Craft
AVANGRID

AVANGRID

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

61.12 M

FY, 2019

Revenue

$7 B

FY, 2021

Market Capitalization

$19.5 B

2022-09-19

AVANGRID Summary

Company summary

Overview
AVANGRID (formerly Energy East and Iberdrola USA) is a diversified energy and utility company operating 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, as well as distribution, transportation, and sale of 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 delivers natural gas and electricity to residential, commercial, and institutional customers.
Type
Public
Founded
1997
HQ
Orange, CT, US | view all locations
Website
https://www.avangrid.com
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Catherine S. Stempien

    Catherine S. Stempien, President and CEO

  • Robert Kump

    Robert Kump, Deputy CEO and President

  • Scott Tremble
  • Ignacio Estella

    Ignacio Estella, SVP Corporate Development

Operating MetricsView all

Electricity Customers (The United Illuminating Company)

338.7K

FY, 2019

Customers (Avangrid Networks)

3.3M
3.1%

FY, 2019

Electricity Capacity Owned (Avangrid Renewables), GW

8
11.1%

FY, 2019

LocationsView all

1 location detected

  • Orange, CT HQ

    United States

    180 Marsh Hill Rd

AVANGRID Financials

Summary financials

Revenue (Q2, 2022)
$1.8B
Net income (Q2, 2022)
$161.0M
Cash (Q2, 2022)
$411.0M
EBIT (Q2, 2022)
$221.0M
Enterprise value
$27.2B

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