Avangrid (AGR) CEO Dennis Arriola on Q4 2021 Earnings Call Transcript

Feb. 23, 2022 4:42 PM ETAvangrid, Inc. (AGR) StockAGR
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Avangrid, Inc. (AGR) Q4 2021 Earnings Conference Call February 23, 2022 10:00 AM ET

Company Participants

Michelle Hansen - Manager, IR
Dennis Arriola - CEO
Patricia Cosgel - CFO
Doug Stuver - Outgoing CFO
Bob Kump - Deputy CEO and President of Avangrid
Catherine Stempien - President and CEO, Avangrid Networks
Jose Antonio Miranda - Co-CEO and President Onshore
Bill White - Co-CEO and President Offshore

Conference Call Participants

Angie Storozynski - Seaport Research Partners
Richard Sunderland - JPMorgan
David Arcaro - Morgan Stanley
Julien Dumoulin-Smith - Bank of America
Insoo Kim - Goldman Sachs

Operator

Hello and welcome to Avangrid’s Fourth Quarter and Full Year 2021 Earnings Conference Call.

I would now like to hand over to our host Michelle Hansen, Manager of Investor Relations. Please go ahead.

Michelle Hansen

Thank you, Elliot and good morning to everyone. Thank you for joining us today to discuss Avangrid’s fourth quarter 2021 earnings results. Presenting on the call today are Dennis Arriola, our Chief Executive Officer; Patricia Cosgel, our Chief Financial Officer; and also joining us today will be Bob Kump, Deputy Chief Executive Officer and President of Avangrid; Catherine Stempien, President and Chief Executive Officer of Avangrid Networks; Jose Antonio Miranda, Co-CEO and President Onshore; Bill White, Co-CEO and President Offshore; and Doug Stuver, our outgoing CFO.

If you do not have a copy of our press release or presentation for today's call, they are available on our website at www.avangrid.com. During today's call, we will make various forward-looking statements within the meaning of the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, based on current expectations and assumptions, which are subject to risks and uncertainties.

Actual results could differ materially from our forward-looking statements if any of our key assumptions are incorrect or because

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