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Avangrid Boasts of Grid Investments at CERAWeek

March 14, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Cleaner-focused energy provider Avangrid Incorporated (NYSE:AGR) (Orange, Connecticut) said it would spend as much as $20 billion on new grid infrastructure after meeting with Energy Secretary Chris Wright on the sidelines of a Houston energy conference. Avangrid in the waning weeks of 2024 declared that it was approaching a milestone of 10.6 gigawatts (GW) of installed energy, spread over 24 U.S. states with enough power to meet the demands of more than 3 million homes.

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