• CERAWeek
  • March 18 - 22, 2024

Pedro Azagra


Chief Executive Officer

Pedro Azagra Blázquez is the CEO of AVANGRID, Inc., a leading, sustainable energy company with ~$40B in assets and operations in 24 states. Pedro was appointed to the position of CEO in May 2022. Mr. Azagra has senior leadership experience through his service as Chief Development Officer since 2008 and member of the Operating Committee of Iberdrola, as well as member of the Board of Directors and Financial Committee of Neoenergia Group. He previously served as Iberdrola Director of Strategy from 1997-2001 and was responsible for corporate development activities of the Iberdrola Group from 2001-2008. He was responsible for the US business of Iberdrola Group from 2007-2009 and formerly served on the boards of directors of Siemens Gamesa, Iberdrola Mexico, Energy East, Rochester Gas and Electric, New York State Electric and Gas Corporation, Iberdrola Portugal and Rokas. Mr. Azagra has been responsible for the execution and integration of more than 120 transactions in excess of $120B worldwide, allowing Iberdrola´s entry in new markets such as USA, UK, Greece, France, Japan, Australia, Sweden, Poland and the Philippines. Before joining the Iberdrola Group, he worked at Morgan Stanley in London and New York in the investment banking division in advisory, equity and debt transactions. Mr. Azagra earned a business degree and a law degree from Universidad Pontificia de Comillas and an M.B.A. from the University of Chicago. He has served as Professor of Corporate Finance and Mergers and Acquisitions at Universidad Pontificia de Comillas, in Madrid, Spain since 1998.

Sessions With Pedro Azagra

Thursday, 9 March

  • 04:10pm - 04:50pm (CST) / 09/mar/2023 10:10 pm - 09/mar/2023 10:50 pm

    Delivering the Low-carbon Infrastructure of the Future

    Power & Renewables
    Industrial policies to support sustainability targets are globally incentivizing the buildout of low-carbon technologies and the networks of infrastructure to deploy them. Delivering this infrastructure is at the center of the energy trilemma: How to build a system that is equal parts secure, sustainable and affordable? How are energy investors and project developers balancing the priorities of energy security and transition? How has the policy landscape shaped portfolio strategies? What challenges with transmission, permitting and interconnection need to be overcome to deliver energy to where it’s needed?