News
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15/05/2026 - 17:03 UTC +02:00Iberdrola completes first phase of the Noronha Verde project in Brazil, with 4,800 solar panels installed Iberdrola has completed the first phase of the Noronha Verde project in the Fernando de Noronha archipelago (Brazil). The company has already installed 4,800 solar panels – 15% of the total planned – and begun tests to start supplying energy to the island's electricity grid. This pioneering initiative integrates solar generation and battery storage to turn Fernando de Noronha into the first inhabited oceanic island in Latin America with a highly sustainable energy model, setting a benchmark in self-sufficiency, security and efficiency. The project, developed by the Group's Brazilian subsidiary, Neoenergia, will feature more than 30,000 solar panels, represents an investment of 350 million reais (more than €50 million) and will be completed by the end of 2026. It is being developed in an environment recognised by Unesco as a Natural Heritage of Humanity. Noronha Verde will make it possible to eliminate the use of fossil fuels in the island's electricity generation, replacing them with renewable sources and clean technologies. The future solar plant will incorporate advanced battery storage systems and will reach an installed capacity of 22 MWp, with 49 MWh of storage, enough to cover consumption equivalent to that of 9,000 homes. This will help reduce the current dependence on biodiesel generation. The project, presented last November by Iberdrola's Executive Chairman, Ignacio Galán, and Brazil's Minister for Mines and Energy, Alexandre Silveira, is being developed in partnership with the Federal Government and the Government of the State of Pernambuco. It forms part of the Mais por Noronha programme, which promotes electrification initiatives and new energy solutions on the island, including the installation of solar systems in homes and accommodation, the development of charging infrastructure and distributed microgeneration, the introduction of electric vehicles and the deployment of smart electricity grids . READ MORE
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15/05/2026 - 10:35 UTC +02:00Iberdrola secures Ofgem backing to drive two strategic grid projects in Scotland ScottishPower Energy Networks, the distribution arm of ScottishPower, a subsidiary of the Iberdrola Group in the United Kingdom , has secured Ofgem approval for early funding of around €173 million (£150 million) for two strategic electricity transmission projects in Scotland. This decision supports the development of key infrastructure to accelerate electrification , strengthen system resilience and facilitate the integration of more renewable energy into the British energy mix. The Tealing to Kincardine Upgrade Project (TKUP) and Denny to Wishaw Network Upgrade (DWNO) are part of the ASTI (Accelerated Strategic Transmission Investment) regulatory framework, designed to drive priority investment in electricity networks across Great Britain, and are included in the company's RIIO-T3 plan. Both developments will increase the capacity of the transmission network and modernise essential infrastructure to meet growing electricity demand and support the electrification targets set out in the Clean Power 2030 plan. Through this investment in infrastructure, Iberdrola reinforces its commitment to a cleaner, more efficient energy model that is better equipped to meet future energy needs. You can read the full story in the ScottishPower Energy Networks newsroom . READ MORE
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15/05/2026 - 10:22 UTC +02:00Iberdrola promotes innovative solutions for sustainable management in the United States Avangrid, filial del Grupo Iberdrola en Estados Unidos , impulsa soluciones de gestión sostenible en cuatro de sus plantas fotovoltaicas de Oregón y Washington con la ayuda de más de 5.000 ovejas para el control de la vegetación. Esta práctica, conocida como solar grazing, contribuye a mantener las instalaciones en condiciones óptimas y reducir el riesgo de incendios durante los meses de más calor. La iniciativa refuerza el compromiso del Grupo Iberdrola con una operación renovable segura, eficiente y respetuosa con el entorno, al tiempo que promueve la colaboración con agentes locales y la integración de actividades tradicionales en el desarrollo de infraestructuras limpias. Tras la evolución positiva de esta experiencia en los últimos años, Avangrid valora ampliar esta solución a otros proyectos solares en Estados Unidos. La iniciativa se enmarca en la apuesta de Iberdrola por soluciones innovadoras que combinan sostenibilidad , eficiencia operativa y creación de valor compartido en las comunidades donde está presente. Puedes leer la noticia completa en la Sala de comunicación de Avangrid . READ MORE
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14/05/2026 - 15:33 UTC +02:00Avangrid advances electricity network modernisation with Clarkson University Avangrid, the subsidiary of the Iberdrola Group in the United States , is partnering with Clarkson University on a research project aimed at advancing the modernisation of electricity networks and strengthening the resilience of the energy system. The initiative focuses on three strategic areas for electrification : network capacity, electric vehicle charging and battery energy storage. The partnership seeks to develop practical, data-driven solutions to improve network planning, optimise investment and facilitate the integration of new electricity demand. Key areas of work include analysing network reinforcement needs, studying electric vehicle charging patterns and assessing the role of battery storage in improving supply reliability and reducing congestion. The project reflects Iberdrola’s commitment to innovation and to collaboration with the academic sector in accelerating the development of smarter , more flexible infrastructure ready for the energy transition. Through initiatives such as this, the company is helping to advance key solutions for decarbonisation and the transformation of the networks of the future . You can read the full story in Avangrid’s news room . READ MORE
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14/05/2026 - 11:43 UTC +02:00Iberdrola holds a new edition of its Shareholders' Day in Madrid Iberdrola has held a new edition of its Shareholders' Day in Madrid, a series of in-person meetings across different cities in Spain ahead of the General Shareholders' Meeting scheduled for 29 May. Following the success of recent years, the Group has tripled the number of cities where these events are taking place to strengthen its commitment to shareholder engagement and to fostering a relationship of proximity and active listening with them. The Shareholders' Meetings have been held so far in Valencia, Zaragoza, Pamplona, and San Sebastián. After its stop in Madrid, the event will continue on 26 May in Bilbao. Based on past experiences, Iberdrola expects to gather over 2,000 shareholders in total. As part of the celebration of Iberdrola's 125th anniversary , the company presented to shareholders the key milestones that have established Iberdrola as a global benchmark, detailing the profound transformation carried out in the last 25 years, the main aspects of its Strategic Plan 2025-2028 , and the solid performance registered in 2025, when the company reached a record profit of more than €6.2 billion. Several company executives participated in the event, including Ignacio Cuenca, Director of Investor Relations; Roberto Fernández Albendea, Corporate Sustainability Director; Mario Ruiz-Tagle, CEO of Iberdrola España; Asís Canales, Global Director of Resources and Services; and Rafael Orbegozo, Advisor to the Chairman. The Shareholders' Days have become a space for direct dialogue between the company and its shareholders , where they can learn firsthand about the milestones shaping Iberdrola's evolution, interact with the management team and, at the same time, participate in the General Shareholders' Meeting and receive the traditional commemorative gift. 125 Light Years Exhibition Attendees at the event were also able to see for the first time the 125 Years of Light exhibition that the company is launching to mark its 125th anniversary, showcasing through a series of photographs and videos Iberdrola’s evolution, its innovative spirit and its connection with society. The exhibition features photographs from the company’s early years, including historic images and the creation of Hidroeléctrica Ibérica at the beginning of the 20th century. The exhibition includes landmark buildings, early electricity installations and original documents reflecting the birth of the business project. It also showcases scenes of the industrial development associated with electricity supply, as well as the Group’s evolution through to more recent milestones. Close engagement with shareholders and greater incentives for participation The General Shareholders’ Meeting will be held with both in-person and remote attendance options, and the company has made extensive facilities available for shareholders to participate remotely ahead of the meeting through the corporate website, the Shareholder Helpline, instant messaging, email and postal voting. One major advantage is that proxy voting cards consolidate all of the holder’s shares, regardless of where they are deposited. This simplifies and facilitates participation while offering enhanced security through the inclusion of a QR code and access key. Iberdrola is therefore strengthening the open, accessible and sustainable meeting model that the company has been developing for years, which also includes permanent communication channels for shareholders and investors, such as the Shareholder’s Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the agenda for the General Shareholders’ Meeting, and in line with its commitment to shareholder remuneration, the Board of Directors is proposing a final dividend of €0.427 per share, in addition to the €0.253 per share already paid on 2 February as an interim dividend. In this way, Iberdrola will allocate €4.5bn to dividends corresponding to financial year 2025 . In addition, Iberdrola is proposing the distribution of an engagement dividend of €1 gross for every 200 shares, subject to the quorum for the General Shareholders’ Meeting reaching 70% of share capital. READ MORE
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14/05/2026 - 09:43 UTC +02:00Iberdrola begins commissioning of the Tâmega Complex wind-hydroelectric megaproject Iberdrola is consolidating its leadership in renewable energy with the commissioning of the Tâmega Norte wind farm, located between Braga and Vila Real, in the Portuguese municipalities of Cabeceiras de Basto and Montalegre. It is the first of two wind farms that form part of the Tâmega Complex . It is the first grid-connected wind-hydro hybrid project on the Iberian Peninsula. It will consist of two wind farms (north and south) linked to a large pumped-storage hydroelectric system . This combination allows both technologies to complement each other and store energy to be released when the system requires it. From a technical and operational perspective, hybridisation facilitates the sharing of grid connection infrastructure, reduces environmental impact and improves the stability of the electricity system by accelerating electrification. Tâmega Norte will have a capacity of 195 MW, distributed across 27 state-of-the-art Vestas wind turbines, each with a capacity of 7.2 MW and a rotor height of 172 metres, making it one of the onshore projects with the highest-capacity equipment installed by the company. Its implementation has been a challenge due to weather and environmental conditions during the breeding season of certain species, which significantly affected the construction schedule during the spring and summer months. During the peak construction phases of the Tâmega Norte wind farm, there was a significant impact on employment, with around 150 people involved, including transport, installation, crane, health and safety (HSE), external supervision and Vestas staff. Connection via REN The annual output generated by Tâmega Norte will be approximately 414 GWh, whilst at Tâmega Sul, currently under construction, it will be 185 GWh. The electricity will be transmitted using the complex’s existing infrastructure. The connection is made via the Red Eléctrica Nacional (REN) hub in Ribeira de Pena: northwards from the Daivões substation, and southwards from Gouvães. The total investment for the two wind farms amounts to €346 million (TOTEX), of which €237 million is for Tâmega Norte and €109 million for Tâmega Sur. The project has involved a large number of international and national suppliers, including Haizea Wind, a Basque group specialising in the design, manufacture and assembly of metal structures and cast components for the wind power industry, through its subsidiary HaizeaTecnoaranda, as a supplier to Vestas, a Danish company and leader in the supply of wind turbines. The Danish firm also has a research and development (R&D) centre based in Porto. In addition, firms specialising in civil engineering (all Portuguese) have taken part. The Tâmega wind farms will prevent the emission of more than 230,000 tonnes of CO₂ per year, a figure equivalent to the annual carbon absorption of millions of trees or the annual emissions of approximately 100,000 vehicles. The project has been developed in strict compliance with all the conditions set out in the environmental licence. Iberdrola is implementing preventive, corrective and compensatory measures, as well as monitoring programmes, to ensure that the environmental and socio-economic impact is as low as possible. The complex is financed by the European Investment Bank (EIB) and involves Norges Bank, in partnership with Iberdrola, which will hold a 49% stake once the plant becomes operational. State-of-the-art technology One of the most unique aspects of the project has been the use of BladeLifter technology to transport blades of considerable size. The complexity lies not only in their length, but also in the terrain: sharp bends and steep gradients. At Tâmega Norte, the BladeLifter has enabled the blades to be raised by between 25 and 30 degrees, facilitating passage along narrow roads without the need to widen tracks or carry out major civil engineering works. This solution reduces the impact on rural areas and avoids unnecessary interference with the landscape. The success lies with the professionals carrying out the work, who have extensive experience in handling these technologies. Each truck requires three professionals who work as if they were a single mind. Coordination is constant, supported by continuous radio communication. One drives, another controls the rotation and tilt of the bucket – capable of rotating 360 degrees on its own axis – and a third supervises the levelling and stabilisation of the whole unit. READ MORE
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13/05/2026 - 16:36 UTC +02:00Iberdrola strengthens its commitment to Australia with progress on its Broadsound solar power plant Iberdrola Australia, the Iberdrola Group’s subsidiary in Australia , has completed the installation of more than 600,000 solar panels at the Broadsound power plant, located in Queensland. The facility will combine 376 MW of photovoltaic capacity with a 180 MW battery storage system, reinforcing the Group’s commitment to reliable and manageable renewable solutions. When it comes online, Broadsound will generate enough clean energy to power around 145,000 homes , contributing to the progress of the energy transition in Australia. The project also incorporates solar tracker technology to optimise energy capture and maximise renewable output. This milestone reinforces Iberdrola’s position as one of the leading players in the Australian energy market, where it already has 2,500 MW of installed capacity and a broad portfolio of wind, solar and storage projects. The company plans to invest over €1 billion in the country by 2029, thereby consolidating its international growth in strategic markets. READ MORE
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12/05/2026 - 12:39 UTC +02:00Iberdrola expands its generation capacity in Italy to 450 MW with new wind project Iberdrola has reached an agreement to acquire a wind power plant with an installed capacity of 40 MW, located in Basilicata (Italy) from Belenergia, an Italian based renewable energy group, and RGREEN INVEST, a French investment firm focused on green infrastructure investments in the energy transition sector. The asset, which was commissioned in 2018 and benefits from a long-term incentive scheme that guarantees stable cash flows, is located close to the Lucania Complex, where Iberdrola is developing different plants including Montelungo PV (20 MW), which is currently under construction. This plant also adds to the Etruria Complex, which already has a capacity of 174 MW –following the recent acquisition of a solar photovoltaic plant in Lazio–, and to Fenix, a 243 MW solar photovoltaic project, the largest to date in Italy, bringing Iberdrola to approximately 450 MW of installed renewable capacity in the country. The transaction, which remains subject to customary closing conditions, strengthens Iberdrola’s portfolio in the region and underscores its firm commitment to continued growth in Italy, in line with its strategy of investing in generation technologies that promote energy security and competitiveness. The acquisition is also fully aligned with the Group’s Strategic Plan , which focuses on generation projects with long-term contracts in countries with strong credit ratings and stable, predictable and attractive regulatory frameworks. READ MORE
