Avangrid

Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Avangrid reports robust Q4 earnings, eyes growth amid challenges

Avangrid's Q4 2022 earnings call highlighted strong financial performance, strategic investments in clean energy, and positive outlook for 2023. Challenges in Networks earnings and ongoing negotiations pose potential impacts on future financial results.

Avangrid reports solid Q1 results, affirms 2023 earnings outlook

Avangrid's Q1 performance driven by strategic initiatives in networks and renewables, affirming outlook for 2023 earnings.
Balancing challenges of higher costs and pending rate cases with opportunities in project advancements and financial sustainability.
Maintaining focus on trust, collaboration, and growth prospects, with a commitment to executing value creation in regulated and renewables businesses.
Confidence in achieving targets, managing costs, and capturing growth opportunities through planned investments in renewable energy expansion.

Avangrid meets Q2 expectations, focuses on sustainability and growth

Avangrid's Q2 performance met expectations, with a strong focus on sustainability and growth initiatives.
The company faces challenges in navigating rate cases, mergers, and strategic asset management.
Opportunities in renewable energy projects, transmission investments, and talent development can drive future success.
Overall, Avangrid's commitment to financial stability, renewable energy, and stakeholder value creation positions it for long-term growth.

Avangrid reports solid Q3 earnings, focuses on growth opportunities

Avangrid's Q3 performance showed solid financial results, progress on key projects, and recognition for sustainability efforts. While facing challenges with wind project terminations and CFO resignation, the company is focused on leveraging opportunities for growth and enhancing compliance. Avangrid's strategic focus on sustainability, project development, and financial metrics remains strong.

Avangrid reports robust Q4 earnings, eyes growth in renewables

Avangrid's Q4 2023 performance reflects strong financial results and strategic investments in renewables, positioning the company for future growth.
While facing challenges such as legal matters and strategic decisions, Avangrid's commitment to operational efficiency and growth opportunities remains strong.
With a clear focus on financial stability, dividend policy, and long-term growth prospects, Avangrid is poised for continued success in the energy sector.

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PORTLAND, Ore.--(BUSINESS WIRE)--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). Located near Moro, Ore., close to several wind farms owned and operated by the company, the NTC will be a world-class facility capable of training and upskilling Avangrid technicians across a variety of wind and solar technologies. “We are incredibly proud to see this project com.

Avangrid Breaks Ground on National Training Center

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment and in offshore wind development through its affiliate Vineyard Offshore, today announced that the Vineyard Wind 1 project has launched its Fisheries Compensatory Mitigation Program. The third party administered program seeks to provide fair, equitable compensation to commercial fishe.

Enrollment Opens for Vineyard Wind 1 Fisheries Compensation Program

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Recognized as One of the World's Most Ethical Companies for Sixth Year.

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

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Named to Barron's 100 Most Sustainable Companies.

Avangrid Named to Barron's 100 Most Sustainable Companies

ORANGE, Conn.--(BUSINESS WIRE)-- #CustomerExcellence--Avangrid's Customer Experience and Digital Center of Excellence Leading the Way.

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

BOSTON--(BUSINESS WIRE)--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 Commerc.

Avangrid Hosts Federal Leadership at New Bedford Marine Commerce Terminal

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Foundation Awards $140,000 to Wildlife Rehabilitation Centers.

Avangrid Foundation Awards $140,000 to Wildlife Rehabilitation Centers

Avangrid, Inc. (AGR) Q4 2023 Earnings Call Transcript

BOSTON--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment and in offshore wind development through its affiliate Vineyard Offshore, today announced that the developers have powered up the first five GE Haliade-X turbines for the nation-leading Vineyard Wind 1 project, delivering clean energy to 30,000 homes and businesses in Massachusetts. V.

Avangrid Powers Up Five Vineyard Wind 1 Turbines, Delivers Clean Energy to 30,000 Massachusetts Homes

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Subsidiaries NYSEG and RG&E Advance Their First Whole Home Electrification Project in New York.

Avangrid Subsidiaries NYSEG and RG&E Advance Their First Whole Home Electrification Project in New York

AVANGRID's (AGR) fourth-quarter earnings and revenues increase year over year. Operating expenses decline during the same period.

AVANGRID (AGR) Q4 Earnings Surpass Estimates, Sales Rise Y/Y

Avangrid (AGR) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.39 per share a year ago.

Avangrid (AGR) Beats Q4 Earnings Estimates

ORANGE, Conn.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE:AGR) posted its fourth quarter & full year 2023 earnings release and presentation in the Investors section of the Company's website. Interested parties can access using the following link: www.avangrid.com. In conjunction with the earnings release, Avangrid will conduct a webcast conference call with financial analysts on Thursday, February 22, 2024, beginning at 9:00 A.M. ET. Avangrid's Executive team will present an overview of the fina.

Avangrid Fourth Quarter & Full Year 2023 Financial Results Available on Company's Website

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking.

Nasdaq's Times Square Tower Honors Avangrid's Top JUST 100 Ranking

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced Midland Wind has achieved commercial operation. The 106 MW wind farm located in Henry County is the company's fourth wind farm in Illinois, bringing total capacity in the state to more than 600 MW. “We are proud to have achieved this milestone with Midland Wind, which is now operational and delivering power,” said Pedro Azagra, Avangrid CEO. “Our f.

Avangrid's Fourth Wind Farm in Illinois Achieves Commercial Operation

AVANGRID???s (AGR) fourth-quarter 2023 results are expected to benefit from the implementation of a new electric rate and increased production.

AVANGRID (AGR) to Report Q4 Earnings: Here's What to Expect

BINGHAMTON, N.Y.--(BUSINESS WIRE)--New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E) subsidiaries of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced their best reliability in five years. Delivering energy safely and reliably to their 1.9 million customers is the top priority for NYSEG and RG&E. As the electric and gas infrastructure in Upstate New York ages, the Companies invest in the grid.

Avangrid Subsidiaries NYSEG and RG&E Deliver Best Reliability in Five Years

Avangrid (AGR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Avangrid (AGR) Reports Next Week: Wall Street Expects Earnings Growth

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the signing of a new power purchase agreement (PPA) with Amazon to source renewable energy from an Avangrid wind farm located in Gilliam County, Oregon. The Amazon Wind Farm Oregon – Leaning Juniper IIA will have a capacity of 98.4 MW. “We are proud to have signed this agreement with Amazon, a company that shares our commitment to accelerating the.

Avangrid and Amazon Expand U.S. Partnership with 98.4 MW Wind Project in Oregon

ORANGE, Conn.--(BUSINESS WIRE)-- #ArtificialIntelligence--Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence.

Avangrid Pilots Mobile Robot Dog to Advance Substation Inspections with Artificial Intelligence

ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking.

ICYMI: Avangrid CEO Pedro Azagra Guest on CNBC's “Squawk Box” to Discuss JUST 100 Ranking

PORTLAND, Ore.--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has delivered and installed both Main Power Transformers at its True North solar project, marking a major milestone for the company's first solar farm in Texas. Module and racking system installation also continues to progress on site as overall project construction remains on schedule. “We are thrilled to see construction at True North pro.

True North Solar Project Achieves Construction Milestone with Delivery of Main Power Transformers

ORANGE, Conn.--(BUSINESS WIRE)-- #AmericasMostJUSTCompanies--Avangrid Ranks First Among Utilities on 2024 JUST 100.

Avangrid Ranks First Among Utilities on 2024 JUST 100

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ORANGE, Conn.--(BUSINESS WIRE)-- #CleanEnergy--Avangrid Partners with Colby College to Launch Global Sustainability Independent-Study.

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