AVANGRID Declares Quarterly Dividend

(NYSE:AGR) – AVANGRID announced that its Board of Directors declared a
quarterly dividend of $0.44 per share on its Common Stock at today’s
Board meeting. This dividend is payable October 1, 2018 to shareowners
of record at the close of business on September 7, 2018.

About AVANGRID

AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company
with $31 billion in assets and operations in 24 U.S. states. AVANGRID
has two primary lines of business: Avangrid Networks and Avangrid
Renewables. Avangrid Networks owns eight electric and natural gas
utilities, serving 3.2 million customers in New York and New England.
Avangrid Renewables owns and operates 7.1 gigawatts of electricity
capacity, primarily through wind power, with a presence in 22 states
across the United States. AVANGRID employs approximately 6,500 people.
AVANGRID supports the U.N.’s Sustainable Development Goals, received a
Climate Development Project climate score of “A-,” the top score
received in the utilities sector, and has been recognized for two
consecutive years by Ethical Boardroom as the North American utility
with the “best corporate governance practices.” For more information,
visit www.avangrid.com.

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