Tender Offer for Preferred Stock of Central Maine Power Company

       Tender Offer for Preferred Stock of Central Maine Power Company

PR Newswire

NEW GLOUCESTER, Maine, Nov. 16, 2012

NEW GLOUCESTER, Maine, Nov. 16, 2012 /PRNewswire/ -- CMP Group, Inc. ("CMP
Group"), the owner of all of the outstanding common stock of Central Maine
Power Company ("CMP" or the "Company") and a wholly-owned subsidiary of
Iberdrola USA, Inc. ("Iberdrola USA"), today announced the preliminary results
of its tender offer for the CMP Preferred Stock listed below that expired at 5
p.m. New York City time on November 15, 2012.

                             Number of Shares
Series             CUSIP No.
                             Tendered
6% Preferred Stock 154051403 426

Holders of shares validly tendered prior to the Expiration Date will receive
$110.00 (One Hundred Ten Dollars) per share plus an amount equal to any
accrued but unpaid dividends, up to but not including the settlement date.

About CMP Group: CMP Group, Inc. is a wholly-owned subsidiary of Iberdrola
USA, Inc., and the owner of all of the outstanding common stock of Central
Maine Power Company.

About Iberdrola USA: Iberdrola USA, a subsidiary of global energy leader
Iberdrola, S.A., is an energy services and delivery company serving about 2.7
million customers throughout upstate New York and New England. For more
information about Iberdrola USA, visit www.iberdrolausa.com.

SOURCE CMP Group, Inc.

Contact: Clayton Ellis, +1-607-762-7336