News
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01/10/2025 - 10:35 UTC +02:00Iberdrola installs photovoltaic self-consumption system on Spanish Congress of Deputies Iberdrola España, Iberdrola's subsidiary in Spain , has installed a photovoltaic self-consumption system on the lower house of the Spanish Parliament. The project consists of three photovoltaic installations with 112 solar panels and will enable the congress to supply itself with 90 MWh. This will cover the energy needs of the offices and meeting rooms. The solar panels were installed on the buildings of the congress’ extension, keeping its aesthetic and the surrounding environment intact, combining the new with the old. Iberdrola leads the photovoltaic self-consumption market in Spain. This is part of its commitment to accelerating electrification and developing new products that improve efficiency and energy savings. You can read the full story at the Iberdrola España Press Room. READ MORE
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30/09/2025 - 14:08 UTC +02:00Avangrid recognised by the Edison Electric Institute (EEI) for its relief efforts following Hurricane Helene Avangrid, the US subsidiary of the Iberdrola Group, has been recognised for its outstanding relief efforts following Hurricane Helene. Its distribution companies — Central Maine Power (CMP), New York State Electric & Gas (NYSEG), Rochester Gas and Electric (RG&E), and United Illuminating (UI) — have received the Emergency Response Award from the Edison Electric Institute (EEI). The Emergency Response Awards are presented twice a year to EEI member companies in recognition of their recovery and assistance efforts following service disruptions caused by extreme weather or other natural events. Avangrid remains committed to investing in advanced technologies and strategic partnerships to enhance grid security, modernise infrastructure, and support the nation's energy independence. You can read the full story at the Avangrid Newsroom. READ MORE
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30/09/2025Iberdrola reinforces its co-investment alliance with Norges Bank adding 708 MW of renewables Iberdrola increases its co-investment alliance with Norway's sovereign wealth fund, managed by Norges Bank Investment Management, with the contribution of an additional 708 MW of renewable capacity corresponding to the photovoltaic installations of Ceclavin, with 328 MW and Tagus XL with 380 MW, both located in Extremadura (Spain). As in previous additions to this Joint Venture, Iberdrola will retain a majority stake of 51 % in these assets. This new agreement consolidates the co-strategic alliance of 2,500 MW renewable portfolio and more than 2 billion euros of co-investment in Spain and Portugal, which already includes other operational projects, thus reaching nearly 900 MW in operation in the joint venture. Other assets currently in an advanced stage of construction are expected to be contributed in the near future to the joint venture, created in 2023 to accelerate electrification , initially in Iberia and potentially in other geographies. Specifically, Ceclavin and Tagus XL already produce clean energy to supply more than 885,000 people a year in the region of Extremadura and contributes to avoiding the emission of 100,000 tonnes of CO2. A long-term partnership Norges Bank Investment Management has assets under management of around €1.7 trillion and stakes in more than 9,000 companies. It owns on average 1.5 % of all listed companies in the world and 2.5 % of all listed companies in Europe. Norges Bank Investment Management has been one of Iberdrola's largest shareholders for more than seven years, with a stake of close to 3 %. Building on this relationship, Norges Bank Investment Management joined forces with Iberdrola to make its first direct investment in renewable assets in Spain. Two leaders in their sectors, Iberdrola –the largest utility in Europe by market cap– and Norges Bank Investment Management –one of the largest sovereign wealth funds in Europe– are thus strengthening a long-term alliance that could be extended to additional renewable opportunities in other geographies. Transactions to grow In recent months, Iberdrola has signed and closed several transactions , including long-term alliances to drive the decarbonisation of the economy. Noteworthy examples include the acquisition of an additional 30% of its Brazilian subsidiary Neoenergía from PREVI , reaching approximately 84% of the capital or its partnership with Masdar to co-invest €5.2 billion in the 1.4 GW East Anglia THREE offshore wind farm in the United Kingdom. READ MORE
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29/09/2025 - 10:46 UTC +02:00Neoenergia renews its partnership with the Brazilian Olympic Committee (COB) up to 2028 Neoenergia, Iberdrola's subsidiary in Brazil , announces the renewal of its partnership with the Brazilian Olympic Committee (COB) up to 2028, reinforcing its commitment to Olympic sport, women’s inclusion and sustainability. Sport and people: the partnership plans actions to promote Olympic sport in Brazil, seeking to increase female participation, mainly in the concession areas of Neoenergia's five distributors, which serve 17 million customers in the Federal District, Bahia, Rio Grande do Norte, Pernambuco and part of the states of São Paulo and Mato Grosso do Sul, reaching a population of around 40 million people. You can read the full story at Neoenergia's Media Room. READ MORE
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25/09/2025 - 10:51 UTC +02:00Neoenergia extends concession agreement for its Pernambuco distributor to 2060 Neoenergia Pernambuco, Iberdrola's subsidiary’s distributor in Brazil , has just become the first electricity distributor in the country to obtain an early extension of its concession agreement from the Ministry of Mines and Energy. Five years ahead of schedule, the new agreement guarantees the company the possibility of bringing forward investments of around €1B until 2029, accelerating improvement of the electricity system and benefiting more than 4 million customers throughout the state. Over the last 25 years, Neoenergia has invested more than €3.17B in Pernambuco, promoting the modernisation, digitalisation and expansion of electricity grids. Neoenergia Pernambuco's process was approved by Brazil's National Electric Energy Agency and the Ministry of Mines and Energy after a careful assessment of the distributor's supply quality and economic and financial health KPIs. The company demonstrated continuity and reliability of service, as well as the ability to maintain the investments required annually by the concession. You can read the full story at Neoenergia's Media Room. READ MORE
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24/09/2025 - 09:00 UTC +02:00Iberdrola will invest €58bn to 2028 (+30%) to accelerate growth in Networks in US & UK Ignacio Galán, Iberdrola’s Executive Chairman, said: This plan aims to transform Iberdrola's profile into a more regulated company, with networks as a vector for growth. We will invest €58 bn by 2028, two-thirds of which will go to transmission and distribution networks, mainly in the United Kingdom and the United States. We expect to achieve a net profit of €7,6 bn in 2028, with around €20 bn allocated to dividends between 2024 and 2028. During this period, we will add more than 15.000 people to our workforce, make purchases of more than €65 bn to thousands of suppliers –supporting 500,000 jobs–, our tax contribution will exceed €40 bn, and we will invest €1,600 bn in R&D&I, while also achieving carbon neutrality by 2030. READ MORE
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23/09/2025 - 09:39 UTC +02:00Iberdrola to supply electricity to Amazon data centres in Oregon Iberdrola, through its US subsidiary Avangrid , has signed a power purchase agreement (PPA) with Amazon to supply clean electricity from a new photovoltaic project, Oregon Trail Solar. The 57 MW facility will be located in Gilliam County, Oregon, and will supply the tech giant's data centres in the region. This contract is in addition to others already signed by Amazon with the Iberdrola Group for projects in Germany, the United States, the United Kingdom, Portugal and Spain. In total, the US multinational has contracted 68,100 GWh of renewable energy from Iberdrola. With a capacity of 57 MW and an investment of $100M, Oregon Trail Solar will consist of approximately 100,000 solar panels and will begin operating in 2027. This is the second agreement between Avangrid and Amazon in the US’s northwest and follows on from a previous one, which includes the 98.4 MW Leaning Juniper IIA wind project, also in Gilliam County. The companies are working together on similar initiatives in Illinois, Ohio and North Carolina. You can read the full story in the Avangrid Media Room. READ MORE
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22/09/2025Iberdrola receives "Best Annual Report" award for excellence in sustainability communication Iberdrola was honoured with the Best Annual Report award at the 2025 Content Marketing Awards organised by the Content Marketing Institute (CMI), one of the most influential organisations in content marketing. This international recognition, which highlights the quality and editorial strategy of the electricity company's 2024 'Integrated annual report and sustainability information' , confirms the company as a benchmark in corporate communication. Iberdrola's document presents the group's main milestones in terms of sustainability , electrification and social commitment and has been praised for its clear and consistent structure, as well as for its use of multimedia resources that strengthen transparency and effectiveness in the dissemination of its information. Each year, the Content Marketing Awards recognise organisations that demonstrate excellence in the planning, execution and presentation of corporate content. The jury is made up of experts in communication, branding and digital strategy from around the world who evaluate criteria such as creativity, clarity of message and reputational impact. This award is in addition to the one recently given by the League of American Communications Professionals (LACP), which named Iberdrola the world's best utility in sustainability reporting, and the special recognition at the ARC Awards 2025 for the Chairman's Letter introducing the 2024 Annual Integrated Report and Sustainability Information. READ MORE
