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Credit Information

Avangrid Renewables is a subsidiary of AVANGRID, Inc. (NYSE: AGR) and part of the IBERDROLA Group. IBERDROLA, an energy pioneer with the largest renewable asset base of any company in the world — more than 14,000 megawatts (MW) of renewable energy spread across a dozen countries.

AVANGRID, Inc. provides credit support on behalf of Avangrid Renewables and its subsidiaries.

Credit Rating

Iberdrola recognizes the importance of maintaining appropriate credit ratings to support its continued growth throughout the U.S.

AVANGRID, Inc. (NYSE:AGR) is a diversified energy and utility company with $30 billion in assets and operations in 25 states. The company operates regulated utilities, electricity generation, and natural gas storage through three primary lines of business. Iberdrola USA Networks includes eight electric, natural gas, or combination utilities serving 3.1 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the U.S. Enstor Gas, LLC operates 120 Bcf of owned or contracted natural gas storage and hub service facilities in the South and West. AVANGRID employs 7,000 people. The company was formed as a business combination between Iberdrola USA and UIL Holdings in 2015. AVANGRID remains an affiliate of the Iberdrola Group, a worldwide leader in the energy industry.

Click here for Iberdrola, S.A. group financial information.

Click here for AVANGRID, Inc. financial information.