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
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Iberdrola 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
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Iberdrola 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
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Masdar 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
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Ignacio 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
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Iberdrola 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
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EnergyLOOP 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
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Iberdrola 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
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Iberdrola 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
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Iberdrola 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
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Iberdrola 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
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Iberdrola 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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Iberdrola invests in Kyoto to accelerate the decarbonization of the industry
Iberdrola joins the Kyoto Group as a strategic investor and business partner in an alliance to accelerate the decarbonisation of heat in industrial processes with Heatcube, Kyoto’s thermal energy storage solution. The energy company will invest €3 million through its start-up programme, PERSEO, which will allow it to control 12.8% of the capital and have … Continue reading Iberdrola invests in Kyoto to accelerate the decarbonization of the industry
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Iberdrola will supply offshore wind energy to the German steel company SHS
Iberdrola Deutschland and SHS -Stahl Holding Saar GmbH & Co. KGaA have concluded a long-term power supply agreement (PPA). The cooperation between the two companies is set for 15 years and covers an annual consumption of 200 GWh. The deal’s green energy production is equivalent to some 50 MW offshore wind capacity, to be supplied … Continue reading Iberdrola will supply offshore wind energy to the German steel company SHS
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Iberdrola signs a binding agreement to sell 55% of the business in Mexico for 6,000 million dollars
Iberdrola Mexico and Mexico Infrastructure Partners (MIP) signed a binding agreement whereby the trust led and managed by MIP acquires 55% of Iberdrola’s gross operating profit (EBITDA) in the country, including the associated contracts and more than 410 related jobs. Iberdrola will keep 13 plants, all its activity with private customers and its portfolio of … Continue reading Iberdrola signs a binding agreement to sell 55% of the business in Mexico for 6,000 million dollars
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Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
The European Investment Bank (EIB) and Iberdrola have signed a new financing agreement worth €1 billion to fast forward the energy transition in Europe by building an extensive network of 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany. With a total installed capacity of 2.2 GW, the projects envisage … Continue reading Iberdrola signs a €1,000 million loan with the EIB to accelerate the energy transition in Europe
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Iberdrola announces an investment of 4,000 million euros in R+D+i until 2030
Iberdrola today held the ninth edition of its Digital Summit with more than 1,500 employees attending the event, held at the company’s campus in San Agustín del Guadalix (Madrid). The company’s commitment to digitalization is reflected in its commitment to double its investment in Innovation, Development and Research (R&D&I) over the last 10 years, with … Continue reading Iberdrola announces an investment of 4,000 million euros in R+D+i until 2030
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Iberdrola entrusts Ingeteam with the inspection of the wind turbine blades of the German Wikinger offshore wind farm
Ingeteam will be in charge of inspecting blades at the German Wikinger offshore park. For the company it means a new contract with Iberdrola in the same facility, since it was also in charge of its commissioning in 2018 and carried out the corresponding quality inspections in 2021. This offshore park, located next to the … Continue reading Iberdrola entrusts Ingeteam with the inspection of the wind turbine blades of the German Wikinger offshore wind farm
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Iberdrola agrees with Norges Bank Investment Management for 1,265 renewable MW in Spain and we are negotiating more than 500 additional MW
Iberdrola has finalised the details of its strategic alliance with the sovereign fund of Norway, managed by Norges Bank Investment Management, to co-invest in 1,265 MW of new renewable capacity in Spain (20% wind and 80% Solar PV). Both companies have today informed the National Securities Market Commission (CNMV) that they have obtained all the legal … Continue reading Iberdrola agrees with Norges Bank Investment Management for 1,265 renewable MW in Spain and we are negotiating more than 500 additional MW
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Iberdrola receives the first shipment of components for the Vineyard Wind wind turbines
Iberdrola is making progress in the construction of Vineyard Wind I, the largest commercial-scale offshore wind farm in the United States. The company has received the first shipment of components for the 62 wind turbines that will make up the farm at the port of New Bedford. Specifically, these are the tower sections, manufactured in … Continue reading Iberdrola receives the first shipment of components for the Vineyard Wind wind turbines
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