PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the global tra ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today a pilot project with Levatas and Boston Dynamics to advance substation inspections using artificial intelligence (AI) with the goal of increasing reliability for customers. This project will deploy an extremely capable mobile robot called Spot® modeled after a dog to complete visual and thermal inspections at two substations of its Connecticut subsidiary, United ...

ORANGE, Conn.--(BUSINESS WIRE)--Pedro Azagra, CEO of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, was featured as a guest on CNBC’s “Squawk Box” on Wednesday, January 7, 2024 to discuss the company’s recent JUST 100 ranking and the state of the clean energy industry. VIDEO: Avangrid CEO Pedro Azagra on #12 Just 100 ranking A rough transcript of the interview is below: Becky Quick: Earlier this week JUST Capital announced its annual JUST 100 list of ...

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has delivered and installed both Main Power Transformers at its True North solar project, marking a major milestone for the company’s first solar farm in Texas. Module and racking system installation also continues to progress on site as overall project construction remains on schedule. “We are thrilled to see construction at True North progressing s ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today was recognized for the fourth consecutive year on the annual JUST 100—a list of America’s best corporate citizens published by JUST Capital and its media partner CNBC. This year Avangrid earned the top rank among utilities, up from second in 2023, and improved its overall ranking to 12, up from 45 in 2023, for its commitment to serving its workers, customers, communities, ...

Key PointsUtility stocks could see a swift benefit amid the escalating conflicts in the Red Sea, and investors could look to the sector's stability.Some stocks quickly shine within that space as potential high-growth stories at a discount. Analyst price targets serve to close the loop between theory and practice.5 stocks we like better than Lockheed MartinEveryone is worrying about the rising effects of the Red Sea conflict. Most investors will likely see success in following the pop in oil prices through s ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has partnered with the Goldfarb Center for Public Affairs and Economics Department at Colby College in Waterville, Maine to conduct an independent-study and global experience focusing on theoretical ESG (Environmental, Social, and Governance) and its real-world applications. This first-of-its-kind program at Colby leverages Avangrid and Iberdrola’s ESG e ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today it has partnered with SUNY Broome Community College and the International Brotherhood of Electrical Workers (IBEW) to launch a new Lineworker Training Program. The program is off to a strong start and is receiving high interest from students—more than 100 students have already attended information sessions to learn more about enrolling in the program, which focu ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) will be releasing its fourth quarter & full year 2023 financial results on Wednesday, February 21, 2024, after the market closes in a news release to 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 February 21st, which will include a link to the financial results news release on the company’s website. In c ...

AVANGRID, Inc. (AGR) announced its first onshore wind project in Oklahoma, a 147.5-megawatt (MW) wind farm with 33 turbines called Pontotoc Wind. The project will generate about 500,000 megawatt-hour of power each year.This project will be constructed in Pontotoc County. It will deliver clean, renewable wind power to 40,000 homes and expand AVANGRID’s presence in the United States to 25 states.The construction work is expected to start in 2024. AGR anticipates the project to benefit the neighborhood for alm ...