Iberdrola has obtained the Environmental Impact Statement (EIS) for the construction of a new 375 MW photovoltaic project in the town of Cedillo in Cáceres. This new plant will have sufficient capacity to supply 178,000 homes with clean energy, more than the population of a city like Badajoz, and will prevent the emission of 77,000 … Continue reading Iberdrola obtains environmental impact statement for new 375 MW photovoltaic plant in Spain
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Iberdrola sells 49% of Wikinger wind farm to EIP for 700 million to boost offshore wind portfolio
The group maintains 51% majority stake in its first operational offshore wind farm in Germany. Iberdrola has signed an agreement with Energy Infrastructure Partners (EIP) for the sale of a 49% stake in Wikinger offshore wind farm in Germany. The transaction is valued at around €700 million, and Iberdrola will maintain a majority stake of … Continue reading Iberdrola sells 49% of Wikinger wind farm to EIP for 700 million to boost offshore wind portfolio
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Galán details to the Prime Minister of Australia the EUR 3 B investment in the country
The company currently has a portfolio of more than 2,000 MW in the region and plans to reach 4,000 MW in the coming years. At the meeting, which took place in a climate of trust, Iberdrola’s plans to supply the country with more renewable energy and invest in smart grids were presented. Iberdrola’s Chairman, … Continue reading Galán details to the Prime Minister of Australia the EUR 3 B investment in the country
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Iberdrola invests 3,000 million euros in Australia to lead the energy transition
The Chairman of Iberdrola has held a meeting with the Premier of the State of Victoria, Daniel Andrews, and the Minister for Energy, Environment, Climate Action and Solar Homes, Lilly D’Ambrosio. The company currently has a portfolio of more than 2,000 MW in the region and expects to reach 4,000 MW in the coming years. … Continue reading Iberdrola invests 3,000 million euros in Australia to lead the energy transition
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Iberdrola will exceed 6,500 MW of wind power in Spain
More than 60 percent of Iberdrola’s new wind capacity will be located in Castilla y León.Iberdrola will exceed 6,500 megawatts (MW) of wind power installed in Spain in the coming months with the entry into operation of the five new wind farm projects that it is currently developing, as reported by the company itself. These … Continue reading Iberdrola will exceed 6,500 MW of wind power in Spain
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Iberdrola to commission 1,400 new MW of solar power in Spain
The company is currently executing 12 new PV projects totalling 550 MW and plans to start construction of another 873 MW this year. New developments have enabled Iberdrola to increase its installed photovoltaic capacity by 55% in the first half of the year. Iberdrola is consolidating its position as the leading promoter of photovoltaic solar … Continue reading Iberdrola to commission 1,400 new MW of solar power in Spain
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Iberdrola United States once again included in the FTSE4Good sustainability index
Avangrid, Iberdrola’s US subsidiary listed on the New York Stock Exchange, stands out among its peers for its ESG policies. The market once again recognises the strong environmental, social and corporate governance (ESG) criteria of Avangrid, Iberdrola‘s US subsidiary. This is the fifth year that the NYSE-listed company has been selected for the FTSE4Good index. … Continue reading Iberdrola United States once again included in the FTSE4Good sustainability index
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The technology fund Andromeda closes its first investment
Andromeda, Spain’s first major technology fund to accelerate the energy transition and sustainability, launched last May by Iberdrola, the ICO Next Tech Fund, Nortia Capital and Seaya, has already begun to seed. It has entered the capital of the construction company 011h, focused on the transition to a sustainable world thanks to the design and … Continue reading The technology fund Andromeda closes its first investment
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Iberdrola aims to design offshore wind farms that protect the environment
Offshore wind energy projects will be key to the growth of the electric utility, which has around 1,300 MW in operation and a further 5,500 MW under construction or secured. Iberdrola’s offshore wind farms will respect nature to the fullest extent possible and contribute to improving the diversity of life in the oceans. This is … Continue reading Iberdrola aims to design offshore wind farms that protect the environment
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Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal
Located in the Setúbal district and with an installed capacity of 27.35 MW, the photovoltaic plant is one of the seven projects awarded to the company in the 2019 auction. Algeruz II will produce enough clean energy to supply more than 11,000 households and avoid the emission of 13,400 tonnes of CO2 per year. Iberdrola … Continue reading Iberdrola commissions Algeruz II, its first photovoltaic plant in Portugal
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Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
IBM Technology, IBM Consulting, Schaffner, Automa, NTT Data, Turning Tables, INESC TEC and the universities of Murcia and Comillas join the Global Smart Grids Innovation Hub that Iberdrola inaugurated 10 months ago at its Larraskitu centre. Iberdrola invested more than €337 million in R&D&I in 2021, 15% more than the previous year, and part of … Continue reading Iberdrola’s Hub in Bilbao consolidates with 75 companies and collaborating entities
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Iberdrola starts construction of the 1,400 MW East Anglia Three offshore wind farm in the UK
The wind power plant will be part of a 3,300 MW macro-complex, called the East Anglia Hub, which will involve an investment of €7.7 billion. Iberdrola has begun construction in the UK of the East Anglia Three offshore wind farm, which will have a capacity of 1,400 megawatts (MW), enough to supply 1.3 million homes … Continue reading Iberdrola starts construction of the 1,400 MW East Anglia Three offshore wind farm in the UK
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Green hydrogen plant to decarbonize UK’s largest freight port
The company will invest some 170 million euros in this facility, which will supply clean hydrogen to vehicles and machinery at the port of Felixtowe (England). The plant, which will be operational in 2026, will produce 14,000 tonnes of renewable H2 per year in the first phase and may double its capacity in the future. … Continue reading Green hydrogen plant to decarbonize UK’s largest freight port
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Iberdrola teams up with Minsait to detect fires in the vicinity of power lines
Iberdrola, through i-DE’s Global Smart Grids Innovation Hub (GSGIH), and Minsait are joining forces to fight fires. The Indra subsidiary is developing a solution that will enable the early detection of fires in the vicinity of power lines and alert i-DE’s Distribution Operation Centres, which will send the alarm to the Fire Brigade. To do … Continue reading Iberdrola teams up with Minsait to detect fires in the vicinity of power lines
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Iberdrola will take control of the operation of Vineyard Wind I
The company will take over the asset management and maintenance of the 800 MW facility following the agreement reached with Copenhagen Infrastructure Partners. • The facility will begin supplying clean energy to more than 400,000 Massachusetts homes and businesses by 2023. Iberdrola has reached an agreement to take over management of the assets and operation … Continue reading Iberdrola will take control of the operation of Vineyard Wind I
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Iberdrola to expand its renewable capacity in Poland with 98 MW of wind and solar projects
When the new facilities, already under construction, come on stream in 2023, the company will have 261 MW of installed capacity in Poland, a market that has become one of the Iberdrola group’s growth platforms. Iberdrola has closed a preliminary agreement for the acquisition of 98 megawatts (MW) of wind and solar projects in Poland … Continue reading Iberdrola to expand its renewable capacity in Poland with 98 MW of wind and solar projects
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Iberdrola and BP to collaborate to accelerate EV charging infrastructure and green hydrogen production
Iberdrola and bp enter into a strategic collaboration agreement to contribute to the decarbonisation of transport and industrial sectors Plan to jointly invest up to €1bn into deploying up to 11,000 fast charge points across Spain and Portugal, rapidly growing charging infrastructure to support EV growth. Plan to jointly develop, in Spain, Portugal and the … Continue reading Iberdrola and BP to collaborate to accelerate EV charging infrastructure and green hydrogen production
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Iberdrola’s net profit reached €2.07 Bn thanks to the international business
Investment effort. The company invested more than €4.74 billion in the first half of the year, up by 5%, bringing total investment to more than €10.2 billion over the past 12 months, 90% of which is focused on networks and renewables. Drop in profit in Spain. Net profit in Spain fell by 26%, including the … Continue reading Iberdrola’s net profit reached €2.07 Bn thanks to the international business
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Biden visits Iberdrola’s offshore wind farm in the USA
The three wind power plants promoted by the group in the country are under construction or at an advanced stage of development and represent an investment of $10 billion.The facilities will have a capacity of 2,800 MW and will create 11,000 jobs. The President of the United States, Joe Biden, today visited one of the … Continue reading Biden visits Iberdrola’s offshore wind farm in the USA
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Mario Ruiz-Tagle, new CEO of Iberdrola Spain
Iberdrola España has appointed Mario Ruiz-Tagle as its new CEO. Born in Santiago (Chile), he was until now CEO of Neoenergia, Iberdrola’s Brazilian subsidiary chaired by Ignacio Galán. Ruiz-Tagle, who has been linked to the energy sector since 1996, began his career at Iberdrola two decades ago as director of Institutional Relations of the Brazilian … Continue reading Mario Ruiz-Tagle, new CEO of Iberdrola Spain
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