Pedro Azagra, CEO of Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, issued the following statement at the start of Climate Week NYC:
“Under the leadership of Iberdrola’s Executive Chairman Ignacio Galán, Avangrid has taken bold steps to lead the clean energy transition in the United States. As we kick off Climate Week NYC, we find ourselves at a crucial moment in history. The urgency to address climate change has never been clearer, as we witness the increasing intensity of storms, heat waves, and droughts, likely exacerbated by our changing climate. This year’s theme underscores the need to accelerate progress.
With over 9 Gigawatts of clean energy installed and America’s first large-scale offshore wind farm currently under construction, we are not just envisioning a greener future – we are actively building it. At the same time, we are making unprecedented investments in our power networks, ensuring our millions of customers are better prepared for the next climate-driven extreme weather event.
The demand for clean, reliable, and affordable electricity will continue to grow as our world becomes more electrified. Together with our global partners, Avangrid has been a leader in this energy transformation, and we are committed to advancing towards our shared goal of a healthier, more sustainable future for generations to come.”
Avangrid, Inc., headquartered in Orange, CT, is a top sustainable energy company in the U.S. With approximately $45 billion in assets and operations across 24 states, Avangrid operates through two primary sectors: networks and renewables. Its network division oversees eight electric and natural gas utilities, serving over 3.3 million customers in New York and New England. Through its renewables division, Avangrid manages a wide array of renewable energy generation facilities across the country. Employing around 8,000 people, Avangrid has been recognized by JUST Capital as one of America’s top 100 corporate citizens for four consecutive years, ranking first among utilities and 12th overall in 2024.
