Avangrid Signs MoU with NTUA to Develop Up to 1 GW of Green Energy Projects in Mexico and Arizona

This partnership will allow the two parties to collaborate and study the feasibility of developing wind and solar projects, as well as battery storage solutions, to create new jobs, create economic development on the Navajo Nation, offset lost revenue on the Navajo Nation, and bring reliable, affordable, and renewable energy to power Navajo Nation businesses and residents.

“We are thrilled to announce this collaboration with the NTUA, which allows us to join efforts to study and develop green energy projects with the potential of bringing important benefits to the region”, said Pedro Azagra, CEO of AVANGRID. “Partnerships like these reflect our steadfast commitment to making a meaningful, positive impact in the lives of the families in the communities where we are present.”

“NTUA Generation has been working diligently to explore renewable energy development opportunities on the Navajo Nation with the promise of new jobs and clean green energy,” said NTUA General Manager Walter Haase.

As part of this partnership, AVANGRID and NTUA will explore how the projects being contemplated could benefit from the Inflation Reduction Act (IRA), the largest climate investment in the U.S. and global history.

The IRA opens a path to meaningful emissions reductions in Indian tribes through the development of projects that can help them transition to a cleaner energy economy.