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Avangrid (AGR) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-23 22:31
Avangrid (AGR) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 81.48%. A quarter ago, it was expected that this diversified energy and utility company would post earnings of $0.71 per share when it actually produced earnings of $0.88, delivering a surprise of 23.94%.Over the last four ...
Avangrid(AGR) - 2024 Q2 - Quarterly Results
2024-07-23 20:27
Exhibit 99.1 FOR IMMEDIATE RELEASE AVANGRID REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS Contacts: Analysts: Charlotte Ancel, Charlotte.Ancel@Avangrid.com, 203-997-7366 Media: Leo Rosales, Leo.Rosales@Avangrid.com, 518-419-2401 • Delivered first half 2024 earnings of $1.34 per share and adjusted earnings of $1.37 per share, +58% & +61% year-over-year, respectively • Executed on multi-year rate plans in New York and Maine, including more than $9 billion of investment authorized for cost recovery in New York ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates AGR, SHCR on Behalf of Shareholders
GlobeNewswire News Room· 2024-07-17 14:44
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Avangrid, Inc. (NYSE: AGR)’s sale to Iberdrola, S.A. for $35.75 per share. If you are an Avangrid shareholder, click here to learn more about your rights and options. Sharecare, Inc. (NASDAQ: SHCR)’s sale to an affiliate of Altaris, LLC for $1.43 in cash per ...
Avangrid (AGR) Begins Power Production at Texas Solar Project
ZACKS· 2024-07-16 14:42
Avangrid, Inc. (AGR) has started generating power from its True North solar project in Falls County, TX. The project has 20 MW already running, making it Avangrid’s largest solar project and the first solar project in Texas. Full operations are expected to commence by the end of the year. The True North project, with a total capacity of 238 MWac (321 MWdc), will provide renewable energy to support Meta’s net zero commitment, including powering a new data center in Temple, TX. AGR has a strong presence in Te ...
Buy 9 Sustainable Dividend Dogs Of Barron's July Top 100
Seeking Alpha· 2024-07-15 07:23
WANAN YOSSINGKUM Foreword This article is based on 100 top sustainable companies based on Calvert Research and Management's annual review of more than 230 Environmental, Social and Governance (ESG) performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions, as reported in the February 26, 2024 edition of Barron's weekly. How Barron's determined their list "To build Barron's seventh annual ranking of the most sustainable companies, Calvert Research and Management ...
Avangrid (AGR) Places First Solar Panels at Powell Creek Project
ZACKS· 2024-07-11 14:16
Avangrid Inc. (AGR) announced that it has installed the first solar panels (Golden Row) at its Powell Creek solar project in Putnam County, OH, near Miller City.The Golden Row signifies the initial row of solar panels that will serve as the blueprint for the remainder of the construction. Since the installation of Golden Row, Avangrid has proceeded with construction activities on-site. It has also successfully added more than 1,000 panels so far.Powell Creek is located on a property that is directly rented ...
Avangrid (AGR) Gains From Infrastructure & Renewable Investment
ZACKS· 2024-07-09 16:11
Avangrid, Inc. (AGR) is among the largest solar and wind generators in the United States with operations in 24 U.S. states. Its long-term capital expenditure plans, strategic investments for expansion in clean energy, share repurchase and low debt will boost the performance of the company.AGR currently has a Zacks Rank #3 (Hold). Let’s take a look at the factors that could impact the performance of the company.TailwindsAvangrid continues to pursue its organic growth strategy. In the first quarter of 2024, t ...
Dominion Energy Announces Agreement to Acquire Offshore Wind Lease From Avangrid For Potential Future Regulated Generation Development
Prnewswire· 2024-07-08 20:30
40,000-acre lease, currently known as Kitty Hawk North Wind, will be renamed CVOW-South and could support 800 MW of offshore wind generation capacity in the 2030sAcquisition provides optionality to deploy additional regulated offshore wind generation to serve unprecedented electric demand growth using all-of-the-above approach supportive of goals of Virginia Clean Economy Act Transaction value of ~$160 million consists of lease acquisition ($117 million) and associated development cost reimbursement ($43 mi ...
3 Utilities in Focus Before World Wind Day 2024
ZACKS· 2024-06-14 12:41
World Wind Day is an annual event celebrated on Jun 15 to raise awareness about the importance of wind energy and its potential to aid in the transition to a clean energy future. Global Wind Day was first celebrated in 2007 by the European Wind Energy Association (“EWEA”). In 2009, the Global Wind Energy Council joined forces with the EWEA to organize the event. The events and activities take place in more than 100 countries.The day highlights the advancements achieved in wind energy development, such as th ...
Buy 9 Sustainable Dividend Dogs Of Barron's June Top 100
Seeking Alpha· 2024-06-13 19:37
Ralf Hahn/iStock via Getty Images Foreword This article is based on 100 top sustainable companies based on Calvert Research and Management's annual review of more than 230 Environmental, Social and Governance [ESG] performance indicators, such as workplace diversity, data security, and greenhouse-gas emissions, as reported in the February 26, 2024, edition of Barron's weekly. How Barron's determined their list "To build Barron's seventh annual ranking of the most sustainable companies, Calvert Resear ...