News
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08/05/2026 - 16:45 UTC +02:00Iberdrola renews distribution concessions in Brazil and doubles investments in the next 5 years to R$50 Bn (c. €9 Bn) Iberdrola has formalised the early renewal of three electricity distribution concessions in Brazil and, through its subsidiary Neoenergia , is launching a new investment cycle in networks of close to 50 billion reais (close to 9 billion euros) through to 2030. The new plan almost doubles the 27.5 billion reais invested over the last five-year period (2021–2025) and ushers in a new phase of growth based on the expansion, modernisation and digitalisation of electricity infrastructure. Iberdrola’s Executive Chairman, Ignacio Galán, highlighted the Brazilian Government’s management of the renewal of energy distributors’ concessions in the country. “This is an event of enormous importance for the electricity sector: it strengthens legal and contractual certainty and consolidates a stable and predictable regulatory environment—exactly what provides the confidence and predictability for international investors to expand their commitments in Brazil.” For Galán, “the predictability provided by the renewal will also make it possible to place orders for the equipment and materials required, which will boost industry and employment in Brazil at a time of intense global competition driven by electrification.” “In a world where electrification is essential to drive social and economic development, as well as self-sufficiency, competitiveness and sustainability, electricity networks are absolutely crucial,” Ignacio Galán said. The new cycle is being launched following the signing of the early renewal of the concessions of Neoenergia Coelba (Bahia), Neoenergia Cosern (Rio Grande do Norte) and Neoenergia Elektro (São Paulo and Mato Grosso do Sul). The extensions, which run for 30 years, add to the renewal obtained in 2025 for Neoenergia Pernambuco, in force until 2060, and to the original concession for the Federal District of Brasília (Neoenergia Brasília), granted in 2021 through to 2045. The early renewal recognises the strength of the Group’s management and guarantees a stable and predictable framework to continue investing, with a focus on customers and on the continuous improvement of service through technologies that increase the security and efficiency of the grid. This investment effort will drive the digitalisation of the networks, strengthen supply quality and expand its capacity to meet growing energy demand. In this way, the Group contributes to advancing the electrification of the economy and to the country’s industrial and social progress. Over the last four years, Neoenergia has also been the private company that has invested the most in infrastructure in Brazil, according to the Brazilian Association of Infrastructure and Basic Industries (Abdib). In 2025, total Group investments in Brazil reached 30 billion reais, including organic investments and the acquisition of minorities in Neoenergia. Serving a population of 40 million people, Neoenergia is Brazil’s leading power distribution group and is present in 18 Brazilian states and in the Federal District, with more than 750,000 kilometres of distribution lines, 8,000 kilometres of transmission lines and 4,000 MW of renewable generation capacity, mainly hydroelectric. READ MORE
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08/05/2026 - 14:56 UTC +02:00Iberdrola strengthens digital talent in the US with a responsible AI “Prompt-a-thon” Avangrid, the Iberdrola Group’s subsidiary in the United States , hosted its first “Prompt-a-thon” in Orange, Connecticut, last week — a pioneering initiative designed to enhance generative AI skills and their practical business application among early-career professionals. The initiative brought together participants from Avangrid’s Global Graduate Programme , who collaborated in teams to address real business challenges using AI tools , with a strong emphasis on responsible, human-centred adoption. Teams worked on projects aligned with key operational priorities, including electric vehicle adoption, optimisation of onshore wind farm performance, and improvements to the customer experience. The event highlighted AI as a strategic enabler for more efficient decision-making and innovation, combining technological capabilities with human judgement to strengthen collaboration and problem-solving. You can read the full story in the Avangrid Newsroom . READ MORE
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07/05/2026 - 11:38 UTC +02:00Iberdrola reaches 5 million MWh of electricity sold in Italy with new long-term contracts Iberdrola has reached 5 million megawatt hours (MWh) of electricity sold in Italy through long-term clean energy power purchase agreements (PPAs), following the signing of five new agreements with leading companies in key sectors of the country, such as the chemical, manufacturing, and food and beverage industries. The electricity supplied under these agreements is backed by 90 megawatts (MW) of new photovoltaic capacity on the Italian peninsula. The PPAs have been signed under the Energy Release 2.0 mechanism, promoted by the Ministry of the Environment and Energy Security, with the aim of accelerating the deployment of new domestic renewable capacity and offering the energy-intensive industrial sector a stable and competitive supply in a context of growing volatility, as well as contributing to the decarbonisation of its production processes. In this way, Iberdrola — Europe’s largest electricity company and one of the two largest in the world by market capitalisation — continues to expand its portfolio of long-term power purchase agreements and consolidates its position as a strategic industrial partner in Italy as well. Furthermore, the transaction highlights the Group’s ability to support the Italian business sector, collaborate with institutions and operate within mechanisms such as Energy Release 2.0, which integrate electrification, industry and decarbonisation. Iberdrola leads the European PPA market for the third consecutive year, according to the Pexapark Renewables Market Outlook 2026 report, and has agreements, backed by a broad portfolio of onshore and offshore wind and solar power generation, as well as a diversified generation mix, in Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil and Australia. These agreements form part of Iberdrola’s strategy to drive the electrification of industry, strengthen stable relationships with major customers and contribute to a more secure, self-sufficient, competitive and sustainable energy system, ready to respond to growing demand. READ MORE
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06/05/2026 - 12:13 UTC +02:00Iberdrola is holding a new edition of its Shareholders’ Conference in Pamplona Iberdrola has held a Shareholders’ Days in Pamplona, a series of in-person meetings that will take place in various cities across the country ahead of the Annual General Meeting scheduled for 29 May. Following the success of recent years, the Group has tripled the number of cities in which these meetings will take place to reinforce its commitment to shareholder engagement and to fostering a close relationship with them based on active listening. The Shareholders’ Days have so far been held in Valencia, Zaragoza and San Sebastián. Following the event in the Navarran capital, they will continue on 13 May in Madrid and on 26 May in Bilbao. Based on previous years’ experience, Iberdrola expects to bring together a total of more than 2,000 shareholders. As part of the company’s 125th anniversary celebrations, the Investor Relations team presented to Navarran shareholders at the Tres Reyes Hotel the key factors that have established Iberdrola as a global leader, detailing the profound transformation undertaken over the last 25 years, the main figures of its Strategic Plan up to 2028 and the strong performance recorded in the 2025 financial year, in which the company once again achieved a record profit of over €6.2 billion. The Shareholders’ Conference has established itself as a forum for direct dialogue between the company and its shareholders, where they can learn first-hand about the milestones shaping Iberdrola’s development, interact with the management team and, at the same time, attend the Annual General Meeting and receive the traditional commemorative gift. ‘125 Light Years’ Exhibition Attendees at the Pamplona event were able to view for the first time the ‘125 Light Years’ exhibition, which the company is launching to mark its 125th anniversary . Through a series of photographs and videos, the exhibition showcases Iberdrola’s evolution and innovative spirit, as well as the company’s connection with society. The exhibition features photographs from the company’s early days, including historical images and the creation of Hidroeléctrica Ibérica at the start of the 20th century. It includes iconic buildings, the first electrical installations and original documents reflecting the birth of the business venture. It also showcases scenes of the industrial development linked to the electricity supply, as well as the group’s evolution up to more recent milestones. Closer ties with shareholders and more incentives to participate The AGM will be held with the option of attending in person or remotely, and the Company has made extensive facilities available to its shareholders to participate remotely prior to the meeting via the corporate website, the shareholder helpline, instant messaging, email and postal voting. A major advantage is that the proxy forms consolidate all the holder’s shares – regardless of where they are held. This simplifies and facilitates participation, whilst offering greater security by including a QR code and an access code. Iberdrola is thus reinforcing the open, accessible and sustainable AGM model that the company has been developing for years, which also includes channels for ongoing dialogue with shareholders and investors , such as the Shareholder Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the agenda for the Annual General Meeting, and in line with its commitment to shareholder remuneration, the Board of Directors is proposing a supplementary dividend of €0.427 per share, in addition to the €0.253 per share already paid on 2 February as an interim dividend. Iberdrola will thus allocate €4.5 billion to dividends for the 2025 financial year. Furthermore, Iberdrola proposes to distribute a loyalty dividend of €1 gross for every 200 shares, subject to the General Meeting achieving a quorum of 70% of the share capital. READ MORE
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05/05/2026Iberdrola increases energy storage capacity in Spain with upgrades to the Valdecañas pumped-storage power plant Iberdrola España, Iberdrola’s subsidiary Spain, is enhancing energy storage capacity on the River Tagus through the implementation of technological upgrades at the Valdecañas facility (Cáceres, south-western Spain). The commissioning of these improvements increases the system’s total capacity by 355 MW and adds 210 GWh of storage, reinforcing renewable energy integration and improving the resilience and reliability of the electricity system. This facility has already successfully carried out its first pumping operations . The ‘gigabattery’ created by interconnecting two of Europe’s largest reservoirs – Alcántara and Valdecañas – enables the absorption of surplus energy from intermittent renewable sources (solar and wind) to be fed back into the system when these sources are unavailable and demand requires it. The upgraded configuration at Valdecañas also incorporates a 15 MW / 7.5 MWh hybrid battery, further increasing the Tajo system’s storage capacity by up to 210 GWh. This is equivalent to the average annual electricity consumption of 60,000 households, more than 4 million electric vehicle batteries, or more than two weeks of total electricity demand in Extremadura . This additional capacity enhances system flexibility and supports more efficient demand management, particularly during peak periods. In addition, the coordinated operation of the Valdecañas, Torrejón, Alcántara and Cedillo reservoirs — supported by active management of the Tiétar tributary through pumping — helps to mitigate flood peaks, reduce flood risk, preserve ecosystems and optimise strategic water reserves throughout the year. The full article is available on the Iberdrola España's Communication Room . READ MORE
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05/05/2026 - 12:38 UTC +02:00Iberdrola named ‘Investor of the Year’ in the UK for its investments in electrification ScottishPower, the Iberdrola Group’s UK subsidiary , has been named ‘Investor of the Year’ at the British Business Awards, an accolade that recognises its record investment of over €27 million to accelerate the future of clean energy in the UK. This investment drive is enabling the development of projects to boost electrification , including key infrastructure such as the Eastern Link and some of the world’s largest offshore wind farms, currently under construction off the coast of East Anglia. The jury highlighted the company’s sustained, long-term strategy in renewable energy, electricity grids and infrastructure, emphasising its contribution to increasing the resilience of the energy system and promoting a more efficient energy model. This effort translates into billions invested in the supply chain and the creation of thousands of jobs, leaving a legacy of modern electricity infrastructure capable of driving the British economy for decades to come. You can read the full story in the ScottishPower Media room. READ MORE
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04/05/2026 - 16:05 UTC +02:00Iberdrola, the only European electricity company to feature in every edition of the Dow Jones Best-in-Class World Iberdrola has once again been included in the Dow Jones Best-in-Class World (DJ BIC World) and Dow Jones Best-in-Class Europe (DJ BIC Europe) indices. The electricity company also remains the only European utility to have featured in all 26 editions of the global index. Only 10% of the 2,500 largest companies in the S&P Global BMI universe with the best long-term performance in economic, environmental and social aspects are included in the Dow Jones Best-in-Class World. The Dow Jones Best-in-Class family of indices, created in 1999, identifies the most advanced companies in sustainability within each sector, based on S&P Global’s Corporate Sustainability Assessment (CSA), and includes global, regional and national lists Iberdrola’s continued inclusion in these indices confirms the strength of its strategy and its focus on long-term value creation. The group regularly submits its environmental, social and governance (ESG) performance to assessment by leading international analysts and ranks among the sector’s frontrunners in the main rankings. These accolades received by Iberdrola complement other international sustainability indicators , such as MSCI, CDP Climate Change, Sustainalytics, ISS ESG, FTSE4Good, EcoVadis and S&P Global’s Sustainability Yearbook 2026. READ MORE
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04/05/2026 - 12:54 UTC +02:00Iberdrola reinforces its commitment to local communities in the US with over €52 million in tax contributions Avangrid, Iberdrola’s subsidiary in the United States , contributed more than €52 million in tax revenue from its facilities in 2025, helping to support the delivery of public services and infrastructure development in the regions where it operates. With a presence in 25 states and over 11 gigawatts of installed capacity, Avangrid plays a key role in ensuring electricity supply amid rising demand, while also generating a direct economic impact at both local and regional levels. These contributions help fund, among other areas, educational institutions, public investment projects and essential services such as roads, emergency services, libraries and community facilities, while also helping to reduce the tax burden on residents. In addition to its fiscal impact, Avangrid strengthens its social contribution through community support initiatives. In 2025, it allocated more than $200,000 to over 80 non-profit organisations across 20 states through its Community Sponsorship programme. Furthermore, the Avangrid Foundation awarded more than $3.1 million in grants to 73 organisations. You can read the full story at the Avangrid Media room. READ MORE
