News
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23/12/2025Iberdrola España commissions a new substation in Plaza de España Iberdrola España, the Group's subsidiary in the country , through i-DE, its distributor in Spain, has commissioned the first feeders that supply distribution centres from the new substation that the company has built in the underground tunnels of Plaza España. Specifically, this substation , whose mission is to transform the voltage from 132kV in the grid to 15kV in the distribution network, will supply 26 distribution centres located in strategic locations in the capital. This project has been a major challenge due to its unique location, which has complicated the processing of the work, the complexity of the permits and its execution, due to the high volume of pedestrian and vehicle traffic, and the materials used, including historic paving stones that have been reused as far as possible. You can read the full story in Iberdrola España's Press Room . READ MORE
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22/12/2025 - 13:48 UTC +01:00Navantia Seanergies and Windar Renovables complete the monopiles for Iberdrola's East Anglia THREE offshore wind farm The business alliance formed by Navantia Seanergies and Windar Renovables has successfully completed the manufacture of 45 monopiles for the East Anglia THREE offshore wind farm, which Iberdrola is developing in the North Sea. This project represents the second order of monopiles completed for Iberdrola by the Navantia-Windar alliance. These substructures were manufactured at the monopile factory that both companies operate jointly at the Navantia shipyard in Fene (A Coruña). Each of the 45 monopiles has maximum dimensions of 84 metres in length, 1,800 tonnes in weight and 10.6 metres in diameter. These foundations are intended for the East Anglia THREE offshore wind farm , part of the East Anglia complex in British waters. For this same complex, specifically for the East Anglia ONE offshore wind farm, Navantia Seanergies previously built a substation and, together with Windar, 42 jacket-type foundations. When it comes into operation in 2026, the farm where the monopiles will be installed will have a generation capacity of 1,400 MW, enough to supply clean energy to 1.3 million homes. This new project joins those previously executed by Navantia Seanergies and Windar Renovables for Iberdrola in the United Kingdom, Germany and France, as part of a strategic collaboration that has exceeded €1 billion in orders over the last ten years. Part of the manufacturing for this project has been carried out in parallel with the Windanker offshore wind farm (315 MW), also for Iberdrola, in the Baltic Sea, for which both companies have manufactured 21 monopiles. READ MORE
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22/12/2025 - 12:21 UTC +01:00Iberdrola strengthens dialogue with UK shareholders with meetups in Glasgow and London Iberdrola continues its round of meetings with shareholders with two events held in the United Kingdom on 15 and 16 December. The electricity company organised these two meetups in the cities of Glasgow and London to bring together the company and investors and share with them the details of the 2025–2028 Strategic Plan . These meetings are part of the company's global commitment to the ongoing involvement of its shareholders in the day-to-day running of the Group, fostering a relationship based on trust, transparency and communication. The session held in Glasgow was attended by Ignacio Cuenca, Iberdrola's Director of Investor Relations, and Charles Langan, Chief Financial Officer (CFO) of ScottishPower, Iberdrola's British subsidiary , while the meeting in London was led solely by Ignacio Cuenca. Both executives held a discussion with shareholders present, outlining the main points of the Group's new strategic plan and the United Kingdom’s key role in this investment push. Iberdrola maintains a policy of engagement to promote ongoing, effective and close dialogue with our shareholders. In line with this commitment, multiple events have been organised throughout the year, including corporate, cultural and recreational events, to facilitate and encourage interaction and communication between all stakeholders. In addition to these latest events in the United Kingdom, in 2025 meetups have been held in Valencia, Bilbao and Madrid. All the information on these meetings can be found in the Shareholders’ Meetup section. In April this year, Iberdrola also launched a new shareholder engagement space on its corporate website. This new page reinforces and promotes shareholder participation through various channels 365 days a year. READ MORE
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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 150MW 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 150MW 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 500MW 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
