Avangrid Champions Environmental Stewardship on World Environment Day
05 Junho 2024 - 3:40PM
Business Wire
Recognizes efforts from its Networks and
Renewables businesses to preserve and protect the environment
Company’s 2023 renewable energy production
reduced more than 7.7 million t CO2 eq
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and member of the Iberdrola Group, is celebrating World Environment
Day today by recognizing the many initiatives and investments by
its Networks and Renewables businesses to preserve, protect and
restore the environment. Held annually on June 5, World Environment
Day puts a global spotlight on pressing environmental challenges
and aims to inspire people from around the world to create positive
change in the environment.
“Today is a great opportunity to reflect on the importance of
environmental conservation, and remember that every step counts,”
said Pedro Azagra, Avangrid CEO. “I’m very proud of the proactive
actions taken by our Avangrid team, in partnership with Iberdrola,
to lead the charge towards a more sustainable future. Preserving
and protecting the environment is not just a responsibility; it’s
an opportunity to create a better world for future generations.
Together, we can make a difference for our planet.”
Avangrid is one of the leading onshore wind and solar generators
in the United States and is pioneering the country’s offshore wind
industry. Currently, the company operates 8.8 gigawatts (GW) of
emissions-free installed capacity. In 2023, that renewable energy
production translated to a reduction of more than 7.7 million t CO2
eq. According to the United States Environmental Protection Agency,
this is the equivalent of taking more than 1.6 million gas-powered
cars off the road for a year.
In addition to its renewable energy production, as part of its
efforts to promote environmental stewardship, Avangrid has a
Biodiversity Policy to ensure the company preserves biological
diversity and natural ecosystems as it continues to create a more
sustainable energy future. To better protect and enhance
biodiversity, Avangrid supports Iberdrola’s Biodiversity Plan goal
of achieving a net positive impact on the ecosystems where the
company operates by 2030.
Currently, Avangrid’s ongoing efforts to preserve, protect and
restore the environment include:
- Restoring and Protecting Kennebunk Plains in Maine:
Central Maine Power (CMP), along with local partners, are
addressing severe soil erosion occurring on a segment of a CMP
powerline corridor in the Kennebunk Plains, a state-owned refuge
located within the Branch Brook Watershed, a source of municipal
drinking water. As part of the project, CMP worked with its
stakeholder partners to restore and stabilize eroded areas along
the 1.2-mile segment length. Benefits to the community include
restoration of fragile land area, the arrest and control of further
erosion to assist in limiting the negative impact on water quality
and improved habitat conditions by limiting motorized vehicle
access within this fragile area.
- Improving Butterfly Habitat Across Upstate New York: New
York State Electric & Gas (NYSEG) and Rochester Gas and
Electric (RG&E) are helping preserve habitat for monarch
butterflies through a voluntary conservation program with U.S. Fish
and Wildlife Service. Through this program, NYSEG and RG&E are
implementing practices like mowing brush to enable nectar plants
like milkweed to thrive to support the well-being of monarch
butterflies, which play a vital role in the health of ecosystems
and global food crop production.
- Donating and planting trees across Connecticut: United
Illuminating (UI) is carrying out a year-long campaign to
collaborate with municipal leaders in its 17 towns and cities to
provide $1,000 per town to fund the tree-planting initiative.
During the campaign, UI officials will reinforce the company’s
public safety initiative to plant the right tree in the right place
to improve electric reliability and prevent tree-related outages
while promoting sustainability and combatting climate change.
- Funding recovery efforts for the endangered California
Condor: Avangrid developed a first-of-its-kind conservation
plan in close collaboration with the USFWS and the Oregon Zoo to
fund a full-time employee at the zoo’s condor breeding facility to
support the captive rearing of six California condors to mitigate
the potential impacts of the company’s Manzana Wind Power Project.
Funding from the company supported the successful rearing of 12
condors, 10 of which were releasable in 2022 and 2023.
Additionally, the company’s philanthropic arm, the Avangrid
Foundation, supports the Oregon Zoo’s Jonsson Center for Wildlife
Conservation to support California condor recovery efforts.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240605186359/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
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