News
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05/11/2026 - 10:10 UTC +01:00Ignacio Galán discusses Iberdrola's leadership challenges and opportunities at a meeting with more than 300 employees Iberdrola's Executive Chairman , Ignacio Galán, has met with more than 300 professionals from across the Group to share his vision of the company's global leadership and the significant growth opportunities arising from increasing electricity demand and the progress of electrification . Held under the slogan Proudly Connected, the event took place at Iberdrola's Innovation and Training Campus in San Agustín del Guadalix, Madrid. It highlighted the connections between teams, businesses and countries, as well as the role of people in the 'Age of Electricity', as described by the International Energy Agency (IEA). The meeting coincides with Iberdrola's 125th anniversary and comes at a particularly significant time for the company, which has become the world's largest electricity company by market capitalisation during the year. Galán discussed the opportunities arising from this new energy landscape with attendees, as well as the need to accelerate investment in networks , generation and storage to strengthen energy security and independence, competitiveness and sustainability. The results for the first nine months of the year, presented a few weeks ago, underpin this growth potential. Iberdrola expects adjusted net profit to increase at an average annual rate of 10% over the next five years, regulated assets in networks to exceed €90 billion by 2030 and 15,000 MW of new capacity to be added between 2025 and 2030. READ MORE
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03/11/2026 - 19:51 UTC +01:00Ignacio Galán named an Honorary Fellow of the Madrid Association of Economists Iberdrola Executive Chairman Ignacio Galán has been named an Honorary Fellow of the Madrid Association of Economists in recognition of his “professional career and his contribution not only to making Iberdrola Europe's leading electricity company and the world's second largest, but also to making it a key driver of Spain's cohesion, growth and prosperity”. With this distinction, the professional body recognises Ignacio Galán as “one of Spain's most highly regarded business leaders, with an outstanding reputation and profile both nationally and internationally”. The award ceremony was held today in the auditorium of the Complutense University of Madrid and was presided over by Amelia Pérez Zabaleta, Dean and President of the Madrid Association of Economists. The laudatory address in honour of Galán was delivered by Pablo Hernández de Cos, General Manager of the Bank for International Settlements (BIS), former Governor of the Bank of Spain and a candidate for the presidency of the European Central Bank (ECB). In his speech, Hernández de Cos highlighted how “the ambitious growth strategy pursued by Ignacio Galán has enabled Iberdrola, 25 years after he joined the company, to establish itself as Europe's leading electricity company. Just a few weeks ago, it even reached the top position worldwide in the sector by market capitalisation. He recognised that electrification would play a highly significant role in the economy and knew how to turn that vision into investment and value creation”. He also emphasised the special significance of the appointment, which “recognises a career spanning more than five decades and closely linked to the major transformations of Spanish business”. “This ability to anticipate change and turn a vision into tangible results is precisely one of the qualities that best define Ignacio's career,” he said. A pioneering commitment to the electrification of the economy In his address, Ignacio Galán highlighted electrification as an opportunity for Europe to bring about “structural change”, moving from a model characterised by high energy expenditure and dependence on fossil fuel imports to one “based on high-value-added productive investment”. Making this possible will require estimated annual investment of more than €200 billion over the next decade, half of which will need to go towards electricity networks. Recalling that 2026 marks Iberdrola's 125th anniversary, he noted that the company reaches this milestone with assets worth €165 billion and a market capitalisation of €150 billion. Galán emphasised that “technologies, markets, people and the size of the company have changed, but the values of our founders have endured: hard work, commitment to the company, honesty, loyalty, teamwork, transparency and keeping our word”. The Iberdrola Executive Chairman also referred to the prospects for growth in electricity demand in what is known as the “era of electrification”. He said the company was facing “the strongest growth prospects in its history”, with investment potentially reaching €80 billion over five years, which could increase net profit to as much as €10 billion. For her part, Amelia Pérez Zabaleta, Dean and President of the Madrid Association of Economists, concluded by saying that “his admission to this Association not only enhances the standing of our institution, but also inspires us to continue championing professional rigour and business dynamism as the true driving forces of our society”. The Madrid Association of Economists With this distinction, Ignacio Galán joins the roll of honour of the Madrid Association of Economists, alongside some of the most prestigious figures in Spain's recent economic history, including Enrique Fuentes Quintana, Juan Velarde and Pablo Hernández de Cos, as well as prominent business leaders such as Isidoro Álvarez and César Alierta. The Association represents the economics profession and oversees the proper practice of the profession. As a public-law corporation, it also serves as a forum for training, networking and knowledge creation. Its origins date back to 1948, with the establishment of the National Association of Graduate Economists of Spain. The professional association model began to take shape between 1953 and 1954 and, following various stages and name changes, adopted its current name, the Madrid Association of Economists, in 1977. Its remit also extends to Ávila, Ciudad Real, Cuenca, Guadalajara, Salamanca, Segovia, Soria and Toledo. READ MORE
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03/11/2026 - 14:20 UTC +01:00Iberdrola strengthens its commitment to electric mobility through partnership with BYD in Spain Iberdrola España, Iberdrola Group’s subsidiary in Spain , and BYD have reached a strategic agreement to promote electric mobility in Spain through a solution combining home charging, energy tariffs and benefits across the public charging network. The partnership aims to make electric vehicles more accessible through an integrated offering that simplifies charger installation and helps optimise the cost of journeys. Customers purchasing a plug-in vehicle from BYD will receive a home charging unit when they arrange installation through Iberdrola. In addition, customers signing up for the Smart Charging Plan tariff will receive a discount on their energy contract equivalent to 10,000 kilometres of driving per year for three years. The agreement also includes benefits for charging away from home: a 50% discount across Iberdrola’s public charging network for the first six months, followed by a 20% discount through a free subscription to the Smart Charging + Plan. Through this partnership, Iberdrola is strengthening its commitment to the electrification of transport and to solutions tailored to drivers’ needs, both at home and on the road. The company has installed 100,000 public and private charging points in Spain and operates a public network with more than 12,000 charging points, infrastructure that underpins its commitment to electric mobility . You can read the full story in the Iberdrola España Newsroom . READ MORE
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02/11/2026 - 08:30 UTC +01:00Iberdrola and Norges Bank Investment Management expand their Eur 2 Bn renewable co-investment platform in Iberia with Tâmega wind project in Portugal The portfolio included the renewable co-investment alliance between Iberdrola and Norges Bank Investment Management’s surpasses 1,800 MW of total capacity after the incorporation of 274 additional megawatts (MW) corresponding to Tâmega wind project, located in northern Portugal and already in commercial operation. Tâmega Wind builds on the alliance’s rapid expansion, following the incorporation earlier this year of 646 MW of solar photovoltaic capacity to the joint venture, corresponding to the solar PV projects of Caparacena and Ciudad Rodrigo, in operation since the end of last year. The alliance is expected to continue expanding with additional renewable capacity, targeting to reach 2,300 MW already by next year. This is part of Iberdrola and Norges Bank Investment Management’s long-term strategic alliance to accelerate electrification , backed by more than €2 billion of investment. A long-term partnership Norges Bank Investment Management has assets under management of around €2.1 trillion and stakes in more than 9,000 companies worldwide, averaging 1.5% of all listed companies globally and 2.5% across Europe. Norges Bank Investment Management has been one of Iberdrola's largest shareholders for more than seven years, with a stake of around to 2.3 %. Building on this longstanding relationship, Norges Bank Investment Management joined forces with Iberdrola to make its first direct investment in renewable assets in Spain. This partnership brings together two leaders in their sector: Iberdrola, Europe’s largest utility and one of the two largest worldwide by market capitalisation, and Norges Bank Investment Management, one of the world’s largest sovereign wealth funds. Together, they are reinforcing a long-term strategic alliance that could expand into new renewable opportunities in additional markets. READ MORE
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30/10/2026Iberdrola strengthens its growth in Brazil’s transmission grid business after being awarded two projects spanning 834 km Iberdrola, through its subsidiary Neoenergia , has been awarded two electricity transmission projects in Brazil spanning 834 kilometres of power lines and involving an estimated investment of BRL 1.4 billion (approximately €231 million). The projects correspond to lots 1 and 7 in the latest auction held today by Brazil’s National Electric Energy Agency (ANEEL). Of the 834 kilometres included in the projects, 351 kilometres will be newly built. The works, which will be carried out in the states of Bahia and Paraíba, are expected to create more than 3,100 jobs. The infrastructure will help strengthen the security and increase the capacity of Brazil’s electricity system. In Bahia, lot 1 comprises 483 kilometres of existing lines and 238 kilometres of new lines, as well as 700 MVA of capacity. These facilities offer synergies with Neoenergia’s existing distribution and transmission operations in the region. In Paraíba, lot 7 includes 113 kilometres of new lines and 2,100 MVA of capacity, and also offers synergies with the company’s transmission and generation operations . The concessions will have a 30-year term from the signing of the contracts, scheduled for February 2027. Operations must begin within a maximum of 48 months for lot 1 and 42 months for lot 7. The award reinforces Iberdrola’s growth in the networks business, with a focus on creating long-term value. Neoenergia, one of Brazil’s leading electricity transmission operators, currently manages more than 8,000 kilometres of transmission lines in the country. READ MORE
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30/10/2026 - 08:52 UTC +01:00Iberdrola boosts energy efficiency in Brazil, benefiting more than 291,000 customers Neoenergia, a subsidiary of Iberdrola Group in Brazil , continues to make progress with its energy efficiency initiatives to promote more responsible use of electricity and generate savings for consumers. Between 2024 and 2026, its energy efficiency actions have benefited more than 249,000 customers in low-income communities by replacing around 1.15 million light bulbs and more than 2,400 refrigerators with more efficient equipment. The measures, implemented on an ongoing basis through the Energy Efficiency Programme of the Brazilian National Electricity Regulatory Agency (Aneel), have also reached more than 5,300 public and charitable institutions, such as hospitals, schools, nurseries, care homes and health centres. Efficiency improvements also extend to public spaces. Neoenergia has upgraded 83,000 streetlights with LED technology in 119 Brazilian municipalities. These are complemented by initiatives such as Vale Luz, which allows recyclable waste to be exchanged for discounts on electricity bills and which, since 2024, has collected 7,600 tonnes of materials, generating nearly €700,000 in discounts for customers. These actions are complemented by awareness-raising projects on responsible consumption , which have reached approximately 900,000 people since 2024 through classrooms and mobile educational units. You can read the full story in the Neoenergia Newsroom . READ MORE
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28/10/2026 - 08:36 UTC +01:00Neoenergia brings together experts and strategic partners to accelerate innovation in the energy sector Neoenergia, Iberdrola Group’s Brazilian subsidiary , has brought together suppliers, strategic partners, experts and professionals for a new edition of Expo Negócios, an event held as part of the company’s Digital Summit 2026. The event is designed to foster collaboration, share knowledge and promote innovative solutions that contribute to the transformation of the energy sector. The event featured a range of projects developed in collaboration with suppliers and technology partners, highlighting the value of open innovation and joint working in accelerating the digital transformation of the business and successfully addressing the sector’s future challenges. It also provided an opportunity for suppliers to exchange experiences and discuss technological trends with the potential to improve operational efficiency, optimise processes and enhance customer service. Participants also discussed the role of emerging technologies such as artificial intelligence , highlighting the importance of data quality, governance and collaboration between organisations in turning innovation into tangible results. Through initiatives such as this, Neoenergia is strengthening its commitment to innovation, technological development and digitalisation as key drivers of a more efficient, sustainable energy system that is ready to meet future needs. READ MORE
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27/10/2026 - 11:05 UTC +01:00Iberdrola issues $1.6 billion of green bonds in the United States market Iberdrola has decided to re-enter the U.S. debt market with a $1.6 billion green bond issue. The operation, Iberdrola's first direct operation in the United States since 2009, opens a new financing channel for the company in a market in which its American subsidiaries have been active. The issuance, aimed at institutional investors inside and outside the United States, has involved 116 mostly American investors – including many of the country's main financial institutions – with demand of more than $5 billion, more than three times the final amount. Its green nature has contributed to increasing demand, both inside and outside the United States. This operation allows Iberdrola to expand and diversify its sources of financing and contributes to progressively improving its financial costs both in the US market and in the Euromarket. The issuance is structured in two tranches of $800 million each. The first matures on November 4, 2029, with an annual fixed coupon of 5.40%, while the second matures on November 4, 2033, with an annual fixed coupon of 5.85%. In relative terms, the final cost has been comparable to what Iberdrola could have obtained in the Euromarket, which reflects the good timing chosen to execute the transaction. The funds obtained from the issuance will be used to finance or refinance electricity network assets, mainly transmission and renewable facilities in the United States, a country in which Iberdrola expects annual investments of $5 billion in the coming years. READ MORE
