AVANGRID AND NECEC TAKE ACTION TO PROTECT HISTORIC CLEAN ENERGY PROJECT

Company files suit challenging constitutionality of Question 1

FOR IMMEDIATE RELEASE                                                           

ORANGE, Conn., — November 3, 2021 — Today, NECEC Transmission LLC and  Avangrid Networks, Inc., subsidiaries of AVANGRID, Inc. [NYSE: AGR] filed a  lawsuit in Maine Superior Court challenging the citizens’ initiative (Question 1)  voted on yesterday. 

“We thank our supporters and the 160,000 Mainers who voted in support of the  NECEC project,” said Thorn Dickinson, President and CEO of NECEC  Transmission LLC. “And to those who voted yes on Question 1, we will work to  earn your support and demonstrate the tremendous benefits this project will  bring to the state and the region.” 

Question 1 proposes to retroactively change Maine law to block the New  England Clean Energy Connect (NECEC) transmission project, New England’s  largest clean energy project that would bring hydropower from Quebec to the New England region. The initiative is unconstitutional and violates both state  and federal law.

“We have followed the rules every step of the way in a transparent and public  process and have received every regulatory approval required for this project to  proceed, however, fossil fuel companies have done everything they can,  including misleading Mainers, to try and block this clean energy project,” said Dickinson. “This referendum was an act of bad faith by self-interested  proponents and was targeted at stopping a single project.” 

The lawsuit filed today outlines how Question 1 violates a number of legal  principles including vested property rights, separation of powers, and the  contracts clauses of the Maine and U.S. Constitutions. 

  • Vested Rights - A legal principle embodied in Maine Law, vested rights,  protects a property owner who has invested in a project after following the  law in place at the time. Under the vested rights principle, if a property owner  followed the rules in getting all necessary permits and starts construction of  a project, the rules cannot be changed retroactively to block the project.  NECEC began construction on the transmission project only after receiving  full regulatory approvals. Going back now and retroactively changing the  rules to stop the project is a clear violation of the company’s vested rights. 

  • Separation of Powers - Question 1 also violates the separation of powers  principles enshrined in the Maine Constitution by attempting to reverse  decisions of both Maine’s executive and judicial branches through a  legislative action. This is the same principle the Maine Supreme Judicial  Court invoked in 2020 when it threw out the first citizens’ initiative put  forward by opponents of the project. A citizens’ initiative is considered an act  of the legislative branch under the Maine Constitution.  

  • Contracts Clause - By attempting to cancel a 25-year lease between  NECEC and the State of Maine, the initiative violates the Contracts Clauses  of both the Maine and United States Constitutions – provisions intended to  protect the sanctity of contracts from intrusion by the government.  

“Question 1 violates fundamental legal principles, but you don’t have to be a  lawyer to see that it’s also fundamentally unfair,” Dickinson said. “This  referendum effectively tears up valid contracts, ignores the judicial and 

executive branches and goes back in time to retroactively change the rules to  stop a project just because it threatens the financial interests of fossil fuel  generators.” 

Because Question 1 violates vested rights as well as these basic constitutional  protections provided by the Maine and United States Constitutions, the initiative  cannot lawfully be applied retroactively to the NECEC. In the lawsuit filed today,  NECEC seeks a declaratory judgment from the Superior Court that the initiative  is unlawful and cannot be enforced against the project. 

NECEC also asks the Superior Court for an immediate injunction preventing  retroactive enforcement of the initiative against the project, so that ongoing time sensitive and essential construction is not disrupted while this lawsuit proceeds  before the courts. NECEC expects the Superior Court to rule on the injunction  request promptly. 

Opponents of the NECEC project include fossil fuel energy generation owners  NextEra, Calpine and Vistra Energy, which combined have contributed over $24  million to block the project over the last two years according to publicly filed  documents, including fully funding the referendum signature campaign. Opponents of the NECEC have filed more than a dozen legal challenges but have been unsuccessful in their attempts to block construction, including a  unanimous decision by the Maine Supreme Judicial Court upholding  authorization for the project. 

Construction began on the NECEC in early 2021 and to date, approximately 124 miles of the transmission corridor have been cleared and over 120 structures  have been installed. The project has been reviewed by state and federal  regulators and permitting agencies and has received every regulatory approval  required at the state and federal levels, including from the Maine Public Utilities  Commission (MPUC), the Maine Department of Environmental Protection  (MDEP), the Maine Land Use Planning Commission (LUPC), the U.S. Army  Corps of Engineers and the U.S. Department of Energy. In addition, the project 

has already received municipal approvals from 20 out of the 24 Maine  municipalities that require permits for the project  

Editor’s Note: The legal filing can be found here. 

# # # 

ABOUT THE NECEC PROJECT 

The New England Clean Energy Connect (NECEC) is a $950 million investment that will deliver  1,200 megawatts of renewable hydropower to the New England energy grid in Lewiston, Maine.  All the costs will be paid for by Massachusetts electric customers. Once built, the NECEC will be  New England’s largest source of renewable energy, representing a fundamental shift away from  fossil fuels, while simultaneously lowering energy costs in Maine and New England. 

The 145-mile transmission line is being built on land owned or controlled by an affiliate company  of the NECEC. The 53 miles of new corridor on working forest land uses a new clearing  technique of tapered vegetation; the remaining two-thirds of the project follows existing power  lines created for the state’s hydroelectric industry almost a century ago. Construction is  scheduled to be completed by the Spring of 2023. 

The project will create an average of more than 1,600 good-paying jobs annually during the two and-a-half-year construction period, provide $200 million in upgrades to Maine’s energy grid,  making Maine’s electricity service more reliable. The NECEC will allow more producers of  renewable energy in Maine to get their energy on the grid, and because the corridor project will  use clean hydropower, it will reduce the use of fossil fuels, cutting three million metric tons of  dirty emissions each year. 

The NECEC will also deliver significant economic benefits to Maine, including lower electricity  prices, increased local real estate taxes, and reduced energy costs, as well as benefits like  expanded fiber optic cable for broadband service in Somerset and Franklin counties, and  economic development funding for Western Maine. 

For more information about the New England Clean Energy Connect, please visit our website at  www.necleanenergyconnect.org. 

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the  United States. Headquartered in Orange, CT with approximately $39 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 and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New  York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation  facilities across the United States. AVANGRID employs approximately 7,000 people and has been recognized by  Forbes and Just Capital as one of the 2021 JUST 100 companies – a list of America’s best corporate citizens – and  was ranked number one within the utility sector for its commitment to the environment and the communities it serves.  The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical  Companies in 2021 for the third consecutive year by the Ethisphere Institute. For more information, visit  www.avangrid.com.

MEDIA CONTACT:
Zsoka McDonald
Zsoka.mcdonald@avangrid.com
203-997-6892

INVESTOR CONTACT:
Patricia Cosgel
Patricia.cosgel@avangrid.com
203-499-2624