Press Releases
03/28/2018
Avangrid Foundation Aids Hunger Relief in Connecticut with $25,000 Grant to Connecticut Food Bank
Avangrid Foundation Aids Hunger Relief in Connecticut with $25,000 Grant to Connecticut Food Bank
ORANGE, CONNECTICUT, March 28, 2018 — Employees of AVANGRID, Inc. (NYSE: AGR), a diversified energy company, today loaded a truck with food for some of Connecticut’s most vulnerable residents, as the Avangrid Foundation announced a $25,000 grant to support the Connecticut Food Bank.
The grant from Avangrid Foundation, an independent organization that funds philanthropic investments in areas where AVANGRID, Inc. and its subsidiaries operate, will help enhance the programs at the Connecticut Food Bank, whose network of more than 650 community-based food assistance programs serve an average of 148,000 people each month.
The announcement was made at AVANGRID headquarters in Orange, where a Connecticut Food Bank truck was filled by employees with food for donation. Employees of AVANGRID and its Connecticut operating companies, including United Illuminating and Southern Connecticut Gas, collected more than 1,000 pounds of food and $500 in funds that, combined with the grant money, will help the Connecticut Food Bank provide more than 50,000 meals to state residents who struggle with hunger.
“This grant from the Avangrid Foundation keeps us on the move toward a hunger-free Connecticut,” said Connecticut Food Bank CEO Bernie Beaudreau. “We are grateful for this support that powers our work.”
“Nearly three-quarters of the hungry in Connecticut need to choose between food or utilities. Nobody should have to make these types of choices,” said Bob Kump, Avangrid Networks CEO and Avangrid Foundation Director. “AVANGRID and the Avangrid Foundation are grateful to play a small part in supporting Connecticut Food Bank, a very impactful organization in our community that is making big strides in the battle against hunger.”
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About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 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 in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. 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.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
