News
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06/09/2024More than 1,000 women have already been trained at Iberdrola’s Electricians’ School in Brazil More than a thousand women have been trained at the Electricians School of Neoenergia , Iberdrola’s subsidiary in Brazil, a pioneering initiative in the country, recognised as a global example by WeEmpower, a programme of UN Women together with the International Labour Organization (ILO) and the European Union. The company celebrated this milestone in style at the Ministry of Mines and Energy of Brazil, with the attendance of its head, Alexandre Silveira; the First Lady of the Republic, Rosângela Janja da Silva; and the CEO of Neoenergia, Eduardo Capelastegui, who were also accompanied by electricians from the company. Neoenergia’s School of Electricians has already trained 1,038 women professionals out of a total of 6,084 participants in its five concession areas: Neoenergia Brasília (Federal District), Neoenergia Coelba (Bahia), Neoenergia Cosern (Rio Grande do Norte), Neoenergia Elektro (São Paulo and Mato Grosso do Sul) and Neoenergia Pernambuco (Pernambuco). Of the trainees, 691 have been recruited and are already part of the workforce. You can read the full story on our Neoenergia Press Room page . READ MORE
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06/09/2024 - 10:38 UTC +02:00Iberdrola Australia enters Queensland market with Broadsound Solar Farm and Battery Iberdrola Australia has announced that construction works are now underway at Broadsound Solar and Battery, the company’s first project in Queensland. The 376 MW Broadsound Solar Farm and 180MW (2hr) co-located Battery Energy Storage System (BESS), located at Clarke Creek, about 2 hours north-west from Rockhampton, will generate enough electricity to power 145,000 homes. The project will deliver up to 350 jobs during its approximately two-year construction schedule. Iberdrola Australia’s CEO and Chairman, Ross Rolfe AO, said “After providing energy to Australian customers, including Queensland commercial and industrial businesses, for many years we’re excited to soon be able to generate energy locally here with the Broadsound Solar Farm and BESS project." “With more than 20 years experience working in Australian communities we’re looking forward to this big step into the Queensland market and adding to our 1.7 GW of energy assets in operation across the country." “It’s been great to work with the local community, the First Nations people, and in particular the Queensland Government and Isaac Regional Council to develop this project to deliver clean and affordable energy.” READ MORE
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04/09/2024 - 10:33 UTC +02:00Iberdrola obtains Top Employer 2024 certification in eight countries in recognition of its outstanding people practices Iberdrola is an accredited Top Employer Europe. The company has been recognised as Top Employer 2024 in Spain, the United Kingdom, Germany, France and Italy for supporting the personal and professional development of its people and its innovative HR practices. Iberdrola also received the same certification in its operations in the United States, Brazil and Mexico. The certification process applied by the Top Employers Institute, the global authority on recognising excellence in people practices, involves a detailed analysis of a company’s people management practices and the impact they have on the organization as a whole (strategy and results) and on engagement, talent attraction and development. The accreditation is dependent on successful results being obtained in a comprehensive HR Best Practices audit. This deep-dive of the HR function, which is validated by a global committee of experts, examine six HR domains consisting of 20 topics across the business and employee lifecycle. The audit includes areas such as people strategy, work environment, recruitment and selection processes, learning, well-being and diversity and inclusion, among others. Each of the certifications achieved by Iberdrola and its subsidiaries are independent. The audit and review process to obtain the recognition had to be completed individually in each of the countries. Iberdrola becomes one of two energy companies worldwide that has the European certification of the Top Employers Institute, and one of four companies that are registered in Spain. Established more than 30 years ago, Top Employers Institute is a global organization that distinguishes the best companies to work for based on excellence in people management. Through its HR Best Practices Audit, 2,300 companies in 121 countries have been certified as Top Employers, with more than 9 million people employed by these companies globally. READ MORE
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03/09/2024 - 15:00 UTC +02:00Iberdrola wins two UK offshore wind contracts to back more than 1,000 MW of clean electricity Through its UK subsidiary Scottish Power, Iberdrola has been awarded two contracts in the government's sixth round of acutions for contracts for difference, which will supply more than 1,000 MW of clean energy to more than one million homes. The company continues to develop offshore wind energy projects around the world, contributing to the energy transition and the decarbonisation of the economy. The contracts include East Anglia TWO, which will have a capacity of 963 MW. This new project will be located near East Anglia ONE, which with 102 turbines has been producing clean energy since 2020 to supply 630,000 UK homes. It has also been awarded a new contract covering 158 MW of East Anglia THREE. In total, this project will have a capacity of 1,400 MW, which is currently under construction and will go into production in 2026, at which point it will produce emission-free energy for 1.3 million homes. With this engagement, Iberdrola supports green recovery at regional and national level and helps the government to meet its commitments to climate neutrality and independence from fossil fuels, which are also responsible for the volatility of energy prices. The East Anglia offshore wind projects will also help to kick-start a pipeline of economic investment to strengthen job and business opportunities across the East of England. Following the success of East Anglia ONE, Iberdrola will continue during the construction of East Anglia TWO and East Anglia THREE to work closely with local authorities and universities to maximise the economic benefits for local people. Commitment to offshore wind Two decades ago, Iberdrola was a pioneer in onshore wind power, and now it is also a pioneer in offshore wind power. This technology represents one of the company's major growth vectors. At the end of the first half of this year, the company had 2,300 MW of offshore installed. In 2025 it will reach 3,000 MW, and in 2026 it will reach 4,800 MW thanks to significant investments around the world. In addition to East Anglia Hub, the company's most notable projects include Vineyard Wind I in the United States, Saint-Brieuc in France, and its three wind farms in Baltic waters: Wikinger, Baltic Eagle and Windanker. READ MORE
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26/08/2024 - 11:06 UTC +02:00Iberdrola installs more than 700,000 smart meters in the US Iberdrola takes another step forward in the United States. The electricity utility headed by Ignacio Galán installs more than 700,000 smart meters for electricity and gas customers in the state of New York. The company, which operates in the US through its subsidiary Avangrid , will in this way improve its customers' readings, which will be based on actual consumption rather than estimates, and will contribute to improving the country's electricity infrastructure, which is key to the energy transition promoted by Iberdrola. Smart meters enable wireless communications with the distributors, in this case New York State Electric & Gas (NYSEG) and Rochester Gas and Electric (RG&E), and enhance the ability to identify and respond to potential outages. Through the two distributors, Iberdrola is focused on upgrades in the New York cities of Ithaca, Rochester, Brewster, Sodus, Binghamton, Canandaigua, Lancaster and Hornell. In addition, it has committed to installing more than 1.3 million smart electric meters and adding 600,000 natural gas modules across New York State. Smart meter upgrades will continue over the next two years in all areas served by both utilities. In its less than two decades in the United States , the company chaired by Ignacio Galán has become one of the largest groups in the electricity sector in the country, where its business is divided into two main lines: grids and renewable energies. Through Grids, it owns and operates eight electricity and natural gas utilities, serving more than 3.3 million customers in New York and New England. Iberdrola’s network assets in the United States amount to €13.3 billion. Together with the United Kingdom, which will add around 14,000 million euros following the purchase of ENW announced on 2 August, it is one of Iberdrola's main countries in this business area. Meanwhile, through its renewables segment, Iberdrola is one of the three largest companies in the country in solar and wind . In mid-August, it exceeded 9,000 MW of installed renewable wind (8,000 MW) and solar (1,000 MW) capacity. READ MORE
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21/08/2024 - 10:00 UTC +02:00"What's good for the planet is good for shareholders" Ignacio Galán was interviewed on Onda Cero's La Terraza programme where he discussed Iberdrola's recent activities, including the purchase of ENW in the northwest of the UK and the objective of continuing to be a leader in decarbonisation and the energy transition. During the interview, Galán highlighted the purchase of the electricity company in the northwest of the UK (ENW), which will distribute electricity to 5 million Britons and make Iberdrola one of the two largest electricity companies in the UK. He also referred to a bid to build wind farms in the south of the country, with an investment of up to 6 billion pounds. He also emphasised Iberdrola's commitment to decarbonisation and the transition to clean energy , a commitment that the company has maintained for more than two decades. He celebrated the company's success on the stock market, reaching historic levels of market capitalisation, with a valuation of 80 billion euros. Ignacio Galán highlighted Iberdrola's pioneering role in supporting women's sport. Since 2016, the company has been a strong sponsor of 35 women's sports federations, benefiting 800,000 athletes. You can listen to the full interview in Spanish at: Ignacio Sánchez Galán, presidente de Iberdrola: "Lo que es bueno para el planeta, lo es también para los accionistas" READ MORE
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21/08/2024 - 09:00 UTC +02:00Iberdrola, chosen for the FTSE4Good index since 2009 Iberdrola has been included for yet another year in the prestigious international FTSE4Good index, designed to make it easier to invest in the world's most sustainable companies, based on ESG (environment, sustainability and governance) criteria. The electricity company, Europe's largest by capitalisation with a value of around 80 billion euros, has met the requirements of the committee in charge of deciding on index members. It complies with an increasingly demanding methodology that includes more than 200 indicators, including respect for the environment, social commitment and good corporate governance. Inclusion in the FTSE4Good index confirms Iberdrola's good performance in terms of labour standards, human rights, health and safety, biodiversity, climate change, water and customer responsibility, and social aspects of the supply chain. The company has also met the organisation's requirements in terms of corporate governance, risk management, anti-corruption mechanisms and fiscal transparency. Iberdrola now has more than 43,000 megawatts (MW) of installed renewable capacity worldwide and 85% of its production is emissions-free. Its emissions in Europe stood at 26 grams of CO2/kWh in the first half of the year, while the ratio of its European peers was 250 grams of CO2/kWh last year. Last February, Iberdrola was also included for another year in one of the most prestigious indices on climate change in the world, CDP Climate Change, with the highest score. Iberdrola is one of a small number of companies, out of more than 23,000 companies analysed, that have achieved an "A" rating. Iberdrola aims to achieve emissions neutrality at our generation, electricity distribution and own consumption plants by 2030 (scopes 1 and 2) and to achieve zero net emissions in all our activities by 2040. Iberdrola is a global benchmark, being present in the main international sustainability indices, which include, in addition to those mentioned above, Moody's ESG, MSCI, Sustainalytics, ISS-ESG, Bloomberg GEI and EcoVadis. Iberdrola is also the only European electricity company to have been included in all 24 editions of the Dow Jones Sustainability Index. This reveals its firm commitment to sustainability and recognition of its strategy, which responds to the main economic, environmental and social challenges of international energy policy. Leading the world in sustainability Iberdrola has incorporated the Sustainable Development Goals (SDGs), defined by the United Nations for the 2030 horizon, into its business strategy and sustainability policy, and is a benchmark for its direct contribution to the global goals, highlighting its contributions in the field of energy and climate change. The company focuses its efforts on the supply of affordable and clean energy (goal 7 ) and climate action (goal 13 ), while contributing directly to ensuring clean water and sanitation (goal 6), has increased its investment in R&D&I activities (goal 9), promotes respect for the life on land ecosystems (goal 15) and works to build partnerships to achieve the goals (goal 17). READ MORE
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19/08/2024 - 15:00 UTC +02:00Iberdrola confirms grid access for the Ekienea project, the largest solar farm in the Basque Country The Chairman of Iberdrola, Ignacio Galán, met today in Bilbao with the company's management team and the Executive Committee in their traditional first meeting after the summer, coinciding with the celebration of the Aste Nagusia. During this event, it was announced that the Ekienea project, the largest solar farm in the Basque Country with a renewable capacity of 100 MW, now has access to the electricity grid. This confirms the commitment to promoting a greener and more sustainable Euskadi by the entities collaborating in the project, such as Iberdrola, the Basque Energy Agency (EVE), the Provincial Council of Alava and Krean (Mondragón Group). Ekienea extends over 200 hectares, half of which will be occupied by the photovoltaic plant and the rest will be used for environmental compensation and preservation of forest areas. When it comes into operation, the plant will generate clean energy capable of meeting the annual consumption of some 47,000 people, almost tripling the current solar capacity of the Basque Country, and will prevent the emission of 25,000 tonnes of CO2 per year, contributing to the fight against climate change . Ekienea not only represents a step forward in the Basque Country's energy transition , but also offers a great opportunity for Basque technology companies. The construction of the solar park will generate up to 300 jobs at peak times. A big step towards decarbonisation Iberdrola's commitment to the Basque Country is reflected in the tractor effect with Basque companies such as Ingeteam, Arteche, Ormazabal and Haizea Wind. Furthermore, in renewable energy, the company has in the Basque Country, in collaboration with the EVE, the Aixeindar initiative, which is processing wind farms with a capacity of 160 MW in Álava. The Labraza and Azaceta wind farms in Álava, each with a capacity of 40 MW, are the first wind farms to generate 100% green energy to be commissioned in the Basque Country since 2006. These facilities have already obtained positive environmental impact statements (EIS), their corresponding administrative authorisations (AA) and administrative authorisations for construction (AAC). Advances in energy storage also make it possible to maximise the renewable energy produced, and the Oiz (Bizkaia) and Elgea-Urkilla (Álava) wind farms are two good examples of the application of these storage batteries, in operation from 2022. READ MORE
