News
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19/12/2025 - 08:54 UTC +01:00Iberdrola strengthens its position in Australia with the acquisition of Ararat Wind Farm Iberdrola has reached an agreement to acquire 100% of the Ararat Wind Farm , located in the state of Victoria, Australia, from Partners Group and OPTrust. The project, with an installed capacity of 242 MW, has been operational since 2017. The asset sells most of its output through Power Purchase Agreements (PPAs) with large customers, providing predictable cash flows, and will benefit from increasing expected prices in an environment of increasing demand for renewable energy in Victoria. This acquisition also reinforces the company´s ability to supply its business customers portfolio with own generation in Victoria, a state targeting 95% renewable energy by 2035. Additionally, the wind farm is set to benefit from upcoming transport infrastructure projects, such as the Western Renewable Link and Project Energy Connect, increasing its options to export energy. The transaction reaffirms Iberdrola’s commitment to expanding renewable energy in Australia , in line with the country’s electrification strategy. The acquisition remains subject to certain conditions customary in this kind of transactions. Investment in line with the 2025-28 Plan This announcement comes after Iberdrola’s successful acquisition of Tungkillo BESS and being awarded Development Partner to VicGrid to develop the Victorian portion of the Victoria New South Wales Interconnector (VNI West), both investment deals signed in October this year, reinforcing Iberdrola’s commitment to assist Australia meet its clean energy targets. The acquisition of the Ararat Wind Farm is also consistent with Iberdrola Group's recently presented 2025-28 plan , which foresees total investments of more than €1 billion in Australia, a country with a AAA credit rating, focusing on core businesses and markets that offer income stability and predictability. Overall, the plan foresees a total investment of €58 billion, an amount that will be allocated 85% to countries with an A rating equipped with stable, predictable and attractive regulatory frameworks. The United Kingdom will be the main destination for investment, with €20 billion, followed by the United States, with €16 billion, the Iberian Peninsula, with €9 billion, Brazil, with €7 billion and other EU countries and Australia, with €5 billion. READ MORE
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18/12/2025Avangrid organises its 4th annual Energy Innovation Hackathon Avangrid, the US subsidiary of the Iberdrola Group , has held its 4th annual Energy Innovation Hackathon, demonstrating its commitment to talent as the company's foundation. This year brought together 181 students from 16 universities across the country, demonstrating Avangrid's growing confidence in attracting innovative talent nationwide. The uptick in participation compared to previous years reinforces a fundamental belief the company has: talent thrives where opportunity exists, where innovation has a real impact, and where Avangrid listens to and empowers talent across the United States. A panel of ten experts from different areas within Avangrid served as judges for the competition. You can read the full story in the Avangrid Press Room . READ MORE
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17/12/2025 - 10:21 UTC +01:00Iberdrola applies innovative solutions manufactured in Seville to protect its German offshore wind farm Windanker Iberdrola has selected the innovative solution from the Seville-based company Revestimientos Técnicos Sostenibles (RTS) to protect the 21 transition pieces at its Windanker offshore wind farm, currently under construction in German waters in the Baltic Sea. These structures, which are placed between the foundation and the tower of the wind turbines, have already been coated with a compound made from natural cork and designed specifically to withstand the demanding conditions of the marine environment. The transition pieces have been produced in Avilés by another Spanish company, Windar. RTS is a company in which Iberdrola has a stake through its international open innovation programme PERSEO , which seeks to promote entrepreneurial solutions related to the energy transition. Based in Utrera (Seville), RTS has evolved alongside Iberdrola from products for the energy refurbishment of buildings to now offering solutions to protect wind structures in marine environments, including both wind turbines and substations. The Windanker offshore wind farm will have a capacity of 315 MW and is expected to come on stream at the end of 2026, becoming the company's third in the German Baltic Sea, after Wikinger (Germany) and Baltic Eagle (Germany). Since December 2024, the Japanese company Kansai has participated in the project with a 49% investment, while Iberdrola retains the majority stake in this alliance with 51%. Iberdrola also has offshore wind farms in operation in the United Kingdom (West of Duddon Sands and East Anglia One) and France (Saint-Brieuc) and is developing East Anglia Two and Three in the United Kingdom and Vineyard Wind One in the United States. Iberdrola's total investment in offshore wind power amounts to €25 billion, of which around €10 billion corresponds to facilities in operation and €15 billion to projects under construction. PERSEO, driving energy innovation The investment in RTS is in line with the strategy implemented by Iberdrola through PERSEO, which has already invested in more than 30 companies and created an ecosystem with more than 300 start-ups and emerging companies that promote the electrification of the economy and a more secure, competitive and sustainable energy model. The programme carries out venture capital investments, strategic alliances, innovation calls and pilot tests that validate and accelerate the integration of new technologies. With investments of more than €400 million in 2024, Iberdrola is the private energy company that invests the most in R&D&I in the world, according to the European Commission. The Group plans to invest €1.6 billion in this area between 2025 and 2028. READ MORE
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16/12/2025 - 11:48 UTC +01:00Iberdrola and Microsoft strengthen their partnership with two long-term PPAs for 150 MW and the use of new global AI solutions Microsoft and Iberdrola today announced a new partnership to deepen their work together on energy and artificial intelligence projects . The partnership builds on the success of previous initiatives and includes the signing of two long-term power purchase agreements (PPAs) in Spain, the first that the two companies have signed in Europe. The agreement envisages expanding the use of Microsoft's Azure computing and cloud platform, the deployment of Microsoft Copilot and security and regulatory compliance solutions to boost Iberdrola's digital capabilities and promote the use of AI throughout the Group. Iberdrola has already migrated critical systems from different business areas to the Azure cloud, demonstrating its firm commitment to innovation and operational resilience. The two new PPAs in Spain, totalling 150 MW of contracted power, include the purchase of electricity from the Iglesias wind farm (in Burgos) and the El Escudo wind farm (in Cantabria). These contracts enable Microsoft to advance its goal of operating with 100% renewable energy in Europe, in line with its global commitments. They have been added to the three existing PPAs signed by Microsoft and Avangrid, Iberdrola's US subsidiary, between 2021 and 2025, which include Powell Creek Solar (in Ohio), Camino Solar (California) and the Juniper Canyon wind farm (Washington). In total, the companies have PPA contracts for around 500 MW of capacity in the United States and Europe. The partnership will also explore opportunities for work together supplying renewable energy, the use of waste heat in Spain — such as using heat from data centres in Zaragoza — electrified land, carbon credits and technological innovations such as hydrogen, battery storage and other solutions, together with Iberdrola and its subsidiaries in Europe, the US, Brazil and Australia. ‘This partnership with Iberdrola is a strong commitment to speeding up the energy transition and digital transformation in the industry. By combining Iberdrola's leadership in renewable energy with Microsoft's cutting-edge cloud and AI technologies, we’re not only advancing our sustainability goals, we’re also driving innovation and resilience for our customers and communities. Together, we’re setting a new standard for how technology and energy can drive positive change at scale,’ said Samer Abu-Ltaif, President of Microsoft for Europe, the Middle East and Africa. ‘This partnership will accelerate the adoption of AI across the Iberdrola Group to strengthen our leading digital capabilities and expand our renewable PPA portfolio with Microsoft, in line with both companies' strong commitment to combining major growth in electricity consumption with full decarbonisation. We’re pleased to announce today the signing of our first two PPAs in Europe, expanding our global partnership’, said Aitor Moso, director of Iberdrola's global customer business. READ MORE
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15/12/2025Ignacio Galán sees the European Commission’s package of measures on networks as a “key milestone” Ignacio Galán considers that the package of measures proposed by the European Commission to strengthen electricity networks represents a “key milestone in promoting security of supply and competitiveness in Europe through electrification”. The package marks a new approach to modernising and expanding network infrastructure, the backbone of the European energy system. It envisages a fivefold increase in EU funding for networks in the next multiannual budget, to €30 billion, and the construction of eight electricity highways to better integrate energy islands – such as the Iberian Peninsula – into the EU system and reduce fossil fuel imports. The executive chairman of Iberdrola has stressed that networks are “essential to maximise the expansion of renewable and domestic energies and storage infrastructure”, facilitating new uses of electricity and helping to reduce energy costs for industries and households. The measures proposed by the Commission also envisage accelerating electrification through more streamlined authorisation processes that contribute to the goal of ensuring that cheaper clean energy flows efficiently across all member states. Galán welcomed the promotion of the “tools” needed to prioritise “critical projects to reduce bottlenecks, streamline permit-granting procedures and encourage investment with stable regulatory frameworks”. “Now, it is essential that the Commission and the member states work together to implement these measures and remove any obstacles to investment in networks,” said the Iberdrola executive chairman, who also highlighted the essential role of low-voltage networks “so that EU industries and citizens can benefit from clean, indigenous and affordable electricity”. He also expressed the willingness of Iberdrola – the largest European electricity company by market capitalisation – to continue investing and creating jobs in the European Union. READ MORE
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15/12/2025 - 16:02 UTC +01:00Iberdrola continues its asset rotation plan with the sale of its gas plants for slurry treatment Iberdrola has reached an agreement to sell its portfolio of gas assets for slurry treatment in Spain – totalling 52 megawatts (MW) – to the energy services company Edison Next. The transaction includes five plants in operation – developed more than 20 years ago and operated during this period in excellent maintenance conditions – and four biomethane projects under development located in adjacent areas. The operation is part of Iberdrola's asset rotation and alliances plan, which seeks to focus its activity on businesses with great potential, such as electricity grids, and access more growth opportunities through the incorporation of top-tier partners, especially in renewable generation. In this regard, the Group has carried out various operations in recent months, such as the acquisition of its partner PREVI's stake in its Brazilian subsidiary Neoenergia and the subsequent announcement of a takeover bid to reach 100% of the capital; the alliance with Masdar to co-invest €5.2 billion euros in Iberdrola's largest offshore wind farm, East Anglia Three, located in the United Kingdom and with a capacity of 1,400 MW; and recent divestment agreements in Mexico, Hungary and France. READ MORE
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11/12/2025 - 11:17 UTC +01:00Iberdrola begins assembly of wind turbines for Portugal's largest wind farm, capable of supplying 128,000 homes With an investment of €350 million, Iberdrola has begun assembling the wind turbines for Portugal's largest wind farm, which will produce enough energy for 128,000 households, equivalent to the Spanish city of Valladolid, and w ill avoid more than 230,000 tonnes of CO₂ per year. This pioneering project reinforces the company's leadership in electrification , contributes to Portugal's national energy independence and is a significant contribution to achieving the objectives of its National Energy and Climate Plan. Comprising the Tâmega Norte and Tâmega Sur wind farms, the project is part of the agreement signed with the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management. It will also have a long-term supply agreement (PPA - Power Purchase Agreement ). The hybridisation of both technologies allows wind and hydroelectric energy to share the same connection infrastructure to the electricity grid , reducing connection infrastructure costs, accelerating the integration of renewables and minimising environmental impact. It also reinforces the role of the Tâmega Eletroprodutor System as an anchor for Portugal's electrification. Located between Braga and Vila Real, the farm will have 38 Vestas EnVentus V172 wind turbines – developed by Vestas, they are the largest and most powerful on the onshore wind market – with 7.2 MW , 85-metre blades and a tower height of 114 metres. In total, it will produce 601 GWh per year. In addition to avoiding the emission of 230,000 tonnes of CO₂ per year, the project will have a significant economic impact, creating 700 direct jobs at its peak of construction and involving Portuguese companies such as CJR, Conduril, Socorpena, Painhas and Proef. The components are manufactured in different European countries, reinforcing the commitment to European industry and collaborative innovation. Construction will continue until the third quarter of 2026, and all wind turbine material will be transported before the end of the first quarter. Environmental measures Protecting the ecosystem is a priority in the construction of the Tâmega Wind Farm. To this end, Iberdrola guarantees permanent environmental monitoring, with teams of biologists and archaeologists, to apply good practices and reduce the impact of the work. Continuous monitoring of local biodiversity — including birds, bats and other mammals, flora and habitats — will be carried out to identify additional measures and deepen scientific knowledge of the region. In addition, compensatory actions will be implemented to improve habitats and, upon completion of the work, the Landscape Recovery Plan will ensure the integration of the project into the territory. This commitment also includes measures to minimise social disruption, ensuring transparency and dialogue with local communities. How to transport 85-metre blades? A major challenge * More than 110 blades will leave the port of Aveiro. In the final phase of transport to the construction/assembly area, transport will be carried out using an innovative system: a blade lift, a pioneering technology in Europe that allows the operation to be carried out safely. * This equipment allows the blades to be rotated vertically or horizontally using a hydraulic mechanism to which the blade is attached for transport, reaching inclinations of up to 60º. This allows it to negotiate sharp bends, slopes and other obstacles, adapting to existing roads. * This solution reduces environmental impact, avoiding changes to the road layout and ensuring safety throughout transport. This project reinforces Iberdrola's leadership as the largest investor in renewable energy in Portugal over the last 10 years, with more than €2.2 billion invested and more than 1,400 MW already installed. The company is now the largest electricity company in Europe and the second largest in the world by market capitalisation, playing a central role in electrification and the promotion of sustainable solutions. READ MORE
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10/12/2025 - 11:49 UTC +01:00Iberdrola builds its first photovoltaic plants in the Valencian Community in Spain Iberdrola España , the Group's subsidiary in the country, has begun construction of its first two photovoltaic plants in the Valencian Community, in eastern Spain, which will involve an investment of €252M and will have a total capacity of 366 megawatts (MW), helping to increasing the region's energy autonomy. The Cofrentes I (184 MW) and Ayora 1 (182 MW) plants, both in the province of Valencia, will generate more than 650,000 MW/h a year of clean, competitive and local energy capable of supplying approximately 200,000 homes and preventing the release of 52,000 tonnes of CO2 emissions into the atmosphere each year. The Cofrentes I and Ayora 1 facilities have different projects to ensure coexistence with biodiversity . Work will also be done on areas of habitats that are in the region’s interest, which will involve the recovery of abandoned land near the facilities. Agroforestry perimeter plantations are also being considered among other measures to integrate the photovoltaic plants into the landscape. These actions are part of Iberdrola's Convive Programme , which was created as a continuous improvement plan that integrates all the initiatives and partnerships for the coexistence of renewable energies and their contribution to socio-economic development and the conservation of biodiversity. You can read the full story at Iberdrola España press room. READ MORE
