Avangrid Energy Investments Generated Enough Electricity for 2.4 Million Homes in the First Half of 2025
'Avangrid is leading the way to help meet the nation's growing demand for electricity, driven in large part by the rapid expansion of data centers,' said Avangrid CEO Jose Antonio Miranda. 'As we expand our investments in U.S. generation and grid infrastructure, we are strengthening American energy independence and powering long-term economic growth. We will continue working with our many stakeholders to bring new projects online, ensuring families and industries across America have access to safe, reliable, and affordable power.'
Avangrid has more than 10.5 Gigawatts (GW) of energy generation capacity, with 80 operating power plants stretching from coast to coast. Earlier this year, the company announced commercial operations at three new solar projects in Texas, California, and Ohio, representing about 600 Megawatts (MW) of new capacity. This helped boost Avangrid's solar energy production by 125% compared to the first six months of 2024. Since 2015, Avangrid has increased its generating capacity by 66 percent.
Avangrid currently has 10 projects providing more than 1.5 GW of energy to data centers and the leading companies in technology and AI. The company has five more projects, totaling nearly 700 MW, currently under construction, helping these companies meet their urgent need for power.
In March 2025, Avangrid announced plans to invest an additional $20 billion in U.S. electrical grid infrastructure by 2030. This reflects the critical need to invest in energy infrastructure to meet growing demand, as well as the United States' position as a top investment priority for Avangrid and Iberdrola.
Avangrid's success has contributed to Iberdrola's global production surpassing 66,000 GWh for the first half of 2025, a 2.3% increase compared to the same period from last year. Furthermore, Avangrid helped Iberdrola's global generation capacity exceed 57,000 MW this year.
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 23 states with approximately $48 billion in assets, and has two primary lines of business: networks and power. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Through its power generation business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing 10.5 GW of power for over 3.1 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 2025 for the seventh consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit http://www.avangrid.com.
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