Craft

AVANGRID

Stock Price

$35.3

2024-06-25

Market Capitalization

$13.6 B

2024-06-25

Revenue

$8.3 B

FY, 2023

AVANGRID Summary

Company Summary

Overview
AVANGRID (formerly Energy East and Iberdrola USA) is a diversified energy and utility company managing regulated utilities and electricity generation. It operates through two primary lines of business: Avangrid Networks and Avangrid Renewables. The company is engaged in the generation, transmission, and distribution of electricity and natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. AVANGRID caters to residential, commercial, and institutional customers.
Type
Public
Status
Active
Founded
1997
HQ
Orange, CT, US | view all locations
Website
https://www.avangrid.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Pedro Azagra Blazquez

    Pedro Azagra Blazquez, Chief Executive Officer

    • Catherine S. Stempien

      Catherine S. Stempien, President & Chief Executive Officer, Avangrid Networks, Inc.

    • Jose Antonio Miranda

      Jose Antonio Miranda, Avangrid Renewables President and CEO

    • Patricia Cosgel

      Patricia Cosgel, Chief Financial Officer

    Operating MetricsView all

    Natural Gas Delivered (New York State Electric & Gas Corporation), DTh

    53.4M

    FY, 2021

    Natural Gas Delivered (Rochester Gas and Electric Corporation), DTh

    56.2M

    FY, 2021

    Natural Gas Delivered (Maine Natural Gas Corporation), DTh

    2.3M
    45.6%

    FY, 2021

    LocationsView all

    2 locations detected

    • Orange, CT HQ

      United States

      180 Marsh Hill Rd

    • Portland, OR

      United States

      2701 NW Vaughn St #300

    AVANGRID Financials

    Summary Financials

    Revenue (Q1, 2024)
    $2.4B
    Net income (Q1, 2024)
    $322.0M
    Cash (Q1, 2024)
    $152.0M
    EBIT (Q1, 2024)
    $407.0M
    Enterprise value
    $23.7B

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