Spanish renewable energy giant Iberdrola has announced a deal worth US$8.3 billion, including debt, to buy utility PNM Resources, in a move that will significantly grow its US subsidiary Avangrid. Absorbing PNM into Avangrid will create the third largest renewable energy operator in the US, with...
Latin America is set to see its renewable energy capacity grow from 49GW to 123GW by 2025, with multiple auctions providing a strong pipeline in Brazil, Mexico, Chile, Colombia and Argentina. Rystad Energy said the region is emerging as a ‘green powerhouse’ in its latest press...
Spain’s Iberdrola has had an US$569 million bid for Australian wind and solar firm Infigen Energy accepted, as it looks to further grow its market share in Australia’s renewable energy sector. The Bilbao-based utility is already building a 320MW renewable energy project in South Australia, and...
An area spanning well over 100,000 acres off the coast of North Carolina has gone under the hammer, with Avangrid Renewables submitting a winning US$9 million bid for a 1.2GW wind facility. In one of Barack Obama’s last moves as US President, he set aside 122,405...
