News
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25/09/2025 - 10:51 UTC +02:00Neoenergia extends concession agreement for its Pernambuco distributor to 2060 Neoenergia Pernambuco, Iberdrola's subsidiary’s distributor in Brazil , has just become the first electricity distributor in the country to obtain an early extension of its concession agreement from the Ministry of Mines and Energy. Five years ahead of schedule, the new agreement guarantees the company the possibility of bringing forward investments of around €1B until 2029, accelerating improvement of the electricity system and benefiting more than 4 million customers throughout the state. Over the last 25 years, Neoenergia has invested more than €3.17B in Pernambuco, promoting the modernisation, digitalisation and expansion of electricity grids. Neoenergia Pernambuco's process was approved by Brazil's National Electric Energy Agency and the Ministry of Mines and Energy after a careful assessment of the distributor's supply quality and economic and financial health KPIs. The company demonstrated continuity and reliability of service, as well as the ability to maintain the investments required annually by the concession. You can read the full story at Neoenergia's Media Room. READ MORE
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24/09/2025 - 09:00 UTC +02:00Iberdrola will invest €58 bn to 2028 (+30%) to accelerate growth in Networks in US & UK Ignacio Galán, Iberdrola’s Executive Chairman, said: This plan aims to transform Iberdrola's profile into a more regulated company, with networks as a vector for growth. We will invest €58 bn by 2028, two-thirds of which will go to transmission and distribution networks, mainly in the United Kingdom and the United States. We expect to achieve a net profit of €7,6 bn in 2028, with around €20 bn allocated to dividends between 2024 and 2028. During this period, we will add more than 15.000 people to our workforce, make purchases of more than €65 bn to thousands of suppliers –supporting 500,000 jobs–, our tax contribution will exceed €40 bn, and we will invest €1,600 bn in R&D&I, while also achieving carbon neutrality by 2030. READ MORE
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23/09/2025 - 09:39 UTC +02:00Iberdrola to supply electricity to Amazon data centres in Oregon Iberdrola, through its US subsidiary Avangrid , has signed a power purchase agreement (PPA) with Amazon to supply clean electricity from a new photovoltaic project, Oregon Trail Solar. The 57 MW facility will be located in Gilliam County, Oregon, and will supply the tech giant's data centres in the region. This contract is in addition to others already signed by Amazon with the Iberdrola Group for projects in Germany, the United States, the United Kingdom, Portugal and Spain. In total, the US multinational has contracted 68,100 GWh of renewable energy from Iberdrola. With a capacity of 57 MW and an investment of $100M, Oregon Trail Solar will consist of approximately 100,000 solar panels and will begin operating in 2027. This is the second agreement between Avangrid and Amazon in the US’s northwest and follows on from a previous one, which includes the 98.4 MW Leaning Juniper IIA wind project, also in Gilliam County. The companies are working together on similar initiatives in Illinois, Ohio and North Carolina. You can read the full story in the Avangrid Media Room. READ MORE
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22/09/2025Iberdrola receives "Best Annual Report" award for excellence in sustainability communication Iberdrola was honoured with the Best Annual Report award at the 2025 Content Marketing Awards organised by the Content Marketing Institute (CMI), one of the most influential organisations in content marketing. This international recognition, which highlights the quality and editorial strategy of the electricity company's 2024 'Integrated annual report and sustainability information' , confirms the company as a benchmark in corporate communication. Iberdrola's document presents the group's main milestones in terms of sustainability , electrification and social commitment and has been praised for its clear and consistent structure, as well as for its use of multimedia resources that strengthen transparency and effectiveness in the dissemination of its information. Each year, the Content Marketing Awards recognise organisations that demonstrate excellence in the planning, execution and presentation of corporate content. The jury is made up of experts in communication, branding and digital strategy from around the world who evaluate criteria such as creativity, clarity of message and reputational impact. This award is in addition to the one recently given by the League of American Communications Professionals (LACP), which named Iberdrola the world's best utility in sustainability reporting, and the special recognition at the ARC Awards 2025 for the Chairman's Letter introducing the 2024 Annual Integrated Report and Sustainability Information. READ MORE
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22/09/2025 - 13:11 UTC +02:00Avangrid reaffirms its commitment to Artificial Intelligence at its fifth Digital Summit Avangrid, the US subsidiary of the Iberdrola Group , has held its fifth Digital Summit, under the slogan ‘Unlocking AI’, to showcase the cutting-edge tools that are driving innovation in customer service, operations, smart grids and energy production. Over two days, representatives from Accenture, Amazon Web Services, Convey, Deloitte, ESRI, EY, Hitachi Energy, IBM, Iberdrola Innovation Middle East, Microsoft, NTT Data, SAP, Schneider Electric and Wipro took part in demonstration sessions to present their most innovative digital products and services. These solutions, which incorporate technologies such as advanced analytics, artificial intelligence, machine learning and robotics , were analysed to solve challenges in the energy sector, with a focus on customer service, smart grids and energy production. You can read the full story in the Avangrid Media Room. READ MORE
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19/09/2025Iberdrola hits 10k public charging points in operation in Spain Iberdrola España, Iberdrola's subsidiary in Spain , in its commitment to promoting and facilitating access to electric cars, has reached 10,000 charging points in operation in Spain, a charging network that could already serve 1,000,000 electric vehicles. The company, firmly convinced of the energy transition and that emissions-free mobility that is also more efficient is possible, installed its first charging point in 2016. Today, 10 years later, it is the leader in charging in all power segments. The company currently has more than 2,700 high-power points in operation, 1,300 of which are ultra-fast, operated by Iberdrola | bp pulse, a partnership created in December 2023 by Iberdrola España and bp , the leading ultra-fast charging company at service stations in Spain, to drive the expansion of ultra-fast charging infrastructure. All of them use 100% green energy from renewable sources with a guarantee of origin, which, in addition to advancing electrification, promotes the transition to a fossil fuel independent system. You can read the full story at the Iberdrola España Press Room . READ MORE
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18/09/2025 - 17:05 UTC +02:00Iberdrola sells its business in Hungary for a total consideration of €171 million Iberdrola has reached an agreement to sell 100% of the shares of Iberdrola Renovables Magyarország KFT, which owns its business in Hungary, to a consortium formed by Premier Energy—who previously acquired the company’s assets in Romania in 2024—and to the Hungarian group iG TECH CC. Through this transaction, the Group will receive €171.2 million for the shares of the company and a dividend distributed prior to closing. The assets sold include 158 megawatts (MW) of operational wind capacity , commissioned by Iberdrola since entering the country in 2008. These assets will shortly be selling their energy in the wholesale market, once the regulatory 15-year tariff period ends. Currently, 124 MW are already operating in the free market, and the remaining 34 MW will do so in less than a year. The transaction is subject to ordinary regulatory approvals. This deal is part of Iberdrola’s strategy to focus its investments on key businesses and markets, mainly in networks in the United States and the United Kingdom , and in regulated or long-term contracted generation, where income stability and predictability are maximized. It is also fully in line with the concentration of activities of Iberdrola Energía Internacional to focus on core EU markets and in Australia . During 2025, Iberdrola has announced several long-term strategic alliances and asset rotation transactions . These include the recent agreement for the sale of its businesses in Mexico , and its partnership with Masdar to co-invest €5.2 billion in the 1.4 GW East Anglia THREE offshore wind farm in the United Kingdom. READ MORE
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17/09/2025 - 17:01 UTC +02:00Avangrid invests €200 million in the modernisation of two substations in New York State Avangrid, the US subsidiary of the Iberdrola Group , through its subsidiary New York State Electric & Gas (NYSEG), has begun modernisation works at the South Perry substation, located in Wyoming County, and at the Meyer substation in Dansville, both in New York State. The modernisation works are part of Avangrid’s €18.6 billion investment plan in electricity networks in the United States to upgrade critical grid infrastructure through to 2030, with the aim of meeting growing electricity demand and protecting communities from extreme weather events. The works at the South Perry substation, valued at more than €75 million, involve replacing infrastructure that is several decades old and will increase the reliability of electricity supply for more than 8,500 local customers. In addition, Avangrid will invest more than $113 million in the modernisation of the Meyer substation, which will enhance energy capacity, grid resilience and supply reliability for approximately 6,740 customers in the town of Dansville and nearby communities through its distribution lines. You can read the full news articles in the NYSEG Newsroom and the Avangrid Newsroom. READ MORE
