News
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20/02/2025 - 13:58 UTC +01:00Iberdrola and Kansai expand their strategic alliance to accelerate electrification in different countries Iberdrola and the Japanese electricity company Kansai announced today the extension of their strategic alliance with the aim of accelerating electrification globally. This collaboration will focus on various electricity grid and renewable energy projects in different countries. Both companies see this new agreement as a strategic milestone that will allow them to jointly explore other investment opportunities in different technologies and regions within the renewable energy and electricity grid industry. The agreement strengthens the relations of both companies, following the co-investment in the Windanker offshore wind farm at the end of December 2024. The Windanker offshore wind farm, located in the German Baltic, will have an installed capacity of 315 MW and will be operational in the last quarter of 2026. Iberdrola has a majority stake of 51% and provides operation and maintenance services, while Kansai, Japan's second largest electricity company and one of the largest in Asia, holds the remaining 49%. In addition, both companies have jointly invested in the Electricity North West (ENW) group , the electricity distribution network operator in the United Kingdom. Iberdrola has an 88% stake and the consortium led by Kansai owns the remaining 12%. Iberdrola, a global leader in energy and a benchmark in the sector for its sustainable business model, has invested more than 160,000 million euros since 2001 to develop a clean, safe, autonomous and competitive energy model, making it a strategic partner for the Japanese electricity company. For its part, Kansai has committed to achieving carbon neutrality in all its business activities by 2050, expanding renewable energy sources and improving energy efficiency. Partnerships for growth The alliance policy is Iberdrola's strategy to accelerate its growth and promote the decarbonisation of the economy while maintaining its financial strength. In addition to the agreements with Kansai, the company chaired by Ignacio Galán has made the following agreements in recent months: * The sale of the Baixo Iguaçu hydroelectric plant to EDF and STOA . * In January 2023, it signed an alliance with Norges Bank to co-invest in renewables that, after its expansion, will reach 2,500 MW. * In December 2023, Iberdrola closed an agreement with Masdar to co-invest up to €15,000 million in offshore wind and green hydrogen in Germany, the United Kingdom and the US, the first milestone of which was the agreement for the Baltic Eagle offshore wind farm in Germany. * In September 2023, the company closed an alliance with GIC for the expansion of transmission networks in Brazil for 430 million euros. * The company sold more than 8,400 MW of combined cycle gas in Mexico last February for 6,200 million dollars. * In March 2023, Iberdrola and BP launched a joint venture to deploy 11,700 fast-charging points in Spain and Portugal and have formed a 50/50 joint venture to develop a 25 MW green hydrogen project, the largest plant in Spain. * Iberdrola and MAPFRE have continued to make progress in their strategic alliance by incorporating 150 new MW through a joint venture, which already has 450 MW. * In addition, Iberdrola signed an alliance with Energy Infrastructure Partner s to co-invest in the Wikinger offshore wind farm and boost its offshore wind portfolio. READ MORE
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19/02/2025 - 17:13 UTC +01:00Iberdrola and Enlit Europe start preparations for the star European industry event in Bilbao in November During the week, several working groups led by Iberdrola and Enlit have been organised at Torre Iberdrola in Bilbao to draw up the roadmap, lines of work and the most important topics to be discussed at Enlit Bilbao 25. Enlit Europe will be held in November in Bilbao, the congress that connects companies, industries and suppliers through digitalisation, energy transition and electrification . Iberdrola is the main partner of this European event, bringing this international meeting to Spain. READ MORE
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18/02/2025 - 13:01 UTC +01:00Carlinhos Brown speaks for Neoenergia's electrical safety campaign Neoenergia, Iberdrola's subsidiary in Brazil, has launched a new campaign for Carnival 2025, featuring the voice and rhythms of Carlinhos Brown. The company's aim is to spread fun and good humour among thousands of carnival-goers to talk about an issue of importance in their daily lives and that shouldn’t be ignored even during the party: electricity grid safety. The song "Energia é folia" explains how to enjoy carnival in a safe and aware way. The company is strengthening its leading role in the sector, r aising public awareness through music . The song includes safety tips such as to not climb poles, marquees or trees, or throw paper or metallic streamers onto the electricity lines. These are guidelines that are useful for everyday life and are also relevant during carnival. You can read the full story at the Neoenergia Communication Room . READ MORE
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14/02/2025 - 14:34 UTC +01:00Iberdrola España and ANFAC join forces to promote electric mobility in Spain Iberdrola España and ANFAC (the Spanish Association of Automobile and Truck Manufacturers) have joined forces to promote the implementation of electric mobility in Spain, the only emission-free option currently available that also allows for progress in energy independence. Both organisations consider this alliance key to promoting the sale of electric vehicles more strongly, definitively driving forward the development of public access charging infrastructure and advocating the implementation of effective public policies and incentives to meet the targets set by Europe and established in the National Energy and Climate Plan (NECP). Electric mobility not only facilitates the reduction of emissions and the improvement of air quality in cities, but also represents an economic boost to the country, both in the manufacture of vehicles and the construction of charging stations. These are areas that help to generate employment and foster innovation and the development of new technologies in the mobility and renewable energy sectors. Iberdrola, with more than 8,400 charging points with a 100% renewable guarantee of origin (GO) in operation in Spain and 4,000 more in different phases of installation or activation, is the leading infrastructure operator. For its part, ANFAC, the main representative of the automotive sector in Spain, with more than 60 associated brands, makes them key partners in facing the challenges and opportunities posed by the electrification of mobility. You can read the full story in the Iberdrola Spain Communication Room- READ MORE
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13/02/2025 - 16:19 UTC +01:00Construction underway on subsea electricity superhighway in the North Sea Construction has started on a subsea electricity superhighway which will help expand the grid for the future. As well as supporting long-term local development for regional communities playing host to the critical electricity infrastructure. Eastern Green Link 1 , a joint venture between SP Energy Networks and National Grid Electricity Transmission, will transport green electricity for two million homes along over 190km of predominantly undersea cable linking the south-east of Scotland with the north-east of England. The £2.5bn project was given the green light by Ofgem last year and onshore works are now underway with offshore construction due to start in the summer. At the cable’s two landfall points, Torness, in East Lothian, and Hawthorn Pit, in County Durham, two converter stations will be built to change the electricity from alternating to direct current – the most efficient way for it to travel long distances. Specialist boats are then used to lay the cable across the seabed and bury it throughout the route before connecting it to the grid. Today in Torness, SP Energy Networks CEO, Nicola Connelly and National Grid Electricity Transmission President of Strategic Infrastructure, Carl Trowell, were joined by Minister for Housing and MSP for East Lothian, Paul McLennan, to mark construction getting underway. Together, SP Energy Networks and National Grid Electricity Transmission already own and operate the Western Link, the world’s highest capacity subsea cable, and one of the longest, connecting Hunterston in Scotland to Connah’s Quay in Wales. Operational since 2017, the link supported over 450 jobs during planning and development and has transmitted over 30,000GWh of electricity during its first five years of operation – enough to power all the homes in Wales for the same period. You can read the full article at the ScottishPower Press Room . READ MORE
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13/02/2025 - 15:50 UTC +01:00Iberdrola and Marinas de España team up to connect the country's marinas to the electrical grid Iberdrola España and Marinas de España, the Spanish Federation of Associations of Marinas and Tourism Ports, have signed a collaboration agreement to implement electrification solutions to encourage the decarbonisation of the 180 marinas that are part of the associations of Andalusia, Asturias, the Balearic Islands, the Canary Islands, Catalonia, Galicia, Murcia and Valencia, to improve their competitiveness and reduce their dependence on fossil fuels. The first step within the partnership will be to run an industry analysis through Balantia's Net Zero Emissions Manager. The platform, recently launched as a result of Iberdrola España’s acquisition of 100% of Balantia , calculates CO2 footprint, determining the processes with the greatest impact and automatically prepares a decarbonisation plan focused on compliance with regulations and climate targets for 2030 and 2050. It also manages equipment inventory data, asset profiles and invoices. Based on the results, an electrification plan will be studied to decarbonise and increase port competitiveness, based on electric vehicles and ships, photovoltaic self-consumption , electrification of heat, energy supply tariffs with guarantees of origin and other possible solutions that can add value. For those emissions that cannot be reduced, Iberdrola Group, through Carbon2Nature , provides companies with high quality carbon credits based on natural projects that absorb CO2, foster the circular economy and promote sustainable development. You can read the full story at Iberdrola España’s Communication Room . READ MORE
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13/02/2025 - 09:08 UTC +01:00Avangrid to install new plants to meet growing demand from US data centres Avangrid, Iberdrola's subsidiary in the US, supports organisations that operate data centres, which will be key to driving the artificial intelligence (AI) revolution by feeding them clean energy. It is also actively working to install new renewable plants to meet growing demand. According to a US Department of Energy report , data centre load growth has tripled in the last decade and is expected to double or triple again by 2028. Avangrid currently has 8 facilities supporting data centres , with a capacity of over 1,250 MW, and has 6 more under construction or soon to be built, totalling over 800 MW of additional capacity. You can read the full story at the Avangrid Newsroom . READ MORE
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12/02/2025 - 15:39 UTC +01:00Iberdrola awards Ingeteam €350 million in purchases over the 2020-2024 period Iberdrola's Global Procurement Director, Ignacio Sánchez-Galán, visited Ingeteam's facilities in Beasain, Gipuzkoa today. He was accompanied by Ingeteam's CEO, Adolfo Rebollo, and Asís Canales, Iberdrola's Global Director of Resources and Services. During the visit, Ignacio Sánchez-Galán highlighted the company's firm commitment to the Basque Country. This is expressed in the recent orders Iberdrola has placed with Basque suppliers . One of these is the company Ingeteam, based in Zamudio, Bizkaia. The purpose of the visit was to learn about how of Ingeteam Indar Machines manufactures and produces generators in Beasain for Iberdrola's Villarino hydroelectric power plant in Castilla y León first-hand. Purchases from the company chaired by Teresa Madariaga have accumulated a value of just over €350 M over the last five years. These contracts are mainly for Iberdrola's renewable energy projects, grid digitalisation and the economy’s electrification. In terms of renewable energy projects, of note are the contracts for the future supply of 6 motor-generator stators for the Villarino plant for €22 M, the transformation centres for solar plants and for storage for 4 photovoltaic plants (Almaraz I, Almaraz II, Andévalo, Revilla Vallejera), the purchase of integrated operation and control centres for the substations of the Tâmega Norte and Tâmega Sul farms in Portugal, and the purchase of the starter for the Tâmega Norte and Tâmega Sul plants in Portugal, Andévalo, Revilla Vallejera), the purchase of integrated operation and control centres for the substations of the Tâmega Norte and Tâmega Sul wind farms in Portugal, and the starter for the Valparaíso hydroelectric plant, which will allow Ingeteam to take advantage of opportunities in pumping technologies. In grid digitisation , noteworthy are the agreements reached in Brazil for new substations and the agreements to supply protection and control equipment for substations in Spain. In relation to the economy’s electrification, of particular note are the contracts to supply equipment to charge electric vehicles and battery storage systems in Spain, the United Kingdom and Portugal, as well as opportunities in the electrification of ports (OPS) and the production of renewable hydrogen, where Ingeteam is a benchmark in the manufacture of rectifiers. These partnerships reflect Iberdrola's long-standing ties with the Basque Country, where it has spent decades promoting the revitalisation of industry and the improvement of the competitiveness of its business fabric, as well as the creation of quality jobs in the industries of the future. Iberdrola's global growth has become a driving force for the internationalisation of hundreds of Basque companies, which have been demonstrating for years their ability to provide highly competitive and high quality products and services all over the world. Iberdrola's tax contribution in 2024 has grown by 15% to nearly €800 M. Iberdrola is one of the driving forces of the Basque Country's economy, with a €3.5 B impact on its GDP in investments, purchases, salaries and tax contribution. The company supports a total of 30,000 jobs in the Basque Country. Iberdrola's internationalisation over the last 20 years has had a direct impact on Basque suppliers, including companies such as Haizea Wind, Ingeteam, Ormazabal, Arteche and Siemens-Gamesa, with annual purchases amounting to over €3.3 B. READ MORE
