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10/31/2019

Avangrid Renewables Names Alejandro de Hoz President and CEO

Avangrid Renewables Names Alejandro de Hoz President and CEO

 

                          

 

For Immediate Release

 

Avangrid Renewables Names Alejandro de Hoz

President and CEO

 

ORANGE, Connecticut — October 22, 2019 — Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), announced today that Alejandro de Hoz, currently the company’s Vice President of Offshore Wind, is appointed to the role of President & CEO. He succeeds Laura Beane, who has decided to leave the company. With experience in both onshore and offshore renewables around the world, de Hoz will be responsible for driving continued growth in this important part of AVANGRID’s business.

“Avangrid Renewables plays a key role in achieving our ambition to be a top tier clean energy company and in fulfilling our corporate purpose to deliver a clean energy model that promotes healthier, more sustainable communities,” said AVANGRID CEO James P. Torgerson. “We have a growing renewables business with strong expertise in core areas of onshore wind and solar, and we continue to develop our expertise and leadership in the nascent offshore business in the US. With his broad renewables experience in both onshore and offshore wind, Alejandro is a great fit to lead Avangrid Renewables into this next phase of growth.”

“I would like to thank Laura for her dedication to the company for nearly 25 years, most recently leading the organization for the last three years,” continued Torgerson. “Her leadership helped position our renewables business for continued growth and our entry into offshore wind.”

Prior to Avangrid Renewables, de Hoz was Offshore Business Performance director for Iberdrola charged with preparing the company’s offshore wind pipeline for competitive auction processes in the UK and Germany. Previously, he held positions within the Iberdrola group developing the onshore wind business internationally in France, Mexico and Brazil. De Hoz holds a degree in physics from the University Complutense of Madrid and an MBA from ICAI-ICADE University of Madrid.

 

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About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $33 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 3.2 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 6,500 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 by the Ethisphere Institute. For more information, visit www.avangrid.com

 

About Avangrid Renewables: Avangrid Renewables, LLC is a subsidiary of AVANGRID, Inc. It is a leading renewable energy company in the United States, owning and operating 6.6 gigawatts of installed renewable energy capacity, primarily using wind power, with a presence in 22 U.S. states. IBERDROLA, S.A., is an energy pioneer with one of the largest renewable asset bases of any company in the world. Avangrid Renewables is headquartered in Portland, Oregon. For more information, visit www.avangridrenewables.com.

 

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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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