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Avangrid True North Solar Farm Achieves Commercial Operation, Its Largest Solar Project To Date

1. Avangrid's True North Solar project achieves commercial operation, boosting Texas's energy capacity. 2. The 238 MWac project enhances grid reliability and supports U.S. data centers.

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Why Bullish?

The successful commercial operation of the True North Solar project increases Avangrid's capacity and market presence, echoing previous growth following similar project launches.

How important is it?

The achievement indicates a strong growth trajectory in renewable energy, which is critical for investor confidence in Avangrid.

Why Long Term?

This development positions Avangrid for sustained growth as it capitalizes on future energy demands and renewable energy trends, like many companies benefiting from solar project expansions over the years.

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WACO, Texas--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that its True North Solar project has achieved commercial operation. As Avangrid's largest solar project to date, the 238 Megawatt-AC (MWac) (321 MWdc) project plays a dual role in responsibly powering U.S. data centers to ensure grid reliability and cementing Texas's position as a leader in American energy production. True North is delivering electricity to the Texas Grid a.

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