We are thrilled to share that gridFIRM has successfully raised $1,000,000 in a funding round that marks a significant step forward in revolutionizing energy infrastructure. This achievement comes as part of gridFIRM’s ongoing commitment to advancing grid modernization and sustainable energy solutions—a mission that aligns seamlessly with the esteemed legacy of Avangrid, Inc. As one of the United States’ leading energy companies, Avangrid has long been at the forefront of meeting the growing demand for power among homes and businesses alike. With operations spanning 24 states, including robust presences in Connecticut, New York, Massachusetts, Maine, and Oregon, and assets totaling roughly $47 billion, Avangrid’s dual focus on networks and renewables exemplifies industry leadership. Through its networks business, the company serves over 3.3 million customers with top-tier electric and natural gas utilities, while its renewables division powers more than 2.2 million customers through an expansive portfolio of over 75 generation facilities producing in excess of 9GW of power.
This fresh round of funding will be dedicated to accelerating gridFIRM’s key initiatives, including the expansion and modernization of grid infrastructure and the deployment of innovative energy generation projects that will not only enhance service reliability but also contribute to environmental sustainability. At a time when energy demands continue to evolve, the support garnered through this investment underscores both the market’s confidence in gridFIRM’s vision and the unwavering commitment of Avangrid to innovation and service excellence. As a company celebrated for its ethical leadership and recognized among America’s best corporate citizens, gridFIRM is poised to leverage this capital infusion to drive forward next-generation initiatives that promise to reshape the energy landscape for years to come.
