Market Capitalization (Millions $) |
13,955 |
Shares
Outstanding (Millions) |
387 |
Employees |
8,000 |
Revenues (TTM) (Millions $) |
8,705 |
Net Income (TTM) (Millions $) |
990 |
Cash Flow (TTM) (Millions $) |
67 |
Capital Exp. (TTM) (Millions $) |
3,748 |
Avangrid Inc
Avangrid Inc is a leading company in the energy industry, operating in the United States of America. The company was formed in 2015 under the name Iberdrola USA, but rebranded as Avangrid in 2016. Avangrid is a subsidiary of the Spanish utility company, Iberdrola S.A. The company is headquartered in Orange, Connecticut.
Avangrid provides gas and electricity services to over3 million customers throughout New York, Maine, Connecticut, and Massachusetts. The company operates in two main segments: Networks and Renewables. The Networks segment provides electricity and gas distribution services, while the Renewables segment generates electricity through renewable energy sources such as wind, hydropower, and solar.
Avangrid operates renewable energy assets in 22 states, generating a total of over 5 gigawatts of capacity. In addition to its renewable energy portfolio, the company is also committed to the development of new, innovative energy technologies. Avangrid is currently involved in several projects aimed at reducing greenhouse gas emissions and promoting sustainable practices.
The company is also dedicated to providing reliable and affordable energy services to its customers. In 2020, Avangrid was awarded the 2020 Customer Champion Award for its commitment to customer satisfaction and providing exceptional customer service.
Avangrid has a strong focus on corporate social responsibility, with an emphasis on environmental sustainability and community engagement. The company has implemented various initiatives to reduce its environmental footprint, including increasing its use of renewable energy and reducing greenhouse gas emissions. Avangrid also encourages its employees to actively participate in community initiatives and volunteer work.
Overall, Avangrid is a reputable and innovative energy company that is committed to providing reliable, sustainable, and affordable energy services to its customers while prioritizing corporate social responsibility.
Company Address: 180 Marsh Hill Road Orange, 6477 CT
Company Phone Number: 629-1190 Stock Exchange / Ticker: NYSE AGR
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