Avangrid
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Avangrid: A Leading U.S. Energy Company Driving Sustainable Growth
Avangrid, Inc. is a prominent U.S. energy company dedicated to meeting the increasing demand for energy in homes and businesses across the nation. Through a strategic blend of service excellence, innovation, and substantial investments, Avangrid is actively expanding critical grid infrastructure and developing advanced energy generation projects. The company operates across 23 states, managing approximately $48 billion in assets, positioning itself as a key player in the American energy landscape.
The company’s operations are primarily divided into two robust lines of business: networks and power generation. Within its networks business, Avangrid owns and operates eight electric and natural gas utilities, collectively serving over 3.4 million customers primarily in New York and New England. These subsidiaries include United Illuminating, New York State Electric & Gas, Rochester Gas & Electric, Connecticut Natural Gas, Southern Connecticut Gas, Berkshire Gas Company, Maine Natural Gas, and Central Maine Power, all focused on reliable energy delivery and grid modernization.
In its power generation segment, Avangrid owns and operates 80 energy generation facilities throughout the United States. These facilities produce a substantial 10.5 GW of power, supplying over 3.1 million customers. The company maintains a strong focus on renewable energy sources, notably onshore and offshore wind, and integrates sophisticated energy management solutions to optimize its diverse generation portfolio.
Avangrid is committed to significant strategic investments, as demonstrated by its announced $18.5 billion investment in electric and gas network infrastructure by 2028 and ongoing projects like the $41 million investment to rebuild aging grid infrastructure in New York. These initiatives underscore Avangrid’s dedication to enhancing resiliency, ensuring reliable service, and driving the transition to a cleaner energy future. The company also fosters community engagement and sustainability through the Avangrid Foundation, aligning its business practices with environmental stewardship and social responsibility.
Categories: Controls, Software & Smart Grid · Design & Engineering · EPC Firms (Engineering, Procurement, Construction) · Generation Systems · Microgrid Developers · Operations & Maintenance