May '21 Equity Issuance Factsheet

AVANGRID closed on an issuance of $4B in equity on May 18, 2021

Equity Issuance

New Shares Outstanding

Purchasers

$4B

387M

Qatar Investment

Amount Raised

New Total Shares Outstanding

Authority

(309.5M + 78M Shares)

$740M

18.5% (~14M shares)

$51.40

358M

Issuance Price

Wtd. Avg. Shares for 2021

Iberdrola

$3260M

63M shares (81.5%)

78M

347M / 328M

Iberdrola holds 81.5%

Shares Issued

Wtd. Avg. Shares for

(~316M shares)

3 / 6 mos ending 6/30/2021

EPS calculations are based on Wtd. Avg. Shares for the period measured

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AVANGRID Inc. published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 21:17:06 UTC.