In connection with the termination of the merger agreement, the commitment letter, pursuant to which Iberdrola agreed to provide or arrange for funds to the extent necessary for Avangrid to consummate the merger, terminated automatically by its terms. Avangrid intends to continue to focus on its robust growth opportunities, with over $9 billion in incremental capital projects organically secured during the pendency of the merger. We will focus on delivering over $5 billion in capital projects under our New York and Maine multi-year rate plans plus an incremental $2 billion in capital projects related to clean energy transmission in New York (CLCPA II), repowering over $5 billion of renewable assets under the benefits of the Inflation Reduction Act, and developing new renewable energy projects, including powering Vineyard Wind, the first large scale offshore wind project in the nation, which will further cement Avangrid as a national leader in clean energy.