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Avangrid CEO James Torgerson, who steered Connecticut’s second largest utility parent through a merger with Spanish multinational energy company Iberdrola, will retire this June.
Torgerson said his decision had been in the works for some time, pre-dating the COVID-19 pandemic that has struck and spread in Connecticut over the last month.
“...I am fully engaged and committed to leading this organization as we navigate the current challenges of the coronavirus pandemic,” Torgerson said in the announcement. “We are well prepared and committed to ensuring there is no interruption in service for our customers and taking care of our employees during this uncertain time.”
Orange-based Avangrid said it is conducting a search for Torgerson’s successor.
Much of Avangrid’s Connecticut operations, including United Illuminating and the Southern Connecticut Gas Co., serve New Haven and Fairfield counties, but Connecticut Natural Gas serves around 170,000 customers in Greater Hartford and Greenwich.
Avangrid’s renewables division owns and operates approximately 7.1 gigawatts of wind, solar and other generation across 22 states.
Torgerson has been CEO of Avangrid since it was formed in 2015 through the merger of Iberdrola USA and UIL Holdings Corp. He was previously CEO and president of the latter company.
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