Avangrid Named to TIME’s America’s Best Mid-Size Companies 2024
12 July 2024 - 2:30AM
Business Wire
Inaugural list names America’s best companies
on sustainability transparency, revenue growth, and employee
satisfaction
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and a member of the Iberdrola Group, has been awarded to TIME’s
inaugural list of America’s Best Mid-Size Companies 2024. This
prestigious honor is presented to companies with superior
sustainability transparency, revenue growth, and employee
satisfaction.
“We are honored to be recognized by TIME as one of America's
Best Mid-Size Companies,” said Pedro Azagra, Avangrid CEO. “This
accolade is a testament to Avangrid's steadfast commitment to
sustainability, our continuous growth, and the dedication we have
to our employees' satisfaction and well-being. Our inclusion makes
it clear that our efforts to foster a sustainable future are
resonating not only within our company but across the industry and
beyond. Alongside Iberdrola, we will continue to set the bar high
and remain at the forefront of the sustainable energy sector.”
America's Best Mid-Size Companies 2024, presented by TIME and
Statista Inc, were identified based on three dimensions—employee
satisfaction, revenue growth, and sustainability transparency—using
more than 15 different criteria. The project scope considered all
companies that operate in the United States and generated at least
$100 million in revenue but less than $10 billion in 2022 or
2023.
Avangrid is one of the country’s cleanest utilities with an
emissions intensity over six times lower than the U.S. power sector
average since 2015. The company operates 8.8 gigawatts (GW) of
emissions-free installed capacity in 24 states across the country
and serves more than 3.3 million customers through its utilities in
the Northeast. Avangrid is also pioneering the United States’
offshore wind energy with its Vineyard Wind 1 project, which
recently announced it is delivering more than 136 megawatts (MW) to
the electric grid in Massachusetts, making it the largest operating
offshore wind project in the United States.
Statista Is the leading statistics portal and industry ranking
provider. It publishes hundreds of worldwide industry rankings and
company listings with high-profile media partners. This research
and analysis service is based on the success of statista.com, the
leading data and business intelligence portal that provides
statistics, relevant business data, and various market and consumer
studies and surveys.
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/20240711343793/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
Avangrid (NYSE:AGR)
Historical Stock Chart
From Jun 2024 to Jul 2024
Avangrid (NYSE:AGR)
Historical Stock Chart
From Jul 2023 to Jul 2024