Avangrid, Inc.: directors' dealings · United States · SEC (Form 4)

About Avangrid, Inc.

Avangrid, Inc. (NYSE: AGR) is a U.S.-listed energy company traded on the NYSE in the United States, with its corporate headquarters in Orange, Connecticut, United States. The company was formed in December 2015 through the merger of Iberdrola USA and UIL Holdings Corporation. For investors, Avangrid is best understood as a hybrid utility and power-generation platform: part regulated infrastructure business, part renewable and conventional generation portfolio. That mix gives the company a defensive earnings base from regulated networks while also providing exposure to long-term electrification and energy-transition themes. Avangrid’s business is organized around two primary segments. Avangrid Networks covers regulated electric and natural gas utilities in the Northeastern United States, including several operating companies that serve more than 3.4 million customers across New York and New England. Avangrid Power, also referred to in the company’s public materials as its renewables/power generation business, owns and operates energy assets across the United States, with a portfolio heavily weighted toward wind and solar generation. The company’s footprint spans multiple U.S. states, and management emphasizes the scale of its grid and generation assets as a core competitive advantage. From a competitive standpoint, Avangrid occupies a strategic middle ground in the U.S. utility universe. Its regulated networks provide relatively stable, utility-like cash flows and an essential-service profile, while its generation business links the company to the faster-growing renewable-energy market. The company’s relationship with Iberdrola, one of the world’s major power groups, also gives it access to international utility and clean-energy expertise. That sponsor backing can support capital allocation, grid investment, and renewable development, but it also means investors should pay attention to group-level governance and strategic priorities. Recent developments have been material. Avangrid has continued to highlight its scale in the United States, citing roughly 8,000 employees, offices in Connecticut, New York, Massachusetts, Maine, and Oregon, and a broad operating base in 23 states. The company also reported continued external recognition for ethics and corporate citizenship, including JUST Capital rankings in 2025. In June 2025, Avangrid announced that José Antonio Miranda Soto was appointed CEO of Avangrid after Pedro Azagra moved to lead Iberdrola, marking an important leadership transition. For investors tracking SEC Form 4 insider transactions, this management shift is relevant because it can influence disclosure patterns, governance signals, and short-term market interpretation.