News
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09/04/2026 - 23:23 UTC +02:00Strong shareholder response to Iberdrola’s takeover bid for Neoenergia Following the auction relating to the takeover bid launched on 24 November – a standard procedure for this type of transaction in Brazil – Iberdrola will acquire an additional 14,2 % stake in its subsidiary Neoenergia , bringing its total stake to 98 %. The price offered by Iberdrola was 33.77 Brazilian reais per share, meaning the transaction will involve a payment of 980 million euros, approximately 5.826 million Brazilian reais. The price is equivalent to the price paid last October for the acquisition of the 30.29% stake in PREVI (32.5 reais per share), adjusted for Brazil’s official interest rate (SELIC), and reduced by the special dividend declared by Neoenergia on 31 December 2025. Furthermore, Iberdrola could acquire 100 % of Neoenergia’s share capital before the end of the second quarter of 2026 as a result of the Brazilian company potentially exercising its right of squeeze-out. The offer stands out as one of the largest delisting transactions to date in Brazil, and for achieving one of the highest acceptance rates in the country. The transaction, completed at very attractive multiple valuations, has had a positive impact on Iberdrola’s results from the very first year and reinforces its commitment to Brazil and to growth centred on electricity networks , which account for 90 % of Neoenergia’s business. Neoenergia supplies electricity to around 40 million Brazilians through five distribution companies in the states of Bahia, Rio Grande do Norte, Pernambuco, São Paulo, Mato Grosso do Sul and Brasília, as well as via 18 transmission lines, making it the country’s leading distribution group in terms of customer numbers. Neoenergia, which operates in 18 states and the Federal District, has over 725,000 kilometres of electricity distribution lines and 8,000 kilometres of transmission lines, and has 3,600 MW of renewable generation capacity, mainly hydroelectric. This transaction comes on top of those carried out by Iberdrola so far this year , notably the acquisition of the Ararat wind farm in Australia, the sale of its onshore generation business in France, the sale of small-scale hydroelectric and slurry assets in Spain, the sale of its assets in Hungary, and the addition of 650 MW of solar power to the joint venture with Norges. READ MORE
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08/04/2026 - 10:04 UTC +02:00Iberdrola launches the seventh edition of its Iberdrola Supera Awards Iberdrola España, a subsidiary of the Iberdrola Group in Spain, has launched the seventh edition of the Iberdrola Supera Awards, an initiative that recognises and promotes projects aimed at advancing equality through sport. The main new feature of this edition is the introduction of two additional categories : Supera Salud y Bienestar, focused on initiatives that enhance physical and mental health through sporting activity, and Supera Veteranas, which recognises projects that encourage participation and competition among adult women. These categories join the existing ones, which span grassroots sport, competition, inclusion, social integration, and the promotion and development of women’s sport in rural areas. Projects will be evaluated by leading figures from the worlds of sport and media, and each category will carry a prize of €50,000, bringing the total prize fund to €400,000. The previous edition received 1,300 applications, adding to the more than 5,300 proposals Iberdrola has received since the awards were launched in 2020. Since 2016, Iberdrola España has been the main driving force behind women’s sport. Over the past decade, it has helped increase female participation across the 35 federations it supports by more than 80%, to nearly 820,000 members. You can read the full story in the Iberdrola España Press Room. READ MORE
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08/04/2026 - 10:00 UTC +02:00Iberdrola advances the development of East Anglia THREE with a new operational facility in Lowestoft ScottishPower Renewables, part of the subsidiary of the Iberdrola Group in the UK , has unveiled the initial design for a new operations and maintenance (O&M) base for the East Anglia THREE offshore wind farm, a key strategic project in the UK’s offshore wind sector. The facility, with a planned investment of more than €9 million, will be located at PowerPark in Lowestoft (East Suffolk), further strengthening the Group’s industrial presence in the region. The base will be wholly owned by ScottishPower Renewables, contributing to local job creation and the development of skills linked to the operation of offshore wind farms. The new facility will complement the existing East Anglia ONE base at the Port of Lowestoft, which was inaugurated in 2019 and operates under a 30-year lease. It will support the rollout of East Anglia THREE in the southern North Sea. This project forms part of the Iberdrola Group’s broader commitment to electrification , the advancement of clean energy , and economic development in the communities where it operates. You can read the full news story at the ScottishPower and ScottishPower Renewables Media room . READ MORE
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07/04/2026 - 16:23 UTC +02:00Iberdrola pays tribute to Carolina Marín, an international badminton icon Iberdrola España, a subsidiary of the Iberdrola Group in Spain , together with Huelva City Council and the Andalusian Badminton Federation, paid tribute in Huelva to the career and legacy of badminton champion Carolina Marín, at the first public event following the announcement of her retirement from professional sport. Regarded as one of the leading figures in Spanish sport and a global icon in her discipline, Carolina Marín boasts an outstanding list of achievements: Olympic gold at Rio 2016, three-time world champion and seven-time European champion, amongst other accomplishments. Beyond her titles, her career has been marked by her resilience and her role as an inspiration to new generations. Carolina Marín has been part of the Iberdrola Ambassadors programme since 2016 and sits on the jury of honour for the Iberdrola Supera Awards, initiatives aligned with the company’s commitment to equality in sport as a lever for social transformation. You can read the full story in the Iberdrola España Media room. READ MORE
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06/04/2026 - 13:58 UTC +02:00Iberdrola invests over €13.7 billions in the RIIO-T3 plan to modernise Scotland’s grid ScottishPower Energy Networks, the distribution business of ScottishPower, a subsidiary of the Iberdrola Group in the UK , has launched RIIO-T3, programme worth more than €13,7 billions, aimed at modernising and strengthening the electricity network across central and southern Scotland over the next five years. The investment will fund the construction of 12 new primary substations and the replacement of more than 570 km of power lines, creating 1,400 direct jobs and supporting over 11,000 additional jobs across the supply chain. These upgrades will expand network capacity, enhance Britain’s energy security , reduce congestion costs and support the transition to electrification. You can read the full story in the ScottishPower Energy Networks Media room. READ MORE
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01/04/2026 - 11:31 UTC +02:00Scotland’s utilities announce £46 billion investment in key infrastructure at ScottishPower headquarters ScottishPower’s headquarters in Glasgow hosted the presentation of a joint declaration of intent by Scotland’s utilities to invest £46 billion (over €53.3 billion) in key infrastructure over the next five years. This record investment programme in energy, water and digital infrastructure will deliver wide-ranging benefits to communities, including job creation, strengthening of the business ecosystem, environmental protection, and the promotion of economic and social development. The four companies have reaffirmed their commitment to identifying coordination opportunities and ensuring that the programme delivers the greatest possible benefit to individuals, communities and the wider economy. You can read the full story at the ScottishPower Media room. READ MORE
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01/04/2026 - 10:17 UTC +02:00Iberdrola strengthens its social commitment in the US with over 42,000 hours of volunteering Employees at Avangrid, the subsidiary of the Iberdrola Group in the United States , contributed more than 42,000 hours of volunteering in 2025—significantly exceeding the annual target and increasing tenfold the number of hours recorded since the company began tracking this impact in 2021. This figure reflects the teams’ growing commitment to the communities where the Group operates, as well as its dedication to a purpose-driven energy model. Charitable initiatives led by Avangrid employees took place across 26 states and benefited 431 social organisations, focusing on key areas such as social inclusion , education, health and environmental protection. Highlights of the year included blood donation drives, reforestation of natural areas, food and toy collections, and support for social housing projects. The impact of this volunteering effort was further amplified through the corporate programme Energized for Good, through which the Avangrid Foundation channelled more than $830,000 in additional funding to local community organisations. You can read the full story at the Avangrid Media room. READ MORE
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31/03/2026 - 13:09 UTC +02:00Iberdrola advances battery storage at the Alcochete and Algeruz solar plants in Portugal Iberdrola Portugal, a subsidiary of the Iberdrola Group in Portugal , has begun installing battery energy storage systems (BESS) at the Alcochete I and Algeruz II solar plants, located in the district of Setúbal. The batteries for both projects will provide a combined storage capacity of 180 MWh—100 MWh at Alcochete I and 80 MWh at Algeruz II—and a total output capacity of 45 MW (25 MW and 20 MW, respectively). Together, they will be able to supply electricity for up to four hours to more than 10,000 homes. This initiative strengthens the electricity system’s ability to integrate greater volumes of renewable energy by storing surplus solar generation and delivering it when demand requires. In addition, the project marks further progress in Iberdrola’s storage strategy as a key enabler of electrification , combining short-duration solutions such as batteries with long-duration technologies like pumped-storage hydropower. You can read the full news story at the Iberdrola International Media room. READ MORE
