STOCK TITAN

Avangrid Statement on Gas Subsidiaries’ Response to 4.8 Magnitude Earthquake

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Avangrid (AGR) and its subsidiaries assess gas infrastructure after a 4.8 magnitude earthquake, urging customers to report gas leaks. No damage reported yet, ongoing assessments in New York, Connecticut, and Massachusetts.
Positive
  • None.
Negative
  • None.

New York State Electric & Gas (NYSEG), Southern Connecticut Gas (SCG), Connecticut Natural Gas (CNG), and Berkshire Gas Company (BGC) assessing for damage to infrastructure, urge customers to report any gas leaks

ORANGE, Conn.--(BUSINESS WIRE)-- Today, Avangrid (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement on behalf of its subsidiaries New York State Electric & Gas (NYSEG), Southern Connecticut Gas (SCG), Connecticut Natural Gas (CNG), and Berkshire Gas Company (BGC), regarding impacts to gas infrastructure following today’s 4.8 magnitude earthquake centered in northern New Jersey:

“During any natural event such as this morning’s earthquake, members of the Avangrid team move quickly to ensure safety in the continued operation of all our facilities and infrastructure. Immediately following the earthquake, emergency personnel throughout the company sprung into action to assess any impacts. While no damage to our infrastructure is currently known, we will continue our assessments this afternoon and throughout the weekend. Today and tomorrow, personnel will be deployed across our service areas in New York, Connecticut, and Massachusetts to survey our liquified natural gas (LNG) facilities, propane plants, and our distribution pipeline networks to find and resolve any issues. Customers are encouraged to call us if they smell gas so our teams can investigate and resolve any leaks as quickly as possible.” – Pedro Azagra, Avangrid CEO

Background

Customers who smell gas in their homes or businesses are encouraged to leave the building right away, then call the respective gas company to report it for response and investigation:

  • New York State Electric & Gas (NYSEG): call 800.572.1121
  • Southern Connecticut Gas (SCG): call 800.513.8898
  • Connecticut Natural Gas (CNG): call 866.924.5325
  • Berkshire Gas Company (BGC): call 800.292.5012

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 England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth 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:

Sarah Wall Fliotsos

swall@uinet.com

(757) 407-4255

Source: AVANGRID, Inc.

FAQ

What is Avangrid's (AGR) response to the earthquake?

Avangrid (AGR) and its subsidiaries are assessing gas infrastructure following a 4.8 magnitude earthquake, ensuring safety and continued operation.

How are Avangrid (AGR) and its subsidiaries addressing potential gas leaks?

Avangrid (AGR) urges customers to report any gas leaks and has deployed personnel to survey LNG facilities, propane plants, and distribution pipeline networks.

What actions should customers take if they smell gas?

Customers smelling gas should leave the building immediately and call the respective gas company for response and investigation.

Which Avangrid (AGR) subsidiaries are involved in the assessments?

New York State Electric & Gas (NYSEG), Southern Connecticut Gas (SCG), Connecticut Natural Gas (CNG), and Berkshire Gas Company (BGC) are involved in assessing gas infrastructure.

How can customers report gas leaks to Avangrid (AGR) subsidiaries?

Customers can report gas leaks to New York State Electric & Gas (NYSEG) by calling 800.572.1121, Southern Connecticut Gas (SCG) by calling 800.513.8898, Connecticut Natural Gas (CNG) by calling 866.924.5325, and Berkshire Gas Company (BGC) by calling 800.292.5012.

Avangrid, Inc.

NYSE:AGR

AGR Rankings

AGR Latest News

AGR Stock Data

13.98B
71.02M
81.65%
12.38%
0.34%
Utilities - Regulated Electric
Electric Services
Link
United States of America
ORANGE