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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Iberdrola awards Windar the transition parts of the East Anglia 3 offshore wind farm in the United Kingdom
Iberdrola has signed an agreement with Windar Renovables to build 95 transition pieces for the East Anglia Three offshore wind farm in UK waters. This is the largest order of this type of foundations to date and production will be carried out mainly at the Asturian company’s facilities located in Avilés, in addition to the … Continue reading Iberdrola awards Windar the transition parts of the East Anglia 3 offshore wind farm in the United Kingdom
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Avangrid strengthens support for energy innovation by extending collaboration with Yale
AVANGRID will support research projects focused on solar energy, battery storage, EVs, or other topics related to the clean energy transition. AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today announced a meaningful contribution to Yale University to support innovative research projects focused on advancing the clean energy transition. … Continue reading Avangrid strengthens support for energy innovation by extending collaboration with Yale
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Iberdrola installs the first wind turbine at the Saint-Brieuc offshore wind farm
The first wind turbine in the sea of Brittany The installation of the first of 62 wind turbines equipping the Saint-Brieuc wind farm was carried out on May 12 by Siemens Gamesa Renewable Energy, contractor of Iberdrola. This operation was carried out from the jack-up vessel Brave Tern of the Norwegian company Fred Olsen windcarrier. … Continue reading Iberdrola installs the first wind turbine at the Saint-Brieuc offshore wind farm
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Iberdrola commissions the largest photovoltaic plant in Oregon
AVANGRID (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that it has achieved commercial operation at its 162 MWac (205 MWdc) Pachwáywit Fields solar farm (also known as Montague Solar) in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver clean, renewable energy to … Continue reading Iberdrola commissions the largest photovoltaic plant in Oregon
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Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
Iberdrola is making significant progress in its 2023-2025 Strategic Plan. The company has signed a strategic agreement with GIC, a leading institutional investors, for the development of transmission networks in Brazil for 2.4 billion Brazilian reais – 430 million euros – as communicated today to the National Securities Market Commission (CNMV). Both companies will … Continue reading Iberdrola seals a strategic alliance with GIC for the expansion of transport networks in Brazil
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Iberdrola invests 10,400 million euros and has a net profit of 1,485 million
Financial Highlights Delivery of business plan, ahead of schedule Operational highlights 2023 outlook Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola: “This has been a good start to the year for Iberdrola, reinforcing the strength of our business model as a global leader in the energy transition”. “We are now seeing faster progress … Continue reading Iberdrola invests 10,400 million euros and has a net profit of 1,485 million
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Iberdrola successfully installs the first foundation of the “Baltic Eagle” offshore wind farm
All 50 monopiles are manufactured by the Rostock-based company EEW. Iberdrola has successfully placed the first foundation for the Baltic Eagle offshore wind farm into the seabed during the past weekend. Following the impressive installation of the offshore substation platform (OSS) in February 2023, the company is now entering the core stage of the Baltic … Continue reading Iberdrola successfully installs the first foundation of the “Baltic Eagle” offshore wind farm
Continue readingIberdrola will supply offshore wind energy to the Salzgitter Group in Germany
Long-term power purchase agreement (PPA) for Iberdrola’s Baltic Eagle offshore wind farm. True to its “Partnering for Transformation” strategic mission, the Salzgitter Group is working closely with customers and partners to achieve its climate targets, as evidenced by the collaboration with Spanish energy producer Iberdrola. Salzgitter Flachstahl GmbH and Iberdrola Deutschland have now signed a … Continue reading Iberdrola will supply offshore wind energy to the Salzgitter Group in Germany
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Iberdrola builds the first hybrid wind and solar plant in Spain
Iberdrola reinforces its innovative and renewable leadership in Spain and will build Spain’s first hybrid wind and solar plant in Castilla y León, in the province of Burgos. The company continues with the construction of two photovoltaic plants of 41 and 33 megawatts (MW), which will total more than 170,000 photovoltaic modules and will be … Continue reading Iberdrola builds the first hybrid wind and solar plant in Spain
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Iberdrola increases renewable energy production by 11% in the first quarter
Iberdrola’s investments in renewables have increased the group’s energy production and installed capacity in the first quarter of the year. The data sent today to the CNMV shows an increase of 11 % in the group’s global renewable energy production, reaching 24,137 gigawatt hours (GWh) in the first quarter of the year. The company exceeded … Continue reading Iberdrola increases renewable energy production by 11% in the first quarter
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Iberdrola develops battery recycling in Spain, together with FCC and Glencore, as a commitment to the circular economy
FCC Ámbito, a subsidiary of FCC Servicios Medio Ambiente, and Iberdrola, through its PERSEO Venture Builder programme, will collaborate with Glencore to tackle one of the biggest medium- and long-term challenges in the energy sector and will seek to provide industrial-scale lithium-ion battery recycling solutions on the Iberian Peninsula through the development of a specialised … Continue reading Iberdrola develops battery recycling in Spain, together with FCC and Glencore, as a commitment to the circular economy
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Iberdrola presents the Accelerated Climate Transition Plan to the United Nations
Iberdrola has presented its Climate Transition Plan to the United Nations to achieve zero net emissions by 2040 in response to the call of the UN Secretary General, following a realistic, ambitious and responsible line. The specific objective is based on achieving carbon neutrality of generation plants, its electricity distribution activity and its own consumption … Continue reading Iberdrola presents the Accelerated Climate Transition Plan to the United Nations
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