COVID Stimulus Watch Individual Entry
Recipient Company:
Avangrid Inc
Loan or Loan Guarantee Amount:
$2,235,040
Recipient Details
Ownership Structure: publicly traded (ticker symbol AGR)
Award Details
Award Date: Oct 8, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Avangrid
Headquartered in: Connecticut
Parent Sector: miscellaneous energy products and systems
Parent Industry: energy services
Employees (prior to pandemic): 6,597
Accountability Issues Since 2010
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Ratio of CEO Pay to that of Median Worker: 10 to 1
CEO Compensation: $2,258,449
Worker Median Pay: $221,567
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