AGREEMENT AND PLAN OF MERGER BY AND AMONG AVANGRID, INC., IBERDROLA, S.A. AND ARIZONA MERGER SUB, INC. DATED AS OF MAY 17, 2024Agreement and Plan of Merger • May 17th, 2024 • Avangrid, Inc. • Electric services • New York
This AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of May 17, 2024, is entered into by and among Avangrid, Inc., a New York corporation (the “Company”), Iberdrola, S.A., a corporation organized under the laws of Spain (“Parent”), and Arizona Merger Sub, Inc., a New York corporation and a wholly-owned subsidiary of Parent (“Merger Sub”). All capitalized term used in this Agreement shall have the meaning ascribed to them in Annex A hereto.
