW solar farm under development in Falls County, Texas, and AVANGRID\u2019s first solar facility in the state.\n<\/p>\n<p>\n\u201cWe are proud to sign this agreement with a partner like Meta who, like us at AVANGRID, has a strong commitment to accelerating the energy transition in the U.S.,\u201d said Pedro Azagra, AVANGRID\u2019s CEO. \u201cWith projects like True North, we continue our mission of helping the country meet its ambitious clean energy goals, while also creating quality jobs and strengthening our local economies.\u201d\n<\/p>\n<p>\n\u201cWe\u2019re excited to expand our partnership with AVANGRID to help bring new solar energy to support our local operations in Texas,\u201d said Urvi Parekh, head of renewable energy at Meta. \u201cTrue North will support our commitment to 100% renewable energy and represents additional investment and jobs for the region.\u201d\n<\/p>\n<p>\nSince 2020, Meta\u2019s global operations have been supported by 100% renewable energy. The True North project will support Meta\u2019s upcoming data center in neighboring Temple, their second data center facility in Texas.\n<\/p>\n<p>\nTrue North, AVANGRID\u2019s first solar farm in Texas, will deliver 240 MW of clean, renewable energy once it reaches commercial operations, which is expected by early 2025. During its construction and operation, True North will create over 200 local jobs and is expected to pay over $40 million in property taxes over 25 years in this state, in which the company already operates more than 1,250 MW of onshore wind facilities.\n<\/p>\n<p>\nWith more than 8.6 GW of installed renewable capacity, including 1.1 GW of solar projects operating and under construction, AVANGRID is the third largest renewable energy operator in the U.S. In total, the company has a strong pipeline of more than 25 GW under development, encompassing solar, onshore wind, offshore wind, and battery energy storage.\n<\/p>\n<p><b>About AVANGRID: <\/b>AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 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 more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies \u2013 a ranking of America\u2019s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.\u2019s Sustainable Development Goals and was named among the World\u2019s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. AVANGRID is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.avangrid.com&amp;esheet=53363962&amp;newsitemid=20230320005104&amp;lan=en-US&amp;anchor=www.avangrid.com&amp;index=1&amp;md5=c334de2f73d1132a78ac0e3a00b96daf\">www.avangrid.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005104r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230320005104\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230320005104\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA CONTACT:<br \/>\n<\/b><br \/>Mariel Huerta<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mariel.huerta@avangrid.com\">mariel.huerta@avangrid.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas Connecticut<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Environmental Policy Other Energy Nuclear Utilities Green Technology Oil\/Gas Coal Alternative Energy Environment Energy Sustainability<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230320005104\/en\/1683863\/3\/New_AVANGRID_Logo_Jan.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>AVANGRID To Support Meta\u2019s Operations in Texas With New 240 MW Solar Farm 240 MW True North is AVANGRID\u2019s first solar farm in the state The project will supply clean, renewable energy to power Meta\u2019s operations in the region ORANGE, Conn.&#8211;(BUSINESS WIRE)&#8211; AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has announced today the signing of a power purchase agreement (PPA) with Meta to procure renewable energy from True North, a 240 MW solar farm under development in Falls County, Texas, and AVANGRID\u2019s first solar facility in the state. \u201cWe are proud to sign this agreement with a partner like Meta who, like us at AVANGRID, has a strong commitment to accelerating the energy &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-to-support-metas-operations-in-texas-with-new-240-mw-solar-farm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AVANGRID To Support Meta\u2019s Operations in Texas With New 240 MW Solar Farm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741551","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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