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Avangrid, Inc. (AGR)

NYSE - NYSE Delayed price. Currency in USD
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50.82+0.65 (+1.30%)
At close: 4:00PM EDT

Avangrid, Inc.

180 Marsh Hill Road
Orange, CT 06477
United States
207-629-1200
http://www.avangrid.com

Sector(s)Utilities
IndustryUtilities—Regulated Electric
Full-time employees7,000

Key executives

NameTitlePayExercisedYear born
Mr. Dennis Victor ArriolaCEO & Director1.78MN/A1961
Mr. Robert Daniel KumpDeputy CEO & Pres1.05MN/A1961
Mr. Douglas K. StuverSr. VP & CFO808.26kN/A1964
Mr. R. Scott MahoneySr. VP, Gen. Counsel & Company Sec.800.39kN/A1966
Mr. Alejandro de Hoz García-BellidoPres & CEO of Avangrid Renewables, LLC843.03kN/A1968
Mr. Peter T. ChurchSr. VP of HR & Corp. Admin.N/AN/A1973
Ms. Patricia C. CosgelVP Investor & Shareholder RelationsN/AN/AN/A
Ms. Zsoka McDonaldChief Sustainability Officer & Sr. VP of Corp. CommunicationsN/AN/AN/A
Mr. Ignacio EstellaSr. VP of Corp. Devel.N/AN/A1970
Mr. F. Michael McClainChief Devel. Officer, Chief Integration Officer & Sr. VPN/AN/A1949
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company 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, it 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. Avangrid, Inc. owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.5 gigawatts of electricity capacity primarily through wind power in 22 states. The company was founded in 1852 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 1 July 2021 is 5. The pillar scores are Audit: 2; Board: 9; 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 10 indicates higher governance risk.