A

Avangrid
D

AGR

36.080
USD
-0.16
(-0.44%)
Market Closed
Volume
27,395
EPS
2
Div Yield
4.86
P/E
12
Market Cap
13,959,749,746
OverviewSignalsIdeasNews
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Title: Avangrid

Sector: Utilities
Industry: Utilities - Regulated Electric
Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates nearly 8.6 gigawatts of renewable energy projects across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.6% of Avangrid and has proposed to acquire the remaining shares.