Energy in New York

Avangrid Renewables Announces Contract with T-Mobile

Retrieved on: 
Tuesday, April 21, 2020

Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and T-Mobile US, Inc. (NASDAQ: TMUS), announced a long-term contract for the Otter Creek Wind Farm in LaSalle County, Illinois and a purchase of national renewable energy credits.

Key Points: 
  • Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), and T-Mobile US, Inc. (NASDAQ: TMUS), announced a long-term contract for the Otter Creek Wind Farm in LaSalle County, Illinois and a purchase of national renewable energy credits.
  • About Avangrid Renewables: Avangrid Renewables, LLC is a subsidiary of AVANGRID, Inc. and part of the IBERDROLA Group.
  • About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $34 billion in assets and operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

AVANGRID Announces Pricing of Notes

Retrieved on: 
Tuesday, April 7, 2020

Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced the pricing of $750 million in aggregate principal amount of its 3.200% notes due April 15, 2025.

Key Points: 
  • Today AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced the pricing of $750 million in aggregate principal amount of its 3.200% notes due April 15, 2025.
  • The notes will be direct unsecured and unsubordinated obligations of AVANGRID.
  • About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

AVANGRID Schedules First Quarter 2020 Earnings Release and Conference Call

Retrieved on: 
Wednesday, April 1, 2020

AVANGRID, Inc. (NYSE:AGR) will be releasing its first quarter 2020 financial results on Tuesday, April 28, 2020, after the market closes.

Key Points: 
  • AVANGRID, Inc. (NYSE:AGR) will be releasing its first quarter 2020 financial results on Tuesday, April 28, 2020, after the market closes.
  • In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Wednesday, April 29, 2020 beginning at 10:00 A.M. Eastern time.
  • About AVANGRID: AVANGRID, Inc. (NYSE:AGR) is a leading, sustainable energy company with approximately $34 billion in assets and operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

AVANGRID Companies and Avangrid Foundation Commit $2 Million to Support Coronavirus Response and Recovery

Retrieved on: 
Wednesday, March 25, 2020

The Avangrid Foundation and AVANGRID, Inc. (NYSE: AGR) today announced a $2 million commitment to support national and local organizations that support vulnerable communities as they deal with the coronavirus pandemic.

Key Points: 
  • The Avangrid Foundation and AVANGRID, Inc. (NYSE: AGR) today announced a $2 million commitment to support national and local organizations that support vulnerable communities as they deal with the coronavirus pandemic.
  • AVANGRID will commit $1 million in corporate funds that will be distributed across its service territories to support emergency needs in communities at the state and local level.
  • The AVANGRID family of companies includes Avangrid Renewables and eight electric and natural gas companies in New York, Maine, Connecticut and Massachusetts.
  • About Avangrid Foundation: The Avangrid Foundation is an independent, nonprofit organization that funds philanthropic investments that primarily impact communities where AVANGRID, Inc. and its subsidiaries operate.

AVANGRID Announces Retirement of CEO James P. Torgerson

Retrieved on: 
Thursday, March 19, 2020

AVANGRID, Inc. (NYSE: AGR) announced today that CEO James P. Torgerson, 67, will retire on June 23, 2020, the day immediately following the annual meeting of shareholders.

Key Points: 
  • AVANGRID, Inc. (NYSE: AGR) announced today that CEO James P. Torgerson, 67, will retire on June 23, 2020, the day immediately following the annual meeting of shareholders.
  • AVANGRID has benefitted from his leadership and guidance over the past five years, said Ignacio Galan, Chairman of the Board for AVANGRID.
  • Torgerson has served as CEO of AVANGRID since it was formed in 2015 as the result of the merger of Iberdrola USA and UIL Holdings Corporation.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

AVANGRID Declares Quarterly Dividend

Retrieved on: 
Wednesday, February 19, 2020

Today AVANGRID, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock.

Key Points: 
  • Today AVANGRID, Inc. (NYSE:AGR) announced that its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock.
  • This dividend is payable April 1, 2020 to shareholders of record at the close of business on March 6, 2020.
  • About AVANGRID: AVANGRID, Inc. (NYSE:AGR) is a leading, sustainable energy company with approximately $34 billion in assets and operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

Karankawa Wind Farm Achieves Commercial Operation

Retrieved on: 
Thursday, February 6, 2020

Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), today announced that it completed commissioning of the 307.06 MW Karankawa Wind Farm on December 30, 2019.

Key Points: 
  • Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), today announced that it completed commissioning of the 307.06 MW Karankawa Wind Farm on December 30, 2019.
  • The Karankawa Wind Farm is located in San Patricio and Bee counties in south Texas.
  • Karankawa is the sixth and largest Avangrid Renewables wind farm in the state of Texas.
  • The companys Texas wind portfolio has a capacity of over 1,200 MW delivering clean electricity to commercial and utility customers.

AVANGRID Schedules Fourth Quarter & Full-Year 2019 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 22, 2020

AVANGRID, Inc. (NYSE:AGR) will be releasing its fourth quarter & full-year 2019 financial results on Tuesday, February 25, 2020, after the market closes.

Key Points: 
  • AVANGRID, Inc. (NYSE:AGR) will be releasing its fourth quarter & full-year 2019 financial results on Tuesday, February 25, 2020, after the market closes.
  • In conjunction with the earnings release, AVANGRID will conduct a webcast conference call with financial analysts on Wednesday, February 26, 2020 beginning at 10:00 A.M. Eastern time.
  • About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $34 billion in assets and operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

AVANGRID Declares Quarterly Dividend

Retrieved on: 
Tuesday, December 3, 2019

Today AVANGRID, Inc. (NYSE:AGR) announced that on December 2, 2019 its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock.

Key Points: 
  • Today AVANGRID, Inc. (NYSE:AGR) announced that on December 2, 2019 its Board of Directors declared a quarterly dividend of $0.44 per share on its Common Stock.
  • This dividend is payable January 2, 2020 to shareholders of record at the close of business on December 12, 2019.
  • About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $34 billion in assets and operations in 24 U.S. states.
  • With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.