AVANGRID, Inc., a diversified energy and utility company with $30
billion in assets and operations in 25 states, commenced trading on the
New York Stock Exchange today. The ticker symbol is AGR.
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Ignacio Galán, Executive Chairman of Iberdrola and AVANGRID Board Chair, rings the opening bell at the NYSE. (Photo: Business Wire)
AVANGRID’s Chairman of the Board, Ignacio Galán, accompanied by the
AVANGRID board of directors, celebrated the first day of trading for the
new company by ringing the opening bell at NYSE this morning.
About AVANGRID
AVANGRID, Inc. (NYSE:AGR) is a diversified energy and utility company
with $30 billion in assets and operations in 25 states. The company
operates regulated utilities, electricity generation, and natural gas
storage through three primary lines of business. Iberdrola USA Networks
includes eight electric and natural gas utilities, serving 3.1 million
customers in New York and New England. Iberdrola Renewables operates 6.3
gigawatts of electricity capacity, primarily through wind power, in
states across the U.S. Iberdrola Energy Holdings operates 120 Bcf of
owned or contracted natural gas storage and hub service facilities in
the South and West. AVANGRID employs 7,000 people. The company was
formed by a merger between Iberdrola USA and UIL Holdings in 2015.
AVANGRID remains an affiliate of the Iberdrola Group, a worldwide leader
in the energy industry.
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