Avangrid said the project is the largest solar power plant in its portfolio and the first solar project in Texas.
Last year, Avangrid began construction of this solar PV plant and signed a power purchase agreement (PPA) with social media and data giant Meta, securing one of Meta’s new data centers in Temple City, Texas.
Meta has a number of PPAs, particularly in Texas, and has committed to run its operations entirely on renewable energy from 2020. For example, Pine Gate Renewables signed an environmental asset purchase agreement (EAPA) with Meta for a 204 MW solar PV project. Temple, Texas, in May 2024.
In addition to the True North Solar project, Avangrid recently installed the first modules at the 202MWdc/150MWac Powell Creek PV project in Putnam County, Ohio. Construction on the project began in late 2023, and Avangrid said the site would be operational “in approximately 14 to 18 months.” That would put the operational date in the spring of 2025.
Avangrid is a subsidiary of the Spanish utility company Iberdrola, since it was fully acquired by the latter in May 2024. Iberdrola took full ownership of Avangrid for a total of US$2.551 billion after acquiring the 18.4% minority stake it no longer held in Avangrid for the US. $35.75 per share. After the deal closes, Iberdrola will request that the shares in Avangrid be delisted from the New York Stock Exchange.