Avangrid Foundation Awards $135,000 to Habitat for Humanity to Build Stronger Communities
31 May 2024 - 11:00PM
Business Wire
Funds will support local Habitats within
Avangrid service areas, such as Greater Rochester, Greater
Portland, Portland Region, and Greater New Haven
Brings the Avangrid Foundation’s total grants
to Habitat for Humanity to more than $875,000 since 2018
The Avangrid Foundation, the primary philanthropic arm of
leading sustainable energy company Avangrid, Inc. (NYSE: AGR), has
announced a $135,000 grant to Habitat for Humanity, continuing
Avangrid’s longtime partnership with the organization. The funds
will directly support the efforts of more than 10 local Habitat
partners within Avangrid’s service areas in New York, Maine,
Connecticut, Oregon, and across the United States.
“We believe in building more sustainable communities and
investing in a positive social impact,” said Pedro Azagra, Avangrid
CEO. “Habitat for Humanity has proven that their work transforms
lives and communities. By supporting Habitat for Humanity, we’re
investing in more than just housing. We’re contributing to the
foundation of community development, economic stability and social
equity.”
The Avangrid Foundation began a partnership with the national
Habitat for Humanity in 2019, advancing the legacy of its
subsidiaries which had been involved with their local Habitat
partners for years through volunteering and corporate donations.
Since 2018, the Avangrid Foundation has contributed more than
$875,000 in grants to Habitat for Humanity to support home
construction and repairs, playhouse builds, and ReStore
support.
“Habitat for Humanity is a great partner not only because they
do impactful work, but also because they touch so many of the
communities where our teams live and work,” said Pablo Colón,
director of corporate citizenship and executive director of the
Avangrid Foundation. “Safe and affordable housing is critical to
combating poverty and helping families live their full potential.
We are so proud to support our fellow community members in
achieving their dream of home ownership.”
Last year, Avangrid employees hosted 19 build days within their
communities and dedicated 700 hours of volunteering. The company is
continuing that commitment this year. Recently, Rochester Gas and
Electric (RG&E) employees in Rochester, New York celebrated
Arbor Day by planting trees outside homes newly built by Greater
Rochester Habitat for Humanity. This effort builds on RG&E’s
support of the local Habitat partner within the last year, which
included employees volunteering more than 150 hours at three build
days to help construct a home sponsored by the Avangrid Foundation
for a Rochester-area family.
"From the foundation to the roof, and every nail and tree
planted in between, Avangrid’s generosity and dedication have built
more than just a house at 344 Garson Ave in the Emma/Beechwood
neighborhood,” commented Laurie Streber, Director of Development
and Marketing, Greater Rochester Habitat for Humanity. “Their
hands-on involvement during the house construction and their
presence at the Dedication speaks volumes of their ongoing
commitment to making a difference. Avangrid continues to be a
cornerstone of positive change in our community."
In Portland, Oregon, employees recently helped Habitat for
Humanity Portland Region build and decorate a custom playhouse for
a local child going through a life-altering loss in their family.
The custom design was created based on the child’s interests and
featured unicorns.
“We always know it is going to be a great day when we have
Avangrid employees coming out to volunteer. Not only are they huge
supporters, but they are also incredibly enthusiastic and fun to
work with. They really love putting in the sweat and hard work to
support their community partners,” said Tor Ostrom, Senior Business
Engagement Officer, Habitat for Humanity Portland Region.
About Avangrid Foundation: The Avangrid Foundation is an
independent, nonprofit organization that funds philanthropic
investments that primarily impact communities where Avangrid, Inc.
and its subsidiaries operate. Since 2001, the Avangrid Foundation
and its predecessors have invested more than $38.9 million in
partnerships that focus on building sustainable, vital and healthy
communities; preserving cultural and artistic heritage; advancing
education; and improving people’s lives. The Avangrid Foundation is
committed to advancing the United Nations Sustainable Development
Goals in the United States. For more information, please visit
www.avangridfoundation.org.
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/20240531484084/en/
Media: Sarah Warren sarah.warren@avangrid.com
585-794-9253
Avangrid (NYSE:AGR)
Historical Stock Chart
From May 2024 to Jun 2024
Avangrid (NYSE:AGR)
Historical Stock Chart
From Jun 2023 to Jun 2024