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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 ...
Business Leaders Are Overwhelmingly Positive About the Green Transition, but More Needs to Be Done to Implement Green Skills Programmes
Businesswire· 2024-01-17 20:34
ORANGE, Conn.--(BUSINESS WIRE)--Most business leaders believe that responsibility for driving the green transition rests with the private sector rather than policymakers, with the vast majority anticipating more opportunities than challenges. However, rapid progress to a lower carbon economy is under threat from the failure of companies to develop and source sufficient green skills, according to the Green Skills Outlook – new research from Economist Impact, supported by Avangrid’s parent company and Europe’ ...
Avangrid Foundation Provides More Than $2.8 Million in Grants in 2023
Businesswire· 2024-01-16 18:21
ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), has announced it provided more than $2.8 million in grants to 97 different organizations during 2023 to help create a more sustainable and equitable future. This brings the Avangrid Foundation and its predecessors’ total investments to more than $38.9 million in partnerships since its founding in 2001. “Every day, we make it a priority and a focus on creating lo ...
Avangrid's Early Career Programs Named in Top 50 in the United States by RippleMatch
Businesswire· 2024-01-10 18:07
ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that its early career programs have been named among the best in the United States by RippleMatch in their 2024 Campus Forward Awards. Avangrid was selected among the Top 50 Midsize Early Career Programs for the company’s Internship and Global Graduate programs. “Avangrid’s early career programs are the foundation of our workforce because they ensure we ...
CIP and Avangrid Announce First Power from Vineyard Wind 1
Newsfilter· 2024-01-03 15:12
BOSTON, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, at 11.52 pm on Tuesday, January 2, 2024, one turbine delivered approximately five megawatts of power, w ...
Avangrid, CIP Announce First Power from Nation-Leading Vineyard Wind 1 Project
Businesswire· 2024-01-03 14:42
BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, at 11:52PM on Tuesday, January 2, 2024, one turbine delivered approximately five megawatts of power, with additional te ...
Avangrid ends $8B deal to acquire PNM Resources; cites regulatory hurdle
Proactive Investors· 2024-01-02 08:44
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Avangrid Statement on PNM Resources, Inc. Merger
Businesswire· 2024-01-02 06:00
ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement today on the previously announced merger agreement with PNM Resources, Inc. (PNM). “Since 2020, Avangrid, a national leader in clean energy, has fought to gain approval of its merger with PNM, a merger that would bring over $300 million in benefits to PNM consumers and communities and utilize the company’s vast experience, and the experience of I ...
FERC Rules in Favor of Avangrid in California Energy Crisis Litigation
Businesswire· 2023-12-21 20:14
ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) announced that the Federal Energy Regulatory Commission (FERC) issued a decision in favor of Avangrid Renewables, LLC (Renewables), an indirect, wholly-owned subsidiary of Avangrid, in the litigation related to the California energy crisis of 2000-2001. The case was originally brought in 2002 by two California agencies with respect to a long-term power purchase agreement entered into by Iberdrola Renewables, LLC (now, Renewables), as seller ...
Avangrid(AGR) - 2023 Q3 - Earnings Call Presentation
2023-10-28 19:54
Results Presentation Third Quarter Results Presentation Legal Notice Third quarter 2023 FORWARD LOOKING STATEMENTS Certainstatementsinthisreleasemayrelatetoourfuturebusinessandfinancialperformanceandfutureeventsordevelopmentsinvolvingusandoursubsidiariesthatarenotpurelyhistorical and may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-lookingtermssuchas “may,”“will,”“should, ...