Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico
Statement From Avangrid CEO Pedro Azagra on Groundbreaking of New Array Technologies Manufacturing Facility in New Mexico
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today issued a statement from Avangrid CEO Pedro Azagra on the groundbreaking of a new manufacturing facility for Array Technologies in New Mexico. Last year, Avangrid announced a $30 million contract with Array Technologies for solar trackers to be used at its True North solar project in Falls County, Texas.
"Congratulations to Array Technologies on their recent groundbreaking of a new manufacturing facility in Albuquerque, New Mexico," said Pedro Azagra, Avangrid CEO. "Array Technologies is a valuable renewable energy partner that is supplying solar trackers to our True North solar farm in Texas, which is currently under construction and will become Avangrid's largest solar project to date. We are thrilled to see them grow, while supporting the New Mexico economy with local, green energy jobs. Strong relationships with industry leaders like Array Technologies are vital to realizing our clean energy goals."
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.
Keaton Thomas
Keaton.thomas@avangrid.com
503-956-9621
View source version on businesswire.com: https://www.businesswire.com/news/home/20240429364342/en/
-
Markets Brief: Tech Stocks Lead Ahead of Nvidia Earnings
-
How Anti-Obesity Drugs Are Innovating the Healthcare Market
-
What’s Happening In the Markets This Week
-
Why Immigration Has Boosted Job Gains and the Economy
-
What to Invest in During High Inflation
-
Never Mind Market Efficiency: Are the Markets Sensible?
-
Starbucks Stock Could Use a Pick-Me-Up After Big Selloff; Is it a Buy?
-
5 Cheap Stocks to Buy From an Attractive Part of the Market
-
After Earnings, Is Lyft Stock a Buy, a Sell, or Fairly Valued?
-
8 Stock Picks in the Apparel Industry
-
Baidu Earnings: Advertising Weakness Offset by Continued Growth In Cloud Business
-
Going Into Earnings, Is Target Stock a Buy, a Sell, or Fairly Valued?
-
Walmart Earnings: Low Prices and Strong Digital Presence Drive Market Share Gains
-
After Earnings and a Big Selloff, Is Shopify Stock a Buy, a Sell, or Fairly Valued?
-
Cisco Earnings: Positive Guidance and Splunk Inclusion Align With Our Long-Term Thesis
-
3 Warren Buffett Stocks to Buy After Berkshire Hathaway’s Just-Released 13F Filing