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23/01/2026 - 13:30 UTC +01:00Iberdrola strengthens its position in Davos as a key player in global energy debate Iberdrola's Executive Chairman , Ignacio Galán, concluded his participation in the World Economic Forum's annual meeting in Davos with a busy schedule of meetings with business leaders and international policy makers, consolidating the company's role as one of the major global players in the energy and electricity infrastructure sector. Over the last few days, Galán has held various meetings and participated in panel discussions focusing on major economic and geopolitical challenges, paying particular attention to the growth in electricity demand, the need to strengthen networks and the role of energy as a key factor in competitiveness and security. As part of this agenda, the Executive Chairman of Iberdrola held meetings with representatives from Qatar, with whom he exchanged views on opportunities for economic and energy cooperation. He met with the Prime Minister of Qatar and the CEO of Qatar Investment Authority (QIA), as well as leading figures in international politics such as Tony Blair, chairman of JP Morgan's International Council, with whom he discussed the global challenges arising from the transformation of energy systems. He also attended European forums, such as that of European Commission President Ursula Von der Leyen. In addition, he participated in high-level talks with US administration officials, including US Secretary of Energy Chris Wright, in a context marked by Iberdrola's strong investment push in electricity infrastructure across the Atlantic. He has also been in contact with members of the Spanish government, including Carlos Cuerpo, the Minister of Economy, Trade and Business, within the framework of Spain's institutional presence at the forum. In addition to these meetings, the Executive Chairman of Iberdrola participated in various panels and multilateral meetings with business leaders and representatives of international organisations, addressing issues such as the electrification of the economy , regulatory stability and attracting large-scale investment. With this agenda, Iberdrola is strengthening its position at Davos as a key player in the global energy debate, actively participating in the main forums for dialogue and cooperation alongside top-level political and economic leaders. The multinational's Executive Chairman defended Iberdrola's ambition in the energy sector. "To do important things, you need ambition, vision and capability. I believe we are in the right industry at the right time, and we have demonstrated throughout our 125 years that we are capable of achieving the goals we set out for ourselves." The Executive Chairman framed his speech within the context of Iberdrola's trajectory — 125 years of history and leadership — and emphasised the strategic decision taken more than two decades ago to invest "massively" in networks, renewables and storage, which has enabled the Group to grow more than tenfold. Iberdrola is currently the largest electricity company in Europe by market capitalisation and is among the two largest in the world, having exceeded €125 billion in market value. ‘Iberdrola has planned investments of close to €60 billion over the next four years, more than two-thirds of which will go precisely to the electricity grid industry. And to go forward with these investments, stable, predictable and incentivising frameworks are needed’, he reiterated. READ MORE
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23/01/2026Neoenergia Institute transforms the lives of 2.5 million people through more than 90 initiatives Neoenergia , a subsidiary of the Iberdrola Group in Brazil, has supported more than 90 social projects recognised as of public interest by the Brazilian authorities over the last year through the Neoenergia Institute. With grants of around €4.5 million (28 million Brazilian reais), the Institute’s investments have increased by 46% from the previous year in both federal and state initiatives. Since 2019, the Neoenergia Institute has allocated €14 million (84 million reais) through these legal mechanisms to develop social projects in culture and sport aimed at children, young people, the elderly and people with disabilities, as well as cancer patients. The 93 initiatives supported by the Neoenergia Institute, most of which are focused on art, culture and sport (71%), have benefited more than 2.5 million people in the Federal District, Bahia, Pernambuco, Rio Grande do Norte and São Paulo in 2025. You can read the full story at the Neoenergia Press Room . READ MORE
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23/01/2026 - 11:55 UTC +01:00Iberdrola has commissioned the largest batteries in Spain Iberdrola España, a subsidiary of the Iberdrola Group in Spain , has commissioned the first two large-scale battery storage systems in Spain, located in Alarcón (Cuenca). With a storage capacity of 60 MWh and a power output of around 30 MW each, the Romeral and Olmedilla batteries can store enough emission-free energy to supply electricity to more than 13,000 homes with electricity for two hours. Construction of the batteries generated more than 100 jobs and involved various national suppliers. Iberdrola has thus once again demonstrated that renewable energies drive skilled employment and industry in Spain. Battery storage is an innovative technology that maximises the use of clean energy. It also improves the quality of the electricity supply, ensuring the stability and reliability of electrical networks, while integrating and harnessing energy generated by renewable sources. The Romeral and Olmedilla batteries form part of a set of six Battery Energy Storage Systems (BESS) with a combined power output of 173 MW. The IDAE recognised this project as a Strategic Project for Economic Recovery and Transformation (PERTE), providing it with €37.5 million in funding. Iberdrola promotes efficient energy storage as a key lever for electrification and decarbonisation. To this end, the company is committed to large-scale storage through pumped hydroelectric power stations and small-scale storage through BESS. You can read the full story at Iberdrola España Press Room. READ MORE
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22/01/2026 - 13:28 UTC +01:00The Ekienea photovoltaic plant obtains preliminary government authorisation for construction in Spain Ekienea, a company led by Iberdrola España , a subsidiary of the Iberdrola Group in Spain, has obtained prior administrative authorisation from the Ministry for the Ecological Transition and the Demographic Challenge, marking a key milestone for the project and strengthening its plans to begin operations in 2027. What will become the largest photovoltaic plant in the Basque Country is an initiative promoted by Iberdrola España (75%) with the Basque Energy Agency (EVE), the Basque Government's energy agency (18%), Krean (Mondragón Corporation, 5%), and the Provincial Council of Álava (2%) through Enargi. The Ekienea project, with a planned investment of €90 million, will generate clean, local energy for industrial self-consumption and will produce around 155 GWh/year, equivalent to the consumption of some 45,000 households, reducing CO₂ emissions by around 15,500 tonnes a year and contributing to the Basque Country's decarbonisation and industrial competitiveness objectives. The project will create up to 300 jobs during peak construction periods, contributing to the economic development of the area, and will include various projects to promote coexistence with biodiversity. You can read the full story at the Iberdrola España Press Room READ MORE
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22/01/2026 - 13:17 UTC +01:00Iberdrola completes the sale of its business in Hungary for €171m Iberdrola has completed the sale of its business in Hungary after obtaining all the necessary authorisations to carry out the transaction. The company has sold 100% of the shares in Iberdrola Renovables Magyarország KFT, the owner of its business in Hungary, to a consortium formed by Premier Energy – which already acquired the company’s assets in Romania in 2024 – and a subsidiary of the Hungarian group iG TECH Capital. Through this transaction, the Group has received a total of €171 million, including the price of the company’s shares (€128 million) and a dividend distributed prior to completion (€43 million). The assets sold include 158 megawatts (MW) of operational wind capacity, commissioned by Iberdrola since it entered the country in 2008. Of this total capacity, 124 MW are already selling their energy on the open market after completing the 15-year regulated tariff period, while the remaining 34 MW will do so in less than one year. This transaction forms part of Iberdrola’s strategy to focus its investments on its core businesses – mainly regulated networks or generation with long-term contracts – and on key markets such as the United States and the United Kingdom. In line with this strategy, Iberdrola Energía Internacional has set other EU markets and Australia as investment priorities. READ MORE
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21/01/2026Energy resilience and electrification: cornerstones of energy industry development Ignacio Galán, the Executive Chairman of the Iberdrola Group , returned this year to one of the most important events in the global economy: the Davos Forum 2026, organised by the World Economic Forum between 19 and 23 January. During his intervention, he had the opportunity to speak to CNBC about the challenges currently facing the energy sector. Energy autonomy was one of the main topics of conversation, its importance having grown in recent years as a synonym for security, as Galán explained during his talk. This energy resilience, in a world with an ever-growing demand for electricity, can be achieved through heavy investment in power transmission and distribution networks , as well as in generation through technologies that do not rely on fossil fuels. Iberdrola’s Executive Chairman highlighted the investment being undertaken by countries such as the United Kingdom, which has quadrupled its funding in networks, and the United States, where some states have also doubled or tripled their commitment to electrification. This trend towards the electrification of industry is fully in line with Iberdrola's 2025-2028 Strategic Plan , whose objectives include a firm commitment to strengthening the path towards decarbonisation through a strong investment in upgrading and developing the electricity networks in these two regions. Ignacio Galán closed by highlighting Europe's commitment to using power that is not sourced from fossil fuels, where 50% of energy already comes from renewable sources, and nuclear energy, which contributes to decarbonisation targets that are currently close to 40%. The company continues to work towards electrification to bring power generated from multiple sources closer to supply points. READ MORE
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21/01/2026 - 14:11 UTC +01:00Galán: “Electrical networks will be a driver of global leadership and competitiveness” Iberdrola’s Executive Chairman, Ignacio Galán, has called for faster investment in electrical networks during his participation in the Annual Meeting of the World Economic Forum in Davos . In his view, “electricity networks will be a driver of global leadership and competitiveness”. Galán stressed that electrification “is unstoppable” because all new uses — data centres, electric vehicles, heat pumps… — already depend on electricity, and said that global demand will grow by 50% by 2035 and double by 2050. “That requires tripling investment in electrical networks, strengthening clean generation and providing regulatory certainty for investors,” he noted. In his opinion, it is necessary to transform and modernise many of the grids created over the last century for new uses and to promote new ones to meet growing electricity demand. The Executive Chairman defended Iberdrola’s ambition in the energy sector. “To do important things you need ambition, vision and capability. I believe we are in the right sector, at the right time, and over our 125 years we have shown that we are capable of achieving the goals we set ourselves.” Galán recalled that networks are the backbone of the electricity system and warned that, after years of strong investment in new generation capacity, “we now need networks capable of absorbing all that energy and delivering it to consumers and industry safely and competitively”. He also warned that without sufficient networks and interconnections, electrification will not be able to advance. In this context, Iberdrola’s Executive Chairman welcomed the European Commission’s European Grid Package for focusing on networks and called for the prioritisation of critical projects, faster permitting and adequate remuneration to attract capital to regulated activities that are essential for the transition. Galán also emphasised the commitment and urgency in the United States to improve electrical network infrastructure. In fact, states such as New York are talking about tripling their investment in transmission and distribution lines. During his speech, Galán argued that energy security is inseparable from national security and also called for technological pragmatism: “All technologies matter, but each country must use its natural resources: sun where there is sun, wind where there is wind; it makes no sense to plan against geography”. The Executive Chairman placed these messages within Iberdrola’s track record — 125 years of history and leadership — and recalled the strategic decision taken more than two decades ago to invest “massively” in grids, renewables and storage, through which the Group increased its size by more than tenfold. Today, Iberdrola is the largest utility in Europe by market capitalisation and is among the two largest in the world, having exceeded a market value of €125 billion. “Iberdrola is planning investments of close to €60 billion over the next four years, of which more than two thirds will be allocated precisely to the electricity grids sector. To undertake these investments, stable, predictable and incentivising frameworks are required,” he reiterated. READ MORE
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21/01/2026 - 11:53 UTC +01:00Ignacio Galán in Davos: "The day after presenting a plan, we are already thinking about how to surpass it. We can become the world’s largest electricity company" Iberdrola's Executive Chairman and CEO, Ignacio Galán, said in an interview with the prestigious Spanish business newspaper Expansión, on the occasion of his participation at the World Economic Forum in Davos 2026 , that in today’s complex geopolitical and economic environment, Iberdrola's firm commitment to electrification "means greater efficiency, lower costs and increased security for citizens. And electricity networks are a fundamental pillar of that energy security." Galán elaborated: "The electricity sector has a unique opportunity. What was traditionally a defensive industry has become a driver of economic growth, and electricity networks are the clearest example of this transformation." Ignacio Galán places no limits on Iberdrola’s growth ambitions: “A year ago, we knew we could surpass €100 billion in market capitalisation. Today, we are convinced that we can become the world’s largest electricity company. If we are currently valued at €125 billion with only 20% of energy consumption electrified, what could our value be if electrification reaches 40% or 50%, as even the most conservative forecasts suggest?”. In such a landmark year for Iberdrola, as the company celebrates its 125th anniversary, Galán describes leading the group as “a source of both pride and responsibility.” “First, towards those who came before us over the past 125 years. Second, towards the more than 46,000 people who work at Iberdrola today. And, of course, towards the society we have been serving for more than a century. We serve 100 million people who now, more than ever, demand electricity-based solutions to grow and develop.” You can read the full interview at: Galán: "Iberdrola can become the world's largest electricity company". READ MORE
