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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.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, continues to provide electricity from its energy assets located throughout the United States, even during the depths of winter. The electricity provided by our assets is helping ensure power continues to flow to homes and businesses during a recent winter cold snap, keeping lights on and buildings warm. “Even in the midst of freezing temperatures, our energy assets are proving.
ORANGE, Conn.--(BUSINESS WIRE)--Iberdrola and Avangrid, Inc., today announced that Iberdrola and Avangrid received an invitation to the Inauguration of President Donald J. Trump in Washington, D.C. As a leading energy company, Iberdrola and Avangrid serve more than 3.3 million homes and business customers in major metropolitan areas, through its eight electric and natural gas companies in New York and New England, and operates energy generation facilities in 23 states across the U.S. Iberdrola.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has received dual Emergency Response Awards from Edison Electric Institute (EEI). The awards honor the extraordinary performance of Avangrid companies New York State Electric & Gas (NYSEG) and Central Maine Power (CMP) during recovery and restoration efforts from storms in 2024. “We are committed to serving our customers with safe and reliable ser.