Press Releases
12/21/2022
AVANGRID Statement on Federal Environmental Review of New England Wind Offshore Project
AVANGRID Statement on Federal Environmental Review of New England Wind Offshore Project
ORANGE, CT – December 21, 2022 – AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today released the following statement regarding the Bureau of Ocean Energy Management’s (BOEM) Draft Environmental Impact Statement (DEIS) on AVANGRID’s New England Wind Offshore project, consisting of the 1232 Megawatt (MW) Commonwealth Wind and 804 MW Park City Wind projects.
“AVANGRID is grateful to the Bureau of Ocean Energy Management for its comprehensive environmental review of New England Wind – which represents more than 2000 Megawatts of clean, affordable power through the Commonwealth Wind and Park City Wind projects. In total, the projects will power over one million households, reduce emissions by nearly four million tons – equivalent to taking more than 770,000 cars off the road annually. AVANGRID welcomes the Draft Environmental Impact Statement issued by BOEM, and is pleased that the BOEM has identified the environmental impacts and benefits of the project in a clear and consistent manner, which marks a pivotal step toward bringing these projects to the New England region. The release of the DEIS is yet another milestone marking the strong forward momentum of the projects, and as New England confronts both the energy and climate crisis, we recognize the urgent need to continue moving through the federal permitting process and bring this critical power to the grid to help the region meet its collective, ambitious clean energy and climate goals.
“As a leading sustainable energy company strongly committed to the U.S. energy transition, we are heartened by the clear forward momentum behind the projects, and remain focused on delivering these urgent solutions to Massachusetts and Connecticut, creating thousands of jobs, and accelerating the nation’s transition to a better, brighter clean energy future.”
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 24 states with approximately $47 billion in assets, and 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 and in 2024. Through its renewables business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing over 9GW of power for over 2.2 million customers. 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 2025 for the fifth consecutive year. The company 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.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
