ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Avangrid Announces New Oregon Solar Project to Help Power Data Centers

Oregon Trail Solar will be a 57 MWdc (41 MWac) project in Gilliam County, Oregon

Once completed, Oregon Trail Solar will produce enough electricity to power about 10,000 U.S. homes

Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a Power Purchase Agreement (PPA) with Amazon for energy from a new solar project called Oregon Trail Solar. The 57 MWdc (41 MWac) facility will be located in Gilliam County, Oregon and will supply renewable energy for Amazon data centers in the region. The project will be operational in 2027.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250922813143/en/

Solar panels in Oregon

Solar panels in Oregon

"This agreement reflects Amazon and Avangrid’s commitment to delivering reliable energy solutions that will help meet America’s growing energy needs and support the growth of critical infrastructure," said Jose Antonio Miranda, Avangrid CEO. "Oregon Trail Solar builds on our strong presence in Oregon and deep partnership with Amazon, and we’re proud to help power the future with projects that bring lasting economic benefits to local communities, bolster our nation’s energy independence, and maximize energy production."

Oregon Trail Solar represents the second recent renewable energy PPA between Avangrid and Amazon in the Pacific Northwest, adding to a previously announced deal for power from the Leaning Juniper IIA repower project, also located in Gilliam County. Avangrid and Amazon have agreements to generate power from several renewable energy projects in Illinois, Ohio and North Carolina as well.

Construction of Oregon Trail is expected to generate 200 jobs, mostly filled by local union labor. It will use over 100,000 solar panels and produce the same amount of electricity used by about 10,000 U.S. homes each year.

“Oregon Trail Solar is yet another example of how Avangrid works with local communities to build America’s energy future,” said Sy Oytan, Avangrid Power CEO. “With this new project, we are adding to our existing investments in Gilliam County and Oregon in a way that strengthens the region while producing electricity to help meet the growing energy demand across the country.”

Operations at Oregon Trail will also support several new full-time jobs in the community. Over its lifetime, Avangrid expects the project to contribute $6 million in combined PILOTs (payment in lieu of taxes), as well as property taxes for Gilliam County which will support a variety of public services, including schools and infrastructure.

Oregon Trail will add to Avangrid’s longstanding presence in the state, with its oldest project dating back to 2001. Today, the company operates 2.5 GW of capacity in Oregon. Avangrid also maintains its National Training Center in neighboring Sherman County and a large corporate office in Portland.

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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.