Avangrid

Incoming AGA Chairman Wants Focus on Innovation, Infrastructure

Avangrid Inc. CEO Jim Torgerson wants the American Gas Association (AGA) to continue its historical focus on safety and resilience, but to also delve into innovation, as the trade group navigates the ever-changing landscape of cybersecurity, infrastructure upgrades and an aging workforce.

December 11, 2018
Court Dismisses Suit Challenging New England Utilities’ Natural Gas Scheduling Practices

Court Dismisses Suit Challenging New England Utilities’ Natural Gas Scheduling Practices

A class-action lawsuit accusing Eversource Energy and Avangrid Inc. of artificially increasing natural gas spot market prices to benefit their electric generating assets between 2013 and 2016 has been dismissed by the U.S. District Court for the District of Massachusetts.

September 13, 2018

Avangrid Subsidiary Selling Natural Gas Storage Business

Avangrid Renewables Holdings Inc. (ARH) recently agreed to sell parent Avangrid Inc.’s natural gas storage business, Enstor Gas LLC, to Amphora Gas Storage USA LLC, an affiliate of ArcLight Capital Partners LLC, for an undisclosed amount.

February 28, 2018

FERC Staff Finds No Evidence Natural Gas Pipe Capacity Withheld in New England

An inquiry by FERC staff, prompted by allegations made by the Environmental Defense Fund (EDF), has found no evidence of anticompetitive withholding of natural gas pipeline capacity on Algonquin Gas Transmission (AGT) by New England shippers.

February 27, 2018

New England Utilities Sued over NatGas Scheduling Practices

A group of New England residents has filed a class-action lawsuit accusing Eversource Energy and Avangrid Inc. of artificially increasing natural gas spot market prices to benefit their electric generating assets between 2013 and 2016.

November 21, 2017

AGT NatGas Scheduling Practices Cost New England Customers $3.6B, Says EDF

Natural gas pipeline capacity scheduling practices by affiliates of two major utilities cost New England customers an estimated $3.6 billion from 2013 to 2016, according to research by the Environmental Defense Fund (EDF).

October 13, 2017