News
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18/03/2026 - 09:58 UTC +01:00ScottishPower’s Greater Manchester grid upgrade project is progressing well ScottishPower Electricity North West, the distribution arm of ScottishPower and part of the Iberdrola Group in the UK, is making strong progress on its project to upgrade the electricity network in Salford, backed by an investment of more than €27 million. As part of the project, ScottishPower Electricity North West has installed three 132,000 volt, 75-tonne transformers to help transfer power across Greater Manchester. In addition, work is underway to replace ageing underground cables with modern infrastructure. This programme of works will ensure that the growing demand for electricity can be met as more people adopt technologies that rely on the power grid , such as electric vehicles and heat pumps. You can read the full story at the ScottishPower Electricity North West Media room . READ MORE
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17/03/2026 - 18:00 UTC +01:00Iberdrola calls its General Shareholders' Meeting for 29 May At its meeting today, Iberdrola's Board of Directors agreed to call the company's 2026 General Shareholders' Meeting for 29 May. The company will submit to its shareholders for approval the results for the 2025 financial year , a period marked by record profits (€6.285 million) and investments (€14.460 million). Iberdrola arrives at this Annual General Meeting, marking its 125th anniversary, with a market capitalisation at an all-time high of nearly €135.000 million, consolidating its position as Europe’s leading electricity company and one of the two largest in the world. Thanks to this excellent performance, the Board of Directors will propose to the General Meeting a supplementary dividend of €0.427 per share, in addition to the €0.253 per share paid on 2 February as an interim dividend. This means that €4.500 million will be allocated to dividends for the 2025 financial year. In addition, the Board of Directors has proposed distributing an engagement dividend of €0.005 per share to all its shareholders, if a quorum of at least 70% is reached. In this way, the company reaffirms its desire to encourage the participation of its hundreds of thousands of shareholders and their involvement in the company's decisions, both at the General Meeting and throughout the year. The agenda for the upcoming Meeting includes a total of 23 proposed resolutions, among which are the re-elections of María Ángeles Alcalá Díaz, Isabel Garcia Tejerina and Anthony L. Gardner as independent directors and the ratification and re-election of Pedro Azagra, the Group's Chief Executive Officer, and Marina Freitas Grossi, and Marina Freitas Grossi from Brazil, who joins as an independent director to replace Regina Helena Jorge Nunes, who is stepping down of her own accord to take on new responsibilities. Marina Freitas Grossi chairs the Brazilian Business Council for Sustainable Development and has been appointed by the Brazilian Government as the COP30 Special Envoy for the business sector. She has also served as an advisor to the Brazilian Ministry of Science and Technology, where she headed the global change research division, and as a director of Neoenergia. Her appointment confirms the international profile and reinforces the diversity of experience within Iberdrola’s Board of Directors, in line with Iberdrola’s corporate governance mechanisms and policies. The approval of the annual accounts, the management report, the non-financial information statement for 2025 and the actions linked to the ‘Iberdrola Retribución Flexible’ programme are also proposed. Strong commitment to shareholder engagement The Meeting will be held with physical and remote attendance, with extensive facilities for remote shareholder participation via the corporate website, the shareholder telephone line, instant messaging and postal voting, reinforcing the open, accessible and sustainable Meeting model that the Group has been developing for years. In addition, the Company will promote the ongoing involvement of shareholders through various conferences and face-to-face meetings and remains active through its other information and engagement channels: OLA Shareholder's Club , Shareholder Office, Investor Relations Office and the Virtual Shareholder Assistant. READ MORE
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16/03/2026His Majesty the King presents the Iberdrola Scholarships, which promote talent and employability His Majesty the King presided this morning over the ceremony for the 2025–2026 Iberdrola Scholarships , accompanied by Iberdrola’s Chairman , Ignacio Galán, and the Spanish Minister for Digital Transformation and the Civil Service, Óscar López Águeda. The grants aim to promote excellence in education, professional development and improved employability. The initiative forms part of Iberdrola’s people management policies, which have been recognised with the Top Employer Enterprise certification for the second consecutive year. The company has also repeatedly been ranked as the organisation in the sector with the greatest ability to attract and retain talent in Spain, according to the Merco Talento study. In addition, Iberdrola has been awarded the Great Place to Work (GPTW) certification in Brazil, recognising it as one of the best companies to work for in the country. “Through our scholarships, we promote training and employment for professionals in a key sector that is experiencing the greatest cycle of investment and growth in its history thanks to electrification. Through this programme, hundreds of people have already received training in network technologies, energy generation and storage, as well as in emerging fields such as artificial intelligence,” explained Ignacio Galán. The chairman also highlighted that the awarding of the scholarships takes place in a particularly significant year for the company. “We are celebrating 125 years of commitment to people, working alongside leading academic institutions — from which we recruited 4,500 professionals last year — with supplier companies that generate half a million jobs worldwide linked to our activity, 125,000 of them in Spain, and with foundations and NGOs with which we carry out extensive social initiatives, while also promoting values such as equality through sport. “In a complex world, it is more important than ever for committed companies such as Iberdrola to continue investing in talent and in a better future for everyone.” Iberdrola Scholarships, a demonstration of the Group’s commitment to society The awarding of these scholarships is another example of Iberdrola’s commitment to progress and its firm determination to continue creating opportunities for growth. By 2028, the Group plans to recruit 15,000 professionals, allocate €65 billion to purchases from suppliers, and generate €40 billion in tax contributions. The event also included a round-table discussion on the importance of talent in driving economic growth and social development, featuring Jim McDonald, Rector and Vice-Chancellor Emeritus of the University of Strathclyde; Javier Ormazabal, Chairman of Ormazabal and Grupo Velatia; Begoña Arana, Founder and Managing Director of Betania; and Sandra Sánchez, Olympic, World and European karate champion. The ceremony took place at Iberdrola’s Innovation and Training Campus in Madrid, a facility dedicated to preparing professionals to meet the demands of a constantly evolving society and, in particular, the challenges of a strategic sector such as energy. Approximately 13,000 people pass through its classrooms each year. A programme to attract the sector’s future leaders The Iberdrola Scholarships have become one of the main channels for attracting talent to the company, offering internships and career opportunities in the various countries where the Group operates. Iberdrola awards scholarships and training opportunities in several areas: * Iberdrola International Master’s Scholarships, aimed at specialisation in strategic disciplines for the energy sector at universities in Spain and the United Kingdom, including the Universidad Pontificia Comillas, the Universidad Politécnica de Madrid, the University of Salamanca, the University of Strathclyde, Imperial College London, the University of Rochester and the University of Connecticut. * Smart Grids Master’s Internship Scholarships, designed to train experts in smart grids by combining academic study with a subsequent placement in Spain. * ICAI Scholarships, supporting high-potential university students in disciplines related to the energy sector. * Graduate Programme, designed to recruit recent graduates – or professionals with up to two years’ experience – with technical profiles through a two-year development programme that includes international experience in Spain, the United Kingdom and the United States. * University, Technical and Project Management Apprenticeship Programmes, as well as the Power Academy Programme in electrical engineering, run in the United Kingdom. * Iberdrola Electricians’ Schools in Brazil, which train the company’s technical operators and include dedicated programmes for women. This initiative has been recognised by the World Economic Forum and the United Nations. * EXE STEM Women Scholarships, which promote educational leadership and scientific and technological careers among girls from vulnerable backgrounds. * Advanced Cybersecurity Training Programme, in Spain. * Restoration Scholarships at the Prado National Museum and the Bilbao Fine Arts Museum, a two-year programme for specialists in the conservation of artistic heritage. * ADOP Plan Scholarships, designed to facilitate the career transition of Paralympic athletes through academic training, whether at university, vocational training or other educational pathways. * Fundación Carolina Scholarships, aimed at graduates from Latin America and Portugal interested in pursuing advanced studies in energy and environmental fields at Spanish universities. READ MORE
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12/03/2026 - 10:43 UTC +01:00Iberdrola registers bid to acquire 100% of its Brazilian subsidiary Neoenergia Iberdrola has officially published the documentation (‘Edital’) for the takeover bid for all Neoenergia shares not controlled by the Group, according to information submitted today to the securities commissions. On 24 November 2025, the company launched a takeover bid for 16.2% of Neoenergia's share capital, a transaction that would give it 100% control of its Brazilian subsidiary. Iberdrola is offering the same price paid in the acquisition of the stake held by Caixa de Previdência dos Funcionários do Banco do Brasil (“PREVI”), corresponding to 30.29% of the capital -32.5 Brazilian reais per share- adjusted by the official Brazilian interest rate, known as SELIC, and reduced by the extraordinary dividend declared by Neoenergia on 31 December 2025. With this transaction, Iberdrola reaffirms its commitment to growth in electricity networks and to Brazil: Neoenergia, which focuses 90% of its business on networks, supplies electricity to around 40 million Brazilians through five distributors in the states of Bahia, Rio Grande do Norte, Pernambuco, Sao Paulo, Mato Grosso do Sul and Brasilia, and 18 transmission lines, making it the country's leading distribution group in terms of number of customers. The company is present in 18 states and the Federal District, has more than 725,000 kilometres of electricity distribution lines and 8,000 kilometres of transmission lines, and has 3,600 MW of renewable generation, mainly hydroelectric. READ MORE
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10/03/2026 - 10:02 UTC +01:00ScottishPower and the University of Glasgow announce new collaboration The partnership between ScottishPower Energy Networks –the distribution arm of ScottishPower, a subsidiary of the Iberdrola Group in the United Kingdom – and the University of Glasgow has been renewed to establish a sector-leading Cyber Defence Laboratory. This strategic partnership will fund doctoral and postgraduate programmes and help develop the digital, data analytics, cybersecurity, and AI capabilities required to deliver a resilient, net-zero electricity system. The collaboration aims to strengthen the UK electricity grid, improve outcomes for customers, and support the broader mission of decarbonising the UK. You can read the full story at the ScottishPower Energy Networks Media room. READ MORE
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09/03/2026 - 16:12 UTC +01:00Neoenergia and the Ministry of Culture (MinC) to invest nearly one million euros in cultural projects Neoenergia, a subsidiary of the Iberdrola Group in Brazil, and the Ministry of Culture (MinC) have launched the Rouanet programme, which will invest nearly one million euros (6 million reais) in cultural projects with the aim of expanding access to cultural funding in regions historically less reached by the Rouanet Law. The programme will support at least 30 cultural initiatives and aims to strengthen artistic and cultural production beyond major urban centres, while promoting cultural activities and initiatives in smaller cities. This partnership promotes local identities and creates opportunities for the communities that need them most, strengthening Brazil’s cultural diversity and broadening access to culture. You can read the full story at the Neoenergia Media Room . READ MORE
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06/03/2026 - 07:19 UTC +01:00Iberdrola accelerates growth in Australia with the acquisition of its first wind farm in the state of Victoria Iberdrola has completed the acquisition of the Ararat wind farm, located in the state of Victoria, Australia, from Partners Group and OPTrust, after obtaining all the necessary approvals to carry out the operation. With this operation, the Group now has a presence in five states across the country: New South Wales, South Australia, Victoria, Queensland and Western Australia. With a capacity of 242 megawatts (MW) and operational since 2017, the wind farm becomes Iberdrola’s biggest wind farm in Australia and its first owned generation asset in Victoria, the second most populous state in Australia and one of the fastest growing regions. This acquisition reinforces Iberdrola’s ability to supply its business customers portfolio with own generation while also selling a significant portion of its output through Power Purchase Agreements (PPAs) , providing predictable cash flows in a state targeting 95% renewable energy by 2035. Iberdrola has become one of the energy leaders in the Australian market with more than 2,500 MW of installed capacity, mainly distributed among onshore wind farms , solar plants and batteries. The company has also recently entered the country's grid business with VNI West (Victoria to New South Wales Interconnector West), a key infrastructure project that will connect the states of Victoria and New South Wales. The operation reaffirms Iberdrola's commitment to expanding electrification through renewables, networks and energy storage to achieve self-sufficiency and energy security in all geographical areas where the Group operates worldwide. This is the sixth transaction completed by Iberdrola so far this year, following the sale of its onshore generation in France, the sale of mini-hydro assets and the slurry business in Spain, the sale of Hungary and the addition of 650 MW of solar power to the joint venture with Norges. All these initiatives are aligned with the Iberdrola Group’s strategy of focusing its investments on its core businesses – primarily generation with long-term contracts or regulated networks – and on key markets. READ MORE
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04/03/2026 - 11:35 UTC +01:00Iberdrola, in the world's top 100 AI projects to promote sustainability Iberdrola has been recognised as one of the leading companies in the use of artificial intelligence with the greatest positive sustainable impact thanks to MeteoFlow, its platform for predicting electricity production in the Group's renewable facilities. This tool has been selected by the International Research Centre on Artificial Intelligence (IRCAI), a UNESCO-linked body, as one of the world's 100 most outstanding projects in the 2025 edition of the Global AI & SDG Index, a global index of AI innovations for the advancement of sustainability, with a rating of "Excellent". MeteoFlow is a key platform in the Iberdrola Group's operations and an example of its ability to develop innovative solutions with a real impact on the business and on the energy sector as a whole for the benefit of society, through the promotion of the electrification of the economy. Its predictions facilitate the integration of renewable energy into the electricity system, improve grid management and contribute to a cleaner, safer and more efficient energy model, thanks to its usefulness in reducing emissions, improving energy planning, protecting critical infrastructures against weather phenomena and guaranteeing a quality electricity supply. It is a project with a long history. It was born in 2004 at Iberdrola with the aim of anticipating the production of renewable energy, especially that which depends on weather conditions, such as wind and solar. Since then, the system has constantly evolved with the incorporation of new technologies and continuous improvements. Today, MeteoFlow combines advanced weather models with artificial intelligence to deliver highly accurate predictions. Each wind farm or solar plant has models adapted to its characteristics, which allow production to be estimated from one hour to ten days in advance. This helps to make better decisions and make the most of the renewable energy available. Artificial intelligence has been a fundamental piece since the first years of the project. As early as 2005, MeteoFlow started using neural networks to improve its forecasts. With the passage of time and the growth of renewable installations, the system has included Big Data technologies, capable of managing large volumes of meteorological and operational data in real time. IRCAI's recognition highlights more than twenty years of continuous work in innovation. MeteoFlow has been developed entirely within the company and has been part of research projects carried out together with international reference centres. This approach has made it possible to maintain a high level of technology, reduce risks and improve operational efficiency. READ MORE
