American Municipal Power, Inc.: Avangrid Signs Deal with American Municipal Power to Provide Energy to Ohio Homes and Businesses from Blue Creek Project

Avangrid, Inc. announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power Inc. (AMP) for a portion of the energy produced from Avangrid's Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable energy for the region and economically support rural Ohio communities with jobs, lease payments and tax revenue. AMP is the nonprofit wholesale power supplier and services provider for 130-plus members in nine states. AMP members receive their power supply from a diversified resource mix that includes wholesale power purchases through AMP and energy produced at AMP and member-owned generating facilities. Combined, AMP's members serve approximately 650,000 customers. Avangrid works closely with utilities and municipalities across the Midwest to deliver domestically produced power to the people and families who need it. Combined, Avangrid partners with 15 Midwest utilities and municipalities supplying 1.3 GW of contracted electricity from 17 Midwest energy projects. That is enough electricity to power about 330,000 homes. These partnerships not only secure reliable energy for customers, but support over 100 local jobs for the technicians who keep these projects running year-round. Blue Creek is a 304 Megawatt (MW) wind power project located in Van Wert and Paulding Counties in Northwest Ohio. The project created over 500 construction jobs and reached commercial operation in 2012. Most of the equipment was manufactured and assembled in Wisconsin, Texas, Illinois, Pennsylvania, and North Dakota. Blue Creek generates enough energy each year to power the equivalent of about 76,000 homes. Blue Creek has been an important economic resource in the region for over a decade. The project currently supports 18 full-time jobs for ongoing operations and maintenance, and it pays about $3 million per year in annual lease payments to local landowners. Since the project was built, Blue Creek has paid over $30 million in property taxes, which support a variety of public services in the community. The project was recently featured as a part of Avangrid's EMPOWERED video series, which showcased how Blue Creek has helped local landowners and supported the Van Wert community rebuild an historic opera house. Blue Creek is currently Avangrid's sole energy generation facility in Ohio; however, the Company continues construction on the Powell Creek solar farm about 30 miles to the east. Avangrid has over 75 projects and over 9 Gigawatts (GW) of installed capacity across 22 states. Avangrid, Inc. announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power Inc. (AMP) for a portion of the energy produced from Avangrid's Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable energy for the region and economically support rural Ohio communities with jobs, lease payments and tax revenue. AMP is the nonprofit wholesale power supplier and services provider for 130-plus members in nine states. AMP members receive their power supply from a diversified resource mix that includes wholesale power purchases through AMP and energy produced at AMP and member-owned generating facilities. Combined, AMP's members serve approximately 650,000 customers. Avangrid works closely with utilities and municipalities across the Midwest to deliver domestically produced power to the people and families who need it. Combined, Avangrid partners with 15 Midwest utilities and municipalities supplying 1.3 GW of contracted electricity from 17 Midwest energy projects. That is enough electricity to power about 330,000 homes. These partnerships not only secure reliable energy for customers, but support over 100 local jobs for the technicians who keep these projects running year-round. Blue Creek is a 304 Megawatt (MW) wind power project located in Van Wert and Paulding Counties in Northwest Ohio. The project created over 500 construction jobs and reached commercial operation in 2012. Most of the equipment was manufactured and assembled in Wisconsin, Texas, Illinois, Pennsylvania, and North Dakota. Blue Creek generates enough energy each year to power the equivalent of about 76,000 homes. Blue Creek has been an important economic resource in the region for over a decade. The project currently supports 18 full-time jobs for ongoing operations and maintenance, and it pays about $3 million per year in annual lease payments to local landowners. Since the project was built, Blue Creek has paid over $30 million in property taxes, which support a variety of public services in the community. The project was recently featured as a part of Avangrid's EMPOWERED video series, which showcased how Blue Creek has helped local landowners and supported the Van Wert community rebuild an historic opera house. Blue Creek is currently Avangrid's sole energy generation facility in Ohio; however, the Company continues construction on the Powell Creek solar farm about 30 miles to the east. Avangrid has over 75 projects and over 9 Gigawatts (GW) of installed capacity across 22 states.