{"id":749162,"date":"2023-04-19T12:23:10","date_gmt":"2023-04-19T16:23:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-joins-habitat-for-humanity-to-reinforce-commitment-to-energy-efficiency-affordable-housing\/"},"modified":"2023-04-19T12:23:10","modified_gmt":"2023-04-19T16:23:10","slug":"avangrid-joins-habitat-for-humanity-to-reinforce-commitment-to-energy-efficiency-affordable-housing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-joins-habitat-for-humanity-to-reinforce-commitment-to-energy-efficiency-affordable-housing\/","title":{"rendered":"AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing"},"content":{"rendered":"

<\/p>\n

AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing<\/b><\/p>\n

As Part of Earth Week Celebration, CEO Pedro Azagra Tours Newly Constructed, Energy Efficient Homes in Bridgeport, Building on Dozens of Homes Company Has Supported in Connecticut<\/i><\/p>\n

BRIDGEPORT, Conn.–(BUSINESS WIRE<\/a>)–
\nIn celebration of Earth Week, AVANGRID, Inc. (NYSE: AGR) and United Illuminating (UI) today joined Habitat for Humanity Coastal Fairfield County (Habitat-CFC) to highlight the organizations\u2019 longstanding partnership and commitment to supporting energy efficiency and affordable housing in Connecticut. As part of the visit, AVANGRID CEO Pedro Azagra and UI President and CEO Frank Reynolds joined Habitat-CFC Chief Operating Officer Kevin Moore to tour two highly energy efficient homes in Bridgeport, currently under construction, that UI is supporting through a $5,000 tax credit as part of the Neighborhood Assistance Act program.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230419005831\/en\/<\/a><\/p>\n

\"AVANGRID<\/p>\n

AVANGRID CEO Pedro Azagra (center) joins (from left) United Illuminating President and CEO Frank Reynolds, State Representative Joe Gresko, Bridgeport City Council President Aidee Nieves, and Habitat for Humanity Coastal Fairfield County Chief Operating Officer Kevin Moore at an energy efficient home under construction by Habitat-CFC in Bridgeport on Wednesday, April 19, 2023. (Photo: Business Wire)<\/p>\n<\/div>\n

\n\u201cAVANGRID is a proud member of the communities we serve, and is committed to working with valued partners like Habitat for Humanity to ensure that our neighbors have access to quality, affordable housing as well as the environmental and economic benefits of energy efficiency,\u201d said AVANGRID CEO Pedro Azagra.<\/b> \u201cAs we celebrate Earth Week, it is critical that we address the environmental burdens our Environmental Justice communities face, and expanding access to high-quality, energy efficient, and affordable housing in communities like Bridgeport will help us build a healthier, more equitable future.\u201d<\/p>\n

\nSince 2016, UI has provided more than $56,000 in tax credits to Habitat-CFC, building on the efforts of the Avangrid Foundation, which has given more than $841,000 in support of Habitat for Humanity\u2019s national organization. Together, UI and the Avangrid Foundation have provided more than $215,000 in support to Habitat-CFC, supporting the construction and energy efficiency improvements of dozens of Connecticut homes.<\/p>\n

\n\u201cWe are incredibly grateful for AVANGRID and their continued generous financial support through a combination of corporate grants, employee giving, and the Neighborhood Assistance Act tax credit program,\u201d said Habitat for Humanity of Coastal Fairfield County Chief Operating Officer Kevin Moore.<\/b> \u201cAVANGRID employees have also rolled up their sleeves to volunteer their time and talent to help us build countless homes throughout Coastal Fairfield County. In addition, the rebate dollars provided by United Illuminating has made it possible for us to build over 100 affordable homes to ENERGY STAR standards which helps our Habitat homeowners save money on their monthly utility bills, improve home comfort, and benefit our environment. Avangrid has proven to be one of our most supportive corporate neighbors and, through our continued partnership, we look forward to building many more energy efficient, affordable homes in our community.\u201d<\/p>\n

\nIn 2022, AVANGRID employees participated in 31 volunteer build days nationally, totaling 1,153 hours of volunteer time. Through the Foundation\u2019s Energized for Good employee volunteer program, employee participation also resulted in more than $17,000 in additional donations from the Foundation.<\/p>\n

\nEarlier this week, AVANGRID released its 2022 Sustainability Report<\/a>, titled \u201cInvesting in a Clean Energy Future for All,\u201d which details that the company met or exceeded 85% of its 2022 Environmental, Social, Governance and Financial Stewardship (ESG+F) goals. The report also indicated AVANGRID is on track to meet its ambitious long-term ESG+F goals by demonstrating clear progress and actions underway to support their achievement. This includes AVANGRID\u2019s industry-leading 2030 carbon neutrality targets for scopes 1 and 2 and its commitment to reach 16.9 GW emissions-free installed capacity by 2030.<\/p>\n

About AVANGRID: <\/b>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, 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 more than 7,500 people and has been recognized by JUST Capital in 2021, 2022 and 2023 as one of the JUST 100 companies \u2013 a ranking of America\u2019s best corporate citizens. In 2023, AVANGRID ranked first within the utility sector for its commitment to the environment. The company supports the U.N.\u2019s Sustainable Development Goals and was named among the World\u2019s Most Ethical Companies in 2023 for the fifth 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<\/a>.<\/p>\n

About UI<\/b>: The United Illuminating Company (UI) is a subsidiary of AVANGRID, Inc. Established in 1899, UI operates approximately 3,600 miles of electric distribution lines and 138 miles of transmission lines. It serves approximately 341,000 customers in the greater New Haven and Bridgeport areas of Connecticut. UI received the Edison Electric Institute\u2019s Emergency Response Award in 2019 and 2021. For more information, visit www.uinet.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230419005831\/en\/<\/a><\/span><\/p>\n

Media:
\n<\/b>
Craig Gilvarg
\n
craig.gilvarg@avangrid.com
\n<\/a>
(857) 998-1130<\/p>\n

KEYWORDS:<\/b> Connecticut United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Energy Professional Services Utilities Philanthropy Sustainability Alternative Energy Energy Other Construction & Property Residential Building & Real Estate Construction & Property Environment Other Philanthropy Environmental, Social and Governance (ESG)<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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AVANGRID CEO Pedro Azagra (center) joins (from left) United Illuminating President and CEO Frank Reynolds, State Representative Joe Gresko, Bridgeport City Council President Aidee Nieves, and Habitat for Humanity Coastal Fairfield County Chief Operating Officer Kevin Moore at an energy efficient home under construction by Habitat-CFC in Bridgeport on Wednesday, April 19, 2023. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing As Part of Earth Week Celebration, CEO Pedro Azagra Tours Newly Constructed, Energy Efficient Homes in Bridgeport, Building on Dozens of Homes Company Has Supported in Connecticut BRIDGEPORT, Conn.–(BUSINESS WIRE)– In celebration of Earth Week, AVANGRID, Inc. (NYSE: AGR) and United Illuminating (UI) today joined Habitat for Humanity Coastal Fairfield County (Habitat-CFC) to highlight the organizations\u2019 longstanding partnership and commitment to supporting energy efficiency and affordable housing in Connecticut. As part of the visit, AVANGRID CEO Pedro Azagra and UI President and CEO Frank Reynolds joined Habitat-CFC Chief Operating Officer Kevin Moore to tour two highly energy efficient homes in Bridgeport, currently under construction, that UI is … <\/p>\n

Continue reading “AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749162","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avangrid-joins-habitat-for-humanity-to-reinforce-commitment-to-energy-efficiency-affordable-housing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AVANGRID Joins Habitat for Humanity to Reinforce Commitment to Energy Efficiency, Affordable Housing As Part of Earth Week Celebration, CEO Pedro Azagra Tours Newly Constructed, Energy Efficient Homes in Bridgeport, Building on Dozens of Homes Company Has Supported in Connecticut BRIDGEPORT, Conn.–(BUSINESS WIRE)– In celebration of Earth Week, AVANGRID, Inc. (NYSE: AGR) and United Illuminating (UI) today joined Habitat for Humanity Coastal Fairfield County (Habitat-CFC) to highlight the organizations\u2019 longstanding partnership and commitment to supporting energy efficiency and affordable housing in Connecticut. 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