Avangrid Inc - Company Profile
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Avangrid, Inc. (AVANGRID), a subsidiary of Iberdrola SA, is involved in the generation, transmission, and distribution of electricity. It owns and operates electricity generation and natural gas storage utilities. The company is also engaged in the distribution and transportation of natural gas. AVANGRID operates regulated utilities and electricity generation businesses through two primary lines of business networks, Avangrid Networks and Avangrid Renewables. It also operates a portfolio of renewable energy generation facilities using onshore wind power, solar, biomass, and thermal power. The company primarily distributes electricity and natural gas in New York and New England. AVANGRID is headquartered in Orange, Connecticut, the US.
Avangrid Inc premium industry data and analytics
Products and Services
Products | Services |
---|---|
Natural Gas | Electric Transmission |
Electricity | Electric Distribution |
Natural Gas Distribution | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Others | In March, the company received a takeover offer from Iberdrola. |
2024 | Others | In March, the company started construction of its fifth wind farm in Illinois, the US. |
2024 | New Products/Services | In March, the company launched a new educational tool, bill explainer videos. |
Competitor Comparison
Key Parameters | Avangrid Inc | DTE Energy Co | Eversource Energy | Ameren Corp | Alliant Energy Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Orange | Detroit | Springfield | St. Louis | Madison |
State/Province | Connecticut | Michigan | Massachusetts | Missouri | Wisconsin |
No. of Employees | 7,999 | 9,950 | 10,171 | 9,372 | 3,281 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Ignacio Sanchez Galan | Chairman | Executive Board | 2014 | 72 |
Pedro Azagra Blazquez | Chief Executive Officer; Director | Executive Board | 2022 | 54 |
Justin Lagasse | Controller; Senior Vice President; Chief Financial Officer | Senior Management | 2024 | - |
Robert D. Kump | Deputy Chief Executive Officer; President | Senior Management | 2019 | - |
Kyra Patterson | Senior Vice President; Chief Human Resources Officer | Senior Management | 2021 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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