Welcome to our dedicated page for Avangrid news (Ticker: AGR), a resource for investors and traders seeking the latest updates and insights on Avangrid stock.
Avangrid Inc. (NYSE: AGR) operates at the intersection of regulated utilities and renewable energy innovation, serving millions across key U.S. markets. This dedicated news hub provides investors and industry observers with essential updates spanning earnings announcements, regulatory developments, and renewable energy project milestones.
Key resources include: Quarterly financial results, strategic partnership disclosures, grid modernization initiatives, and wind power expansion updates. Our curated collection ensures transparent access to material events shaping AGR's position in the evolving energy landscape.
Bookmark this page for streamlined tracking of operational developments across both utility segments - including electric/gas distribution in New York and New England - and renewable operations managing over 8.6 GW of clean energy capacity. Stay informed about critical filings, leadership updates, and sustainability commitments through verified primary sources.
AVANGRID (NYSE: AGR) has been selected for the S&P Global Clean Energy Index, showcasing its commitment to renewable energy and sustainability. This Index tracks up to 100 companies worldwide that produce energy from clean sources. CEO Dennis Arriola highlighted the significance of this inclusion, reflecting AVANGRID's ESG+F strategy. The company aims to enhance its renewable capacity by over 100% by 2025, cut greenhouse gas emissions by 35%, and increase diversity in its supply chain and workforce.
AVANGRID (NYSE: AGR) has appointed Bill White and Jose Antonio Miranda as Co-Presidents and CEOs of Avangrid Renewables following Alejandro de Hoz's departure. White will focus on offshore operations while Miranda will oversee onshore. Under their leadership, AVANGRID aims to enhance its renewables portfolio, as the company is now the third-largest renewables generator in the U.S. with a strong offshore wind presence. AVANGRID boasts approximately $39 billion in assets and serves over 3.3 million customers across 24 states.
AVANGRID, Inc. (NYSE:AGR) will release its third quarter 2021 financial results on October 26, 2021, after market close. The results will be available on the company's website. A webcast conference call for analysts will be held on October 27, 2021, at 10:00 A.M. ET, where the executive team will discuss the financial results and respond to questions. AVANGRID operates with approximately $39 billion in assets across 24 states, serving over 3.3 million customers through its Networks and Renewables divisions.
AVANGRID (NYSE: AGR), a leader in sustainable energy, will participate in the Wolfe Research Utilities, Midstream and Clean Energy Conference. Investors can access presentation materials on AVANGRID's website prior to market opening. The company, headquartered in Orange, CT, manages $39 billion in assets and operates in 24 U.S. states, serving over 3.3 million customers. Recognized as one of the 2021 JUST 100 companies, AVANGRID prioritizes environmental sustainability and community service. More details can be found at AVANGRID Investors.
Avangrid Renewables has appointed Jose Antonio Miranda as President Onshore to direct the expansion of its onshore wind and solar operations. Miranda, who previously served as CEO of Onshore for Siemens Gamesa in the Americas, brings valuable leadership experience.
President & CEO Alejandro de Hoz highlighted that Miranda's expertise is critical as the company pursues its ambitious renewable energy goals, particularly following the approval of the Vineyard Wind project. Avangrid, with approximately $39 billion in assets, is committed to becoming a leader in sustainable energy across the U.S.
Avangrid Renewables and Copenhagen Infrastructure Partners have announced a restructuring of their Vineyard Wind joint venture to enhance U.S. offshore wind development. The joint venture will continue to own Vineyard Wind 1, an 800 MW project set to supply energy to Massachusetts starting in 2023, while Avangrid will take ownership of lease area OCS-A 534, including Park City Wind and Commonwealth Wind. The restructuring is expected to streamline project development and includes a $167.5 million payment from Avangrid for full ownership of OCS-A 534.
Santander CIB has announced its role as financial advisor and joint lead arranger for the $2.3 billion financing of Vineyard Wind 1, the first large-scale offshore wind project in the U.S. This 800 MW project, located off Martha’s Vineyard, aims to supply electricity to over 400,000 homes, save ratepayers $1.4 billion over 20 years, and reduce carbon emissions by more than 1.6 million tons annually. Onshore construction commences this year, with power expected to be delivered in 2023.
AVANGRID (NYSE: AGR) has achieved a significant milestone by securing financial closure for the Vineyard Wind 1 project, marking it as the first commercial-scale offshore wind project in the U.S. The project, with a capacity of 800 MW, has obtained approximately
AVANGRID (NYSE:AGR) and PNM Resources (NYSE:PNM) reported strong support for their merger, with nearly all 24 intervenors in the NMPRC proceedings either endorsing or not opposing the agreement. The merger promises customer benefits totaling
On July 30, 2021, PNM and AVANGRID filed additional documents in their merger application, providing new commitments to enhance customer benefits and services in New Mexico. Total customer rate benefits rose from $24.6 million to $88 million, including $65 million in rate credits and $15 million for low-income energy efficiency. Economic development contributions increased to $15 million, with plans to add 150 new jobs. The merger has received prior approvals from five federal agencies, with a key evidentiary hearing scheduled for August 11-20, 2021.
