News
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21/05/2026Iberdrola signs 10-year electricity supply agreement with Gonvarri Industries for facilities in four European countries Gonvarri Industries and Iberdrola are giving fresh momentum to industrial electrification in Europe through the signing of a 10-year renewable energyPower Purchase Agreement (PPA). The agreement covers the annual supply of 26,000 MWh of electricity to eight production facilities operated by Gonvarri Industries in four European countries, alongside guarantees of origin covering 100% of the electricity consumed at those sites. The partnership highlights the growing role of long-term agreements in supporting a more competitive and sustainable industrial model by ensuring access to reliable, European-sourced renewable energy at stable and predictable prices, while also contributing to the decarbonisation of industrial activity. Around 80% of the electricity supplied under the agreement will come from wind farms and the remaining 20% from solar photovoltaic facilities , all backed by guarantees of origin and supported by 15 MW of installed renewable capacity from Iberdrola. Through this agreement, Gonvarri Industries strengthens its commitment to electrification and renewable energy across its European operations, securing a stable and competitive energy supply that will help improve efficiency and reduce the Group’s carbon footprint. For Iberdrola, the partnership further reinforces its position as a leading energy partner for European industry and expands its portfolio of long-term supply agreements. According to the Pexapark Renewables Market Outlook 2026 report, Iberdrola remains the leading company in the European PPA market for the third consecutive year. The Group has agreements in Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil and Australia, supported by a diversified portfolio of onshore wind, offshore wind, solar and other generation technologies that ensure competitive and reliable supply. These agreements form part of Iberdrola’s strategy to accelerate industrial electrification, build long-term partnerships with major customers and contribute to a more secure, efficient and sustainable energy system capable of meeting growing demand. Josu Calvo, CEO of Gonvarri Industries, said: “This agreement marks an important step forward in our sustainability strategy, enabling us to advance the electrification of our production processes through renewable energy while continuing to decarbonise our industrial operations.” David Martínez, Head of Customer Business at Iberdrola España, added: “Partnerships like this help strengthen the stability and competitiveness of industry by providing long-term certainty around a sustainable and secure energy supply. PPAs are a key tool for encouraging investment, supporting industrial activity and advancing the electrification of the economy.” READ MORE
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21/05/2026 - 12:27 UTC +02:00Iberdrola invites Bilbao and its visitors to celebrate its 125th anniversary with music and Spain’s largest-ever drone show Iberdrola invites is inviting the people of Bilbao and visitors to the city to celebrate its 125th anniversary on 12 June with a free music festival and the largest drone show ever staged in Spain, both open to the public. From 4.00 pm, Doña Casilda Park will host a day dedicated to live music. The line-up features Juanes, Antonio Orozco, Rigoberta Bandini and Süne —four nationally and internationally acclaimed artists whose different musical styles will deliver a diverse programme designed to appeal to all audiences. The celebrations will continue with an unprecedented drone show: at 11.00 pm, a fleet of 1,500 drones will create illuminated figures and choreographed formations around the Iberdrola Tower in a spectacle visible from multiple points across Bilbao. Powered entirely by renewable energy, the large-scale display will celebrate Iberdrola’s contribution to innovation and sustainability, as well as its commitment to people through a unique shared experience combining technology, music and visual effects. The event forms part of a broader programme marking the company’s anniversary under the slogan “125 light years”, with initiatives aimed at employees, customers, shareholders and the general public. Highlights include the music festival taking place on 27 June in Madrid, featuring Lenny Kravitz, Manuel Carrasco, Ana Mena and Álvaro de Luna, as well as the concert on 28 November in Valencia featuring Estopa and Mafalda Cardenal. The programme also includes technology and art exhibitions, social initiatives, and the illumination of iconic buildings and landmarks — activities through which Iberdrola is sharing its history, closely linked to its contribution to development through electrification and its commitment to the communities where it operates. READ MORE
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20/05/2026 - 17:30 UTC +02:00Iberdrola signs new long-term electricity supply agreement in Washington Iberdrola has signed a new long-term power purchase agreement (PPA ) with Puget Sound Energy in Washington State through its US subsidiary Avangrid. The agreement strengthens the relationship between the two companies in the Pacific Northwest and secures the supply of clean energy from the Big Horn I wind farm in Klickitat County. With an installed capacity of 199.5 MW, the facility produces enough electricity to supply around 70,000 homes each year. The deal further builds on the long-standing partnership between Avangrid and PSE, which have already collaborated on three other projects in the region — Golden Hills, Lund Hill and Klondike III — representing a combined capacity of more than 600 MW. As part of the agreement, Avangrid will upgrade key components at Big Horn I, which has been operating since 2006, through a repowering programme designed to extend the wind farm’s lifespan, improve performance and secure operations for the next 20 years. The project is expected to create around 200 jobs during construction, with the upgraded facility scheduled to enter service in 2028. The agreement reflects Iberdrola’s continued commitment to investing in and modernising energy infrastructure in the United States, while advancing long-term solutions that strengthen grid reliability and support growing electricity demand. The Group currently has more than 11,000 MW of installed capacity across nearly 100 facilities in 25 US states. READ MORE
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20/05/2026Iberdrola opens Shareholder Information Desks ahead of its upcoming General Shareholders’ Meeting Iberdrola is today opening its Shareholder information desks in Madrid, Bilbao, Valencia, Valladolid and Zaragoza, where shareholders can go until 28 May to appoint a proxy or vote ahead of the upcoming General Shareholders' Meeting . TTo complete these procedures, shareholders only need to present their ID card — there is no need to bring a proxy or voting card. In addition, anyone who has already taken part in the process either at the information desk itself, by telephone or online will receive a commemorative travel backpack as a gift. The company, which will submit the results for the 2025 financial year for shareholder approval, arrives at the 2026 General Shareholders’ Meeting in a position of clear leadership as Europe’s largest electricity company and one of the two largest in the world by market capitalisation, which now stands at €135 billion. In line with its commitment to shareholder remuneration, the Board of Directors will propose a final dividend of €0.427 per share to the General Shareholders’ Meeting, in addition to the interim dividend of €0.253 per share paid on 2 February. The company is also proposing a participation dividend of €1 gross for every 200 shares (€0.005 per share for all shareholders), provided the General Shareholders’ Meeting reaches a quorum representing at least 70% of the share capital. The initiative once again reflects Iberdrola’s engagement policy, built around transparency, active listening and ongoing dialogue. Encouraging shareholder participation The General Shareholders’ Meeting will be held in both in-person and online formats, with a wide range of remote participation options available in advance through the corporate website , the shareholder helpline, instant messaging services and postal voting. The model reinforces the open, accessible and sustainable approach the Group has been developing for years. As an added incentive, shareholders who participate through the website or telephone channel will be entered into a draw to win one of 30 electric bicycles. To coincide with the General Shareholders’ Meeting, Iberdrola is also reinforcing and expanding its existing channels for dialogue with shareholders and investors, who can access services through the Shareholder Office, the Investor Relations Office and the Shareholder Virtual Assistant. In addition, the company will host conferences and in-person meetings in several cities across Spain, giving attendees the opportunity to learn first-hand about Iberdrola’s strategy, outlook and future challenges. Shareholders wishing to attend the General Shareholders’ Meeting online must register via the corporate website between 8:00 a.m. and 9:45 a.m. on the day of the meeting. Those attending in person must reserve their seat through the Shareholder Office or on the corporate website before 9:45 a.m. on 29 May. READ MORE
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20/05/2026 - 12:01 UTC +02:00Iberdrola to celebrate its 125th anniversary in Valencia with Estopa’s only concert of 2026 Iberdrola continues to unveil the cultural and music programme it has prepared to celebrate its 125th anniversary with people across Spain. The company has now announced that Estopa will perform their only concert of 2026 in Valencia on 28 November at the Roig Arena, with Mafalda Cardenal also joining the line-up. The Valencia concert follows the Iberdrola Music Festival, taking place on 27 June at the Iberdrola Music venue in Madrid, where audiences will see performances by Lenny Kravitz, Manuel Carrasco, Ana Mena, Álvaro de Luna and DJ Lola Bozzano. As announced by the artist himself, the Madrid show will also be Manuel Carrasco’s final concert in Spain until 2028. The company has linked both celebrations to fundraising for social projects led by five organisations with which it already collaborates: the Spanish Association Against Cancer; Action Against Hunger; the Tu Techo Foundation, which supports vulnerable young people and people with disabilities; Betania, which works with families affected by the storm in Valencia; and the Integra Foundation, which helps people facing social exclusion and people with disabilities access employment opportunities. Tickets for the Madrid festival are now available on the official anniversary website , while tickets for the Valencia concert will go on sale next Monday 25 May via the following link . The electricity company will also announce a third music event in Bilbao in the coming weeks as part of the anniversary celebrations. A nationwide programme open to everyone These concerts form part of the programme Iberdrola is bringing to cities across Spain under the slogan 125 Light Years, sharing its legacy with employees, shareholders, customers and the wider public throughout 2026. The programme includes technology and art exhibitions, community events and the illumination of landmark buildings and monuments, celebrating a history shaped by innovation, service to society and a long-standing contribution to progress through electrification, while also looking ahead to the future and reaffirming the company’s commitment to the communities where it operates. READ MORE
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20/05/2026 - 10:17 UTC +02:00Iberdrola is driving the electrification of maritime transport with a new shore power system in Spain Iberdrola España, a subsidiary of the Iberdrola Group in Spain, has completed the installation of an electricity supply infrastructure for docked vessels at the port of Pasaia (Gipuzkoa), known as Onshore Power Supply (OPS) , which allows ships to connect to the onshore grid whilst in port and use electricity from renewable sources. Thanks to this system, ships can switch off their auxiliary engines whilst berthed, reducing local emissions, improving air quality and also reducing noise pollution in the port area. With this project, Iberdrola is reinforcing its commitment to innovative solutions to accelerate electrification in hard-to-reach sectors such as maritime transport and port operations. OPS technology enables more efficient, cleaner and autonomous energy management in port, as well as reducing vibrations, noise and wear and tear on on-board equipment. You can read the full news story in the Iberdrola España Media room. READ MORE
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19/05/2026 - 15:53 UTC +02:00Iberdrola commemorates 125 years of loyalty to its roots and social commitment in Bilbao in the presence of the lehendakari Iberdrola has commemorated 125 years of its history in Bilbao at an event paying tribute to the people and institutions that have contributed to the company's century-long history. During the event, which was attended by the lehendakari, Imanol Pradales, a commemorative book was presented tracing the past, present and future prospects of Iberdrola in what is called the "era of electricity", as the International Energy Agency describes it. The book is structured around three main sections. The first reviews the history of Iberdrola from its origins in Bilbao in 1901. The second focuses on the company's profound transformation over the past 25 years, in which, thanks to investments in networks , renewables and energy storage and the drive for international expansion, Iberdrola has become Europe's largest electricity company and one of the two largest in the world by market capitalisation. Finally, the third section looks at the future of the electricity sector and Iberdrola's role in a period characterised by the electrification of the economy. In his address, Iberdrola's Executive Chairman, Ignacio Galán , stressed that this publication is, above all, a tribute to those who have made Iberdrola's track record of growth and service to society possible. "The Iberdrola of today is the result of a collective effort, a unifying project that has continued to grow without ever losing its Basque roots," said Galán. The General Representative of Bizkaia, Elixabete Etxanobe, highlighted that "only a society that nurtures its companies, supports them and creates the conditions for them to flourish can aspire to something as extraordinary as having world champions: companies that lead strategic sectors on a global scale and drive a value chain of SMEs, start-ups and talent." "Iberdrola is the best example of this. A company from here, with its history and its vision for the future anchored in this region," she added. For his part, the lehendakari stressed that "Iberdrola is a product of the first Basque industrialisation. And 125 years later, it is a key player in driving the industrial and technological renaissance of the Basque Country and Europe." "We share a commitment to a national regulatory framework that encourages investment in electricity networks and makes the most of the EU's economic and fiscal tools. The present and future of our industrial employment and activity — and the possibility of new projects coming to the Basque Country — are at stake," concluded Imanol Pradales. Other authorities at the event included the General Representative of Bizkaia, Elixabete Etxanobe, and the Mayor of Bilbao, Juan Mari Aburto, as well as members of the Board of Directors and Iberdrola's senior management team and representatives of employees, retirees, suppliers, shareholders and other organisations closely linked to Iberdrola's history. The event featured performances by the Bilbao Choral Society and the Bilbao Symphony Orchestra and was hosted by Anne Igartiburu. Celebration with society The commemoration of Iberdrola's 125-year history will also extend to society as a whole in a major event consisting of a music festival featuring nationally and internationally renowned artists open to the public, followed by a light show visible from much of the city. These events are part of the extensive programme the company is rolling out across Spain to celebrate its 125 years. Under the banner 125 years of light, the programme includes technology and art exhibitions, music festivals, social events and illuminations of landmark buildings and monuments to celebrate with the general public a journey defined by a commitment to people and their contribution to progress through electrification. READ MORE
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19/05/2026 - 10:06 UTC +02:00Galán calls for faster electrification and greater investment in networks to strengthen Europe’s industrial leadership Iberdrola’s Executive Chairman , Ignacio Galán, took part in the plenary meeting of the European Round Table for Industry (ERT) held in Gothenburg, Sweden, which featured contributions from European Commission President Ursula von der Leyen, Swedish Prime Minister Ulf Kristersson and Indian Prime Minister Narendra Modi. During the meeting, Ignacio Galán highlighted electrification as a key driver of industrial growth and an essential part of building a more resilient, competitive, sustainable and efficient energy system. He stressed the importance of expanding clean energy and strengthening energy infrastructure, particularly electricity grids and interconnections. He also welcomed recent progress in European Union energy policy and called for greater investment in grids and simpler administrative procedures to help accelerate electrification . In addition, he underlined the importance of stability and predictability in attracting investment. The summit focused on the impact of the current energy environment and the evolution of the EU’s competitiveness agenda. The plenary session also included discussions on the role of artificial intelligence in accelerating industrial transformation. Just one month ago, Iberdrola hosted a preparatory ERT meeting at its headquarters in Bilbao , where senior executives and advisers worked on the agenda for the plenary session in Sweden. Founded in 1983 and based in Brussels, the European Round Table for Industry (ERT) is a business forum that brings together around 60 chairmen and chief executive officers from major European companies committed to sustainable growth, job creation and strengthening Europe’s role globally. Together, these companies generate around €3 trillion in annual revenue, employ more than 6 million people worldwide and invest approximately €120 billion in R&D&I each year. READ MORE
