News Releases

January 28, 2016

WAKEFIELD/WALTHAM, MA - New England's clean energy future received a big boost today as three experienced organizations filed a proposal to diversify the region's energy supply, adding clean energy and reducing greenhouse gas emissions. The proposal, dubbed 'The Wind and Hydro Response,' is designed to fit the request by Rhode Island, Connecticut, and Massachusetts for more clean energy to help fuel the region's future growth.

Invenergy, the largest independent owner and operator of renewables, is a US-based company with significant industry leading experience building wind energy facilities. The company will deliver its renewable energy to the ISO New England bulk transmission system through the Vermont Green Line. Hydro-Québec, North America's largest generator of hydropower, will supplement these deliveries to ensure that a firm block of clean, renewable energy is delivered around the clock.

The Vermont Green Line is being developed by Anbaric and National Grid, which joined forces in 2014 to develop transmission lines to bring renewable energy into New England. Their alliance created the Vermont Green Line, a proposed 60-mile, 400 megawatt electric transmission cable system designed to link Beekmantown, New York with New Haven, Vermont via a cable to be buried along public roadways and submerged beneath the waters of Lake Champlain.

Invenergy and its affiliated companies have developed more than 10,300 MW of projects that are in operation, in construction, or under contract, including wind, solar, and natural gas-fueled power generation projects and energy storage facilities both in the U.S. and abroad, and now proposes to build a new wind generation facility for this project- the Bull Run Energy Center. The company has developed and commissioned 64 wind farms across the United States and in Canada and Europe, totalling over 5,444 MW, and another 1,265 MW of wind projects is either under contract or under construction. This new wind project, located approximately 20 miles northwest of Plattsburgh, NY, could deliver up to 400 MW.

The wind energy would be supplemented with hydropower supplied over the existing transmission grid by Hydro-Québec. The company will supply 'The Wind and Hydro Response' up to 400 MW of new, verified hydropower generated by its Québec hydropower stations.

The Vermont Green Line will deliver enough clean electricity to power 400,000 homes and is expected to save New England energy customers $500 million, according to a study released last fall.

'Invenergy works to solve the energy challenges that face our communities and we are proud to work with Hydro-Québec, Anbaric and National Grid on this exciting opportunity in New England,' said Invenergy's Vice President of Development, Kevin Parzyck. 'Combining wind generation with firming hydro will positively transform energy supply in the region.'

'Our collaborative effort advances New England's transition to clean energy,' said Edward Krapels, CEO of Anbaric. 'We believe that our combined track record of success will prove to be a clear differentiator as we submit our response to the Clean Energy Request for Proposals from Connecticut, Massachusetts and Rhode Island,' Krapels added.

'This project offers a multitude of wins for the region, the states that issued the RFP and the project host states,' said Stan Blazewicz, Vice President of Business Development at National Grid. 'The region will benefit from the addition of a significant amount of new, clean energy; electricity customers will see lower prices, and the host communities will gain additional revenues and economic development opportunities.' He added, 'We look forward to delivering these benefits and helping New England transition to a clean, secure energy future.'

About Invenergy

Invenergy drives innovation in energy. Invenergy provides power generation and storage solutions at scale around the world to create a cleaner energy future. Invenergy and its affiliated companies develop, own, and operate large-scale renewable and other clean energy generation and storage facilities in the Americas and Europe. Invenergy's home office is located in Chicago and it has regional development offices in the United States, Canada, Mexico, Japan and Europe.

Invenergy and its affiliated companies have developed more than 10,300 MW of projects that are in operation, in construction, or under contract, including wind, solar, and natural gas-fueled power generation projects and energy storage facilities. For more information, please visit www.invenergyllc.com.

About Anbaric

Anbaric, headquartered in Wakefield, Massachusetts, has a track record of leadership in developing competitively selected High Voltage Direct Current (HVDC) transmission projects in New York. Anbaric's corporate mission is to develop innovative, large electric infrastructure projects. As a developer, Anbaric invests in projects that will have long life spans, the foremost being electric transmission assets. Anbaric is also developing a series of large microgrids, known too as distributed energy systems. For more information, please visit http://www.nationalgridus.com/http://www.anbaric.com. About'>www.anbaric.com.

About

National Grid

National Grid (LSE: NG; NYSE: NGG) is an electricity and natural gas delivery company that connects nearly 7 million customers to vital energy sources through its networks in New York, Massachusetts and Rhode Island. It is the largest distributor of natural gas in the Northeast. National Grid also operates the systems that deliver gas and electricity across Great Britain.

Through its U.S. Connect21 strategy, National Grid is transforming its electricity and natural gas networks to support the 21st century digital economy with smarter, cleaner, and more resilient energy solutions. Connect21 is vital to our communities' long-term economic and environmental health and aligns with regulatory initiatives in New York (REV: Reforming the Energy Vision) and Massachusetts (Grid Modernization).

For more information please visit our website, or our Connecting website, follow us on Twitter, watch us on YouTube, friend us on Facebook, find our photos on Instagram

National Grid plc issued this content on 28 January 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 January 2016 15:12:03 UTC

Original Document: http://www.nationalgridus.com/aboutus/a3-1_news2.asp?document=10113