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AGR - Avangrid, Inc. ()

Overview

Company Summary


Avangrid, Inc. (AGR) is a company operating in the energy sector. It is an American energy services holding company that is engaged in the generation, transmission, and distribution of electricity, as well as the development and operation of renewable energy projects.

Avangrid serves as the parent company for several subsidiaries involved in various energy-related activities. Its main subsidiaries include Avangrid Renewables, which focuses on renewable energy generation from sources like wind and solar; and Avangrid Networks, which operates electric and gas utilities serving millions of customers in the United States.

Avangrid Renewables is involved in the development, construction, ownership, and operation of renewable energy projects, primarily in the United States. It has a significant portfolio of wind farms, solar facilities, and energy storage projects. The company aims to increase the production of clean and renewable energy to support a sustainable and clean energy future.

Avangrid Networks operates regulated utilities in several states, providing electricity and natural gas distribution services to customers. It is responsible for maintaining and expanding the electricity transmission and distribution infrastructure, ensuring reliable and efficient energy delivery to homes and businesses.

Overall, Avangrid, Inc. is focused on providing reliable and sustainable energy solutions to its customers while continuously investing in renewable energy projects to support the transition to a cleaner and more environmentally friendly energy system.

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