Avangrid employees shattered their stated goal of 25,000 volunteer hours and increased volunteering almost 60% compared to 2023 The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid Inc., a member of the Iberdrola Group, announced today that employees volunteered over 37,000 hours last year, shattering the Company's stated goal of 25,000 volunteer hours in 2024. Avangrid employees have increased their volunteer hours tenfold since 2021 when it began tracking these figures and surpassed its longstanding goal of 35,000 volunteer hours by 2025 one year early. "This is a remarkable achievement, and I couldn't be happier for the 8,000 people dedicated

Part of Avangrid's more than $7 billion in investments in New York through 2030 to rebuild substations, transmission lines, to improve resiliency and increase capacity to meet the state's growing energy demands Avangrid subsidiary, Rochester Gas and Electric (RG&E) today announced the completion of upgrades on a new substation in Sodus, New York that will increase reliability and capacity for more than 3,300 residential and commercial customers in Sodus and the surrounding area. The $23 million investment is part of Avangrid and RG&E's more than $7 billion statewide secured investments through 2030, adding to its current rate base in New York of $8 billion, to modernize critical grid infr

Over 30 Avangrid Projects Continued to Supply Heat and Energy During Historic Low Temperatures Impacting Much of the Midwest Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, continues to provide electricity from its energy assets located throughout the United States, even during the depths of winter. The electricity provided by our assets is helping ensure power continues to flow to homes and businesses during a recent winter cold snap, keeping lights on and buildings warm. "Even in the midst of freezing temperatures, our energy assets are proving to be an affordable and reliable source of electricity for thousands of people across the country. I a

Iberdrola and Avangrid Reaffirm Commitment to Executing the Investment Plan by 2030, Helping Achieve President Trump's Priority of American Energy Dominance Iberdrola and Avangrid, Inc., today announced that Iberdrola and Avangrid received an invitation to the Inauguration of President Donald J. Trump in Washington, D.C. As a leading energy company, Iberdrola and Avangrid serve more than 3.3 million homes and business customers in major metropolitan areas, through its eight electric and natural gas companies in New York and New England, and operates energy generation facilities in 23 states across the U.S. Iberdrola and Avangrid were also invited to several events to engage with congressi

New York State Electric & Gas and Central Maine Power recognized for recovery and restoration efforts in 2024 Avangrid, Inc., a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has received dual Emergency Response Awards from Edison Electric Institute (EEI). The awards honor the extraordinary performance of Avangrid companies New York State Electric & Gas (NYSEG) and Central Maine Power (CMP) during recovery and restoration efforts from storms in 2024. "We are committed to serving our customers with safe and reliable service in any situation," said Avangrid CEO Pedro Azagra. "Despite the widespread damage caused by these storms, our women a

Avangrid expects to add over 130 hybrid vehicles to its utility fleet over the next three years Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it will be purchasing over 130 new hybrid bucket trucks over the next three years as it continues to electrify its fleet across its Northeast utilities. While Avangrid already uses hybrid vehicles, this procurement plan represents a significant expansion in the Company's use of proven alternative energy sources including electric, hybrid, and green fuels. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241211076591/

The second cohort of newly hired technicians has graduated from Avangrid's National Training Center, which was built earlier this year Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians has graduated from Avangrid's National Training Center (NTC). Technicians from Avangrid wind projects in three different states attended two-and-a-half weeks of safety and technical training at the NTC located in Sherman County, Oregon. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204062236/en/PICTURED: Newly hired technicians

Developed by Avangrid and now under construction, the Tower Solar project will deliver energy to Portland General Electric's Green Future Impact program, creating over 200 jobs and local economic benefits to Morrow County Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE:POR), are announcing the signing of a Power Purchase Agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, Oregon, in collaboration with QTS and Meta. The facility will deliver clean, renewable energy to Portland General Electric's grid through Green Future Impact (G

Together with National Hispanic Energy Council, Avangrid brings together 15 Hispanic legislators, municipal officials, business executives, and nonprofit leaders to discuss energy issues facing Hispanic community; commits to convening annually Avangrid to become a Business Member of the National Hispanic Caucus of State Legislators, and Avangrid CEO Pedro Azagra to become member of the Board of Trustees of the National Hispanic Energy Council Photos from the event available HERE Today, Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, convened Connecticut's first-ever energy-related Hispanic Roundtable. With more than 15 Hispanic leader

Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued the following statement for Veterans Day. "This Veterans Day, we pause to honor the women and men who served in the military, both in times of war and peace. We thank them for their unwavering courage to answer the call of service, their sacrifice and love for their country whether abroad or at home and for preserving the core principles of freedom. At Avangrid, we are honored and grateful that veterans make up an essential and growing part of our workforce across the country. Their unique experiences, dedication, and skills enrich our company culture and we are deeply proud to

Today Avangrid, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend on September 26, 2024 of $0.44 per share on its Common Stock. This dividend is payable January 2, 2025 to shareholders of record at the close of business on December 2, 2024. About Avangrid: Avangrid, Inc. (NYSE:AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million cust

Today Avangrid, Inc. (NYSE:AGR) ("Avangrid" or the "Company"), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. ("Iberdrola"), announced that Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co. LLC ("Glass Lewis"), two leading independent proxy firms, have both recommended that Avangrid shareholders vote "FOR" the adoption of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of May 17, 2024, by and among Iberdrola, S.A., a corporation organized under the laws of Spain ("Iberdrola"), Arizona Merger Sub, Inc., a New York corporation and wholly-owned subsidiary of Iberdrola ("Merger Sub"), and Avangr

Today Avangrid, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable October 1, 2024 to shareholders of record at the close of business on September 2, 2024. About Avangrid: Avangrid, Inc. (NYSE:AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York an

Avangrid Shareholders to receive $35.75 Per Share Today Avangrid, Inc. (NYSE:AGR) ("Company," "Avangrid," "we" or "our"), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. ("Iberdrola"), announced that it has entered into a definitive agreement under which Iberdrola will acquire the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own for $35.75 per share in an all-cash transaction. The $35.75 per share price represents a 11.4% premium over the closing price of Avangrid common stock on March 6, 2024, the last unaffected trading day prior to Avangrid's announcement of recei

Today Avangrid, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable July 1, 2024 to shareholders of record at the close of business on June 3, 2024. About Avangrid: Avangrid, Inc. (NYSE:AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New En

Avangrid, Inc. (NYSE:AGR) posted its fourth quarter & full year 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can access using the following link: www.avangrid.com. In conjunction with the earnings release, Avangrid will conduct a webcast conference call with financial analysts on Thursday, February 22, 2024, beginning at 9:00 A.M. ET. Avangrid's Executive team will present an overview of the financial results followed by a question-and-answer session. Interested parties, including analysts, investors and the media, may listen to a live audio-only webcast by accessing a link located in the Investors section of Avangrid's web

Today Avangrid, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock. This dividend is payable April 1, 2024 to shareholders of record at the close of business on March 1, 2024. About Avangrid: Avangrid, Inc. (NYSE:AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $42 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New

Only list to recognize America's corporate leaders on business issues prioritized by the public Avangrid ranks 12 overall, earning top marks on ethical leadership, climate change, customer treatment and more 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, the env

Avangrid, Inc. (NYSE:AGR) will be releasing its fourth quarter & full year 2023 financial results on Wednesday, February 21, 2024, after the market closes in a news release to be posted to the Investors' section of the company's website at www.avangrid.com/wps/portal/avangrid/Investors. The company will issue an advisory news release over Business Wire the evening of February 21st, which will include a link to the financial results news release on the company's website. In conjunction with the earnings release, Avangrid will conduct a webcast conference call with financial analysts on Thursday, February 22, 2024, beginning at 9:00 A.M. ET. Avangrid's Executive team will present an overvie

Developers Have Hired 937 Union Members to Date, With More Jobs Coming in 2024 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 submitted the second annual report to the Massachusetts Department of Energy Resources (DOER) entitled, "Vineyard Wind 1 Impact on Jobs and Economic Output." The report finds that the Vineyard Wind 1 Project, a joint venture between Avangrid and CIP, has already created 937 union jobs through two years of construction, delivering nearly double of t

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Janney downgraded AVANGRID from Neutral to Sell and set a new price target of $35.00

KeyBanc Capital Markets upgraded AVANGRID from Underweight to Sector Weight

Mizuho upgraded AVANGRID from Underperform to Neutral and set a new price target of $39.00 from $47.00 previously

KeyBanc Capital Markets downgraded AVANGRID from Sector Weight to Underweight and set a new price target of $40.00

Siebert Williams Shank initiated coverage of AVANGRID with a rating of Buy and set a new price target of $57.00

Mizuho reiterated coverage of Avangrid with a rating of Underperform and set a new price target of $42.00 from $47.00 previously

Janney downgraded AVANGRID from Buy to Neutral

Wells Fargo downgraded Avangrid from Overweight to Equal-Weight and set a new price target of $48.00 from $60.00 previously

Mizuho downgraded Avangrid from Neutral to Underperform and set a new price target of $47.00

Mizuho reiterated coverage of Avangrid with a rating of Neutral and set a new price target of $48.00 from $53.00 previously

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The second cohort of newly hired technicians has graduated from Avangrid's National Training Center, which was built earlier this year Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians has graduated from Avangrid's National Training Center (NTC). Technicians from Avangrid wind projects in three different states attended two-and-a-half weeks of safety and technical training at the NTC located in Sherman County, Oregon. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241204062236/en/PICTURED: Newly hired technicians

Headshots of appointees can be found here: LINK Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today the appointment John O'Neil as Senior Vice President of People and Organization, Khadijah "Kay" Johnson promoted to Vice Present of Reward, Anna OConnell promoted to Vice President, Business Partners, Paul Visconti promoted to Vice President of HR Operations, and Rick Bruno to serve as Interim Vice President of Health and Safety. All positions are effective immediately. "We are pleased to welcome a new diverse team of talented and experienced individuals to our People & Organization leadership team," said Pedro Azagra, Avangri

Clean energy global leader Iberdrola has unveiled its 2024 international volunteer heroes at a prestigious awards ceremony in the UK. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002861011/en/Four Iberdrola professionals from across the UK, Spain, US and Brazil have been recognised for their dedication and service to charity and volunteering initiatives across their countries at the event held at ScottishPower's headquarters in Glasgow. (Photo: Business Wire) Four Iberdrola professionals from across the UK, Spain, US and Brazil have been recognised for their dedication and service to charity and volunteering initiatives acro

Avangrid, Inc. (NYSE:AGR) ("Avangrid" or the "Company") today announced that its shareholders voted to adopt the Agreement and Plan of Merger (the "Merger Agreement"), whereby Iberdrola, S.A. ("Iberdrola") will acquire the remaining 18.4% of the issued and outstanding stock of Avangrid that it does not currently own. According to the preliminary results announced at Avangrid's Annual Meeting of Shareholders, a majority of Avangrid's shareholders voted in favor of the Merger Agreement. "Today's approval by shareholders is an important step in the merger process. We are excited about Iberdrola's continued investment in Avangrid and commitment to the United States. As a wholly-owned member of

Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today the appointment of Nelly Jefferson to Chief Information Officer (CIO), effective September 16. "We are pleased to welcome Nelly to the Avangrid leadership team," said Pedro Azagra, Avangrid CEO. "Nelly is a proven leader with a rich history in the clean energy industry. In joining the company, her priority will be to ensure reliable, top quality IT service delivery for all of our operating companies and businesses. I look forward to working together and am confident that her expertise will significantly contribute to our mission of advancing the clean energy transition for

Ignacio Estella to serve as Senior Vice President of DEI, Talent and Innovation Newly formed position reflects Avangrid's commitment to building a diverse pipeline of talent and creating a culture of inclusion Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today the appointment of Ignacio Estella to senior vice president of diversity, equity, and inclusion (DEI), talent and innovation. This newly formed position will report directly to the Avangrid's CEO, reflecting the company's commitment to building a diverse pipeline of talent and creating a culture of inclusion and unmatched innovation. "For years, Ignacio has recogn

O+M Service Facility and Port in Vineyard Haven Will Serve as Headquarter for the Long-Term Operation of the Nation's First Large-Scale Offshore Wind Project 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, joined Massachusetts Governor Maura Healey on Martha's Vineyard for a tour of the Operations and Maintenance facilities that will provide long-term support services for the first-in-the-nation Vineyard Wind 1 project. As part of the visit, which took place on Thursday, June 6,

Linda Fulton-Christie, a Revenue Control Specialist who started career with SCG in 1973, retires today Today, Avangrid, Inc. (NYSE:AGR), a sustainable energy company and member of the Iberdrola Group, announced the retirement of one of its longest-serving team members, Linda Fulton-Christie, who joined the workforce of Avangrid subsidiary Southern Connecticut Gas (SCG) in 1973. Avangrid CEO Pedro Azagra called Ms. Fulton-Christie to personally thank her for 51 years of service to SCG customers and to wish her well in her retirement. "Across Avangrid's family of companies, the characteristics we are known for – commitment to excellent customer service, cutting-edge innovation, and second

The 13th cohort of FeedMore WNY's free workforce development program, RISE, graduated yesterday, thanks in significant part to a grant from the Avangrid Foundation, the primary philanthropic arm of NYSEG's parent company Avangrid, Inc. (NYSE:AGR). The Avangrid Foundation recently awarded a $20,000 grant to FeedMore WNY, $10,000 of which supported the RISE program. The additional $10,000 from the grant was allocated for critical equipment improvements in FeedMore WNY's commissary. "On behalf of our entire team, I want to congratulate all of the RISE graduates on their monumental achievement," said Pedro Azagra, Avangrid CEO. "At Avangrid, we're committed to supporting programs and initiati

New program is effort to recruit future line workers for this critically important field More than 100 students have attended information sessions since the program's launch in late January Avangrid, Inc. (NYSE:AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today it has partnered with SUNY Broome Community College and the International Brotherhood of Electrical Workers (IBEW) to launch a new Lineworker Training Program. The program is off to a strong start and is receiving high interest from students—more than 100 students have already attended information sessions to learn more about enrolling in the program, which focuses on students with no pr