Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
Avangrid, Inc.
(Name of Issuer)
Common Stock, par value $0.01
(Title of Class of Securities)
05351W103
(CUSIP Number)
December 31, 2021
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☒ | Rule 13d-1(d) |
| * | The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. |
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 05351W103 | Schedule 13G | Page 1 of 4 |
| 1 | Names of Reporting Persons
Iberdrola, S.A. | |||||
| 2 | Check the Appropriate Box if a Member of a Group (a) ☐ (b) ☐
| |||||
| 3 | SEC Use Only
| |||||
| 4 | Citizenship or Place of Organization
Spain | |||||
| Number of Shares Beneficially Owned by Each Reporting Person With | 5 | Sole Voting Power
315,659,357 | ||||
| 6 | Shared Voting Power
0 | |||||
| 7 | Sole Dispositive Power
315,659,357 | |||||
| 8 | Shared Dispositive Power
0 | |||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
315,659,357 | |||||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable | |||||
| 11 | Percent of Class Represented by Amount in Row 9
81.5% | |||||
| 12 | Type of Reporting Person
CO | |||||
| CUSIP No. 05351W103 | Schedule 13G | Page 2 of 4 |
| ITEM 1. | (a) Name of Issuer: |
Avangrid, Inc. (the “Issuer”).
| (b) | Address of Issuer’s Principal Executive Offices: |
180 Marsh Hill Road, Orange, Connecticut 06477
| ITEM 2. | (a) Name of Person Filing: |
This statement is filed on behalf of Iberdrola, S.A. (the “Reporting Person”).
| (b) | Address or Principal Business Office: |
The business address of the Reporting Person is Plaza Euskadi, 5, Bilbao (Bizkaia), Spain 48009.
| (c) | Citizenship of each Reporting Person is: |
Iberdrola, S.A. is organized under the laws of Spain.
| (d) | Title of Class of Securities: |
Common Stock, par value $0.01 per share (“Common Stock”).
| (e) | CUSIP Number: |
05351W103
| ITEM 3. |
Not applicable.
| ITEM 4. | Ownership. |
(a-c)
The ownership information presented below represents beneficial ownership of Common Stock of the Issuer as of December 31, 2021, based upon 387,204,556 shares of Common Stock outstanding as of October 28, 2021, based on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 29, 2021.
| CUSIP No. 05351W103 | Schedule 13G | Page 3 of 4 |
| Reporting Person | Amount beneficially owned | Percent of class: | Sole power to vote or to direct the vote: | Shared power to vote or to direct the vote: | Sole power to dispose or to direct disposition of: | Shared power to dispose or to direct the disposition of: | ||||||||||||||||||
Iberdrola, S.A. | 315,659,357 | 81.5 | % | 315,659,357 | 0 | 315,659,357 | 0 | |||||||||||||||||
The Reporting Person is the beneficial owner of the shares of Common Stock reported herein.
| ITEM 5. | Ownership of Five Percent or Less of a Class. |
Not applicable.
| ITEM 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable.
| ITEM 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. |
Not applicable.
| ITEM 8. | Identification and Classification of Members of the Group. |
Not applicable.
| ITEM 9. | Notice of Dissolution of Group. |
Not applicable.
| ITEM 10. | Certification. |
Not applicable.
| CUSIP No. 05351W103 | Schedule 13G | Page 4 of 4 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: February 7, 2022
Iberdrola, S.A. | ||
By: | /s/ Juan Jose Zuniga Benavides | |
Name: | Juan Jose Zuniga Benavides | |
Title: | Head of Equity Markets | |
