Avangrid(AGR) - 2016 Q1 - Earnings Call Presentation

Financial Performance - Net income and EPS grew by 24% to $212 million and $0.69, respectively[11] - Adjusted EBITDA grew by 8% to $575 million[12] - The company's 2016 EPS outlook increased to $2.10 - $2.20[12] - Renewables Net Income increased 63.9%[47] - Networks Net Income increased 7.3%[47] Business Operations - Higher wind production increased by 13%[12, 52, 57] - Extension of renewable assets useful lives also contributed to earnings[12, 15, 52] - 70% of investment is in regulated activities[27, 28] - Networks contributed the largest portion of net income, representing 78%[48] Projects and Investments - $9.6 billion is planned for investment from 2016-2020, with 70% allocated to Networks and 29% to Renewables[28] - 744 MW of renewable energy projects are under construction[32]