AGR
Avangrid, Inc.
Delisted
AGR was delisted on the 20th of December, 2024.
About: Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates nearly 8.6 gigawatts of renewable energy projects across the US. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.6% of Avangrid and has proposed to acquire the remaining shares.
Employees: 7,999
Financial journalist opinion
Neutral
Business Wire
1 week ago
Avangrid Increases Investment with U.S. Suppliers to $4.3 Billion in 2024
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.
Neutral
Business Wire
2 weeks ago
Avangrid Deploys UI Crews to Pennsylvania to Assist with Storm Response and Restoration
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.
Neutral
Business Wire
2 weeks ago
Avangrid Honored as Stevie Award Winner in 2025 American Business Awards
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.
Neutral
Business Wire
3 weeks ago
Avangrid Foundation and Central Maine Power join Kennebec Valley Community College to Celebrate Lineworker Program Milestone
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.
Neutral
Business Wire
1 month ago
ICYMI: Avangrid CEO Pedro Azagra Discusses Grid Investment at Global Power Markets Conference
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.
Neutral
Business Wire
1 month ago
Avangrid and CPS Energy Expand Relationship to Provide Energy for Another 40,000 San Antonio Residents
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.
Neutral
Business Wire
1 month ago
Avangrid Brings Together Energy Leaders to Pursue Innovation in Grid Modernization, AI, and Resiliency
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.
Neutral
Business Wire
1 month ago
Avangrid Wins Eddy Award for Fifth Time in Five Years
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.
Neutral
Business Wire
1 month ago
Avangrid Delivers First Energy from Powell Creek Solar Project to Ohio Grid, Supporting Putnam County with Jobs and Investment
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.
Neutral
Business Wire
1 month ago
Avangrid Foundation Supported 89 Charitable Organizations Across the U.S. in 2024
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.
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