Iberdrola USA

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Iberdrola USA, Inc.
Type Public
Industry Energy
Predecessors Energy East
Headquarters New Gloucester, Maine and Rochester, New York, USA
Area served New York, New England
Services hydroelectric generation, electric transmission and distribution, natural gas distribution, propane/air distribution, energy services
Owners Iberdrola S.A.
Parent Iberdrola S.A.
Subsidiaries New York State Electric & Gas
Rochester Gas and Electric
Central Maine Power
Website www.iberdrolausa.com

Iberdrola USA (formerly Energy East), a subsidiary of Spanish energy company Iberdrola, S.A., is an energy services and delivery company serving about 2.7 million customers throughout upstate New York and New England.

History[edit]

In 2007 Iberdrola agreed to purchase Energy East. The deal closed on September 17, 2008, valuing each Energy East share at $28.50. This represented a premium of 20.2% over the average share price for the 30 days prior to the offer announcement.[1] On December 7, 2009, Iberdrola announced it was renaming the company as Iberdrola USA.[2]

In 2012, Iberdrola USA sold its energy services companies, Energetix and NYSEG Solutions, to Direct Energy.[3]

Subsidiaries[edit]

Central Maine Power is a subsidiary of Iberdrola USA. CMP supplies power to more than 560,000 people in the state of Maine.



New York State Electric and Gas is a subsidiary of Iberdrola USA. NYSEG supplies power and gas to a large portion of southern New York state.



Rochester Gas and Electric is a subsidiary of Iberdrola USA. RGE supplies power and gas to a portion of north-central New York State.


Maine Natural Gas - a natural gas company serving customers around southern Maine


New Hampshire Gas - a small propane/air utility serving customers around Keene, NH

See also[edit]

References[edit]

External links[edit]