NYSE:AGR

Avangrid Releases Kitty Hawk Wind Economic Impact Report

Retrieved on: 
Thursday, March 7, 2024
State, Local, Other Energy, Labor, Utilities, Green Technology, Oil, Gas, Alternative Energy, Public Policy, Government, Environment, Energy, Sustainability, AGR, Commonwealth, Climate, Greenhouse, City, Wind, Equivalence relation, Carbon, Lynnhaven River, Electricity, VMA, Workforce, Vineyard Wind, FTE, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the release of a comprehensive economic assessment, the Kitty Hawk Wind: Economic & Fiscal Impact report.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the release of a comprehensive economic assessment, the Kitty Hawk Wind: Economic & Fiscal Impact report.
  • The report finds that the Kitty Hawk Wind project will deliver approximately $4.8 billion in economic impact across Virginia, including $1.2 billion in the City of Virginia Beach.
  • “Kitty Hawk Wind is a transformational opportunity for Virginia and offers significant economic benefit to the City of Virginia Beach and the entire Hampton Roads region,” said Avangrid CEO Pedro Azagra.
  • The Kitty Hawk Wind: Economic & Fiscal Impact report was prepared by Chmura Economics & Analytics, a top labor market data and analysis software consultant based in Richmond, VA.

Avangrid Joins JUST Capital and PayPal’s Worker Financial Wellness Initiative

Retrieved on: 
Wednesday, March 6, 2024
Environment, Human Resources, Finance, Utilities, Oil, Gas, Professional Services, Alternative Energy, Sustainability, Energy, PayPal, Chobani, AGR, Synchrony, Research, Prudential Financial, Fertility, Working class, Financial Health Network, Health, Parental leave, Verizon Communications, Capital, Initiative, EAP, Management

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, is continuing to prioritize their employees’ financial security and health by joining The Worker Financial Wellness Initiative by JUST Capital and PayPal.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, is continuing to prioritize their employees’ financial security and health by joining The Worker Financial Wellness Initiative by JUST Capital and PayPal.
  • The Initiative, established in collaboration with the Financial Health Network and Good Jobs Institute, offers resources to help companies assess and improve workers’ financial health.
  • The Worker Financial Wellness Initiative will cement us as a benefits leader and help us continue to enhance our programs and resources.”
    The Worker Financial Wellness Initiative was launched in 2020 and engages directly with corporate leaders to promote the business value of financial health investment and empower them to perform worker financial health evaluations.
  • Today, the initiative includes companies such as Chipotle, Chobani, Even, Prudential Financial, Synchrony, and Verizon, representing one million American workers.

Bureau of Ocean Energy Management Issues Final Environmental Impact Statement for Avangrid’s New England Wind Lease Area

Retrieved on: 
Tuesday, March 5, 2024
Other Energy, Environment, Utilities, Sustainability, Alternative Energy, Energy, ROD, Sierra Club, FEIS, Bureau, Economic development, AGR, Commonwealth, Climate, Construction, Wind, BOEM, Equivalence relation, Carbon, Climate change, COP, PLA, Electricity, Vineyard, Vineyard Wind, FTE, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area .

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the Bureau of Ocean Energy Management (BOEM) has issued the Final Environmental Impact Statement (FEIS) for its New England Wind lease area .
  • The New England Wind lease area has the potential to provide approximately 2 Gigawatts to the region, enough clean, reliable energy to power nearly 1 million homes and businesses.
  • “Avangrid is grateful to the Bureau of Ocean Energy Management for its comprehensive environmental review of the New England Wind lease area – which has the potential to deliver approximately 2 Gigawatts of clean, reliable energy, power nearly 1 million households, and advance the region’s ambitious climate goals.
  • “Offshore wind holds immense potential to diversify our energy sources, reduce greenhouse gas emissions, and create high-quality jobs in the clean energy sector.

Avangrid Recognized as One of the World’s Most Ethical Companies for Sixth Year

Retrieved on: 
Monday, March 4, 2024
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, AGR, Ethics, Culture, ESG, Organization

“Ethics are not just a set of rules, they are the moral compass that guides our decisions,” said Pedro Azagra, Avangrid CEO.

Key Points: 
  • “Ethics are not just a set of rules, they are the moral compass that guides our decisions,” said Pedro Azagra, Avangrid CEO.
  • “We’re incredibly proud to be one of the World’s Most Ethical Companies for the sixth year in a row.
  • “Congratulations to Avangrid for earning their place among the World’s Most Ethical Companies for the sixth consecutive year,” said Erica Salmon Byrne, Ethisphere’s chief strategy officer and executive chair.
  • To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees .

Avangrid Breaks Ground on National Training Center

Retrieved on: 
Monday, March 4, 2024
Alternative Energy, Energy, Other Energy, GWO, AGR, Climate, Life, Virtual reality, Certification, NTC, Farm, Environment, Wind, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has begun construction on its National Training Center (NTC).

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has begun construction on its National Training Center (NTC).
  • “We are incredibly proud to see this project come to life and take our training capabilities to the next level,” said Pedro Azagra, Avangrid CEO.
  • “This facility will be a differentiator for our company by speeding up the training and onboarding of our new hires while boosting the proficiency of current employees.
  • Avangrid is adding to this uniqueness with the development of and investment in the NTC,” said Joe Dabulskis, Sherman County Judge.

Enrollment Opens for Vineyard Wind 1 Fisheries Compensation Program

Retrieved on: 
Monday, March 4, 2024
Other Natural Resources, Food, Beverage, Other Energy, Agriculture, Utilities, Natural Resources, Retail, Alternative Energy, Environment, Energy, Sustainability, OCS, Division, AGR, Fishery, Culture, CIP, Wind, CZM, Integrated coastal zone management, IRS, Copenhagen Infrastructure Partners, DMF, Vineyard, Vineyard Wind, Whaling

The launch of the program opens a 90-day window for fishermen to qualify for compensation at www.vw1fisheriescomp.com .

Key Points: 
  • The launch of the program opens a 90-day window for fishermen to qualify for compensation at www.vw1fisheriescomp.com .
  • The Vineyard Wind Fisheries Compensation Fund will bolster our commercial fisheries during this time of transition to clean energy—we hope this fund can be a model for ensuring offshore wind and commercial fisheries thrive together."
  • To support the program, Vineyard Wind 1 has established three escrow funds to compensate affected fishermen in Massachusetts, Rhode Island, Connecticut, New Jersey, and New York.
  • Fishermen will not need to demonstrate economic impacts from Vineyard Wind 1 to qualify for the program or receive compensation payments.

Avangrid Named to Barron’s 100 Most Sustainable Companies

Retrieved on: 
Tuesday, February 27, 2024
Environment, Climate Change, Utilities, Oil, Gas, Professional Services, Alternative Energy, Sustainability, Energy, Environmental, Social and Governance (ESG), JUST, AGR, ESG, Biodiversity, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has been named for the first time to Barron’s 100 Most Sustainable Companies .

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and a member of the Iberdrola Group, announced today that it has been named for the first time to Barron’s 100 Most Sustainable Companies .
  • I’m proud that our actions today will shape a greener more sustainable future for generations to come.”
    To build its list of most sustainable companies, Barron’s partnered with Calvert, a leader in ESG investing.
  • In addition to this honor from Barron’s, Avangrid was recently named on JUST Capital’s annual JUST 100 for the fourth consecutive year .
  • To learn more about Barron’s 2024 100 Most Sustainable Companies or their methodology, click here .

Avangrid Hosts Federal Leadership at New Bedford Marine Commerce Terminal

Retrieved on: 
Monday, February 26, 2024
Environment, Maritime, Other Energy, Transport, Utilities, Oil, Gas, Alternative Energy, Sustainability, Energy, Woman, AGR, Commonwealth, Wind, Equivalence relation, Carbon, Sound, PLA, Electricity, Vineyard, Workforce, Terminal, Vineyard Wind, FTE

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, hosted Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin Sligh and other agency leadership for a tour of the New Bedford Marine Commerce Terminal on Wednesday, February 21, 2024.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, hosted Bureau of Safety and Environmental Enforcement (BSEE) Director Kevin Sligh and other agency leadership for a tour of the New Bedford Marine Commerce Terminal on Wednesday, February 21, 2024.
  • The Terminal serves as the staging port and offshore control and marine coordination center for the first-in-the-nation Vineyard Wind 1 project.
  • “The New Bedford Marine Commerce Terminal is the foundation for our operations in pioneering Vineyard Wind 1, the first large-scale offshore wind project in the United States,” said Avangrid CEO Pedro Azagra.
  • Construction flows through the New Bedford Marine Commerce Terminal.

Avangrid’s Customer Experience and Digital Center of Excellence Leading the Way

Retrieved on: 
Monday, February 26, 2024
Environment, Utilities, Oil, Gas, Sustainability, Alternative Energy, Energy, Smart Energy, AGR, Research, Marketing, Culture, Small business, Climate change, Customer experience, Electricity, Heart, Shoe, Sales

The Customer Experience and Digital Center of Excellence is a dedicated cross-functional unit that consolidates customer experience strategy, digital product development, marketing, research, and end-to-end journey redesign.

Key Points: 
  • The Customer Experience and Digital Center of Excellence is a dedicated cross-functional unit that consolidates customer experience strategy, digital product development, marketing, research, and end-to-end journey redesign.
  • This ensures a seamless and consistent experience across all touchpoints, from the mobile app to energy management tools and core operational customer experience improvements.
  • “By developing our Customer Experience and Digital Center of Excellence, we work more efficiently and at a greater scale to increase customer satisfaction.
  • “That's why our Customer Experience and Digital Center of Excellence isn't just about creating solutions, it's about forging partnerships built on deep understanding.

Avangrid Foundation Awards $140,000 to Wildlife Rehabilitation Centers

Retrieved on: 
Friday, February 23, 2024
Environment, Climate Change, Utilities, Oil, Gas, Alternative Energy, Sustainability, Philanthropy, Energy, Foundation, AGR, Bird, Multimedia, Triage, Investment, SOAR, Reptile, Animal, Chimney swift, National Marine Life Center, Mammal, HPAI, Knowledge, Rehabilitation, Hawk, Hunting

The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), today announced a record total of $140,000 in grants to 15 wildlife rehabilitation centers as part of its Wildlife Rehabilitation Program.

Key Points: 
  • The Avangrid Foundation, the primary philanthropic arm of leading sustainable energy company Avangrid, Inc. (NYSE: AGR), today announced a record total of $140,000 in grants to 15 wildlife rehabilitation centers as part of its Wildlife Rehabilitation Program.
  • Now in its eighth year, Avangrid Foundation’s Wildlife Rehabilitation Program has given a total of more than $650,000 in grants to centers nationwide.
  • “We are very proud to help combat these risks through the Avangrid Foundation’s Wildlife Rehabilitation Program.
  • A big thank you to everyone at Avangrid and the Avangrid Foundation.”
    For more information on the Avangrid Foundation, click here .