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25/03/2025 - 17:42 UTC +01:00Iberdrola calls its General Shareholders' Meeting for 30 May Iberdrola’s Board of Directors agreed at its meeting today to convene the company’s 2025 General Shareholders' Meeting for 30 May. Iberdrola will submit to its shareholders’ approval its results for the year, during which it invested €17 B and recorded a net profit of €5.612 B. This has enabled the Board of Directors to propose to the General Meeting a final dividend of €0.404 gross per share which, added to the €0.231 paid on account in January, would bring the total distribution to the hundreds of thousands of savers who invest in Iberdrola to €0.635 per share, an increase of 15% over last year. In addition, and for the fourth consecutive year, the Board of Directors has proposed to distribute a dividend of €0.005 per share to all shareholders entitled to participate in the General Meeting, if a quorum of at least 70% is reached. With this, the company reaffirms its commitment to encouraging the participation of its hundreds of thousands of shareholders and their involvement in the company's decisions, both at the Shareholders’ Meeting and throughout the year. In total, the agenda for the upcoming Shareholders’ Meeting includes 26 proposed resolutions, including amendments to the By-laws and an update of the Regulations of the General Shareholders' Meeting to further promote transparency and increasingly robust, solid and comprehensive corporate governance. With the same focus on continuous improvement, the Board of Directors of the company today approved the revision of various internal rules and policies. In addition, as indicated above, approval of the annual accounts, the management report, the statement of non-financial information for 2024 and two new editions of the optional ‘Iberdrola Flexible Remuneration’ dividend system are all on the agenda as well. The re-elections of Ángel Jesús Acebes Paniagua and Juan Manuel González Serna, as independent directors, and the ratification and re-election of Ana Colonques García-Planas, who joined the Board of Directors last December, as independent director, as well as maintaining the number of members of the Board of Directors at 14, are also proposed to the General Shareholders’ Meeting. With these proposals, the structure of the Board is maintained, with 2 executive and 12 external members, 92% of whom are considered independent directors. Leading growth The company, which in 2024 consolidated its position as Europe's leading electricity company by capitalisation and second in the world, with a stock market value of more than €90 B, had a net profit of €5.612 B in 2024 – 17% more than the previous year – and accelerated its investments to a record €17 B. Share buyback programme At today's meeting, the Board of Directors also agreed to implement a new share buyback programme, which is scheduled to begin on 29 April. This plan’s aim is to keep the number of shares in circulation stable at around 6.24 B. To this end, subject to the agreement of the General Shareholders' Meeting, Iberdrola will redeem a maximum of €200 M of its own shares, representing 3.114% of the company's current share capital, which will include those acquired under the buyback programme. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola calls its General Shareholders' Meeting for 30 May", "description": "Iberdrola’s Board of Directors agreed at its meeting today to convene the company’s 2025 General Shareholders' Meeting for 30 May. ", "image": "https://www.iberdrola.com/documents/20125/5063584/250325-torre-iberdrola-520x271.jpg", "datePublished": "2025-03-25T16:22:00+01:00", "dateModified": "2025-03-26T10:22:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-calls-general-shareholders-meeting-30-may", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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25/03/2025 - 10:04 UTC +01:00Iberdrola meets with minority shareholders in Bilbao to outline its business strategy Iberdrola its round of meetings with retail shareholders continued this afternoon in Bilbao, Spain at a meeting at Torre Iberdrola . The mission of this initiative is to promote a permanent, fluid and close dialogue with shareholders, who are at the core of Iberdrola's strategy. On this occasion, Ignacio Cuenca, Iberdrola's Director of Investor Relations, met with shareholders to present the company's balance sheet for the past year and the outlines of its future strategy. In 2024, the company recorded record figures for results, dividends, social contribution and market capitalisation, with more than €90 B, consolidating its position as the leading electricity company in Europe and second in the world. Later on, Iberdrola will hold other meetings with a focus on different business areas that will be attended by other top-level executives. The first meeting was held on 28 January in Valencia , where Eva Mancera, CEO of i-DE, Iberdrola Group’s distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained the il.lumina plan to more than fifty Valencian shareholders, in which Iberdrola will invest €100 M to redesign the electricity distribution network damaged by the cold drop on 29 October. The meetings are held in person and are broadcast live on Shareholder Event . 365 engagement and participation policy These initiatives are part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and included in the Articles of Association, with a special focus on small investors. Iberdrola was a pioneer in introducing this strategy in company management, which seeks to involve all its stakeholders in its business project, based on transparency, active listening and effective disclosure of its activities. Shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholders' Club. Any question, query, initiative or proposal made over the website – confidentially or openly to other shareholders – is answered within 48 hours. You can register for the OLA over its website The electricity company also has other means to communicate with its investors, such as the free telephone 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by e-mail (accionistas@iberdrola.com). Shareholders need only provide their full name and ID card number. Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to promote this permanently open relationship channel and to reward, with exclusive advantages, all persons who have shown their support and trust in the company's track record. Over the years, this initiative has consolidated to be deemed a best practice by the rest of the large listed companies on the Spanish stock exchange. Dividend, key to the strategy Iberdrola is fully committed to its shareholders and dividends are considered a key element. The company has proposed paying a gross dividend of €0.635 per share against the 2024 financial year, reaching the target set for 2026 and 15% more than the €0.553 per share paid out against the 2023 financial year. To this amount will be added the participation dividend once approved at the General Shareholders' Meeting and if the quorum for participation is reached. One of the characteristics most valued by analysts is the company's profitability. Since 2001, the Iberdrola share has increased in value from €3.5 to over €14 and has distributed more than €7.7 in dividends. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola meets with minority shareholders in Bilbao to outline its business strategy", "description": "Europe's largest electricity company in terms of stock market value and the second largest in the world with a market cap of more than €90 B met with shareholders this afternoon at Torre Iberdrola ", "image": "https://www.iberdrola.com/documents/20125/5057714/Iberdrola-Encuentro-con-accionistas-Bilbao762+x+508.png", "datePublished": "25.03.2025 - 10:04 UTC +01:00", "dateModified": "25.03.2025 - 10:04 UTC +01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-meets-with-minority-shareholders-bilbao-business-strategy", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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24/03/2025 - 14:29 UTC +01:00His Majesty King Felipe VI, King of Spain, awards the Iberdrola Scholarships The commitment to new generations’ educational excellence, talent and employability was the central focus of the award ceremony for the company’s scholarships for 2024–2025, which was presided over this morning by His Majesty King Felipe VI at the Iberdrola Campus in San Agustín de Guadalix (Madrid). With this programme, Iberdrola Group, of which Iberdrola España forms part, seeks to identify, promote and incorporate highly skilled young people in areas such as electrification through electricity grids , renewable energies and storage, digitalisation and AI, all of which are essential to achieve a more secure, self-sufficient, competitive and sustainable energy model. The event, which was also attended by the Spanish Minister for Science, Innovation and Universities, Diana Morant, included a lecture by professor Jarillo-Herrero, a researcher at the Massachusetts Institute of Technology, one of the internationally prestigious centres affiliated with the Iberdrola Universities Programme (Iberdrola U), along with Yale and Harvard in the United States, Oxford and Strathclyde in the United Kingdom, the University of Salamanca and the Pontificia Comillas University in Spain, the Tecnológico de Monterrey in Mexico, the University of Qatar, and the University of Queensland in Australia. Ignacio Galán, chairman of Iberdrola, stressed the importance of creating bridges between education and employability, especially in sectors of strategic importance such as energy, and thanked His Majesty the King for his continued support for this initiative. ‘Every year, around 13,000 people pass through this centre to adapt to new technologies. In this way, they can continue working, transferring knowledge and providing a service to a society that increasingly demands more electricity, better services and more skills. This is what we intend to do with these scholarships, with which we ensure that the best people always have all the means to be able to develop’, he said. In the last three years alone, more than 400 people have benefited from the Iberdrola International Scholarship Programme, and many of them have joined the company's team. This initiative is also part of a comprehensive commitment to young talent, which has led Iberdrola Group to onboard more than 30 k young people in the last decade. These programmes are: * Iberdrola International Master's Scholarships: This programme drives education in strategic areas to transform the energy industry, such as engineering, mathematics, digital marketing, environmental sciences and big data at universities in Spain, the United Kingdom and Mexico, to add the very best talent to the company. * Energy for Future: This is an initiative aimed at postdoctoral researchers to add to knowledge and innovation and thus contribute to the growth of an energy development model based on electrification. These grants last for three years and are carried out in collaboration with 15 prestigious international universities. * Iberdrola Fulbright Scholarships: These scholarships offer postgraduate training for two years at universities in the United States in key areas for sustainable energy and technological development. * Fundación Carolina Scholarships: Aimed at students who have already graduated from Latin America and Portugal and who are seeking to deepen their energy and environmental specialisations at Spanish universities. * ICAI Scholarships: Supporting high-potential, high-achieving undergraduate students with a focus on energy disciplines. Likewise, diplomas have been awarded for other specialised training and employability programmes: * Restoration Scholarships at the Prado National Museum and the Bilbao Fine Arts Museum, which, with a duration of two years, are aimed at young specialists in the conservation of artistic heritage and restoration. * ADOP scholarships, which, through university and postgraduate training, accompany Paralympic athletes in their transition to a professional career outside the field of sport, in collaboration with the Spanish Olympic Committee. * Start by Educating (STEM 4 GRLS) scholarships, which train educational leaders to generate real impact in vulnerable environments and foster scientific and technological vocations among girls. Committed to its workers Iberdrola Group considers talent a strategic foundation of the company and is firmly committed to offering quality jobs and ongoing training. It is recognised as one of the best companies to work for in the world and recently received the international ‘Top Employer: Large Enterprise 2025’ seal. READ MORE
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21/03/2025 - 13:06 UTC +01:00Iberdrola holds another meeting with minority shareholders in Bilbao Iberdrola continues in Bilbao its round of meetings with minority shareholders in Spain with a meeting next Monday 24 March in Bilbao at Torre Iberdrola. The electricity company chaired by Ignacio Galán continues its meetings with shareholders to engage investors with the company. This initiative’s mission is to encourage an on-going, fluid, and personal dialogue with shareholders, who are the focus of Iberdrola's strategy. On this occasion, Ignacio Cuenca, Iberdrola's Director of Investor Relations, will meet with shareholders to present the company's balance sheet for the past financial year. Later on, Iberdrola will hold more meetings with a focus on different business areas that will be attended by other top-level executives. The first meeting was held on 28 January in Valencia, where Eva Mancera, CEO of i-DE, Iberdrola group’s distribution company, and Guillermo Raga, director of i-DE in the Eastern Region, explained to more than fifty Valencian shareholders the il.lumina plan, in which Iberdrola will invest €100 M to redesign the electricity distribution network damaged by the cold drop of 29 October. The meetings take place in person and are broadcast live on Meeting with Shareholders . 365 engagement and participation policy These initiatives are part of the shareholder engagement policy, approved by the Board of Directors 10 years ago and reflected in the Articles of Association, with a special focus on small investors. Iberdrola was a pioneer in introducing this strategy in the company’s management, which seeks to involve all its stakeholders in its business project, based on transparency, active listening and effective disclosure of its activities. Shareholders can keep in touch with the company 24 hours a day, 7 days a week, 365 days a year through the OLA Shareholders' Club. Any question, query, initiative or proposal sent over the website – confidentially or openly to other shareholders – will be answered within 48 hours. You can register for the OLA over its website: https://www.iberdrola.com/shareholders-investors/shareholders/shareholders-club. The electricity company also has other means to communicate with its investors, such as the free telephone 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by e-mail (accionistas@iberdrola.com). Shareholders need only provide their full name and ID card number. Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to encourage this always-open relationship channel and to reward, with exclusive advantages, everyone who have shown their support for and trust in the company's path. Over the years, this initiative has been consolidated as a best practice by the rest of the large listed companies on the Spanish stock exchange. Dividend, key to the strategy Iberdrola is fully committed to its shareholders and dividend is considered a key element. The company has proposed paying a gross dividend of €0.635 per share against the 2024 financial year, reaching the target set for 2026 and 15% higher than the €0.553 per share paid out against the 2023 financial year. The participation dividend will be added to this amount once approved at the General Shareholders' Meeting and if the quorum for participation is reached. One of the characteristics most valued by analysts is the company's profitability. Since 2001, the Iberdrola share has increased its value from €3.5 to over €14 and has distributed more than €7.7 in dividends. READ MORE
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20/03/2025 - 16:20 UTC +01:00Iberdrola issues a €400 M share price-linked green bond Iberdrola has launched a green bond issue indexed to its share price. The company has raised €400 M at 5 years. The coupon has been set at 1.5%. This type of bond is characterised by the fact that its return is indexed to the performance of the issuing company's shares (in this case, Iberdrola’s), so investors can exercise a call option on the price of the company's shares in the three months prior to maturity. This option will always be exercisable by payment of the difference. In other words, Iberdrola will not issue or deliver shares in any case, so there will be no dilution effect on its current shareholders. The deal was done with four leading international banks: JP Morgan, Natixis, Mizuho and Morgan Stanley. At the same time, Iberdrola will acquire a hedging option identical to the one sold within the bond, which allows it to be covered against any risk of exercise by bondholders (in the event of a share revaluation above a certain level). This level will be determined in the coming days. The combination of the share-linked bond and the option purchase offers cost advantages over traditional financing and is considered an opportunistic financing operation. This is not the first time Iberdrola has placed a bond in the structured bond market linked to shares. In 2022, the company launched a green bond issue linked to its share price for €450 M and in 2015 it entered the market with a €500 M transaction, which in 2020 it increased by an additional €200 M. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola launches a 400 million euro green bond issue benchmarked to the share price", "description": "The bonds will incorporate an option, allowing investors to benefit from the revaluation of the share at maturity of the bond.", "image": "https://www.iberdrola.com/documents/20125/4075235/torre-iberdrola-726x484.jpg", "datePublished": "20.03.2025 - 16:20 UTC +01:00", "dateModified": "20.03.2025 - 16:20 UTC +01:00", "mainEntityOfPage": "https://https://www.iberdrola.com/press-room/news/detail/iberdrola-green-bonds-400m", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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20/03/2025 - 09:14 UTC +01:00UK CMA clears Iberdrola’s acquisition of Electricity North West Today, the UK Competition and Markets Authority (CMA) cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower . The acquisition is part of Iberdrola’s strategy to strengthen its networks business in countries with strong ratings, such as the UK. Iberdrola, through ScottishPower, now becomes the second largest distribution network operator in the UK, delivering electricity to around 12 million people across a network spanning more than 170,000 kilometers. Welcoming the decision, Iberdrola’s Executive Chairman and ScottishPower’s Chairman, Ignacio Galán , said: “Electrification is powering the UK’s growth and competitiveness, as well as improving its strategic autonomy and contributing to national security. Iberdrola continues to increase its investments here in support of the Government’s plans to modernise the country’s energy system. Network investments are the backbone to this process. “As we welcome our ENW colleagues into our business, we further strengthen our joint ambitions to deliver a resilient, flexible electricity network to meet the future needs and demands of Britain. “Iberdrola has been a steadfast investor in the UK for almost 20 years. On top of our current assets, worth more than £30 billion, our plans in the country aim at investing £30 billion by the end of the decade, two thirds in transmission and distribution networks and one third in renewables, mainly offshore wind. These investments will deliver significant jobs, supply chain and economic benefits to the country.” Notes to editors * ENW distributes electricity to almost 5 million people in the North West of England and has approximately 60,000 km of electricity distribution networks. Geographically, ENW is located in a prime area for Iberdrola, between the two existing ScottishPower networks license areas, in central and southern Scotland and in Merseyside and North Wales. * In October 2024, Iberdrola acquired 88% of ENW in the UK. As stated at the time, the deal values 100% of the target company, including debt, at approximately €5 billion. * Iberdrola’s partners, a consortium of investors from Japan, led by Kansai, will retain a 12% interest in ENW's share capital and have also signed a shareholders' agreement to collaborate on a long-term basis. * With the inclusion of ENW, Iberdrola now employs more than 8,500 people in the UK. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "UK CMA clears Iberdrola’s acquisition of Electricity North West", "description": "oday, the UK Competition and Markets Authority (CMA) cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower. ", "image": "https://www.iberdrola.com/documents/20125/4660833/241022-iberdrola-cierra-compra-distribuidora-britanica-enw-726x484.jpg", "datePublished": "2025-03-20T09:14:00+01:00", "dateModified": "2025-03-20T10:22:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/UK-CMA-clears-Iberdrola-acquisition-Electricity-North-West", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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19/03/2025 - 13:18 UTC +01:00Iberdrola Mexico teams up with car manufacturer Honda to supply its manufacturing plants with clean energy Iberdrola Mexico , Iberdrola's subsidiary in Mexico, has signed a power purchase agreement (PPA) with Honda to supply 100% clean electricity from its wind farms to the Japanese car and motorcycle manufacturer's production plants in Celaya, in the state of Guanajuato, and El Salto, in Jalisco. Honda de México will use this power for its production in the country, where it has an installed capacity to manufacture up to 200,000 cars a year at its Guanajuato plant and more than 120,000 motorcycles at the one in Jalisco, in both cases for the local and export markets. Supplying clean energy to Honda will prevent the annual release of 63,826 tonnes of CO2 into the atmosphere, the equivalent of the carbon captured by more than a million trees over 10 years. The agreement includes the acquisition of Guarantees of Origin (GOs), an instrument that makes it possible to certify the reduction of greenhouse gases by ensuring, with full traceability, that the electricity supply comes from clean sources. You can read the full story in the Iberdrola Mexico Communication Room. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola Mexico teams up with car manufacturer Honda to supply clean energy to its manufacturing plants", "description": "Iberdrola Mexico has signed a power purchase agreement (PPA) with Honda to supply 100% clean electricity from its wind farms to the Japanese car and motorcycle manufacturer's production plants in Celaya, in the state of Guanajuato, and El Salto, in Jalisco.", "image": "https://www.iberdrola.com/documents/20125/0/Honda+726x484.jpg", "datePublished": "2025-03-19T13:18:00+01:00", "dateModified": "2025-03-19T16:22:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-mexico-teams-up-with-car-manufacturer-Honda-to-supply-clean-energy-to-its-manufacturing-plants", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
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14/03/2025 - 13:00 UTC +01:00Iberdrola and Air Liquide sign a PPA to decarbonize industrial production in Spain and Portugal Iberdrola and Air Liquide have signed a long-term power purchase agreement (PPA). Renewable energy will be supplied to Air Liquide to support its operations in Spain and Portugal . The agreement is the result of close collaboration between Iberdrola and Air Liquide. It will allow Air Liquide to continue developing innovative and sustainable solutions for the supply of industrial gases and will enable its industrial and medical customers to meet their ambitions to reduce the carbon footprint associated with their final products. Leading the PPA market Iberdrola has extensive experience in PPAs . The company manages long-term power purchase agreements in markets such as Spain, Portugal, Germany, Italy, the United Kingdom, the United States, Brazil, Mexico and Australia, from wind projects – onshore and offshore – and photovoltaic. The company has been offering innovative PPA proposals for more than a decade. For the second consecutive year, Iberdrola has confirmed itself as the leader in the European PPA market , according to the Pexapark Renewables Market Outlook 2025 report, with 1,251 MW contracted (+38% compared to 2023). Iberdrola has announced 15 agreements in Europe, with large companies such as Amazon, with which it has signed wind and photovoltaic PPAs in Spain, Portugal and the United Kingdom for the East Anglia THREE offshore wind farm. Additionally, with Italian companies such as BTicino, Acciaierie Venete, Prima Sole Components and Bayer for a total of about 50 MW. Iberdrola has strengthened alliances with large companies such as Microsoft, Meta, Salzgitter, Mercedes-Benz and Vodafone, confirming the PPA as a key tool for industrial decarbonisation, as it guarantees renewable energy at a long-term fixed and stable price. { "@context": "https://schema.org", "@type": "NewsArticle", "headline": "Iberdrola and Air Liquide sign a PPA to decarbonize industrial production in Spain and Portugal", "description": "Iberdrola and Air Liquide have signed a long-term power purchase agreement (PPA). Renewable energy will be supplied to Air Liquide to support its operations in Spain and Portugal..", "image": "https://www.iberdrola.com/documents/20125/5040508/parque-eolico-terrestre-726x484.jpg", "datePublished": "2025-03-14T17:20:00+01:00", "dateModified": "2025-03-14T17:20:00+01:00", "mainEntityOfPage": "https://www.iberdrola.com/press-room/news/detail/iberdrola-and-air-liquide-sign-a-ppa-to-decarbonize-industrial-production-in-spain-and-portugal", "publisher": { "@type": "Organization", "name": "Iberdrola", "logo": { "@type": "ImageObject", "url": "https://www.iberdrola.com/documents/20125/4419331/Logo1-iberdrola-363x205.jpg" } } } READ MORE
