Consolidated Edison, Inc. Public Offering of 10,200,000 Shares of Common Shares and $500 Million Aggregate Principal Amount of Debentures

Hunton & Williams LLP (H&W) advised the underwriters in connection with an SEC-registered offering of 10,200,000 shares of common shares of Consolidated Edison, Inc. (Con Edison), which included the underwriters’ full exercise of their option to purchase an additional 1,320,000 common shares from Con Edison. In addition, H&W advised the underwriters in connection with an SEC-registered offering by Con Edison of $500 million aggregate principal amount of debentures due 2021. Con Edison expects to use the net proceeds that it receives from both offerings for general corporate purposes, including repayment of outstanding short-term debt, and to subsequently fund the purchase of an equity interest in a gas pipeline and storage joint venture.

Con Edison is a holding company that operates only through its subsidiaries. Its principal business operations are those of its regulated utility companies, Consolidated Edison Company of New York, Inc. and Orange and Rockland Utilities, Inc., and its competitive energy businesses. In addition, through its wholly owned subsidiary, Con Edison Transmission, Inc., Con Edison invests in electric and gas transmission projects.

The Hunton & Williams LLP team included Mike Fitzpatrick, Christina Kwon and Patrick Jamieson. Cary Tolley and Emily Winbigler provided tax advice.