Avangrid Inc (NYSE:AGR)

North American company
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Market Info - AGR

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Company Info - AGR

  • Market Cap$15.583bn
  • SymbolNYSE:AGR
  • IndustryUtilities
  • SectorUtilities - Regulated Electric
  • Currency
  • ISINUS05351W1036

Company Profile

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. Networks is the combination of Iberdrola's U.S. regulated units and UIL Holdings. Renewables focuses on developing onshore wind projects primarily but also develops solar and offshore wind projects. It operates more than 7 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.Avangrid Inc is a diversified energy and utility company with operations in more than 20 states. The company operates regulated utilities and electricity generation through two lines of business. Avangrid Networks and Avangrid Renewables.

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