PERSEO Venture Builder
We are investing to create a new model for electrification support projects
The PERSEO Venture Builder unit was created to create new business models that contribute to electrification in sectors that are difficult to decarbonise.
PERSEO Venture Builder, the programme for the creation of new business models that contribute to Iberdrola's commitment to innovation
The PERSEO Venture Builder unit has been set up with the aim of agilely launching new business models that contribute to electrification and sustainability.
Through this new unit, we are investing in the creation of companies working to accelerate electrification in sectors such as industrial heat production and heavy transport, for example.
Although this unit of PERSEO operates primarily in Spain, it is already active in other markets where we operate, such as the United Kingdom, Brazil and Australia.
Core focus activities
Support to Electrification
- Heat electrification
- Green hydrogen
Hard-to-Abate Sectors
- Green ammonia
- Heavy transport
- Industrial heat
Circular economy
The Venture Builder programme will facilitate the creation of projects to increase energy efficiency in production processes for sectors that are difficult to decarbonise, as well as those that promote the circular economy. These are the main lines of focus of the programme:
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Support for electrification
The aim is to foster business models that promote the electrification of the economy in a clean, sustainable and competitive way. Examples of these business models are the electrification of residential and commercial heating and cooling, energy efficiency management in buildings, electrical energy storage systems, electrification of micro-mobility and light and heavy transport, among others.
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Achieving electrification in sectors that are difficult to decarbonise
These are sectors in which, either due to technological or economic barriers, it is difficult to achieve a significant reduction in pollutant emissions. We are mainly talking about long-distance maritime or air transport, or sectors such as steel and those based on high-temperature industrial heat (steel, plastics, etc.). Perseo Venture Builder will invest in projects that increase energy efficiency in their processes, as well as those that promote the use of emission-free technologies.
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Boosting the circular economy
In line with the Sustainable Development Goals (SDGs), we develop businesses that promote a circular economy model in activities that generate waste in the field of electrification. These include wind, solar and energy storage projects, among others.
Main initiatives within the framework of Perseo Venture Builder
Perseo Venture Builder supports and promotes a series of projects that we can highlight and describe, all of them oriented towards the decarbonisation and electrification of different sectors.
CPD4Green: Iberdrola's platform for developing data centres
CPD4Green is Iberdrola's new platform aimed at promoting the development of sustainable data centres, both in Spain and internationally. This company has been created to encourage the provision of electrified land for digital infrastructures operating with renewable energy, ensuring a continuous supply 24 hours a day. To achieve this, Iberdrola will leverage its energy assets and available land, facilitating the installation of these centres. It will also offer long-term Power Purchase Agreements (PPAs), ensuring stable prices and access to renewable energy for clients. This initiative responds to the increasing digitalisation of the economy and the growing environmental commitment within the technology sector.
CPD4Green represents a strategic move initially positioning Spain as a leading digital hub in Europe, combining technological innovation with sustainability. The platform will subsequently expand to other international markets. This model is also designed to attract major technology companies interested in reducing their carbon footprint. Altogether, the initiative reinforces Iberdrola's leadership in energy transition and its key role in building a more sustainable digital future.
Carbon2Nature: High-Quality carbon credits as a key element in the energy transition
We created the Carbon2Nature
External link, opens in new window. platform to generate carbon credits linked to Nature-Based Solutions projects of the highest quality. We are committed to the voluntary carbon market as an instrument to offset or neutralise the carbon footprint of our international clients within the framework of ambitious reduction strategies, aligned with the necessary energy transition towards decarbonisation and electrification.
We currently have assets that generate credits through initiatives such as sustainable, high-quality reforestation on a global scale, and we are open to creating or acquiring new projects. At the same time, we are exploring new sources of CO₂ capture, such as soils through sustainable agriculture and the oceans (Blue Carbon). All of this is done with a view to meeting the climate and emissions reduction targets set for 2030.
ADi: a high-capacity data centre for a sustainable digital future
ADi (Atlantic Data Infrastructure)Enlace externo, se abre en ventana nueva. is a public-private initiative that promotes the creation of a network of high-capacity, sustainable data centres in the Basque Country (Spain). The project, of which Iberdrola is a partner, was created to provide the region with critical infrastructure that guarantees high-quality cloud services for companies and institutions, promoting data sovereignty and reducing dependence on external providers. The first data centre is already operational in the Bizkaia Science and Technology Park (Abanto-Zierbena), while the second is being developed in the Garaia Technology Park in Arrasate (Mondragón).
Basquevolt: solid-state batteries to expand transport electrification
Iberdrola is part of the consortium of investors in the Basque technology company Basquevolt , in an initiative launched in 2022 with the aim of starting up a solid-state battery production line that is a benchmark in Europe. This project, with an investment of more than €700 million and the prospect of generating more than 800 direct jobs, aims to reach 10GWh of capacity by 2027.
Solid-state lithium battery technology is the only technology that meets the most demanding requirements of the automotive sector in terms of performance and is therefore becoming the strategic focus of the automotive industry.
Basquevolt aims at the sustainable development of the best battery cells and materials to enable the mass deployment of electric transport, stationary energy storage - including hybridisation with hydrogen-gas systems - and advanced portable devices.
eHeat Networks: community geothermal opportunities in the UK
The goal of achieving Net Zero in UK homes by 2040 and the future ban on the installation of gas boilers opens up new opportunities to decarbonise 20 million homes efficiently and cost-effectively.
Through PERSEO Venture Builder we have launched eHeat Networks to explore opportunities in geothermal energy for regions in the UK. Our focus is on the mass deployment of geothermal heat pumps and thermal zones to drive the large-scale decarbonisation of residential and commercial buildings and to support the transition to net-zero emissions.
EnergyLOOP, recycling of wind turbine blades
Iberdrola and FCC Ámbito, a subsidiary of FCC Servicios Medio Ambiente, have launched EnergyLOOP to lead the way in the recycling of renewable installation components, one of the biggest medium- and long-term challenges facing the sector.
The initial objective is to recover the components of wind turbine blades, which are mostly glass and carbon fibres and resins for reuse in sectors such as energy, aerospace, automotive, textiles, chemicals and construction.
Through this initiative we are helping to promote the circular economy in Spain. The first shovel recycling plant, which opened on 1 June 2025, is located in Navarre (Spain), creating around 100 direct and indirect jobs over the course of the decade and representing an investment of nearly €10 million..