SC 13G/A

SC 13G/A 1 d465231dsc13ga.htm SC 13G/A SC 13G/A

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
the

disposition

of:

Shared

power to

dispose or

to direct

the

disposition

of:

Iberdrola, S.A.

315,659,357

81.5

315,659,357

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

SEC Form SC 13G/A filed by Avangrid Inc. (Amendment)