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ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, today announced $400,000 in grants to 19 wildlife rehabilitation organizations as part of its Wildlife Rehabilitation Program. This is the largest combined funding award in the program's nine-year history. Since its inception, the Avangrid Foundation's Wildlife Rehabilitation Program has now given over $1 million in grants to organizations nati.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that Ethisphere has awarded it with the coveted Compliance Leader Verification for 2025-2026, making this the Company's fourth consecutive two-year term. Ethisphere is a global leader in defining and advancing the standards of ethical business practices. Avangrid has held the Compliance Leader Verification since 2019. Avangrid is maximizing American energy production, deli.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, and its subsidiaries in New York, Connecticut, and Maine worked to restore power to roughly 100,000 customers after a long-duration winter storm impacted the northeast United States over the weekend. Crews in all three states worked through freezing temperatures, strong winds, and icy conditions to ensure fast and safe power restoration for the thousands of residential customers and busin.
NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are the only firm to have filed a federal securities class action lawsuit on behalf of former public common shareholders of Avangrid, Inc. (former ticker symbol: AGR), in connection with the acquisition by Iberdrola, S.A. (the “Merger”). The case is styled Goldschein v. Avangrid, Inc., Case No. 25-cv-00772 (the “Federal Class Action”), and a copy of the Complaint can be obtained at www.monteverdelaw.com/news .
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI revolution, and actively working to bring more reliable electricity generation online to support growing demand. According to a December report from the U.S. Department of Energy, data center load growth has tripled over the past decade and is projected to double or triple again by 2028. Avangrid.
PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power, Inc. (AMP) for a portion of the energy produced from Avangrid's Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable energy for the region and economically support rural Ohio communities with jobs, lease payments and tax revenue. “Blue C.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it was recognized for the fifth consecutive year on the annual JUST 100 – a list of America's best corporate citizens published by JUST Capital and its media partner, CNBC. Avangrid's continued presence on this prestigious list is indicative of its commitment to serving to all stakeholders, including employees, customers, communities, and the environment. Avangrid ran.
ORANGE, Conn.--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading sustainable energy company Avangrid Inc., a member of the Iberdrola Group, announced today that employees volunteered over 37,000 hours last year, shattering the Company's stated goal of 25,000 volunteer hours in 2024. Avangrid employees have increased their volunteer hours tenfold since 2021 when it began tracking these figures and surpassed its longstanding goal of 35,000 volunteer hours by 2025 one year.
NEW YORK , Jan. 30, 2025 /PRNewswire/ -- Monteverde & Associates PC (the M&A Firm) announces that a federal securities class action has been filed in the United States District Court for the Southern District of New York, on behalf of former public common shareholders of Avangrid, Inc. ("Avangrid" or the "Company") (former ticker symbol: AGR), who were harmed by alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") in connection with the acquisition of Avangrid by Iberdrola, S.A. (as to the acquisition, the "Buyout").
SODUS, N.Y.--(BUSINESS WIRE)--Avangrid subsidiary, Rochester Gas and Electric (RG&E) today announced the completion of upgrades on a new substation in Sodus, New York that will increase reliability and capacity for more than 3,300 residential and commercial customers in Sodus and the surrounding area. The $23 million investment is part of Avangrid and RG&E's more than $7 billion statewide secured investments through 2030, adding to its current rate base in New York of $8 billion, to mod.