Iberdrola receives dual recognition in the United States for its contribution to Massachusetts’ economic development

The Iberdrola Group has been recognised in the United States for the outstanding contribution of its investments and key energy infrastructure to the economic and industrial development of the state of Massachusetts, as well as to strengthening the region’s competitiveness in the global economy.

Its US subsidiary, Avangrid, has received the Annual Team Massachusetts Economic Impact Award, presented by MassEcon, the private organisation that promotes business growth in the state, and the 2026 Vision Award, the highest distinction granted by the Associated Industries of Massachusetts (AIM). Both awards underscore the positive impact of the company’s major projects on economic growth, job creation, the strengthening of local supply chains, the generation of long-term opportunities and the development of local communities.

Among the company’s flagship infrastructure projects are the 233-kilometre, 1,200 MW electricity interconnector between Canada and the United States, which brings hydroelectric power from Quebec into the New England network, and Vineyard Wind 1, the country’s first commercial-scale offshore wind farm. With an installed capacity of 806 MW, the facility can supply more than 400,000 homes and businesses in the region.

Together, these projects represent total investments of $5.6 billion (€4.7 billion) and contribute close to 2,000 MW to the Massachusetts electricity system—enough to meet approximately 25% of the state’s total demand and supply more than one million homes and businesses. Their contribution is key to ensuring a secure and sustainable energy supply, while improving access to affordable energy in a particularly sensitive context for households and businesses.

The awards granted by MassEcon— which selected just 13 companies from among thousands across Massachusetts— and AIM highlight Avangrid’s role as a key provider of essential services, underpinned by a sustained commitment to innovation, network modernisation, the deployment of new generation and transmission infrastructure, and close public-private collaboration.