{"id":15309,"date":"2025-04-03T12:47:10","date_gmt":"2025-04-03T16:47:10","guid":{"rendered":"https:\/\/spainuscc.org\/?post_type=news&p=15309"},"modified":"2025-05-05T15:37:53","modified_gmt":"2025-05-05T19:37:53","slug":"avangrid-announces-20-billion-investment-plan-for-u-s-grid-infrastructure-through-2030","status":"publish","type":"news","link":"https:\/\/spainuscc.org\/es\/news\/avangrid-announces-20-billion-investment-plan-for-u-s-grid-infrastructure-through-2030\/","title":{"rendered":"Avangrid Announces $20 Billion Investment Plan for U.S. Grid Infrastructure Through 2030"},"content":{"rendered":"

Investment plan announced during CERAWeek where Avangrid and Iberdrola are meeting with key U.S. policymakers and global leaders<\/span><\/i>\u00a0<\/span><\/p>\n

Robust investment comes at a time when U.S. energy demand is surging due to manufacturing and data center growth<\/span><\/i>\u00a0<\/span><\/p>\n

HOUSTON <\/span><\/b>\u2014<\/span><\/b> March 12, 2025 <\/span><\/b>\u2014<\/span><\/b> Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced it has plans to invest $20 billion in U.S. electrical grid infrastructure through the end of the decade.\u00a0<\/span>\u00a0<\/span><\/p>\n

The announcement comes as Avangrid and Iberdrola take part in the CERAWeek 2025 conference in Houston, Texas, the largest energy industry event in the country. Iberdrola Executive Chairman Ignacio Gal\u00e1n and Avangrid CEO Pedro Azagra met with key U.S. policymakers this week, including U.S. Secretary of Energy Chris Wright and Doug Bergum, Chair of the White House National Energy Dominance Council and U.S. Secretary of Interior. They discussed how growing energy demand requires a critical need to invest in energy infrastructure, and that the U.S. is a top investment destination as Avangrid and Iberdrola modernize and expand the country\u2019s electrical grid.<\/span>\u00a0<\/span><\/p>\n

The investment plan could also include opportunities for new generation.<\/span>\u00a0<\/span><\/p>\n

Avangrid has about $50 billion in assets across the United States across 23 states and employs over 8,000 people. Its eight electric and gas utilities in the Northeast serve over 3.3 million customers. Avangrid also owns and operates about 10.5 Gigawatts of electric generation capacity, capable of producing enough electricity to power over three million homes.<\/span>\u00a0<\/span><\/p>\n

About<\/span> Avangrid<\/span><\/strong>: <\/span><\/span>Avangrid<\/span>, Inc. <\/span>is<\/span> a <\/span>leading<\/span> energy<\/span> company<\/span> in <\/span>the<\/span> United<\/span> States<\/span> working<\/span> to<\/span> meet<\/span> the<\/span> growing<\/span> demand<\/span> for<\/span> energy<\/span> for<\/span> homes<\/span> and <\/span>businesses<\/span> across<\/span> the<\/span> nation<\/span> through<\/span> service<\/span>, <\/span>innovation<\/span>, and <\/span>continued<\/span> investments<\/span> by<\/span> expanding<\/span> grid<\/span> infrastructure<\/span> and <\/span>energy<\/span> generation<\/span> projects<\/span>. <\/span>Avangrid<\/span> has <\/span>offices<\/span> in Connecticut, New York, Massachusetts, Maine and <\/span>Oregon<\/span>, <\/span>including<\/span> operations<\/span> in 23 <\/span>states<\/span> with<\/span> approximately<\/span> $47 <\/span>billion<\/span> in <\/span>assets<\/span>, and has <\/span>two<\/span> primary<\/span> lines<\/span> of<\/span> business<\/span>: <\/span>networks<\/span> and <\/span>power<\/span>. <\/span>Through<\/span> its<\/span> networks<\/span> business<\/span>, <\/span>Avangrid<\/span> owns<\/span> and <\/span>operates<\/span> eight<\/span> electric<\/span> and natural gas <\/span>utilities<\/span>, <\/span>serving<\/span> more <\/span>than<\/span> 3.3 <\/span>million<\/span> customers<\/span> in New York and New <\/span>England<\/span> and in 2024.\u00a0 <\/span>Through<\/span> its<\/span> power<\/span> generation<\/span> business<\/span>, <\/span>Avangrid<\/span> owns<\/span> and <\/span>operates<\/span> more <\/span>than<\/span> 75 <\/span>energy<\/span> generation<\/span> facilities<\/span> across<\/span> the<\/span> United<\/span> States<\/span> producing<\/span> 10.5 GW <\/span>of<\/span> power<\/span> for<\/span> over<\/span> 3.1 <\/span>million<\/span> customers<\/span>. <\/span>Avangrid<\/span> employs<\/span> approximately<\/span> 8,000 <\/span>people<\/span> and has <\/span>been<\/span> recognized<\/span> by<\/span> JUST Capital as <\/span>one<\/span> of<\/span> the<\/span> JUST 100 <\/span>companies<\/span> \u2013 a ranking <\/span>of<\/span> America\u2019s<\/span> best<\/span> corporate<\/span> citizens<\/span> in 2025 <\/span>for<\/span> the<\/span> fifth<\/span> consecutive <\/span>year<\/span>. <\/span>The<\/span> company<\/span> was<\/span> named<\/span> among<\/span> the<\/span> World\u2019s<\/span> Most<\/span> Ethical<\/span> Companies<\/span> in 202<\/span>5<\/span> for<\/span> the<\/span> s<\/span>eventh<\/span> consecutive <\/span>year<\/span> by<\/span> the<\/span> Ethisphere<\/span> Institute<\/span>. <\/span>Avangrid<\/span> is<\/span> a <\/span>member<\/span> of<\/span> the<\/span> group<\/span> of<\/span> companies<\/span> controlled<\/span> by<\/span> Iberdrola, S.A. <\/span>For<\/span> more <\/span>information<\/span>, <\/span>visit<\/span> <\/span>http:\/\/www.avangrid.com<\/span><\/span><\/a>.<\/span><\/span>\u00a0<\/span><\/p>\n

Media Contact:<\/span><\/b>
\n<\/span>Keaton Thomas<\/span>
\n<\/span>Keaton.thomas@avangrid.com<\/span><\/a>
\n<\/span>503-956-9621<\/span>\u00a0 <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Investment plan announced during CERAWeek where Avangrid and Iberdrola are meeting with key U.S. policymakers and global leaders\u00a0 Robust investment comes at a time when U.S. energy demand is surging due to manufacturing and data center growth\u00a0 HOUSTON \u2014 March 12, 2025 \u2014 Avangrid, Inc., a leading energy company and member of the Iberdrola Group, […]<\/p>\n","protected":false},"featured_media":15336,"template":"","categories":[138],"acf":[],"yoast_head":"\nAvangrid Announces $20 Billion Investment Plan for U.S. Grid Infrastructure Through 2030 - Spain-U.S. Chamber of Commerce<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spainuscc.org\/news\/avangrid-announces-20-billion-investment-plan-for-u-s-grid-infrastructure-through-2030\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avangrid Announces $20 Billion Investment Plan for U.S. Grid Infrastructure Through 2030 - 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