News
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21/04/2026 - 15:49 UTC +02:00Ignacio Galán attends the opening of WindEurope 2026, with Iberdrola acting as ambassador for Europe’s largest wind energy event During the opening of WindEurope in Madrid today, Iberdrola’s Chairman, Ignacio Galán , welcomed the Spanish Prime Minister, Pedro Sánchez, and Third Deputy Prime Minister Sara Aagesen to the company’s stand. He also held meetings with various officials, including the European Commissioner for Energy, Dan Jorgensen; the UK Secretary of State for Energy, Michael Shanks; and Ireland’s Minister for Marine Affairs, Timmy Dooley. The company is a global leader in clean energy, with over 46,000 megawatts of installed capacity and a diversified technology portfolio covering onshore and offshore wind , hydroelectric, solar photovoltaic, nuclear power and batteries. It also has over 1.4 million kilometres of distribution and transmission lines worldwide. The company supplies energy to nearly 100 million people worldwide. READ MORE
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21/04/2026 - 09:24 UTC +02:00Iberdrola and Masdar set UK record for biggest blade install at East Anglia THREE offshore windfarm ScottishPower, subsidiary of Iberdrola in the UK , and Masdar’s East Anglia THREE offshore windfarm has set a UK offshore wind record with the installation of its first turbine – the first in the UK to feature 115 metre blades, each one longer than a Premier League football pitch. All 285 of the record-breaking blades for the project’s 95 turbines are being manufactured in the UK at Siemens Gamesa’s factory in Hull. Standing around 262 metres tall – higher than the observation deck at the Shard – the 14MW Siemens Gamesa turbines have a rotor diameter of 236 metres. A single revolution of just one turbine will produce enough electricity to power a UK home for more than four days, charge around 1,700 mobile phones, or brew nearly a thousand cups of tea. Charlie Jordan, ScottishPower Renewables CEO said: “This is a defining moment – and a UK industry first – for ScottishPower, Iberdrola and Masdar as we celebrate and accelerate the deployment of homegrown renewable energy at scale. “East Anglia THREE will be the biggest and most powerful offshore windfarm in our portfolio. That means billions of pounds invested in UK and global supply chains; thousands of jobs supported during construction; more than a hundred long-term roles created in the East of England; and greater energy security, with more clean power coming on to the grid than ever before. “This achievement is testament to successful collaboration with our strategic investment partner, Masdar, and the dedication and excellence of our own teams and supply chain partners. East Anglia THREE will play a crucial role in the UK’s clean energy future and it’s fantastic to see our vision come to life.” Located off the Suffolk coast in the UK, East Anglia THREE will be one of the world’s largest offshore windfarms when it comes into operation, delivering enough homegrown, clean electricity to power the equivalent of 1.3 million British homes. Husain Al Meer, Director of Global Offshore Wind at Masdar said: “This is a milestone moment for the UK’s offshore wind sector, with the completion of the first turbine for East Anglia THREE representing a truly monumental achievement. We are proud to work alongside ScottishPower and Iberdrola to bring this project to fruition and to be playing our part in securing the UK’s clean energy future, while helping to create jobs and drive sustainable growth. We see tremendous potential for offshore wind, not just in the UK but across the wider European market, where offshore wind can provide critical energy security, power economic progress and help nations achieve their clean energy objectives.” The blades used on the East Anglia THREE turbines are seven metres longer than the previous record of 108 metres – also manufactured by Siemens Gamesa. Darren Davidson, UK Head of Siemens Energy and Siemens Gamesa, said: “These are the biggest blades ever built for a project in UK waters – a real landmark for offshore wind. We’re proud that these record-breaking blades have been manufactured at our factory in Hull, where we now employ more than 1,400 people, and where we’re also investing in the future by training our next generation of workers through a well-established and successful apprenticeship scheme.” The turbine installation was executed by Cadeler’s O-class Wind Osprey jack-up vessel, which will be joined later this month by the next generation P-class Wind Pace on its first deployment in European waters as the installation programme continues. Mikkel Gleerup, Cadeler CEO said: “We are proud to support ScottishPower Renewables and Masdar on East Anglia THREE – our first project together and a strong starting point for future collaboration. “By deploying two of our vessels in parallel, we can maintain a consistent and efficient installation pace throughout the campaign. This also marks Wind Pace’s first project in European waters since her delivery last year. Built to install the next generation of turbines, she brings increased capacity and operational flexibility, enhancing installation efficiency and supporting a more streamlined programme. Together, this strengthens our ability to deliver safely, reliably and at scale.” READ MORE
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18/04/2026 - 14:30 UTC +02:00Iberdrola receives dual recognition in the United States for its contribution to Massachusetts’ economic development The Iberdrola Group has been recognised in the United States for the outstanding contribution of its investments and key energy infrastructure to the economic and industrial development of the state of Massachusetts, as well as to strengthening the region’s competitiveness in the global economy. Its US subsidiary, Avangrid , has received the Annual Team Massachusetts Economic Impact Award, presented by MassEcon, the private organisation that promotes business growth in the state, and the 2026 Vision Award, the highest distinction granted by the Associated Industries of Massachusetts (AIM). Both awards underscore the positive impact of the company’s major projects on economic growth, job creation, the strengthening of local supply chains, the generation of long-term opportunities and the development of local communities. Among the company’s flagship infrastructure projects are the 233-kilometre, 1,200 MW electricity interconnector between Canada and the United States , which brings hydroelectric power from Quebec into the New England network, and Vineyard Wind 1 , the country’s first commercial-scale offshore wind farm. With an installed capacity of 806 MW, the facility can supply more than 400,000 homes and businesses in the region. Together, these projects represent total investments of $5.6 billion (€4.7 billion) and contribute close to 2,000 MW to the Massachusetts electricity system—enough to meet approximately 25% of the state’s total demand and supply more than one million homes and businesses. Their contribution is key to ensuring a secure and sustainable energy supply, while improving access to affordable energy in a particularly sensitive context for households and businesses. The awards granted by MassEcon— which selected just 13 companies from among thousands across Massachusetts— and AIM highlight Avangrid’s role as a key provider of essential services, underpinned by a sustained commitment to innovation, network modernisation, the deployment of new generation and transmission infrastructure, and close public-private collaboration. READ MORE
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18/04/2026 - 09:02 UTC +02:00In a meeting with Lula da Silva, Ignacio Galán reaffirms Iberdrola’s commitment to Brazil The Chairman of Iberdrola, Ignacio Galán , held a meeting with the President of Brazil, Luiz Inácio Lula da Silva, on the occasion of the Spain–Brazil bilateral summit held in Barcelona, and highlighted the country’s strategic importance in the Group’s long-term vision. With around 120 billion reais (approximately 20.4 billion euros) in assets and a served population of more than 45 million people in the country, Iberdrola is Brazil’s leading electricity distribution group. Specifically, Iberdrola operates and distributes electricity in the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as in Brasília. During the meeting, Ignacio Galán conveyed to the President of Brazil the Group’s firm commitment to the country, reflected in investments of 30 billion Brazilian reais (more than 5 billion euros) over the last year, making it the largest investor in Brazil’s electricity sector. Once the renewal of its distribution concessions in Brazil has been confirmed, Iberdrola’s Chairman informed Lula da Silva of Iberdrola’s intention to continue investing significantly in this activity in the country in the coming years, in order to keep expanding and modernising the networks of all its distribution companies in Brazil and to electrify areas such as the western part of the state of Bahia, with the aim of providing homes and industries — such as the agri-food sector — with access to secure, competitive and clean energy. Including its generation, transmission and electricity distribution assets, Iberdrola is present — through its subsidiary Neoenergia — in 18 Brazilian states and the Federal District, with more than 725,000 kilometres of electricity distribution lines and 8,000 kilometres of transmission lines, as well as 3,600 MW of renewable generation, mainly hydroelectric. READ MORE
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17/04/2026 - 17:40 UTC +02:00Iberdrola increases global electricity distribution by 10%, reaching 68,645 GWh in the first quarter of 2026 Distributed energy Iberdrola supplied 68,645 gigawatt hours (GWh) of electricity in the first quarter of 2026, an increase of 9.7% compared with the same period the previous year, according to information submitted to the Spanish National Securities Market Commission (CNMV). By country, the United Kingdom has increased its distributed energy by 72.6% to 14,687 GWh. In Spain, 23,462 GWh was distributed, in Brazil 20,485 GWh, and in the United States 10,012 GWh. This increase in the electricity distributed by the Group worldwide is the result of Iberdrola’s investment focus on electricity transmission and distribution networks , which are key infrastructure for advancing energy security and self-sufficiency, as well as competitiveness through electrification. Generation capacity At the end of March, Iberdrola had a total generation capacity of 58,877 MW, 3.8% more than a year earlier. Notable increases in capacity were recorded in the United States (+693 MW), Spain (+552 MW), Australia (+537 MW) and other European countries (+377 MW). Generation capacity also increased in the United Kingdom (+192 MW). By technology, offshore wind power grew by 16.2% to reach 2,621 MW, solar power by 12.7% to a total of 9,013 MW, and energy storage , where battery capacity rose by 157.6% to 683 MW. Production reached 36,106 GWh, representing a 2% increase thanks to growth in the United Kingdom (+41%), other European countries (+25%) and Australia (+7%). By technology, offshore wind power saw the greatest growth, rising by 42%. READ MORE
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17/04/2026Iberdrola hosts Europe’s leading industrial companies in Bilbao at an ERT meeting closed by the Lehendakari Iberdrola has hosted a two-day meeting of the European Round Table for Industry (ERT) in Bilbao, bringing together senior executives from 60 of Europe’s leading industrial companies. The meeting was closed by the Lehendakari, Imanol Pradales. The European Round Table for Industry (ERT) is a high-level, cross-sector business forum based in Brussels, composed of chief executives and chairpersons from 60 of Europe’s most prominent companies. The meeting held in Bilbao was an ‘Associates’ session, bringing together key advisers and senior executives to prepare for the next plenary meeting of ERT members, scheduled to take place in Sweden in May. Discussions focused on key topics including energy policy, industrial and competition policy, innovation, security and defence, the single market, artificial intelligence and trade. These debates are particularly timely given the urgent need to advance the European Union’s competitiveness agenda, as well as the impact of the ongoing energy crisis linked to the conflict in the Middle East. Anthony Gooch Gálvez, Secretary General of the ERT, stated: “In recent years, Europe has faced multiple sources of uncertainty and a worrying trend towards deindustrialisation. Hosting this ERT Associates meeting in the Basque Country, one of the most outstanding examples of the reinvention of Europe’s traditional industrial regions, is a significant achievement. We would like to thank Iberdrola for hosting this meeting, which has allowed us to take the pulse of Europe’s industrial landscape while showcasing a city as iconic as Bilbao.” The sessions, held on 16 and 17 April, have positioned Torre Iberdrola, the Group’s headquarters , and the city itself as a key hub for European economic and business dialogue. This comes at a time marked by major challenges related to competitiveness, security and the continent’s strategic autonomy—areas in which electrification plays a central role. Throughout the meeting, executives from leading companies across sectors—including energy, automotive, technology, telecommunications, aerospace and pharmaceuticals—addressed the most pressing priorities facing Europe’s industrial ecosystem. Background The European Round Table for Industry was established in 1983 to foster cooperation between businesses, policymakers and stakeholders in support of the development of the European Union’s single market and single currency. Today, its 60 member companies are committed to sustainable growth, job creation and strengthening Europe’s global role. Collectively, these companies generate annual revenues of nearly €3 trillion, employ more than 6 million people worldwide and invest approximately €120 billion each year in R&D. Companies attending the ERT Associates meeting hosted by Iberdrola A.P. Møller-Mærsk, Air Liquide, Airbus, ArcelorMittal, ASML, AstraZeneca, BASF SE, Borealis AG, Capgemini, Deutsche Telekom, dsm-firmenich, E.ON, ENGIE, Eni, Ericsson, FTI Consulting, GSK, Heidelberg Materials, HEINEKEN, Iberdrola, Inditex, Investor AB, L'Oréal, Mercedes-Benz Group, Michelin, MOL, Nestlé, Nokia, Norsk Hydro, NXP Semiconductors N.V., Orange, Royal Philips, Saint-Gobain, SAP, Schneider Electric, Shell plc, Siemens AG, Smurfit Westrock, Sonae, Syensqo, Techint Group of Companies, Telefónica, thyssenkrupp, TITAN S.A., TotalEnergies, Umicore, Unilever, UPM, Veolia, Vodafone Group, Volvo Group. READ MORE
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15/04/2026 - 12:27 UTC +02:00Iberdrola launches a new edition of its Shareholders’ Day in Valencia Iberdrola has launched a new edition of its Shareholders’ Day in Valencia, a series of in-person events to be held in several cities across Spain in the lead-up to the General Meeting scheduled for 29 May. Following the success of previous years, the Group has tripled the number of host cities, reinforcing its commitment to shareholder engagement and to fostering a close relationship based on active listening. After Valencia, the meetings will continue on 21 April in Zaragoza, 23 April in San Sebastián, 5 May in Pamplona, 13 May in Madrid and 26 May in Bilbao. Based on previous editions, Iberdrola expects to bring together more than 2,000 shareholders overall. As part of the company’s 125th anniversary celebrations, the Investor Relations team presented to shareholders in Valencia—at The Westin hotel— the key factors that have positioned Iberdrola as a global leader. The presentation highlighted the company’s transformation over the past 25 years, the main figures of its Strategic Plan through to 2028, and its strong performance in the 2025 financial year, in which Iberdrola once again recorded a record net profit of more than €6.2 billion. The Shareholders’ Day has become a well-established forum for direct dialogue, allowing participants to learn first-hand about the milestones shaping Iberdrola’s development, engage with the management team, take part remotely in the General Meeting and receive the traditional commemorative gif. 125 light-years’ Exhibition Attendees at the Valencia event were the first to visit the ‘125 light-years’ exhibition, launched to mark Iberdrola’s 125th anniversary . Through a series of photographs and videos, the exhibition showcases the company’s evolution, its innovative spirit and its close connection with society. The exhibition includes images from the company’s early presence in the Valencian Community, such as an early 20th-century photograph of the Hidroeléctrica Española building in Buñol (Valencia), as well as visual records of Iberdrola’s efforts to restore electricity supply in emergency situations. These include its response to severe storms in the province of Valencia and the public’s appreciation following the 2022 incident affecting the electricity cable supplying the island of Tabarca (Alicante). Also featured is the Cortes–La Muela hydroelectric complex in Cortes de Pallás (Valencia), Europe’s largest pumped-storage facility and a landmark engineering project that supplies clean energy to millions of homes and industries. Closer engagement with shareholders and enhanced participation The General Meeting will be held with both in-person and remote participation options. The company has provided shareholders with extensive facilities to engage remotely in advance of the meeting via the corporate website, the shareholder helpline, instant messaging and postal voting. Iberdrola continues to strengthen its model of an open, accessible and sustainable GSM, which also includes permanent communication channels with shareholders and investors, such as the Shareholder Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the GSM agenda, and in line with its commitment to shareholder remuneration, the Board of Directors will propose a supplementary dividend of €0.427 per share, in addition to the €0.253 per share interim dividend paid on 2 February. In total, Iberdrola will allocate €4.5 billion to dividends for the 2025 financial year. In addition, the company will propose a shareholder engagement dividend of €1 gross for every 200 shares, subject to the GSM reaching a quorum of 70% of share capital. READ MORE
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15/04/2026 - 11:20 UTC +02:00SP Energy Networks strengthens its flexibility markets with the new ElectronConnect platform ScottishPower Energy Networks, the distribution business of ScottishPower, a subsidiary of the Iberdrola Group in the UK , completed its transition to ElectronConnect a few weeks ago. This new market platform is designed to manage and procure grid flexibility services. The change, effective from 31 March 2026, forms part of the company’s efforts to promote solutions that facilitate the integration of renewable energy and the electrification of demand. It also aims to make it easier for service providers to participate and to support the continued growth of these markets. ElectronConnect has been developed in collaboration with flexibility service providers and is designed to enable their participation across all SP Energy Networks flexibility markets. The platform incorporates automation and user experience enhancements to simplify both access to and operation within the market, from registration and asset management to bid submission, thereby contributing to more efficient system operation. You can read the full news story at the ScottishPower Energy Networks Media room. READ MORE
