Avangrid signs PPA with CPS Energy for energy from Texas wind farm

Avangrid announced the signing of a power purchase agreement, or PPA, with CPS Energy for a 161-Megawatt, or MW, portion of Avangrid’s Penascal I wind farm in Kenedy County, Texas south of Baffin Bay. This represents an extension and expansion of a previous 15-year agreement between the two companies for energy from Penascal I. CPS Energy more than doubled its power offtake from the project – increasing from 77 MW to 161 MW – and will now receive almost 80% of the power generated there. Avangrid is supplying CPS Energy with enough energy from Penascal I to power about 41,000 Texas homes.