Iberdrola launches upgrade of 1,300 km of New York transmission lines
Bitget2026/11/08 11:37Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Iberdrola launches a program through Avangrid to upgrade more than 230 transmission lines spanning 1,300 kilometers in New York State.
- Work will continue through 2031 to increase grid capacity for growing electricity demand and improve resilience to extreme weather.
- The program complements planned investment of more than EUR 8.5 billion in US electricity distribution networks by 2028.
- Its US regulated network asset base is expected to reach around EUR 30 billion by 2031, from nearly EUR 16 billion.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iberdrola SA published the original content used to generate this news brief on November 08, 2026, and is solely responsible for the information contained therein.
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