ORANGE, Conn.–(BUSINESS WIRE)–Pedro Azagra, CEO of Avangrid, Inc. (NYSE: NYSE:), a leading sustainable energy company and member of the Iberdrola Group (OTC:), today issued the following statement at the start of Climate Week New York.
Under the leadership of Iberdrola CEO Ignacio Galán, Avangrid has embarked on a journey to determinedly and confidently lead the clean energy transition in the United States. We recognize that we are at a pivotal moment in our history as we mark the beginning of Climate Week NYC, where the urgency to fight climate change has never been greater. Every devastating storm, heat wave, or drought “likely made worse by our changing climate” demonstrates the need for immediate action. In keeping with this year’s theme, it is time to accelerate progress.
With a growing portfolio of more than 9 gigawatts of installed clean energy and America’s first large-scale offshore wind farm currently under construction, we’re not just promising a greener future — we’re building it today. Along the way, we’re making record investments in our networks to help our millions of energy customers meet the next extreme event driven by climate change.
The demand for safe, clean and affordable electricity to power our homes and businesses will continue to grow. Together with our global partners, Avangrid has been at the forefront of the energy transition and will continue to move forward to achieve our common goal of creating a healthier future that ensures the well-being of future generations.
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, Connecticut, with approximately $45 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: grid and renewables. Through its grid business, Avangrid owns and operates eight electric and utility companies, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities throughout the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies, “a ranking of America’s best corporate citizens,” in 2024 for the fourth consecutive year. In 2024, Avangrid ranked first among utilities and twelfth overall. The company supports the UN Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
The original version of this release was posted on businesswire.com: https://www.businesswire.com/news/home/20240922497083/en/
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Keaton Thomas
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Source: AVANGRID, Inc.