Reports Q1 revenue $2.4B, consensus $2.54B. “The first quarter financial results were in-line with our plan,” said Pedro Azagra, chief executive officer of Avangrid. “We continue to successfully execute on our multi-year rate plans in both New York and Maine. During the first quarter, we powered up the first-in-the-nation Vineyard Wind 1 project and most recently answered the New England region’s call by submitting multiple proposals offering shovel-ready New England Wind offshore projects into the tri-state solicitation.”
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