COVID Stimulus Watch Individual Entry

Recipient Company:
Avangrid Inc
Loan or Loan Guarantee Amount:
$1,101,436

Recipient Details

Ownership Structure: publicly traded

Award Details

Award Date: Dec 28, 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
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Iberdrola
Headquartered in: Spain
Parent Sector: utilities and power generation
Parent Industry: utilities
Employees (prior to pandemic): 35,374

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $114,083
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $428,380
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
CEO Compensation: $7,379,957
Tax icon
Total Federal, State, and Local Subsidies: $1,562,505,548
Subsidy Tracker
Violation Tracker

Details on Accountability data sources