Samiksha Jaiswal

Avangrid

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Type  Public
Industry  Energy and Utilities
CEO  Robert D. Kump (2009–)
Parent organization  Iberdrola
Traded as  NYSE: AGR
Area served  New York, New England
Number of employees  7,000
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Predecessor  Energy East and Iberdrola USA
Services  hydroelectric generation, electric transmission and distribution, natural gas distribution, propane/air distribution, energy services
Headquarters  New Haven, Connecticut, United States
Stock price  AGR (NYSE) US$ 43.67 -0.03 (-0.07%)2 Mar, 4:02 PM GMT-5 - Disclaimer
Subsidiaries  NEW YORK STATE ELECTRIC & GAS CORP

Avangrid renewables brand video


AVANGRID (formerly Energy East and Iberdrola USA), is an energy services and delivery company. A subsidiary of Spanish energy company Iberdrola, S.A., AVANGRID serves about 3.1 million customers throughout upstate New York and New England in the United States.

Contents

Avangrid


History

In 2008 Iberdrola USA purchase Energy East. In Iberdrola renamed the company Iberdrola USA.

In November 2010, Iberdrola USA sold its gas distribution companies in Connecticut and Massachusetts, the Southern Connecticut Gas Company, Connecticut Natural Gas Corporation, and the Berkshire Gas Company, to UIL Holdings Corporation.

In 2012, Iberdrola USA sold its energy services companies, Energetix and NYSEG Solutions, to Direct Energy.

In February 2015, Iberdrola USA announced that it had entered into a merger agreement with UIL Holdings Corporation under which UIL Holdings Corporation would merge into a subsidiary of Iberdrola USA, Inc. In December 2015, "Iberdrola USA finalized its acquisition of UIL Holdings ... to create a new company, AVANGRID, which will be listed on the New York Stock Exchange as AGR."

Subsidiaries

  • Avangrid Renewables
  • Berkshire Gas Company
  • Central Maine Power (CMP) - supplies power to more than 560,000 people in southern and central Maine
  • Connecticut Natural Gas (CNG)
  • New York State Electric and Gas (NYSEG) - supplies power and gas to a large portion of New York state
  • Rochester Gas and Electric (RG&E) - supplies power and gas to customers in the Rochester, New York area
  • Maine Natural Gas (MNP) - a natural gas company serving customers around Augusta and Brunswick, Maine
  • Southern Connecticut Gas (SCG)
  • United Illuminating (UI)
  • References

    Avangrid Wikipedia


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