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, Inc. (NYSE: AGR) has declared a quarterly dividend of $0.44 per share, set for payment on July 1, 2021, to shareholders recorded by the close of business on June 4, 2021. The company operates in 24 U.S. states, managing assets worth approximately $38 billion. With a commitment to sustainable energy, AVANGRID serves over 3.3 million customers through its utility and renewable energy divisions. The company has received accolades for its corporate citizenship, ranking high on Forbes and Just Capital's lists.
AVANGRID, Inc. (NYSE: AGR) will release its first quarter 2021 financial results after the market closes on May 3, 2021. A corresponding advisory will be published that evening, with a link to detailed results available on the company's website. A conference call for analysts will take place on May 4, 2021, at 10:00 A.M. ET, featuring an overview of the financial results and a Q&A session. AVANGRID operates in 24 U.S. states with a focus on renewable energy and utility services, and has made notable strides in sustainability and corporate responsibility.
AVANGRID (NYSE: AGR) has achieved a unanimous settlement with the Public Utility Commission of Texas regarding its proposed merger with PNM Resources (NYSE: PNM). The PUCT will review the agreement, which all parties claim is in the public interest. This follows recent approvals from shareholders, the FCC, and CFIUS. The merger, valued at $8.3 billion at $50.30 per share, aims to create a leading clean energy entity with operations across multiple states.
AVANGRID (NYSE: AGR) has received approval from the FCC for the transfer of operating licenses related to its proposed merger with PNM Resources (NYSE: PNM). This follows the recent green light from PNM Resources' shareholders and clearance from CFIUS. The merger, originally announced in October 2020, involves an all-cash offer of $50.30 per share, valuing the transaction at $8.3 billion. The combined entity aims to enhance clean energy delivery across New Mexico and Texas, while further regulatory approvals are still pending.
AVANGRID, Inc. (NYSE: AGR) announced that the U.S. Bureau of Ocean Energy Management has released the Final Environmental Impact Statement for the Vineyard Wind 1 project. This marks a critical step towards the project's construction, which aims to deliver 800 MW of clean energy to Massachusetts by 2023. The initiative is projected to create 3,600 full-time jobs and reduce electricity rates by $1.4 billion over 20 years, while cutting carbon emissions by over 1.6 million metric tons annually.
AVANGRID, Inc. (NYSE: AGR) announced a consolidated U.S. GAAP net income of $166 million for Q4 2020 and $581 million for the full year, translating to $0.54 and $1.88 per share respectively. Non-U.S. GAAP adjusted net income was $191 million for Q4 and $625 million for the year. The company achieved strategic milestones, including settling rate cases and advancing offshore wind projects. AVANGRID affirms its 2021 earnings guidance of $2.15-$2.35 per share, indicating a strong outlook for growth in the sustainable energy sector.
AVANGRID (NYSE: AGR) has been recognized as one of the 2021 World’s Most Ethical Companies by Ethisphere for the third consecutive year. AVANGRID is among nine honorees in the Energy and Utilities sector, part of a total of 135 honorees across 21 countries. The recognition underscores AVANGRID's commitment to ethical behavior and its strong ESG+F strategy. Ethisphere research also indicates that ethical companies outperform their peers in the stock market, highlighting the correlation between ethics and financial performance.
AVANGRID (NYSE: AGR) faced significant challenges due to unprecedented cold weather in Texas, impacting millions. Despite these conditions, the company maximized output at its wind generation facilities, fulfilling delivery obligations and contributing to energy supply during the crisis. With approximately $38 billion in assets and operations across 24 states, AVANGRID has a commitment to sustainable energy and employs around 6,600 people.
AVANGRID, Inc. (NYSE:AGR) has declared a quarterly dividend of $0.44 per share on its Common Stock, payable on April 1, 2021, to shareholders of record as of the close of business on March 5, 2021. The company, with approximately $36 billion in assets and operations across 24 U.S. states, operates through two main divisions: Avangrid Networks and Avangrid Renewables. It serves over 3.3 million customers and employs around 6,600 people, highlighting its commitment to sustainability and ethical practices.
