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21/03/2025 - 13:06 UTC +01:00Iberdrola holds another meeting with minority shareholders in Bilbao Iberdrola continues in Bilbao its round of meetings with minority shareholders in Spain with a meeting next Monday 24 March in Bilbao at Torre Iberdrola. The electricity company chaired by Ignacio Galán continues its meetings with shareholders to engage investors with the company. This initiative’s mission is to encourage an on-going, fluid, and personal dialogue with shareholders, who are the focus of Iberdrola's strategy. On this occasion, Ignacio Cuenca, Iberdrola's Director of Investor Relations, will meet with shareholders to present the company's balance sheet for the past financial year. Later on, Iberdrola will hold more meetings with a focus on different business areas that will be attended by other top-level executives. The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, Iberdrola group’s distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained to more than fifty Valencian shareholders the il.lumina plan, in which Iberdrola will invest €100 M to redesign the electricity distribution network damaged by the cold drop of 29 October. The meetings take place in person and are broadcast live on Meeting with Shareholders . 365 engagement and participation policy These initiatives are part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and reflected in the Articles of Association, with a special focus on small investors. Iberdrola was a pioneer in introducing this strategy in the company’s management, which seeks to involve all its stakeholders in its business project, based on transparency, active listening and effective disclosure of its activities. Shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholders' Club. Any question, query, initiative or proposal sent over the website – confidentially or openly to other shareholders – will be answered within 48 hours. You can register for the OLA over its website: https://www.iberdrola.com/shareholders-investors/shareholders/shareholders-club. The electricity company also has other means to communicate with its investors, such as the free telephone 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by e-mail (accionistas@iberdrola.com). Shareholders need only provide their full name and ID card number. Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to encourage this always-open relationship channel and to reward, with exclusive advantages, everyone who have shown their support for and trust in the company's path. Over the years, this initiative has been consolidated as a best practice by the rest of the large listed companies on the Spanish stock exchange. Dividend, key to the strategy Iberdrola is fully committed to its shareholders and dividend is considered a key element. The company has proposed paying a gross dividend of €0.635 per share against the 2024 financial year, reaching the target set for 2026 and 15% higher than the €0.553 per share paid out against the 2023 financial year. The participation dividend will be added to this amount once approved at the General Shareholders' Meeting and if the quorum for participation is reached. One of the characteristics most valued by analysts is the company's profitability. Since 2001, the Iberdrola share has increased its value from €3.5 to over €14 and has distributed more than €7.7 in dividends. READ MORE
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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 México teams up with car manufacturer Honda to supply its manufacturing plants with clean energy Iberdrola México , 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 Mexico 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 México 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 México and Bayer commission a photovoltaic self-consumption system to produce sedes Iberdrola México 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 México 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
