Iberdrola in the US

Success and growth in the USA

The United States is one of our strategic global markets, where we plan to allocate €16 billion – a third of our total investment to 2028 – for growth in electricity networks.

The story of our US subsidiary, Avangrid, is one of growth. In less than two decades, it has become one of the country’s leading energy groups. Over the same period, the North American market has become a priority for the Iberdrola Group, offering the security, stability and profitability of a country with an A credit rating. For this reason, our Strategic Plan 2025-2028 allocates one-third of total investment to the United States: €12 billion for Distribution and Transmission Networks and €4 billion for Generation and Customers.

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Avangrid, a leading energy company in the US

AvangridExternal link, opens in new window. is a leader in the US energy sector and is currently focused on building and strengthening the electricity and gas network infrastructure that drives innovation, supports economic growth and ensures the country’s energy future. At the same time, it continues to expand capacity to meet the rising energy demand from industry and data centres through large-scale projects supported by long-term power purchase agreements (PPAs).

Avangrid operates in 24 states and manages more than 10,500 MW of generation capacity and more than 175,000 kilometres of power lines through eight utilities in New York, Connecticut, Maine and Massachusetts, serving 3.4 million customers.

Avangrid's principal businesses are:

Networks. Avangrid Networks , a subsidiary of Avangrid, combines the resources and expertise of eight electricity and natural gas companies to deliver reliable energy to more than 3.4 million customers across New York and New England.

Power. Avangrid owns and operates 90 power-generation facilities across the United States, with a total output of 10.5 GW serving more than 3.1 million users. It is also the country’s third-largest renewable-energy company, with a diverse portfolio managed through its subsidiary Avangrid Power .

Some key figures

Data updated at first half 2025

€1.9bn

of EBITDA

€3.9bn

of gross investment

3.4

million consumers

8,269

employees

37,642

GWh distributed energy

$15.1bn

Network assets base

9,703

MW installed renewable capacity

First

large-scale offshore wind project in the country

"Now more than ever, we need to advance energy independence and decarbonisation. Avangrid is ready to lead the United States towards a clean energy future and provide our customers with more secure, sustainable and affordable energy."

Ignacio S. Galán

Executive Chairman of Iberdrola

Our most emblematic projects and facilities in the US

Avangrid, where energy meets humanity.

Driving Corporate Responsibility in the United States

Avangrid’s activities are guided by a commitment to creating sustainable value for all its stakeholders and to providing the highest level of service to its customers. These are some of Avangrid’s key achievements and initiatives in sustainability:

In 2024, Avangrid was included for the seventh consecutive year in the FTSE4Good Index for its strong performance

Avangrid was recognised in Forbes’ “America’s Best Employers for Women 2025” ranking.

Icon of a person with open arms in front of planet Earth.

Avangrid was the winner of the Patriot Award, presented in 2024 by the US Department of Defense’s Employer Support of the Guard and Reserve (ESGR).

Recipient of the 2024 Ponce de León Award for Company of the Year, granted by the Spain-US Chamber of Commerce.

An international and committed team: Avangrid has a workforce of 8,269 employees at the end of 2024.

In 2024, Avangrid allocated more than $130 million to enhance network resilience, including flood walls, substation relocations and the rebuilding of transmission lines. In total, $318 million was invested in climate adaptation and mitigation measures.

Through the Avangrid Foundation, the company invests in organisations and programmes that have a positive impact on the communities it serves.

Icon of a person in front of a blackboard.

Avangrid offers scholarships for students at risk of dropping out of university due to financial emergencies, as well as dedicated programmes enabling young people to develop energy-focused engineering projects.