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20/03/2025 - 16:20 UTC +01:00Iberdrola issues a €400 M share price-linked green bond Iberdrola has launched a green bond issue indexed to its share price. The company has raised €400 M at 5 years. The coupon has been set at 1.5%. This type of bond is characterised by the fact that its return is indexed to the performance of the issuing company's shares (in this case, Iberdrola’s), so investors can exercise a call option on the price of the company's shares in the three months prior to maturity. This option will always be exercisable by payment of the difference. In other words, Iberdrola will not issue or deliver shares in any case, so there will be no dilution effect on its current shareholders. The deal was done with four leading international banks: JP Morgan, Natixis, Mizuho and Morgan Stanley. At the same time, Iberdrola will acquire a hedging option identical to the one sold within the bond, which allows it to be covered against any risk of exercise by bondholders (in the event of a share revaluation above a certain level). This level will be determined in the coming days. The combination of the share-linked bond and the option purchase offers cost advantages over traditional financing and is considered an opportunistic financing operation. This is not the first time Iberdrola has placed a bond in the structured bond market linked to shares. In 2022, the company launched a green bond issue linked to its share price for €450 M and in 2015 it entered the market with a €500 M transaction, which in 2020 it increased by an additional €200 M. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola launches a 400 million euro green bond issue benchmarked to the share price", "description": "The bonds will incorporate an option, allowing investors to benefit from the revaluation of the share at maturity of the bond.", "image": "https://www.iberdrola.com/documents/20125/4075235/torre-iberdrola-726x484.jpg", "datePublished": "20.03.2025 - 16:20 UTC +01:00", "dateModified": "20.03.2025 - 16:20 UTC +01:00", "mainEntityOfPage": "https://https://www.iberdrola.com/press-room/news/detail/iberdrola-green-bonds-400m", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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20/03/2025 - 09:14 UTC +01:00UK CMA clears Iberdrola’s acquisition of Electricity North West Today, the UK Competition and Markets Authority (CMA) cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower . The acquisition is part of Iberdrola’s strategy to strengthen its networks business in countries with strong ratings, such as the UK. Iberdrola, through ScottishPower, now becomes the second largest distribution network operator in the UK, delivering electricity to around 12 million people across a network spanning more than 170,000 kilometers. Welcoming the decision, Iberdrola’s Executive Chairman and ScottishPower’s Chairman, Ignacio Galán , said: “Electrification is powering the UK’s growth and competitiveness, as well as improving its strategic autonomy and contributing to national security. Iberdrola continues to increase its investments here in support of the Government’s plans to modernise the country’s energy system. Network investments are the backbone to this process. “As we welcome our ENW colleagues into our business, we further strengthen our joint ambitions to deliver a resilient, flexible electricity network to meet the future needs and demands of Britain. “Iberdrola has been a steadfast investor in the UK for almost 20 years. On top of our current assets, worth more than £30 billion, our plans in the country aim at investing £30 billion by the end of the decade, two thirds in transmission and distribution networks and one third in renewables, mainly offshore wind. These investments will deliver significant jobs, supply chain and economic benefits to the country.” Notes to editors * ENW distributes electricity to almost 5 million people in the North West of England and has approximately 60,000 km of electricity distribution networks. Geographically, ENW is located in a prime area for Iberdrola, between the two existing ScottishPower networks license areas, in central and southern Scotland and in Merseyside and North Wales. * In October 2024, Iberdrola acquired 88% of ENW in the UK. As stated at the time, the deal values 100% of the target company, including debt, at approximately €5 billion. * Iberdrola’s partners, a consortium of investors from Japan, led by Kansai, will retain a 12% interest in ENW's share capital and have also signed a shareholders' agreement to collaborate on a long-term basis. * With the inclusion of ENW, Iberdrola now employs more than 8,500 people in the UK. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "UK CMA clears Iberdrola’s acquisition of Electricity North West", "description": "oday, the UK Competition and Markets Authority (CMA) cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower. ", "image": "https://www.iberdrola.com/documents/20125/4660833/241022-iberdrola-cierra-compra-distribuidora-britanica-enw-726x484.jpg", "datePublished": "2025-03-20T09:14:00+01:00", "dateModified": "2025-03-20T10:22:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/UK-CMA-clears-Iberdrola-acquisition-Electricity-North-West", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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19/03/2025 - 13:18 UTC +01:00Iberdrola Mexico teams up with car manufacturer Honda to supply its manufacturing plants with clean energy Iberdrola Mexico , Iberdrola's subsidiary in Mexico, has signed a power purchase agreement (PPA) with Honda to supply 100% clean electricity from its wind farms to the Japanese car and motorcycle manufacturer's production plants in Celaya, in the state of Guanajuato, and El Salto, in Jalisco. Honda de México will use this power for its production in the country, where it has an installed capacity to manufacture up to 200,000 cars a year at its Guanajuato plant and more than 120,000 motorcycles at the one in Jalisco, in both cases for the local and export markets. Supplying clean energy to Honda will prevent the annual release of 63,826 tonnes of CO2 into the atmosphere, the equivalent of the carbon captured by more than a million trees over 10 years. The agreement includes the acquisition of Guarantees of Origin (GOs), an instrument that makes it possible to certify the reduction of greenhouse gases by ensuring, with full traceability, that the electricity supply comes from clean sources. You can read the full story in the Iberdrola Mexico Communication Room. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola Mexico teams up with car manufacturer Honda to supply clean energy to its manufacturing plants", "description": "Iberdrola Mexico has signed a power purchase agreement (PPA) with Honda to supply 100% clean electricity from its wind farms to the Japanese car and motorcycle manufacturer's production plants in Celaya, in the state of Guanajuato, and El Salto, in Jalisco.", "image": "https://www.iberdrola.com/documents/20125/0/Honda+726x484.jpg", "datePublished": "2025-03-19T13:18:00+01:00", "dateModified": "2025-03-19T16:22:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-mexico-teams-up-with-car-manufacturer-Honda-to-supply-clean-energy-to-its-manufacturing-plants", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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14/03/2025 - 13:00 UTC +01:00Iberdrola and Air Liquide sign a PPA to decarbonize industrial production in Spain and Portugal Iberdrola and Air Liquide have signed a long-term power purchase agreement (PPA). Renewable energy will be supplied to Air Liquide to support its operations in Spain and Portugal . The agreement is the result of close collaboration between Iberdrola and Air Liquide. It will allow Air Liquide to continue developing innovative and sustainable solutions for the supply of industrial gases and will enable its industrial and medical customers to meet their ambitions to reduce the carbon footprint associated with their final products. Leading the PPA market Iberdrola has extensive experience in PPAs . The company manages long-term power purchase agreements in markets such as Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil, Mexico and Australia, from wind projects – onshore and offshore – and photovoltaic. The company has been offering innovative PPA proposals for more than a decade. For the second consecutive year, Iberdrola has confirmed itself as the leader in the European PPA market , according to the Pexapark Renewables Market Outlook 2025 report, with 1,251 MW contracted (+38% compared to 2023). Iberdrola has announced 15 agreements in Europe, with large companies such as Amazon, with which it has signed wind and photovoltaic PPAs in Spain, Portugal and the United Kingdom for the East Anglia THREE offshore wind farm. Additionally, with Italian companies such as BTicino, Acciaierie Venete, Prima Sole Components and Bayer for a total of about 50 MW. Iberdrola has strengthened alliances with large companies such as Microsoft, Meta, Salzgitter, Mercedes-Benz and Vodafone, confirming the PPA as a key tool for industrial decarbonisation, as it guarantees renewable energy at a long-term fixed and stable price. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola and Air Liquide sign a PPA to decarbonize industrial production in Spain and Portugal", "description": "Iberdrola and Air Liquide have signed a long-term power purchase agreement (PPA). Renewable energy will be supplied to Air Liquide to support its operations in Spain and Portugal..", "image": "https://www.iberdrola.com/documents/20125/5040508/parque-eolico-terrestre-726x484.jpg", "datePublished": "2025-03-14T17:20:00+01:00", "dateModified": "2025-03-14T17:20:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-and-air-liquide-sign-a-ppa-to-decarbonize-industrial-production-in-spain-and-portugal", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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11/03/2025 - 17:20 UTC +01:00Galán presents plans to invest in the US more than 20 billion dollars in grid infrastructure by 2030 The Executive Chairman of Iberdrola , Ignacio Galán, is taking part this week in the CERAWeek Conference organised by S&P Global, the largest energy event in the United States and one of the largest in the world, which is being held in Houston, Texas from 10 March to Friday 14. Ignacio Galán has held meetings with the top energy policy makers in the United States: the Secretary of Energy, Chris Wright, and Doug Burgum, Chairman of the National Energy Dominance Council and US Secretary of the Interior. During these meetings, Galán expressed his commitment to the country , where significant growth in electricity demand is expected. ‘The United States is one of Iberdrola's main investment destinations. To the $50 B invested in the last 20 years, we will add more than $20 B between now and the end of the decade to modernise, expand and digitalise grid infrastructure, making the expected increase in demand in the country possible’, said Galán. These investments could be increased through generation projects. 50 billion dollars in assets after two decades in the US After 20 years in the United States, Iberdrola has assets worth $50 B in 24 states, employs more than 9,000 people in the country, and supports a total of 70,000 jobs through its purchases. Eighty percent of Iberdrola's business in the US is electricity grids . The company currently operates more than 170,000 kilometres of power lines in the states of New York, Connecticut and Maine, among others. Iberdrola has an installed capacity of around 10,000 MW. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Galán presents plans to invest in the US more than 20 billion dollars in grid infrastructure by 2030", "description": "Ignacio Galán, Executive Chairman of Iberdrola, outlines the company's investment plans in US grid infrastructure, with more than 20 billion dollars to be invested by 2030.", "image": "https://www.iberdrola.com/documents/20125/5033062/ignacio-galan-chris-wright-726x484.jpg", "datePublished": "2025-03-11T17:20:00+01:00", "dateModified": "2025-03-11T17:20:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/galan-presents-investment-plans-to-the-us-energy-and-interior-officials-for-more-than-20-billion-dollars-to-2030-in-network-infrastructures", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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11/03/2025Iberdrola Mexico and Bayer commission a photovoltaic self-consumption system to produce sedes Iberdrola Mexico has commissioned a Smart Solar photovoltaic self-consumption system installed for the multinational pharmaceutical Bayer at its vegetable seed production plant in Chiapas, Yax-Nah (‘green house’ in Mayan). The system has an installed capacity of 300 kW with 660 photovoltaic modules capable of generating 552 MWh of clean energy per year and will prevent the release of approximately 233 tonnes of CO2 every year. This is equivalent to the carbon captured by 3,858 trees over the next 10 years. Local authorities, community members and executives from Bayer and Iberdrola Mexico inaugurated the new solar panel installation and reiterated the commitment of both companies to a more sustainable future. The Smart Solar solution provides customers with clean and highly competitive energy at no additional cost. You can read the full story at the Iberdrola Mexico Press Room. READ MORE
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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
