Windar Renovables has signed an agreement with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. This is the sixth project of this type of foundation to date. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the … Continue reading Iberdrola encarga a Windar Renovables las piezas de transición del parque eólico marino Windanker
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Iberdrola repowers ScottishPower’s first wind farm
After almost 30 years of service, Scotland’s first commercial windfarm has been powered down in preparation of the site being supercharged to help meet the UK’s Net Zero targets. Operational since 1995, ScottishPower Renewables’ Hagshaw Hill windfarm in South Lanarkshire was at the forefront of wind energy production in Scotland, generating more than 895MWh over … Continue reading Iberdrola repowers ScottishPower’s first wind farm
Continue readingFilling of the Alto Tâmega reservoir to begin
The construction of the Alto Tâmega Hydroelectric Power Plant continues to progress at a good pace. The civil works are practically finished and the electromechanical assemblies will be completed by the end of 2023, when commissioning will begin. Alto Tâmega, with 160 MW, is the last of the three developments that make up the Tâmega … Continue reading Filling of the Alto Tâmega reservoir to begin
Continue readingNeoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG
Iberdrola, through its Brazilian subsidiary Neoenergia, and Mitsubishi UFJ Financial Group (MUFG) have signed a 150 million Brazilian real (around €28 million) financing agreement to upgrade the distribution network in Neoenergia Brasilia’s concession area, which serves around 1.1 million customers in the Federal District. This is the first bilateral green loan between the two organisations … Continue reading Neoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG
Continue readingIberdrola finished its first substation for offshore wind power in the United States
Avangrid (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has unveiled the country’s first offshore wind substation at its Vineyard Wind 1 project, the first large-scale offshore wind farm in the U.S. The company was joined by key stakeholders to offer an exclusive first look at the new substation and … Continue reading Iberdrola finished its first substation for offshore wind power in the United States
Continue readingVineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October
The Vineyard Wind 1 project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is set to begin generating clean wind power by mid-October. The first-of-its-kind offshore wind project in the United States is expected to be fully operational by next year. Originally, project officials projected that the project would start generating cleaner energy by … Continue reading Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October
Continue readingIberdrola And Vestas Join Forces In The Energy Transition
A future world in which nine billion people live well, within planetary boundaries, requires a set of systemic changes in production, distribution, and consumption. Only then can the current system move from fossil fuels into an electricity model based on renewable energies. “Such a systemic change does not happen without serious investments and long-term partnerships,” … Continue reading Iberdrola And Vestas Join Forces In The Energy Transition
Continue readingIberdrola buys two onshore wind farms from Greenvolt Power in Poland
Iberdrola has moved forward with its international expansion by completing the purchase of two onshore wind farms in Poland, owned by Greenvolt Power, a subsidiary of Greenvolt Group. The projects are anticipated to come into operation in the second half of the year, with a combined capacity 50-megawatts (MW), producing enough electricity to power 50,000 … Continue reading Iberdrola buys two onshore wind farms from Greenvolt Power in Poland
Continue readingMasdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
The Baltic Eagle offshore wind farm, which has a capacity of 476 MW, is valued at €1.6 billion according to the terms of the deal · Iberdrola reaffirms its commitment to offshore wind leadership, with 3,000 MW of projects under construction or secured with zero seabed costs· Masdar strengthens existing global wind portfolio amid plans to … Continue reading Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Continue readingIberdrola invested 10,554 million in the last 12 months
Highlights Second increase in FY 2023 Outlook Financial strength Strategic Plan Execution Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola, said: “We continue accelerating in the execution of our Strategic Plan, with investments of more than 10.5 billion euros in the last 12 months, to achieve a Networks Asset Base of 40 billion … Continue reading Iberdrola invested 10,554 million in the last 12 months
Continue readingIberdrola signs with Citi and Eksfin a new green loan guaranteed for 500 million euros
Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency (Eksfin). The transaction represents the first Eksfin guaranteed financing to a Spanish energy company. The loan, with an average life of nine years, makes it possible to extend the … Continue reading Iberdrola signs with Citi and Eksfin a new green loan guaranteed for 500 million euros
Continue readingMasdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Masdar, the UAE’s flagship renewable energy company, has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe. … Continue reading Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany
Continue readingIgnacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
News Back 20/07/2023 Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting Ignacio Galán, Executive Chairman of Iberdrola, during the Avangrid 2023 Annual Shareholder Meeting. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that shareholders overwhelmingly approved all presented proposals at … Continue reading Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
Continue readingIberdrola reaches 41,246 MW of solar and wind power
Iberdrola has reinforced its commitment to the energy transition, with data published today by the National Securities Market Commission (CNMV). showing the company has increased its renewables installed capacity by 6.5% worldwide in the last 12 months, reaching a total of 41,246 MW. Thanks to the investments new renewables capacity and new installed capacity, in … Continue reading Iberdrola reaches 41,246 MW of solar and wind power
Continue readingEnergyLOOP and Surus join forces to tackle wind turbine blade recycling
ENERGYLOOP, a company owned by FCC Ámbito and Iberdrola for the recycling of wind farm components, has signed a collaboration agreement with SURUS, a leading Spanish company in adding value through the execution of projects related to sustainability and the circular economy, with the aim of providing a joint solution for the recycling of wind … Continue reading EnergyLOOP and Surus join forces to tackle wind turbine blade recycling
Continue readingIberdrola and AEDIVE promote the electrification of heavy goods transport
Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have signed an agreement to create an alliance for the electrification of heavy road transport in Spain. The initiative aims to accelerate the decarbonisation of heavy road transport and combat climate change. At the same time, it aims to improve fuel … Continue reading Iberdrola and AEDIVE promote the electrification of heavy goods transport
Continue readingIberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
The first green megawatt hours from offshore renewable energy in Brittany The first green megawatts produced from Iberdrola’s Saint-Brieuc offshore wind farm have been connected into the French national electricity grid by its manager, RTE. The project is Iberdrola’s first in France, and only the second offshore wind project to produce power in the country. … Continue reading Iberdrola connects the first wind turbines of the Saint-Brieuc offshore wind farm
Continue readingIberdrola invests in LatemAluminium to boost the green industry
Iberdrola and LatemAluminium announced that the energy company has become one of the main shareholders of the company, a national and international benchmark in the supply of recycled aluminium alloys. Iberdrola also becomes an energy partner of LatemAluminium with the aim of decarbonising all green aluminium production processes with renewable electricity and green hydrogen. With a … Continue reading Iberdrola invests in LatemAluminium to boost the green industry
Continue readingIberdrola improves the New York electricity grid so that it can consume offshore wind energy
Iberdrola will help deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The company will add approximately 90 miles (about 150 km) of new high-voltage transmission lines that will run the distance underground and underwater. The project will strengthen the backbone of Long Island’s electricity system and … Continue reading Iberdrola improves the New York electricity grid so that it can consume offshore wind energy
Continue readingIberdrola launches a “solar grazing” in Portugal with some 300 sheep
There are almost 300 sheep using Iberdrola’s photovoltaic parks in Portugal as grazing grounds. A clear example of circular economy, “solar grazing” benefits livestock farmers, who gain new spaces for their activity; it is positive for the solar farm, as it ensures the ecological maintenance of the land and reduces the risk of fires; and … Continue reading Iberdrola launches a “solar grazing” in Portugal with some 300 sheep
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