News
-
15/09/2026 - 14:59 UTC +02:00Iberdrola completes its plan to transform the Valencia region's electrical network damaged by flooding after investing €100 million Iberdrola's Executive Chairman , Ignacio Galán, alongside the President of the Valencian Regional Government, Juanfran Pérez Llorca, today presented the results of the "Plan il·lumina", the initiative launched by the company to restore, modernise and strengthen the Valencian electrical networks following the 2024 torrential rains and flooding. With an investment of €100 million and the involvement of more than a thousand professionals, Iberdrola has thus completed the transformation of key infrastructure for the region's future development in a context characterised by the electrification of the economy. In addition to this extraordinary investment, the company plans to allocate nearly €2 billion to networks in the Valencia region up to 2031. Key initiatives carried out as part of the "Plan il·lumina" include the refurbishment of around 20 substations, the installation of more than 108,000 smart meters, the renovation of 940 transformer stations and the reconstruction of some 460 electricity pylons. The event, which brought together institutional representatives, suppliers, customers and Iberdrola staff, took place at the company's facilities in Torrent, which played a key role during the emergency caused by the flooding and in the subsequent implementation of the Plan. Ignacio Galán reiterated the company's commitment to developing robust networks that incorporate the latest digital technologies and help to drive the electrification of the Valencia region, its competitiveness and the creation of opportunities for locals. In his speech, he stated: "Today we can say with confidence that we have laid the foundations for Valencia to have the best electrical infrastructure ”. Galán thanked the staff at Iberdrola and the partner companies who took part in the response to the DANA and in the implementation of the Plan il·lumina, and offered his thoughts to all those affected by one of the worst natural disasters to have struck Spain so far this century. “That is the legacy of the il·lumina Plan: reaffirming our commitment to the Valencia region, so that it can take full advantage of the benefits of electrification in terms of energy security and autonomy, competitiveness and sustainability,” Ignacio Galán said. During the event, at which the actions taken were detailed, the strategic importance of networks in an increasingly electrified economy was emphasised. The growth in demand associated with industrial transformation, digitalisation and electric mobility requires infrastructure capable of supporting this development. Social initiatives following the DANA As part of its comprehensive response to the DANA, Iberdrola has also reinforced its commitment to the people and local authorities affected through various social initiatives. Notable among these are the refurbishment of the Catarroja School for Agricultural Foremen, in collaboration with the Valencia Provincial Council, as well as the reconstruction of children's playgrounds, improvements to the facilities at the Rosa Serrano School and the electrical refurbishment of the Municipal Market, in collaboration with Paiporta Town Council. Iberdrola has also collaborated with Loriguilla Town Council on the refurbishment of the Plaza de la Concordia and has worked with Valencia City Council and the Regional Government of Valencia on the installation of charging infrastructure for boats in the Albufera. These actions have been complemented by initiatives to support affected families and provide psychosocial care, carried out in partnership with organisations such as Nuevo Hogar Betania and the Red Cross. 125 light-years in the Valencia region: from the Salto del Molinar to smart grids The closing ceremony for the "Plan il·lumina" forms part of the celebrations marking Iberdrola's 125th anniversary, under the 125 Light-Years programme, and reflects the company's close ties with the Valencia region since its creation. Building on the pioneering hydroelectric development of the Salto del Molinar on the River Júcar, the region has played a leading role in significant milestones such as the roll-out of the country's first smart grids in Castellón, the construction of power stations such as the one at Cofrentes and the commissioning of pumped-storage facilities such as the one at Cortes-La Muela. READ MORE
-
15/09/2026 - 10:18 UTC +02:00Avangrid advances the modernisation of New York’s electricity network with Fraser substation expansion NYSEG, Avangrid’s electricity distribution company and a subsidiary of Iberdrola Group in the United States , has completed upgrades to the Fraser substation in New York State, marking a key milestone in its project to reinforce the electricity network in the southern Oneonta area. The company has expanded the facility with a new 115-kilovolt (kV) substation yard, which will allow several high-voltage transmission lines to be connected and improve the transmission of electricity to other substations in the area. It has also added a new transformer to the existing 345 kV infrastructure to meet the future energy needs of residential and business customers. The modernisation of the Fraser substation is the first phase of NYSEG’s southern Oneonta area improvement project. Upcoming work includes new transmission lines and further upgrades to the Delhi substation, with the entire project expected to be completed in 2027 . The project will help increase supply reliability, strengthen infrastructure resilience and meet growing electricity demand in the region. You can read the full news story in the NYSEG Newsroom . READ MORE
-
14/09/2026 - 11:30 UTC +02:00ScottishPower reinforces security at its East Anglia wind farms with new contract signing ScottishPower Renewables, the Iberdrola Group’s renewable subsidiary in the UK , has awarded Vroon Offshore Services (VOS) its first long-term contract in the offshore renewable energy sector. The agreement will provide emergency response and rescue services during the construction of the East Anglia TWO and East Anglia THREE offshore wind farms, located off the coast of Suffolk (UK). The contract, valued at more than €8.1 million, will allow VOS to deploy the vessel VOS Traveller from the port of Lowestoft to guarantee 24-hour surveillance, search and rescue services, medical assistance, logistical support and environmental monitoring during construction work on the offshore wind farms . East Anglia TWO and THREE will generate enough renewable electricity to power more than two million homes, in addition to supporting thousands of jobs during the construction and operation phases. The inclusion of VOS reinforces the supply chain taking part in the development of one of the largest investments in renewable energy in the UK and in the progress towards a cleaner, more sustainable energy system. You can read the full news article in the ScottishPower Renewables Newsroom . READ MORE
-
11/09/2026 - 12:30 UTC +02:00SP Energy Networks drives fleet electrification with an innovative fast-charging solution for electric vehicles SP Energy Networks, distributor for ScottishPower, the Iberdrola Group subsidiary in the UK , has begun deploying a new electric vehicle charging technology at three of its operational centres in the country. The company has collaborated with technology firm TUAL to install its PowerUp Charger system. This solution combines battery energy storage with continuous high-power charging, enabling ultra-fast recharges without the need for major infrastructure works or network upgrades. The technology is specifically designed for operational environments where there are space or electrical capacity constraints. In addition to facilitating fleet electrification , it also provides greater flexibility thanks to its relocation capability and improves operational resilience by incorporating energy storage that helps keep vehicles available even during power outages. This project is part of SP Energy Networks' broader strategy to incorporate innovative technologies that reduce emissions from its activities, while ensuring reliability and access to sustainable mobility for the whole of society. You can read the full news article in the SP Energy Networks News room . READ MORE
-
10/09/2026 - 17:27 UTC +02:00Avangrid receives two awards for its commitment to innovation in talent development Avangrid, Iberdrola Group’s US subsidiary , has received two HCM Excellence Awards from Brandon Hall Group. The awards recognise the best talent management and professional development initiatives worldwide. The company received a Gold Award in the Best Use of Games and Simulations for Learning category for its Rate Case Financial Acumen programme, and a Bronze Award in the Best Programme to Improve Employee Capabilities category for its Energizing Evolution open mentoring initiative. Both initiatives are designed to strengthen employees’ skills and promote continuous learning. These awards reflect the company’s commitment to talent development and to creating learning experiences that foster decision-making, innovation and value creation for the business. Through these training, learning and leadership initiatives, the Group is promoting a culture of continuous improvement and preparing its teams to respond to the challenges of an increasingly digital, resilient and sustainable energy system. Read the full story in the Avangrid Newsroom . READ MORE
-
09/09/2026 - 10:00 UTC +02:00Neoenergia steps up its use of artificial intelligence to anticipate the effects of El Niño Neoenergia, Iberdrola Group’s subsidiary in Brazil , is stepping up its use of artificial intelligence to anticipate the risks associated with extreme weather events such as El Niño and minimise their impact on the electricity supply. The company uses medium- and long-term weather forecasts alongside AI models to improve energy planning, optimise the operation of its assets and anticipate potential grid incidents. Neoenergia serves over 17 million customers in Brazil – equivalent to around 40 million people – through its five distribution companies: Neoenergia Coelba, in Bahia; Neoenergia Pernambuco; Neoenergia Cosern, in Rio Grande do Norte; Neoenergia Brasilia; and Neoenergia Elektro, which operates in the interior of São Paulo and Mato Grosso do Sul. In 2026 alone, Neoenergia has allocated around 30 million reais to artificial intelligence (approximately 5 million euros), both for the development of new solutions and for the implementation of platforms incorporating this technology. Among its applications is the analysis of thermal images and operational variables to detect patterns that enable the anticipation of grid failures and the carrying out of predictive maintenance, thereby reducing potential outages and their impact on customers. You can read the full story in the Neoenergia media centre . READ MORE
-
08/09/2026ScottishPower Energy Networks’ community fund tops €1.8 million in four months The inaugural transmission community benefit fund established by ScottishPower Energy Networks – Iberdrola Group’s network subsidiary in Scotland – to support communities hosting key electricity network infrastructure has already approved more than €1.8 million (£1.6 million) in funding since launching in April. The grants are targeted at local projects across central and southern Scotland in areas including South Lanarkshire, South Ayrshire, Scottish Borders, and Dumfries and Galloway, coinciding with one of the largest network modernisations in decades. The fund aligns with UK Government guidelines ensuring that communities hosting new transmission infrastructure receive long-term, locally managed benefits. In addition to supporting essential services, the fund will finance community, social and environmental projects surrounding new substations and power lines, with funding decisions guided by an independent panel to ensure support aligns with local priorities. You can read the full news story in the ScottishPower Energy Networks Media Centre . READ MORE
-
08/09/2026 - 13:30 UTC +02:00Iberdrola awards new contracts to Ingeteam and Ormazabal worth €30 million Iberdrola is continuing to strengthen its ties with the Basque industrial sector through new contract awards to leading companies such as Ingeteam and Ormazabal. The contracts were discussed at today's meeting of the company's Executive Committee of the Board of Directors in Bilbao. The Group has awarded Ingeteam contracts worth €25 million for work on battery energy storage systems (BESS) linked to renewable energy facilities in Spain. This technology is playing an increasingly important role in the electricity system, enabling greater integration of renewable energy while providing additional flexibility to the grid. Iberdrola has also awarded Ormazabal a contract worth almost €5 million for the design, manufacture and supply of two mobile substations to enhance the operational capacity of the electricity network. The equipment will strengthen the network's ability to respond to maintenance work, operational incidents and exceptional demand requirements. The new mobile substations have been designed to provide temporary support to network operations and help maintain continuity of supply under a range of operating conditions. The project is aligned with Iberdrola's objective of strengthening the resilience of electricity networks and equipping them with the capabilities needed to respond to an increasingly demanding and dynamic environment. Ingeteam and Ormazabal bring technological expertise and specialist know-how in key areas that are helping to advance electrification. These contracts form part of initiatives to modernise and strengthen electricity networks and expand energy storage capacity, both of which are essential to building a more self-sufficient, secure and competitive electricity system that is fit for the challenges of the future. The contracts will also support the involvement of Basque industrial suppliers in major electricity infrastructure projects and further strengthen a value chain capable of meeting future challenges. In addition, they underline the importance of continuing to invest in backup technologies that help ensure a reliable, high-quality electricity supply and improve network reliability, a key factor in supporting the continued growth of electrification. READ MORE
