Avangrid Declares Quarterly Dividend

July 6, 2017

ORANGE, Conn.–(BUSINESS WIRE)–Today Avangrid, Inc. (NYSE:AGR) announced that its Board of Directors
declared a quarterly dividend of $0.432 per share on its shares of
common stock. This dividend is payable October 2, 2017 to shareholders
of record at the close of business on September 8, 2017.

Avangrid, Inc. (NYSE: AGR) is a diversified energy and utility
company with more than $31 billion in assets and operations in 27
states. The company owns regulated utilities and electricity generation
assets through two primary lines of business, Avangrid Networks and
Avangrid Renewables. Avangrid Networks is comprised of eight electric
and natural gas utilities, serving approximately 3.2 million customers
in New York and New England. Avangrid Renewables operates 6.5 gigawatts
of electricity capacity, primarily through wind power, in 22 states
across the United States. Avangrid employs approximately 6,800 people.
For more information, visit www.avangrid.com.

Contacts

Avangrid, Inc.
Patricia Cosgel, 203-499-2624