Press release
Avangrid Energy Plants Power Over 1 Million Homes and Businesses During Coldest Winter Months
Over 30 Avangrid Projects Continued to Supply Heat and Energy During Historic Low Temperatures Impacting Much of the Midwest
ORANGE, Conn. — Jan. 28, 2025 — Avangrid, Inc., a leading sustainable energy company and member of the Iberdrola Group, continues to provide electricity from its energy assets located throughout the United States, even during the depths of winter. The electricity provided by our assets is helping ensure power continues to flow to homes and businesses during a recent winter cold snap, keeping lights on and buildings warm.
“Even in the midst of freezing temperatures, our energy assets are proving to be an affordable and reliable source of electricity for thousands of people across the country. I am grateful for the hundreds of technicians who work at our projects all year to ensure we are providing electricity when it’s needed the most,” said Pedro Azagra, Avangrid CEO. “Our projects are maximizing American energy production, delivering reliable power, and enhancing our national security, all while growing the economy.”
Over the past week, much of the middle of the nation dealt with extreme cold temperatures. Avangrid has over 30 energy facilities situated between the Rocky and Appalachian Mountains with a combined installed capacity of over 4.5 Gigawatts (GW) that are delivering power to families and businesses that count on it each day – whether during the dead of winter or height of summer. Combined, these projects are capable of producing enough energy to power the equivalent of about 1 million homes.
In addition to being there when they are needed most, these projects are important daily economic drivers in these communities, contributing lease payments to participating landowners and delivering critical tax revenue to bolster a variety of public services, including schools.
Avangrid has over 75 projects and 9 GW of installed capacity across 22 states.
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For media inquiries, email: corporatecommunications@avangrid.com
About Avangrid: Avangrid, Inc. is a leading U.S. energy company investing in grid infrastructure and power generation projects to deliver reliable energy and meet growing electricity demand. With approximately $50 billion in assets and operations across 25 states, Avangrid is helping modernize the U.S. electric grid, improve system resiliency, and support economic growth for the customers and communities it serves.
Avangrid owns and operates seven electric and natural gas utilities, serving more than 3.4 million customers in New York and New England. Avangrid also has nearly 100 energy generation facilities across the United States and more than 11 gigawatts of installed capacity. Avangrid has more than 8,300 employees and was named among the World's Most Ethical Companies in 2026 for the eighth consecutive year by the Ethisphere Institute. Avangrid is a member of the Iberdrola Group.
About Iberdrola: With a market capitalization of more than €140 billion, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people around the world and has a workforce of 45,400 employees and assets of €165 billion. In 2025, Iberdrola posted a record net profit of €6.3 billion. The company contributes close to €10.4 billion in taxes in the countries where it operates and supports more than 500,000 jobs throughout its supply chain, thanks to €13.2 billion in purchases from tens of thousands of suppliers.
Since 2001, Iberdrola has invested more than €175 billion in electricity networks, renewable energy and energy storage to help create an energy model based on electrification. The company has close to 1.4 million km of electricity networks in the United States (the states of New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasilia) and Spain, as well as 57,000 MW of capacity worldwide, of which more than 46,000 MW is renewable.
