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Stock impact report

AVANGRID’s NECEC Project May Lawfully Proceed

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
ORANGE, Conn.--(BUSINESS WIRE)--The following is a statement from Scott Mahoney, Senior Vice President – General Counsel at AVANGRID regarding today’s decision by a Cumberland County jury:“The jury’s unanimous verdict affirms the prior rulings of the Maine Supreme Judicial Court that the New England Clean Energy Connect (NECEC) project may lawfully proceed. Even after repeated delays and the costs caused the change in law, the NECEC project remains the best way to bring low-cost renewable energy to Maine and New England while removing millions of metric tons of carbon from our atmosphere each year.”About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $41 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, Show less Read more
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