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 10,107 MW of generation capacity and more than 173,000 kilometres of power lines through seven 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 2025

€2.44bn

of EBITDA

€3.9bn

of gross investment

3.3

supply points

8,269

employees

37,663

GWh distributed energy

$15.6bn

Network assets base

10,107

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:

Avangrid has been included in the FTSE4Good Index for seven consecutive years due to its strong performance.

Equal opportunities. Avangrid has been recognised in Forbes’ “America’s Best Employers for Women 2025” ranking.

During 2025, Avangrid supported more than 80 local non-profit organisations, such as libraries, schools and fire departments, selected by employees through the Community Sponsorship Programme.

In 2025, Avangrid allocated nearly $450,000 to improve the energy efficiency of more than 70 local organisations, reducing operating costs and strengthening their community work.

An international and committed team: Avangrid has a workforce of 8,490 employees at the end of 2025.

Quality of supply. In 2025, Avangrid installed 650 smart devices across its electrical networks, improving service reliability and contributing to the goal of reducing the average outage duration for customers.

Biodiversity and green spaces. Through the Avangrid Foundation, the subsidiary carries out conservation initiatives, environmental education and collaboration with scientific institutions, bringing nature closer to communities and promoting environmental protection.

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.