News
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19/11/2025 - 15:06 UTC +01:00Iberdrola presents its Global Supplier of the Year Awards in Bilbao Iberdrola held its Global Supplier of the Year Awards at its corporate headquarters in Bilbao – the Iberdrola Tower –attended by the company's partners in countries including Spain, the United Kingdom, Portugal, Croatia, Korea and the Netherlands. The Awards, which brought together more than 100 collaborating companies, were divided into six categories. The Group awarded its Special Supplier of the Year Award to British company KIRBY, with whom it is working with hand in hand to modernise the country's electricity grid. As part of the Group's vocation to achieve a more efficient and resilient energy system, Amazon Web Services (United States) and Electrotécnica Arteche Hermanos (Spain) were awarded in the categories of Digitalization and New Technologies and Innovation, respectively. Supporting Iberdrola's commitment to industrial development and job creation, NKT Cables Portugal was awarded Best Equipment Manufacturer Supplier, and Grupo de Arquitectura y Obra Civil SL GAROC (Spain), Best Works and Services Supplier. Finally, under the umbrella of promoting competitiveness and sustainability, the company recognized the Austrian company Andritz Hydro in the Involvement category and the Croatian company KONČAR – Distribution and Special Transformers Inc. in the Sustainability category. The awards ceremony was attended by, among other company officials, Pedro Azagra, Global CEO of Iberdrola , and Mario Ruiz-Tagle, CEO of Iberdrola España. Pedro Azagra said:"These awards reflect our commitment to a solid, innovative and sustainable supply chain. We recognize the essential role our suppliers play in advancing electrification. A strategy that Iberdrola has been leading for more than two decades under the presidency of Ignacio Galán, to promote a self-sufficient, secure and competitive energy system, capable of responding to global challenges and generating value in each territory where we operate". Iberdrola's supply chain allows it to confidently plan investments and face its electrification plans with renewable energies , smart grids and storage with guarantees. Transformative plan to boost electrification and create value This September in London, Iberdrola presented a new 2025-2028 transformative plan that includes investments of 58 billioneuros, with nearly two-thirds destined to the United States and the United Kingdom. Of this figure, 37 billion euros will be allocated to the field of electricity networks and 21 billion euros to renewable generation projects and customers. These investments will involve purchases worth 65 billion euros from 20,000 suppliers that support 500,000 jobs in the world. In addition, the company plans to make 15,000 new additions to its workforce in the next four years and make a tax contribution of 40 billion euros to the countries where it operates. READ MORE
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17/11/2025 - 16:13 UTC +01:00Iberdrola opens pioneering training space for energy solutions installers in Spain Iberdrola España, Iberdrola Group’s subsidiary in Spain , has inaugurated the Espacio Instalador (Installer Space) at its San Agustín del Guadalix campus , a state-of-the-art technical centre that supports installer training in three specialised areas: aerothermal energy , electric vehicle charging points and photovoltaic solar energy. For the digital version of the centre, which is already being used by over 260 vocational training centres across Spain, the entire facility and all its equipment have been scanned so that students can complete their training cycles through virtual reality using digital twins . This training will also be available to installer associations throughout Spain. The centre is equipped with cutting-edge technology from leading manufacturers and is designed to evolve continuously, periodically incorporating the most relevant technological advances in the sector. You can read the full news item in the Iberdrola Spain Press Room. READ MORE
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17/11/2025 - 13:09 UTC +01:00Iberdrola and Neoenergia promote a meeting with young climate leaders to boost green jobs During COP30 , Iberdrola and Neoenergia, the Group's subsidiary in Brazil , held the Youth Dialogue on Green Employment Opportunities in Belém (PA). The meeting highlighted how the transition to a green economy opens up new career opportunities for young people and the challenges of taking advantage of them. Seven young people from the PerifaConnection and Observatório das Baixadas projects participated in a direct conversation with company executives about career prospects in this scenario. A study conducted by LinkedIn showed the need to double the number of professionals focused on green jobs by 2050. And Brazil has the potential to fill this gap: data from the Organization for Economic Cooperation and Development (OECD) show that the country ranks fourth in the world in terms of the number of young people between the ages of 18 and 24 who are neither working nor studying. You can read the full story in Neoenergia's Media Room. READ MORE
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14/11/2025 - 10:40 UTC +01:00Neoenergia and the European Investment Bank announce a €300 million green financing agreement to modernise Brazil’s electricity network Neoenergia, Iberdrola Group’s subsidiary in Brazil , and the EIB – the European Investment Bank Group’s development arm – have announced a €300 million green financing agreement to modernise the electricity network of Bahia, the distributor serving more than six million customers across 415 municipalities in the state of Bahia, Brazil. The agreement, which was signed in July 2025 to support the modernisation of the electricity network in Brazil’s fifth-largest state, was announced during the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil. The financing will support the expansion of the electricity network and the construction of new connections, as well as investment in automation equipment, contributing to the modernisation of the distribution network. You can read the full story in Neoenergia’s Communication Room. READ MORE
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14/11/2025 - 09:38 UTC +01:00Iberdrola is the most transparent company in the Ibex 35 for the third consecutive year, according to the Fundación Haz For the third year in a row, Iberdrola has topped the Compliance 2025 transparency and good-governance ranking on compliance practices, as compiled by the Fundación Haz in collaboration with the Spanish Compliance Association (ASCOM). The report analyses the voluntary transparency of Ibex 35 companies in their public disclosure of policies and practices in the area of compliance. The study, titled Transparency and good governance in the compliance practices of Ibex 35 companies, awards Iberdrola 33 out of a possible 34 points – three more than the second-placed company – and highlights in particular its detailed Compliance System Transparency Report [PDF]. The report assesses 17 indicators and classifies companies into three categories according to the level of transparency in their public information: transparent (which is led by Iberdrola), translucent and opaque. READ MORE
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13/11/2025 - 18:50 UTC +01:00Iberdrola will increase its investments in the Basque Country by 50% in the period 2025-28 Iberdrola's Executive Chairman Ignacio Galán held a meeting with Basque President Imanol Pradales at the Lehendakaritza in Vitoria-Gasteiz. During the meeting, Galán outlined the impact of his new strategic plan for the Basque Country. In particular, Iberdrola's new plan includes a 50% increase in investment in the Basque Country, mainly in electricity networks , to reach €1.3 billion, with the aim of integrating new industrial and residential demand and continuing to make the Basque Country a benchmark in digitalisation. Adding purchases from hundreds of local companies, tax contributions, salaries and dividends to its Basque shareholders, the total impact will reach €12 billion by 2028. In addition, the performance of Iberdrola's share price over the last year has increased the value of the savings of the 60,000 Basque shareholders invested in Iberdrola shares by more than €2 billion to over €7 billion. A transformative plan to advance electrification Last September, Iberdrola presented the largest investment plan in its history, €58 billion for the period 2025-2028, focused on regulated businesses in countries with an A rating and stable, predictable and attractive frameworks. These investments, which represent a 30% increase over the 2021-2024 period, will be mainly allocated to the Networks business (€37 billion), followed by Renewables and Customers (€21 billion). Thanks to this plan, Iberdrola will hire more than 15,000 new employees over the next four years. With this plan, the Group will advance the electrification to achieve energy autonomy and security, as well as competitiveness and progress in the territories where it operates. READ MORE
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12/11/2025 - 12:23 UTC +01:00ScottishPower successfully completes repowering of Scotland's first wind farm, 30 years after its initial commissioning ScottishPower Renewables, Iberdrola Group's renewable energy subsidiary in Scotland , spearheaded the wind power revolution in Scotland when the first turbines at its Hagshaw Hill wind farm began turning in 1995. Thirty years later, the farm has been refurbished to generate five times more clean energy with fewer turbines. Repowering is the fastest and most efficient way to increase renewable capacity and achieve Scotland's onshore wind energy targets for 2030. The original 26 turbines have been replaced by 14 more powerful models, generating over 79 MW of clean electricity: five times the previous output with just over half the towers and enough energy to power the equivalent of 57,000 homes. ScottishPower Renewables has worked to find a solution to a common challenge in the industry. Each blade from the original turbines will be recycled by Plaswire to create new building materials, replacing concrete, wood and plastics, demonstrating that renewable energy can be circular from start to finish. You can read the full story in the ScottishPower Media Room. READ MORE
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11/11/2025 - 10:33 UTC +01:00Iberdrola enters networks in Australia with a transmission project between Victoria and New South Wales Iberdrola Australia has been selected as a strategic partner to develop the VNI West (Victoria to New South Wales Interconnector West) transmission project, key infrastructure that will connect the states of Victoria and New South Wales in Australia. With this tender, the company takes another decisive step in its strategy of investing in electricity grids in markets with stable and attractive regulatory frameworks. This project is key to ensuring reliable energy supply in the country and will put downward pressure on electricity prices. VNI West will consist of a 240km, 500 kV double-circuit transmission line and is expected to increase bidirectional transfer capacity by up to 3.5GW, unlocking renewable energy generation in Victoria and New South Wales. The interconnector will strengthen the Australian electricity grid, support Victoria’s energy transition, and generate social and economic benefits for local communities. The choice of Iberdrola Australia for this project responds to a rigorous bidding process in which experience, capacity and commitment to the project's objectives were valued. The company builds on the Group's strong track record, which operates 1.4 million kilometres of lines in the UK, the US, Brazil and Spain, and has more than 57,000 MW of installed capacity worldwide. During the first phase of the project, Iberdrola will work together with VicGrid, the new transmission network planning body in Victoria, to define the critical elements (engineering design, financial and technical planning, and cost estimation). Iberdrola will also contribute to strengthening the relationship with local communities and interest groups, and support essential authorisations in terms of the environment, cultural heritage and regulations. Once this stage is completed, Iberdrola will submit a proposal for the execution of the project (design and construction), as well as for its ownership and operation. The target construction completion date is 2030. The joint work between Iberdrola and VicGrid will lay the foundations for the VNI West line to progress as planned, contributing to the country's decarbonisation and energy security. Iberdrola Australia is one of Australia's leading renewable operators, with more than 2.3 GW of generation capacity in operation or construction and plans to increase it by almost 1GW by 2028 thanks to new renewable and battery storage projects. Our strategy in Australia is to augment the grid, to put downward pressure on electricity prices, and to rapidly grow our renewables business, to ensure Commercial and Industrial customers have reliable and affordable supplies of green energy. READ MORE
