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The following content is a news release distributed by . The original news release may be found here.

Avangrid Announces Receipt of Federal Energy Regulatory Commission Approval

ORANGE, Conn.--(BUSINESS WIRE)--Today Avangrid, Inc. (NYSE: AGR) (“Avangrid”), a leading sustainable energy company, and a member of the group of companies controlled by Iberdrola, S.A. (“Iberdrola”), announced that it has received Federal Energy Regulatory Commission (“FERC”) approval of Iberdrola’s acquisition of the remaining 18.4% of the issued and outstanding shares of common stock of Avangrid that it does not currently own. On May 17 , 2024, the Board of Directors of Avangrid, acting on t...

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