AGR

Avangrid Recognized for Job Quality Performance by JUST Capital

Retrieved on: 
Tuesday, April 9, 2024
Other Energy, Utilities, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Development, Parental leave, Knowledge, Scorecard, Fertility, Capital, JUST, Life, Investment, Compensation, Curriculum, AGR

Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.

Key Points: 
  • Avangrid earned top marks in the categories of Employee Wellness and Training & Development and earned an overall score well above the energy industry average.
  • We recognize that prioritizing job quality also creates a positive ripple effect that extends to our customers, shareholders, and society at large.
  • It creates a standard by assessing job quality performance on 31 data points across six key topic areas: Benefits, Employee Wellness, Hiring & Stability, Training & Development, Wages & Compensation, and Workforce Composition.
  • In 2023, Avangrid employees logged a total of 20,051 hours of leadership training and 13,260 online leadership course training hours.

Construction Begins at Avangrid’s First California Solar Farm

Retrieved on: 
Tuesday, April 9, 2024
Environment, Commercial Building & Real Estate, Construction & Property, Utilities, Public Policy, Government, Alternative Energy, Sustainability, Energy, State, Local, BLM, Bureau, AGR, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Solar Project in Kern County, California.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that construction is now underway at the Camino Solar Project in Kern County, California.
  • Camino Solar is Avangrid’s first photovoltaic project in California with a capacity of 57 MW (44 MWac).
  • “With this major milestone, we are one step closer to delivering clean solar energy in California to go along with our six wind energy facilities in the state.
  • Camino Solar is adjacent to Avangrid’s 189 MW Manzana Wind Farm, which reached commercial operation in 2012.

Avangrid and Statkraft Establish U.S. Relationship with Virtual Power Purchase Agreement (VPPA)

Retrieved on: 
Monday, April 8, 2024
Environment, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, Organization, VPPA, Guarantee of origin, United, AGR, PPA, Climate change, Statkraft, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Statkraft, Europe’s largest producer of renewable energy, today announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States.
  • Statkraft will receive Renewable Energy Certificates (RECs) from Avangrid’s 300 MW Streator Cayuga Ridge South Wind Farm in Illinois with this short term VPPA.
  • Statkraft and Iberdrola, S.A., Avangrid’s parent company, have a Power Purchase Agreement (PPA) in place for energy produced at Iberdrola’s Korytnica II wind farm in Poland.
  • “We are proud to partner with Avangrid as a continuation of our successful relationship with Iberdrola in Europe.

Avangrid Statement on Gas Subsidiaries’ Response to 4.8 Magnitude Earthquake

Retrieved on: 
Saturday, April 6, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, BGC, Southern Connecticut Gas, SCG, CNG, Connecticut Natural Gas, Safety, AGR, Natural gas

Today, Avangrid (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement on behalf of its subsidiaries New York State Electric & Gas (NYSEG), Southern Connecticut Gas (SCG), Connecticut Natural Gas (CNG), and Berkshire Gas Company (BGC), regarding impacts to gas infrastructure following today’s 4.8 magnitude earthquake centered in northern New Jersey:

Key Points: 
  • Today, Avangrid (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement on behalf of its subsidiaries New York State Electric & Gas (NYSEG), Southern Connecticut Gas (SCG), Connecticut Natural Gas (CNG), and Berkshire Gas Company (BGC), regarding impacts to gas infrastructure following today’s 4.8 magnitude earthquake centered in northern New Jersey:
    “During any natural event such as this morning’s earthquake, members of the Avangrid team move quickly to ensure safety in the continued operation of all our facilities and infrastructure.
  • Immediately following the earthquake, emergency personnel throughout the company sprung into action to assess any impacts.
  • While no damage to our infrastructure is currently known, we will continue our assessments this afternoon and throughout the weekend.
  • Customers are encouraged to call us if they smell gas so our teams can investigate and resolve any leaks as quickly as possible.” – Pedro Azagra, Avangrid CEO
    Customers who smell gas in their homes or businesses are encouraged to leave the building right away, then call the respective gas company to report it for response and investigation:

Avangrid Dispatches UI Crews, Resources to Assist Restoration Efforts in Maine

Retrieved on: 
Friday, April 5, 2024
Energy, Natural Disasters, Utilities, Environment, Emergency, CMP, Woman, Tropical Storm Lee, AGR, UI, Weather

UI crews are working hand-in-hand with more than hundreds of other line and tree crews in restoration efforts after a powerful Nor’easter knocked out power to nearly 350,000 customers earlier this week.

Key Points: 
  • UI crews are working hand-in-hand with more than hundreds of other line and tree crews in restoration efforts after a powerful Nor’easter knocked out power to nearly 350,000 customers earlier this week.
  • “By tapping into our extensive interstate network of dedicated field professionals, Avangrid is uniquely positioned to deploy our resources across the Northeast to meet weather emergencies wherever and whenever they arise.
  • While UI faced minor impacts from the same storm system, line crews restored power to all UI customers before deploying to Maine.
  • The collaborative storm response effort is part of Avangrid’s multi-state network of resources to assist its hardest hit service areas to bolster response times.

Vineyard Wind Named Climate Change Project of the Year by Environmental Business Council of New England

Retrieved on: 
Thursday, April 4, 2024
Other Energy, Utilities, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Electricity, Wind, PLA, Climate change, Vineyard Wind, Government, EBC, Partnership, CIP, Cornell University, Climate, Ruth, Carbon, Lawyer, City Winery, Copenhagen Infrastructure Partners, AGR, Silman, Commonwealth, Vineyard, Renewable energy

The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.

Key Points: 
  • The award, which was established in January 2020, recognizes a project or endeavor which demonstrates leadership in climate change.
  • “We are honored and grateful to receive this important recognition for our Vineyard Wind 1 project, and thank the Environmental Business Council for their partnership and support as we work together to take urgent action on climate change,” said Avangrid CEO Pedro Azagra.
  • Vineyard Wind 1 is the first large-scale offshore wind project in the United States.
  • In July 2021, Vineyard Wind signed the first Project Labor Agreement for an offshore wind project in the United States, which outlined the creation of 500 union jobs through the project.

Avangrid Receives Federal Record of Decision for New England Wind

Retrieved on: 
Tuesday, April 2, 2024
Utilities, Environmental Policy, Sustainability, Alternative Energy, Energy, Other Construction & Property, White House, Federal Government, Construction & Property, Environment, Green Technology, Urban Planning, Climate Change, Public Policy, Government, Interior, FCEN, Climate, Wind, Carbon, Investment, DEIS, Inflation, Equivalence relation, Chairperson, ROD, Bureau, The Nature Conservancy, FTE, OCS, Commonwealth, BOEM, Record, Electricity, Foreign policy, Climate change, Vineyard Wind, COP, Communication, Sierra Club, Port, PLA, Construction, Town, FEIS, Cape Cod, AGR, Renewable energy

New England Wind, consisting of the New England Wind 1 and New England Wind 2 projects, has the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region.

Key Points: 
  • New England Wind, consisting of the New England Wind 1 and New England Wind 2 projects, has the potential to create thousands of jobs and provide enough clean, reliable energy to power nearly 1 million homes and businesses in the region.
  • With this federal approval, New England Wind stands apart as the most advanced and shovel-ready offshore wind opportunity in the Northeast region.
  • “We applaud the Bureau of Ocean Energy Management for issuing the Record of Decision for New England Wind.
  • BOEM’s Record of Decision for Avangrid’s New England Wind lease area represents a key and substantial step in the direction of moving forward on offshore wind.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024
Environmental Policy, Utilities, Sustainability, Environmental Health, Alternative Energy, Energy, State, Local, Environment, Labor, Green Technology, Climate Change, Public Policy, Government, Biophysical environment, Davit, Climate, Salem Harbor, City, Wind, Carbon, RFP, Commerce, EJ, Vineyard, Project, Partnership, BGS, Education, ROD, Bureau, Tenant, Economic development, Project Labor Agreement, Workforce, Primary energy, Greater Bridgeport, Hand, Commonwealth, Electricity, OIC, Climate change, Organization, COP, Large, Brayton Point Power Station, Student, Climate change mitigation, SOV, Family, Economics, Port, Chamber, PLA, MOU, Construction, Natural Resources, Crowley Maritime, BPS, Edison Chouest Offshore, Town, Flood, Diversity, Environmental justice, Heart, Salem Port, Geography, AGR, Multimedia, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

Avangrid Foundation Celebrates National Reading Month

Retrieved on: 
Tuesday, March 26, 2024
Entertainment, Other Energy, Utilities, Oil, Gas, Philanthropy, Alternative Energy, Energy, Books, Foundation, Other Philanthropy, Pillar, Research, Education, Avangrid, Partnership, School, Knowledge, Column, SMART Reading, Literacy, Child, Student, City, Love, AGR, Book, SMART, Tutoring

The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), is celebrating National Reading Month this March by recognizing its partners that promote literacy and education.

Key Points: 
  • The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), is celebrating National Reading Month this March by recognizing its partners that promote literacy and education.
  • “Reading is a foundational skill that can pave a pathway toward future success,” said Pedro Azagra, Avangrid CEO.
  • In Oregon, the Avangrid Foundation has partnered with SMART Reading for nearly a decade to support their child literacy programs.
  • “Reading is a powerful tool that benefits us in countless ways,” said Pablo Colón, director of corporate citizenship at Avangrid and executive director of the Avangrid Foundation.

Avangrid Foundation Provides $100,000 Grant to Expand Food Pantry at SUNY Broome

Retrieved on: 
Thursday, March 21, 2024
Other Energy, Utilities, Oil, Gas, Energy, University, Philanthropy, Education, Foundation, Health, SUNY, Avangrid, RG&E, Partnership, SUNY Broome Community College, School, Food, Clothing, Food security, Volunteering, Student, Woman, Hygiene, AGR, RG

The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), joined SUNY Broome today to celebrate the grand reopening of the college’s Hornet Hope Center, a newly upgraded on-campus food pantry and clothing closet.

Key Points: 
  • The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), joined SUNY Broome today to celebrate the grand reopening of the college’s Hornet Hope Center, a newly upgraded on-campus food pantry and clothing closet.
  • This new student resource center was made possible thanks to a $100,000 grant from the Avangrid Foundation, continuing the Foundation’s commitment to supporting food security.
  • The Avangrid Foundation grant allowed the Center to move to a larger, newly renovated space on campus with energy-efficient lighting.
  • SUNY Broome is proud to partner with Community Hunger Outreach Warehouse (CHOW) , a network of food pantries in Broome County, to assist in stocking the food pantry, open to students during regular daytime hours and by appointment.