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Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico

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Avangrid, Inc. CEO Pedro Azagra congratulates Array Technologies on their new manufacturing facility in New Mexico. The $30 million contract with Array Technologies for solar trackers for their True North solar project in Texas marks a significant step towards Avangrid's clean energy goals.

Il CEO di Avangrid, Inc., Pedro Azagra, si congratula con Array Technologies per il loro nuovo stabilimento di produzione in New Mexico. Il contratto da 30 milioni di dollari con Array Technologies per i tracker solari destinati al loro progetto solare True North in Texas rappresenta un passo significativo verso gli obiettivi di energia pulita di Avangrid.
El CEO de Avangrid, Inc., Pedro Azagra, felicita a Array Technologies por su nueva planta de fabricación en Nuevo México. El contrato de 30 millones de dólares con Array Technologies para rastreadores solares para su proyecto solar True North en Texas marca un paso significativo hacia los objetivos de energía limpia de Avangrid.
Avangrid, Inc.의 CEO인 Pedro Azagra가 뉴멕시코에 새로운 제조 시설을 오픈한 Array Technologies에 축하 인사를 전했습니다. 텍사스의 True North 태양광 프로젝트를 위한 Array Technologies와의 3천만 달러 규모의 태양광 트래커 계약은 Avangrid의 청정 에너지 목표를 향한 중요한 진전을 의미합니다.
Le PDG d'Avangrid, Inc., Pedro Azagra, félicite Array Technologies pour leur nouvelle installation de fabrication au Nouveau-Mexique. Le contrat de 30 millions de dollars avec Array Technologies pour des trackers solaires pour leur projet True North au Texas marque une étape importante vers les objectifs d'énergie propre d'Avangrid.
Der CEO von Avangrid, Inc., Pedro Azagra, gratuliert Array Technologies zu ihrer neuen Produktionsstätte in New Mexico. Der 30 Millionen Dollar Vertrag mit Array Technologies für Solarnachführungen für ihr True North Solarprojekt in Texas stellt einen bedeutenden Schritt in Richtung der sauberen Energieziele von Avangrid dar.
Positive
  • Avangrid's partnership with Array Technologies for solar trackers for the True North solar project in Texas signifies progress towards clean energy goals.

  • The groundbreaking of Array Technologies' new manufacturing facility in New Mexico shows growth and support for the local economy with green energy jobs.

Negative
  • None.

ORANGE, Conn.--(BUSINESS WIRE)-- Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued a statement from Avangrid CEO Pedro Azagra on the groundbreaking of a new manufacturing facility for Array Technologies in New Mexico. Last year, Avangrid announced a $30 million contract with Array Technologies for solar trackers to be used at its True North solar project in Falls County, Texas.

"Congratulations to Array Technologies on their recent groundbreaking of a new manufacturing facility in Albuquerque, New Mexico," said Pedro Azagra, Avangrid CEO. "Array Technologies is a valuable renewable energy partner that is supplying solar trackers to our True North solar farm in Texas, which is currently under construction and will become Avangrid's largest solar project to date. We are thrilled to see them grow, while supporting the New Mexico economy with local, green energy jobs. Strong relationships with industry leaders like Array Technologies are vital to realizing our clean energy goals."

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 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 approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens – in 2024 for the fourth consecutive year. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

Keaton Thomas

Keaton.thomas@avangrid.com

503-956-9621

Source: AVANGRID, Inc.

FAQ

What is the significance of Avangrid's partnership with Array Technologies?

Avangrid's partnership with Array Technologies is important for their clean energy goals.

What is the value of the contract between Avangrid and Array Technologies?

The $30 million contract is for solar trackers to be used at Avangrid's True North solar project in Texas.

Where is Array Technologies' new manufacturing facility located?

Array Technologies' new manufacturing facility is located in Albuquerque, New Mexico.

What is Avangrid's True North solar project?

The True North solar project is Avangrid's largest solar project to date, currently under construction in Falls County, Texas.

Avangrid, Inc.

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About AGR

avangrid, inc. (nyse: agr) is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. the company operates regulated utilities and electricity generation through two primary lines of business. avangrid networks includes eight electric and natural gas utilities, serving 3.1 million customers in new york and new england. avangrid renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the united states. avangrid employs 7,000 people. the company was formed by a merger between iberdrola usa and uil holdings corporation in 2015. iberdrola s.a. (madrid: ibe), a worldwide leader in the energy industry, owns 81.5% of avangrid.