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- 09/08/2018 Iberdrola starts the assembly of the first turbine for the hydroelectric power plant at Gouvães, in Portugal Assembly of the first hydroelectric turbine in Gouvães has begun, a key milestone in the construction of our Tâmega Hydroelectric Complex, one of the most significant hydroelectric projects of this type in the European energy sector in the last 25 years. This significant infrastructure, which endorses Iberdrola's firm commitment to renewable energy... READ MORE
- 04/08/2018 Iberdrola starts the transfer of the Andalusia II substation from Cádiz to the East Anglia One offshore wind farm in the United Kingdom Cádiz.- The 'Andalusia II' substation began its sea crossing last Saturday from the shipyard in Puerto Real (Cádiz) to the East Anglia One offshore wind farm that Iberdrola is building in British waters. The loading operation started at ten o'clock in the morning and went according to plan. The substation will be transported on a barge towed by the... READ MORE
- 27/07/2018 Iberdrola signs the first Power Purchase Agreement with a bank (a long term renewable energy contract) in conjunction with Kutxabank Bilbao, 27 July 2018. Iberdrola has concluded a long-term Power Purchase Agreement (PPA) to supply electricity based on renewable assets. The agreement is to run for 10 years and has become the first contract in the world of this kind to be signed between an energy company and a bank. All of the energy supplied will be renewable and come from the N... READ MORE
- 26/07/2018 Ignacio Galán: “We need to reinforce our networks. Every dollar or pound or euro we put in will be remunerated with a fair level” Iberdrola SA's Chief Executive Officer Ignacio Galán has been interviewed by Reed Landberg and Rodrigo Orihuela in Madrid and today, 26th July, the interview has been published in Bloomberg. Ignacio Galán said selling power directly to environmentally-conscious companies and running grids that earn a predictable return are at the heart of the strat... READ MORE
- 25/07/2018 Iberdrola obtains an ordinary net profit of €1.368 billion in the first half of 2018, an increase of 27% Iberdrola obtained a net ordinary profit[1] of €1.367 billion in the first half of 2018, 27% more than in the same period of the previous year. This increase is due to the positive performance of international business, the growing return from the €20 billion invested over the past five years, improved efficiency and the normalization of the operat... READ MORE
- 23/07/2018 Major investment in the energy sector in Portugal: EIB finances Iberdrola´s three new dams and hydropower plants on the Tâmega and Torno rivers The European Investment Bank (EIB) is financing one of the most important energy sector initiatives in Portuguese history. The EU bank will provide a EUR 650m loan to Iberdrola to support a major hydro electrical project that will increase energy storage capacity in the EU, provide services to the Iberian grid operators and ultimately facilitate th... READ MORE
- 19/07/2018 Iberdrola reaches one million homes with customised rates Madrid. Iberdrola has reached one million contracts for its Customised Plans, as part of its commitment to provide solutions that meet the needs and different consumption habits of its customers, allowing consumers to adapt to the energy costs they will be incurring. With this customised solution, households benefit from an average saving of 12% on... READ MORE
- 10/07/2018 Ignacio Galán: “Europe has the capability and the responsibility to lead the energy transition” Ignacio Galán has participated in an event called 'The vision of the European Union for a modern, clean and competitive economy', which was organised by the European Commission at the Free University of Brussels. He also reminded participants that the challenge of achieving a competitive and sustainable carbon-free economy should also be seen as an... READ MORE
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