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Home » Avangrid Earnings Drop on Weak Wind
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Avangrid Earnings Drop on Weak Wind

Apr 28, 2019
Michael Kuser
Company News / ISO-NE / NYISO / Generation
By Michael Kuser Declining wind output drove down Avangrid’s first-quarter earnings by 11% compared to a year earlier, company officials said last week. Avangrid posted net income of $217 million ($0.70/share), down from $244 million ($0.79/share) in the same quarter a year ago. The drop was driven primarily by a...

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