Avangrid secures approval for New England Wind 1 and 2 offshore projects

Avangrid secures approval for New England Wind 1 and 2 offshore projects

Avangrid, Inc. (NYSE: AGR), a prominent player in sustainable energy within the Iberdrola Group, has announced receiving complete federal approval for its ambitious New England Wind 1 and 2 offshore wind projects. This significant milestone marks a major advancement for the projects, following the favorable Record of Decision (ROD) issued by the Biden Administration in […]

Shell divests 50% stake in SouthCoast Wind to Ocean Winds to refocus on renewable energy strategy

Shell divests 50% stake in SouthCoast Wind to Ocean Winds to refocus on renewable energy strategy

In a significant move within the renewable energy sector, Shell New Energies US LLC (Shell), a subsidiary of global energy giant Shell plc, has concluded the sale of its 50% equity stake in SouthCoast Wind Energy LLC (SouthCoast Wind) to its joint venture partner Ocean Winds North America LLC (Ocean Winds). This strategic divestment is […]