4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

Avangrid commits $2 Million to tackle coronavirus

By: Tom Russell 25/03/2020 AVANGRID

General

The Avangrid Foundation and AVANGRID, Inc. have announced a $2 million commitment to support national and local organisations that support vulnerable communities as they deal with the coronavirus pandemic.

AVANGRID will commit $1 million in corporate funds that will be distributed across its service territories to support emergency needs in communities at the state and local level. The AVANGRID family of companies includes Avangrid Renewables and eight electric and natural gas companies in New York, Maine, Connecticut and Massachusetts.

The Avangrid Foundation, which partnered with over 300 organizations across more than 30 states last year, has designated an incremental $1 million for crisis response that will be directed to partners nationwide that are providing emergency response and community support during the pandemic. The Foundation is the primary charitable arm of AVANGRID and an independent, non-profit organization whose mission includes investing in partners who support community resiliency, disaster preparedness and at-risk groups. The Foundation also invests in education, arts, cultural heritage and the environment.

“As a provider of critical electric and gas services, AVANGRID understands the need for rapid response and is no stranger to working on the frontline of a crisis. We’re proud to offer a steady and helping hand to those who support the most vulnerable among us, particularly during these challenging times,” said Jim Torgerson, the Foundation president and AVANGRID CEO. “We are determined to help address the pandemic’s economic, social and health ramifications. Our communities are in need, and we will stand by them.”

The AVANGRID companies have already taken steps to protect the health and safety of employees and contractors, assist customers, prevent service interruptions, and address potential COVID-19 economic impacts.

The AVANGRID companies are also addressing the financial impacts of an extended public health crisis on customers, as all Avangrid Networks companies have announced suspension of service shut offs for nonpayment, and they have begun communicating with customers about programs and resources that can help customers manage bills and reduce energy usage. In addition, the companies have been working closely with emergency services, critical care facilities and hospitals to ensure continuity of service.

Avangrid Renewables, a subsidiary of AVANGRID and headquartered in Portland, Oregon, is part of the IBERDROLA Group with a large renewable asset base of more than 14,000 megawatts (MW) of renewable energy spread across a dozen countries. It is active in the offshore wind sector with interest in a number of projects off the coast of the United States. This includes the Vineyard Wind is a 800 MW array is to be contained within a 160,000 acre (647km²) lease area, 14 miles (24km) from Martha's Vineyard, Massachusetts. It will consist of 84 turbines, each with a 9.5 MW capacity, and is expected meet the energy needs of over 400,000 homes and businesses. It is currently poised to be the first commercial scale project operating in U.S. waters.

Avangrid Renewables, LLC is headquartered in Portland, Oregon, and has more than $10 billion of operating assets totaling more than 6,000 MW of owned and controlled wind and solar generation in more than 20 states.

Iberdrola is a company with a 150-year history employing more than 28,000 people in nearly 40 countries and has placed the environment and sustainable development at the center of its global strategy.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

Avangrid commits $2 Million to tackle coronavirus

Back to News

Trending News!