Conversation with Jim Torgerson, CEO, AvanGrid

Deck: 

Leadership Lyceum Podcast: Avangrid and Utility Industry Leadership in the Era of Innovation

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I caught up with Jim Torgerson, CEO of Avangrid, at the 2017 EEI Convention in Boston back in June.

Avangrid is a diversified energy and utility company with more than $31 billion in assets and operations in 27 states. Avangrid has eight electric and natural gas utilities, serving 3.2 million customers in New York and New England.

Previously known as Iberdrola USA, in 2015 its name changed to Avangrid when it merged with UIL Holdings (parent of The United Illuminating Company and other Connecticut and Massachusetts based utilities). Avangrid is a subsidiary of Iberdrola SA of Spain, one of the world's largest utilities.

Jim and I discussed Avangrid's evolution since the merger. Jim provided insight into how technology and innovation have created a magnified volatility and opportunity in the utility industry requiring a forward-thinking approach to "stay ahead of the curve". 

Tom Linquist: You've gone through some interesting changes over the last several years at UIL. It appeared Iberdrola had owned some assets they ended up selling to you. Then they bought the whole company back from you, in 2015. 

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