Press Releases
08/29/2017
Avangrid Foundation Donates $50,000 to American Red Cross Disaster Relief for Hurricane Harvey
Avangrid Foundation Donates $50,000 to American Red Cross Disaster Relief for Hurricane Harvey
ORANGE, CONNECTICUT — August 29, 2017— In response to the widespread devastation caused by Hurricane Harvey in Texas, AVANGRID Inc. (NYSE: AGR), a diversified energy and utility company, announced today a $50,000 contribution to American Red Cross Disaster Relief through the Avangrid Foundation. This contribution will help the Red Cross provide food, emergency shelter, relief supplies and comfort to those affected by disasters like Hurricane Harvey and countless other crises.
"Hurricane Harvey has caused significant destruction and has affected thousands of people," said James P. Torgerson, president of Avangrid Foundation. “Our thoughts are with those affected by this storm, including our own AVANGRID employees.”
AVANGRID employs more than 100 people in Houston and Corpus Christi, Texas as part of its ENSTOR Gas Storage company and as field employees at its Renewables wind project.
As a member of the Red Cross' Annual Disaster Giving Program, Avangrid Foundation pledges donations on an ongoing basis in advance of disasters to help ensure the Red Cross can take immediate action. Since partnering with the Red Cross in 2016, Avangrid Foundation has contributed more than $200,000 for disaster relief.
The Avangrid Foundation, Inc. is the principal philanthropic arm of Avangrid, Inc. and its subsidiary companies, focusing upon funding activities that promote environmental sustainability and improve the well-being of the communities served by our utility affiliates, which include NYSEG and RG&E (New York); Central Maine Power Company
(Maine); United Illuminating, Southern Connecticut Gas Company, and Connecticut Natural Gas (CT); and Berkshire Gas Company (MA). It is also the corporate parent of Avangrid Renewables, headquartered in Portland, Oregon.
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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.
