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AVANGRID has announced a $30,000 grant to support the Ronald McDonald House Charities of Connecticut and Western Massachusetts. This grant, aimed at the Pantry Pals Program, seeks to alleviate financial burdens for families during their stay at RMHC. With this latest contribution, AVANGRID has donated over $300,000 to RMHC since 2016, part of a broader commitment to community support totaling over $5.7 million in charitable donations in Connecticut. The announcement was made during a visit to RMHC by AVANGRID executives on November 17, 2022.

United Illuminating (UI) is urging Connecticut customers to utilize its assistance programs amid an energy crisis causing significant price hikes. The Standard Service price will rise from 10.62 to 21.94 cents per kWh on January 1, 2023, a 43% increase, translating to an average monthly increase of $79. UI offers various programs including Matching Payment, Bill Forgiveness, and Winter Protection to assist customers struggling with their bills. These initiatives aim to alleviate the financial burden imposed by rising energy costs due to inflation and supply chain issues, especially related to natural gas.

AVANGRID, Inc. (NYSE: AGR) has announced its enhanced Net Zero Strategy, aiming for carbon neutrality in scopes 1 and 2 by 2030. This solidifies its position as one of the few U.S. energy companies committed to significant carbon reduction targets. Key initiatives include a 190% increase in renewable capacity and $1.8 billion investment through 2025. AVANGRID also aims for 100% renewable energy in corporate buildings and a 35% reduction in emissions intensity by 2025. The company is expanding its gender diversity goals, targeting 50% women in leadership by 2030.

AVANGRID (NYSE: AGR) recently hosted its second annual Digital Summit in Connecticut, focusing on innovative technologies for the energy sector. Key players, including Amazon Web Services and Deloitte, showcased advancements in digital solutions aimed at enhancing customer service and operations. AVANGRID CEO Pedro Azagra emphasized the importance of digital transformation for growth amid economic uncertainty. The company invested over $90 million in energy innovation in 2021, underscoring its commitment to leading the clean energy transition while serving over 3 million customers across multiple states.

AVANGRID (NYSE:AGR) will release its third quarter 2022 earnings on October 26, 2022, at 10:00 A.M. ET. The earnings release will be available on the company's Investors website. AVANGRID, based in Orange, CT, manages approximately $40 billion in assets across 24 U.S. states, providing services to over 3.3 million customers through Avangrid Networks. The company is recognized for its commitment to sustainability and ethical practices, including being ranked among the World’s Most Ethical Companies for 2022.

AVANGRID (NYSE: AGR) has filed a motion with the Massachusetts Department of Public Utilities for a one-month suspension in reviewing Power Purchase Agreements for the Commonwealth Wind project. This decision addresses escalating economic challenges including commodity price hikes, rising interest rates, and supply chain issues. The suspension aims to allow stakeholders to evaluate the current situation and make necessary adjustments to ensure the project's economic viability. Despite challenges, Commonwealth Wind is positioned to contribute to Massachusetts' clean energy goals by 2028.

AVANGRID, Inc. (NYSE:AGR) has announced a quarterly dividend of $0.44 per share, payable on January 3, 2023, to shareholders of record by December 1, 2022. The company, a leader in sustainable energy, operates in 24 U.S. states and holds approximately $40 billion in assets. AVANGRID serves over 3.3 million customers through its utility and renewable energy businesses.

AVANGRID hosted its sixth annual Innovation Forum, focusing on clean energy advancements under the theme 'Accelerating the Transformation.' CEO Pedro Azagra emphasized the importance of innovation in addressing climate change challenges. Key highlights included showcasing digital twins technology for wind turbines and leveraging satellite imagery for better grid management. AVANGRID invested over $90 million in energy innovations, with a growing portfolio in green hydrogen aimed at decarbonizing transportation and industrial processes.

AVANGRID, Inc. (NYSE: AGR) is set to release its third quarter 2022 financial results on October 25, 2022, after market close. The results will be available on the company’s Investor Relations website.

Following the release, a conference call for analysts will occur on October 26, 2022, at 10:00 A.M. ET, featuring an overview of financial results and a Q&A session.

AVANGRID, headquartered in Orange, CT, manages around $40 billion in assets across 24 states, focusing on utilities and renewable energy.