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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InAvangrid, the US subsidiary of Spanish utility giant Iberdrola, has officially surpassed 11 GW of installed energy capacity in the United States. This milestone reflects the company's strategic expansion to meet the rapidly growing electricity needs of the domestic market. The primary driver behind this growth is the massive surge in energy demand from data centers supporting the global AI revolution. As AI infrastructure continues to scale, utilities like Avangrid are positioning themselves as critical infrastructure providers for big tech. This expansion strengthens Iberdrola's footprint in the US renewable and utility sectors at a pivotal time. Investors are increasingly focused on the utility sector's ability to capitalize on the intersection of green energy and technological advancement.