May 19, 2021: Santa Fe Reporter

Page 4

AVANGRID offshore wind project makes history Offshore wind will power America’s green energy future

AVANGRID, a leading sustainable energy company and the company seeking to merge with PNM, will build the first commercial-scale offshore wind project in the U.S. — 15 miles off the coast of Martha’s Vineyard.

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Powering 400,000 homes and businesses in the Commonwealth of Massachusetts Creating 3,600 Full Time Equivalent (FTE) job years over the life of the project Reducing electricity rates by $1.4 billion over the first 20 years of operation Expected to reduce carbon emissions by more than 1.6 million metric tons per year Deploying GE Renewable Energy wind turbines

We are committed to clean energy and look forward to bringing our investments to New Mexico soon.

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APRIL 14-20, 2021

SFREPORTER.COM


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