Avangrid Recognized with Stevie Award for Large Energy Company of the Year in 2025 American Business Awards
Avangrid, Inc., a leading U.S. energy company and a prominent member of the global Iberdrola Group, has earned national recognition by being named a Stevie® Award winner in the category of Large Energy Company of the Year at the 23rd Annual American Business Awards®. This prestigious honor underscores Avangrid’s continued leadership, innovation, and ethical commitment in the American energy sector.
The American Business Awards, commonly referred to as the Stevies, are widely acknowledged as the premier business awards program in the United States. Open to all organizations operating within the country—whether large or small, public or private, for-profit or nonprofit—the awards are a celebration of organizational excellence across various sectors. In 2025, the competition saw more than 3,600 nominations submitted for consideration across a broad range of categories.
Avangrid’s recognition in the Large Energy Company category reflects a landmark year of achievements, technological advancements, and responsible leadership in the energy industry. The award acknowledges the company’s proactive investments in the electrical grid, its ability to meet the nation’s rising energy demands, and its key role in helping transition the United States toward a cleaner and more resilient energy future.
A Culture of Innovation and Integrity
Commenting on the award, Avangrid CEO Pedro Azagra said, “We are proud to be recognized by the 2025 American Business Awards for our innovation, integrity, and growth. Winning a Stevie Award highlights Avangrid’s commitment to strengthening the electrical grid, meeting growing energy demand, and shepherding the U.S. economy into a strong energy future.”
This award is a reflection not just of Avangrid’s operational success, but of its values-based approach to energy leadership. Azagra has frequently emphasized Avangrid’s dual mission: delivering reliable and affordable energy to millions of Americans while accelerating the shift toward a low-carbon economy. In an era marked by increasing climate challenges and a growing call for corporate accountability, Avangrid has positioned itself as a forward-thinking utility that prioritizes both performance and public good.
A Year of Recognition Across the Board
The Stevie Award adds to an impressive list of accolades for Avangrid in 2025. In total, the company and its leaders have received eight major awards so far this year, reflecting excellence in utility operations, ethics, communications, emergency response, and sustainability. These include:
- Emergency Response Award presented to NYSEG and CMP by the Edison Electric Institute, recognizing outstanding preparedness and response during significant weather-related events.
- 2025 Eddy Award from Pensions & Investments, honoring Avangrid’s excellence in retirement plan communications and engagement.
- Recognition by JUST Capital and CNBC as one of the JUST 100 companies in America, highlighting Avangrid’s corporate responsibility and stakeholder-driven performance.
- Compliance Leader Verification (2025-2026) from Ethisphere, recognizing Avangrid’s high standards of compliance, governance, and ethical business conduct.
- Inclusion among The World’s Most Ethical Companies for 2025, also by the Ethisphere Institute, marking the company’s seventh consecutive appearance on the list.
- Awards at the New York Capital Region American Advertising Awards (ADDYs) for impactful marketing and brand storytelling.
- Acknowledgement by City & State as one of New York’s Clean Energy Trailblazers for 2025, highlighting local leadership in renewable energy and clean infrastructure.
This consistent pattern of recognition showcases Avangrid’s multi-faceted success across both internal operations and public-facing initiatives. From employee engagement and ethical compliance to emergency response and clean energy advocacy, the company continues to earn trust and admiration across industry lines.
Stevie Awards: Recognizing Excellence Globally
The Stevie Awards are not limited to a single country or sector. With nine distinct award programs—including the Asia-Pacific Stevie Awards, German Stevie Awards, Middle East & North Africa Stevie Awards, The International Business Awards®, and others—the competition is truly global. More than 12,000 entries are received each year from over 70 nations, and the judging panels feature more than 250 business professionals from around the world.
The American Business Awards, where Avangrid was recognized, is one of the most competitive arms of the Stevie Awards. Categories span the full spectrum of organizational life—from Executive of the Year and Best New Product or Service to Marketing Campaign of the Year, App of the Year, and Thought Leader of the Year.
“Organizations across the United States continue to demonstrate resilience and innovation,” said Stevie Awards President Maggie Miller. “The 2025 Stevie winners have helped drive that success through their innovation, persistence, and hard work. We congratulate all of the winners in the 2025 ABAs and look forward to celebrating their achievements during our June 10 gala event in New York.”
Avangrid’s Strategic Role in the U.S. Energy Landscape
As one of the leading energy providers in the United States, Avangrid operates at the heart of a rapidly evolving energy ecosystem. The company’s strategy centers on strengthening its transmission and distribution infrastructure while significantly expanding its portfolio of renewable and clean energy assets. With approximately $48 billion in assets and operations across 23 states, Avangrid plays a central role in ensuring energy reliability and sustainability for a growing population.
Headquartered in Orange, Connecticut, with regional offices in New York, Massachusetts, Maine, and Oregon, Avangrid’s operations are organized into two main business segments: networks and power generation.
- The Networks Segment includes eight electric and natural gas utilities that serve more than 3.4 million customers across New York and New England. This division is focused on grid modernization, resilience enhancements, and expanding access to clean electricity.
- The Power Generation Segment includes ownership and operation of over 75 energy generation facilities across the U.S., producing more than 10.5 gigawatts (GW) of power. This diverse mix includes wind, solar, hydroelectric, and thermal power, which together serve more than 3.1 million customers.
Avangrid’s commitment to sustainability and environmental stewardship is evident in its leadership on key renewable energy projects, including offshore wind developments and utility-scale solar expansions. The company is actively investing in transmission infrastructure upgrades that will accommodate increased renewable energy integration while improving grid reliability.
Corporate Responsibility and Employee Culture
Avangrid’s approach to business is grounded in ethical governance, community engagement, and a strong internal culture. The company employs approximately 8,000 people and has developed numerous initiatives to support workforce development, diversity, and inclusion.
Its consistent placement on the JUST 100 list by JUST Capital demonstrates Avangrid’s leadership in stakeholder capitalism—balancing the interests of shareholders, employees, customers, and communities alike. This year marks the fifth consecutive year that Avangrid has earned a spot on the prestigious ranking.
Moreover, the company’s seventh straight recognition as one of the World’s Most Ethical Companies by the Ethisphere Institute is further testament to its robust compliance and governance frameworks. These values are embedded across Avangrid’s business operations, ensuring that its growth is aligned with transparency, accountability, and social responsibility.
A Vision for the Future
Looking ahead, Avangrid is well-positioned to support the nation’s transition to a clean energy future. With the support of its parent company Iberdrola, one of the world’s largest utilities and renewable energy producers, Avangrid has the financial and technical resources needed to lead the way on decarbonization and energy innovation.
From pioneering offshore wind projects off the East Coast to digitizing and decarbonizing grid infrastructure in rural and urban communities, Avangrid is redefining what it means to be a 21st-century utility.
