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13/11/2018Ignacio Galán is appointed Honorary Member of the Spanish Institute of Engineering Today, the chairman of Iberdrola, Ignacio Galán, received the medal and diploma that confirm him as an Honorary Member of the Spanish Institute of Engineering 2018, in recognition of a long, successful life dedicated to engineering” and “his abilities, skills and worth as an engineer”. This took place at the award-giving ceremony held at the institution’s Madrid headquarters after a laudatio of the chairman of Iberdrola given by José Pérez Arriaga, who, like Galán, is an industrial engineer from ICAI. After expressing his gratitude, the chairman of Iberdrola said that he is an “engineer by pure vocation” and that he studied Industrial Engineering because he was “drawn by the dream of transforming reality, of proposing and creating innovative solutions to improve people’s quality of life”. In this vein, Ignacio Galán encouraged young people to choose this branch of knowledge: “Companies need employees trained in all fields of engineering. Men and women with a clear vocation to be of service to society and who are keen to change the world; to face unexpected events and to lead technological progress. In short, to discover the unknown, decipher it, apply it and make it beneficial to society.” During this speech Ignacio Galán added that because of these ambitions, “in 2001 we made an unprecedented commitment to renewable energy, to energy storage, smart grids and digitalisation, transforming Iberdrola - according to the terminology used by Professor Pérez Arriaga - into theutility of the future’ ”. “As a result of this innovative industrial approach, Iberdrola has become an established global leader in renewable energies and one of the world’s five largest electricity companies”, continued Galán. The chairman of Iberdrola highlighted that “we employ more than 400,000 people and make purchases worth 20,000 million euros from thousands of suppliers, having a positive impact on the countries where we operate. This is in addition to the Group's fiscal contribution, which totalled 7,100 million euros last year, almost 3,300 million of which was paid into the Spanish public treasury. Sener chairman Jorge Sendagorta Gomendio was also awarded honorary membership of the Spanish Institute of Engineering 2018 during the same ceremony. Profile of the chairman of Iberdrola Ignacio Galán is an Industrial Engineer graduate of the Escuela Superior de Ingeniería (ICAI) of the Universidad Pontificia Comillas (Madrid). He holds a degree in Business Administration and Foreign Trade from the ICADE of the Universidad Pontificia Comillas (Madrid), and a degree in General Business Administration and Foreign Trade from the Escuela de Organización Industrial (EOI) in Madrid. He is chairman and CEO of Iberdrola and chairman of the subholding companies of the Iberdrola group in the United Kingdom (ScottishPower), in the United States (Avangrid, a company listed on the New York Stock Exchange) and in Brazil (Neoenergia). During his laudatio, José Ignacio Pérez Arriaga said that “Galán has managed leading companies in the most advanced industrial and technology sectors, different businesses where he has always made his vision of the future and his capacity to anticipate society’s new needs patently clear”. “A commitment to solid and sustainable industrial projects; the promotion of good corporate governance; efficiency and financial soundness; prudence in managing the balance sheet and growth with profitability have been the cornerstones of his long professional career. As well as this, he considers it essential to create culturally integrated teams, fully oriented towards achieving strategic objectives”, added Pérez Arriaga. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola forms part of numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE 4Good, and is considered one of the most sustainable electricity companies in the world. READ MORE
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13/11/2018Ignacio Galán congratulates Sandra Sánchez for winning gold at the Karate World Championships The chairman of Iberdrola, Ignacio Galán, congratulated Sandra Sánchez for her recent, triumph at the Karate World Championships where she won gold in the individual kata. Galán, who met the karate champion and her coach, Jesús del Moral, at the company headquarters in Madrid this afternoon, confirmed the company’s commitment to women's sport and the comprehensive development of women. The chairman of Iberdrola also reiterated the company’s intention to continue to stand by female athletes, fostering their participation in all areas and giving them the visibility and recognition they deserve. Sandra Sánchez, crowned number one in the world in women's karate, has become a star in Spanish sport, with a collection of 41 medals, 39 of them golds. She won a 2017 National Sports Award and, according to the World Karate Federation, she is the best karate expert of all time. Iberdrola has been supporting the Royal Spanish Karate Federation for more than a year now, creating and sponsoring the Iberdrola Karate League and awarding grants that provide ten athletes with the necessary resources to attend and take part in international championships. This support is part of the company’s commitment to raise the profile of women athletes and their achievements, and to encourage the creation of new role models in society. Iberdrola’s commitment to women’s sports is part of its commitment to equal opportunities and the promotion and empowerment of women, a principle included among the Sustainable Development Goals (GDS), which the company has made part of its corporate strategy. Iberdrola is the main driving force behind women's sport in Spain, and was the first to get involved on a global basis. As things currently stand, the company supports 16 federations (gymnastics, triathlon, swimming, rugby, canoeing, badminton, football, handball, volleyball, hockey, table tennis, athletics, karate, boxing, surfing and ice sports), and provides backing to over 20,000 sportswomen. About Iberdrola Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people, mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.804 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions, and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola forms part of numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE 4Good, and is considered one of the most sustainable electricity companies in the world. READ MORE
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06/11/2018Iberdrola and IKEA sign a framework agreement to promote sustainable mobility Madrid. Iberdrola and IKEA have signed a cooperation agreement to promote sustainable mobility , under which the energy company will install over 50 e-vehicle charging stations and supply 100% renewable energy to the stores, logistics centres and corporate buildings of the decoration company in Spain in 2019. With the aim of improving the daily lives of a majority of people, IKEA will offer free electric vehicle charging to all its customers. The stores in Málaga, Badalona and Zaragoza will be the first to have this equipment. In parallel, Iberdrola will install charging stations at the IKEA main offices in San Sebastián de los Reyes and its logistics centre in Valls (Tarragona). The rollout in Spain, which will start this month, will be completed in 2019. Clean energy handled from a mobile phone The customers and users of these IKEA stations will recharge the batteries of their electric cars with 100% green energy, which comes from clean generating sources and has a certificate guaranteeing its renewable origins. Also, whether they are customers of Iberdrola or not, they will be able to manage charging on their mobile phones using the app that the company has developed as part of itsSmart Mobility plan. With the Iberdrola Public Charging App, e-vehicle drivers will be able to geo-locate and book a charging station. Iberdrola, leading the transition to sustainable mobility The agreement forms part of Iberdrola’s plans to promote and lead the transition to sustainable mobility and the electrification of transport as an effective way to fight climate change. The company has developed a Sustainable Mobility Plan that includes the installation of 25,000 charging stations in Spain in four years. The plan also includes implementing a network of fast, superfast and ultrafast charging stations that will be installed every 100 km on the major motorways and corridors of Spain between 2018 and 2019, which will make it possible to cross Spain from end to end in an electric car. At the same time, the company is working on developing specific policies and actions to ‘mobilise’ all the players involved: the administration, companies, car manufacturers, etc. Iberdrola has therefore reached agreements or pacts with the various players involved to promote sustainability, such as AVIA, BMW, Renault, Hyundai, Groupe PSA, Volkswagen, Telefónica, the Spanish Electricity Grid, Pelayo, Auchan Retail Group Spain and ZITY. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola forms part of numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE 4Good, and is considered one of the most sustainable electricity companies in the world. About IKEA 1943, Sweden. IKEA was founded 75 years ago to help you to transform your home. We landed in Spain 21 years ago. Since then, our mission has been to create a better daily life for the majority of people. We are passionate about life at home and we want to help you to make your home a better place. This is why we firmly defend “democratic design”, so that everyone can access functional, designer, sustainable and high-quality products at affordable prices. This is the “IKEA concept”: helping to enable more and more people enjoy their homes. For them to find the necessary, essential well-being in it. And to reach this goal we are guided by our values, by our great passion for what we do. Our strong points are the people who make up IKEA Spain, the team spirit and the enthusiasm. We work hard but we have fun doing it. We are an inclusive company that is committed to equality and cares for the planet. In fact, 52% of the managerial jobs at IKEA in Spain are held by women. Our goal for 2020 is to be 100% sustainable, using wood from much more sustainable forests and producing all the energy we need in our stores. Therefore, our photovoltaic facilities are already producing almost 20% of the green energy that we consume and we are the number one consumer of organic cotton. And this is just the beginning. READ MORE
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06/11/2018Iberdrola analyses the effects of involvement by shareholders in companies listed on the Madrid Stock Exchange This afternoon, at the Madrid Stock Exchange, Iberdrola celebrated its fourth Corporate Governance Day, which forms part of the company’s Shareholder Engagement Policy , the aim of which is to strengthen the role of shareholders as a central element in the company’s corporate governance. On this occasion, under the title Does engagement work? , the attendees were able to hear at first hand practical examples of direct contact between investors and proxy agencies with listed companies. By analysing various real-life experiences, it was shown how these contacts with shareholders have specific effects on the corporate governance of companies. For example, they influence the composition of its Board of Directors, its compensation policies and the way corporate operations are implemented. This fourth Iberdrola Corporate Governance Day was attended by important firms including Blackrock, the world’s largest asset manager, the German company Allianz, the fund manager Hermes and ISS, the world’s biggest proxy agency and one of the major opinion leaders in the area of corporate governance. The speakers included Blackrock's vice president of stewardship for the EMEA region, Manuel Isaza; the director and head of environmental social and corporate governance (ESG) research at Allianz Global Investors, Eugenia Unanyants-Jackson; the managing partner of engagement for Hermes Investment Management; and the director of special situations research at ISS, Nelson Seraci. Iberdrola, at the forefront of corporate governance Iberdrola is a benchmark in the implementation of best corporate governance practices and has been singled out as the Spanish company with the best corporate governance practices by ‘World Finance’. On the subject of best practices, in February 2015, the company’s Board of Directors adopted its Shareholder Engagement Policy, with which it became the first Spanish company and a worldwide pioneer in implementing an initiative of this kind. This Policy forms one of the essential pillars in the Iberdrola Group’s corporate governance strategy. With it, the company establishes the principles that must govern two-way interactions with shareholders in order to encourage their engagement in company life and hold a constructive, ongoing and effective dialogue with them that contributes to aligning their interests with the company’s. This initiative helps the Iberdrola Board of Directors understand investors' opinions and concerns and take them into consideration in the areas of corporate governance and social responsibility. About Iberdrola Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. READ MORE
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05/11/2018“We are ready to invest 500 million in Italy, but for that we need a stable and predictable regulatory framework” Ignacio Galán has granted an interview to the Italian newspaper Corriere della Sera in which he highlighted the Iberdrola group's strong commitment to Italy. This commitment is fundamentally based on three main goals: one million customers in three years, an investment of 500 million euros, and a market share of 4-5%. The interview focused on the company's firm commitment to renewable energy and, in particular, to wind power. "Since 2001 we have invested more than 1 billion euros in renewable energy, smart grids and efficient storage", explains Galán on the occasion of the inauguration of Wikinger , the largest offshore wind farm in the Baltic and Iberdrola's first in Germany. Since 2001 we have invested more than 1 billion euros in renewable energy, smart grids and efficient storage In his 17 years as Chairman and CEO of Iberdrola, Ignacio Galán has led a profound transformation in the company, making it one of the five most important energy companies in the world and the third biggest Spanish company by capitalisation. For the Iberdrola chairman it is undeniable that "the world has consistently underestimated the potential of renewable energy. The costs of the various technologies have fallen far beyond expectations in the last five years alone: by more than 80% for photovoltaic power, almost 60% for onshore wind power, and 40% for offshore wind energy". Lastly, Galán contends that "the energy transition is an excellent opportunity for Europe to re-industrialise on a level playing field. European industry must take a proactive role to capitalise on these opportunities. If we do not do it, others will, and this is why it is important to remain united”. The key is "more Europe", closer integration so that all the EU countries move in the same direction and commit themselves to implementing the Clean Energy Package. READ MORE
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01/11/2018The European Round Table (ERT) urges the British Prime Minister to reach an amicable agreement on Brexit The British Prime Minister, Theresa May, and the British Minister for Brexit, and Dominic Raab, received today in London several members of the European Round Table of Industrialists (ERT) forum that brings together 55 CEOs and presidents from the largest European multinationals. Among those attending the meeting were Spaniards Ignacio Galán, chairman of Iberdrola and member of the ERT executive, and his counterparts at Telefónica and Ferrovial, José María Álvarez-Pallete and Rafael del Pino, respectively. Senior executives from large companies such as Rolls-Royce, AzkoNobel, E.On, Vodafone, Saint-Gobain and Centrica, among others, also attended. During the meeting, held at 10 Downing Street, the ERT delegation was able to share with Theresa May the views of large companies on the main issues affecting the European economy and, in particular, on the future of Brexit. Theresa May and Dominic Raab informed ERT representatives of the progress in negotiations with the European Union (EU). For their part, they urged the prime minister to reach an amicable agreement as soon as possible, given that time is running out and the shortage of time could seriously damage the future growth of both the EU and the UK. The ERT, which considers that future relationship between the EU and the UK should be based on the free exchange of goods and a stable and fair regulatory framework is, proposing an extension to the transition period to avoid a traumatic breakdown. READ MORE
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30/10/2018Iberdrola awarded €9 billion procurement contracts in 2018, providing jobs for 400,000 people Today Iberdrola handed over its 2018 Global Supplier of the Year Awards, whose purpose is to incentivize, promote and acknowledge the work of its suppliers, key to achieving the companies' strategic objectives. Specifically, Iberdrola has rewarded the commitment of its suppliers in the fields of excellence, sustainable development, quality, internationalisation, innovation, corporate social responsibility, job creation and occupational risk prevention. The event took place at the auditorium of Iberdrola's Campus in San Agustín del Guadalix (Madrid), was attended by some 340 guests, including representatives of 167 global suppliers of the group across different countries and industries. Also in attendance were the Group’s Chairman, Ignacio Galán, the Business CEO, Francisco Martínez Corcoles, the group’s CFO José Sainz Armada, the global Director of the Liberalised Business, Aitor Moso, and Renovables, Xabier Viteri and the Director of Procurement and Insurance, Asís Canales. Galán highlighted in his speech that “together with our suppliers we are addressing the important challenges posed by the UN Sustainable Development Goals. Companies – large and small – are making a key contribution to the realisation of the new agenda.” He also underlined that “Iberdrola will continue to be an engine of industrial growth in the countries where it operates, exerting a significant pull effect on thousands of suppliers around the world”. Key element to deliver the investment plan Iberdrola's chairman stated that “only competitive, innovative, efficient and responsible professionals can help us meet our future plans. A future that we see as being green and digital”. Iberdrola, which provides jobs for 400,000 people through its global procurement, expects to award contracts worth €9 billion by the year’s end, 5% more than the previous year, to thousands of suppliers around the world. Most of the contracts have benefitted suppliers from the company's core countries – the United States, Brazil, the United Kingdom Mexico and Spain –, as well as companies from countries where the Group is developing major initiatives, such as Portugal and France. Some of the most relevant contracts are related to projects currently being built, like the East Anglia One offshore wind farm in the United Kingdom, the Támega hydroelectric complex in Portugal, the solar photovoltaic plant of Nuñez de Balboa in Spain, the electricity transmission projects in Brazil and the Coyote, Otter Creek, Karankawa and Montague offshore wind farms in the United States. The award-winning companies hail from eight countries The 2018 Global Supplier of the Year Awards are divided into 12 categories: Supplier of the Year; Equipment; Service Quality and Response; Energy Services; Non-energy Services; Environment; CSR; Competitiveness and Innovation; Diversity and Equality; Occupational Health and Safety; Construction Services and Internationalisation. The Supplier of the Year award went to Brazilian manufacturer WEG, which has become the Group's main supplier of transformers and has production centres in three countries that are especially important for Iberdrola, Brazil, Mexico and the United States, in which it contributes to generating local employment - more than 29,000 workers-. In the Equipment section the winner was the company Schneider Electric (France), a historic Iberdrola supplier who has always stood out for its service quality and response and who has been rewarded for its support in the deployment of smart grids in Spain. In the Service Quality and Response category, the winner was the US company Northline Utilities, for its quick, flexible and efficient response in resolving incidents caused by storms. The Spanish company Integral Management Future, with headquarters in Galicia, won the award in the Energy Services category for the highly efficient operating and maintenance work it provides Iberdrola's renewable energies business in Europe. The Non-energy Services went to the Dutch company SHL, which did some impeccable work during the transport and assembly phases of the East Anglia One marine wind farm's offshore substation, a project of unprecedented scale in the renewables sector worldwide. The prize in the Environment category was won by Aecom (United Kingdom) for its impact assessment concerning the electricity grid activities, carried out along with ScottishPower and Scottish Wildlife Trust. The Mexican company Fonabec A.C., which collaborates in the Iberdrola Involve corporate volunteering project, received the award in the CSR section for its support, since the year 2000, to more than 13,000 underprivileged young people in Mexico to ensure they can continue with their secondary and higher education. The award winner in the Competitiveness and Innovation category was Innova-TSN (Spain), in acknowledgement of its commitment to technological development as one of its main development areas, embodied in the innovative development of the Customer Intelligence Platform tool. The Diversity and Equality award acknowledged the work of the Brazilian company ITB Equipamentos Eletricos, which, apart from obtaining a high score in the CSR Scoring in Brazil, has been demonstrating its firm commitment to equality, diversity and women's rights, also carrying out actions with university students and groups at risk of exclusion. Brown & Mason (United Kingdom) won the award in the Occupational Health and Safety category for its excellent occupational safety record during the Longannet demolition works, the thermal powerstation at which it spent over 200,000 hours carrying out waste removal. The closure of this coal-fired plant, which used to be the biggest in Europe, came in the context of Iberdrola's firm commitment to decarbonising the economy. The Construction Services award went to thePortuguese company Socorpena, for its promotion of local employment in the works carried out at the Támega river hydroelectric complex, and, finally, the award forInternationalisation was collected by the Guipuzcoa company Ibermática, for its long career supporting Iberdrola in information technology and corporate system deployment projects and works internationally. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of over €31.263 billion and a net profit of €2.8 billion in 2017. Iberdrola leads the energy transition towards a sustainable model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola forms part of numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE 4Good, and is considered one of the most sustainable electricity companies in the world. READ MORE
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29/10/2018Iberdrola inaugurates Wikinger offshore wind farm, consolidating Germany as its strategic market Sassnitz, (Germany). Today, Iberdrola has officially cut the ribbon on Wikinger offshore wind farm, one of the company’s most iconic power plants in the world, having invested over €1.4 billion. At the helm of the event were also the company 50 Hertz and authorities from the state of Mecklenburg-Vorpommern. Wikinger is fully operational and its 350-Mw are connected to the German grid, supplying efficient renewable energy to 350,000 homes (representing some 20% of the energy demand of the state of Mecklenburg-Vorpommern). This flow of clean energy will have a positive environmental impact since it displaces the emission of nearly 600,000 tons of CO2 per year. The Chairman of Iberdrola, Ignacio Galán, celebrated the commissioning of this iconic facility for the company: “Wikinger represents a new step in our commitment to supplying clean, efficient and reliable electricity. We will continue to champion offshore wind technology since it enables us to drive the energy transition to a sustainable, low carbon economy.” Galán added that “this wind farm is a clear example of cutting-edge technology and it showcases the enormous potential of Europe’s energy industry to lead the Continent’s reindustrialization through innovation.” The Wikinger project marks Iberdrola's entry into the German electricity market, where it has just been awarded the construction of two other offshore wind farms: Baltic Eagle (476 MW) and Wikinger Süd (10 MW). Together with Wikinger, these three wind farms, located off the island of Rügen, will give rise to the largest offshore wind complex in the Baltic Sea, with a total installed capacity of 836 MW and a combined investment of €2.5 billion. Thus, Germany becomes a key area for Iberdrola group over the coming years, alongside its core markets: United States, United Kingdom, Mexico, Brazil and Spain. Wikinger is the first offshore wind farm to be designed and operated one hundred per cent by a Spanish company. It has consolidated Iberdrola as Europe’s leading company in renewable energy, capable of developing projects in markets as competitive as Germany and meeting the demanding planning conditions set by German authorities. In addition, it has served to boost the entire supply chain, benefiting companies across Europe, including Navantia and Windar. This project has come to fruition thanks to the multidisciplinary and multinational composition of the team set up by Iberdrola and its network of first-rate international suppliers and contractors. Over 2,000 employees from 20 different countries participated in this milestone project. Iberdrola has had to overcome the technological challenges inherent to this type of work and the difficulties arising from the extreme weather conditions in the Baltic Sea. The event, which took place at the port of Sassnitz-Mukran, was attended by Iberdrola’s Business CEO, Francisco Martínez Córcoles, the Minister of Energy, Infrastructure and Digitisation of the state of Mecklenburg-Vorpommern, Christian Pegel, and the CEO of 50 Hertz, Boris Schucht. Wikinger, a mark for Iberdrola Located off the north-east coast of the German island of Rügen, Wikinger brings together the main themes of Iberdrola's strategy: strong investment in the development of renewable energies, commitment to reducing emissions, technological innovation, international growth, opening of new markets and business lines to its suppliers, and an important boost for the European naval industry. To build the project, 280 piles were installed. Measuring 40 metres in length by 2.5 metres in diameter, and a unit weight of 150 tonnes, they were all built by Spanish company Windar. A total of 70 foundations were laid on them, each weighing 620 tonnes, manufactured by Bladt Industries in Lindo (Denmark) and Navantia, at its shipyard in Fene (Spain). The 5-MW Siemens Gamesa AD 5-135 turbines were manufactured in the company’s plants in Bremerhaven and Stade (Germany). These are the wind turbines with the highest power rating and largest dimensions that Iberdrola has installed thus far. With a total height of 165 metres, they are made up of a 75-metre high tower, a 222-tonne nacelle and a 135-metre diameter rotor, with each blade measuring 67 metres long. Finally, one of Wikinger's key pieces of infrastructure is the Andalucía offshore substation, which will be used jointly by Iberdrola and 50Hertz, an electricity system operator in Germany. Weighing around 8,500 tonnes, the energy heart of the wind farm was also built by Navantia in Puerto Real in southern Spain. Commitment to offshore wind power Offshore wind energy is one of the keys to Iberdrola's growth and the company has undertaken notable projects in this sector in the United Kingdom, Germany and France. These large investments will help advance the transition to a decarbonised energy model and combat climate change. These are the main projects underway: * West of Duddon Sands (WoDS): Located in the Irish Sea, WoDS was the first offshore wind farm the Iberdrola Group was involved in. It was developed by the company in consortium with Orsted and came into operation in 2014. It has 389 MW capacity and the investment was over £1.6 billion. * East Anglia One (EAO): Mega-project currently under construction in British waters in the North Sea, it will become one of the world’s largest offshore wind farms when it starts operating in 2020. It will involve an estimated investment of £2.5 billion and have a capacity of 714 MW. * Saint-Brieuc: This 496-MW facility will be located 20 kilometres off the coast of Brittany in northern France, about 100 kilometres from the city of Rennes. It will have 62 Siemens-Gamesa turbines, with 8 MW unit capacity. * Vineyard Wind: Iberdrola, through Vineyard Wind, recently received authorisation from the Massachusetts Electric Distribution Companies (EDC) to construct a wind farm off the north-east coast of the United States. The project, which represents the company’s first large-scale offshore wind farm venture in that country will have 800 MW capacity. About Iberdrola Iberdrola is a global energy leader, the biggest producer of wind power and one of the five top power companies in the world in terms of stock market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €110 billion, it posted revenues of €31.26 billion and a net profit of €2.8 billion in 2017. Iberdrola is leading the transition towards a sustainable energy model through its investments in energy from renewable sources, smart grids, large-scale energy storage and digital transformation in order to offer its customers the most advanced products and services. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for the sustainability of the planet. Iberdrola is listed on numerous international sustainability indices, among them the Dow Jones Sustainability Index and FTSE4Good, and is considered one of the most sustainable electricity utilities in the world. READ MORE
