September 17, 2019 — Avangrid Renewables agrees to sell 50% interest in two operating wind and solar projects in Arizona to Axium Infrastructure

PORTLAND, Oregon — Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc. (NYSE: AGR), reached agreement on September 13th with Axium Infrastructure to transfer 50% ownership of the Dry Lake II Wind Farm and 50% of the Copper Crossing Solar Project later this year. Avangrid Renewables developed, and currently owns and operates the two Arizona projects, with the long-term output of both projects under contract to Salt River Project (SRP).

July 3, 2019 – Joint Venture of Revera Inc. and Axium Infrastructure expands with acquisition of Arbour Heights Long Term Care home in Kingston, Ontario

Toronto (July 3, 2019) – Revera Inc. (“Revera”) and Axium Infrastructure (“Axium”) are pleased to announce the close of the partners’ joint venture acquisition of Arbour Heights, a 174-bed, A-class Long Term Care Home in Kingston, Ontario. This is the first external acquisition for the joint venture, which already co-owns 35 of Revera’s long term care homes in Ontario, British Columbia, Alberta and Manitoba.

March 14, 2019 – Axium Infrastructure acquires option to invest in a FERC-regulated California transmission line

New York, NY – Axium Infrastructure is pleased to announce the purchase of an option to acquire upon completion a 30-year leasehold interest in 24.5% of the transfer capacity of the West of Devers transmission upgrade project. The option was acquired from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and its partners Jim Kelly and Tom Tureen, who originated the transaction.

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