Iberdrola
SECTOR: Energy and Environment
Registered Global Reach
BrazilAustraliaEuropeU.S.MexicoIrelandUnited KingdomCatarGlobalItalyPortugalFranceGermany, FinlandUnited States+3 more
History of International Operations
| Date | Operation Summary | Key Figures / Investment | Destination Country |
|---|---|---|---|
| 2026-08-05 |
Iberdrola, through ScottishPower, has implemented an active network management (ANM) technology in the United Kingdom that has allowed a 30 MW battery to be connected three years ahead of schedule, generating savings of 3,7 million euros.
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Battery capacity: 30 MW; Cost savings: €3,7 million; Time to commissioning: 3 years; ANM system activations: over 400; Available energy utilization: 99% | United Kingdom |
| 2026-08-07 |
Iberdrola, through its subsidiary Neoenergia, will invest 525 million euros (3.100 billion reais) in Brazil between 2026 and 2030 to modernize and expand the electricity network of the Federal District, strengthening the infrastructure and service.
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Total investment of 3.100 billion reais (approximately 525 million euros) for the period 2026-2030. | Brazil |
| 2026-08-10 |
Iberdrola, through its subsidiary ScottishPower, is allocating 110 million pounds to the modernization of more than 70 kilometers of the electricity network between Glasgow and Edinburgh, Scotland, generating 1.000 direct jobs and strengthening the country's energy infrastructure.
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£110 million contract; modernization of over 70 km of power line; creation of 1.000 direct jobs; total investment plan of £24.000 billion until 2028; £12.000 billion network reinforcement program in Scotland. | United Kingdom |
| 2026-08-03 |
Iberdrola, through its subsidiary ScottishPower, will invest 1.800 billion euros to repower the Whitelee wind farm in the United Kingdom, doubling its capacity from 539 MW to 1.000 MW and strengthening the country's energy independence.
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Investment of 1.800 billion euros; Current capacity 539 MW; Future capacity 1.000 MW; Investment plan in the UK until 2028 of 28.000 billion pounds. | United Kingdom |
| 2026-07-09 |
Iberdrola, through its subsidiary Avangrid, has started construction of a new 57 MW solar plant in Oregon, USA, to generate clean energy for 10.000 homes and create 200 jobs, reinforcing its presence in the North American market.
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57 MW of capacity, 10.000 homes supplied, 200 jobs created | United States |
| 2026-06-26 |
Iberdrola, through its subsidiary Avangrid, is entering the US energy storage market with the construction of its first battery facility in Oregon, the Shutler project, to reinforce the electricity grid.
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41 MW of power and 82 MWh of capacity | United States |
| 2026-06-26 |
Iberdrola has inaugurated Fénix, its largest photovoltaic megaplant, at 243 MW in Sicily, Italy. This strategic project consolidates its presence in the Italian market and strengthens the generation of clean, domestically produced energy in the country.
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With an installed capacity of 243 MW, it will generate approximately 400.000 MWh per year, supply more than 140.000 homes, employ more than 500 professionals, and 413.000 bifacial photovoltaic modules. | Italy |
| 2026-06-04 |
Iberdrola, through its US subsidiary Avangrid, has signed a new power purchase agreement (PPA) with Microsoft for the 140 MW Bluebird Solar project in Washington state, consolidating its position in the US energy market.
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Bluebird Solar project of 140 MW. Total contracted capacity between Avangrid and Microsoft exceeds 500 MW. | United States |
| 2026-04-29 |
Iberdrola increased its net profit by 11% to 1.865 billion euros in the first quarter of 2026, driven by the intense execution of its investment plan in electricity networks in the United Kingdom and the United States, consolidating its diversified business model.
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Adjusted net profit of 1.865 billion euros (+11%), investment of 14.500 billion euros in the last year, and Regulated Asset Base of 53.000 billion euros. | United Kingdom, United States |
| 2026-04-23 |
Iberdrola, together with Masdar, installed the first turbine at the East Anglia THREE offshore wind farm in the United Kingdom. This milestone is key to the 1.400 MW project, which aims to strengthen British energy security with cutting-edge wind technology.
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Total Installed Capacity: 1.400 MW; Number of Wind Turbines: 95 units; Total Estimated Investment: £4.000 billion (approx. €5.000 billion); Homes Supplied: 1,3 million; Jobs Generated (construction): More than 2.300 positions. | United Kingdom |
| 2026-04-17 |
Iberdrola increased its global electricity distribution by 9,7% and its generation capacity by 3,8% in the first quarter of 2026, driven by investments in key markets such as the United Kingdom, the United States and Brazil.
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A 9,7% increase in overall electricity distribution (68.645 GWh), with 72,6% growth in the UK. Generation capacity reached 58.877 MW (+3,8%), adding 2.100 MW of new capacity. Battery storage grew by 157,6% (683 MW). | United Kingdom, Spain, Brazil, United States, Australia, Europe |
| 2026-04-15 |
Iberdrola has acquired a 42 MW solar plant in Lazio, Italy, from CCE Holding. This transaction raises the company's total capacity in the country to 400 MW, consolidating its presence and aligning with its 2025-2028 Strategic Plan.
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Acquisition of a 42 MW solar plant. Total capacity achieved in Italy: 400 MW. Global investment of the 2025-2028 Strategic Plan: 58.000 billion euros. | Italy |
| 2026-04-06 |
Iberdrola, through ScottishPower Energy Networks, will invest more than 13.700 billion euros in Scotland to modernize and strengthen the electricity grid, building new substations and renewing lines, boosting electrification and generating employment.
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Investment of more than 13.700 billion euros; creation of more than 12.400 jobs (direct and indirect). | United Kingdom |
| 2026-03-27 |
Iberdrola, through its subsidiary ScottishPower, is accelerating the construction of the East Anglia TWO offshore wind farm in the United Kingdom, with an investment of 4.500 billion euros to generate 960 MW of clean energy.
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Investment of 4.500 billion euros; installed capacity of up to 960 MW; will cover the demand of approximately one million homes. | United Kingdom |
| 2026-03-23 |
Iberdrola has reached 11.000 MW of installed capacity in the United States through its subsidiary Avangrid, after an investment of 50.000 billion euros and with plans to invest an additional 16.000 billion until 2028.
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Installed capacity in the US: 11.000 MW. Total assets in the US: €50.000 billion. Planned investment (2025-2028): €16.000 billion. Indirect jobs: 70.000. | United States, United Kingdom |
| 2026-03-06 |
Iberdrola has completed the acquisition of the Ararat wind farm in Victoria, Australia, consolidating its leadership and clean energy generation capacity in the country. This transaction strengthens its operational presence in five Australian states and its B2B strategy.
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Ararat Park capacity: 242 MW; Planned investment (2024-2028): €1.000 billion; Total installed capacity in Australia: over 2.500 MW | Australia |
| 2026-02-05 |
Iberdrola consolidates its leadership in Australia's energy transition after winning a long-term storage contract for the Kingswood project and inaugurating the Smithfield battery, boosting energy infrastructure in New South Wales.
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Investment of more than 1.000 billion euros; storage capacity of 1.080 MWh (Kingswood) and 130 MWh (Smithfield); manages more than 2.000 MW of generation capacity. | Australia |
| 2026-02-04 |
Iberdrola, through its subsidiary Avangrid, has put into commercial operation two new photovoltaic plants in Oregon, United States, adding 269 MWdc of capacity to meet the growing energy and industrial demand.
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Joint installed capacity (Oregon): 269 MWdc. Asset value in the US: €49.400 billion. Planned investment (until 2028): €16.000 billion. | United States |
| 2026-02-02 |
Iberdrola, through its subsidiary SP Energy Networks, has awarded a €2.300 billion contract to Prysmian for the manufacture of the cable for the Eastern Green Link 4 submarine interconnection between Scotland and England, boosting the British energy transition.
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Contract investment: 2.300 billion euros. Transmission capacity: 2.000 MW. Cable length: 640 km. | United Kingdom |
| 2026-01-30 |
Iberdrola Renewables Polska will build three battery energy storage projects in Poland, with a combined capacity of 160 MW, after receiving a grant of 44 million euros to optimize the electrical infrastructure and ensure the stability of the renewable supply.
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A grant of €44 million, 160 MW of capacity in new BESS projects, and a total portfolio of 940 MW in Poland. | Poland |
| 2026-01-27 |
Iberdrola has reaffirmed its leadership in the European PPA market for the third consecutive year, securing electricity sales of 400 TWh worldwide in key markets such as Spain, the US and the UK.
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Sales of 400 TWh; European leader in PPA for 3 consecutive years in more than 9 markets. | Spain, United States, United Kingdom, Brazil, Germany, Australia, Portugal, Italy, Poland |
| 2026-01-23 |
Iberdrola has announced a global investment plan of almost 60.000 billion euros for the next four years, focused on electricity networks and renewables, while strengthening ties with leaders from the United States, Qatar and the European Union at the World Economic Forum.
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Projected investment (4 years): ~€60.000 billion (more than 2/3 allocated to electricity networks). Market capitalization: >€125.000 billion. | United States, Qatar, Spain |
| 2026-01-19 |
Iberdrola, through its subsidiary Avangrid, has started operating the NECEC energy corridor, a $1.650 billion infrastructure project connecting Canada and the United States to supply clean energy to the New England region.
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Total Investment: $1.650 billion; Power Capacity: 1.200 MW; Impact on Supply: ~10% of Massachusetts' demand; Contract Horizon: 40 years | Canada, United States of America |
| 2026-01-15 |
Iberdrola, with the support of the EIB and Cesce, has formalized a green loan of 175 million euros to build and operate two new wind farms in Portugal, integrating them into its Tâmega hydroelectric complex.
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€175 million loan, 274 MW of wind power capacity | Portugal |
| 2026-01-14 |
Iberdrola, through its Brazilian subsidiary Neoenergia, has completed the Alto Paranaíba project in Brazil, one of the country's largest electric transport infrastructure initiatives, with an investment of 669 million euros.
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Investment of 669 million euros, 1.600 km of lines, 3.250 towers, 6 substations, completed 15 months ahead of schedule. | Brazil |
| 2026-01-07 |
Iberdrola has activated a 65 MWp photovoltaic plant in Germany to supply renewable energy to the steelmaker Salzgitter AG, through a 15-year PPA agreement, contributing to the decarbonization of the sector.
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65 MWp photovoltaic plant; Supply of 900 GWh in 15 years; Estimated annual production of 60 GWh; Avoids 23.000 tons of CO₂/year; More than 92.000 solar panels. | Germany, |
| 2025-12-29 |
Iberdrola Australia, a subsidiary of the Spanish energy company, has expanded Australia's largest private rooftop solar self-consumption system in collaboration with Sydney Markets. This project will generate 11,6 GWh annually, consolidating its position in the Asia-Pacific energy sector.
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Estimated annual generation: 11,6 GWh. Previous installed capacity: 3,2 MW across 5 projects. Alliance of over 10 years. | Australia |
| 2025-12-22 |
Iberdrola presented its 2025-2028 Strategic Plan to British shareholders in the United Kingdom, in meetings in Glasgow and London, to strengthen financial communication and highlight the country's role in the group's future investments.
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United Kingdom | |
| 2025-12-19 |
Iberdrola has acquired 100% of the 242 MW Ararat wind farm in Victoria, Australia, strengthening its own supply capacity to business customers and consolidating its presence in the Australian renewable energy market.
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242 MW wind farm; Planned investment of 1.000 billion euros in Australia by 2028. | Australia |
| 2025-12-17 |
Iberdrola has selected the coating technology of the Seville-based company RTS to protect the infrastructure of its Windanker offshore wind farm in Germany, consolidating the export of Spanish know-how in renewable energy.
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Windanker park capacity: 315 MW. Total investment in offshore wind: 25.000 billion euros. | Germany, |
| 2025-12-16 |
Iberdrola and Microsoft have signed two PPAs in Spain for 150 MW of renewable energy and will expand the use of AI and cloud computing on a global scale, consolidating their alliance for decarbonization and digitalization.
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150 MW of new PPAs in Spain; 500 MW of global capacity linked to the alliance. | Spain, USA, Brazil, Australia |
| 2025-12-11 |
Iberdrola has begun construction of a mega wind farm in Portugal, the Tâmega Wind Farm, with an investment of €350 million. This 274 MW project is a pioneer in wind and hydroelectric hybridization, maximizing energy efficiency and reducing costs.
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Total Investment: 350 million euros; Installed Capacity: 274 MW; Estimated Annual Production: 601 GWh; CO₂ Reduction: More than 230.000 tons per year; Employment generated: 700 direct jobs. | Portugal |
| 2025-12-08 |
Iberdrola Deutschland has completed the installation of 21 monopile foundations for the Windanker offshore wind farm in Germany. This milestone, achieved with components manufactured in Spain, is key to the project, which is expected to be operational by the end of 2026 and is part of the Baltic Hub.
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21 monopile foundations installed; commissioning scheduled for the end of 2026; total capacity of the Baltic Hub of more than 1.100 MW, supplying more than 1,1 million homes/year; Iberdrola owns 51% and Kansai 49% of the project. | Germany, |
| 2025-12-04 |
Iberdrola's British subsidiary, ScottishPower, has received approval to invest 14.000 billion euros in modernizing electricity networks in the United Kingdom until 2031, boosting interconnections between Scotland, England and Wales.
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Approved investment: €14.000 billion. Implementation period: Until 2031. Jobs created: 12.000. Supplier procurement plan: Over €6.000 billion. | United Kingdom |
| 2025-11-11 |
Iberdrola has been awarded a strategic project (VNI West) to build and operate a 240 km electricity transmission line in Australia, entering the country's electricity grid business. This will improve the integration of renewable energy and the reliability of supply between Victoria and New South Wales.
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240 km, 500 kV line, 3.500 MW transfer capacity, completion in 2030. | Australia |
| 2025-11-10 |
Iberdrola, through its subsidiary Neoenergia, is launching the "Noronha Verde" project in Brazil to turn Fernando de Noronha into the first inhabited oceanic island in Latin America with a sustainable energy model, investing in a photovoltaic plant and storage.
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Investment of 350 million reais (more than 50 million euros) in "Noronha Verde"; 22 MWp of photovoltaic capacity; 49 MWh of storage; 7.000 billion euros of investment in Brazil in the next five years. | Brazil |
| 2025-11-07 |
Iberdrola will invest over €11 million in upgrading the infrastructure of the Port of East Anglia in the UK. This investment will support the construction of the East Anglia TWO offshore wind farm, a key renewable energy project.
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Investment of more than €11 million in the port; wind farm valued at more than €4.500 billion; 64 turbines; 960 MW. | United Kingdom |
| 2025-11-06 |
Iberdrola is participating in COP30 in Brazil to promote the energy transition and, through its subsidiary Neoenergia, is presenting the Noronha Verde project, which makes the island the first oceanic island in Latin America with 100% sustainable energy.
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Iberdrola will allocate 7.300 billion euros to Brazil over the next five years. | Brazil |
| 2025-11-03 |
Iberdrola has formalized a €500 million green loan with the EIB to develop the Windanker offshore wind farm in Germany, a 315 MW clean energy project that will contribute to European electrification and energy security.
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€500M loan, 315 MW wind farm, 2.200 construction jobs, 160 permanent jobs, reduction of 672.000 tons of CO2 per year. | Germany, |
| 2025-10-27 |
Iberdrola has installed its first high-voltage direct current (HVDC) converter station at the East Anglia THREE offshore wind farm in the UK. This key infrastructure will optimize the transmission of energy generated by the farm, the company's largest worldwide.
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Total investment in the park: 5.000 billion euros. Installed capacity: 1.400 MW. Weight of the station: 10.700 tons. | United Kingdom |
| 2025-10-20 |
Iberdrola has experienced remarkable growth in its electricity distribution and global production, driven by markets such as the United Kingdom, Spain, and Brazil. The company has significantly increased its renewable energy capacity (offshore wind, solar photovoltaics) and battery storage in multiple countries.
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Global electricity distribution +6% (UK +43%, Spain +3%). Global production 96.047 GWh. Installed capacity 57.453 MW, with 503 MW in batteries (+154%). 86% of production and 84% of capacity from clean sources. | United Kingdom, Spain, Brazil, Germany, France, United States, Portugal, Italy, Australia |
| 2025-10-07 |
Iberdrola was awarded seven Extel Europe Awards for its excellence in investor relations and management. The company also presented an ambitious Strategic Plan for 2025-2028, with significant investments in electricity networks in the UK and the US.
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Investment of 58.000 billion euros until 2028; market capitalization of more than 108.000 billion euros. | United Kingdom, United States |
| 2025-09-23 |
Iberdrola has signed an agreement with Amazon to supply renewable energy to its data centers in Oregon, USA, through the new Oregon Trail Solar photovoltaic project, reinforcing its international collaboration.
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$100 million investment for the 57 MW Oregon Trail Solar project, with 100.000 solar panels. | United States, Germany, United Kingdom, Portugal, Spain |
| 2025-09-11 |
Iberdrola has acquired PREVI's stake in its Brazilian subsidiary Neoenergia, increasing its control to 84%. This transaction, valued at €1.880 billion, reinforces its expansion strategy in the Brazilian energy sector.
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The deal is valued at €1.880 billion (11.950 billion Brazilian reais). Iberdrola will control approximately 84% of Neoenergia's share capital. | Brazil |
| 2025-09-09 |
Iberdrola signs a PPA with Selex in Italy to supply 125 GWh of renewable energy annually from a 77 MW photovoltaic park, strengthening its presence in the Italian market and supporting Selex's decarbonization.
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Agreement valued at 1.250 GWh, supply of 125 GWh of renewable energy annually, 77 MW photovoltaic park, annual reduction of 37.000 tons of CO₂. | Italy |
| 2025-08-28 |
Iberdrola, through ScottishPower, is expanding two wind farms in Scotland, adding 22 turbines to reach a capacity of 485 MW. This investment will generate clean energy for 300,000 British homes, with a significant socioeconomic and environmental impact.
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Expansion of 22 wind turbines, reaching 485 MW of installed capacity to supply 300,000 homes. Tax contribution of more than 18.5 million euros and restoration of 59 hectares of peatlands. | United Kingdom |
| 2025-08-14 |
Iberdrola, through its subsidiary Avangrid, has significantly increased its power generation capacity in the US, reaching more than 10.5 GW and launching new solar projects to supply homes and the technology sector.
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80 operational facilities; 10.5 GW of capacity; 600 MW of new solar capacity; 125% growth in solar production; 66% increase in total capacity since 2015; 1.5 GW to data centers; 700 MW under construction; 66,000 GWh global production; 36 million customers. | United States |
| 2025-08-07 |
Iberdrola has received the latest monopile foundations from Navantia-Windar for its Windanker offshore wind farm in the Baltic Sea, consolidating a strategic collaboration and its expansion in international offshore wind, with projects also in the United Kingdom.
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The collaboration with Navantia-Windar exceeds €1.000 billion in orders, generating 300 jobs. The Baltic Sea Hub involves an investment of €3.500 billion, and Windanker will have a capacity of 315 MW. | Germany, United Kingdom |
| 2025-07-17 |
Iberdrola has launched its first solar park in Germany, in Boldekow, with a capacity of 53 GWh per year. This facility, the result of a collaboration with Vodafone, will power 3.000 mobile phone towers, strengthening Iberdrola's presence in the German energy market.
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It will generate more than 53 GWh of clean electricity per year, destined for 3.000 Vodafone mobile phone towers. It is estimated to prevent the emission of some 20.000 tons of CO₂ annually over its 30-year lifespan. | Germany, |
| 2025-07-11 |
Iberdrola and Masdar have formed a joint venture to invest €4.100 billion in the East Anglia THREE offshore wind farm in the UK. This 1.400 MW project will supply electricity to 1,3 million British homes and create 2.300 jobs, strengthening their alliance in renewable energy.
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Investment of 4.100 billion euros, capacity of 1.400 MW, 2.300 jobs created, will supply 1,3 million homes. | United Kingdom |
| 2025-07-04 |
Iberdrola has been recognized with three awards at the IR Impact Awards Europe 2025 for its excellence in investor relations, transparency, sustainability, innovation in communication and use of technology.
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| 2025-07-02 |
Iberdrola, through its president Ignacio Galán, is participating in a collaboration with European leaders to promote electrification and investment in clean energy and electricity networks in Europe, seeking to strengthen the continent's strategic autonomy and competitiveness.
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Europe | |
| 2025-06-13 |
Iberdrola, through its subsidiary in France, is financing innovative projects to boost sustainability in the French maritime economy, focusing on responsible fishing and the use of local resources in the Bay of Saint-Brieuc, where it operates its offshore wind farm.
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France | |
| 2025-05-23 |
Iberdrola launches East-West Digital in Qatar, a new company dedicated to developing and marketing AI digital solutions for global sustainability, leveraging the innovations of Iberdrola Innovation Middle East.
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Catar | |
| 2025-05-21 |
Iberdrola reaffirms its commitment to the British market and announces investment plans of 28.000 billion euros until 2028 in electrical infrastructure and energy security, supporting cooperation between the United Kingdom and the EU.
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€28.000 billion in investment until 2028 | United Kingdom |
| 2025-05-16 |
Iberdrola Italia has inaugurated its third photovoltaic plant in Tarquinia, Italy, a milestone in its commitment to clean energy. The plant will meet the needs of 18,000 homes and prevent 15,000 tons of CO2 emissions annually.
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It covers the needs of 18,000 households, avoids 15,000 tons of CO2 annually, and has planted 1,350 olive trees. | Italy |
| 2025-05-01 |
Iberdrola has reported strong financial results for the first quarter of 2025, with record investments of €17.300 billion. The United States and the United Kingdom accounted for 65% of the total investment, solidifying their position as strategic focuses of its international expansion.
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Record investments of 17.300 billion euros in 12 months, net profit of 2.004 billion euros (+26%) in Q1 2025, with 65% of the investment in the United States and the United Kingdom. | United States, United Kingdom |
| 2025-05-01 |
Iberdrola announces strong financial results and record investments, with €17.300 billion invested in the last 12 months. The United States and the United Kingdom are strategic focuses, absorbing 65% of total investment, especially in networks and renewables.
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Record investments of €17.300 billion in the last 12 months; Net profit of €2.004 billion in the first quarter of 2025; Quarterly investment of €2.720 billion; EBITDA of €4.643 billion. | United States, United Kingdom |
| 2025-04-25 |
Iberdrola, through its subsidiary ScottishPower, has begun the installation of the first monopile for its East Anglia THREE offshore wind farm in the North Sea, United Kingdom, consolidating its largest project worldwide.
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Total investment of £4.000 billion. Installed capacity of 1.400 MW, enough for 1,3 million homes. | United Kingdom |
| 2025-04-02 |
Iberdrola has received approval for Windanker, its third offshore wind farm in the German Baltic Sea, representing an investment of €1.000 billion. This 315 MW project, in collaboration with Japan's Kansai, will strengthen its presence in the region.
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Investment of 1.000 billion euros for Windanker, capacity of 315 MW, 3.700 billion euros of total investment in the three Baltic parks, 51% participation of Iberdrola and 49% of Kansai. | Germany, |
| 2025-03-20 |
Iberdrola, through ScottishPower, has acquired ENW in the United Kingdom, consolidating its position as the second largest distribution network operator. This strategic transaction strengthens its presence in the British market and its commitment to the modernization and electrification of the country's energy system.
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It supplies electricity to 12 million people through a network of over 170.000 kilometers. Current assets are valued at over 30.000 billion pounds, with plans to invest another 30.000 billion pounds by the end of the decade. | United Kingdom |
| 2025-03-14 |
Iberdrola has signed a Power Purchase Agreement (PPA) with Air Liquide to electrify industry on the Iberian Peninsula. The company consolidates its global leadership in renewable energy agreements, with a presence and contracts in multiple countries.
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1.251 MW contracted in 2024, a 38% increase over the previous year. The company has announced 15 agreements in Europe, including 50 MW with Italian companies. | Spain, Portugal, Germany, Italy, United Kingdom, United States, Brazil, Mexico, Australia |
| 2025-03-04 |
Iberdrola, through ScottishPower Renewables, is collaborating with Maersk's Stillstrom on a study that demonstrates the technical and economic feasibility of electrifying service vessels for offshore wind farms in the United Kingdom, recharging them with the turbines themselves.
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United Kingdom | |
| 2025-03-04 |
Iberdrola has signed an agreement with Pam Panorama to supply 1.000 GWh of 100% renewable energy to its points of sale in Italy, consolidating its expansion in the country and reducing CO2 emissions.
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A 1.000 GWh renewable energy agreement, with an annual reduction of more than 38.300 tons of CO2. A forecast of 400 MW of installed capacity in Italy by 2025. | Italy |
| 2025-02-26 |
Iberdrola and a Finnish delegation met in Bilbao to strengthen ties and explore avenues for collaboration in innovation, digitalization, and electrification. The meeting aims to accelerate the energy transition through knowledge sharing and the development of technological solutions.
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Finland | |
| 2025-02-13 |
Iberdrola, through its subsidiary ScottishPower Energy Networks, has begun construction of Eastern Green Link 1 (EGL1), a £2.500 billion underwater electric superhighway that will connect Scotland and England to transport green electricity to two million homes.
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Investment of £2.500 billion; will transport electricity to two million homes. | United Kingdom |
| 2025-02-12 |
Iberdrola, through its Brazilian subsidiary Neoenergia, has agreed to supply 44 MW of clean wind energy from the Oitis complex to Grupo CCR for 16 years, covering 60% of its demand. This reinforces its leadership in clean energy.
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44 megawatts (MW) for 16 years | Brazil |
| 2025-02-10 |
Iberdrola, through its subsidiary Avangrid, has signed an agreement with American Municipal Power (AMP) to supply clean energy to homes and businesses in Ohio, United States, from the Blue Creek wind farm and the future Powell Creek photovoltaic plant.
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More than 500 jobs; 202 MWdc of power; 76,000 homes supplied by Blue Creek; 30,000 homes supplied by Powell Creek. | United States |
| 2025-02-04 |
Iberdrola has maintained the electricity supply to more than one million homes in the US through its 30 energy facilities, demonstrating its commitment and support to local communities during adverse weather conditions.
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More than one million homes, 30 energy facilities, more than 4,5 Gigawatts (GW) | U.S. |
| 2025-01-30 |
Iberdrola has led the European PPA market for the second year in a row, signing 15 agreements in 2024 in five European countries, including Spain, the United Kingdom, Germany and Italy, reaffirming its position as the largest electricity company in Europe.
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15 agreements in 2024; nearly 900 MW in the Iberian region; approximately 170 MW in the United Kingdom; more than 100 MW in Germany; around 50 MW in Italy. | Spain, United Kingdom, Germany, Italy |
| 2025-01-20 |
Iberdrola, through its subsidiary Avangrid in the USA, has been recognized by the Edison Electrical Institute for its effective response to severe weather emergencies in 2024, restoring power to thousands of customers.
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More than 1.300 workers mobilized and 100.000 customers affected during Tropical Storm Debby; 270.000 customers without power and more than 1.100 crews in Maine. | United States |
| 2025-01-09 |
Iberdrola leads R&D investment in the global energy sector for the third consecutive year, allocating 384 million euros in 2023 and planning to double this investment by 2030, focusing on renewables and smart grids.
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384 million euros in 2023; 4.000 billion euros of planned investment by 2030. | Spain, Portugal |
| 2025-01-06 |
Iberdrola, through its subsidiary Neoenergia, has carried out a project to improve the lighting and conservation of the Convent of Nossa Senhora da Conceição in Itanhaém, Brazil, reaffirming its cultural and social commitment.
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Brazil | |
| 2024-12-30 |
Iberdrola, through ScottishPower Renewables, has awarded Taylor Woodrow the preparatory works for the onshore substation for the East Anglia Two offshore wind farm in the United Kingdom, a 960 MW project that will generate 80 jobs.
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960 MW, 80 jobs, £1.000 billion (approximately €1.200 billion) | United Kingdom |
| 2024-12-24 |
Iberdrola celebrates 25 consecutive years in the Dow Jones Sustainability Index, the only European utility to achieve this milestone. This achievement underscores its global leadership in sustainable electrification and its commitment to the highest ESG standards.
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Market capitalization exceeding €80.000 billion. Over 44.000 MW of installed renewable capacity. 84% emission-free production. Planned investment of €41.000 billion (2024-2026) and €5.000 billion for the acquisition of British ENW. | United Kingdom, France, Italy |
| 2024-12-23 |
Iberdrola has completed the acquisition of the remaining 18,4% of the shares of its US subsidiary Avangrid, consolidating its position in the North American energy market and enabling more efficient investment in new renewable projects and capacities.
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Acquisition of 18,4% of shares; $35,75 per share; Avangrid with assets of $46.000 billion, 8.700 MW renewables and 8.000 employees; generation of hundreds of jobs. | United States |
| 2024-12-19 |
Iberdrola has signed a PPA contract with SCHWENK to supply 1.500 GWh of green electricity annually from the Windanker offshore wind farm in Germany, reinforcing its presence and commitment to renewable energy in the country.
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Supply of 1.500 GWh annually. Windanker wind farm with over 300 MW of power. Investment of 3.700 billion euros in the Baltic Hub. | Germany, |
| 2024-12-18 |
Iberdrola has signed three new long-term power purchase agreements (PPAs) for 476 MW to supply green energy in the Iberian Peninsula, mainly in Spain, with an investment of more than 600 million euros.
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476 MW of capacity, 1.100 GWh of annual supply, investment exceeding 600 million euros and more than 1.600 jobs. | Spain, Portugal |
| 2024-12-16 |
Iberdrola partners with Japan's Kansai to develop the Windanker offshore wind farm in Germany, with a capacity of 315 MW, reinforcing its strategy of alliances and growth in renewable energy.
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Windanker's installed capacity: 315 MW. Operational by the end of 2026. Total investment in operational and under-construction wind farms: €15.000 billion. | Germany, |
| 2024-12-09 |
Iberdrola has begun construction of Portugal's largest wind farm, with a capacity of 274 MW, after obtaining the necessary production license. This hybrid project, which combines wind and hydroelectric power, will supply electricity to 128.000 homes and create up to 700 jobs.
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Installed capacity of 274 MW, production of 601 GWh/year, will supply 128.000 homes, 700 direct jobs. | Portugal |
| 2024-12-03 |
Iberdrola, through its subsidiary Neoenergia, reaffirms its commitment to the energy transition in Brazil, announcing a significant investment of more than 7.000 billion euros between 2024 and 2028 to strengthen its presence in the electricity market.
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Investment of over €7.000 billion (45.000 billion reais) between 2024 and 2028. Supplies electricity to over 40 million people. More than 16.000 employees. | Brazil |
| 2024-11-27 |
Iberdrola, through ScottishPower Energy Networks, has selected 19 companies as preferred partners for a 6.490 billion euro modernization program for the British electricity grid, generating 1.000 direct jobs.
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6.490 billion euros, 1.000 new direct jobs | United Kingdom, Ireland |
| 2024-11-25 |
Iberdrola, a Spanish company, has signed a Power Purchase Agreement (PPA) with Gres Panaria Portugal to supply 92 GWh of clean energy over a decade. This agreement strengthens Iberdrola's presence in the Portuguese energy sector and its commitment to industrial decarbonization.
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92 GWh of clean energy over a decade | Portugal |
| 2024-11-22 |
Iberdrola, through its subsidiary ScottishPower Energy Networks, has received regulatory approval for the Eastern Green Link 1 project in the United Kingdom. This €3.000 billion project will deliver clean electricity to 2 million homes, reinforcing its leadership in renewable energy.
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Approximate investment of 3.000 billion euros; will supply 2 million homes. | United Kingdom |
| 2024-11-19 |
Iberdrola has completed its first green bond issuance on the Australian Kangaroo market, raising AU$750 million to finance renewable energy projects in Australia. This pioneering transaction reinforces its international financial diversification strategy.
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750 million Australian dollars (approximately 460 million euros) | Australia |
| 2024-11-14 |
Iberdrola has received approval in Brazil for the Noronha Verde project, investing 50 million euros in photovoltaic energy and battery storage in Fernando de Noronha, seeking to reduce emissions by 85% and promote a sustainable energy model.
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Investment of 50 million euros; 85% reduction in emissions. | Brazil |
| 2024-11-12 |
Iberdrola has signed a €1.000 billion contract with Siemens Gamesa for the East Anglia TWO offshore wind project in the UK, boosting renewable energy and creating local jobs.
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€1.000 billion contract with Siemens Gamesa. Total investment in the East Anglia TWO project: >€4.000 billion. It will create 1.300 jobs. Iberdrola will invest £24.000 billion in the UK between 2024 and 2028. | United Kingdom |
| 2024-11-07 |
Iberdrola has signed a contract with the Italian steelmaker Acciaierie Venete to supply 230 GWh of green electricity. This agreement will reduce Acciaierie Venete's CO2 emissions by 6.960 tons annually, further solidifying Iberdrola's expansion in the Italian energy market.
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Supply of 230 GWh; reduction of 6.960 tons of CO2 per year. | Italy |
| 2024-10-31 |
Iberdrola has been awarded areas to develop floating offshore wind energy projects in the US, with a potential capacity of 3.000 MW, boosting the energy transition in the region.
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Potential capacity of 3.000 MW; national target of 30.000 MW by 2030. | United States |
| 2024-10-24 |
Iberdrola and Avangrid have been recognized by Newsweek as one of the most sustainable companies in the United States, highlighting their leadership in the transition to a more sustainable energy model in the country.
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United States | |
| 2024-10-16 |
Iberdrola and Masdar have completed the installation of the 50 turbines of the Baltic Eagle offshore wind farm in Germany, a 476 MW project that will provide clean energy to 475.000 homes and reduce 800.000 tons of CO2 annually.
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476 MW of capacity, 475.000 households benefited, 800.000 tons of CO2 reduced annually, investment of 3.700 billion euros in the Baltic Hub. | Germany, |
| 2024-10-15 |
Iberdrola Mexico organized a hackathon with more than 150 students to promote innovative solutions in renewable energy, electric vehicles and green hydrogen, fostering youth interest in the sustainable energy sector.
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More than 150 students | Mexico |
| 2024-10-14 |
Iberdrola will double its investment in the United Kingdom to over €28.000 billion by 2028, consolidating its leadership in renewable energy and networks. The company has made recent acquisitions and reaffirms its commitment to the country.
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More than 28.000 billion euros of investment until 2028; more than 10.000 billion euros in new investments in the last three months. | United Kingdom |
| 2024-10-04 |
Iberdrola, through its subsidiary Avangrid, has been selected by the U.S. Department of Energy to negotiate a €385 million contract for an electrical infrastructure project in Maine, improving access to renewable energy.
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385 million euro contract | United States |
| 2024-10-01 |
Iberdrola, through ScottishPower, has acquired the technology company Derryherk in the UK to improve data connectivity on its network. This acquisition follows the recent purchase of Electricity North West and is part of a £12.000 billion investment in the country.
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Investment of £12.000 billion (€14.400 billion) between 2024 and 2028 in the UK. Total investment of £30.000 billion (€36.000 billion) since 2007. | United Kingdom |
| 2024-09-20 |
Iberdrola, through its subsidiary Avangrid, has opened a National Training Center in Oregon, USA, to train its employees in the renewable energy sector, strengthening its presence in the country.
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United States | |
| 2024-09-19 |
Iberdrola has inaugurated the Saint Brieuc offshore wind farm in Brittany, France, following a €2.400 billion investment. This 496 MW project reinforces its global leadership in offshore wind energy and will generate clean energy for one million people.
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Investment of 2.400 billion euros, capacity of 496 MW, 1.700 jobs generated. | France |
| 2024-09-17 |
Iberdrola Legal Hub was awarded the Financial Times Innovative Lawyers prize for Operational Transformation for implementing a Contract Lifecycle Management (CLM) tool that digitizes the management of contracts and legal consultations, with plans for global expansion.
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More than 700 people currently work in Spain; more than 5.000 employees are expected to work globally by the end of 2024. The Legal Innovation Center was created in 2022. | Spain, Global |
| 2024-09-10 |
Iberdrola, through Avangrid, has begun installing solar modules at the Camino Solar photovoltaic park in California, its tenth solar project in the US. It has also been awarded a contract to develop the New England Wind 1 offshore wind farm.
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Camino Solar: 57 MW, 100 jobs, $15 million in taxes. New England Wind 1: 791 MW. | United States |
| 2024-09-09 |
Iberdrola has been awarded a 791 MW offshore wind farm in the United States, which will supply clean energy to more than 400.000 homes. This project reinforces its commitment to the energy transition and will generate thousands of jobs and significant investment in the region.
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791 MW, 400.000 homes, 4.400 jobs, $3.000 billion | United States |
| 2024-09-06 |
Iberdrola has begun construction of its first solar and storage project in Queensland, Australia. The photovoltaic plant and battery system will generate clean energy for 145.000 homes and create 350 local jobs.
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Solar capacity 376 MW, storage 180 MW, will supply 145.000 homes, 350 jobs, 2.000 MW in operation/construction, target 4.000 MW. | Australia |
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