Avangrid
Find out about the main agreements signed by our US subsidiary Avangrid* that reaffirm Iberdrola's commitment to renewable energy, making it the world leader in installed onshore wind power and the cleanest electricity company in the USA, with almost zero emissions.
* Avangrid, Inc. is 81,50% owned by Iberdrola, S.A.
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Iberdrola group, through its US subsidiary, AVANGRID, has approved the purchase of the US energy company PNM Resources, which operates in New Mexico and Texas. The company will merge with AVANGRID to create one of the largest US companies in the sector, with 10 regulated electricity companies in six states (New York, Connecticut, Maine, Massachusetts, New Mexico and Texas), and the third-largest renewables operator in the country, present in a total of 24 states.