Avangrid(AGR) - 2024 Q1 - Quarterly Results

Exhibit 99.1 OR IMMEDIATE RELEASE Contacts: Analysts: Charlotte Ancel, Charlotte.Ancel@Avangrid.com, 203-997-7366 Media: Leo Rosales, Leo.Rosales@Avangrid.com, 518-419-2401 AVANGRID REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS • Delivered earnings of $0.91 per share and adjusted earnings of $0.88 per share, +43% & +38% year-over-year, respectively • Executing on multi-year rate plans in New York and Maine • Submitted multiple proposals into the recent tri-state offshore wind solicitation • Executed 251 MW o ...