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AVANGRID Postpones 2022 Investor Day

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AVANGRID (NYSE: AGR) announced the postponement of its 2022 Investor Day, originally scheduled for March 22, 2022. The new date will be revealed in the future. AVANGRID operates in 24 states across the U.S., managing approximately $40 billion in assets. The company focuses on renewable energy and utility services, serving over 3.3 million customers. Recognized for its commitment to corporate responsibility, AVANGRID has been included in the JUST 100 list and ranked second in sustainability within the utility sector.

Positive
  • AVANGRID operates with approximately $40 billion in assets.
  • The company serves over 3.3 million customers across 24 U.S. states.
  • Recognized as one of the JUST 100 companies for corporate responsibility.
Negative
  • Postponement of the 2022 Investor Day may lead to uncertainty among investors.

ORANGE, Conn.--(BUSINESS WIRE)-- Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, reported today that its 2022 Investor Day initially planned for March 22, 2022 will be postponed until a later date. The Company will disclose the new date as soon as it is available.

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 approximately 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit www.avangrid.com.

Analysts: Alvaro Ortega, Alvaro.Ortega@Avangrid.com, 207-629-7412

Media: Zsoka McDonald, Zsoka.McDonald@Avangrid.com, 203-997-6892

Source: AVANGRID, Inc.

FAQ

Why was AVANGRID's 2022 Investor Day postponed?

AVANGRID postponed its 2022 Investor Day originally set for March 22, 2022, with a new date to be announced later.

What is the significance of AVANGRID's assets?

AVANGRID manages approximately $40 billion in assets, highlighting its strong financial position in the energy sector.

How many customers does AVANGRID serve?

AVANGRID serves more than 3.3 million customers across 24 U.S. states.

What recognitions has AVANGRID received?

AVANGRID was named one of the JUST 100 companies and ranked second in sustainability within the utility sector.

Avangrid, Inc.

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