NYSE Names AVANGRID A Finalist in GRC Awards
ORANGE, CT – July 15, 2016 – AVANGRID (NYSE: AGR) announced it was a finalist in the New York Stock Exchange (NYSE) Governance Services’ third annual Governance, Risk and Compliance Leadership Awards. The program recognizes exemplary leadership in the field among publicly traded companies on the NYSE or NASDAQ QMX.
AVANGRID was named a finalist in the “Best Governance, Risk and Compliance Program at Large-Cap Company” category, for companies traded on NYSE with greater than $5 billion in market capitalization. Wal-Mart Stores was honored as the winner for 2016 in this category, at an event held on June 8, 2016, at Cipriani Wall Street. An independent panel of judges selected award recipients.
This was AVANGRID’s first year of eligibility for the award.
AVANGRID, Inc. (NYSE: AGR) is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving 3.1 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the United States. AVANGRID employs 7,000 people. The company was formed by a merger between Iberdrola USA and UIL Holdings Corporation in 2015. IBERDROLA S.A. (Madrid: IBE), a worldwide leader in the energy industry, owns 81.5% of AVANGRID. For more information, visit www.avangrid.com.
Michael A. West, Jr.