Benzinga | Feb 19, 2021 02:09PM EST

AVANGRID Statement on Texas Cold Weather Event

The extreme cold weather in Texas has been unprecedented, resulting in outages impacting millions in the state. Despite this challenge, our team has worked safely and relentlessly to operate our Texas wind generation facilities to their maximum potential given the difficult conditions. Through our proactive and prudent risk management, we have met all of our delivery obligations in Texas and produced excess energy, contributing to the solution for Texas and for customers during this critical period. We appreciate the extra efforts by our employees as they worked in these challenging conditions to maximize the output of our wind facilities in the state, to serve our customers and help mitigate weather-related supply constraints.