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10/19/2020

AVANGRID Appoints Puneet Verma to Lead Federal Government Affairs

AVANGRID Appoints Puneet Verma to Lead Federal Government Affairs

ORANGE, Conn. — October 19, 2020 — AVANGRID (NYSE: AGR), a leading sustainable energy company, announced today the appointment of Puneet Verma to the role of Vice President, Federal Government Affairs. Verma will lead federal advocacy efforts on behalf of AVANGRID’s full suite of businesses including Avangrid Networks and Avangrid Renewables.

“Puneet’s experience, reputation and acumen in the energy sector and his deep relationships with multiple stakeholders in Washington, make him a great addition to lead AVANGRID’s Federal Government Affairs team,” said AVANGRID Chief Executive Officer, Dennis Arriola. “As we continue to grow our business, particularly in offshore wind, Puneet’s strategic leadership will be an important part of helping us realize our goal of being the clean energy leader.”

Verma will lead the government relations team representing the company on Federal regulatory and legislative issues and will be based in Washington, D.C.

“This is an exciting time for the energy sector, and joining AVANGRID as it positions itself to be the clean energy leader is a very exciting opportunity to make a real impact,” said Verma.”

Prior to joining AVANGRID, Verma served as Manager for Federal Government Affairs for Chevron. Before that, he held other leadership roles with Chevron relating to international operations, legislative and regulatory analysis and the company’s renewable technologies ventures. He also held business development and engineering roles with Pacific Gas & Electric Company and Potomac Electric Power Company.

Verma has served as Chair of the American Petroleum Institute’s Environmental Advocacy Strategy Committee and Co-Chair of the Future Transportation and Fuels Subcommittee for the National Petroleum Council, an advisory committee to the Secretary of Energy.

 

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About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $35 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 6,600 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 and 2020 by the Ethisphere Institute. For more information, visit www.avangrid.com.

 

 

 

About Avangrid

About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.

 

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

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