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AVANGRID, Inc.: Ignacio Galán at Harvard Business School discusses company case study with students, “Iberdrola, leading the energy revolution”

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On February 17, 2023, Iberdrola's Executive Chairman, Ignacio Galán, engaged with approximately 1,000 postgraduate students at Harvard Business School. This event highlighted decisions made over the past 20 years that have shaped Iberdrola's strategy in clean energy and its vision for the future. The case study, led by Professor Juan Alcácer, delves into Iberdrola's business model and future strategies, including green hydrogen initiatives. Iberdrola, a member of the Iberdrola group, aims to be a sustainable energy leader, with Avangrid (NYSE: AGR) being a key player in the U.S. renewable energy market.

Positive
  • Iberdrola's strategy focusing on clean energy and green hydrogen.
  • Engagement with Harvard students enhances the company's visibility and reputation.
  • Demonstrates a commitment to education and industry insights.
Negative
  • None.

BOSTON--(BUSINESS WIRE)-- Around 1,000 postgraduate students at Harvard Business School were given the opportunity today (Friday 17th February) to engage directly with Iberdrola Executive Chairman, Ignacio Galán, and scrutinize the decisions taken over the last 20 years that have shaped the company’s strategy and drive into clean energy, as well as the company’s forward-looking strategy.

Iberdrola Executive Chairman, Ignacio Galán, met with 1,000 postgraduate students at Harvard Business School to talk about the decisions taken over the last 20 years that have shaped the company’s strategy and drive into clean energy, as well as the company’s forward-looking strategy. (Photo: Business Wire)

Iberdrola Executive Chairman, Ignacio Galán, met with 1,000 postgraduate students at Harvard Business School to talk about the decisions taken over the last 20 years that have shaped the company’s strategy and drive into clean energy, as well as the company’s forward-looking strategy. (Photo: Business Wire)

The day in the lecture hall forms part of a case study titled, “Iberdrola, leading the energy revolution”, which was prepared by Professor Juan Alcácer, James J Hill Professor of Business Administration.

Mr. Galán took to the lectern in Aldrich Hall along with other senior management from the company across the day, as 11 different groups of 95 students each posed questions and drilled down into the finer details of Iberdrola’s business model and decision making processes. The case also analyzes Iberdrola's forward-looking strategy, such as its role in green hydrogen, based on the position taken by the group in renewables, grids and storage.

The event was led by Professor Alcácer, who was joined on the day by Rebecca A. Karp, Assistant Professor of Business Administration.

By examining the real decisions and strategy taken by major companies, and speaking directly to senior leadership, the postgraduate students get access to unique insights to aid them in their studies and future careers.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. AVANGRID is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

Media:

Mariel Huerta

mariel.huerta@avangrid.com

Source: AVANGRID, Inc.

FAQ

What was discussed during Ignacio Galán's talk at Harvard Business School?

Ignacio Galán discussed Iberdrola's last 20 years of decisions shaping its clean energy strategy and future initiatives.

How does Iberdrola aim to lead in the energy sector?

Iberdrola aims to lead through its focus on renewable energy sources and initiatives like green hydrogen.

What company is associated with NYSE: AGR?

Avangrid, which operates under Iberdrola's group, is associated with NYSE: AGR.

What is the significance of the case study involving Iberdrola at Harvard Business School?

The case study provides insights into real business decisions and strategies, benefiting students' educational experience.

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