News
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31/01/2025Bp and Iberdrola España choose Toledo-based Imefy to supply the main transformer for their green hydrogen plant Bp and Iberdrola España have awarded the Toledo-based company Imefy the contract to manufacture and supply the transformer for the largest renewable hydrogen production plant in Spain (25 MW), which will be located at the bp refinery in Castellón. Imefy, headquartered in Los Yébenes, a municipality located in the province of Toledo, will manufacture, supply and supervise the assembly and commissioning of the three-phase power transformer, with 37 megavolt-amperes (MVA) of power and a 66/30 kilovolts (kV) transformation ratio, and will be supplied in the first quarter of 2026. This award demonstrates bp and Iberdrola’s confidence, through the company created for the Castellón Green Hydrogen project, in Spanish companies in the development of the renewable hydrogen value chain, contributing to the integration of the territory and the creation of industrial and innovation opportunities in a growing market, acting as a lever for development. The project is expected to be operational in the second half of 2026 with an investment of more than €70M. In later phases of the project, the green hydrogen produced could also be used in key industries that are difficult to decarbonise in the Valencian Community, such as ceramics, to replace the natural gas used in their processes, in chemical industries and in heavy transport. You can read the full article in the Iberdrola España Communications Room . READ MORE
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30/01/2025Iberdrola leads the European PPA market for the second consecutive year with more than 1,251 MW For the second consecutive year, Iberdrola leads the European power purchase agreement market (PPA) with 1,251 MW in 2024, a 38% increase compared to 2023, according to the Pexapark Renewables Market Outlook 2025 report. The company, Europe's largest utility by market capitalisation, signed 15 agreements in 2024 on the European continent alone. Iberdrola has taken advantage of its renewable potential to provide stable, competitive and long-term prices to the industry. "The utility's geographic footprint expanded across five countries, covering key technologies," says Pexapark. In Spain and Portugal, agreements were announced with Alcampo (Auchan), Burger King, BP, Grespanaria, among others, for about 900 MW. In the United Kingdom, it announced the signing of a PPA with Amazon associated with the East Anglia THREE offshore wind farm, as well as another PPA with Co-op supermarkets, associated with a photovoltaic solar plant for about 170 MW. In Germany, the signing of three PPAs with Telefónica, Saltzgitter and Schwenk Zement amount to more than 100 MW. In Italy, agreements were announced with the supermarket chains Tosano and Bticino, with the industrialists Prima Sole Components and Acciaierie Venete and with the pharmaceutical company Bayer for around 50 MW. Iberdrola also established strategic alliances with a long list of large companies, including Amazon, Apple, Meta, Telefónica, Mercedes Benz, Heineken, Vodafone, Mercadona, TMD, Stahl Holding Saar (SHS), ABInBev, De Acero, VW-SEAT, Renault, Holcim, the Salzgitter Group and Bayer, among others. The PPA is the ideal tool for customers looking to decarbonize, as it ensures renewable energy at a fixed, stable price in the long term. Industry is the great beneficiary of the PPA market, helping decarbonization and, thus, the reduction of emissions. READ MORE
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29/01/2025Ignacio Galán: ‘With our awards we are generating shared enthusiasm that makes many people happy’ Iberdrola held today at its headquarters in Madrid the fifth Iberdrola Supera Awards , with which it seeks to highlight projects and initiatives that represent and promote women's sport and equality through sport. This is a special award ceremony, as it set a record number of entries with more than 1,300 candidates, compared to more than 900 in 2023. In total, since its first edition in 2020, the Iberdrola Supera Awards have received nearly 4,000 nominations. The Executive Chairman of the Iberdrola Group, Ignacio Galán, presented the awards, divided into six categories (Supera Base, Supera Competition, Supera Social, Supera Dissemination, Supera Inclusion and Supera Rural) and endowed with €50,000 each to Club M-Urban, The 3x3 Academy, Fundación Segunda Parte, Visibilitas.com, Aloka Surf and Escola Judo Club. Alexia Putellas, Carolina Marín, Teresa Perales, Susana Rodríguez, Sandra Sánchez, Adiaratou Iglesias, Ona Carbonell, María Pérez and Irene Paredes, Iberdrola Ambassadors , accompanied the president in congratulating the award winners during a gala hosted by the presenter and comedian Ana Morgade and attended by more than 30 Iberdrola España ambassadors, sportswomen who, through their achievements, values and personal hard work, have become community role models. The President of the Spanish Olympic Committee (COE), Alejandro Blanco, the Chairman of the Higher Council of Sports (CSD), José Manuel Rodríguez Uribes, and the President of the Spanish Paralympic Committee (CPE), Alberto Durán Lopez, also attended the event. With the presentation of these awards, Iberdrola wants to contribute to making the projects and growth of all the candidates a reality. The Supera Base Award went to the M-Urban Club's initiative 'Adelante, Patina', which seeks to promote women's youth sports in speed skating. The Supera Competition recognised the efforts of the sports association The 3 x 3 Academy, for creating role models in women's 3 x 3 basketball and promoting the practice of this Olympic discipline, while the Supera Social highlighted the work of the Fundación Segunda Parte for promoting sports programmes aimed at promoting the recovery of women with after-affects linked to stroke. For its part, the Supera Difusión award highlighted the importance of the coverage that the digital newspaper Visibilitas.com gives to women's sports disciplines news, while the Supera Inclusión award recognised the work of the company Aloka Surf to ensure that people, whatever their physical or mental condition, can enjoy surfing. Finally, Supera Rural, created this year to recognise in a singular way activities that promote sport among girls or women in municipalities with less than 5,000 inhabitants, praised the Escola Judo Club project, to create and implement judo schools in those localities in which more problems have been detected in teaching and practising this type of sport. This was the decision of the Jury of Honour, made up of sport and media celebrities: Vicente del Bosque, Sandra Sánchez, Carolina Marín, Teresa Perales, Jesús Carballo, Marta Arce, Ona Carbonell, Eli Pinedo, Alexia Putellas, Susana Rodríguez, Lydia Valentín, Sonsoles Ónega, Susana Griso, Manu Carreño, Paloma del Río, Paco González and Fátima Iglesias. During the Iberdrola Supera Awards ceremony, Ignacio Galán highlighted how proud the company is to collaborate so that various communities can benefit from the hopes and projects of extraordinary people who want to improve the quality of life of their neighbours, with sport as a key to a more upstanding and egalitarian society. ‘This is undoubtedly one of the most beautiful and endearing events that can be held throughout the year. For a company like ours, which does something as simple and at the same time as necessary as generating and distributing electricity, it is very special to see how, with our awards, we are generating shared enthusiasm that makes many people happy. It is also an honour to have the jury that makes up these awards and our ambassadors, who are essential so that all the girls in this country have female role models at the highest level’, she said. Two decades of being a driving force for equality through women's sport For Iberdrola, sport is one of the essential vehicles for equality. Since 2016, it has been the main promoter of sport practiced by women . It currently supports 35 national federations and gives its name to more than 160 competitions. Through its commitment, it has contributed to an increase of more than 80% in the number of members of these federations, to almost 820,000. The encouragement of the electricity company also extends to paralympic sport. Since its creation in 2005, it has worked with the Spanish Paralympic Committee's Paralympic Sports Support Plan with the aim of providing our athletes with the best conditions to carry out their preparation and successfully participate in all competitions. In addition, Iberdrola, through its Foundation and together with the Spanish Paralympic Committee, provides paralympic athletes who are beneficiaries of the Paralympic Sports Support Plan with scholarships for university and postgraduate training. This collaboration agreement aims to facilitate the professional training of athletes with a view to their future integration into the job market once their sporting career is over. The company is works with Universo Mujer , a 360º initiative for the development of women and their personal evolution within society, which was created to develop initiatives that contribute to social improvement and transformation through the values of all women's sport. READ MORE
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28/01/2025 - 19:54 UTC +01:00Iberdrola France and AGRATI advance in decarbonizing industrial production Iberdrola France , Iberdrola's international business company in France, has signed a power purchase agreement (PPA ) with AGRATI Group, which specializes in the production of fastening systems and mechanical components. Starting in 2025, AGRATI will purchase all the electricity generated by the Florembeau wind farm , located in the commune of Créquy, in the Pas-de-Calais region. This wind farm comprises 5 turbines with a total output of 10.25 MW. An annual output of 21 GWh/y will be sold to AGRATI starting in 2025. The annual output of the Florembeau wind farm in Créquy will supply renewable energy to AGRATI's 3 production sites in Fourmies, Vieux Conde (Nord Pas-de-Calais) and Avressieux (Savoie). On these industrial sites, which employs 570 people on a surface area of 84.000 m2 for the manufacture of fastening systems, the AGRATI company consumes 38 GWh of electricity every year. The production of the Florembeau wind farm will cover 53% of the site's energy needs. The low-carbon electricity that will power the sites will reduce the Agrati's current CO2 emissions in France by 33% per year starting in 2025. «This agreement marks an important milestone in Agrati's sustainability journey. By powering our French production sites with renewable energy, we are not only reducing CO2 emissions by 2.200 tons annually but also aligning our operations with our long-term commitment to environmental responsibility. At Agrati, we believe that investing in green energy and innovative solutions is essential to building a resilient and sustainable future for our industry» said Lorenzo Zaniboni, Europe COO of Agrati. Leading the PPA market Iberdrola has extensive experience in PPAs. The company manages long-term energy purchase and sale agreements in markets such as Spain, Portugal, the United Kingdom, Germany, Italy, Poland, the United States, Mexico, Brasil and Australia, from wind – onshore and offshore – and photovoltaic projects. The company has been offering innovative PPA proposals for more than a decade. According to the latest data from the consulting firm Pexapark, in 2023 Iberdrola was the leading European utility in both deals and volume of energy sold via PPAs with industrial customers in Europe: almost 1,000 MW signed. The Iberdrola group has signed strategic collaborations with a long list of international companies, such as Amazon, Apple, Meta, Telefónica, Mercedes Benz, Heineken, Vodafone, Mercadona, TMD,Dillinger, ABInBev, De Acero, VW-SEAT , Renault, Holcim, the Salzgitter Group, Bayer and Burger King, among others. READ MORE
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28/01/2025 - 19:16 UTC +01:00Iberdrola begins its round of meetings with shareholders in Valencia Iberdrola has started today in Valencia a round of different meetings with its minority shareholders in Spain. The electricity company chaired by Ignacio Galán will hold meetings with company executives over the coming months to bring the company closer to investors. The mission of this initiative is to promote a permanent, fluid and close dialogue with shareholders, who are at the center of of the Iberdrola Group's strategy. In addition, the company wants to support the recovery of the province after the cold drop by holding a number of corporate events and meetings. The first meeting, held today at the company's offices in Valencia, dealt with the measures that Iberdrola is implementing in the area affected by the storm of October 29th. To this end, Eva Mancera, CEO of i-DE, the 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 is going to invest €100 M to redesign the electricity grid damaged by the severe weather event. The company has now created a team of 35 people who are dedicated exclusively to the il.lumina project, which is divided into five operational areas under the same management and has seven support areas to coordinate the work of the approximately 1,000 contractors that will be needed, most of whom will be locally based. Later on, the company will hold more meetings with a focus on different business areas, which will be attended by top-level executives. The meetings will be held in person and will be broadcast live on https://www.iberdrola.com/accionistas-inversores . READ MORE
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28/01/2025 - 14:00 UTC +01:00UK energy minister thanks ScottishPower teams for their work during Storm Éowyn The UK Government's Energy Minister, Michael Shanks, visited the facilities of SP Energy Networks, Iberdrola's UK distribution company, in Cambuslang, Scotland, to thank the utility's teams for their work to restore supply to thousands of customers affected by Storm Éowyn. Shanks was able to see first-hand the work being carried out by this coordination centre to rebuild areas of the grid damaged by hurricane force winds some over 100 mph and that cut power for more than 233,000 properties. In the north-west of England and Wales all customers had their power back on Sunday, while in Scotland more than 97% of customers had their power back on Monday. Storm Éowyn brought some of the strongest winds in decades, having a major impact in central and southern Scotland and also affecting north Wales and western England. SPEN teams used helicopters to assess damage and identify issues. SPEN's customer service operators have handled more than 80,000 calls since the storm hit the country on Friday 24 January. This is two months' worth of calls in 48 hours. In addition, they sent 250,000 SMS and voice alerts to customers both before and during the storm. You can read the full story at the ScottishPower Energy Networks Newsroom . READ MORE
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27/01/2025 - 10:36 UTC +01:00Iberdrola reinforces its minority shareholder engagement initiatives with a road show in Spain This week Iberdrola is starting a round of meetings with its minority shareholders in Spain. The electricity company chaired by Ignacio Galán will hold meetings with company executives over the coming months to bring the company closer to investors. The mission of this initiative is to promote a permanent, fluid, and close dialogue with shareholders, who are at the basis of Iberdrola's strategy. The first meeting, to be held tomorrow in Valencia, will focus on the measures that Iberdrola is implementing in that autonomous community to rebuild the electricity grid affected by the severe weather event. Later on, the company will hold more meetings with a focus on different business areas, which will be attended by top-level executives. The meetings will take place in person and will be broadcast live on https://www.iberdrola.com/shareholders-investors . 365 involvement and participation policy These initiatives are part of the shareholder engagement policy approved by the Board of Directors ten years ago and reflected in the By-Laws, with a special focus on small investors. Iberdrola was a pioneer in introducing this strategy in company management, which seeks to involve all of 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 through the website - confidentially or openly with other shareholders - will be answered within 48 hours. Registration with the OLA can be done through the OLA website https://www.iberdrola.com/shareholders-investors/shareholders/shareholders-club. The electricity company also has other means of communication with its investors, such as the free telephone number 900 10 00 19, by post (Oficina del Accionista, c/ Tomás Redondo, n.º 1, 28033 Madrid) or by email (accionistas@iberdrola.com). Shareholders need only provide their full name and ID number. Iberdrola was one of the first listed companies to offer its investors a Shareholders' Club to promote a permanent relationship channel and to reward, with exclusive advantages, all persons who have shown their support and trust in the company's track record so far. Over the years, this initiative has been consolidated as a best practice by the rest of the large companies listed 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 is currently in the midst of the process of remunerating its investors. Iberdrola will pay out a gross interim dividend of €0.231 per share for 2024 on 31 January, 14.4% higher than the €0.202 per share paid out for 2023. The final dividend will be added to this amount, once approved at the General Shareholders' Meeting. The company offers three options in this edition of Iberdrola Flexible Remuneration: to receive in cash the amount of the interim dividend – the €0.231 gross per share –, to sell its free allotment rights on the market or to obtain new bonus shares in the group at no cost. Shareholders who opt for the option to receive new shares must hold 58 free-of-charge allocation rights to receive a new share in the company. 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 €13 and has paid out more than €7.5 in dividends, including the dividend to be paid at the end of this month. A shareholder who held their shares and reinvested the dividend in this period will have a revaluation of around 960%. READ MORE
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23/01/2025"How can Europe be more independent? We have wind, hydro, solar and nuclear energy", says Ignacio Galán at Davos Iberdrola's Executive Chairman, Ignacio Galán , advocated for the need to maintain nuclear energy in Europe during his intervention on a live panel at the annual meeting of the World Economic Forum in Davos . In his opinion, to be energy self-sufficient and independent, the continent must have clean technologies: "We have wind, hydroelectric, solar and nuclear energy", but no gas and little oil. Moreover, renewables are competitive and new installations are cheaper to build than the ones that require fossil fuels. "We have proven, at least with the nuclear power plants that are already in operation, that they are safe, efficient and absolutely necessary to keep the lights on at a time when new demand is growing, like data centres that require stable supply 24 hours a day, seven days a week," he said. During his speech on the panel entitled The Importance of Climate Technology, in the section Industries in the Intelligent Age, the Executive Chairman of Iberdrola said that electrification is the ‘best and fastest way to decarbonise the economy ’. Galán has generally defended a new drive for electrification in the European Union so as not to be left behind not only by the United States, but also by China. He warned that "in Europe we fly the flag for the green economy" but "we are behind some of the countries that we have criticised the most, such as China", which has made notable progress in electrification. READ MORE
