News
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28/10/2025 - 08:26 UTC +01:00Growth in the UK and US drives Iberdrola to Record €9 Billion Investment, Boosting Profits by 17% Watch the webcast replay of the 2025 9 Months Results Presentation . READ MORE
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27/10/2025 - 15:00 UTC +01:00Iberdrola España completes 70% of the network redesign project in Valencia following the storm Iberdrola España, the company’s subsidiary in the country , has completed 70% of the il·lumina plan— an initiative through which its distribution company, i-DE, is investing €100M to redesign the electricity network damaged by the storm that struck the Valencian Community a year ago. Over the past several months, 450 transformer stations have been cleaned and renovated, and more than 300 medium-voltage pylons — affected by the buildup of mud and the force of floodwaters — have been rebuilt.. Iberdrola España’s investment in these new facilities has introduced enhanced resilience measures infrastructure design improvements and the adoption of the latest digitalisation standards. These upgrades will benefit more than 650,000 users, providing a stronger, more reliable network that is better prepared for potential future adverse events. You can read the full story at the Iberdrola España Press Room . READ MORE
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27/10/2025 - 14:23 UTC +01:00Iberdrola installs the converter station for its East Anglia THREE offshore wind farm, the Group's first with high-voltage direct current (HVDC) technology Iberdrola, through its British subsidiary ScottishPower Renewables, has successfully completed the installation of the high-voltage direct current (HVDC) marine converter station at the East Anglia THREE wind farm, located some 69 kilometres off the coast of Suffolk in British waters in the North Sea. The project, which will involve an investment of €5 billion, is the first of the Iberdrola Group's offshore wind farms to incorporate HVDC technology, the most efficient way to transport electricity over long distances. This substation is a key element in the development of East Anglia THREE, Iberdrola's largest offshore wind farm in the world and one of the largest globally. Its function will be to transform the electricity generated by the farm's 95 turbines from high-voltage alternating current to direct current. With a capacity of 1,400 MW, when it comes into operation at the end of 2026, the farm will be capable of generating enough clean energy to supply more than 2.4 million people in the United Kingdom. The £4 billion East Anglia THREE project is a joint project between Iberdrola and Masdar, who took a 50% stake in the windfarm in July 2025 as part of a wider strategic partnership. The Masdar–Iberdrola partnership is one of the largest bilateral alliances in the global clean energy sector. The structure installed is impressive: it weighs 10,700 tonnes and measures 70 metres long, 34 metres wide and 48 metres high. It is the largest module built to date by the Iberdrola Group. To give an idea of its size, the offshore converter station is similar in height to a 16-storey building and weighs 50% more than the Eiffel Tower. The installation operation was a technical challenge, successfully executed thanks to the world's largest crane vessel, Heerema Marine Contractors' SSCV Sleipnir, which had already laid the project's offshore foundations last summer. The module was manufactured in Mangalia (Romania) in mid-2024 and, after travelling more than 3,800 nautical miles, arrived at the Aker Solutions shipyard in Stord (Norway) for final assembly. The installation of this offshore converter station marks a milestone in the progress of the project and reflects the joint effort of the teams and suppliers to carry out a highly complex engineering project. READ MORE
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27/10/2025 - 11:34 UTC +01:00Iberdrola receives award for company that adds most value through M&A Iberdrola has been honoured the Impulsa 2025 award by Capital & Corporate as the company that has most driven its growth through corporate operations . The award was collected by David Mesonero, the company's Director of Corporate Development, at its Annual CapCorp Congress. The award highlights the growth and leadership strategy that Iberdrola has deployed in recent years in mergers, acquisitions and strategic partnerships. Over the last two years, Iberdrola has topped the European ranking with 26 transactions and a transaction volume exceeding €18.5B. Its intense activity has enabled the company to meet its 2026 targets ahead of schedule and make solid progress towards meeting its 2028 goals. Iberdrola's strategy combines partnerships with leading partners, acquisitions in strategic businesses and divestments in non-priority geographical areas. Among the most significant transactions were the purchase of the Electricity North West (ENW) distributor in the United Kingdom for €5B, the acquisition of a minority stake in Avangrid , its US subsidiary, and the increase in control of Neoenergía , its Brazilian subsidiary. The company has also signed partnerships with institutional partners in key markets to spur on international expansion and the development of smart grid and renewable energy projects, sharing risks and optimising financing. Thanks to these operations, Iberdrola has consolidated its position as the leading utility in Europe and one of the two largest in the world by market capitalisation, reaching nearly €115B. CAPCorp is the annual congress for private equity and M&A professionals in Spain. Capital & Corporate is a leading magazine in Spain specialising in information on private equity, venture capital and mergers and acquisitions (M&A). With more than 20 years of experience, this publication is for professionals in the financial and corporate sector, offering reports, interviews, articles, databases and analysis of the main operations and market trends. READ MORE
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27/10/2025 - 10:06 UTC +01:00Ignacio Galán discusses the Iberdrola of today and tomorrow with more than 300 employees from around the world Iberdrola Executive Chairman Ignacio Galán held a meeting with more than 300 professionals from 15 countries, focusing on the growth and transformation prospects that the 2025–2028 strategic plan represents for the Group. The session also addressed the positive impact of the plan in terms of energy security and autonomy, competitiveness, jobs, procurement, innovation and tax contribution, as well as the development opportunities it will mean for the Group's more than 45,000 professionals. Under the slogan ‘Creating Connections to Power the Future’, Iberdrola's Innovation and Training Campus ( San Agustín del Guadalix, Madrid) hosted an event where employees from the Group's different countries and businesses had the opportunity to talk to Ignacio Galán and ask him questions about the future of energy, Iberdrola's role in the industry’s transformation, the Group's prospects in different countries, and its team’s qualities and values. Ignacio Galán reviewed Iberdrola's track record over the last 25 years, which has led it to serve 100 million people and consolidate its position as the largest utility in Europe and one of the two largest in the world, with a market capitalisation of €114B: ‘We are a successful company thanks to our reliability and always being one step ahead’. In addition, the Executive Chairman of Iberdrola reaffirmed the validity of the Group's strategic vision — reflected in its 2028 investment plans of €58B — and highlighted the essential role each employee plays in its execution: ‘We know exactly where we want to go, but achieving the growth we have set ourselves will depend on each and every one of us.’ ‘We have ambitious teams who have a future vision’, he added, encouraging the Iberdrola team to work ‘ethically, with commitment and a spirit of creation’ and to ‘be entrepreneurs’. Finally, Galán expressed his belief in Iberdrola's growth potential: ‘If 25 years ago we were barely number 20 in the world and today we are number one in Europe and number two worldwide, we can do whatever we set our minds to.’ READ MORE
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23/10/2025 - 14:21 UTC +02:00Ignacio Galán receives the 2025 International Energy Award in Qatar At a ceremony held in Doha, the Chairman of Iberdrola , Ignacio Galán, received the 2025 International Energy Award in the category "Lifetime Achievement for the Advancement of Renewables". The award was presented by the International Foundation for Energy & Sustainable Development, founded by former Deputy Prime Minister and former Minister of Energy and Industry of Qatar, Abdullah Bin Hamad Al-Attiyah. With this prestigious award, the Foundation recognised Galán's visionary leadership and his decisive role in the industry's evolution towards cleaner, more innovative and efficient models throughout his professional career. The jury highlighted his ability to anticipate the challenges and opportunities of the sector, foster international collaboration and alliances, and maintain a firm commitment to sustainability. During his acceptance speech before business executives, ministers and ambassadors, the Chairman of Iberdrola expressed his gratitude for an honour that unites him “with a select group of distinguished individuals who have received this international award” and which he received “in a country as special to me as Qatar”. With more than two decades at the helm of Iberdrola, Ignacio Galán has transformed the company into a global benchmark for its commitment to the electrification of the economy. Today, Iberdrola is the leading European utility by market capitalisation and one of the two largest in the world, with a presence in key markets such as the United Kingdom, the United States, Brazil, Spain, France, Germany and Australia. Under his leadership, Iberdrola pioneered renewable energy, smart grids and storage decades ago, and is now driving an ambitious strategic plan that strengthens its regulated profile with grids as a vector for growth. The Group will invest €58 billion by 2028, two-thirds of which will be allocated to transmission and distribution networks, mainly in the United Kingdom and the United States. Other personalities have also been honoured this year, including Steven Chu, winner of the Nobel Prize in Physics in 1997, and Haitham Al-Ghais, Secretary General of OPEC. About the Al Attiyah International Energy Awards Since 2013, these awards have recognised the professional excellence of individuals who have made outstanding contributions to the global energy industry. Previous winners include the Executive Director of the International Energy Agency (IEA), Fatih Birol; the former Secretary General of OPEC, Abdalla Salem El-Badri; and the former Prime Minister of Qatar, Sheikh Khalid Bin Khalifa Al-Thani. The Abdullah Bin Hamad Al-Attiyah International Foundation for Energy & Sustainable Development is a non-profit organisation based in Qatar, created to preserve and expand the legacy of its founder's more than 40 years of service in the energy sector. This independent thinktank provides rigorous and practical analysis and promotes dialogue and global cooperation among leaders, experts and policymakers to advance a more just and sustainable energy future. READ MORE
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22/10/2025 - 16:44 UTC +02:00New CEO of Iberdrola Australia Iberdrola has announced that Ross Rolfe, Chairman and CEO of Iberdrola Australia, will step down from his position as Chief Executive Officer at the end of 2025. He will continue to serve as Chairman of the Board of Iberdrola Australia. The company will appoint Paul Simshauser as CEO of Iberdrola Australia to replace him. Paul Simshauser was CEO of Powerlink Queensland and Professor of Economics at the Centre for Applied Research in Energy Economics and Policy (CAEEPR). A renowned economist specialising in energy, he has held leadership positions for more than 25 years in Australia's energy markets, regulatory bodies and public policy institutions. Since 2020, Iberdrola Australia has invested $2.5 billion — in addition to the $1.4 billion associated with the acquisition of Infigen — in wind, solar and battery storage projects in South Australia, New South Wales and Queensland, where it employs more than 250 people. In addition, the company has tripled in size, quadrupled its customer base, obtained a feasibility licence for offshore wind energy in Victoria and launched a new grid business. You can read the full story in Iberdrola Australia's Media Room. READ MORE
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17/10/2025Iberdrola distributed 188,753 GWh of electricity until September, up 6%, driven by the United Kingdom and Spain The electricity distributed by Iberdrola worldwide during the first nine months of the 2025 financial year increased by 6% to 188,753 gigawatt-hours (GWh), driven by the business in the United Kingdom (+43%, including the contribution of Electricity North West) and in Spain (+3%), as reported by the company to the National Securities Market Commission (CNMV). This good balance in distribution, as a result of the increase in demand and electrification, has been accompanied by an increase in production, which stood at 96,047 GWh worldwide between January and September, with significant growth in Iberdrola Energía Internacional (+15%), Spain (+5%) and Brazil (+3%). In the isolated third quarter, the recovery of the United Kingdom is also noteworthy, a country in which production grew by 9% between July and September. By technology, the greater contribution of offshore wind (+33%) has been significant, through the Group's projects in the United Kingdom, Germany, France and the United States; and solar (+41%), especially by plants in Spain, the United Kingdom, the United States and other European Union countries such as Portugal and Italy. Installed capacity and emissions balance Iberdrola's installed capacity worldwide stood at 57,453 megawatts (MW) at the end of September 2025. Of this figure, more than 40% corresponds to onshore and offshore wind, 22% to hydroelectric and 15% to solar. Also noteworthy is the increase in battery capacity, which stands at 503 MW (+154%), with developments in Australia, Spain and the United Kingdom. By country, Iberdrola has increased capacity in practically all the main geographies and already has 32,125 MW in Spain, 3,158 MW in the United Kingdom, 10,581 MW in the United States, 4,167 MW in Brazil and 4,823 MW in other countries including Australia, Germany, Italy and Portugal. The Group's emissions stand at 57 grams of CO2 per kilowatt hour, compared to 63 in the same period in the 2024 financial year. In addition, 86% of production and 84% of installed capacity is through clean sources. READ MORE
