News
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22/05/2025 - 10:19 UTC +02:00East-West Digital: A New Iberdrola Company Launched at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg Iberdrola today announced the official launch of East-West Digital, a new company dedicated to the development and commercialization of AI-powered digital solutions for sustainability. East-West Digital will leverage innovations developed by Iberdrola Innovation Middle East, a leading global digital solutions Innovation Center established by Iberdrola at the Qatar Science and Technology Park in 2016. The announcement was made during a press conference held at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’, in the presence of senior dignitaries, business leaders, and media representatives. Notably, the event saw the special attendance of H.E. Dr. Álvaro Renedo Zalba, Ambassador of the Kingdom of Spain to Qatar; Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar; Mr. Pedro Azagra CEO of Avangrid; and Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital. Sheikh Ali Alwaleed Al-Thani, CEO of Invest Qatar, said: “The launch of East-West Digital marks a significant milestone in our ongoing efforts to foster innovation and sustainability in Qatar. This initiative is a testament to our ongoing collaboration with Iberdrola Innovation Middle East that began in May 2022. By leveraging cutting-edge AI technologies , East-West Digital will not only enhance our digital landscape but also contribute to global sustainability goals. This venture underscores our commitment to supporting projects that drive economic growth and technological advancement, reinforcing Qatar's position as a hub for innovation and excellence.” Mr. Pedro Azagra, CEO of Avangrid, said: “Iberdrola's launch of East-West Digital at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’ demonstrates our strong dedication to advancing the electrification of the global economy. This innovative initiative will leverage AI-powered solutions to develop smarter and more efficient grids, reduce external energy dependency, and boost competitiveness. By supporting local industries and generating employment opportunities, we aim to achieve not only technological progress but also economic stability and growth.” Mr. Santiago Bañales, Managing Director of Iberdrola Innovation Middle East and CEO of East-West Digital, added: “East-West Digital is the natural progression of the work we began with Iberdrola Innovation Middle East. Our AI-based solutions are already enabling the electrification of the global energy system. East-West Digital will bring to market a portfolio of AI-driven digital solutions for business and government clients, working closely with integrators and strategic partners to scale technologies that support global sustainability goals. In doing so, we aim to align with broader efforts to support the growth of a knowledge-based economy and attract top talent, in line with the goals of Qatar National Vision 2030.” Iberdrola Innovation Middle East was established in Qatar in 2018 in the presence of Iberdrola Executive Chairman, Ignacio Galán, and leadership from the Qatar Investment Authority. The partnership gained new strength with the signing of a Memorandum of Understanding with Invest Qatar during the state visit of His Highness the Amir of Qatar to Spain in 2022, reinforcing a shared focus on digital innovation and sustainability through the establishment of a world-leading innovation center. The announcement at the 2025 ‘Qatar Economic Forum, Powered by Bloomberg’, aligned with one of the Forum’s core pillars – “Energy Supplies & Security” – focused on energy security and the future of global energy systems, underscoring the relevance and timing of this new venture READ MORE
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21/05/2025 - 11:43 UTC +02:00Iberdrola España installs its first microgrid in Spain at Schneider Electric's Barcelona plant Iberdrola España and Schneider Electric, a manufacturer of electrical components, inaugurated a microgrid at Schneider's plant in Barcelona. Iberdrola España , Iberdrola's subsidiary in Spain, was responsible for installing the 990 solar panels, the 5 electric vehicle charging points and the battery system, which has a storage capacity of 216 kWh. Schneider has also successfully converted its Molins de Rei, Barcelona plant into a Zero CO2 factory, hitting 100% of its decarbonisation targets. A microgrid takes advantage of storage and self-consumption to manage energy and use it when it’s most needed. The microgrid will control distributed resources to reduce its operating costs, increase its installation’s resilience and be more sustainable. Iberdrola is developing the ‘Microgrids as a Service’ concept, including solar, batteries and energy management software to help its customers get the most out of decarbonisation processes. This project is financed by the call for subsidies for new business model projects in the energy transition through the Institute for Energy Diversification and Savings (IDAE) under the framework of the Recovery, Transformation and Resilience Plan – Funded by the European Union – Next GenerationEU. You can read the full story at Iberdrola España's Press Room. READ MORE
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20/05/2025 - 16:00 UTC +02:00Ignacio Galán attends the official reception of the British Prime Minister at the EU-UK Summit Ignacio Galán, the Executive Chairman of Iberdrola , attended the official reception held at 10 Downing Street, London, at the invitation of Keir Starmer, the British Prime Minister, to mark the historic summit between the United Kingdom and the European Union. The event brought together prominent business leaders and political authorities to sign a new economic and energy cooperation agreement. Among the attendees were key figures such as the European Commissioner for Trade and Economic Security, Institutional Relations and Transparency, Maroš Šefčovič; the British Chancellor of the Exchequer, Rachel Reeves; the Secretary of State for Business and Trade, Jonny Reynolds; and the Secretary of State for Energy Security and Net Zero, Ed Miliband. The summit marks a turning point in post-Brexit relations, with a renewed focus on energy integration and lowering trade barriers. The new UK–EU agreement envisages lowering trade barriers on food and drink and energy taxation by linking the UK and EU emissions trading systems. Both sides have identified other areas where they will explore closer cooperation, including the possibility for the UK to participate in the EU's internal energy markett. Ignacio Galán welcomed the announcement and highlighted Iberdrola’s role as one of the leading investors in electricity infrastructure in the United Kingdom . “With plans to invest €28 B in the country by 2028, we support the UK government's approach to driving economic growth through closer cooperation on electrification and energy security,” he said, referring to the group's commitment to the UK market and electricity infrastructure there. READ MORE
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20/05/2025 - 11:14 UTC +02:00Iberdrola Mexico signs a PPA with Alstom to drive its commitment to sustainability Iberdrola Mexico, a country-based company, has installed photovoltaic panels at Alstom's plant in Sahagún, helping Alstom, a world leader in smart and sustainable mobility, take a major step towards implementing its sustainability strategy.This new installation, built on Alstom's third largest plant in the world, offers a production capacity of 583 kWh, which will generate around 1,220 MWh of energy per year, i.e. 16.8% of the plant's total energy consumption. The 1,080 photovoltaic panels installed cover more than 15,000 m2. This is the first photovoltaic plant at Alstom's facilities in the Americas. The project was developed under a power purchase agreement (PPA) , under which Iberdrola Mexico, through its Smart Solar service, will operate the facility for 20 years, while Alstom will consume the energy produced. The clean energy generated is estimated to reduce CO2 emissions by 0.43 tonnes per MWh. You can read the full story at Iberdrola Mexico's Press Room. READ MORE
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20/05/2025 - 11:12 UTC +02:00Iberdrola opens shareholder information desks to drive participation at the General Meeting Iberdrola is taking another step towards promoting participation in the General Shareholders' Meeting to be held on 30 May with the opening tomorrow and until 29 May of its shareholder information desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza. There they will be attended personally and you may delegate your representation or vote with your ID card without needing your proxy and voting card. In addition, you will receive a commemorative gift of a bathrobe even if they have already participated by phone or online. Iberdrola will hold an even more participatory, accessible, personal, sustainable, and innovative meeting this year, making multiple channels available to its shareholders for remote participation and the possibility of attending remotely, in addition to in-person attendance with reserved seating. The General Meeting – which Iberdrola is holding at a record high stock market value of close to €100 B – will submit to its shareholders the approval of the results for the 2024 financial year, in which the company invested €17 B and increased its net profit by 17% to €5.612 B. The agenda also includes the proposed distribution of a final dividend of €0.404 gross per share, which, added to the €0.231 interim dividend paid in January, would bring the total distribution to the hundreds of thousands of savers who invest in the company to €0.635 per share, an increase of 15% over last year. In addition, the company has proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. This financial year Iberdrola's engagement policy is 10 years old. In 2015, the company's Board of Directors approved this strategy, which is set out in the Bylaws and whose focus is its thousands of investors. The company chaired by Ignacio Galán was a pioneer in introducing this management strategy, which seeks to facilitate the participation of all its shareholders in its business project by promoting transparency, active listening, and effective disclosure of its business on an ongoing basis throughout the year, including them not only when the General Shareholders' Meeting is held. Iberdrola celebrates this anniversary with a new space for shareholder engagement . Multiple ways to participate All Iberdrola shareholders can participate in the meeting through a wide range of channels as long as they have at least one share registered in their name on 23 May. * Shareholders who are members of the OLA Shareholder Club will receive a company card with a personalised QR code to vote quickly and easily over votojunta.iberdrola.com . Club members may also participate by simply entering their number of shares or their club password over that same website. * That website will also be available to all shareholders, whether they are members of the Club or not, using their electronic signature or share number. * Voting will also be possible via instant messaging systems. To vote over this channel, shareholders will simply have to send a picture of their signed proxy and remote voting card by WhatsApp (to the number +34 682 333 782) or Telegram (to the Junta Iberdrola account). * The address junta2025@iberdrola.es has also been set up for shareholders who prefer to send their signed cards over this channel. * Shareholders who prefer to exercise their voting rights by telephone may do so by calling the toll-free number 900 100 019. * For those who wish to use the postal service, they can send their signed card to Post Office Box 1.113, 48080 Bilbao. * The company will also make on-site service desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza available to its shareholders where they can delegate and vote from Wednesday 21 May until Thursday 29 May. In addition to the free gift available at the customer service points, 30 electric bicycles will be raffled among those who participate over the corporate website or the telephone channel. In addition, the company provides shareholders with a constant flow of information and promotes their continuous involvement throughout the year through the Shareholders' Office and an interactive app for members of the OLA Shareholders' Club. Face-to-face and online meetings are held with shareholders in different cities in Spain throughout the year to foster ongoing dialogue, answer any questions, receive any suggestions and provide them with information about the company. READ MORE
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16/05/2025Iberdrola Italia inaugurates a new photovoltaic plant Iberdrola Italia, Iberdrola's international business company in Italy, inaugurates its third photovoltaic plant in Tarquinia (Italy) with the aim of boosting the production of clean energy to promote the industrial electrification of the country. With a capacity of 33 MW and a production of around 50 GWh of solar energy per year, supplied by the 50,000 photovoltaic panels installed, the new plant will meet the needs equivalent to the consumption of 18,000 families, avoiding the emission into the atmosphere of more than 15,000 tonnes of CO2 per year. This new facility is a clear example of Iberdrola's commitment to biodiversity and integration with the environment, including in the project the planting of an olive grove with 1,350 olive trees, which will provide additional income to local communities. You can read the full news in the Iberdrola Italy Newsroom. READ MORE
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16/05/2025 - 11:00 UTC +02:00Ignacio Galán attends state dinner with the Emir of Qatar and Donald Trump Ignacio Galán, Executive Chairman of Iberdrola , attended the state dinner hosted by the Emir of Qatar in honour of the visit of the President of the United States, Donald Trump. This event brought together a select group of business and political leaders, highlighting the importance of international relations and collaboration between nations. During the dinner, Galán reaffirmed Iberdrola's commitment to the United States , the company's main destination for investments. In the last 20 years, Iberdrola has invested $50B in the US and plans to add another $20B by the end of the decade to modernise, expand and digitise grid infrastructures. The company also has 10,500 MW in operation in the generation business. The relationship between Iberdrola and Qatar dates back to 2011, when the Qatar Investment Authority became the company's largest shareholder. Since then, the two organisations have collaborated on various initiatives, including a research and development centre in Qatar focused on smart grids and digitalisation. This strategic partnership has strengthened Iberdrola's position as a leader in the global energy sector. READ MORE
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15/05/2025Iberdrola signs agreement to acquire the electricity business of Electra del Maestrazgo Iberdrola has taken another step in expanding its networks business in Spain by acquiring the distribution, supply, and energy generation operations of Electra del Maestrazgo, a family-run utility based in Castellón. The company manages 1,350 km of medium- and low-voltage power lines, 21,000 supply points, 19,000 retail customers, and 6.8 MW of installed capacity from photovoltaic and hydroelectric generation plants. These assets will be integrated into Iberdrola’s operations, enhancing its presence and activities in the region. With this acquisition, Iberdrola reinforces its commitment to energy efficiency in the provinces of Castellón and Teruel. The transaction is aligned with Iberdrola’s strategic plan , which places a stronger emphasis on the electricity networks business. In response to increasing electrification demands, the company has committed to investing more than €13 billion in networks between 2025 and 2026. The company aims to reach €51 billion in regulated network assets by the end of this year, up from €49 billion reported in the first quarter. The transaction is subject to approval by the CNMC (National Commission on Markets and Competition) before completion. READ MORE
