Avangrid Rides on Investments & Expanding Renewable Portfolio

Avangrid Inc.’s (AGR) consistent investments are expected to aid its infrastructure and facilities further and boost its performance. The company’s expanding wind and solar generation portfolio also acts as a tailwind.However, failure in accomplishing the projects within time and budget and stringent regulations act as headwinds.Tailwinds for AvangridAvangrid invested $3 billion in 2023, with nearly 74% of the amount dedicated to its Networks segment and the rest to its Renewables segment and others. In the ...