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CORRECTING and REPLACING AVANGRID to Present at the 51st Annual Edison Electric Institute Financial Conference

The first paragraph of release dated November 4, 2016 is corrected and replaced.

The corrected release reads:

AVANGRID TO PRESENT AT THE 51ST ANNUAL EDISON ELECTRIC INSTITUTE FINANCIAL CONFERENCE

AVANGRID, Inc. (NYSE:AGR) Chief Executive Officer, James P. Torgerson, will present at the Edison Electric Institute (EEI) Financial Conference on Tuesday, November 8, 2016, beginning at 12:30 p.m. (EST). The live audio-only webcast, presentation slides and a replay of the presentation will be available on the Investors section of AVANGRID’s website at http://www.avangrid.com.

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.

Contacts:

AVANGRID, Inc.
Analysts:
Patricia Cosgel, 203-499-2624
or
Media:
Michael West Jr., 203-499-3858

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