Avangrid

Orange, United States Founded: 2015 • Age: 11 yrs Listed Acquired By Iberdrola
Provider of electricity and natural gas to homes and businesses

About Avangrid

Avangrid is an Energy & Utilities company based in Orange (United States) founded in 2015, and was acquired by Iberdrola in May 2024. Provider of electricity and natural gas to homes and businesses. Its chief executive, as recorded, is James Torgerson. Its website avangrid.com draws about 31 thousand monthly visits. Avangrid offers products and services including Electricity Services and Gas Services. Its focus areas include Energy, Utilities, Utility Supplier and Diversified. Its legal entity is Avangrid, Inc.

Company details

Avangrid was founded in 2015 and is headquartered in Orange, United States. Operations are centered in the utilities sector, where electricity and natural gas are delivered to consumers via an extensive network. Investments are made in renewable sources, including onshore and offshore wind projects. Sustainability is prioritized through climate action and decarbonization initiatives. A compliance program and corporate governance structure are maintained internally, alongside employee development and supplier engagement programs.

Key Metrics
  • Latest Funding Round
    $2.5B (USD), Debt – Conventional

    Jul 2018

  • Investors
  • Acquired by
    Iberdrola

    (May 2024)

Products & Services of Avangrid

Avangrid offers a comprehensive portfolio of products and services, including Electricity Services and Gas Services.

Electricity Services
Energy Utilities

Electricity is supplied by Avangrid to power homes, businesses, and critical infrastructure across various states

Gas Services
Energy Utilities

Natural gas is distributed by Avangrid to support residential and commercial needs in designated regions

Apps and channels of Avangrid

its YouTube channel Avangrid has 4.13K subscribers and 30 videos.

Avangrid
YouTube 4.13K subscribers 30 videos Nonprofits & Activism
Open channel

Videos from Avangrid

The most watched videos on Avangrid's YouTube channel, Avangrid (4.13K subscribers). Click a video to play it here.

Investing in CT | United Illuminating
2.1M views
Central Maine Power | Investing in Maine's Future
1.6M views
NYSEG: Powering Possibilities
576.2K views
CT: Inversion | United Illuminating
506.8K views

More on Avangrid.

Funding Insights of Avangrid

  • Total Rounds 1
  • Last Round Debt – Conventional β€” $2.5B
  • First Round $2.5B

    (Jul 2018)

All 1 funding rounds of Avangrid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2018$2.5BDebt – Conventional––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Avangrid

Avangrid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Iberdrola.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Integrated solutions for energy generation and sustainability are provided.
1992iberdrola.comBilbao, Spain
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Investor details for Avangrid

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Avangrid

37 people are tracked at Avangrid (19 in leadership, 7 in board & advisors, 11 in team).

NameRoleGroup
James Torgerson
ex CEOLeadership
Adam Gaber
Director Corporate CommunicationsLeadership
Nelly Jefferson
Chief Information OfficerLeadership
Felix Morck
Senior Vice President, Purchasing and ServicesLeadership
Puneet Verma
Senior Vice President, Government AffairsLeadership
John O'Neil
Senior Vice President and Head of People and OrganizationLeadership
Alfredo Del Canto
SVP & Chief of StaffLeadership
Justin Lagasse Mba
CFO and Senior Vice President – ControllerLeadership
Mike Meyden (MBA, PHR)
Human Resources Director - Renewables On ShoreLeadership
Kimberly Harriman
Deputy CEOLeadership
Ignacio Estella
Senior Vice President, Innovation, Talent & Equal OpportunityLeadership
Jose Antonio Miranda
Chief Executive OfficerLeadership
Daniel Canavan
Vice President Regulatory AffairsLeadership
Alan Trotta
Senior Director, Transmission RegulatoryLeadership
Devang Patel
SVP Genconn Energy Llc, VP UIL Distributed Resources Llc, & GM The United Illuminating CompanyLeadership
John Mitchell
Senior Director - Electric Operations, United IlluminatingLeadership
Al Carbone
Director, State Government And Community RelationsLeadership
John P. Rudiak
Senior Director- Energy Supply (uil)Leadership
Javier Bucobo
Vice President, Markets And Regulatory AffairsLeadership
José Ángel Marra Rodriquez
DirectorBoard & advisors

17 more people are available in the full profile.

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Complete people profiles for Avangrid

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Avangrid

4 dated milestones of Avangrid across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Avangrid is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $2.5B.
  4. Exit Acquired by Iberdrola.

Web traffic of Avangrid

The website of Avangrid (avangrid.com) receives about 30.9K visits a month.

  • Monthly visits
    30.9K

    ▼ 11.4% vs previous month

Similar websites

Websites whose visitors overlap most with Avangrid. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
dailyenergyinsider.com
dailyenergyinsider.com
100%
#2,331,045–
thewindpower.net
100%
113.7K#337,113View details
tdworld.com
100%
36.3K#852,430View details
greenpowerdenmark.dk
greenpowerdenmark.dk
100%
#1,561,920–
reddit.com
31%
4.4B#9View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 6 similar websites and full traffic analytics for Avangrid

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 6 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Avangrid

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Complete news archive for Avangrid

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Avangrid

Avangrid was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Avangrid is headquartered in Orange, United States. It is registered at Orange, California, United States.

James Torgerson is the CEO of Avangrid, as recorded in our data.

Avangrid was founded in 2015 and is headquartered in Orange, United States. Operations are centered in the utilities sector, where electricity and natural gas are delivered to consumers via an extensive network. Investments are made in renewable sources, including onshore and offshore wind projects. Sustainability is prioritized through climate action and decarbonization initiatives. A compliance program and corporate governance structure are maintained internally, alongside employee development and supplier engagement programs.

Avangrid offers Electricity Services and Gas Services.

Avangrid has 1 investor. Key investors include Iberdrola.

Avangrid operates through Avangrid, Inc.

Yes. Avangrid was acquired by Iberdrola in May 2024.

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