Sustainable energy company Avangrid Inc. announced the construction of what will be the company’s fifth wind farm in Illinois in a March 11 press release. The 153 megawatts (MW) Osagrove Flats facility will include 34 wind turbines.
The wind farm will produce more than 550,000 megawatt-hours of energy in a year, which is the same amount of power used by about 50,000 U.S. homes.
Osagrove Flats is located in La Salle County, Illinois, near four other Avangrid wind farms, including Streator Cayuga Ridge South, Midland, Otter Creek and Providence Heights. Upon completion, it will bring Avangrid’s total installed renewable energy capacity in the state to nearly 800 MW.
Recommended Reading
CGG to Change Name to Viridien
2024-05-17 - The company’s new ticker symbol will be “VIRI” and listed on Euronext Paris, effective May 21.
Sector’s Appetite for Capital Remains Amid Consolidation Frenzy, Panelists Say
2024-05-17 - There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
SilverBow Resets Shareholder Meeting After $2.1B Crescent Deal
2024-05-16 - SilverBow Resources said it will adjourn its May 21 shareholders’ meeting until May 29 following Crescent Energy’s agreement to buy the Eagle Ford operator.
Blue Racer Midstream Prices Senior Notes Offering
2024-05-15 - Net proceeds from the sale of senior notes will be used to pay off debt and other general corporate purposes.
Petrobras CEO Prates to Step Down
2024-05-15 - Brazil’s President Luiz Inácio Lula da Silva has requested that Petrobras CEO Jean Paul Prates resign following a dispute over dividend payments.