NT 10-K 1 d280436dnt10k.htm NT 10-K NT 10-K

SEC FILE NUMBER

001-37660

CUSIP NUMBER

05351W 103

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 12b-25

 

 

NOTIFICATION OF LATE FILING

 

(Check one):      

☒  Form 10-K     ☐  Form 20-F     ☐  Form 11-K     ☐  Form 10-Q  

☐  Form 10-D     ☐  Form N-SAR     ☐  Form N-CSR

  For Period Ended:     December 31, 2016
  ☐  Transition Report on Form 10-K
  ☐  Transition Report on Form 20-F
  ☐  Transition Report on Form 11-K
  ☐  Transition Report on Form 10-Q
  ☐  Transition Report on Form N-SAR
  For the Transition Period Ended:                                                                                                                          

 

Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.

 

If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:

 

 

PART I — REGISTRANT INFORMATION

 

Avangrid, Inc.
Full Name of Registrant
N/A
Former Name if Applicable
157 Church Street
Address of Principal Executive Office (Street and Number)
New Haven, Connecticut 06506
City, State and Zip Code


 

PART II — RULES 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)

 

    

(a)    The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

  

☒   

  

(b)    The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and

 

  
    

(c)    The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.

  

 

 

PART III — NARRATIVE

State below in reasonable detail why forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR or the transition report or portion thereof, could not be filed within the prescribed time period.

Avangrid, Inc. (the “Registrant”) was unable to timely file with the Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2016. The Registrant’s registered public accounting firm requires additional time to complete its audit of the financial statements and internal control over financial reporting due to a combination of factors relating to the exchange of relevant income tax documentation between the Registrant and its registered public accounting firm. As a result, the Registrant is unable to file its Form 10-K for the year ended December 31, 2016 by the prescribed due date without unreasonable effort or expense. The Registrant anticipates that the Form 10-K for the year ended December 31, 2016 will be filed as soon as practicable and prior to the fifteenth calendar day following the prescribed due date.

The Registrant’s registered public accounting firm furnished a statement, as required by Rule 12b-25(c). A copy of the letter, dated March 2, 2017, is attached as Exhibit 99.1 to this Form 12b-25.

 

 

PART IV — OTHER INFORMATION

 

(1) Name and telephone number of person to contact in regard to this notification

 

R. Scott Mahoney        (207)       688-6363
(Name)        (Area Code)       (Telephone Number)

 

(2) Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).    Yes  ☒     No  ☐

 

(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?    Yes  ☐    No  ☒

 

     If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.

 

 

 


Avangrid, Inc.
(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: March 2, 2017     By:  

/s/ Richard J. Nicholas

 
    Name:   Richard J. Nicholas  
    Title:   Senior Vice President – Chief Financial Officer