News
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11/07/2025 - 17:49 UTC +02:00Iberdrola breaks its distributed energy record with more than 124,000 GWh The electricity distributed by Iberdrola exceeded 124,201 GWh in the first half of 2025, representing an increase of 4.8% compared to the same period of the previous year, as reported to the Spanish National Securities Market Commission (CNMV). The growth has been particularly notable in the United Kingdom, where distributed energy has increased by more than 30%, exceeding 20,000 GWh, thanks to the integration of the British distributor ENW. In Spain, distributed electricity increased by 2.5% to 44,871 GWh in the first half of the year. More local generation to provide security of supply and energy autonomy Likewise, Iberdrola's own generation has reached 66,300 GWh during the first six months of the year, 2.3% more than in the same period of the previous year. By country, the production increases at Iberdrola Energía Internacional (+15.7%) stand out, thanks to the 68% growth in offshore wind farms in France and Germany; in Brazil (+11.7%), driven by higher hydroelectric production; and in Spain (+6.4%), with growth in both renewable technologies (especially solar) and nuclear and combined cycles. By technology, the improvement in offshore wind production in the second quarter (+42%) and the good performance of solar wind power stand out, which increased by 57.4% in the last three months. This growth in generation has been possible thanks to investments in new capacity, which reaches 57,273 MW after having commissioned 1,800 MW. In particular, the Group's renewable capacity has exceeded 45,000 MW worldwide for the first time – specifically it has closed at 45,082 MW – with a growth of around 4%, and now accounts for 79% of the Group's total capacity. In this way, Iberdrola continues to promote energy self-sufficiency and security in all the countries where it operates, generating 91% of its production in Spain without emissions and 100% in countries such as the United Kingdom, the United States, Australia, Brazil, France, Italy, Germany, Poland, Portugal and Greece. Commitment to the transformation of the sector These data confirm Iberdrola's growth path in both electricity networks and renewable generation thanks to the investments made, which reach 175 billion euros in the last twenty-five years. With this, Iberdrola promotes a safer, more efficient, cleaner and more competitive energy system in all the countries in which it operates. READ MORE
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11/07/2025 - 14:05 UTC +02:00Iberdrola signs green financing for its East Anglia Three offshore wind farm for €4.1 billion with 24 banks Iberdrola has signed green financing for the East Anglia Three offshore wind farm for approximately £3.6 billion (around €4.1 billion). Iberdrola has signed this financing with 23 banks and the Danish Export Credit Agency (EIFO). The participating banks are: BBVA, HSBC, ING, NatWest, SMBC, MUFG, Bank of China, Crédit Agricole, CaixaBank, Santander, BNP Paribas, Helaba, Barclays, ANZ, Rabobank, FAB, ICO, Abanca, Kutxabank, Standard Chartered Bank, Bank of Ireland and CID. Crédit Agricole CIB and MUFG acted as financial advisors for the transaction and A&O and Shearman acted as legal advisors to the borrower. The transaction, which was 40% oversubscribed, is one of the largest of its kind to date and will cover a substantial part of the total investment in the project, estimated at approximately €5.2 billion. The financing will be provided through green project finance, which is a financing structure for large projects in which the loan is granted mainly on the basis of the future income that the project will generate. In other words, the money is repaid with the cash generated by the project once it is up and running, all underpinned by confidence in the shareholders' long-term management of the asset. The financing consists of senior debt (approximately 70%) and capital contributed by the shareholders (the remaining 30%), and is backed by long-term power purchase agreements (CfDs and PPAs), which provide investors with certainty regarding future revenues. Construction has also been supported by a bridge loan granted by MUFG and Crédit Agricole. The funds raised will be used to cover the construction costs of the wind turbines, substations, submarine cables and converter stations, both onshore and offshore. It will also finance the operation and maintenance costs prior to commercial operation, which is expected to start in the fourth quarter of 2026. Project revenues will be supported by long-term contracts: with CfD (Contracts for Difference) contracts awarded by the UK government and a long-term power purchase agreement (PPA) signed with Amazon in 2024. This combination ensures high revenue visibility over the lifetime of the project. East Anglia THREE, the large offshore wind project in the United Kingdom Iberdrola and the Abu Dhabi renewable energy group Masdar have agreed this week to co-invest in the East Anglia THREE offshore wind farm. This €5.2 billion transaction is the largest in offshore wind energy in the decade and the largest alliance ever made by Iberdrola. Under the agreement, each company will have a 50% stake and management of the asset, which will be key to advancing Europe's ambitious goals for the development of this technology. Its completion is subject to the usual third-party approvals. East Anglia Three is being built in the North Sea, 69 km off the coast of Suffolk (United Kingdom). The farm will have 95 Siemens Gamesa wind turbines of 14.7 MW each, enabling it to reach an installed capacity of 1,400 MW. East Anglia Three will contribute significantly to the UK's decarbonisation targets, generating clean energy for more than 1.3 million homes and avoiding the emission of millions of tonnes of CO₂. It will also boost the local economy through job creation and the development of the industrial supply chain. READ MORE
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10/07/2025 - 08:37 UTC +02:00Masdar and Iberdrola Announce €5.2bn UK Offshore Wind Deal and Full Energization of 476MW German Offshore Wind Farm Masdar, a global clean energy leader, and Iberdrola, one of the world’s largest energy companies, have reached two major milestones with a €5.2 billion co-investment in the UK’s East Anglia THREE offshore wind farm – the largest offshore wind transaction of the decade – and the full energization of their 476MW Baltic Eagle project in Germany. These developments mark significant progress in delivering Europe and the UK’s offshore wind targets and advancing the companies’ €15 billion strategic partnership to accelerate clean energy deployment across key markets including the UK, Germany, and the US. Signed in December 2023, the Masdar–Iberdrola partnership is one of the largest bilateral alliances in the global clean energy sector. Together, these projects accelerate Europe’s offshore wind build-out and underscore Masdar and Iberdrola’s commitment to tripling global renewable capacity by 2030. East Anglia THREE co-investment agreement in the UK Masdar and Iberdrola will co-invest in the 1.4GW East Anglia THREE wind farm in the UK, in the largest offshore wind transaction of the decade. Under the agreement, each company will have a 50% stake in and co-governance of the asset, which will be pivotal in advancing Europe’s ambitious offshore wind development targets. All the conditions precedent have been achieved and the transaction is expected to close shortly. In addition, on 9 July the project financing for East Anglia Three was signed for approximately £3.5 billion - around €4.1 billion euros - with 24 international banks. Oversubscribed by 40%, the facility is one of the largest ever such transactions. It will cover a substantial part of the total costs of the project, estimated at approximately €5.2 billion, without consolidating debt in any of the partners’ financial statements. Located off the Suffolk coast in the UK, East Anglia THREE will become one of the world’s two largest offshore wind farms when it comes into initial operation in Q4 2026, delivering enough clean energy to power 1.3 million British homes. The project benefits from long-term revenue security through a 15-year CPI-linked Contract for Difference (CfD) awarded in the UK Government’s AR4 and AR6 auctions, as well as a Power Purchase Agreement (PPA) with Amazon signed in 2024. Over 2,300 jobs are expected to be created during construction, with 100 long-term roles supported across its lifetime. Full energization of Baltic Eagle in Germany Masdar and Iberdrola have also celebrated the completion and full energization of the Baltic Eagle offshore wind farm in the German Baltic Sea. As the first project completed under the strategic partnership, the 476MW wind farm represents a major step forward in supporting Germany’s clean energy ambitions, reinforcing both companies’ leadership in renewable energy development. It will supply around 475,000 households with renewable energy while reducing carbon dioxide emissions by about 800,000 tons per year. Baltic Eagle is the second of Iberdrola's three major wind farm projects in Germany, along with Wikinger (350MW, in operation) and Windanker (315MW, in planning). Collectively, these offshore wind farms form Iberdrola's Baltic Hub. Baltic Eagle is Masdar’s first project with Iberdrola, its first in Germany and resulted in the company’s largest ever euro-denominated financing. HE Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar said: “Masdar and Iberdrola are continuing to forge one of the largest and most powerful strategic clean energy partnerships to accelerate capacity growth in Europe and worldwide. Offshore wind will play a crucial role in the global energy transformation, and landmark developments like Baltic Eagle and East Anglia THREE are significant advances towards clean energy targets in major European nations. With demand surging due to exponential AI growth and the rise of emerging markets, projects such as these have never been more critical." Ignacio Galán , Iberdrola’s Executive Chairman, said: “Today is an important landmark in our global partnership with Masdar. Partnerships such as this one are vital in accelerating energy security and competitiveness and working towards delivering ambitious climate targets. With Masdar, we have a partner who shares our vision and commitment. “Joining forces with Masdar in the East Anglia THREE offshore windfarm will allow Iberdrola to accelerate our strategic focus on the UK, where we are investing £24 billion to 2028 in transmission and distribution networks and in renewable energy, contributing to the delivery of the UK Government’s ambitious electrification plans. The completion of Baltic Eagle represents a new milestone in our partnership, reinforcing Iberdrola’s commitment to electrification and strengthening our presence in the Baltic Sea.” Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “This landmark partnership underscores our commitment to driving Europe’s energy transformation and advancing global climate goals. Our strategic co-investments with Iberdrola in East Anglia THREE and Baltic Eagle demonstrate how ambitious cross-border partnerships can deliver transformative impact at scale. Together, we are setting a new benchmark for offshore wind collaboration, and we are looking forward to deepening this partnership as Europe accelerates its renewable energy targets. “Through this partnership, Masdar is reaffirming its long-standing commitment to the European energy transformation. From our roots in the UK since 2008 to our growing presence in Germany, we are proud to be part of some of the region’s most iconic renewable energy developments. Our co-investments in East Anglia THREE and Baltic Eagle exemplify how cross-border collaboration can accelerate impact at scale.” Masdar and Iberdrola will continue to jointly invest in future clean energy projects in Europe and in other markets. Work to identify other opportunities is already underway, with the anticipated total value of joint investments in offshore wind and green hydrogen as part of the partnership calculated at €15 billion . As Masdar advances towards its target of 100GW of global clean energy capacity by 2030, its European footprint continues to expand and – following its landmark acquisitions in 2024 of Saeta Yield in Spain and TERNA ENERGY in Greece – is expected to contribute up to 30GW of capacity and support the region’s clean energy goals. In addition to its partnership with Iberdrola, Masdar has invested in wind and solar projects across key European markets, reinforcing its role as a long-term, trusted partner in the region. Iberdrola invested €17 billion in electricity grids and renewable generation in 2024, further promoting the electrification of the economy and energy autonomy, and fostering competitiveness and employment worldwide. Of this, more than €5.4 billion was invested in renewables across core geographies, adding 2,600 MW of capacity to exceed 44,000 MW of green energy. Iberdrola is the leader of the European PPA market, signing 1,250 MW of PPAs and increasing long-term PPAs with key partners in 2024. READ MORE
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04/07/2025 - 11:15 UTC +02:00Iberdrola recognised for its investor relations as the best European utility at the IR Impact Awards Europe 2025 Iberdrola was one of the big winners at the IR Impact Awards Europe 2025, receiving three prestigious awards that consolidate its leadership in i nvestor relations . The company was recognised as ‘Best in the Utilities Sector’, an award based on a survey of investors and analysts, who valued its transparency, strategy and commitment to sustainability. In addition, the awards jury honoured Iberdrola with the award for ‘Best Innovation in Shareholder Communication’, highlighting its ability to adapt its messages to new market demands and its shareholder-focused approach. This distinction highlights the company's efforts to maintain clear, accessible and proactive communication with all its stakeholders. Finally, Iberdrola was awarded the prize for ‘Best Use of Technology, including Artificial Intelligence’, in recognition of its commitment to advanced digital tools that improve the investor experience and optimise financial reporting processes. These awards reinforce Iberdrola's commitment to excellence, innovation and transparency in its relationship with the markets. The IR Impact Awards Europe are one of the most prestigious awards in the field of investor relations at European level. Organised annually by the international platform IR Impact since 1990, these awards celebrate excellence in financial communication and corporate transparency. The event recognises both companies selected by direct vote from analysts and investors and those evaluated by an expert jury in nomination categories, making these awards a key benchmark for measuring best practices in the sector. READ MORE
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03/07/2025 - 10:00 UTC +02:00Iberdrola Australia participates in a technology conference with young people organised by Newcastle University Iberdrola Australia, Iberdrola's international business in Australia, participated in the "Gippsland Science and Engineering Challenge" held last June in Sale, Victoria. The team working on the development of the future Aurora offshore wind farm, with a capacity of up to 3 GW, participated in this event with students to promote technical careers in science, technology, engineering and mathematics (STEM). With this action, Iberdrola Australia reaffirms its commitment to the local community and the development of technical skills among young people. The event, part of the University of Newcastle’s national initiative, brought together more than 150 students from six primary and secondary schools in the region. The young students took part in hands-on science, technology, engineering and maths (STEM) challenges, including bridge building, city energy management and wind turbine design. READ MORE
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03/07/2025 - 09:13 UTC +02:00Iberdrola on the search for solutions to increase the resilience of electricity grids faced with extreme weather events BAT B Accelerator Tower in Bilbao, a benchmark centre for corporate innovation and entrepreneurship in Bizkaia, held its international event B Acceleration Week, which aims to create meeting points and partnerships between the local corporate ecosystem with entrepreneurs in the area, as well as startups with innovative solutions at a global level. Under this framework, with the presence of the main corporations in Bizkaia, the participation of more than 100 startups and more than 300 guests, Iberdrola disclosed the new challenge focused on electricity grids and aimed at startups. This challenge aims to improve the resilience of the distribution grid , anticipating extreme weather events and minimising their impact on customers through the use of advanced computing techniques. It does so through its PERSEO programme, which seeks to facilitate the Group’s access to the technologies of the future while fostering the development of a global ecosystem of startups in the electricity industry with a focus on sustainability. This tool was created to introduce innovation at the company through various programmes and facilitate its potential application in tangible business cases that add significant value for Iberdrola and its stakeholders. Interested start-ups can submit their proposals until 15 September and the winner will be announced on 20 November. The winner will carry out a trial and/or proof of concept to validate the solution in a real environment, may join the Global Smart Grids Innovation Hub – Iberdrola's global smart grid centre based in Bilbao – as a partner and PERSEO may consider investing in the participating company and/or in the challenge’s winning solution. Iberdrola is today the world’s leading wind power producer, the first European electricity company in terms of market capitalisation and one of the two largest in the world. It is a company that is committed to the energy transition with a sustainable business model based on renewable energies , smart grids , large-scale energy storage and digital transformation to offer its customers the most advanced products and services. Today, Iberdrola is the private energy company that invests the most in R&D&I in the world, with a clear commitment to innovation as a key strategic variable for the development and evolution of all of its businesses and activities. This long-standing strategic vision has enabled the company to anticipate the current energy transition by 20 years to face the challenges of climate change and the need to offer a cleaner, more reliable and smart business model. Enlit Bilbao 2025 The winner will be announced during the European Enlit event in Bilbao from 18 to 20 November. Enlit is a global forum dedicated to addressing all aspects of the energy transition. Enlit Europe is the main event of the year and its location changes around the continent. In 2022, it was held in Frankfurt, in 2023, in Paris, in 2024 it was held in Milan, and in 2025 it will be held in November in Bilbao. Iberdrola and the Basque institutions have played a key role in making this year’s event take place in the capital of Bizkaia. PERSEO Iberdrola Ventures, 15 years innovating with startups and industrial businesses PERSEO is part of Iberdrola’s commitment to a sustainable energy model. This programme promotes the development of startups and innovative industrial companies working in new areas that accelerate the energy industry’s electrification and sustainability. Since its creation in 2008, PERSEO has invested more than €1.2B in businesses developing innovative technologies, with a focus on those that will improve the sustainability of the energy industry through further electrification and decarbonisation of the economy. Global Smart Grids Innovation Hub Located in Bilbao, the Global Smart Grids Innovation Hub , sponsored by Iberdrola in partnership with the Provincial Council of Bizkaia, is consolidating its position as a world benchmark for innovation and knowledge in smart grids to respond to the challenges of the energy transition. It also acts as a driving force for innovation, combining Iberdrola’s technological capacity with the more than 100 partnering organisations and companies integrated into the Hub. The initiative brings together the innovative potential of more than 200 professionals in the development of R&D&I projects related to some of the challenges of the electricity grids of the future: greater digitalisation, the processing of the data generated by those infrastructures and their response, and electric mobility and self-consumption. About BAT (B Accelerator Tower) BAT, or B Accelerator Tower, is the spearhead of a national project that aims to put Bizkaia on the international entrepreneurship map. The backing of the main Basque institutions aims to make BAT B Accelerator Tower a unique centre in the world, capable of bringing together public tools at the service of entrepreneurship and innovation, together with the differential services and international network of PwC and work with international partners such as Talent Garden and Impact Hub. Aiming to be the most important innovation hub in Southern Europe and the best connected, B Accelerator Tower is a meeting point and driver of entrepreneurial talent and open innovation, where startups, corporates, investors and the public administration work together. READ MORE
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02/07/2025Ignacio Galán participates in the World Economic Forum's group of leaders for growth and competitiveness in Europe Ignacio Galán, chairman of Iberdrola, took part in the latest World Economic Forum meeting in Brussels, where the Leaders for Growth and Competitiveness in Europe initiative was launched with the support of 60 leaders from the public and private sectors, civil society and expert organisations, following discussions held during the Annual Meeting in Davos last January. One of the key topics discussed during the meeting was the opportunities offered by electrification for the EU's strategic autonomy, competitiveness, industrial development, job creation and decarbonisation. In this regard, the importance of electricity grid infrastructure and its role in ensuring supply, enabling the connection of new demand and integrating indigenous renewable resources across Europe was highlighted. It was also stressed that clear and stable policy and regulatory frameworks will be needed to encourage the necessary investment. On this issue, Ignacio Galán pointed out that electrification is a key driver of European growth and competitiveness. Investing in clean energy , networks and storage can lead to greater strategic autonomy, greater security of supply, more industrial development and more jobs, while contributing to environmental objectives. READ MORE
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02/07/2025 - 10:12 UTC +02:00Iberdrola will distribute a supplementary dividend of €0.409 per share in July, up 16.5% TIMELINE FOR THE “IBERDROLA RETRIBUCIÓN FLEXIBLE ” COMPLEMENTARY DIVIDEND SCHEME 2 July 2025 Announcement of the number of free allocation rights required to receive one share and the gross amount of the complementary dividend per share. 3 July 2025 Publication of the capital increase announcement. Last day shares are traded with dividend rights. 4 July 2025 Date from which shares no longer carry dividend rights under the “Iberdrola Retribución Flexible” scheme. Also known as the ex date. Start of trading periods for free allocation rights and common election. 17 July 2025 End of trading periods for free allocation rights and common election. 28 July 2025 Payment of the complementary to shareholders who opted for the cash alternative. Issuance of new shares under the capital increase. 30 July 2025 Expected date for the start of ordinary trading of the new shares to be issued as part of the capital increase. READ MORE
