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Nike, Avangrid near settlement in $31M clean energy dispute
Dec 30, 2024•over 1 year ago
Contract Type
settlement
PennsylvaniaEnergyRenewable EnergyBiomass Energy
Description
Nike and Avangrid are reportedly close to settling a $31 million dispute over a Texas wind power contract. The dispute involves a 'virtual power purchase agreement' and the issue of 'price adders' following Winter Storm Uri in February 2021.
Company Information
Company
Avangrid and Statkraft
Location
Pennsylvania, United States
About
Avangrid, Inc. is a leading sustainable energy company and member of the Iberdrola Group. Statkraft is Europe’s largest producer of renewable energy.
Predictive Intelligence
Strategic
ML-powered predictions for Avangrid and Statkraft's next move
PennsylvaniaEnergyRenewable EnergyBiomass Energy