Avangrid, Inc. (12A.F)

29.60 -0.20 (-0.67%) As of 08:11AM CEST. Market open.

Avangrid, Inc.

180 Marsh Hill Road
Orange, CT 06477
United States
207 629 1190
https://www.avangrid.com

Sector(s): Utilities
Industry: Utilities—Regulated Electric
Full Time Employees: 7,600

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Pedro Azagra Blazquez	CEO & Director	2.23M	N/A	1968
Ms. Patricia C. Cosgel	Sr. VP & CFO	790.47k	N/A	1966
Mr. R. Scott Mahoney	Sr. VP, Gen. Counsel & Company Sec.	1.13M	N/A	1966
Mr. Jose Antonio Miranda Soto	Pres & CEO of Avangrid Renewables, LLC	1.04M	N/A	1972
Mr. Dave Labelle	Chief Admin. Officer	N/A	N/A	N/A
Alvaro Ortega Sebastian	VP of Fin., Investor & Shareholder Relations and Risk	N/A	N/A	N/A
Ms. Kimberly A. Harriman	Sr. VP of State Gov. Affairs & Corp. Communications	N/A	N/A	1973
Mr. Ignacio Estella	Sr. VP of Corp. Devel.	N/A	N/A	1970
Ms. Kyra Patterson	VP & Chief HR Officer	N/A	N/A	N/A
Nacho Arronte	VP & Chief Risk Officer	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

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 in two segments: Networks and Renewables. 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 9.2 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.

Corporate Governance

Avangrid, Inc.’s ISS Governance QualityScore as of September 1, 2023 is 3. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.