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24/10/2019Ignacio Galán, among the top 5 CEO in the world according to the ‘Harvard Business Review’ annual ranking 2019 The Chairman and Chief Executive of Iberdrola group , Ignacio Galán, has been placed in the top 5 best CEOs in the world according to the 2019 annual ranking produced by the prestigious business publication Harvard Business Review, announced last night in the United States. The publication´s CEO 100 list also reflects that, coming in 5th place — contrasting with the 36th place he occupied in 2018 — makes Ignacio Galán the best CEO of all the world's energy companies, as well as the top executive of the Spanish companies existing today. This world ranking takes into account not only positive economic/financial company results but also, with an ever-increasing weighting — 30% in this edition — their commitment to environmental and social issues, and matters of corporate governance. Only three other Spanish CEOs appear in the 2019 list produced by the Harvard Business Review: Luis Maroto, of Amadeus IT (44th); Íñigo Meirás, of Ferrovial (46th); and Florentino Pérez, of ACS (66th). As regards energy companies, there are also only three other executives in this year's ranking: Alfred Chan, of Hong Kong and China Gas (28th); Paolo Roca, of Tenaris (65th), and James Robo, of NextEra Energy (82nd). The current Chairman and CEO of Iberdrola joined Iberdrola in 2001 and, since his arrival, the company has become a global energy leader, the top producer of wind energy and one of the biggest electricity companies in terms of market capitalisation in the world. The group supplies energy to almost 100 million people in dozens of countries including Spain, the United Kingdom (ScottishPower), the United States (Avangrid*), Brazil (Neoenergia**), Mexico, Germany, Portugal, Italy and France. With a workforce of around 34,000 and assets in excess of €113 billions, it achieved a turnover of €35 billions and a net profit of €3 billions in 2018. Under Galan's leadership, Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, 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 to sustainability. Specifically, Ignacio Galán was last September one of the few businesspeople actively present at the UN Climate Action Summit 2019 held in New York, where he again urged all world governments that it is time to turn words into actions on the subject of emissions reductions. * Avangrid, Inc. is 81,50% owned by Iberdrola, S.A. ** Neoenergia, S. A. is 50% + 1 share indirectly owned by Iberdrola, S. A. READ MORE
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24/10/2019Iberdrola hopes to reach one million customers in France by 2023 with 100% renewable energy Iberdrola , a world leader in the energy sector and a pioneer in the field of renewable energy, announces its target of supplying one million private customers in France by 2023. The company also wishes to become the leader in the power purchase agreement (PPA) market to help companies with the decarbonisation process. Iberdrola has been marketing green electricity products to the public and businesses since October 2018. Offering the French an ecologically responsible and competitive choice Iberdrola, the pioneer in renewable energy in Spain, has arrived on the French market with an electricity offer up to 10% cheaper than the regulated tariff (excluding taxes), with the aim of offering customers a competitive green option. The energy utility, which already has 100,000 customers, intends to gain 10% of the domestic market. Reginald Thiebaut, general manager of Iberdrola in France, says: "We are convinced that today our customers are not only looking for a competitive green alternative, they are also looking for the security of choosing a company that is truly committed to energy transition." Iberdrola benefits from having a genuinely green DNA thanks to its significant investments in renewable energy over the last 20 years. In addition, the company is investing over €200m a year in innovation so as to offer French customers services that are already in place in other countries, such as the Smart Solar option. For just a few dozen euros a month, this package includes the installation and maintenance of solar panels, so that everyone can produce their own electricity at home. Another emblematic service is Smart Mobility, which includes the installation in the home of charging points for electric vehicles. Supporting businesses in their energy transition with power purchase agreements Iberdrola is offering businesses its experience and a tailor-made proposal to help them in their energy transition. The Group is taking advantage of long-term PPAs that allow businesses to rely on a 100% renewable energy supply. Over the last few years, Iberdrola has signed PPAs with a number of multinationals in the US, Mexico, Spain and the UK. The power supplied under these energy contracts comes from the Group's wind and photovoltaic facilities. "Due to falling costs and pressing decarbonisation targets, it is to be hoped that in the coming years there will be an acceleration of growth in renewable energy in Europe. We are convinced that the emergence of PPAs, already well established in the USA, will bring about a change in Europe's structural model. Thanks to our experience in this field, we already have all the necessary means to deal with this challenge," said Reginald Thiebaut. An energy company committed to the energy transition since 2001 Iberdrola has been aware since 2001 of the challenge posed by climate change and the fact that the strong growth in world energy demand cannot be met without a sustainable energy model, free of fossil fuels. Since its launch on the French market, Iberdrola has been contributing actively towards France's ambitious decarbonisation targets, which involve a 40% reduction in its consumption of fossil fuels by 2030. Under the Paris Agreement, Iberdrola has committed to becoming a carbon neutral company by 2050. Since then, Iberdrola has invested all its technological potential in energy transition: as of today, over a third of its installed capacity emits no CO2 and its emissions are 32% lower than the European average. While Iberdrola supports all forms of renewable energy, its production model focuses specifically on hydroelectric power, onshore and offshore wind farms, and photovoltaic power. Another of the Group's priorities is large-scale energy storage, with the aim of tackling the problem of the intermittent nature of renewable energy. As part of its investment plan for 2018-2022, Iberdrola will be investing €34bn, of which €13.3bn will go towards renewable energy. 70% of this amount has been invested in projects that are under construction or have been completed. In France, through the Ailes Marines consortium (70% Iberdrola, 30% Avel Vor), Iberdrola is rolling out the Saint Brieuc project, scheduled for commissioning in 2023. This is the first large-scale offshore wind power project in Brittany, involving an investment of €2.2bn. With an installed capacity of 496 MW, once up and running, this facility is expected to cover the energy needs of 835,000 people, thereby increasing the penetration of renewable energy in the French energy mix. Major ongoing projects: * Offshore wind: o East Anglia One (UK), commissioned in 2020, with an installed capacity of 714 MW. o Wikinger South and Baltic Eagle (Germany), construction start in 2022; commissioning in 2024 and a joint installed capacity of 486 MW. o Vineyard Wind (USA), 800 MW; commissioning in 2022. * Onshore wind: commissioning of 1 GW new wind power capacity by the end of 2019 in the US, Brazil, Mexico and Spain. * Hydroelectric: construction of the Tâmega complex (Portugal), with 1158 MW of power. * Photovoltaic: o 2000 MW under construction in Spain which will come into operation in 2021. Key figures: * 50,143 MW of installed capacity of which 31,006 MW correspond to renewable energy (17,339 MW wind; 13,048 MW hydroelectric; 619 MW photovoltaic) * 112,112 GWh of generation (January - September 2019) * 173,975 GWh of electricity distributed (January-September 2019) READ MORE
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23/10/2019Iberdrola is progressing its renewable strategy with the purchase of 118 MW of wind power capacity from Siemens Gamesa in Spain Iberdrola is progressing its plan to relaunch clean energies following its agreement with Siemens Gamesa for the acquisition of three wind farm developments in Spain, with total installed capacity of 117.8 megawatts (MW): the BaCa (Ballestas and Casetona) wind farm and the Puylobo project. Located in the municipalities of Castrojeriz and Vallejera in Burgos, the Ballestas and Casetona wind power facility has installed capacity of 69.3 MW and comprises twenty 3.4 MW SG 3.4-132 wind turbines. These facilities have just come on stream and their output will provide clean energy to the equivalent of 25,200 homes per year, preventing the emission of 40,000 tonnes of CO2 a year. Work on the Puylobo wind farm, with installed capacity of 48.5 MW, will start in the coming weeks; this work will include installation of fourteen SG 3.4-132 wind turbines. Located in the municipalities of Borja and Mallén in Zaragoza, its output will provide clean energy to the equivalent of 20,000 homes per year, preventing the emission of 32,000 tonnes of CO2 a year. There is a large local component in the construction of both projects, with practically all of the civil engineering work and the components of the wind turbines -towers, blades, nacelles, hubs, generators, gearboxes and transformers - being manufactured in Spain, at facilities in Asturias, Cantabria, Soria and Burgos. Iberdrola’s plan to relaunch clean energy in Spain This agreement forms part of Iberdrola’s investment plan for renewable energy in Spain, where it plans to have installed 3,000 MW of capacity by 2022. Iberdrola currently has over 2,200 MW of wind and solar facilities under construction -a total of 700 MW (Núñez de Balboa solar plant and the Cavar and El Pradillo wind farms)- or at an advanced stage of planning, representing 75% of its planned installed capacity for 2022. The company plans to have installed 10,000 MW of new capacity in Spain by 2030. This plan will create jobs for 20,000 people. Iberdrola is committed to leading the transition toward a completely carbon-free economy by promoting renewable energies and accelerating investment in Spain, where it intends to invest €8bn between 2018 and 2022. Top wind energy producer in Spain Iberdrola is the most prolific producer of wind energy in Spain, with installed capacity of 5,793 MW and total installed renewable capacity of 16,027 MW. These new investments also reinforce the company’s presence in two regions: Iberdrola has 5,087 MW of renewable capacity in Castilla y León, the Autonomous Community where it has the largest volume of installed “green” megawatts; this capacity is mostly hydroelectric. In Aragon, Iberdrola operates more than 344 MW of wind and hydroelectric facilities, and will bring the El Pradillo (23 MW) wind farm on stream before the end of the year. Globally, Iberdrola's installed renewable capacity is over 31,000 MW, which makes its generation fleet one of the cleanest in the energy sector. READ MORE
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18/10/2019Iberdrola se suma a la lucha contra el Cáncer de Mama Con motivo del Día Mundial Contra el Cáncer de Mama, que se celebra mañana, 19 de octubre, Iberdrola ha reunido a más de 100 empleados en un acto de concienciación y sensibilización; una actividad alineada con su compromiso de lucha contra esta enfermedad, que se verá acompañada también de la iluminación ‘en rosa’ de la Torre Iberdrola, en Bilbao. Iberdrola colabora con la AECC desde 2015 y ambas organizaciones trabajan de forma conjunta con el objetivo de incrementar la ayuda necesaria para continuar con la investigación oncológica. Desde entonces, realizan asimismo campañas de concienciación y sensibilización sobre la enfermedad. Entre las acciones más destacadas, se encuentra el patrocinio de las principales carreras En Marcha Contra el Cáncer, que organiza la AECC en ciudades como Madrid, Valladolid, Murcia y Zaragoza. Además, participa en campañas conjuntas con motivo del Día Mundial Contra el Cáncer o el Día de la Investigación en Cáncer. Entre sus empleados, la compañía con la ayuda de la AECC lleva a cabo campañas informativas sobre la enfermedad, la prevención y el fomento de hábitos de vida saludables. En el marco de esta alianza, Iberdrola ha lanzado Juntos contra el cáncer, con la que ofrece a sus clientes la posibilidad de colaborar mensualmente con la AECC a través de su factura de la luz o del gas. Además, la compañía se compromete a aportar la misma cantidad que elija el cliente, que puede ser de 0,25, 0,5 o 1 euro al mes. El dinero recaudado se destina íntegramente a la investigación en cáncer. Iberdrola reafirma con este proyecto su compromiso social, que se materializa en numerosas iniciativas que mejoran la calidad de vida de las personas. READ MORE
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16/10/2019Iberdrola will support 33 social projects with more than 85,000 beneficiaries in its 2020 Social Programme Iberdrola, through its Foundation in Spain , has finalised its 2020 Social Programme, with which it annually supports social projects that promote the integral development of the most vulnerable groups, in the territories where it operates, with special attention to children, young people and women, as well as groups of people with disabilities and patients with serious illnesses. In 2020, the company will allocate 1.5 million euros to projects that it will carry out in collaboration with 47 social entities and that will directly benefit more than 85,000 people. Most of the resources, 80%, are allocated to finalist projects selected in the call, while the remaining 20% are for partnerships with entities. The 33 social projects, some of national scope and others regional, are located in 12 autonomous communities (Andalusia, Asturias, Castilla-La Mancha, Castilla y León, Community of Madrid, Community of Valencia, Basque Country, Extremadura, Galicia, La Rioja, Navarra and the Region of Murcia), and have obtained financing of up to a maximum of 40,000 euros, without exceeding 50% of the total project budget. The promotion of these social initiatives also entails the creation of direct jobs, as well as encouraging the participation of volunteers. It is estimated that the 2020 Social Programme will create around 280 new jobs and 700 volunteers. Of all the projects selected, 42% are aimed at avoiding situations of poverty and exclusion, prioritising the fight against child poverty; 33% address improving the quality of life of those with serious illnesses, while the remaining 24% address the inclusive education of people with disabilities. Some of the non-for-profit entities chosen in this edition are the Spanish Association Against Cancer (AECC), Menudos Corazones Foundation, Proyecto Hombre, Down Syndrome Foundation, Tomillo Foundation, Ciudad Joven Association or Ayuda en Acción, among others. During the project selection process, all of these entities have demonstrated experience in social projects, have audited accounts and have their articles of association and documentation published on their websites. The Iberdrola Social Programme contributes to the achievement of the United Nations Sustainable Development Goals by 2030, to which the company is committed, especially the achievement of goals 1 (no poverty), 3 (good health and well-being), 4 (quality education), 5 (gender equality), 10 (reduced inequalities) and 17 (partnerships). More than 350 social initiatives with 335,000 beneficiaries Iberdrola, through its Social Programme, has already allocated over 9 million euros to social initiatives in Spain, benefiting a total of 335,000 people. Since this programme was launched in 2010, the company has fostered over 350 projects that have contributed to the social inclusion of children, young people and women in vulnerable situations. These actions have also led to the creation of 1,000 jobs and involved 2,250 volunteers. The Iberdrola Foundation also focuses its activities on training and research in the field of energy, through scholarship programmes; in biodiversity, with projects protecting the environment and in cultural development, by preserving and maintaining the country’s cultural and artistic treasures. READ MORE
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10/10/2019Iberdrola launches a new investigation to clarify its links with CENYT In light of news stories published in the media this week regarding the relationship between Iberdrola and Centro Exclusivo de Negocios y Transacciones (CENYT), a company linked to former police commissioner José Manuel Villarejo, the company has decided to launch a further, in-depth internal investigation. A thorough analysis of the new information revealed, which was previously unknown to Iberdrola, will establish the credibility of the information and whether the company’s Code of Ethics has been breached. If the investigation reveals that Iberdrola's control procedures have been infringed, the company will take the necessary measures in accordance with the established procedures. It should be remembered that since the initial publication of information linking Iberdrola and CENYT, the company has conducted two internal investigations, one in November 2018 and the other in July 2019. Both established that a total of 17 regular services were engaged by the Corporate Security Division between the 2004 and 2017 financial years; and that Iberdrola had correctly purchased and paid for the services, having applied all internal checks and procedures. READ MORE
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10/10/2019Iberdrola acknowledges its suppliers in Spain, from whom it purchases more than 1.5 billion euros worth of products and services per year Iberdrola today presented its 2019 Spanish Supplier of the Year Awards. This year these awards are recognising 11 of the companies who are partnered with us in our strategy to take us towards a carbon-free economy based on major investments in renewable energies and increasingly smart distribution grids, large-scale storage projects, and a commitment to providing innovative solutions to our customers. With the presentation of these awards, Iberdrola is acknowledging the key role being played by the value chain in successfully implementing the Group's strategic projects. It also underlines the relevance of creating an ecosystem of suppliers who are all working towards the same goals and reiterates our commitment to incentivising corporate management with regard to areas such as sustainable development, safety and quality, innovation, internationalisation and job creation. In 2018, Iberdrola purchased equipment, materials, work and services worth more than 1.5 billion euros from over 5,000 Spanish suppliers. In Spain, 85% of these purchases were made from local suppliers, a percentage that is in line with the Group's average worldwide. The award ceremony, which was held this evening at the Iberdrola Tower in Bilbao, was presided over by Ángeles Santamaría, Managing Director of Iberdrola España, accompanied by Iberdrola's Director of Purchasing and Insurance, Asís Canales, with the event being attended by over 250 guests, among whom were a large number of representatives of the supplier companies with which Iberdrola collaborates in Spain. In her speech, Ángeles Santamaría highlighted that “our partner companies play a fundamental role in the achievement of our objectives. Without you and without our employees -she pointed out- it would not have been possible to get where we are today: after almost 20 years of moving forward in our commitment to the energy of the future, Iberdrola is currently one of the world's leading companies with respect to renewables, and we remain firmly committed to being the standard bearer of an energy transition that is building an energy model in which personal welfare and the preservation of our planet take priority”. “Together we are succeeding in going further, taking on more ambitious projects, overcoming barriers, and opening up new markets and building a more sustainable and competitive future by being the driving force behind renewable energies, rolling out a greater number of smarter grids and offering products and services adapted to the needs of our customers and of society”, Santamaría went on to say. Furthermore, she underlined that “Iberdrola is committed to continuing to be the driving force behind industrial growth in those countries in which it operates by creating a significant pull effect within a growing number of companies that are accompanying us in our quest to be the leading light of the energy transition in Spain”. Iberdrola's renewables strategy in Spain foresees the installation of 3,000 new renewable MW by 2022 and up to 10,000 MW by 2030, as well as investments in the digitalisation of its distribution network, large-scale storage, and the creation of new products and services. In addition to helping fight climate change, this plan will create industrial opportunities within Spain's corporate fabric, and enable the creation of up to 20,000 jobs in our country. Recognised for their excellence, job creation and internationalisation The 2019 Spanish Supplier of the Year Awards are divided into 10 categories that recognise companies for their innovative approach and competitiveness, their diversity and gender equality, their health and safety record and quality, their sustainability, their job creation, and their culture of internationalisation. In addition, this year special emphasis has been placed on the emergency response during the torrential rain storms known locally as Gota Fría. The Special Best Supplier of the Year Award went to Eiffage Energía, one of Iberdrola’s oldest suppliers. They collaborate with our company not only in the field of renewables, but also in distribution grids. This contractor, which is involved in projects as relevant as Núñez de Balboa (500 MW) -the largest photovoltaic plant under construction in Europe- and the Chimiche Wind Farm, Iberdrola’s first such project in the Canary Islands, was recognised for their responsibility, quality and safety, and their contribution to our business through the application of their superb technological capabilities. The Job Creation award went to Asturian-based firm Windar Renovables. This company is one of Iberdrola’s main suppliers for the manufacture of transition parts for our offshore wind farms in the Baltic Sea and United Kingdom, and an example of how to make the most of the industrial transformation opportunities made possible by investments in renewable energies. The Internationalisation award went to Basque company Ingeteam, a supplier that is accompanying Iberdrola in our expansion into new markets -not only in the design and implementation of photovoltaic projects in Spain and Mexico, but also in the deployment of distribution grids here in our country, as well as in Brazil and the UK- and providing the skill and leadership in the worldwide wind power market that one would expect from a global operations and maintenance services provider present in over 20 countries. Rewarded for their innovation, response capacity, flexibility and diversity In the Innovation and Competitiveness section, the award went to Wallbox, the European leader in electrical vehicle charging solutions, for their commitment to innovative solutions that will enable the sustainability of the energy model to be further improved. In the Diversity and Equality category, the company Multiservicios Mapfre Multimap was recognised for their commitment to implementing measures that both promote and encourage diversity and equal opportunities. The Occupational Health and Safety award went to the Salamanca-based company AOC Proyectos, while the Sustainability prize was won by the Valencian outfit Siel-Obremo, a company that is very active in the field of implemented sustainable development mechanisms and stakeholder relations. The prizewinning company in Non-energy Services was Cyrasa Seguridad, a company from the Spanish region of Castilla-La Mancha, which was acknowledged for their rapid response capacity, their technology, and the degree of commitment shown by their highly qualified workforce. In the field of Energy Services, the award went to Galician company Técnica 4, which specialises in the manufacture and supply of electrical switchboards and control and automation cabinets, and which was recognised for their flexibility and for maintaining their high quality standards on projects such as the Alto Támega Hydroelectric Power Plant in Portugal. The prize for the Best Equipment Supplier was awarded to Longi Solar Technology, the photovoltaic solar panel supplier, in recognition of their strong commitment to the creation of value in the product, coupled with their efficiency. This supplier is participating in the construction of the Núñez de Balboa Power Plant. This year Iberdrola decided to present a Special Emergency Response Award to FCC Industrial for their contribution to the work carried out by i-DE, Iberdrola’s distributor, with respect to managing our company’s distribution network both efficiently and with the utmost safety under extreme conditions such as those suffered by the eastern Spanish regions of Valencia and Murcia during the recent seasonal torrential rain storms. READ MORE
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10/10/2019Galán a Bolsonaro: invertiremos 6.600 millones de euros en Brasil hasta 2022 El presidente de Iberdrola, Ignacio Galán, que ha participado en el Brasil Investment Forum 2019 (Sao Paulo), ha tenido la oportunidad de exponer al presidente brasileño, Jair Bolsonaro, el firme compromiso de la compañía con el país . En el transcurso de un encuentro mantenido entre ambos, Galán ha asegurado que —a través de su filial brasileña, Neoenergia— Iberdrola destinará otros 6.600 millones de euros a Brasil hasta 2022 para seguir creciendo en las áreas de producción, transporte y distribución de energía eléctrica. El presidente del grupo ha explicado a Bolsonaro que, gracias a unas inversiones de 14.500 millones de euros a lo largo de los últimos 20 años, Neoenergia se ha consolidado como uno de los principales operadores eléctricos del país, con 700.000 kilómetros de líneas que atienden las necesidades de suministro de 34 millones de personas y una capacidad de generación —operativa o en construcción— de 5.000 MW. READ MORE
