Avangrid: Where Energy Meets Humanity

PEDRO AZAGRA CEO AVANGRID

A Vision for a Sustainable Future

Avangrid is a pioneering force in clean and reliable energy, with a mission that extends beyond power generation. The company is dedicated to creating a more sustainable world while empowering the communities it serves. Avangrid believes that energy and humanity are deeply interconnected, and its commitment to innovation, sustainability, and ethical business practices drives every aspect of its operations.

Delivering Clean Energy Solutions

With a presence across 24 states, Avangrid is a leader in renewable energy. The company is one of the largest producers of wind and solar energy in the U.S., with 9.3 gigawatts of emissions-free installed capacity. Avangrid is actively working toward carbon neutrality for Scopes 1 and 2 by 2030, demonstrating an ambitious commitment to reducing emissions and leading the clean energy transition.

Commitment to Sustainability

Sustainability is at the heart of Avangrid’s mission. The company aligns its business goals with the United Nations Sustainable Development Goals (SDGs) to promote clean, affordable energy while safeguarding the environment. By integrating sustainability into its core business practices, Avangrid delivers long-term value to customers, shareholders, and society.

Advancing Communities and Innovation

Avangrid’s initiatives extend beyond energy production. The company is dedicated to solving problems sustainably by:

  • Protecting natural resources and reducing environmental impact.
  • Creating job opportunities and strengthening local economies.
  • Ensuring safe, reliable, and affordable energy access for 3.3 million customers across New York and New England.

Avangrid operates under a framework of strong corporate ethics. It has been awarded Compliance Leader Verification certification by the Ethisphere Institute for maintaining industry-leading corporate compliance programs. This recognition underscores the company’s unwavering commitment to ethical governance, transparency, and accountability.

Leadership and Strategic Vision

At the helm of Avangrid is Pedro Azagra, a seasoned leader with a proven track record in global energy development. As CEO, Mr. Azagra brings decades of expertise in corporate strategy, mergers, and acquisitions, playing a pivotal role in the company’s expansion.

A Legacy of Growth and Innovation

  • Spearheaded the $4.7 billion acquisition and integration of Energy East Corporation in 2008.
  • Led the $17.9 billion merger of Avangrid (formerly Iberdrola USA) and UIL Holdings in 2015.
  • Expanded Avangrid’s presence in the U.S. offshore wind industry, reinforcing its commitment to clean energy.
  • Oversees a renewables business that owns and operates nearly 9 gigawatts of electricity capacity across 24 states.

Mr. Azagra’s expertise extends beyond Avangrid, as he serves on the Iberdrola Group Board of Directors and holds key positions in energy organizations worldwide. His contributions to the clean energy sector were recognized in April 2024 when he was named a Trailblazer in Clean Energy by City & State.

A Future Built on Sustainability and Innovation

Avangrid’s mission to lead the clean energy transition is supported by its values:

  • Sustainable:Generating economic, social, and environmental value for communities.
  • Agile:Driving innovation and continuous improvement.
  • Collaborative:Working together for mutual benefit and positive change.

As Avangrid continues to shape the future of energy, it remains dedicated to delivering sustainable solutions that benefit people and the planet. Through strategic leadership, ethical business practices, and a steadfast commitment to innovation, Avangrid is setting the standard for the energy industry and ensuring a cleaner, brighter future for generations to come.