News
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11/08/2026 - 11:32 UTC +02:00Iberdrola drives social, cultural and digital inclusion projects in the UK The ScottishPower Foundation, ScottishPower's philanthropic entity and a subsidiary of the Iberdrola Group in the UK , will allocate €1.41 million to support social and community projects focused on the arts, climate action and digital inclusion. The funds will be distributed among charities and non-profit organisations that promote initiatives with a positive impact on society. The programme will pay particular attention to projects that encourage cultural participation , climate action and help reduce the digital divide , facilitating access to technology and new training and development opportunities. Through this type of initiative, the Iberdrola Group reinforces its commitment to creating social value, supporting projects that promote equal opportunities , social cohesion and the sustainable, inclusive development of communities. You can read the full story on the ScottishPower Newsroom . READ MORE
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10/08/2026ScottishPower drives modernisation of Scotland’s electricity network with a £110 million investment ScottishPower Energy Networks (SPEN), ScottishPower’s distribution network business and Iberdrola Group’s subsidiary in the UK , announced last July that it had awarded M Group a £110 million contract to modernise more than 70 kilometres of the electricity line between Strathaven (South Lanarkshire) and Smeaton (East Lothian), one of the main electricity corridors between Glasgow and Edinburgh. The project will upgrade the infrastructure of the country’s southern networks, which was originally installed in the 1960s. It will also create 1,000 new jobs directly and tens of thousands more across the supply chain, providing a major boost to the local economy. The initiative is part of ScottishPower’s plan to invest £24 billion in the UK by 2028 and its £12 billion programme to strengthen the electricity transmission network in southern and central Scotland. You can read the full story in ScottishPower’s Newsroom . READ MORE
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07/08/2026 - 13:00 UTC +02:00Neoenergia announces record 3.1 billion reais plan to strengthen the Federal District’s electricity infrastructure Iberdrola is strengthening its commitment to electrification in Brazil and announced this Thursday, through its subsidiary Neoenergia Brasília, the largest investment cycle to date in the Federal District's electricity system. A total of 3.1 billion reais (around €525 million) will be invested in projects to expand, modernise and digitalise the electricity distribution network between 2026 and 2030. The plan aims to improve the quality and reliability of service for customers, drive economic development and prepare the Federal District for growth in the coming years. The company is launching the largest investment cycle in the history of the concession with the commissioning of the Guará 2 substation, which expands network capacity and benefits more than 180,000 people. Five more substations are planned by 2030. You can read the full story in the Neoenergia Newsroom . READ MORE
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07/08/2026Iberdrola strengthens its commitment to business integrity and transparency in Brazil Neoenergia, Iberdrola Group's Brazilian subsidiary , has been awarded the P ro-Ethics Company Seal for the sixth consecutive time in the 2025-2026 edition. The recognition, granted by Brazil's Office of the Comptroller General (Controladoria-Geral da União), honours companies that demonstrate leadership in integrity, transparency and good governance practices. This year, in addition to Neoenergia, NC Energia, the Group's energy retailer in Brazil, has received the distinction for the first time, extending the reach of these best practices across the company's Brazilian energy business. This latest recognition further reinforces Iberdrola's position as an international energy group committed to the highest standards of compliance , integrity and good governance in every country where it operates. You can read the full story in Neoenergia's Press Room . READ MORE
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05/08/2026 - 10:57 UTC +02:00Iberdrola deploys innovative real-time smart grid control technology in the UK Last July, ScottishPower Electricity North West, the distribution business of ScottishPower, Iberdrola Group's subsidiary in the UK , connected a 30 MW utility-scale battery using a real-time active network management system, eliminating the need for additional network reinforcement. The technology, known as Active Network Management (ANM), continuously monitors network conditions and automatically responds when it detects potential constraints by adjusting power flows to ensure safe and reliable operation. Since it was commissioned, the system has been activated more than 400 times, enabling the battery to operate virtually without interruption while utilising 99% of the available energy, resulting in greater efficiency, improved control and lower operational risk. Thanks to this system, the battery was connected three years earlier than planned, generating estimated savings of €3.7 million. The project demonstrates Iberdrola's progress in the digitalisation of its electricity networks through smart solutions that accelerate the connection of new renewable energy and storage assets, optimise existing network capacity and strengthen security of supply. You can read the full story in SP Electricity North West's Newsroom . READ MORE
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03/08/2026 - 17:22 UTC +02:00Ignacio Galán receives the Gold Medal from the Cursos de La Granda Iberdrola Executive Chairman Ignacio Galán today received the Gold Medal from the Cursos de La Granda (La Granda Courses) in recognition of his professional career. The award was presented by Benigno Pendás, President of Cursos de La Granda and of the Royal Academy of Moral and Political Sciences. The distinction is awarded to individuals of outstanding intellectual, institutional or cultural prestige. The presentation took place during the official opening ceremony of the 48th edition of the Cursos de La Granda in Avilés. The event included a tribute delivered by Fernando Becker, and was attended by a number of institutional representatives. Through this recognition, the Royal Academy acknowledged Ignacio Galán's career and his contribution to thought, culture and public debate. Iberdrola's executive chairman is one of the world's leading figures in the energy sector, having been an early champion of electrification through clean energy , smart grids and energy storage to strengthen energy autonomy, security and competitiveness. Since 2001, Ignacio Galán has led the profound transformation of Iberdrola, turning it into Europe's largest electricity company and one of the two largest worldwide by market capitalisation, now valued at more than €140 billion. Today, the company operates in dozens of countries and supplies electricity to 100 million people. Strong ties with Asturias During his speech, Galán highlighted the special significance of receiving the award in Asturias, a region with which he has long-standing personal and professional ties. The Iberdrola executive chairman underlined the principality's historic role as a driver of major transformations in Spain and praised its ability to combine tradition with modernity, entrepreneurship with culture, and a strong identity with an outward-looking point of view. Galán also noted that Iberdrola has witnessed – and played an active role in – the transformation of Asturias, which has evolved from an economy based on coal into a centre of development driven by electrification and clean energy. In just five years, Iberdrola has increased its procurement from Asturian suppliers to €1.6 billion while developing pioneering electrification projects that have helped create jobs, stimulate economic activity and generate new opportunities across the region. During his address, Galán stressed that the world is facing a historic opportunity to drive a new wave of industrialisation based on electrification, strengthening energy autonomy, improving competitiveness and advancing sustainability. In this context, he pointed out that over the past 25 years Iberdrola has invested almost €40 billion in Spain in clean energy, electricity networks and energy storage, and reaffirmed the company's ambition to consolidate its position as the country's leading industrial investor. The Iberdrola executive chairman emphasised that seizing this opportunity will require effective energy planning, a supportive regulatory framework and the investment capacity of leading companies. READ MORE
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03/08/2026 - 14:00 UTC +02:00Avangrid recognised as a leading employer for military personnel and veterans in the United States Avangrid, Iberdrola Group's US subsidiary , was recognised in July as a Military Friendly Employer 2026, an award that highlights organisations committed to recruiting, developing and supporting serving military personnel, veterans and their families. The recognition acknowledges Avangrid's policies and programmes to attract, develop and retain talent from the military community, fostering an inclusive workplace where the skills gained through military service – such as leadership, teamwork and adaptability – help drive growth and create value in the communities where the company operates. The award comes as the United States marks its 250th anniversary and recognises the company's initiatives to support the transition of service members into civilian careers. You can read the full story in the Avangrid Newsroom . READ MORE
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31/07/2026 - 11:29 UTC +02:00Iberdrola plans to double the capacity of Whitelee, the UK's largest onshore wind farm Iberdrola, through its UK subsidiary ScottishPower , has announced a plan to repower Whitelee, the country's largest onshore wind farm , in the coming years. The initiative, which would involve investments of €1.8 billion, involves replacing the current wind turbines with more modern and powerful turbines in the coming years, increasing the complex's capacity from the current 539 megawatts (MW) to 1,000 MW. Once completed, Whitelee would produce enough clean energy to supply more than one and a half million people. The project's positive impact also extends to boosting economic activity and employment, generating €380 million in gross value added for the Scottish economy over the next decade and hundreds of jobs. Whitelee is one of the leading benchmarks for electrification with renewables in Europe. Since it came online in 2008, the wind farm has supplied clean electricity to millions of homes and has become a strategic asset for the British electricity system. Repowering will make it possible to leverage existing infrastructure to extend its useful life and maximise its contribution to the electrification of the economy and decarbonisation. This project is part of Iberdrola's commitment to the UK, one of the Group's main investment destinations. Through ScottishPower, the company plans to invest £28 billion by 2028 to boost electrification, mainly through more electricity grids and renewable energy, contributing to energy independence, industrial competitiveness and job creation. About Iberdrola Having surpassed €140 billion in market capitalisation, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people worldwide and has a workforce of 45,400 employees and assets of €161 billion. In 2025, Iberdrola reported a record net profit of €6.285 billion. The company contributes nearly €10.4 billion in tax contributions in the countries in which it operates and supports more than 500,000 jobs throughout the supply chain, thanks to €13.2 billion in purchases from tens of thousands of suppliers. Since 2001, Iberdrola has invested more than €175 billion in electricity networks, renewable energy and energy storage to help create an energy model based on electrification. The company has around 1.4 million km of electricity networks in the United States (the states of New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasília) and Spain, as well as 57,000 MW of capacity worldwide, of which more than 46,000 MW are renewable. READ MORE
