UIL Holdings Overview
- Year Founded
-
1971
- Status
-
Acquired/Merged
- Employees
-
1,500
- Latest Deal Type
-
M&A
- Financing Rounds
-
2
- Investments
-
5
UIL Holdings General Information
Description
Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Networks is the combination of Iberdrola's U.S. regulated units and UIL Holdings. Renewables focuses on developing onshore wind projects primarily but also develops solar and offshore wind projects. It operates more than 7 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.
Contact Information
Website
www.uil.comCorporate Office
- 157 Church Street
- New Haven, CT 06506
- United States
Corporate Office
- 157 Church Street
- New Haven, CT 06506
- United States
UIL Holdings Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
UIL Holdings Executive Team (7)
| Name | Title | Board Seat |
|---|---|---|
| James Torgerson | President, Chief Executive Officer & Board Member |
UIL Holdings Board Members (8)
| Name | Representing | Role | Since |
|---|---|---|---|
| 000000 00000 | Avangrid (Multi-Utilities) | Board Member | 000 0000 |
| 00000 000000000 | UIL Holdings | President, Chief Executive Officer & Board Member | 000 0000 |
| 0000 000000 000000 | Self | Board Member | 000 0000 |
| 00000000 0000000 | Self | Board Member | 000 0000 |
| 000000 0000000 | Avangrid (Multi-Utilities) | Board Member | 000 0000 |
UIL Holdings Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
UIL Holdings Acquisitions (5)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Avangrid (Multi-Utilities) | 16-Dec-2015 | 0000000 00 | Multi-Utilities | ||
| The Southern Connecticut Gas | 31-Mar-2011 | 0000000000 | Other Energy | 00000 000 | |
| Connecticut Natural Gas | 16-Nov-2010 | 0000000000 | Other Commercial Services | ||
| Iberdrola USA (3 Gas Utilities Business) | 16-Nov-2010 | 0000000000 | 00000 | Gas Utilities | |
| 4Front Systems | 01-Oct-2001 | Merger/Acquisition | Systems and Information Management | 000000000 |
UIL Holdings Subsidiaries (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Connecticut Natural Gas | Other Commercial Services | Chelsea, MA | 1848 |
| UIL Holdings Defined Benefit Master Trust | Corporate Pension | Orange, CT |
UIL Holdings FAQs
-
When was UIL Holdings founded?
UIL Holdings was founded in 1971.
-
Who is the CEO of UIL Holdings?
James Torgerson is the CEO of UIL Holdings.
-
Where is UIL Holdings headquartered?
UIL Holdings is headquartered in New Haven, CT.
-
What is the size of UIL Holdings?
UIL Holdings has 1,500 total employees.
-
What industry is UIL Holdings in?
UIL Holdings’s primary industry is Electric Utilities.
-
Is UIL Holdings a private or public company?
UIL Holdings is a Private company.
-
What is the current valuation of UIL Holdings?
The current valuation of UIL Holdings is 00.000.
-
What is UIL Holdings’s current revenue?
The current revenue for UIL Holdings is 000000.
-
How much funding has UIL Holdings raised over time?
UIL Holdings has raised $657M.
-
When was UIL Holdings acquired?
UIL Holdings was acquired on 16-Dec-2015.
-
Who acquired UIL Holdings?
UIL Holdings was acquired by Avangrid (Multi-Utilities).
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