News
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11/03/2025 - 12:12 UTC +01:00Iberdrola, the only Spanish company in the ranking of the world's most ethical companies for the 12th year running Iberdrola has been selected for the 12th consecutive year as one of the most ethical companies in the world, according to the World's Most Ethical Companies ranking drawn up by the Ethisphere Institute, a leader in defining standards of good business practice. Iberdrola continues to be the only Spanish company in this ranking and is one of the seven companies included in the Energy and Utilities category, which also includes its subsidiary in the United States, Avangrid. With the publication of this index, the Ethisphere Institute has since 2007 recognised companies that promote positive change in the global business community and consider the impact of their activities on their employees, customers and other stakeholders, while fostering a culture of integrity and values in their decision-making. The companies included excel in ethical practices, promote the highest international standards of compliance, and demonstrate high levels of stakeholder engagement and commitment to transparency, diversity and inclusion. To compile the World's Most Ethical Companies ranking, the Ethisphere Institute analyses more than 200 KPIs on governance, leadership and reputation, compliance, ethics culture, and social and environmental impact. In 2025, a total of 136 companies from 19 countries and 44 business sectors have been recognised and included on the list. This ranking is also a key tool for investors, who take sustainability criteria into account in their decisions. Committed to the highest ethical standards Iberdrola's governance and sustainability system is inspired by and based on a commitment to ethical principles, transparency, and leadership in applying international best practices. To make the highest ethical standards established in its system of governance and sustainability effective, the company has set up a compliance system that seeks to guarantee that it acts in accordance with ethical principles and applicable legislation and to prevent irregular conduct of any kind. READ MORE
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07/03/2025Iberdrola launches its International Master's Scholarship Programme Today, Iberdrola opens a new call for applications for its Master's Scholarships for the 2025-2026 academic year , aiming to promote excellence in the education of new generations and foster young talent. The company offers the opportunity for students to engage in activities related to electrification and renewable energy . This is undoubtedly a development opportunity for society and the health of our planet. The Iberdrola International Scholarship Programme is aimed at graduates and final-year university students. In total, it will have an investment of €1,200,336. Through this initiative, the company seeks to enhance the professional qualifications of young people in the energy sector, with special emphasis on areas such as engineering, renewable energies, information technologies, sustainability, and big data. Applicants can choose from around twenty top universities or technological institutes. These institutions include the University of Edinburgh, University of Strathclyde, and Imperial College London in the UK; the Universidad Pontificia de Comillas and the Polytechnic Universities of Madrid, Valencia, and the Basque Country in Spain, among others. The registration process for this new call began on Wednesday and will remain open until April 4. Interested individuals can consult all conditions on Iberdrola's corporate website and complete the application form in the 'Work with us' section. In selecting candidates, factors such as academic records, language proficiency, CV, interest in the study project, and letters of reference will be considered. To date, nearly 1,000 young people have had the opportunity to boost their professional careers by pursuing master's and postgraduate studies and conducting research at prestigious international centers with the support of the Iberdrola Group. This edition's scholarships will be awarded to students in Engineering, Computer Science, Mathematics, Big Data, Cybersecurity, Information and Communication Technologies, Business Administration, and Digital Marketing. Supporting a new generation with top skills The Iberdrola International Master's Scholarship Programme aims to develop a generation of professionals equipped to tackle the challenges of a green future, including the development of a sustainable energy model. This initiative also promotes youth employability in a sector expected to generate thousands of new jobs related to the energy transition and digital transformation . Upon completing their studies, participants in this program will have the opportunity to undertake internships with the company and apply for positions published by the Iberdrola Group that match their profiles. READ MORE
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05/03/2025 - 15:36 UTC +01:00Iberdrola, leader in the energy sector in attracting and retaining talent in Spain Iberdrola España in the top two on the list of 200 companies with the greatest capacity to attract and retain talent according to Merco Talento España 2024. We came in first in energy, gas and water , and have now been in the top positions for 19 consecutive years. Our company's attractiveness is the result of a firm commitment to equal opportunities, work–life balance, and training. Iberdrola is also a leader in the Merco Digital ranking for its ability to retain talent in the digital sphere. Merco 's objective is to work towards improving human resources management in companies and since 2000 it has been releasing one of the most important indices worldwide: the Merco Talent ranking. The list, based on a multi-stakeholder methodology with various metrics and evaluations, offers a better understanding of the aspirations of employees, and aligns personal and corporate values and objectives. Merco Talent is as such a barometer of visibility and attractiveness for companies, measuring the opinion of their target audiences. READ MORE
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04/03/2025 - 15:05 UTC +01:00ScottishPower explores electrification of offshore wind operations in the UK Electrifying offshore operations is a highly feasible, viable and interesting scenario technically and economically. Offshore wind farms could be served by battery-powered vessels recharged by the turbines of the offshore installations themselves according to a study conducted by ScottishPower Renewables (SPR) and Maersk's Stillstrom. The report is the first in a series of three commissioned by ScottishPower Renewables to explore the electrification of offshore operations with clean technologies and a great example of team work between developers and the supply chain. The paper analyses the feasibility and benefits of using battery-powered service vessels (E-SOVs) in offshore wind farm operations. Vessels dedicated to these maintenance tasks often remain at sea for extended periods of time. You can read the full article at the ScottishPower Renewables' Press Room . READ MORE
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03/03/2025 - 16:01 UTC +01:00Iberdrola Italy to supply green electricity to Italian distribution giant Pam Panorama Iberdrola Italia , Iberdrola's international business company in that country and Pam Panorama, a historic Italian hypermarket and supermarket company, have signed a power purchase agreement (PPA) for a total of 1,000 GWh. The agreement means that the Italian company will receive energy from photovoltaic sources for its Pam, Panorama, Pam local and Pam City outlets in Italy. This partnership improves competitiveness and accelerates electrification , reducing annual CO2 emissions by more than 38,300 tonnes, equal to the needs of 40,300 households. By 2025, Iberdrola will have an installed capacity of around 400 MW in Italy thanks to the imminent inauguration of its third plant in operation and the completion of construction of four additional PV projects. For the second consecutive year, Iberdrola has been confirmed as the leader in the European PPA market according to the Pexapark Renewables Market Outlook 2025 report, with 1,251 MW contracted (38% more than in 2023). Iberdrola España has announced 15 deals in Europe, with major companies such as Amazon, with which it has signed wind and photovoltaic PPAs in Spain, Portugal and the UK for the East Anglia Three offshore wind farm, and with Italian companies such as BTicino, Acciaierie Venete, Prima Sole Components and Bayer for a total of around 50 MW. Europe's leading electricity company in terms of stock market value has also strengthened partnerships with major companies like Microsoft, Meta, Salzgitter, Mercedes-Benz and Vodafone, confirming the PPA as a key tool for industrial electrification, as it guarantees renewable energy at a fixed and stable price over the long term. READ MORE
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28/02/2025 - 13:38 UTC +01:00Avangrid nears 10,500 MW installed in the United States Avangrid, Iberdrola's US company, has an installed capacity of nearly 10,500 MW. The company has assets in 24 states and is capable of supplying approximately 3.1 million average households in the US. Avangrid's assets not only power American consumers but also provide key economic benefits to communities, supporting more than 500 permanent jobs and paying more than $50 million in property taxes in 2024. Avangrid recently announced its partnership with several large tech companies on eight projects underway to power data centres, with more projects under construction to meet growing energy demand. The company's total installed capacity will continue to grow with approximately 27 GW of new generation in its project pipeline. You can read the full story at the Avangrid Newsroom . READ MORE
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27/02/2025 - 08:21 UTC +01:00Record investment of €17 billion boosts Iberdrola’s net profit to €5.612 billion, up 17% Accelerating growth * Net profit of €5.612 billion (+17%). EBITDA of €16.848 billion (+17%). * In line with company policy, almost all of the capital gains from divestments (€1.1 billion) allocated to measures to improve efficiency and future performance. Record investments of €17 billion, up 50% * Record investment levels of €12 billion (+5%) organic, plus €5 billion in corporate transactions (ENW and Avangrid minorities). 70% of total investment is directed to the UK and U.S. * €11.2 billion invested in networks, more than doubling the prior year. In addition to investments in distribution, transmission investment grew 54%, mainly in U.S. and UK projects. * Nearly €5.5 billion invested in renewables, with 2,600 MW of capacity commissioned in 2024 to deliver a portfolio exceeding 44,000 MW. The company has €9.2 billion on its balance sheet allocated to projects in construction, with 80% of these expected to be commissioned in 2025 and 2026. Increasing robustness * Cash flow grew to €16.769 billion (+51%). * Continued strength of financial ratios: FFO/net debt at 22.9%. * More than €20 billion of current liquidity, covering 22 months of financing needs. Proposed dividend: €0.635 per share, up 15% * On January 31, €0.231 per share was already paid as an interim dividend. * A final dividend of €0.404 per share will be proposed to the General Shareholders’ Meeting. Strong boost to the social dividend * Purchases of goods and services totalled €18 billion from thousands of suppliers, supporting 500,000 jobs across the supply chain. * Record tax contribution of €10.3 billion worldwide (+7.5%). * 6,000 new hires (including 2,100 from ENW), reaching a global workforce of 42,200 people. * Emissions of 38 grams of CO2 per kWh in Europe, five times less than the European industry average. * €400 million allocated to R+D+I: the leading private electricity company worldwide, according to the European Commission. * Ranked as the number 1 utility in the Dow Jones Best-In-Class Indices. 2025 Outlook: improved forecasts * Continuing with a strategy focused on grids as a priority and with a selective focus on renewables , a strengthened business profile and improving market fundamentals drive a structural improvement in net profit outlook. * Net profit for FY2025 is expected to achieve mid- to high-single digit growth, excluding extraordinary items. Next Capital Markets Day: September 24, 2025 Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola , said: “With electrification driving growth in demand across all of the countries Iberdrola serves, this strong set of results delivers ahead of our strategic plan". “Iberdrola has been the leader in electrification for 25 years, combining disciplined execution with long-term commitment to deliver increased shareholder value. We are continuing on this path through our focus on network investments in the US and the UK, using the proceeds from fossil fuel divestments to accelerate growth in both markets". “A strengthened business profile and better market fundamentals contribute to a structural improvement in our outlook for 2025 and beyond”. READ MORE
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25/02/2025 - 09:35 UTC +01:00The Embassy of Finland visits Iberdrola's hub in Bilbao Sari Rautio, the Finnish Ambassador to Spain, visited Iberdrola's Global Smart Grids Innovation Hub in Bilbao. The GSGIH is the company's global headquarters for smart grids. The ambassador, accompanied by a trade delegation from the country and the Honorary Consul of Finland in Bilbao, Carolina Pérez Toledo, were received by Asís Canales, Iberdrola’s Global Director of Resources and Services, and Estíbaliz Goñi, Director of Processes and Technology at i-DE –the Iberdrola Group’s distributor– and visited the facilities of the hub where they learned about Iberdrola’s advances in innovation, digitisation and electrification. Finland is one of the most digitised countries in the world. Around 85.6% of SMEs have digital skills in artificial intelligence or data analysis above the European average. READ MORE
