Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth

Avangrid currently has 8 renewable energy projects that support major data center providers, with 6 to be constructed

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI revolution, and actively working to bring more reliable electricity generation online to support growing demand. According to a December report from the U.S. Department of Energy, data center load growth has tripled over the past decade and is projected to double or triple again by 2028.

Avangrid currently has 8 projects that support data centers, totaling over 1,250 Megawatts (MW), with 6 more under construction, or soon to be under construction, totaling over 800 MW in additional capacity. Avangrid is actively working on new projects that will help meet expected energy demand growth in the coming years.

“With an extensive portfolio of energy projects spread across 24 states, and a robust pipeline of over 25 GW of projects, we are in the perfect position to provide secure American energy to the country’s largest technology companies and meet an expected surge in energy demand from data center growth,” said Pedro Azagra, Avangrid CEO. “In addition to developing a pipeline of American energy supply, these projects represent massive investments that support U.S. jobs and deliver important financial benefits to the communities they’re located within.”

Avangrid has about 10.5 GW of installed energy capacity across 24 states that are currently supporting the nation’s energy needs. Avangrid’s future projects will continue to power homes, business, and schools around the country, while meeting the growing energy needs driven in part by data center proliferation.

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 24 states with approximately $47 billion in assets, and has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England and in 2024. Through its renewables business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing over 9GW of power for over 2.2 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 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.