News
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04/02/2025 - 16:34 UTC +01:00Avangrid guarantees supply to more than 1 M homes and businesses during the latest cold snap in the US Avangrid, Iberdrola's US company , provides electricity from its energy assets located throughout the country, even during the coldest winter months. Avangrid provided power and heat during the historically cold temperatures that affected much of the central part of the country last week. The company has more than 30 power facilities located between the Rockies and the Appalachian Mountains, with a combined installed capacity of more than 4.5 gigawatts (GW), which have provided power to families and businesses that rely on it every day. Together, these facilities are capable of producing enough energy to power the equivalent of approximately 1 M homes. In addition to being there when they are needed most, these facilities are important economic drivers in the communities, paying rent on land and providing critical tax revenues to strengthen a variety of public services, including schools. You can read the full story in the Avangrid Newsroom . READ MORE
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03/02/2025 - 17:11 UTC +01:00Ignacio Galán holds a meeting with the President of the Valencian Government The Executive Chairman of Iberdrola, Ignacio Galán , held a meeting with the president of the Valencian Government, Carlos Mazón, to analyse the work being done to refit the areas affected by the cold drop. During the meeting, Mazón and Galán discussed the il-lumina project, through which the company is going to invest €100 M in the region to redesign the electricity distribution grid and make it more resilient and robust. The president has valued the business’ investment "in our region to speed up the economic and social development of Valencia in such a fundamental issue like power and contribute to rebuilding the areas affected by the floods". Mazón thanked the Iberdrola employees for the work carried out after the floods to help residents get back to normal. The company mobilised more than 500 workers from different parts of the country to restore service to the approximately 180,000 customers affected, managing to restore it to 100% in just 72 hours. Ignacio Galán conveyed "Iberdrola's firm commitment to this region and to the well-being of its residents", a land the company has had a close relationship to since its founding almost 125 years ago and where its management committee met today. The impact of the company's activity in the Valencia Region amounted to €875 M in 2023 and its fiscal contribution was more than €320 M. Iberdrola invested more than €265 M and purchased €185 M from 422 local suppliers. This meeting is part of the round of meetings that the president is holding with companies and financial institutions to analyse repairs in the municipalities affected by the floods. READ MORE
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03/02/2025Iberdrola and Amazon further expand their global renewable energy partnership and harness the AWS cloud to scale Iberdrola’s business Madrid/Lisbon, 03 February 2025: Amazon and Iberdrola, one of the world’s largest clean energy companies, have added an additional 476 megawatts (MW) of renewable energy PPAs (power purchase agreements) to their global renewable energy partnership, expanding its presence into five countries. The new power purchase agreements include Amazon’s first PPA in Portugal for 219 MW from the Tâmega Wind Complex, the largest wind farm in Portugal, scheduled to begin construction in early 2025. The partnership also expanded into Spain, with two utility scale PPAs agreed for a total 257 MW of solar and wind energy. The three projects are equivalent to 1,093 GWh of carbon- free electricity per year, enough to power the equivalent of around 300,000 homes per year. Iberdrola and Amazon have extended their strategic partnership, originally signed in 2022 for renewable energy PPAs and cloud services, with the new agreement enabling both parties to collaborate on additional projects in existing and new markets. In total, Amazon has now contracted more than 66,000 GWh of renewable energy from Iberdrola worldwide over the lifetime of all signed PPA agreements. In August 2024, Iberdrola selected AWS as its preferred cloud provider for generative artificial intelligence (AI) workloads, as part of their global collaboration. Utilising AWS’s AI capabilities, Iberdrola’s distribution business is now innovating to improve the grid connection process for new points of supply. Iberdrola’s Renewables business is optimizing its windfarm design process by leveraging the compute power of the AWS Cloud to simulate wake effects and further improve the layout of wind turbines. Iberdrola is also using Amazon Web Services’ (AWS) High Performance Computing (HPC) to improve weather forecasting simulations performance across its 400 windfarms globally. Other innovative initiatives planned for 2025 include building a Virtual Desktop as a Service platform on AWS, with services like Amazon WorkSpaces, and deploying an AWS Landing Zone to support the migration of critical workloads to the AWS Region in Spain. In detail, the new PPA agreements include: * 219 MW has been contracted by Amazon at the Tâmega Wind Complex. It is the largest green hybridisation project in the country, designed to make efficient use of the grid connection point already built at the Tâmega hydroelectric complex. With a total investment by Iberdrola of around €350 million, the 274 MW project will power the equivalent consumption of 128,000 households per year and create over 700 jobs at the peak of construction. * Amazon will purchase 212 MW capacity at the Ciudad Rodrigo solar PV plant in Salamanca, in Western Spain. In total, the project will produce clean energy to supply the equivalent of 150,000 homes per year. With an investment of close to €200 million by Iberdrola, more than 800 jobs will be supported during peak construction periods. As part of the project, Iberdrola has made a commitment to Ciudad Rodrigo municipality to support restoration of the Plaza Amayuelas town square to make it once again a space for the whole community to enjoy. * Additionally, the output from 45 MW from the Valdemoro wind farm located in the province of Burgos, will be purchased. With an installed capacity of 49.5 MW, capable of supplying the equivalent of 48,000 households, the project is made up of eleven wind turbines, with a height of 107.5 metres and a rotor diameter of 145 metres. During peak construction the project will support 145 jobs, around 40% will be drawn from local contractors. The commitment to securing renewable energy PPAs helps Amazon match the electricity consumed by its operations with 100% renewable energy, as part of its goal reach net-zero carbon emissions across its operations by 2040. With more than 600 solar and wind projects globally, Amazon is the world's (and Spain's) largest corporate purchaser of renewable energy according to Bloomberg NEF for the fifth year running. Iberdrola has been announced as the top seller of PPAs in Europe for a second consecutive year, according to the Pexapark Renewables Market Outlook 2025 report. Aitor Moso Raigoso, Executive Vice President Customer Business at Iberdrola, said: “With Amazon we have a partnership that truly matches our own commitment to develop sustainable energy and drive the energy transition forward around the world. With Iberdrola’s extensive global portfolio of renewables, we are continually seeking to expand such partnerships, to accelerate decarbonisation and support businesses in reaching their climate goals. Additionally, the AI technology that AWS is helping to integrate into our business is already delivering tangible results in terms of enabling our renewable energy assets to be even more efficient and helping the smart grid networks that we operate to be even more flexible and reliable.” Lindsay McQuade, Director of Energy for EMEA at Amazon, said: “Amazon is committed to driving the carbon-free energy transition forward, both to advance our Climate Pledge goals, and support Europe's transition to more sustainable energy sources. We are excited to further support Iberdrola in its growth plans, leveraging the scalability and services of AWS in data and AI. We are working with Iberdrola to provide a modern virtual desktop platform for their employees and drive innovation across business lines to accelerate innovation and delivery, and achieve our goals faster.” Previous green energy PPAs signed by Amazon and Iberdrola include: U.S. * Desert Wind - 208 MW * Midland Wind - 100 MW * Leaning Juniper Wind Repowering - 90 MW * Osagrove Flats Wind - 150 MW Germany * Baltic Eagle Offshore - 190 MW * Windanker Offshore - 130 MW UK * East Anglia THREE offshore - 159 MW * Beinn an Tuirc 3 - 50 MW READ MORE
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01/02/2025 - 09:01 UTC +01:00Iberdrola France inaugurates the operation and maintenance base for the Saint-Brieuc offshore wind farm Iberdrola France , Iberdrola's international business company in France inaugurated the operation and maintenance (M&O) centre in Saint-Brieuc, where 80 people will work. The offshore wind farm is part of the strategic challenges of energy independence, decarbonisation and industrial renewal in France. The centre in Binic-Établesm controls and manages the electricity production and maintenance of the farm 24 hours a day, 365 days a year, playing a crucial role in its performance to ensure continuous and reliable production of renewable energy. Initially, part of the activity will be carried out in coordination with teams from the Goëlo Enabler service vessel (SOV) based out of the port of Saint-Malo. In a second phase, they will be transferred to the port of Armor in Saint-Quay-Portrieux. After consultation with the users and local stakeholders involved, the port of Saint-Quay-Portrieux will accommodate the vessels responsible for daily maintenance. To do so, the port development works will be financed by Iberdrola for the benefit of the department of Côtes-d'Armor, owner of the port and responsible for the project’s implementation. With its 62 wind turbines installed over 75 km², the Saint-Brieuc offshore wind farm , with a total capacity of 496 MW, produces about 1,820 GWh/year, or around 9% of Brittany's electricity consumption, the equivalent of 835,000 people. An eco-responsible and efficient building The operation and maintenance base is distinguished by its state-of-the-art green facilities. The operational centre’s car park is equipped with a 113.1 kWp solar screen (260 solar panels) producing about 110 MWh/year. The energy produced is used to power the building and its nine electric vehicle charging stations, while surplus electricity is fed into the public grid. READ MORE
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31/01/2025Iberdrola breaks distributed energy record from demand recovery and electrification Iberdrola continues to advance in its commitment to electrification as the only way to reduce energy dependence and improve the economy’s competitiveness. Europe's leading electricity company in terms of market capitalisation breaks its record for distributed electricity - the energy that the company transmits over its grids - in 2024 with 238,164 GWh, 1.9% more than in 2023, as reported to the Spanish National Securities Market Commission. The electricity distribution business ’ solid performance is due to the recovery of electricity demand in all areas where the company operates electricity grids in Spain, the United Kingdom, the United States and Brazil and to electrification. The increase in electricity demand also boosted Iberdrola's renewable production, which also reached a record high of 83,300 GWh, 5% more than the previous year. The company's total production stood at 132,499 GWh (-21.4%), taking into account that the sale of 8,500 MW of combined cycle plants in Mexico was completed in the first quarter of 2024. In addition to the two previous milestones, the company's renewable capacity will also end 2024 at a historic 44,478 MW, after adding 2,440 MW of new capacity in the last 12 months. This triple record obtained by Iberdrola in electricity distribution, renewable generation and installed green capacity is due to its investments, which accelerate the deployment of electricity grids and renewable energies, especially manageable technologies such as pumped storage . Commitment to electrification Given the company's commitment to renewable energies , the Group generates 100% emission-free energy in countries such as the United Kingdom, Brazil, France, Italy, Germany, Poland, Portugal and Greece. Emissions-free production is at 90% in Spain. This positive performance of the energy balance is part of the company's roadmap, which plans to continue promoting electrification as the only way to achieve energy autonomy and, consequently, greater energy and economic efficiency for all consumers. For more than two decades, Iberdrola has taken the initiative to transform the energy sector with investments that have already exceeded €160 B in that period. And the aim is to continue to contribute to this end in the future, with investments that will reach €46 B - the €41 B announced in the strategic plan plus the €5 B from ENW - and could reach €100 B in the coming years. In the second half of September, the company plans to update its Strategic Plan 2024-2026. READ MORE
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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
