Avangrid, Inc.

AGR

Market cap $13.9B

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it grew its investment with U.S. suppliers to $4.3 billion in 2024, representing a 16% increase compared to 2023 and affirming Avangrid's commitment to supporting domestic jobs and manufacturing. By working with over 7,000 suppliers and sourcing from businesses in every state in the nation, Avangrid sources American-made equipment for its utility companies in the Nort.

ORANGE, Conn.--(BUSINESS WIRE)--Today, Avangrid, Inc., a leading energy company and member of the Iberdrola Group, responded to a call for mutual assistance in western Pennsylvania by sending crews from its Connecticut subsidiary, United Illuminating (UI), in the wake of severe storms that swept the region on Tuesday evening, April 29. In total, 30 lineworkers, four managers, and two support personnel will arrive in Pennsylvania this evening to help restore hundreds of thousands of outages in p.

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, was named a Stevie Award winner in the large energy company of the year category in the 23rd Annual American Business Awards. The American Business Awards are the U.S.A.'s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. “We are proud to be recognized by the 2025.

FAIRFIELD, Maine--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, and Central Maine Power (CMP) joined Kennebec Valley Community College (KVCC) in a ribbon-cutting ceremony for their Electrical Lineworker Technology Program. KVCC unveiled their new Derrick Digger Truck, a state-of-the-art addition to the program's training resources. The Avangrid Foundation provided $100,000 for the new vehicle that will p.

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, participated in the S&P Global Power Markets Conference this week. Avangrid CEO Pedro Azagra engaged in an Executive Dialogue moderated by Jenny Yang, Global Head of Power and Renewables Research at S&P Global Commodity Insights. The nearly hour long dialogue attended by over 400 industry leaders covered the U.S. rising energy demand and how Avangrid's robust power generation faci.

SAN ANTONIO--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has expanded an existing Power Purchase Agreement (PPA) with CPS Energy, the nation's largest municipally-owned provider of electric and natural gas services, by adding another 159.2 Megawatts (MW) of capacity from its Peñascal power generation project. As a result, the utility has doubled its offtake from Avangrid, rising from 160.8 MW to 320 MW. The additional ener.

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, hosted its eighth Innovation Forum at The Engine, a nonprofit Tough Tech incubator founded by MIT, to convene key stakeholders to showcase our progress and work towards solving the industry's biggest challenges with innovation. The event was part of the company's larger innovation week, which convened more than 150 thought leaders, startups, universities and students through presentati.

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it earned its fifth prestigious Eddy Award from Pension & Investments for the Company's innovative retirement plan offering. This accolade celebrates Avangrid's industry-leading innovation in retirement planning, reinforcing the company's steadfast dedication to empowering employees with cutting-edge financial tools and resources. Last year, Avangrid became the fi.

PUTNAM COUNTY, Ohio--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, announced that its Powell Creek solar project in Putnam County, Ohio has begun to export energy onto the local electric grid, representing new energy generation to support growing demand in Ohio and the rest of the region. Avangrid continues with commissioning activities and other related work ahead of commercial operation which is expected later this year. “Powell Creek is an impor.

ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, today announced that it supported 89 different charitable organizations during 2024, helping create a sustainable and equitable future for all. “Another exceptional year for the Avangrid Foundation. I am proud of everything that they accomplished collaborating with our partner organizations across the country,” said Pedro Azagra, Avangrid CEO.