Press Releases
03/15/2018
Avangrid Foundation Supports Red Cross Disaster Preparedness
Avangrid Foundation Supports Red Cross Disaster Preparedness
ORANGE, CONNECTICUT — March 15, 2018 — Avangrid Foundation announces support for the American Red Cross Disaster Responder Program. Avangrid Foundation is an independent organization that funds philanthropic investments in areas where AVANGRID Inc. (NYSE: AGR), a diversified energy company, and its subsidiaries operate. The Foundation is pleased to contribute $250,000 and join other corporations and foundations that provide one of the highest levels of support toward Red Cross preparedness and relief efforts. The Foundation is committed to not only disaster relief but strengthening community preparedness.
“We understand the value of tactical preparation and operational excellence in times when critical services are needed,” said James P. Torgerson, president of Avangrid Foundation. “Through the Foundation’s donation, we help the American Red Cross prepare for disasters before they strike, and enable the organization to provide immediate aid to families and individuals at their moments of greatest need.”
“Ongoing financial support from members of the Disaster Responder Program helps support Red Cross disaster relief services, providing food, shelter, emotional support and other essential assistance,” said Mario Bruno, CEO, American Red Cross Connecticut and Rhode Island Region. “We are grateful to the Avangrid Foundation whose support allows Red Cross volunteers to directly assist disaster survivors and support the first responders who work tirelessly at the scene of a disaster.”
The Red Cross responds to nearly 64,000 disasters each year across the country, including home fires, hurricanes, floods, earthquakes, tornadoes and wildfires. Red Cross services are provided to people in need of assistance at no cost and regardless of income through the generosity of Red Cross donors.
This Avangrid Foundation donation allows the Red Cross to train volunteers and to secure and maintain the shelters, vehicles and supplies necessary for rapid emergency response on all scales. This support also allows Red Cross responders to remain on hand to assist people as they recover, and to help them prepare for the next disaster.
AVANGRID’s family of companies has a long history of support and partnership with the Red Cross, from local blood drives to regional emergency planning efforts and emergency response.
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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.
