Advertisement
UK markets closed

  • NIKKEI 225

    38,385.73
    +29.67 (+0.08%)
     

  • HANG SENG

    19,073.71
    -41.35 (-0.22%)
     

  • CRUDE OIL

    78.75
    +0.73 (+0.94%)
     

  • GOLD FUTURES

    2,392.10
    +32.20 (+1.36%)
     

  • DOW

    39,835.42
    +277.31 (+0.70%)
     

  • Bitcoin GBP

    51,781.00
    +3,365.16 (+6.95%)
     

  • CMC Crypto 200

    1,377.78
    +109.83 (+8.66%)
     

  • NASDAQ Composite

    16,730.11
    +218.93 (+1.33%)
     

  • UK FTSE All Share

    4,596.71
    +13.48 (+0.29%)
     
Money:

How to claim expenses at work without breaking the rules

Knowing more about tax rules can save you money

Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico

Business Wire
·2-min read

ORANGE, Conn., April 29, 2024--(BUSINESS WIRE)--Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued a statement from Avangrid CEO Pedro Azagra on the groundbreaking of a new manufacturing facility for Array Technologies in New Mexico. Last year, Avangrid announced a $30 million contract with Array Technologies for solar trackers to be used at its True North solar project in Falls County, Texas.

"Congratulations to Array Technologies on their recent groundbreaking of a new manufacturing facility in Albuquerque, New Mexico," said Pedro Azagra, Avangrid CEO. "Array Technologies is a valuable renewable energy partner that is supplying solar trackers to our True North solar farm in Texas, which is currently under construction and will become Avangrid's largest solar project to date. We are thrilled to see them grow, while supporting the New Mexico economy with local, green energy jobs. Strong relationships with industry leaders like Array Technologies are vital to realizing our clean energy goals."

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $45 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, 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 across 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 12 overall. The company supports the U.N.’s 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240429364342/en/

Contacts

Keaton Thomas
Keaton.thomas@avangrid.com
503-956-9621