Articles from AVANGRID, Inc.
Avangrid Energy Plants Power Over 1 Million Homes and Businesses During Coldest Winter Months
Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, continues to provide electricity from its energy assets located throughout the United States, even during the depths of winter. The electricity provided by our assets is helping ensure power continues to flow to homes and businesses during a recent winter cold snap, keeping lights on and buildings warm.
By AVANGRID, Inc. · Via Business Wire · January 28, 2025
Iberdrola and Avangrid Invited to the Inauguration of President Donald J. Trump
Iberdrola and Avangrid, Inc., today announced that Iberdrola and Avangrid received an invitation to the Inauguration of President Donald J. Trump in Washington, D.C. As a leading energy company, Iberdrola and Avangrid serve more than 3.3 million homes and business customers in major metropolitan areas, through its eight electric and natural gas companies in New York and New England, and operates energy generation facilities in 23 states across the U.S. Iberdrola and Avangrid were also invited to several events to engage with congressional and federal leaders.
By AVANGRID, Inc. · Via Business Wire · January 20, 2025
Avangrid Companies in New York and Maine Honored with Dual Emergency Response Awards
Avangrid, Inc., a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has received dual Emergency Response Awards from Edison Electric Institute (EEI). The awards honor the extraordinary performance of Avangrid companies New York State Electric & Gas (NYSEG) and Central Maine Power (CMP) during recovery and restoration efforts from storms in 2024.
By AVANGRID, Inc. · Via Business Wire · January 8, 2025
Avangrid Continues to Electrify its Utility Fleet, To Significantly Grow Use of Hybrid Trucks
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 130 new hybrid bucket trucks over the next three years as it continues to electrify its fleet across its Northeast utilities. While Avangrid already uses hybrid vehicles, this procurement plan represents a significant expansion in the Company’s use of proven alternative energy sources including electric, hybrid, and green fuels.
By AVANGRID, Inc. · Via Business Wire · December 11, 2024
Avangrid Continues to Provide State-of-the-Art Training to New Hires at National Training Center, Second Cohort Graduates
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians has graduated from Avangrid’s National Training Center (NTC). Technicians from Avangrid wind projects in three different states attended two-and-a-half weeks of safety and technical training at the NTC located in Sherman County, Oregon.
By AVANGRID, Inc. · Via Business Wire · December 4, 2024
Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Solar Project in Oregon
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) NYSE: PORNYSEPOR)
By AVANGRID, Inc. · Via Business Wire · December 2, 2024
Avangrid Bolsters Commitment to Hispanic Community with First-Ever Hispanic Energy Roundtable
Today, Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, convened Connecticut’s first-ever energy-related Hispanic Roundtable. With more than 15 Hispanic leaders from across Connecticut participating, the roundtable was moderated by Julio Fuentes, the Chair of the National Hispanic Energy Council (NHEC) and Founder of the Florida State Hispanic Chamber of Commerce, while Avangrid CEO Pedro Azagra provided the keynote remarks. During the course of the roundtable, Azagra also announced its new membership in the NHEC as well as the National Hispanic Caucus of State Legislators (NHCSL). Avangrid will join the NHCSL as a Business Member, and Azagra will join the Board of Trustees of the NHEC. With the new memberships, the company, which will also provide $100,000 in financial support for the organizations and will host the energy-related Hispanic Roundtable annually, is bolstering its commitment to being a resource on energy-related issues for the Hispanic community across the United States.
By AVANGRID, Inc. · Via Business Wire · November 20, 2024
Statement from Avangrid CEO Pedro Azagra on Veterans Day
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today issued the following statement for Veterans Day.
By AVANGRID, Inc. · Via Business Wire · November 11, 2024
Applications Open for Avangrid Foundation’s Wildlife Rehabilitation Grant Program
The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSEAGR), announced today that it has opened applications for its 2024 Wildlife Rehabilitation Grant Program on Friday, Nov. 1. The company welcomes eligible wildlife organizations with its service areas to apply by midnight, November 15, 2024.
By AVANGRID, Inc. · Via Business Wire · November 1, 2024
Avangrid Committed to ‘Leading in Digital’ During Fourth Annual Digital Summit, Showcasing Technologies Advancing the Energy Sector
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, recently welcomed 13 leading technology providers to its headquarters for its fourth annual Digital Summit to showcase the latest disruptive strategies that are driving innovation in customer service, smartgrids, operations, and renewable energy. This year’s theme was ‘Leading in Digital’ and highlighted a shared commitment to accelerating the clean energy transition, digitizing the electric grid, pioneering new technologies, and advancing the energy transition.
By AVANGRID, Inc. · Via Business Wire · October 31, 2024
Avangrid Finishes Installing 105,000 Solar Modules at California Clean Energy Project
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the final solar modules at its Camino Solar project in California. The Company installed about 105,000 modules over the past four months.
By AVANGRID, Inc. · Via Business Wire · October 30, 2024
Avangrid Secures Two Lease Areas in Gulf of Maine Floating Wind Auction
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has secured two lease areas in the auction of sites for offshore wind development in the Gulf of Maine held by the federal Bureau of Ocean Energy Management (BOEM). Avangrid was named provisional winner of lease areas OCS-A 0564 (98,565 acres) for $4.9 million and OCS-A 0568 (124,897 acres) for $6.2 million. Avangrid will work to develop the lease areas, with the potential to deliver 3 Gigawatts of clean power, to help meet the energy needs of the New England region and advance the United States 30 GW offshore wind target. The lease areas also enable Avangrid to help progress floating wind technology, as the next generation of offshore wind development is increasingly sited in deeper waters.
By AVANGRID, Inc. · Via Business Wire · October 29, 2024
Avangrid Recognizes Business Partners with Supplier Awards
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, recently recognized business partners at its 2024 Avangrid Supplier Awards. The Company announced six winners at last week’s event at Avangrid’s headquarters in Orange, Connecticut.
By AVANGRID, Inc. · Via Business Wire · October 28, 2024
Avangrid’s Onshore Business Achieves First Ever Joint Health & Safety and Environmental Certifications
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, has achieved a joint certification in ISO 14001 and ISO 45001 for its Onshore Renewables business, becoming one of the first businesses within the Iberdrola Group to do so. ISO 14001 is for environmental management systems and ISO 45001 is for occupational health and safety systems.
By AVANGRID, Inc. · Via Business Wire · October 24, 2024
Avangrid Announces Close of Sale for Kitty Hawk North Offshore Lease Area to Dominion Energy
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has closed the sale of the Kitty Hawk North offshore wind lease area to Dominion Energy. The agreement, which includes the Kitty Hawk North offshore wind lease area and associated assets, is for a sale of approximately $160 million, inclusive of a payment of about $3,000 per acre for the nearly 40,000-acre lease. The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid.
By AVANGRID, Inc. · Via Business Wire · October 24, 2024
Avangrid Achieves Near-Perfect Cybersecurity Rating from SecurityScorecard
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it achieved a security score of 98 from SecurityScorecard, a global leader in cybersecurity ratings that evaluates the threats, vulnerabilities, and mitigations of over 25,000 companies. Avangrid’s score, significantly higher than the energy industry average of 86, demonstrates the Company’s commitment to the safety and security of its infrastructure, customers, and employees.
By AVANGRID, Inc. · Via Business Wire · October 23, 2024
Avangrid Third Quarter 2024 Financial Results Available on Company’s Website
Avangrid, Inc. (NYSEAGR) posted its third quarter 2024 financial results in the Investors section of the Company’s website. Interested parties can access using the following link: www.avangrid.com.
By AVANGRID, Inc. · Via Business Wire · October 22, 2024
Avangrid Named One of America’s Greenest Companies by Newsweek
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, was recently named to the Newsweek list of America’s Greenest Companies 2025, which recognizes the top 500 U.S. companies for advancements in managing their sustainability footprint.
By AVANGRID, Inc. · Via Business Wire · October 21, 2024
Avangrid Subsidiary Awarded $31.8M Federal Grant to Deploy Cutting Edge Grid Technology
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that Central Maine Power (CMP) has been awarded $31.8 million in federal funding to deploy innovative technologies to create a more modern and dynamic power grid to support the deployment of renewable energy in Maine. This grant was awarded through the U.S. Department of Energy’s Grid Resilience and Innovation Partnerships (GRIP) program and is funded by the Bipartisan Infrastructure Law.
By AVANGRID, Inc. · Via Business Wire · October 18, 2024
Avangrid Named One of the 100 Best Corporate Citizens of 2024
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, was recently recognized by 3BL, a leading sustainability communications partner, as one of the 100 Best Corporate Citizens of 2024. This prestigious ranking acknowledges Avangrid’s exceptional commitment to environmental, social, and governance transparency and performance among the largest public companies in the United States.
By AVANGRID, Inc. · Via Business Wire · October 17, 2024
Avangrid Wins Award for Achievement in Residential Customer Experience by E Source
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it was the winner of the E Source award for Achievement in Residential Customer Experience (CX). This prestigious award was presented to Avangrid representatives at the Utility Awards Ceremony held by E Source on Thursday at the closing session of Forum 2024, the 37th edition of E Source’s annual event held from October 8-10 in Denver, Colorado. Judges recognized the Avangrid CX and Digital Center of Excellence (CoE) for reaching substantial and positive outcomes for customers.
By AVANGRID, Inc. · Via Business Wire · October 15, 2024
Avangrid Wins Two 2024 American Inhouse Design Awards
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it was named a winner of two 2024 American Inhouse Design Awards by Graphic Design USA magazine. The Company’s design team won an award for the design of the 2022 Avangrid Sustainability Report. It also won for Avangrid corporate building signage and New York State Electric and Gas (NYSEG) vehicle graphics. Avangrid’s winning submissions can be found here.
By AVANGRID, Inc. · Via Business Wire · October 10, 2024
Avangrid Appoints New People & Organization (P&O) Team
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today the appointment John O’Neil as Senior Vice President of People and Organization, Khadijah “Kay” Johnson promoted to Vice Present of Reward, Anna OConnell promoted to Vice President, Business Partners, Paul Visconti promoted to Vice President of HR Operations, and Rick Bruno to serve as Interim Vice President of Health and Safety. All positions are effective immediately.
By AVANGRID, Inc. · Via Business Wire · October 9, 2024
Avangrid Schedules Third Quarter 2024 Earnings
Avangrid, Inc. (NYSEAGR) will be releasing its third quarter 2024 financial results on Tuesday, October 22, 2024, after the market closes. Earnings information will be posted to the Investors’ section of the company’s website at www.avangrid.com/wps/portal/avangrid/Investors. In addition, the company will issue a news release over Business Wire the evening of October 22nd, which will include a link to the financial results information on the company’s website.
By AVANGRID, Inc. · Via Business Wire · October 8, 2024
Avangrid Bolsters Government and Regulatory Affairs Teams to Strengthen Stakeholder Engagement and Enhance Customer Outcomes
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, has assembled a core Government and Regulatory Affairs team to continue fostering strong relationships with stakeholders across the company’s service areas in New York, Connecticut and Maine. Avangrid CEO Pedro Azagra recently met with this group’s senior leadership team, who lead Avangrid’s state government and regulatory affairs at its utilities, to discuss the company’s priorities for the rest of the year.
By AVANGRID, Inc. · Via Business Wire · October 4, 2024
Avangrid Awarded $425M Federal Capacity Contract for Maine Transmission Project
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced that the U.S. Department of Energy (DOE) selected Avangrid for a $425 million capacity contract for its Aroostook Renewable Project. The award is part of the DOE’s Transmission Facilitation Program (TFP).
By AVANGRID, Inc. · Via Business Wire · October 3, 2024
Avangrid’s Parent Company Iberdrola Unveils International Volunteer Heroes
Clean energy global leader Iberdrola has unveiled its 2024 international volunteer heroes at a prestigious awards ceremony in the UK.
By AVANGRID, Inc. · Via Business Wire · October 2, 2024
PHOTO RELEASE: Avangrid Crews Restore Power to Communities Impacted by Hurricane Helene
Avangrid, a leading sustainable energy company and member of the Iberdrola Group, shared photos of its lineworkers restoring power to residents of Woodlawn and Galax, Virginia, who were impacted by Hurricane Helene. Lineworkers traveled from utilities based in New York, Connecticut, and Maine.
By AVANGRID, Inc. · Via Business Wire · September 30, 2024
Avangrid Fully Implements Company-Wide Return to Office Policy
Avangrid, a leading sustainable energy company and member of the Iberdrola Group, announced today that the company has fully implemented its return-to-office policy, concluding remote work arrangements developed during the COVID-19 pandemic.
By AVANGRID, Inc. · Via Business Wire · September 30, 2024
Avangrid Deploys 73 Line Crews to Support Hurricane Helene Recovery Efforts
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that its electric utility companies in New York, Connecticut, and Maine will deploy lineworkers and damage assessment teams to support electric power recovery efforts in the wake of Hurricane Helene. The Category 4 hurricane left millions without power across the Southeast.
By AVANGRID, Inc. · Via Business Wire · September 28, 2024
Avangrid Declares Quarterly Dividend
Today Avangrid, Inc. (NYSEAGR) announced that its Board of Directors declared a quarterly dividend on September 26, 2024 of $0.44 per share on its Common Stock. This dividend is payable January 2, 2025 to shareholders of record at the close of business on December 2, 2024.
By AVANGRID, Inc. · Via Business Wire · September 27, 2024
Avangrid’s Clean Energy Plants Prevent over 23 Billion Pounds of Carbon Emissions Annually
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, is generating enough renewable energy across portfolio of wind, solar, and hydropower plants to avoid billions of pounds of CO2 emissions from fossil fuel energy sources. As climate advocates gather in New York for Climate Week NYC, Avangrid continues powering millions of homes and businesses across the country with clean, emissions-free generation.
By AVANGRID, Inc. · Via Business Wire · September 27, 2024
Avangrid Shareholders Approve All Proposals, Including Approval of Merger Agreement, at 2024 Annual Meeting
Avangrid, Inc. (NYSEAGR) (“Avangrid” or the “Company”) today announced that its shareholders voted to adopt the Agreement and Plan of Merger (the “Merger Agreement”), whereby Iberdrola, S.A. (“Iberdrola”) will acquire the remaining 18.4% of the issued and outstanding stock of Avangrid that it does not currently own. According to the preliminary results announced at Avangrid’s Annual Meeting of Shareholders, a majority of Avangrid’s shareholders voted in favor of the Merger Agreement.
By AVANGRID, Inc. · Via Business Wire · September 26, 2024
Avangrid Again Named a Leading Utility for Decarbonization
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it is once again one of the nation’s top two public utilities for decarbonization, according to the National Public Utilities Council’s (NPUC) Annual Utility Decarbonization Report. This annual report uses the latest complete data to analyze the decarbonization efforts of the largest investor-owned utilities in the United States. For the second consecutive year Avangrid ranked second overall.
By AVANGRID, Inc. · Via Business Wire · September 25, 2024
Avangrid Earns 2024 Military Friendly Employer Designation
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that is has earned the Military Friendly Employer designation. Additionally, Avangrid taken the Military Friendly pledge to solidify the company’s vested interest and commitment to the military community.
By AVANGRID, Inc. · Via Business Wire · September 23, 2024
Avangrid CEO Pedro Azagra Statement on Climate Week NYC
Pedro Azagra, CEO of Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today issued the following statement at the start of Climate Week NYC.
By AVANGRID, Inc. · Via Business Wire · September 22, 2024
Avangrid Foundation Provides $45,000 in Grants to Berkshire County Arts Organizations
The Avangrid Foundation, the primary philanthropic arm of Berkshire Gas’s parent company Avangrid, Inc. (NYSEAGR), announced today that it has provided a total of $45,000 in grants to four nonprofits in the Berkshires dedicated to the arts: Barrington Stage Company, Hancock Shaker Village, Mahaiwe Performing Arts and MASS MoCA.
By AVANGRID, Inc. · Via Business Wire · September 18, 2024
Maine Public Utilities Commission Approves Avangrid’s Request for Merger Exemption
Today Avangrid, Inc. (NYSEAGR) (“Avangrid”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“the Iberdrola Group”), announced that the Maine Public Utilities Commission (the “Maine PUC”) granted Avangrid’s request for an exemption from approval requirements for a change in ownership of Avangrid in connection with Iberdrola S.A.’s (“Iberdrola”) acquisition of the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own. In Maine, this transaction will simply revert to Iberdrola’s previously authorized 100% interest it held following its acquisition of Avangrid’s predecessor in 2008. The Maine Public Utilities Commission’s final written order providing for the exemption is expected to follow.
By AVANGRID, Inc. · Via Business Wire · September 17, 2024
ISS and Glass Lewis Both Recommend a Vote “FOR” the Merger of Iberdrola and Avangrid
Today Avangrid, Inc. (NYSEAGR) (“Avangrid” or the “Company”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”), two leading independent proxy firms, have both recommended that Avangrid shareholders vote “FOR” the adoption of the Agreement and Plan of Merger (the “Merger Agreement”), dated as of May 17, 2024, by and among Iberdrola, S.A., a corporation organized under the laws of Spain (“Iberdrola”), Arizona Merger Sub, Inc., a New York corporation and wholly-owned subsidiary of Iberdrola (“Merger Sub”), and Avangrid (the “Merger Agreement Proposal”). The Merger Agreement provides that, upon the terms and subject to the satisfaction or waiver of the conditions set forth therein, Merger Sub will merge with and into Avangrid (the “Merger”), with Avangrid continuing as the surviving corporation and a wholly-owned subsidiary of Iberdrola.
By AVANGRID, Inc. · Via Business Wire · September 16, 2024
Avangrid Welcomes First Class to Newly Built National Training Center
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, this week welcomed the first class of students at its newly-built National Training Center (NTC) located in Sherman County, Oregon. The state-of-the art facility was built this summer and is located near many of the Company’s existing wind and solar facilities. Ten newly hired Avangrid technicians from five different states make up the first cohort and will go through two-and-a-half weeks of safety and technical training.
By AVANGRID, Inc. · Via Business Wire · September 12, 2024
Avangrid Shines With 22 Top Awards in 2024
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has earned 22 awards and recognitions in the first six months of 2024. These accolades span all aspects of its businesses and are from well-respected organizations such as TIME, Ethisphere, JUST Capital, Forbes, Disability:IN and Top Employers Institute. In addition, Avangrid CEO Pedro Azagra earned the prestigious honor this year of a being named a Trailblazer in Clean Energy by City & State.
By AVANGRID, Inc. · Via Business Wire · September 10, 2024
Avangrid Begins Installing Modules at Camino Solar
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, has begun installing the first of about 105,000 solar modules at its Camino Solar project in California. With a capacity of 44 MWac (57 MWdc), Camino Solar is expected to generate the same amount of energy consumed by about 14,000 U.S. homes annually.
By AVANGRID, Inc. · Via Business Wire · September 9, 2024
Avangrid’s New England Wind 1 Project Selected by Massachusetts In Offshore Wind Solicitation
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has been awarded 791 Megawatts (MW) by the Commonwealth of Massachusetts in the multi-state regional offshore wind solicitation. New England Wind 1 is an offshore wind development located in federal lease area OCS-A-0534, roughly 30 miles south of Barnstable, Massachusetts and making landfall under the Craigville Beach parking lot in Barnstable.
By AVANGRID, Inc. · Via Business Wire · September 6, 2024
Avangrid Announces Receipt of Federal Energy Regulatory Commission Approval
Today Avangrid, Inc. (NYSEAGR) (“Avangrid”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that it has received Federal Energy Regulatory Commission (“FERC”) approval of Iberdrola’s acquisition of the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own.
By AVANGRID, Inc. · Via Business Wire · September 5, 2024
Iberdrola Subsidiary Avangrid Recognized as a Top Employer 2024 in the United States
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that is has been certified as a Top Employer 2024 in the United States by Top Employers Institute. This certification showcases Avangrid’s dedication to a better world of work and exhibits this through excellent HR policies and people practices.
By AVANGRID, Inc. · Via Business Wire · September 5, 2024
Avangrid Earns Back-to-Back Patriot Award for Outstanding Support of National Guard and Reserve Employees
For the second consecutive year, Avangrid, Inc. (NYSEAGR) team members have received the prestigious Patriot Award from the Department of Defense’s Employer Support of the Guard and Reserve (ESGR) department. The honor was presented to Avangrid’s Vice President and Chief Security Officer and U.S. Marine Corps veteran Brian Harrell, Director of Physical Security and U.S. Air Force veteran Roger Hicks and Senior Manager of Physical Security David McGill for going above and beyond to support uniformed team members who serve as a part of the National Guard and Reserve.
By AVANGRID, Inc. · Via Business Wire · September 4, 2024
Avangrid Reports Significant Gains in Customer Service Metrics Across its Utilities
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today improved customer service metrics across its operating companies in Maine, New York and Connecticut.
By AVANGRID, Inc. · Via Business Wire · August 30, 2024
Avangrid Completes Module Installation at True North Solar project
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, recently installed the final modules at True North Solar, a significant achievement for the 238 MWac (321 MWdc) clean energy project located in Falls County, Texas. Avangrid installed more than 488,000 solar modules at the site over the past several months, accomplishing this milestone ahead of schedule.
By AVANGRID, Inc. · Via Business Wire · August 26, 2024
Liberna Charles and Ruth Thompson Named 2024 Women on the Rise by Paradigm for Parity
This Women’s Equality Day, Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, is shining the spotlight on two of its women leaders: Liberna Charles, vice president of talent management and diversity, equity and inclusion (DEI), and Ruth Thompson, analyst, DEI, who have both been named 2024 Women on the Rise by Paradigm for Parity. This annual recognition honors exceptional women in corporate leadership who are breaking barriers, advancing gender parity and promoting racial equity in the workforce.
By AVANGRID, Inc. · Via Business Wire · August 26, 2024
Avangrid Leverages Data to Boost Grid Reliability and Customer Satisfaction
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, has launched a new initiative focused on improving reliability and grid resiliency for its electric customers—using data analytics to prioritize proactive tree maintenance. This innovative method, which analyzes potential impact, historical reliability and risk, is being piloted at Avangrid’s New York subsidiaries—New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E)—and has already delivered significant benefits to customers.
By AVANGRID, Inc. · Via Business Wire · August 21, 2024
Avangrid’s DEI and HR Leadership Teams Launch New Effort Following Elevation of Direct Reporting to CEO
After recently elevating its Diversity, Equity, and Inclusion (DEI) team to report directly to the CEO, Avangrid, Inc. (NYSEAGR) is launching a new initiative to advance its DEI efforts across the organization. Newly appointed Senior Vice President of DEI, Talent and Innovation, Ignacio Estella, will hold “Listen, Understand and Enable” conversations with leaders across Avangrid. This initiative stems from a recent meeting between Avangrid CEO Pedro Azagra, Estella, and other senior leaders from People and Organizations where they discussed ways that Avangrid can continue to build a culture of inclusion, safety and professional development.
By AVANGRID, Inc. · Via Business Wire · August 20, 2024
CMP: Bizarre Forklift Incident Highlights Benefits of a Modern Grid
Early Sunday morning, joyriding vandals stole an industrial forklift and drove its boom into high voltage transmission lines in the Lewiston-Auburn area, cutting power to nearly 7,000 customers. No one was hurt and police continue to investigate.
By AVANGRID, Inc. · Via Business Wire · August 20, 2024
Avangrid Subsidiaries NYSEG and RG&E Install More Than 700,000 Smart Meters Across Upstate New York
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, and its subsidiaries New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) today announced installation of more than 700,000 smart meters for electric and natural gas customers statewide. Upgrades are currently focused on seven NYSEG and RG&E divisions including Ithaca, Rochester, Brewster, Sodus, Binghamton, Canandaigua, Lancaster, and Hornell, as well as for new builds and meter replacements in other parts of the state.
By AVANGRID, Inc. · Via Business Wire · August 20, 2024
Avangrid and Statkraft Sign Second Virtual Power Purchase Agreement (VPPA) In the Past Nine Months
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a short-term Virtual Power Purchase Agreement (VPPA) for energy from Avangrid’s 35 MW Casselman wind farm in Pennsylvania. This marks the second such deal between the two companies within the past nine months as they strengthen their growing relationship in the United States.
By AVANGRID, Inc. · Via Business Wire · August 15, 2024
Avangrid Eclipses 9GW of Installed Capacity at Wind and Solar Sites Powering Over 2 Million Homes
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, has eclipsed 9 Gigawatts (GW) of installed capacity at its onshore wind and solar sites this summer.
By AVANGRID, Inc. · Via Business Wire · August 13, 2024
ADDING MULTIMEDIA Avangrid Appoints New Chief Information Officer
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today the appointment of Nelly Jefferson to Chief Information Officer (CIO), effective September 16.
By AVANGRID, Inc. · Via Business Wire · August 8, 2024
Avangrid Achieves Global Recognition for Sustainability Progress in FTSE4Good Index
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, has announced it has once again been included in the global FTSE4Good Index Series, which measures the performance of companies demonstrating strong sustainability practices. This is Avangrid’s seventh consecutive year as a member of the Index and Iberdrola has been ranked on it since 2009.
By AVANGRID, Inc. · Via Business Wire · August 2, 2024
Avangrid’s Internship Experience Ranks in America’s Top 100 Programs
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has been selected for the 2024 Yello Top 100 Internship Programs List. Avangrid earned its spot on this competitive list for its outstanding Internship and Graduate programs.
By AVANGRID, Inc. · Via Business Wire · July 31, 2024
Avangrid Second Quarter 2024 Financial Results Available on Company’s Website
Avangrid, Inc. (NYSEAGR) posted its second quarter 2024 financial results in the Investors section of the Company’s website. Interested parties can access using the following link: www.avangrid.com.
By AVANGRID, Inc. · Via Business Wire · July 23, 2024
Avangrid Leads the Charge in 2024 for Diversity, Equity, and Inclusion
Avangrid, Inc. (NYSEAGR), a leading sustainable company and member of the Iberdrola Group, is setting a new industry standard when it comes to championing an inclusive culture that celebrates diversity, promotes equity and fosters an environment where every voice is heard and valued. The company announced today its major diversity, equity and inclusion (DEI) successes so far in 2024, which includes earning prestigious honors from Forbes and Disability:IN.
By AVANGRID, Inc. · Via Business Wire · July 19, 2024
Avangrid Named a Best Place to Work for Disability Inclusion
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, has been named a Best Place to Work for Disability Inclusion by Disability:IN, Avangrid earned its place on this prestigious list by receiving the maximum score of 100 on the 2024 Disability Equality Index®, the world’s most comprehensive benchmarking tool for disability workplace inclusion policies and programs, for the company’s forward-thinking disability inclusion practices.
By AVANGRID, Inc. · Via Business Wire · July 19, 2024
Avangrid Declares Quarterly Dividend
Today Avangrid, Inc. (NYSEAGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable October 1, 2024 to shareholders of record at the close of business on September 2, 2024.
By AVANGRID, Inc. · Via Business Wire · July 16, 2024
Avangrid Produces First Energy from True North Solar Project in Texas, Construction Continues On Schedule
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced that it has begun to produce power from the True North solar project in Falls County, Texas, near Waco. With 20 MW commissioned thus far, this marks another major milestone for what will become the largest solar power project in Avangrid’s portfolio, and its first solar project in Texas.
By AVANGRID, Inc. · Via Business Wire · July 15, 2024
Avangrid Earns Security Award for State Fusion Cell Partnership
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has been named a winner of a 2024 CSO Award from Foundry’s CSO for its industry-leading intelligence program. This prestigious honor is bestowed upon select organizations that have implemented security projects and initiatives that demonstrate outstanding business value and thought leadership. Avangrid was selected in the Intelligence and Security Organization category for its partnership with a state fusion cell.
By AVANGRID, Inc. · Via Business Wire · July 12, 2024
Avangrid Named to TIME’s America’s Best Mid-Size Companies 2024
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, has been awarded to TIME’s inaugural list of America’s Best Mid-Size Companies 2024. This prestigious honor is presented to companies with superior sustainability transparency, revenue growth, and employee satisfaction.
By AVANGRID, Inc. · Via Business Wire · July 11, 2024
Avangrid Installs First Solar Panels at Powell Creek Project in Ohio
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced that it recently installed the “Golden Row” at its Powell Creek solar project in Putnam County, Ohio near Miller City. The Golden Row represents the first row of solar panels for which the rest of construction will be modeled after. With the Golden Row in place, Avangrid has continued work on site and installed more than 1,000 panels to date.
By AVANGRID, Inc. · Via Business Wire · July 10, 2024
Avangrid Schedules Second Quarter 2024 Earnings
Avangrid, Inc. (NYSEAGR) will be releasing its second quarter 2024 financial results on Tuesday, July 23, 2024, after the market closes. All second quarter earnings information including presentation and news release will be posted to the Investors’ section of the company’s website at www.avangrid.com/wps/portal/avangrid/Investors. The company will issue an advisory news release over Business Wire the evening of July 23rd, which will include a link to the financial results information on the company’s website.
By AVANGRID, Inc. · Via Business Wire · July 9, 2024
Avangrid Announces Agreement for Sale of Kitty Hawk North Offshore Lease Area to Dominion Energy
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced an agreement for the sale of the Kitty Hawk North offshore wind lease area to Dominion Energy. The agreement, which includes the Kitty Hawk North offshore wind lease area and associated assets, is for a sale of approximately $160 million, inclusive of a payment of about $3,000 per acre for the nearly 40,000-acre lease. The sale price consists of a lease acquisition payment of $117 million and associated development cost reimbursement to Avangrid.
By AVANGRID, Inc. · Via Business Wire · July 8, 2024
Avangrid, Town of Barnstable Reaffirm Host Community Agreement for New England Wind 1 Project
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the company and the Town of Barnstable have reaffirmed the Host Community Agreement (HCA) for the New England Wind 1 offshore wind project landing at Craigville Beach through a side agreement entered into by Park City Wind LLC and the Town. The side agreement, a supplement to the original HCA signed by Park City Wind and the town in May 2022, was announced at a Barnstable Town Council meeting on Thursday, June 27, 2024. The side agreement serves as a complement to the HCA, providing additional financial and supportive benefits to the Town building on the original agreement.
By AVANGRID, Inc. · Via Business Wire · July 8, 2024
Avangrid Garners 15 Prestigious Accolades in the First Half of 2024
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has earned fifteen awards and recognitions in the first six months of 2024. These accolades span all aspects of its businesses and are from well-respected organizations such as USA Today, Ethisphere, JUST Capital, Forbes, Edison Electric Institute and Barron’s. In addition, Avangrid CEO Pedro Azagra earned the prestigious honor this year of a being named a Trailblazer in Clean Energy by City & State.
By AVANGRID, Inc. · Via Business Wire · July 3, 2024
Avangrid Receives Full Federal Approval for Construction of New England Wind Offshore Projects
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has received full federal approval of the Construction and Operations Plan (COP) for the New England Wind 1 and 2 offshore projects. The approval of the COP follows the favorable Record of Decision (ROD) issued by the Biden Administration in April 2024. The approval represents a critical milestone, and largely completes the federal, state, and local permitting process for Avangrid’s 791 Megawatt New England Wind 1 project. The approval of the COP by the Bureau of Ocean Energy Management comes after years of robust stakeholder engagement with Tribal Nations, members of local residential and fishing communities, and other ocean users. The New England Wind 1 and New England Wind 2 projects have the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region. As the leading offshore wind developer in the United States, Avangrid is spearheading the development of the first-in-the-nation Vineyard Wind 1 project, currently under construction and delivering clean, reliable power to 64,000 homes and businesses in Massachusetts.
By AVANGRID, Inc. · Via Business Wire · July 1, 2024
Avangrid Launches New National Campaign to Reaffirm Commitment to Clean Energy Transition
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced the launch of “Where Energy Meets Humanity,” a brand awareness campaign celebrating its workforce and reaffirming the company’s commitment to accelerating the country’s clean energy transition.
By AVANGRID, Inc. · Via Business Wire · June 26, 2024
Avangrid Commissions 10 Vineyard Wind 1 Turbines Totaling 136 MW
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment and in offshore wind development through its affiliate Vineyard Offshore, today announced that the Vineyard Wind 1 project is now delivering more than 136 Megawatts (MW) to the electric grid in Massachusetts, making it the largest operating offshore wind project in the United States. The first large-scale offshore wind project in the United States, Vineyard Wind 1 now has 10 turbines in operation totaling approximately 136 MW, enough to power 64,000 homes and businesses in the Commonwealth. Vineyard Wind 1 has currently installed 47 foundations and transition pieces and 21 turbines, with installation of the 22nd turbine underway. The project will be the largest renewable energy facility in New England once fully operational, delivering 806 Megawatts – enough clean electricity to power 400,000 homes and businesses.
By AVANGRID, Inc. · Via Business Wire · June 25, 2024
Avangrid Companies in New York and Maine Honored with Dual Emergency Response Awards
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has received dual Emergency Response Award from Edison Electric Institute (EEI). The awards honor the extraordinary performance of Avangrid companies New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) and Central Maine Power (CMP) during recovery and restoration efforts from winter storms this past year.
By AVANGRID, Inc. · Via Business Wire · June 21, 2024
Avangrid Launches AI Energy Assistant to Enhance Customer Satisfaction and Experience
Avangrid, Inc. (NYSEAGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has launched an artificial intelligence (AI) pilot aimed at enhancing customer service at its utility subsidiaries. Ava, an AI energy assistant, is now available for customers of Avangrid’s New York subsidiaries, New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E). The company plans to roll out this new feature at its subsidiaries in Maine (Central Maine Power) and Connecticut (United Illuminating) as well later this year.
By AVANGRID, Inc. · Via Business Wire · June 18, 2024