BICKLETON, Wash.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a long-term Power Purchase Agreement (PPA) with Puget Sound Energy (PSE) for the Big Horn I project in Klickitat County, Washington. With a nameplate capacity of 199.5 Megawatts (MW), Big Horn I can generate enough electricity for about 70,000 homes annually. This expands the relationship between Avangrid and PSE, representing the fourth PPA executed by t.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid and Clarkson lead research to improve grid capacity, EV charging, and battery energy storage systems.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it extended its offtake agreement with Xcel Energy for electricity produced at Avangrid's MinnDakota energy project. This extension of an existing Power Purchase Agreement (PPA) between the two companies will ensure MinnDakota continues to generate reliable energy for the region and support the local economy. “MinnDakota was a milestone project when it was built and i.
Stock News Amazon trims 16,000 corporate roles: Amazon (AMZN) announced a second round of layoffs in three months, cutting ~16,000 roles as it streamlines layer
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., today announced that its CEO, Pedro Azagra, has been appointed by Iberdrola Executive Chairman Ignacio Galán and the Iberdrola Board of Directors, as CEO of the Iberdrola, S.A. With Azagra's appointment, Jose Antonio Miranda, President and CEO of Avangrid Power and Kimberly Harriman, currently SVP, Public and Regulatory Affairs, have been named CEO and Deputy CEO of Avangrid, respectively. Mr. Azagra has overseen Avangrid during a period of substa.
Primary Health Properties PLC (LSE:PHP, OTC:PHPRF) called on Assura Group (LSE:AGR) investors to "take no action" in response to their board's recommendation of a £1.7 billion takeover by New York-based private equity groups. In a statement issued after the UK government's spending review, the London-listed healthcare centre developer said it is "considering its options", suggesting it may opt for a hostile bid – ie one not supported by the board of the target company's board.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it grew its investment with U.S. suppliers to $4.3 billion in 2024, representing a 16% increase compared to 2023 and affirming Avangrid's commitment to supporting domestic jobs and manufacturing. By working with over 7,000 suppliers and sourcing from businesses in every state in the nation, Avangrid sources American-made equipment for its utility companies in the Nort.
ORANGE, Conn.--(BUSINESS WIRE)--Today, Avangrid, Inc., a leading energy company and member of the Iberdrola Group, responded to a call for mutual assistance in western Pennsylvania by sending crews from its Connecticut subsidiary, United Illuminating (UI), in the wake of severe storms that swept the region on Tuesday evening, April 29. In total, 30 lineworkers, four managers, and two support personnel will arrive in Pennsylvania this evening to help restore hundreds of thousands of outages in p.
ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, was named a Stevie Award winner in the large energy company of the year category in the 23rd Annual American Business Awards. The American Business Awards are the U.S.A.'s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. “We are proud to be recognized by the 2025.
FAIRFIELD, Maine--(BUSINESS WIRE)--The Avangrid Foundation, the philanthropic arm of leading energy company Avangrid Inc., a member of the Iberdrola Group, and Central Maine Power (CMP) joined Kennebec Valley Community College (KVCC) in a ribbon-cutting ceremony for their Electrical Lineworker Technology Program. KVCC unveiled their new Derrick Digger Truck, a state-of-the-art addition to the program's training resources. The Avangrid Foundation provided $100,000 for the new vehicle that will p.
