TOP STORIES

Avangrid doubles PPA with CPS in Texas to 161MW

RICHARD HEAP

June 5, 2024

Avangrid has doubled the amount of electricity it is supplying to CPS Energy from the 84-turbine 202MW Peñascal 1 onshore wind farm in Kenedy County, Texas.

Peñascal 1 was commissioned in 2009. CPS previously signed a 77MW 15-year power purchase agreement with Avangrid at the project, and the companies have now extended the deal. This extension involves increasing its off-take from the project by 84MW to 161MW.

Pedro Azagra, chief executive of Avangrid, said: “We are growing our already strong relationship with CPS Energy to support their growing customer base while managing merchant risk at one of our existing wind facilities. Partnerships like this are critical to supporting a clean energy transition in Texas and beyond.”

Rudy Garza, president and chief executive of CPS Energy, said: “Growing our portfolio of renewable energy brings us closer to realizing our Vision 2027 goals. This expansion is an exciting step in our renewable energy commitments and is well-aligned with our approved generation plan.”

Read more