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Avangrid
Avangrid, Inc. (formerly Energy East and Iberdrola USA), is an energy services and delivery company. Avangrid serves about 3.1 million customers throughout New England and New York in the United States. Its subsidiaries include Central Maine Power, Rochester Gas and Electric (RG&E) and New York State Electric & Gas.
In 2008, Iberdrola S.A. purchased Energy East. Iberdrola renamed the company Iberdrola USA.
In November 2010, Iberdrola USA sold its gas distribution companies in Connecticut and Massachusetts, the Southern Connecticut Gas Company, Connecticut Natural Gas Corporation, and the Berkshire Gas Company, to UIL Holdings Corporation.
In 2012, Iberdrola USA sold its energy services companies, Energetix and NYSEG Solutions, to Direct Energy.
In February 2015, Iberdrola USA announced that it had entered into a merger agreement with UIL Holdings Corporation under which UIL Holdings Corporation would merge into a subsidiary of Iberdrola USA, Inc. In December 2015, the acquisition was finalized and the company was rebranded as Avangrid.
In March 2017, Avangrid won the rights to North Carolina's first offshore wind farm with a $9 million bid in a federal auction conducted by the Bureau of Ocean Energy Management (BOEM). The company later divided the lease into North and South portions. In 2024, Avangrid sold the Kitty Hawk North portion to Virginia Electric and Power Company, a subsidiary of Dominion Energy, for $160 million. It retained the rights to develop Kitty Hawk South, which remains in the planning and permitting phase. In 2023, Avangrid requested a federal permitting timetable extension to secure additional paths to market and interconnection options.
Avangrid supports the adoption of electric vehicles. In 2017, Avangrid donated $2 million to the Connecticut Hydrogen and Electric Automobile Purchase Rebate program. The program was launched in 2015 and gives money in the form of rebates to consumers who purchase zero-emissions vehicles, which includes electric vehicles. The company also installed electric vehicle charging stations at several of its facilities. In 2018, Avangrid held an "electric vehicle fair" for its employees, with the goal of enabling these employees, if they so chose, to purchase electric vehicles.
In 2021, Avangrid's subsidiary, Central Maine Power Company (CMP), was fined $360,000 for violating for violating industry testing standards intended to maintain electrical stability and prevent outages.
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Avangrid
Avangrid, Inc. (formerly Energy East and Iberdrola USA), is an energy services and delivery company. Avangrid serves about 3.1 million customers throughout New England and New York in the United States. Its subsidiaries include Central Maine Power, Rochester Gas and Electric (RG&E) and New York State Electric & Gas.
In 2008, Iberdrola S.A. purchased Energy East. Iberdrola renamed the company Iberdrola USA.
In November 2010, Iberdrola USA sold its gas distribution companies in Connecticut and Massachusetts, the Southern Connecticut Gas Company, Connecticut Natural Gas Corporation, and the Berkshire Gas Company, to UIL Holdings Corporation.
In 2012, Iberdrola USA sold its energy services companies, Energetix and NYSEG Solutions, to Direct Energy.
In February 2015, Iberdrola USA announced that it had entered into a merger agreement with UIL Holdings Corporation under which UIL Holdings Corporation would merge into a subsidiary of Iberdrola USA, Inc. In December 2015, the acquisition was finalized and the company was rebranded as Avangrid.
In March 2017, Avangrid won the rights to North Carolina's first offshore wind farm with a $9 million bid in a federal auction conducted by the Bureau of Ocean Energy Management (BOEM). The company later divided the lease into North and South portions. In 2024, Avangrid sold the Kitty Hawk North portion to Virginia Electric and Power Company, a subsidiary of Dominion Energy, for $160 million. It retained the rights to develop Kitty Hawk South, which remains in the planning and permitting phase. In 2023, Avangrid requested a federal permitting timetable extension to secure additional paths to market and interconnection options.
Avangrid supports the adoption of electric vehicles. In 2017, Avangrid donated $2 million to the Connecticut Hydrogen and Electric Automobile Purchase Rebate program. The program was launched in 2015 and gives money in the form of rebates to consumers who purchase zero-emissions vehicles, which includes electric vehicles. The company also installed electric vehicle charging stations at several of its facilities. In 2018, Avangrid held an "electric vehicle fair" for its employees, with the goal of enabling these employees, if they so chose, to purchase electric vehicles.
In 2021, Avangrid's subsidiary, Central Maine Power Company (CMP), was fined $360,000 for violating for violating industry testing standards intended to maintain electrical stability and prevent outages.