Iberdrola Sa - IBDRY STOCK NEWS

AVANGRID, Inc. (NYSE:AGR) has declared a quarterly dividend of $0.44 per share on its Common Stock, payable on April 3, 2023 to shareholders of record on March 1, 2023. Additionally, the company announced that its 2023 Annual Meeting of Shareholders will take place on June 13, 2023. The deadline for shareholder proposals for consideration is set for April 14, 2023. AVANGRID operates with approximately $40 billion in assets across 24 U.S. states, primarily through its two divisions: Avangrid Networks and Avangrid Renewables. The company serves over 3.3 million customers and employs approximately 7,000 people.

Gridmatic, an AI-enabled power marketer, has entered a two-year partnership with AVANGRID (NYSE: AGR) to purchase 15 MW of zero-emission energy from AVANGRID's 120 MW Barton Chapel wind project in Jacksboro, Texas. This agreement, effective from January 1, 2023 to December 31, 2024, is aimed at supplying Gridmatic's retail customers with clean and affordable wind energy. The partnership aligns with Gridmatic's launch of its retail business, which offers advanced clean energy products to help businesses meet climate goals using AI-driven models.

Avangrid Foundation has announced a record total of $136,000 in grants to 15 wildlife rehabilitation centers, the highest amount in its Wildlife Rehabilitation Program’s history. Over seven years, this program has contributed more than $500,000 to combat challenges like Avian Influenza and study copper toxicity. The funds will enhance operational capabilities and outreach to communities, promoting wildlife awareness. The initiative spans ten states, with specific projects including the construction of quarantine facilities and provision of protective equipment to address the needs of wildlife in rehabilitation.

AVANGRID (NYSE:AGR) announces its fourth quarter and full year 2022 financial results are set for release on February 21, 2023, after market closure. The advisory news release will provide further details and a link to the financial results. A webcast conference call for analysts will follow on February 22, 2023, at 10:00 A.M. ET, featuring an overview of the financial results by the Executive team. AVANGRID, headquartered in Orange, CT, manages approximately $40 billion in assets across 24 states, with a focus on sustainable energy in the U.S. and a commitment to corporate citizenship.

AVANGRID, Inc. (NYSE: AGR) received the EEI Emergency Assistance Award for the 13th time due to its response to Hurricane Fiona in Nova Scotia in September 2022. The hurricane caused over $5 billion in damages and disrupted power for nearly 750,000 customers. United Illuminating and Central Maine Power assisted in recovery efforts, highlighting the company's commitment to mutual aid and community support. CEO Pedro Azagra emphasized the dedication of their employees during these critical times.

AVANGRID (NYSE: AGR) announced significant progress regarding the Bureau of Ocean Energy Management’s (BOEM) Draft Environmental Impact Statement (DEIS) for its New England Wind Offshore project. This initiative includes the Commonwealth Wind (1232 MW) and Park City Wind (804 MW) projects, which collectively aim to provide over 2000 MW of sustainable energy, enough to power over one million households. The projects are expected to drastically reduce emissions by nearly four million tons annually. AVANGRID emphasizes the importance of these developments in addressing the energy and climate crisis in New England.

AVANGRID (NYSE: AGR) has announced significant advancements in its clean energy initiatives in Massachusetts, particularly with the Vineyard Wind 1 project, set to deliver 800 MW of offshore wind energy and create 3,600 jobs. Key milestones include securing 62 GE Haliade-X turbines and obtaining necessary permits. Projected first power delivery is expected by late 2023, with full commercial operation in 2024. AVANGRID is committed to investing $10 billion in the region, which includes the Commonwealth Wind project aiming for 1,200 MW of emissions-free energy, despite facing challenges from the current economic climate.