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Company Profile

  • Business description

    Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates nearly 8.6 gigawatts of renewable energy projects across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.6% of Avangrid and has proposed to acquire the remaining shares.

  • Contact

    180 Marsh Hill Road
    Orange CT 06477
    USA

    T: +1 207 629-1190

    E: Michelle.Hanson@avangrid.com

    https://www.avangrid.com

  • Sector

    Utilities

    Stock type

    Defensive

  • Industry

    Utilities - Regulated Electric

    Fiscal Year End

    31 December 2024

    Employees

    7,999

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Markets

Index
Last price
Change
% Change
All Ordinaries 8,132.30 50.00 0.62%
CAC 40 8,167.50 20.99 -0.26%
DAX 40 18,704.42 34.39 -0.18%
Dow JONES (US) 40,003.59 134.21 0.34%
FTSE 100 8,420.26 18.39 -0.22%
HKSE 19,643.25 89.64 0.46%
NASDAQ 16,685.97 12.35 -0.07%
Nikkei 225 39,346.92 559.54 1.44%
NZX 50 Index 11,711.76 11.97 0.10%
S&P 500 5,303.27 6.17 0.12%
S&P/ASX 200 7,863.90 49.50 0.63%
SSE Composite Index 3,162.28 8.26 0.26%

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