Avangrid Terminates Park City Wind Project's Power Purchase Agreements Amid Economic Challenges
Portfolio Pulse from Benzinga Newsdesk
Avangrid (AGR) has terminated the power purchase agreements for its Park City Wind Project due to economic challenges.

October 03, 2023 | 6:26 am
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NEGATIVE IMPACT
Avangrid's decision to terminate the power purchase agreements for its Park City Wind Project could potentially impact its revenue and profitability.
The termination of the power purchase agreements for the Park City Wind Project means that Avangrid will not be able to sell the power generated by the project, which could lead to a decrease in revenue and profitability. This could negatively impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100