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Avangrid, Inc.(AGR)

New York Stock Exchange
Sector: Utilities | Industry: Regulated Electric
Avangrid, Inc. logo

Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.8 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.

Latest News & Analysis

Avangrid's strategic expansion in renewable energy to power AI data centers and modernize grid infrastructure.
Feb 21, 2025

Avangrid Capitalizes on AI Data Center Energy Boom and Expands Renewable Portfolio

Avangrid focuses on renewable energy, grid modernization amid rising AI data center demand, facing legal challenges and market shifts. A detailed intraday analysis.

Read more →

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