WEG Lands a Transformer Deal

Avangrid, Inc., a Connecticut-based energy company, announced a strategic investment of $7 million to purchase five power transformers manufactured in Washington, Missouri by American manufacturer WEG Transformers USA.

The investment, part of Avangrid’s plan to invest $18.5 million in grid infrastructure by 2028, underscores Avangrid’s commitment to strengthening the grid while supporting American manufacturing and local jobs. The five transformers will be utilized by Avangrid utility companies Central Maine Power and New York State Electric & Gas.

“Sourcing these transformers here in the U.S. is a clear investment in American workers and American manufacturing,” said Avangrid CEO Jose Antonio Miranda. “As we move forward with our plan to direct $18.5 billion in a modern, resilient grid, we’re putting that investment to work in American factories, supporting American jobs, and strengthening the nation’s energy independence.”

“WEG Transformers USA is excited and honored to be able to provide the transformers for this critical project,” said Phillip James, VP WEG Transformers USA. “Avangrid is a long-term customer for WEG and we really appreciate the confidence that Avangrid has in WEG to provide transformers for the infrastructure projects of their utility companies in the US.”

In 2024, Avangrid grew its investment with U.S. suppliers to $4.3 billion, representing a 16% increase compared to 2023. By working with businesses in every state in the country, Avangrid sources American-made equipment for its utility companies in the Northeast and power generation projects nation-wide.