AGR

Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project

Retrieved on: 
Wednesday, December 6, 2023

Vineyard Wind 1 is an 806 Megawatt project, and when fully operational will generate enough clean electricity to power 400,000 homes and businesses in the Commonwealth.

Key Points: 
  • Vineyard Wind 1 is an 806 Megawatt project, and when fully operational will generate enough clean electricity to power 400,000 homes and businesses in the Commonwealth.
  • View the full release here: https://www.businesswire.com/news/home/20231206496263/en/
    GE Haliade-X Turbines Stand in the Vineyard Wind 1 Project Area South of Martha’s Vineyard.
  • “It's incredibly exciting that Vineyard Wind is on the verge of generating offshore wind power for regular people.
  • 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 though the project.

Avangrid Announces eBill Incentive to Benefit Local Food Banks

Retrieved on: 
Monday, November 20, 2023

For every customer that signs up for the company’s eBill service during the months of November and December, Avangrid subsidiaries will donate $2, up to a total of $5,000 per organization, to seven local food banks to support food security in Maine, New York and Connecticut.

Key Points: 
  • For every customer that signs up for the company’s eBill service during the months of November and December, Avangrid subsidiaries will donate $2, up to a total of $5,000 per organization, to seven local food banks to support food security in Maine, New York and Connecticut.
  • “It’s very important to address food security needs across all of the communities we serve,” said Pedro Azagra, Avangrid CEO.
  • Plus, our customers will also benefit from easier access to manage their account by signing-up for eBill.”
    Avangrid’s eBill service is a user-friendly, paperless bill.
  • These organizations offer food, nutrition education, school backpack programs, mobile food pantries and other assistance programs.

Avangrid, University of Bridgeport Host Offshore Wind Workshop for Local High School, College Students

Retrieved on: 
Monday, November 20, 2023

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore Wind Workshop on campus to outline opportunities and career pathways for local high school and college students in the New England region’s emerging offshore wind industry.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and University of Bridgeport (UB) last week held the first Offshore Wind Workshop on campus to outline opportunities and career pathways for local high school and college students in the New England region’s emerging offshore wind industry.
  • The workshop, which took place on November 9, 2023, hosted more than 80 local students from Fairchild Wheeler High School, Central High School, University of Bridgeport, and other local schools, and included panel discussions detailing the diversity of job opportunities within offshore wind, as well 1-on-1 engagement with students and current Avangrid employees.
  • “It’s important to run this workshop at University of Bridgeport,” said Dean of the College of Engineering, Business, and Education, Dr. Khaled Elleithy.
  • The program concluded with 1-on-1 meetings between students and Avangrid employees, and a tour of University of Bridgeport’s campus for prospective students.

Avangrid Chairman Ignacio Galán named on the inaugural TIME100 Climate List of the 100 most influential leaders driving business climate action

Retrieved on: 
Thursday, November 16, 2023

Ignacio Galán, the Executive Chairman of Iberdrola, and Chairman of its U.S. subsidiary Avangrid, Inc. (NYSE: AGR), has been included in the inaugural TIME100 Climate list, recognizing the 100 most innovative leaders driving business climate action.

Key Points: 
  • Ignacio Galán, the Executive Chairman of Iberdrola, and Chairman of its U.S. subsidiary Avangrid, Inc. (NYSE: AGR), has been included in the inaugural TIME100 Climate list, recognizing the 100 most innovative leaders driving business climate action.
  • Under Mr Galán’s leadership over the past two decades, Iberdrola has invested over $150 billion to drive the transition to clean energy.
  • Iberdrola’s focus on renewable energy and smart grid networks has placed it at the forefront of the energy transition.
  • More than $50 billion of investments is planned between 2023 and 2025 , which will underpin the company’s ambitious Climate Action Plan.

Avangrid Named a Leading Utility for Decarbonization by National Public Utilities Council

Retrieved on: 
Tuesday, November 14, 2023

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has ranked among the country’s top two utilities in National Public Utilities Council’s (NPUC) 2023 Utility Decarbonization Report .

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has ranked among the country’s top two utilities in National Public Utilities Council’s (NPUC) 2023 Utility Decarbonization Report .
  • “Decarbonization is the only way to combat climate change,” said Pedro Azagra, Avangrid CEO.
  • Utilities were ranked using six key metrics related to each utilities’ fuel mix, carbon emissions, decarbonization goals and low-carbon investments.
  • From championing practical solution-based roundtable discussions to being a repository of knowledge and research for utilities, NPUC is pioneering the decarbonization movement and forging new paths for utility decarbonization efforts.

Avangrid’s Veteran Workforce Double National Energy Industry Average

Retrieved on: 
Friday, November 10, 2023

According to the U.S. Department of Energy veterans make up nine percent in the U.S. energy workforce.

Key Points: 
  • According to the U.S. Department of Energy veterans make up nine percent in the U.S. energy workforce.
  • “There is always a high demand in the energy industry for skilled workers, and veterans are a natural fit because of their disciplined nature and high priority of safety,” said Pedro Azagra, Avangrid CEO.
  • “I recognize the leadership skills and mission-driven focus from military service that can translate well to our industry.
  • Avangrid will always welcome veterans and we’re very proud to have so many men and women who have served our country helping us to build a clean energy future.”

Statement From Avangrid on the Maine Utility Takeover Referendum

Retrieved on: 
Wednesday, November 8, 2023

The following is a statement from Avangrid, Inc. (NYSE: AGR) regarding today’s vote on the Maine utility takeover referendum:

Key Points: 
  • The following is a statement from Avangrid, Inc. (NYSE: AGR) regarding today’s vote on the Maine utility takeover referendum:
    “Fifty years ago, in 1973, voters in Maine soundly rejected a proposal to seize Maine’s electric grid and replace it with a political board ( 61 NO – 39 YES ).
  • Maine voters have once again rejected this risky proposal.
  • “Next year Central Maine Power will mark 125 years since its founding, and its commitment to delivering safe and reliable service remains unchanged.
  • “In the face of climate change, meeting the needs of an increasingly electrified society is best done by those with the most experience.

Avangrid Annual Hackathon Invests in the Next Generation of Clean Energy Talent

Retrieved on: 
Wednesday, November 1, 2023

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently celebrated the energy industry’s next generation of talent during its annual Clean Energy Hackathon.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, recently celebrated the energy industry’s next generation of talent during its annual Clean Energy Hackathon.
  • “Leading change requires us to invest in the talent that drives it,” said Pedro Azagra, Avangrid CEO.
  • “The Hackathon is an important way for us to engage with current students and help to develop the future clean energy workforce.
  • “The Hackathon was an excellent opportunity for us to immerse ourselves in the challenges of the wind energy landscape,” said Chaturvedi from Yale’s second-place team.

Jacobs Wins New Contract to Support UK's Nuclear Power Plants

Retrieved on: 
Monday, November 6, 2023

DALLAS, Nov. 6, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was awarded a new Project Management Resources (PMR) framework contract with EDF Nuclear Generation, licensee of eight nuclear power stations which account for approximately 16% of the U.K.'s electricity output.

Key Points: 
  • DALLAS, Nov. 6, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was awarded a new Project Management Resources (PMR) framework contract with EDF Nuclear Generation , licensee of eight nuclear power stations which account for approximately 16% of the U.K.'s electricity output.
  • EDF estimates the value of the new two-year contract, which starts on Jan. 1, 2024, at more than $53 million.
  • "Our commitment to supporting the U.K.'s nuclear power fleet helps communities to access sustainable, emission-free energy generation," said Jacobs Senior Vice President Karen Wiemelt.
  • Now in its ninth year, the existing PMR contract supports work for more than 200 project management, project engineering specialists and site team supervisors.

Avangrid’s Parent Company Iberdrola Marks Spain’s Contributions to U.S. Independence

Retrieved on: 
Friday, October 27, 2023

Avangrid, Inc.’s (NYSE: AGR) parent company Iberdrola recently marked the end of Hispanic Heritage Month by celebrating Spain’s contribution to U.S.

Key Points: 
  • Avangrid, Inc.’s (NYSE: AGR) parent company Iberdrola recently marked the end of Hispanic Heritage Month by celebrating Spain’s contribution to U.S.
  • Independence at events in Virginia and Massachusetts.
  • These events are part of Iberdrola's Unveiling Memories project , which aims to leave a permanent legacy of the crucial contribution of Spain and Latinos and Hispanics to American independence.
  • The second event took place at Marblehead Museum in Massachusetts where Iberdrola officials helped unveil a bronze plaque dedicated to Diego María de Gardoqui at Lee Mansion.