Avangrid contributors They approved by a majority all proposals made at the 2023 general meeting of shareholders, held in Boston, Massachusetts. with an overwhelming turnout of 98.5%, The result shows strong support for Avangrid’s strategic direction and management system.
with approximately $41,000 million, More than 36,600 million eurosin assets and Operations in 24 states of the country, AvangriD. has two main businesses: networks and renewable energy.
In 2022 the company invested $2,700 million in both businesses It continues to enhance its network in order to better serve customers. In addition, it continues to invest in networks that will help achieve goals to launch clean energy projects in Maine and New York. The goal is to contribute to Promote long-term economic growth, local development and job creation.
Iberdrola supplies its renewable resources throughout the United States
Avangrid Renewable Energy’s proven US capacity is 8,600 MW that is emission-free and sufficient to supply for about 2.7 million households. This year it will begin generating power from the nation’s first large-scale offshore wind facility, Vineyard Wind 1, which will soon serve 400,000 customers throughout Massachusetts.
Ignacio Galán, the company’s president, addressed the company’s shareholders and affirmed his investment commitment to accelerating the energy transition: “Now more than ever, we need advances in energy independence and decarbonization. Avangrid is poised to lead America toward a clean energy future and provide our customers with safer, more sustainable and affordable energy.”
Through its renewable energy business, Avangrid owns and operates a group of 75 facilities assist the states where the company is located Help you achieve your environmental goals by generating clean electricity and reducing your carbon footprint. They also provide important benefits to communities as an engine of employment and local economic growth.
The company employs more than 7,500 people
Avangrid employs more than 7,500 people It was recognized by JUST Capital in 2021, 2022 and 2023 as one of the “JUST 100” companies, a rating of the best American companies. In 2023, it is ranked first in the utility sector for its commitment to the environment.
For his part, Pedro Azagra, CEO of Avangrid, confirmed this The company is proud to play a critical role in America’s energy transition. We have over 20 years of commitment to clean energy as part of the Iberdrola Group, giving us the experience and dedication needed to build a clean energy future for all. We will do this through the expansion of smart grids, the strong growth of renewables, and the development of green hydrogen.”
