News
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30/10/2026 - 08:52 UTC +01:00Iberdrola boosts energy efficiency in Brazil, benefiting more than 291,000 customers Neoenergia, a subsidiary of Iberdrola Group in Brazil , continues to make progress with its energy efficiency initiatives to promote more responsible use of electricity and generate savings for consumers. Between 2024 and 2026, its energy efficiency actions have benefited more than 249,000 customers in low-income communities by replacing around 1.15 million light bulbs and more than 2,400 refrigerators with more efficient equipment. The measures, implemented on an ongoing basis through the Energy Efficiency Programme of the Brazilian National Electricity Regulatory Agency (Aneel), have also reached more than 5,300 public and charitable institutions, such as hospitals, schools, nurseries, care homes and health centres. Efficiency improvements also extend to public spaces. Neoenergia has upgraded 83,000 streetlights with LED technology in 119 Brazilian municipalities. These are complemented by initiatives such as Vale Luz, which allows recyclable waste to be exchanged for discounts on electricity bills and which, since 2024, has collected 7,600 tonnes of materials, generating nearly €700,000 in discounts for customers. These actions are complemented by awareness-raising projects on responsible consumption , which have reached approximately 900,000 people since 2024 through classrooms and mobile educational units. You can read the full story in the Neoenergia Newsroom . READ MORE
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28/10/2026 - 08:36 UTC +01:00Neoenergia brings together experts and strategic partners to accelerate innovation in the energy sector Neoenergia, Iberdrola Group’s Brazilian subsidiary , has brought together suppliers, strategic partners, experts and professionals for a new edition of Expo Negócios, an event held as part of the company’s Digital Summit 2026. The event is designed to foster collaboration, share knowledge and promote innovative solutions that contribute to the transformation of the energy sector. The event featured a range of projects developed in collaboration with suppliers and technology partners, highlighting the value of open innovation and joint working in accelerating the digital transformation of the business and successfully addressing the sector’s future challenges. It also provided an opportunity for suppliers to exchange experiences and discuss technological trends with the potential to improve operational efficiency, optimise processes and enhance customer service. Participants also discussed the role of emerging technologies such as artificial intelligence , highlighting the importance of data quality, governance and collaboration between organisations in turning innovation into tangible results. Through initiatives such as this, Neoenergia is strengthening its commitment to innovation, technological development and digitalisation as key drivers of a more efficient, sustainable energy system that is ready to meet future needs. READ MORE
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27/10/2026 - 11:05 UTC +01:00Iberdrola issues $1.6 billion of green bonds in the United States market Iberdrola has decided to re-enter the U.S. debt market with a $1.6 billion green bond issue. The operation, Iberdrola's first direct operation in the United States since 2009, opens a new financing channel for the company in a market in which its American subsidiaries have been active. The issuance, aimed at institutional investors inside and outside the United States, has involved 116 mostly American investors – including many of the country's main financial institutions – with demand of more than $5 billion, more than three times the final amount. Its green nature has contributed to increasing demand, both inside and outside the United States. This operation allows Iberdrola to expand and diversify its sources of financing and contributes to progressively improving its financial costs both in the US market and in the Euromarket. The issuance is structured in two tranches of $800 million each. The first matures on November 4, 2029, with an annual fixed coupon of 5.40%, while the second matures on November 4, 2033, with an annual fixed coupon of 5.85%. In relative terms, the final cost has been comparable to what Iberdrola could have obtained in the Euromarket, which reflects the good timing chosen to execute the transaction. The funds obtained from the issuance will be used to finance or refinance electricity network assets, mainly transmission and renewable facilities in the United States, a country in which Iberdrola expects annual investments of $5 billion in the coming years. READ MORE
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26/10/2026 - 15:30 UTC +01:00Iberdrola España and MediaMarkt sign a PPA covering 100% of its stores in Spain MediaMarkt and Iberdrola España, the Iberdrola Group's subsidiary in Spain, have taken another step forward in electrification by signing an agreement to supply renewable energy to 100% of its stores across Spain from 2028 to 2030. The agreement covers the supply of more than 160 GWh of energy with guarantees of origin (GOs). The agreement enables MediaMarkt to secure long-term renewable energy at a competitive price, in line with its strategy to promote stability and greater visibility over future energy costs. It also allows the company to make progress towards its sustainability and electrification goals. Iberdrola offers businesses long-term energy solutions that provide greater stability and predictability in energy prices. These include PPAs, a market in which the company has maintained its leading position in Europe for the third consecutive year, according to the Pexapark Renewables Market Outlook 2026 report. You can read the full story in the Iberdrola España Newsroom. READ MORE
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26/10/2026 - 10:00 UTC +01:00Avangrid expands its National Training Centre in Oregon to strengthen technician training Avangrid, the Iberdrola Group’s subsidiary in the United States , has begun expanding and modernising its National Training Center (NTC), located in Sherman County, Oregon. The project will strengthen technical and safety training for its employees throughout the year and help prepare the skilled workforce needed to support the growth of it generation facilities and respond to rising electricity demand. The project includes expanding the facilities by approximately 232m² and enclosing a 30-foot fall-protection tower, allowing it to be used regardless of weather conditions. The centre provides hands-on training in the maintenance and troubleshooting of equipment associated with wind farms, solar plants and high-voltage installations. It also uses virtual and mixed-reality tools to simulate different operational scenarios. The centre began operating in 2024, and since then around 350 new and existing Avangrid technicians have taken part in its training programmes. Read the full story in the Avangrid Newsroom . READ MORE
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23/10/2026 - 14:49 UTC +02:00Ignacio Galán attends the audience ahead of the Princess of Asturias Awards Iberdrola’s Executive Chairman , Ignacio Galán, attended the audience hosted by Their Majesties the King and Queen of Spain for the presidents of the juries of the Princess of Asturias Awards, members of the boards of trustees of the Princess of Asturias Foundation and emeritus trustees. Her Royal Highness the Princess of Asturias, Leonor, and Infanta Sofía also attended the event, which took place ahead of the Princess of Asturias Awards ceremony. READ MORE
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22/10/2026 - 18:51 UTC +02:00Neoenergia and EIB sign BRL 857 million green loan, guaranteed by Cesce, to modernise electricity grids in Brazil Neoenergia , a company of the Spanish Iberdrola Group, and the European Investment Bank (EIB), through EIB Global, have signed an R$857 million financing agreement to expand and modernise the electricity distribution grid operated by Neoenergia Elektro in the states of São Paulo and Mato Grosso do Sul. The EIB loan is guaranteed by Cesce, the Spanish export credit agency. The programme will finance the refurbishment and modernisation of distribution lines, substations , control and protection systems, grid automation and measures to reduce technical losses. The investments will enhance the grid’s reliability and resilience, expand and modernise its capacity and facilitate the connection of new users, including low-income households and renewable energy generators. “We are celebrating a significant step forward in our record investment plan for Neoenergia Elektro by accelerating the modernisation and improvement of the distribution grid. As the electrification of the economy requires modern, digital and resilient electricity grids, this financing reinforces Neoenergia’s commitment to preparing the grid for new energy demands while keeping customers at the heart of our operations. Our priority is to provide an increasingly reliable, efficient and high-quality service,” said Eduardo Capelastegui, CEO of Neoenergia. “Modern and resilient electricity grids are essential for the green transition and for ensuring reliable access to energy. This financing will help improve the quality of electricity supply for communities and businesses in São Paulo and Mato Grosso do Sul, while enabling the connection of renewable energy sources and supporting Brazil’s long-term climate goals. The operation also reflects the European Union’s commitment, through Global Gateway, to sustainable infrastructure and stronger partnerships in Latin America,” said EIB Vice-President Ioannis Tsakiris. “Cesce is proud to support Neoenergia’s investment projects in Brazil, which demonstrate the leadership of our companies. This project shows how long-term partnerships with institutions such as the European Investment Bank can channel sustainable investment into projects that benefit local communities, strengthen economic growth and promote renewable energy for the future,” said Pablo de Ramón-Laca, CEO of Cesce. “This investment is a strong example of how the European Union’s Global Gateway strategy is turning our shared climate ambitions with Brazil into concrete action. By modernising electricity grids in São Paulo and Mato Grosso do Sul, the project will support a more reliable, resilient and inclusive energy system, facilitate the integration of renewable energy and deliver tangible benefits for people and businesses,” concluded Francisco André, European Union Ambassador to Brazil. Benefits for Neoenergia Elektro’s concession area Neoenergia Elektro serves more than 3 million customers across 223 municipalities in São Paulo and five municipalities in Mato Grosso do Sul. The company’s grid investments aim to improve service quality, expand automation and make electricity distribution more efficient and resilient to extreme weather events. The operation will contribute to Brazil’s Ten-Year Energy Expansion Plan, which prioritises energy efficiency, grid modernisation and the integration of renewable energy. By increasing grid flexibility and reducing losses, the programme will help accommodate greater renewable energy generation and support a more reliable, efficient and inclusive electricity system. The project is fully dedicated to climate action and supports the European Union’s Global Gateway Investment Agenda for Latin America and the Caribbean. The initiative will promote infrastructure aligned with climate goals, contribute to sustainable and inclusive growth and strengthen the strategic partnership between the European Union and Brazil. The EIB financing provides stable, long-term funding for capital-intensive grid investments. It will help Neoenergia Elektro implement a broader modernisation programme, reduce refinancing risk and mobilise complementary funding from commercial banks and capital markets. The investment programme is expected to increase women’s participation in the energy sector, including in technical roles, professional training and leadership positions. Second financing agreement between the parties This is not the first financing agreement between the EIB and Neoenergia. In November 2025, during COP30, the parties signed a R$1.7 billion green financing agreement to modernise Bahia’s electricity grid. Neoenergia Coelba, the state’s electricity distributor, serves more than 6 million customers across 415 municipalities in Bahia. The financing also supported the expansion of the electricity grid, the construction of new connections and investments in automation equipment. Granted on competitive commercial terms, the financing underwent a rigorous technical and environmental assessment process. The operation represented a strategic opportunity available only to a select group of Brazilian companies that meet the highest international standards. READ MORE
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22/10/2026 - 16:00 UTC +02:00Iberdrola hosts leading figures from the legal, business and institutional areas at the first edition of its Legal Forum Iberdrola has held the first edition of the Iberdrola Legal Forum, a space for dialogue and reflection on the role of law in the major challenges posed by the transformation of Europe’s energy model through electrification. Under the theme “Electrification, sovereignty and legal certainty: an opportunity for transformation for Europe”, the event was opened by the Group’s Executive Chairman , Ignacio Galán, who highlighted the advantages of electrification in strengthening Europe’s energy autonomy and competitiveness, as well as the need to boost investment in electricity networks to make this transformation possible. The forum began by analysing how large companies are tackling an energy landscape in transformation, at a time when electrification is increasingly important for the competitiveness of countries and for investment decisions. Strengthening the European Union’s energy sovereignty was the focus of another of the forum’s panels, which underlined that reinforcing this autonomy means accelerating electrification by making use of local resources to reduce external dependence and protect citizens and industry from episodes of price volatility. Electricity networks were also at the centre of one of the main debates of the event, as a key element in driving electrification. In this area, speakers pointed to the need to establish appropriate and predictable incentives, speed up permitting and improve the planning and coordination of new infrastructure. Energy taxation completed the forum’s programme, and it was noted that this is one of the areas in which there must be greater consistency between European policies and their application by member states. In addition, speakers advocated a tax system that provides the right economic signals and removes barriers to electrification. READ MORE
