Por: Portland Press Herald World January 02, 2024
ALBUQUERQUE, N.M. — Officials with New Mexico’s largest electric utility said Tuesday that a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled. Under the proposal, Connecticut-based Avangrid, which also owns Central Maine Power, would have acquired PNM Resources and its two utilities — Public Service Co. of New Mexico and Texas New Mexico Power. The all-cash transaction was... + full article
MarketWatch USA Business January 02, 2024
The Spanish energy company said Tuesday that Avangrid--which is 81.5%-owned by Iberdrola and houses its U.S. renewable-energy assets as well as electric and natural-gas utilities--terminated the deal after conditions for closing it weren't met in the timeframe the parties... + más
Iberdrola's Avangrid Ends $4.3 Billion Deal With PNM Resources -- Update | MarketWatch
Proposed $4.3 billion merger of Avangrid, New Mexico utility scuttled | Portland Press Herald
The Boston Globe USA Business July 28, 2023
The cost of a 145-mile power line to bring hydroelectricity from Canada to Massachusetts via western Maine has risen by roughly 50 percent, to $1.5 billion, in the wake of a Maine ballot measure that delayed work for more than a year — and Massachusetts ratepayers could end up... + más
NFL Playoff Scenarios | ABC News
Le Krewe du Roi celebrates the state at 58th annual Mardi Gras Ball | The Advocate
Portland Press Herald USA Nation March 22, 2023
Central Maine Power and its parent company, Avangrid, are warning customers to be wary of phone calls from people claiming to be company representatives after a wave of reports about scam calls. CMP spokesperson Jon Breed said Tuesday the utility has received over 100 reports so... + más
Storm surge: To get lights back on, Maine pays a premium for crews from away | Portland Press Herald
CMP, Versant both score last in satisfaction survey of utility customers | Portland Press Herald
The Boston Globe USA Business March 05, 2023
So much for any honeymoon period between the Healey administration and energy company Avangrid.Rebecca Tepper, the state’s new energy and environmental affairs secretary, chastened Avangrid’s chief executive with a harsh letter that essentially accuses the company of bailing... + más
Citing cost increases, Avangrid asks to back out of offshore wind project off Martha’s Vineyard | The Boston Globe
Supply chain issues slow development of major Mass. offshore wind farm | The Boston Globe
Associated Press USA Business January 31, 2023
ALBUQUERQUE, N.M. (AP) — One of the governor’s picks for a powerful regulatory commission has recused himself from any decisions involving a proposed multibillion-dollar merger between a U.S. subsidiary of global energy giant Iberdrola and New Mexico’s largest electric... + más
Commentary: Decision to recuse shouldn’t be made by the judge in question | Portland Press Herald
Justice Barrett’s impartiality in designer’s case is questionable | The Boston Globe
The Boston Globe USA Business December 17, 2022
The state’s nascent offshore wind industry suffered a big setback on Friday when Avangrid told state regulators it wants to end its contracts with three major utilities to build a massive wind farm south of Martha’s Vineyard.The move, made in a filing with the state... + más
Let The Bidding Begin: 43 Companies to Compete For Five California Offshore Wind Leases | Forbes
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