News
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26/05/2025 - 10:36 UTC +02:00Iberdrola Australia installs Golden Row at its Broadsound PV plant Iberdrola Australia, Iberdrola's international business in Australia, has successfully installed the first row of solar panels, known as the Golden Row, at its Broadsound Solar farm in Clarke Creek, Queensland. The so-called Golden Row is an important benchmark in terms of quality and compliance, as it plays a key role in approving the design, supervising the construction and ensuring that the PV project meets all required specifications. At Broadsound, 87 solar panels make up the Golden Row. Once completed, this 377 MWdc PV plant will have around 610,000 panels, generating enough clean energy to power more than 140,000 Australian homes. In addition to the PV plant, this project includes the installation of a 180 MW battery energy storage system (BESS). READ MORE
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22/05/2025 - 13:51 UTC +02:00Iberdrola continues its round of meetings with shareholders in Madrid ahead of its meeting on May 30 Iberdrola continued today in Madrid its round of meetings with shareholders at a meeting at Casa de América. The goal of this initiative, which began at the start of the year, is to promote a permanent, fluid and open dialogue with shareholders, who are at the core of Iberdrola's strategy, before holding its 2025 General Shareholders' Meeting on 30 May. Throughout the day, some 700 shareholders are expected to attend various presentations given by Agustín Delgado, Director of Innovation and Sustainability, Ignacio Cuenca, Director of Investor Relations, Julio Castro, CEO of Iberdrola Energía Sostenible España, Eva Mancera, CEO of i-DE, David Martínez, Director of Customer Business Spain, and Ana del Villar, Head of Shareholder Relations at Iberdrola España. In this way, the company continues with the round of meetings that began in January in Valencia and have continued in several Spanish cities. 10th Anniversary of the Engagement Policy This financial year Iberdrola's engagement policy is 10 years old. In 2015, the company's Board of Directors approved this strategy, which is set out in the Bylaws and whose main focus is its thousands of investors. The company chaired by Ignacio Galán was a pioneer in introducing this management strategy, which seeks to facilitate the participation of all its shareholders in its business project by promoting transparency, active listening and effective disclosure of its business activities on an ongoing basis throughout the year, involving them not only when the General Shareholders' Meeting is held. Iberdrola celebrates this anniversary with a new space for shareholder engagement. Multiple ways to participate All Iberdrola shareholders can participate in the meeting through a wide range of channels as long as they have at least one share registered in their name on 23 May. * Shareholders who are members of the OLA Shareholder Club will receive a company card with a personalised QR code to make voting quick and easy over the website votojunta.iberdrola.com . Club members may also participate by simply entering their number of shares or their club password on the same website. * This same website will also be available to all shareholders, whether they are members of the club or not, using their share number or electronic signature. * Voting will also be possible using instant messaging systems. To vote over this channel, shareholders will simply have to send a picture of their signed proxy and remote voting card by WhatsApp (to the number +34 682 333 782) or Telegram (to the Junta Iberdrola account ). * The e-mail address junta2025@iberdrola.es has been opened for shareholders who prefer to send their signed cards this way. * Shareholders who prefer to exercise their voting rights by telephone may do so by calling the toll-free number 900 100 019. * For those who wish to use the postal service, please send your signed card to Post Office Box 1.113, 48080 Bilbao. * The company will make information desks available to its shareholders in Bilbao, Madrid, Valencia, Valladolid and Zaragoza where they can delegate and vote from Wednesday 21 May until Thursday 29 May. As an additional incentive, a bathrobe will be given as a gift to shareholders who come to the in-person points and 30 electric bicycles will be raffled among those who participate over the corporate website or the telephone. The company also provides shareholders with information on a continual basis and promotes their ongoing engagement throughout the year through the Shareholders' Office and an interactive app for members of the OLA Shareholders' Club. In-person and online meetings are also held with shareholders in different cities in Spain throughout the year to foster ongoing dialogue, answer any questions, receive their suggestions and provide them with information about the company. The General Meeting – which Iberdrola is holding at a record high stock market value, with a market capitalisation of more than €100B – will submit to its shareholders the approval of the results for the 2024 financial year, in which the company invested €17B and increased its net profit by 17% to €5.612B. The agenda also includes the proposed distribution of a final dividend of €0.404 gross per share, which, added to the €0.231 interim dividend paid out in January, would bring the total distribution to the hundreds of thousands of savers who invest in the company to €0.635 per share, an increase of 15% over last year. In addition, the company has proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. READ MORE
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22/05/2025 - 13:44 UTC +02:00Iberdrola Spain and Tubos Reunidos sign a power purchase agreement (PPA) Iberdrola España, a subsidiary of the Iberdrola Group in Spain, and Tubos Reunidos Group, a group specializing in the manufacture of seamless steel tubes, have signed a long-term power purchase agreement (PPA) for their production centers in Álava and Vizcaya. Under this agreement, Iberdrola Spain will supply a total of 120 GWh of renewable energy during the term of the contract from around 10 MW of its solar photovoltaic portfolio, thus consolidating the collaboration between the two companies, which already included the supply of clean energy with guarantees of origin. This agreement highlights Iberdrola's role in the electrification of industry , enabling Tubos Reunidos Group to continue adopting and developing innovative and sustainable solutions for the manufacture of seamless steel tubes, and will help its customers meet their goals of reducing the carbon footprint associated with their end products. You can read the full story in the Iberdrola Spain press room. READ MORE
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22/05/2025 - 10:19 UTC +02:00East-West Digital: A New Iberdrola Company Launched at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg Iberdrola today announced the official launch of East-West Digital, a new company dedicated to the development and commercialization of AI-powered digital solutions for sustainability. East-West Digital will leverage innovations developed by Iberdrola Innovation Middle East, a leading global digital solutions Innovation Center established by Iberdrola at the Qatar Science and Technology Park in 2016. The announcement was made during a press conference held at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’, in the presence of senior dignitaries, business leaders, and media representatives. Notably, the event saw the special attendance of H.E. Dr. Álvaro Renedo Zalba, Ambassador of the Kingdom of Spain to Qatar; Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar; Mr. Pedro Azagra CEO of Avangrid; and Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital. Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: “The launch of East-West Digital marks a significant milestone in our ongoing efforts to foster innovation and sustainability in Qatar. This initiative is a testament to our ongoing collaboration with Iberdrola Innovation Middle East that began in May 2022. By leveraging cutting-edge AI technologies , East-West Digital will not only enhance our digital landscape but also contribute to global sustainability goals. This venture underscores our commitment to supporting projects that drive economic growth and technological advancement, reinforcing Qatar's position as a hub for innovation and excellence.” Mr. Pedro Azagra, CEO of Avangrid, said: “Iberdrola's launch of East-West Digital at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’ demonstrates our strong dedication to advancing the electrification of the global economy. This innovative initiative will leverage AI-powered solutions to develop smarter and more efficient grids, reduce external energy dependency, and boost competitiveness. By supporting local industries and generating employment opportunities, we aim to achieve not only technological progress but also economic stability and growth.” Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital, added: “East-West Digital is the natural progression of the work we began with Iberdrola Innovation Middle East. Our AI-based solutions are already enabling the electrification of the global energy system. East-West Digital will bring to market a portfolio of AI-driven digital solutions for business and government clients, working closely with integrators and strategic partners to scale technologies that support global sustainability goals. In doing so, we aim to align with broader efforts to support the growth of a knowledge-based economy and attract top talent, in line with the goals of Qatar National Vision 2030.” Iberdrola Innovation Middle East was established in Qatar in 2018 in the presence of Iberdrola Executive Chairman, Ignacio Galán, and leadership from the Qatar Investment Authority. The partnership gained new strength with the signing of a Memorandum of Understanding with Invest Qatar during the state visit of His Highness the Amir of Qatar to Spain in 2022, reinforcing a shared focus on digital innovation and sustainability through the establishment of a world-leading innovation center. The announcement at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’, aligned with one of the Forum’s core pillars – “Energy Supplies & Security” – focused on energy security and the future of global energy systems, underscoring the relevance and timing of this new venture READ MORE
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21/05/2025 - 11:43 UTC +02:00Iberdrola España installs its first microgrid in Spain at Schneider Electric's Barcelona plant Iberdrola España and Schneider Electric, a manufacturer of electrical components, inaugurated a microgrid at Schneider's plant in Barcelona. Iberdrola España , Iberdrola's subsidiary in Spain, was responsible for installing the 990 solar panels, the 5 electric vehicle charging points and the battery system, which has a storage capacity of 216 kWh. Schneider has also successfully converted its Molins de Rei, Barcelona plant into a Zero CO2 factory, hitting 100% of its decarbonisation targets. A microgrid takes advantage of storage and self-consumption to manage energy and use it when it’s most needed. The microgrid will control distributed resources to reduce its operating costs, increase its installation’s resilience and be more sustainable. Iberdrola is developing the ‘Microgrids as a Service’ concept, including solar, batteries and energy management software to help its customers get the most out of decarbonisation processes. This project is financed by the call for subsidies for new business model projects in the energy transition through the Institute for Energy Diversification and Savings (IDAE) under the framework of the Recovery, Transformation and Resilience Plan – Funded by the European Union – Next GenerationEU. You can read the full story at Iberdrola España's Press Room. READ MORE
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20/05/2025 - 16:00 UTC +02:00Ignacio Galán attends the official reception of the British Prime Minister at the EU-UK Summit Ignacio Galán, the Executive Chairman of Iberdrola , attended the official reception held at 10 Downing Street, London, at the invitation of Keir Starmer, the British Prime Minister, to mark the historic summit between the United Kingdom and the European Union. The event brought together prominent business leaders and political authorities to sign a new economic and energy cooperation agreement. Among the attendees were key figures such as the European Commissioner for Trade and Economic Security, Institutional Relations and Transparency, Maroš Šefčovič; the British Chancellor of the Exchequer, Rachel Reeves; the Secretary of State for Business and Trade, Jonny Reynolds; and the Secretary of State for Energy Security and Net Zero, Ed Miliband. The summit marks a turning point in post-Brexit relations, with a renewed focus on energy integration and lowering trade barriers. The new UK–EU agreement envisages lowering trade barriers on food and drink and energy taxation by linking the UK and EU emissions trading systems. Both sides have identified other areas where they will explore closer cooperation, including the possibility for the UK to participate in the EU's internal energy markett. Ignacio Galán welcomed the announcement and highlighted Iberdrola’s role as one of the leading investors in electricity infrastructure in the United Kingdom . “With plans to invest €28 B in the country by 2028, we support the UK government's approach to driving economic growth through closer cooperation on electrification and energy security,” he said, referring to the group's commitment to the UK market and electricity infrastructure there. READ MORE
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20/05/2025 - 11:14 UTC +02:00Iberdrola Mexico signs a PPA with Alstom to drive its commitment to sustainability Iberdrola Mexico, a country-based company, has installed photovoltaic panels at Alstom's plant in Sahagún, helping Alstom, a world leader in smart and sustainable mobility, take a major step towards implementing its sustainability strategy.This new installation, built on Alstom's third largest plant in the world, offers a production capacity of 583 kWh, which will generate around 1,220 MWh of energy per year, i.e. 16.8% of the plant's total energy consumption. The 1,080 photovoltaic panels installed cover more than 15,000 m2. This is the first photovoltaic plant at Alstom's facilities in the Americas. The project was developed under a power purchase agreement (PPA) , under which Iberdrola Mexico, through its Smart Solar service, will operate the facility for 20 years, while Alstom will consume the energy produced. The clean energy generated is estimated to reduce CO2 emissions by 0.43 tonnes per MWh. You can read the full story at Iberdrola Mexico's Press Room. READ MORE
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20/05/2025 - 11:12 UTC +02:00Iberdrola opens shareholder information desks to drive participation at the General Meeting Iberdrola is taking another step towards promoting participation in the General Shareholders' Meeting to be held on 30 May with the opening tomorrow and until 29 May of its shareholder information desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza. There they will be attended personally and you may delegate your representation or vote with your ID card without needing your proxy and voting card. In addition, you will receive a commemorative gift of a bathrobe even if they have already participated by phone or online. Iberdrola will hold an even more participatory, accessible, personal, sustainable, and innovative meeting this year, making multiple channels available to its shareholders for remote participation and the possibility of attending remotely, in addition to in-person attendance with reserved seating. The General Meeting – which Iberdrola is holding at a record high stock market value of close to €100 B – will submit to its shareholders the approval of the results for the 2024 financial year, in which the company invested €17 B and increased its net profit by 17% to €5.612 B. The agenda also includes the proposed distribution of a final dividend of €0.404 gross per share, which, added to the €0.231 interim dividend paid in January, would bring the total distribution to the hundreds of thousands of savers who invest in the company to €0.635 per share, an increase of 15% over last year. In addition, the company has proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. This financial year Iberdrola's engagement policy is 10 years old. In 2015, the company's Board of Directors approved this strategy, which is set out in the Bylaws and whose focus is its thousands of investors. The company chaired by Ignacio Galán was a pioneer in introducing this management strategy, which seeks to facilitate the participation of all its shareholders in its business project by promoting transparency, active listening, and effective disclosure of its business on an ongoing basis throughout the year, including them not only when the General Shareholders' Meeting is held. Iberdrola celebrates this anniversary with a new space for shareholder engagement . Multiple ways to participate All Iberdrola shareholders can participate in the meeting through a wide range of channels as long as they have at least one share registered in their name on 23 May. * Shareholders who are members of the OLA Shareholder Club will receive a company card with a personalised QR code to vote quickly and easily over votojunta.iberdrola.com . Club members may also participate by simply entering their number of shares or their club password over that same website. * That website will also be available to all shareholders, whether they are members of the Club or not, using their electronic signature or share number. * Voting will also be possible via instant messaging systems. To vote over this channel, shareholders will simply have to send a picture of their signed proxy and remote voting card by WhatsApp (to the number +34 682 333 782) or Telegram (to the Junta Iberdrola account). * The address junta2025@iberdrola.es has also been set up for shareholders who prefer to send their signed cards over this channel. * Shareholders who prefer to exercise their voting rights by telephone may do so by calling the toll-free number 900 100 019. * For those who wish to use the postal service, they can send their signed card to Post Office Box 1.113, 48080 Bilbao. * The company will also make on-site service desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza available to its shareholders where they can delegate and vote from Wednesday 21 May until Thursday 29 May. In addition to the free gift available at the customer service points, 30 electric bicycles will be raffled among those who participate over the corporate website or the telephone channel. In addition, the company provides shareholders with a constant flow of information and promotes their continuous involvement throughout the year through the Shareholders' Office and an interactive app for members of the OLA Shareholders' Club. Face-to-face and online meetings are held with shareholders in different cities in Spain throughout the year to foster ongoing dialogue, answer any questions, receive any suggestions and provide them with information about the company. READ MORE
