Avangrid Named to TIME’s America’s Best Mid-Size Companies 2024

Avangrid, Inc., a leading sustainable energy company and a member of the Iberdrola Group, has been awarded to TIME’s inaugural list of America’s Best Mid-Size Companies 2024. This prestigious honor is presented to companies with superior sustainability transparency, revenue growth, and employee satisfaction.

“We are honored to be recognized by TIME as one of America's Best Mid-Size Companies,” said Pedro Azagra, Avangrid CEO. “This accolade is a testament to Avangrid's steadfast commitment to sustainability, our continuous growth, and the dedication we have to our employees' satisfaction and well-being. Our inclusion makes it clear that our efforts to foster a sustainable future are resonating not only within our company but across the industry and beyond. Alongside Iberdrola, we will continue to set the bar high and remain at the forefront of the sustainable energy sector.”

America's Best Mid-Size Companies 2024, presented by TIME and Statista Inc, were identified based on three dimensions—employee satisfaction, revenue growth, and sustainability transparency—using more than 15 different criteria. The project scope considered all companies that operate in the United States and generated at least $100 million in revenue but less than $10 billion in 2022 or 2023.

Avangrid is one of the country’s cleanest utilities with an emissions intensity over six times lower than the U.S. power sector average since 2015. The company operates 8.8 gigawatts (GW) of emissions-free installed capacity in 24 states across the country and serves more than 3.3 million customers through its utilities in the Northeast. Avangrid is also pioneering the United States’ offshore wind energy with its Vineyard Wind 1 project, which recently announced it is delivering more than 136 megawatts (MW) to the electric grid in Massachusetts, making it the largest operating offshore wind project in the United States.

Statista Is the leading statistics portal and industry ranking provider. It publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys.