ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable company and member of the Iberdrola Group, is marking Women’s History Month and International Women’s Day by recognizing the many contributions of its growing female workforce. Today, women make-up more than 27% of Avangrid’s approximate 8,000 employees and more than 35% of the company’s senior leadership positions1 are held by women. According to the U.S. Department of Energy, women make-up 26% of the energy workforce, and ...

Avangrid (AGR) shares ended the last trading session 13% higher at $36.24. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 5.5% gain over the past four weeks.The Spanish utility Iberdrola SA made a non-binding cash offer for $34.25 per share for Avangrid to acquire to buy all the shares it doesn’t already own in its subsidiary Avangrid.  The offer implies a 10% premium over Avangrid’s average price for the past 30 ...

Shares of Avangrid (AGR 12.97%) rose 13% on Thursday after the electric and gas utility and renewable energy provider announced that it has received a "take private" proposal from its majority stakeholder Iberdrola, S.A. (IBDSF 3.44%).Iberdrola wants to take Avangrid privateIn a press release earlier today, Avangrid announced it has received a non-binding proposal from electric utility giant Iberdrola to acquire all issued and outstanding common shares of Avangrid it doesn't already own for $34.25 in cash p ...

VIRGINIA BEACH, Va.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the release of a comprehensive economic assessment, the Kitty Hawk Wind: Economic & Fiscal Impact report. The report finds that the Kitty Hawk Wind project will deliver approximately $4.8 billion in economic impact across Virginia, including $1.2 billion in the City of Virginia Beach. As part of this larger economic benefit, the report calculates that the ...

ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A., announced that the Unaffiliated Committee of its Board of Directors received a non-binding proposal from Iberdrola, S.A. on March 6, 2024 to acquire all of the issued and outstanding shares of common stock of Avangrid not owned by Iberdrola, S.A. or its affiliates for $34.25 in cash per share. Iberdrola, S.A. owns approximately 81.6% of ...

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, is continuing to prioritize their employees’ financial security and health by joining The Worker Financial Wellness Initiative by JUST Capital and PayPal. The Initiative, established in collaboration with the Financial Health Network and Good Jobs Institute, offers resources to help companies assess and improve workers’ financial health. “We want to be a company that attract ...

Avangrid Inc.’s (AGR) long-term capital expenditure plans will further assist in upgrading its infrastructure and facilities. The company is expanding its clean energy generation capacity, which will boost its performance. Given its growth opportunities, AGR makes for a solid investment option in the utility sector.Let’s focus on the factors that make this currently Zacks Rank #2 (Buy) company a strong investment pick at the moment.Growth ProjectionsThe Zacks Consensus Estimate for 2024 earnings per share ( ...

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area. The FEIS represents a significant permitting milestone that brings the project closer to full federal approval, with a Record of Decision (ROD) anticipated in April 2024 and Construction and Operations Plan (COP) Approval ant ...

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has begun construction on its National Training Center (NTC). Located near Moro, Ore., close to several wind farms owned and operated by the company, the NTC will be a world-class facility capable of training and upskilling Avangrid technicians across a variety of wind and solar technologies. “We are incredibly proud to see this project come to life ...

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 green energy investment and in offshore wind development through its affiliate Vineyard Offshore, today announced that the Vineyard Wind 1 project has launched its Fisheries Compensatory Mitigation Program. The third party administered program seeks to provide fair, equitable compensation to commercial fishermen for econ ...