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Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence
Businesswire· 2024-02-08 19:00
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 ...
ICYMI: Avangrid CEO Pedro Azagra Guest on CNBC's "Squawk Box" to Discuss JUST 100 Ranking
Businesswire· 2024-02-07 18:47
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 ...
True North Solar Project Achieves Construction Milestone with Delivery of Main Power Transformers
Businesswire· 2024-02-06 17:28
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 ...
Avangrid Ranks First Among Utilities on 2024 JUST 100
Businesswire· 2024-02-05 14:05
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, ...
3 cheap utility stocks that shouldn't be so
MarketBeat· 2024-02-05 11:07
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 ...
Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study
Businesswire· 2024-02-02 20:19
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 ...
Avangrid Partners with SUNY Broome Community College to Launch New Lineworker Training Program
Businesswire· 2024-02-01 17:13
Core Insights - Avangrid, Inc. has launched a Lineworker Training Program in partnership with SUNY Broome Community College and IBEW, attracting significant interest with over 100 students attending information sessions [1][2] - The program aims to prepare students for skilled positions in the energy sector, combining classroom instruction with hands-on training and offering a paid internship [2] - Avangrid emphasizes the importance of electrical workers for maintaining and improving the grid, especially in response to severe weather events [3] Company Overview - Avangrid, Inc. is a leading sustainable energy company with approximately $41 billion in assets and operations across 24 U.S. states, serving over 3.3 million customers [5] - The company operates in two primary sectors: networks and renewables, employing more than 7,500 people and recognized for its commitment to environmental sustainability [5] - Avangrid has received accolades for its corporate citizenship, ranking among the JUST 100 companies and being named one of the World's Most Ethical Companies in 2023 [5]
Avangrid Schedules Fourth Quarter & Full Year 2023 Earnings Release and Conference Call & Announces 2024 Investor Day
Businesswire· 2024-01-31 18:00
Core Viewpoint - Avangrid, Inc. is set to release its fourth quarter and full year 2023 financial results on February 21, 2024, followed by a conference call on February 22, 2024, to discuss the results and provide a strategic update [1][2]. Financial Results Announcement - The financial results will be published after market close on February 21, 2024, with an advisory news release to follow [1]. - A webcast conference call for financial analysts will take place on February 22, 2024, at 9:00 A.M. ET, featuring an overview of the financial results and a Q&A session [1]. Investor Day - Avangrid will host its 2024 Investor Day on March 22, 2024, at the New York Stock Exchange, focusing on strategic plans and financial outlook [2]. - The event will include a Q&A session and will be accessible via a live webcast, with materials available in the Investors' section of the company's website [2]. Company Overview - Avangrid, Inc. is headquartered in Orange, CT, with approximately $41 billion in assets and operations across 24 U.S. states [3]. - The company operates in two primary sectors: networks and renewables, serving over 3.3 million customers through its electric and natural gas utilities [3]. - Avangrid has been recognized as one of America's best corporate citizens and ranked first in the utility sector for environmental commitment in 2023 [3]. - The company supports the U.N.'s Sustainable Development Goals and has been named among the World's Most Ethical Companies for five consecutive years [3].
AVANGRID (AGR) Initiates First Onshore Wind Project in Oklahoma
Zacks Investment Research· 2024-01-31 14:26
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 ...
Avangrid Announces First Onshore Wind Project in Oklahoma, Will Expand Company's U.S. Footprint to 25 states
Businesswire· 2024-01-30 17:30
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced its first renewable energy project in Oklahoma. Pontotoc Wind, a 147.5 MW wind farm with 33 turbines, powering 40,000 homes, will be constructed in Pontotoc County, Oklahoma and expand Avangrid’s presence in the U.S. to 25 states. “We are thrilled to be developing our first renewable energy project in Oklahoma, that will deliver clean, renewable, wind power ...