Assura (AGR: LSE) Investor Relations Material

Overview

Wall Street Journal Article: Avangrid Inc.: A Clear Leader in Sustainable Energy Avangrid Inc. is taking the world of energy by storm through their sustainable practices that prioritize renewable energy. The energy services holding company operates in the regulated energy transmission and distribution business within the United States. As the parent company of eight electric and natural gas utilities, they serve 3.3 million customers in New York and New England. Apart from transmission and distribution, Avangrid also generates renewable energy through their facilities using onshore wind power, solar, biomass, and thermal power. This sustainable energy initiative is made possible by their investment and utilization of modern technologies to move towards solar and wind power that curb pollution while enhancing efficiency. Apart from being conscious of the environment, the company is committed to delivering natural gas and electricity to residential, commercial, and institutional customers through their regulated utilities in New York, Maine, Connecticut, and Massachusetts. They also sell their output to other credit-worthy entities, public utilities, and investor-owned utilities. Since incorporation in 1997 and with a head office in Orange, Connecticut, Avangrid has made substantial progress in increasing its generation facilities' capacity. They now have 9.2 gigawatts of electricity capacity primarily through wind power in 22 states. These renewable energy initiatives are in-line with Avangrid's parent company, Iberdrola S.A., which integrates sustainability and social responsibility into their overall business plan. Through their constant pursuit of sustainable energy, Avangrid stands out as a top performer in the energy sector, continuously striving towards a greener future.