About Avangrid, Inc.Avangrid, Inc. (NYSE: AGR) is a diversified energy and utility company with more than $30 billion in assets and operations in 25 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving more than 3.0 million customers in New York and New England. Avangrid Renewables operates 6.3 gigawatts of electricity capacity, primarily through wind power, in states across the United States. AVANGRID employs approximately 7,000 people. The company was formed through a merger between Iberdrola USA, Inc. and UIL Holdings Corporation in 2015. Iberdrola S.A. (Madrid: IBE), a worldwide leader in the energy industry, owns 81.5% of AVANGRID. For more information, visit www.avangrid.com . Forward Looking Statement Certain statements included or incorporated by reference in this press release constitute "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Whenever used in this press release, the words "may," "will," "can," "plan," "intend," "estimate," "expect," "believe," "anticipate," or similar expressions are intended to identify such forward looking statements. In the past actual results have varied materially and unpredictably from expectations. The Company cautions readers not to place undue reliance on these forward looking statements, which speak only as to the date of this press release. The Company undertakes no obligation to republish revised forward looking statements to reflect new information, future events or otherwise. New factors emerge from time to time and it is not possible for management to predict all such factors, nor can it assess the impact of any such factor on the business or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward looking statement.