News
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14/05/2026 - 11:43 UTC +02:00Iberdrola holds a new edition of its Shareholders' Day in Madrid Iberdrola has held a new edition of its Shareholders' Day in Madrid, a series of in-person meetings across different cities in Spain ahead of the General Shareholders' Meeting scheduled for 29 May. Following the success of recent years, the Group has tripled the number of cities where these events are taking place to strengthen its commitment to shareholder engagement and to fostering a relationship of proximity and active listening with them. The Shareholders' Meetings have been held so far in Valencia, Zaragoza, Pamplona, and San Sebastián. After its stop in Madrid, the event will continue on 26 May in Bilbao. Based on past experiences, Iberdrola expects to gather over 2,000 shareholders in total. As part of the celebration of Iberdrola's 125th anniversary , the company presented to shareholders the key milestones that have established Iberdrola as a global benchmark, detailing the profound transformation carried out in the last 25 years, the main aspects of its Strategic Plan 2025-2028 , and the solid performance registered in 2025, when the company reached a record profit of more than €6.2 billion. Several company executives participated in the event, including Ignacio Cuenca, Director of Investor Relations; Roberto Fernández Albendea, Corporate Sustainability Director; Mario Ruiz-Tagle, CEO of Iberdrola España; Asís Canales, Global Director of Resources and Services; and Rafael Orbegozo, Advisor to the Chairman. The Shareholders' Days have become a space for direct dialogue between the company and its shareholders , where they can learn firsthand about the milestones shaping Iberdrola's evolution, interact with the management team and, at the same time, participate in the General Shareholders' Meeting and receive the traditional commemorative gift. 125 Light Years Exhibition Attendees at the event were also able to see for the first time the 125 Years of Light exhibition that the company is launching to mark its 125th anniversary, showcasing through a series of photographs and videos Iberdrola’s evolution, its innovative spirit and its connection with society. The exhibition features photographs from the company’s early years, including historic images and the creation of Hidroeléctrica Ibérica at the beginning of the 20th century. The exhibition includes landmark buildings, early electricity installations and original documents reflecting the birth of the business project. It also showcases scenes of the industrial development associated with electricity supply, as well as the Group’s evolution through to more recent milestones. Close engagement with shareholders and greater incentives for participation The General Shareholders’ Meeting will be held with both in-person and remote attendance options, and the company has made extensive facilities available for shareholders to participate remotely ahead of the meeting through the corporate website, the Shareholder Helpline, instant messaging, email and postal voting. One major advantage is that proxy voting cards consolidate all of the holder’s shares, regardless of where they are deposited. This simplifies and facilitates participation while offering enhanced security through the inclusion of a QR code and access key. Iberdrola is therefore strengthening the open, accessible and sustainable meeting model that the company has been developing for years, which also includes permanent communication channels for shareholders and investors, such as the Shareholder’s Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the agenda for the General Shareholders’ Meeting, and in line with its commitment to shareholder remuneration, the Board of Directors is proposing a final dividend of €0.427 per share, in addition to the €0.253 per share already paid on 2 February as an interim dividend. In this way, Iberdrola will allocate €4.5bn to dividends corresponding to financial year 2025 . In addition, Iberdrola is proposing the distribution of an engagement dividend of €1 gross for every 200 shares, subject to the quorum for the General Shareholders’ Meeting reaching 70% of share capital. READ MORE
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14/05/2026 - 09:43 UTC +02:00Iberdrola begins commissioning of the Tâmega Complex wind-hydroelectric megaproject Iberdrola is consolidating its leadership in renewable energy with the commissioning of the Tâmega Norte wind farm, located between Braga and Vila Real, in the Portuguese municipalities of Cabeceiras de Basto and Montalegre. It is the first of two wind farms that form part of the Tâmega Complex . It is the first grid-connected wind-hydro hybrid project on the Iberian Peninsula. It will consist of two wind farms (north and south) linked to a large pumped-storage hydroelectric system . This combination allows both technologies to complement each other and store energy to be released when the system requires it. From a technical and operational perspective, hybridisation facilitates the sharing of grid connection infrastructure, reduces environmental impact and improves the stability of the electricity system by accelerating electrification. Tâmega Norte will have a capacity of 195 MW, distributed across 27 state-of-the-art Vestas wind turbines, each with a capacity of 7.2 MW and a rotor height of 172 metres, making it one of the onshore projects with the highest-capacity equipment installed by the company. Its implementation has been a challenge due to weather and environmental conditions during the breeding season of certain species, which significantly affected the construction schedule during the spring and summer months. During the peak construction phases of the Tâmega Norte wind farm, there was a significant impact on employment, with around 150 people involved, including transport, installation, crane, health and safety (HSE), external supervision and Vestas staff. Connection via REN The annual output generated by Tâmega Norte will be approximately 414 GWh, whilst at Tâmega Sul, currently under construction, it will be 185 GWh. The electricity will be transmitted using the complex’s existing infrastructure. The connection is made via the Red Eléctrica Nacional (REN) hub in Ribeira de Pena: northwards from the Daivões substation, and southwards from Gouvães. The total investment for the two wind farms amounts to €346 million (TOTEX), of which €237 million is for Tâmega Norte and €109 million for Tâmega Sur. The project has involved a large number of international and national suppliers, including Haizea Wind, a Basque group specialising in the design, manufacture and assembly of metal structures and cast components for the wind power industry, through its subsidiary HaizeaTecnoaranda, as a supplier to Vestas, a Danish company and leader in the supply of wind turbines. The Danish firm also has a research and development (R&D) centre based in Porto. In addition, firms specialising in civil engineering (all Portuguese) have taken part. The Tâmega wind farms will prevent the emission of more than 230,000 tonnes of CO₂ per year, a figure equivalent to the annual carbon absorption of millions of trees or the annual emissions of approximately 100,000 vehicles. The project has been developed in strict compliance with all the conditions set out in the environmental licence. Iberdrola is implementing preventive, corrective and compensatory measures, as well as monitoring programmes, to ensure that the environmental and socio-economic impact is as low as possible. The complex is financed by the European Investment Bank (EIB) and involves Norges Bank, in partnership with Iberdrola, which will hold a 49% stake once the plant becomes operational. State-of-the-art technology One of the most unique aspects of the project has been the use of BladeLifter technology to transport blades of considerable size. The complexity lies not only in their length, but also in the terrain: sharp bends and steep gradients. At Tâmega Norte, the BladeLifter has enabled the blades to be raised by between 25 and 30 degrees, facilitating passage along narrow roads without the need to widen tracks or carry out major civil engineering works. This solution reduces the impact on rural areas and avoids unnecessary interference with the landscape. The success lies with the professionals carrying out the work, who have extensive experience in handling these technologies. Each truck requires three professionals who work as if they were a single mind. Coordination is constant, supported by continuous radio communication. One drives, another controls the rotation and tilt of the bucket – capable of rotating 360 degrees on its own axis – and a third supervises the levelling and stabilisation of the whole unit. READ MORE
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13/05/2026 - 16:36 UTC +02:00Iberdrola strengthens its commitment to Australia with progress on its Broadsound solar power plant Iberdrola Australia, subsidiary of the Iberdrola Group in Australia , has completed the installation of more than 600,000 solar panels at the Broadsound power plant, located in Queensland. The facility will combine 376 MW of photovoltaic capacity with a 180 MW battery storage system, reinforcing the Group’s commitment to reliable and manageable renewable solutions. When it comes online, Broadsound will generate enough clean energy to power around 145,000 homes , contributing to the progress of the energy transition in Australia. The project also incorporates solar tracker technology to optimise energy capture and maximise renewable output. This milestone reinforces Iberdrola’s position as one of the leading players in the Australian energy market, where it already has 2,500 MW of installed capacity and a broad portfolio of wind, solar and storage projects. The company plans to invest over €1 billion in the country by 2029, thereby consolidating its international growth in strategic markets. READ MORE
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12/05/2026 - 12:39 UTC +02:00Iberdrola expands its generation capacity in Italy to 450 MW with new wind project Iberdrola has reached an agreement to acquire a wind power plant with an installed capacity of 40 MW, located in Basilicata (Italy) from Belenergia, an Italian based renewable energy group, and RGREEN INVEST, a French investment firm focused on green infrastructure investments in the energy transition sector. The asset, which was commissioned in 2018 and benefits from a long-term incentive scheme that guarantees stable cash flows, is located close to the Lucania Complex, where Iberdrola is developing different plants including Montelungo PV (20 MW), which is currently under construction. This plant also adds to the Etruria Complex, which already has a capacity of 174 MW –following the recent acquisition of a solar photovoltaic plant in Lazio–, and to Fenix, a 243 MW solar photovoltaic project, the largest to date in Italy, bringing Iberdrola to approximately 450 MW of installed renewable capacity in the country. The transaction, which remains subject to customary closing conditions, strengthens Iberdrola’s portfolio in the region and underscores its firm commitment to continued growth in Italy, in line with its strategy of investing in generation technologies that promote energy security and competitiveness. The acquisition is also fully aligned with the Group’s Strategic Plan , which focuses on generation projects with long-term contracts in countries with strong credit ratings and stable, predictable and attractive regulatory frameworks. READ MORE
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08/05/2026 - 16:45 UTC +02:00Iberdrola renews distribution concessions in Brazil and doubles investments in the next 5 years to R$50 Bn (c. €9 Bn) Iberdrola has formalised the early renewal of three electricity distribution concessions in Brazil and, through its subsidiary Neoenergia , is launching a new investment cycle in networks of close to 50 billion reais (close to 9 billion euros) through to 2030. The new plan almost doubles the 27.5 billion reais invested over the last five-year period (2021–2025) and ushers in a new phase of growth based on the expansion, modernisation and digitalisation of electricity infrastructure. Iberdrola’s Executive Chairman, Ignacio Galán, highlighted the Brazilian Government’s management of the renewal of energy distributors’ concessions in the country. “This is an event of enormous importance for the electricity sector: it strengthens legal and contractual certainty and consolidates a stable and predictable regulatory environment—exactly what provides the confidence and predictability for international investors to expand their commitments in Brazil.” For Galán, “the predictability provided by the renewal will also make it possible to place orders for the equipment and materials required, which will boost industry and employment in Brazil at a time of intense global competition driven by electrification.” “In a world where electrification is essential to drive social and economic development, as well as self-sufficiency, competitiveness and sustainability, electricity networks are absolutely crucial,” Ignacio Galán said. The new cycle is being launched following the signing of the early renewal of the concessions of Neoenergia Coelba (Bahia), Neoenergia Cosern (Rio Grande do Norte) and Neoenergia Elektro (São Paulo and Mato Grosso do Sul). The extensions, which run for 30 years, add to the renewal obtained in 2025 for Neoenergia Pernambuco, in force until 2060, and to the original concession for the Federal District of Brasília (Neoenergia Brasília), granted in 2021 through to 2045. The early renewal recognises the strength of the Group’s management and guarantees a stable and predictable framework to continue investing, with a focus on customers and on the continuous improvement of service through technologies that increase the security and efficiency of the grid. This investment effort will drive the digitalisation of the networks, strengthen supply quality and expand its capacity to meet growing energy demand. In this way, the Group contributes to advancing the electrification of the economy and to the country’s industrial and social progress. Over the last four years, Neoenergia has also been the private company that has invested the most in infrastructure in Brazil, according to the Brazilian Association of Infrastructure and Basic Industries (Abdib). In 2025, total Group investments in Brazil reached 30 billion reais, including organic investments and the acquisition of minorities in Neoenergia. Serving a population of 40 million people, Neoenergia is Brazil’s leading power distribution group and is present in 18 Brazilian states and in the Federal District, with more than 750,000 kilometres of distribution lines, 8,000 kilometres of transmission lines and 4,000 MW of renewable generation capacity, mainly hydroelectric. READ MORE
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08/05/2026 - 14:56 UTC +02:00Iberdrola strengthens digital talent in the US with a responsible AI “Prompt-a-thon” Avangrid, subsidiary of the Iberdrola Group in the United States , hosted its first “Prompt-a-thon” in Orange, Connecticut, last week — a pioneering initiative designed to enhance generative AI skills and their practical business application among early-career professionals. The initiative brought together participants from Avangrid’s Global Graduate Programme , who collaborated in teams to address real business challenges using AI tools , with a strong emphasis on responsible, human-centred adoption. Teams worked on projects aligned with key operational priorities, including electric vehicle adoption, optimisation of onshore wind farm performance, and improvements to the customer experience. The event highlighted AI as a strategic enabler for more efficient decision-making and innovation, combining technological capabilities with human judgement to strengthen collaboration and problem-solving. You can read the full story in the Avangrid media room . READ MORE
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07/05/2026 - 11:38 UTC +02:00Iberdrola reaches 5 million MWh of electricity sold in Italy with new long-term contracts Iberdrola has reached 5 million megawatt hours (MWh) of electricity sold in Italy through long-term clean energy power purchase agreements (PPAs), following the signing of five new agreements with leading companies in key sectors of the country, such as the chemical, manufacturing, and food and beverage industries. The electricity supplied under these agreements is backed by 90 megawatts (MW) of new photovoltaic capacity on the Italian peninsula. The PPAs have been signed under the Energy Release 2.0 mechanism, promoted by the Ministry of the Environment and Energy Security, with the aim of accelerating the deployment of new domestic renewable capacity and offering the energy-intensive industrial sector a stable and competitive supply in a context of growing volatility, as well as contributing to the decarbonisation of its production processes. In this way, Iberdrola — Europe’s largest electricity company and one of the two largest in the world by market capitalisation — continues to expand its portfolio of long-term power purchase agreements and consolidates its position as a strategic industrial partner in Italy as well. Furthermore, the transaction highlights the Group’s ability to support the Italian business sector, collaborate with institutions and operate within mechanisms such as Energy Release 2.0, which integrate electrification, industry and decarbonisation. Iberdrola leads the European PPA market for the third consecutive year, according to the Pexapark Renewables Market Outlook 2026 report, and has agreements, backed by a broad portfolio of onshore and offshore wind and solar power generation, as well as a diversified generation mix, in Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil and Australia. These agreements form part of Iberdrola’s strategy to drive the electrification of industry, strengthen stable relationships with major customers and contribute to a more secure, self-sufficient, competitive and sustainable energy system, ready to respond to growing demand. READ MORE
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06/05/2026 - 12:13 UTC +02:00Iberdrola is holding a new edition of its Shareholders’ Conference in Pamplona Iberdrola has held a Shareholders’ Days in Pamplona, a series of in-person meetings that will take place in various cities across the country ahead of the Annual General Meeting scheduled for 29 May. Following the success of recent years, the Group has tripled the number of cities in which these meetings will take place to reinforce its commitment to shareholder engagement and to fostering a close relationship with them based on active listening. The Shareholders’ Days have so far been held in Valencia, Zaragoza and San Sebastián. Following the event in the Navarran capital, they will continue on 13 May in Madrid and on 26 May in Bilbao. Based on previous years’ experience, Iberdrola expects to bring together a total of more than 2,000 shareholders. As part of the company’s 125th anniversary celebrations, the Investor Relations team presented to Navarran shareholders at the Tres Reyes Hotel the key factors that have established Iberdrola as a global leader, detailing the profound transformation undertaken over the last 25 years, the main figures of its Strategic Plan up to 2028 and the strong performance recorded in the 2025 financial year, in which the company once again achieved a record profit of over €6.2 billion. The Shareholders’ Conference has established itself as a forum for direct dialogue between the company and its shareholders, where they can learn first-hand about the milestones shaping Iberdrola’s development, interact with the management team and, at the same time, attend the Annual General Meeting and receive the traditional commemorative gift. ‘125 Light Years’ Exhibition Attendees at the Pamplona event were able to view for the first time the ‘125 Light Years’ exhibition, which the company is launching to mark its 125th anniversary . Through a series of photographs and videos, the exhibition showcases Iberdrola’s evolution and innovative spirit, as well as the company’s connection with society. The exhibition features photographs from the company’s early days, including historical images and the creation of Hidroeléctrica Ibérica at the start of the 20th century. It includes iconic buildings, the first electrical installations and original documents reflecting the birth of the business venture. It also showcases scenes of the industrial development linked to the electricity supply, as well as the group’s evolution up to more recent milestones. Closer ties with shareholders and more incentives to participate The AGM will be held with the option of attending in person or remotely, and the Company has made extensive facilities available to its shareholders to participate remotely prior to the meeting via the corporate website, the shareholder helpline, instant messaging, email and postal voting. A major advantage is that the proxy forms consolidate all the holder’s shares – regardless of where they are held. This simplifies and facilitates participation, whilst offering greater security by including a QR code and an access code. Iberdrola is thus reinforcing the open, accessible and sustainable AGM model that the company has been developing for years, which also includes channels for ongoing dialogue with shareholders and investors , such as the Shareholder Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the agenda for the Annual General Meeting, and in line with its commitment to shareholder remuneration, the Board of Directors is proposing a supplementary dividend of €0.427 per share, in addition to the €0.253 per share already paid on 2 February as an interim dividend. Iberdrola will thus allocate €4.5 billion to dividends for the 2025 financial year. Furthermore, Iberdrola proposes to distribute a loyalty dividend of €1 gross for every 200 shares, subject to the General Meeting achieving a quorum of 70% of the share capital. READ MORE
