News
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19/03/2026 - 17:06 UTC +01:00Ignacio Galán attends the conferral of an honorary doctorate on the President of Italy, Sergio Mattarella Ignacio Galán attended the ceremony at which the President of the Italian Republic, Sergio Mattarella, was awarded an honorary doctorate by the University of Salamanca, in a ceremony presided over by His Majesty the King of Spain. The award of an honorary doctorate is the highest academic distinction conferred by the University of Salamanca, of which Galán is president of the Social Council. This recognition reflects Sergio Mattarella’s political and academic career, as well as his defence of humanism, culture and European values as the pillars of democratic coexistence and the common European project. READ MORE
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19/03/2026 - 15:01 UTC +01:00Iberdrola reaches 11,000 MW of generation capacity in the United States Iberdrola has reached 11,000 megawatts (MW) of installed capacity in the United States , where it operates nearly 100 generation facilities across 25 states through its subsidiary Avangrid. This milestone underscores the Group’s continued commitment to investing in the country, strengthening a secure, locally sourced and sustainable power supply to meet growing demand, and contributing to the development of the communities in which it operates. Iberdrola’s generation capacity in the United States now exceeds the total installed capacity of nine of the 27 European Union Member States and is sufficient to meet the annual electricity demand of more than seven million Americans. In recent months alone, Iberdrola has commissioned five new facilities with a combined capacity of 850 MW: the 321 MW True North solar project in Texas; the 57 MW Camino Solar project in California; the Daybreak Solar and Bakeoven Solar projects in Oregon, with a combined capacity of 269 MW; and the 202 MW Powell Creek project in Ohio. The commissioning of new facilities is particularly significant in the context of rapidly growing electricity demand, especially from households, industry and data centres . In this regard, Iberdrola has a strong project pipeline to continue expanding its generation capacity and advancing a secure, self-sufficient, competitive and sustainable energy model in the United States. Alongside the United Kingdom, the United States is Iberdrola’s main investment destination. The Group plans to invest €16 billion in the country between 2025 and 2028, of which €12 billion will be allocated to transmission and distribution network infrastructure and €4 billion to new generation capacity. Through its subsidiary Avangrid, Iberdrola is one of the leading energy companies in the United States, with operations in 25 states and an asset base exceeding €50 billion. The company supplies energy to nearly eight million people, employs around 8,500 professionals, and supports approximately 70,000 jobs through its supply chain. READ MORE
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18/03/2026Rachel Reeves, the British Chancellor of the Exchequer, meets with Ignacio Galán at Iberdrola’s headquarters in Madrid The UK Chancellor of the Exchequer, Rachel Reeves, has met with Iberdrola’s Executive Chairman , Ignacio Galán, at the company’s offices in Madrid. The visit demonstrates the strength of the relationship between Iberdrola and the UK Government. This country has established its position as the company's main investment destination. The Group plans to invest €20 billion in the UK by 2028 as part of its strategic plan. Most of this investment will be dedicated to the development and modernisation of electrical networks , a key area for supporting the electrification of the economy, strengthening energy security and boosting competitiveness. Following the approval of the new tariff framework for electricity transmission, the company will quadruple the amount allocated to this business. READ MORE
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18/03/2026 - 12:23 UTC +01:00Iberdrola, selected among the most ethical companies in the world For the thirteenth consecutive year, Iberdrola is positioned as one of the most ethical companies in the world, according to the World's Most Ethical Companies 2026 ranking, prepared by the Ethisphere Institute, an international benchmark in standards of good business practices and compliance. In addition, it is the only Spanish energy company and one of the five companies in the world in the Energy and Utilities category included in the ranking. This recognition also extends to its US subsidiary, Avangrid, which appears for the eighth consecutive year in this index. The 2026 edition of the ranking distinguishes 138 companies spanning 17 countries and 40 industries, selected after a rigorous evaluation process. With this milestone, Iberdrola and Avangrid consolidate a sustained track record of leadership in corporate ethics and good governance within the energy sector. Iberdrola has been part of the list since 2014 and Avangrid since 2019, reflecting the Group's continued commitment to the highest principles of integrity and responsible management. Since 2007, the Ethisphere Institute has recognized organizations that drive a positive evolution of the global business fabric, addressing the impact of their activity on employees, customers and other stakeholders, and promoting a culture of integrity and values by integrating ethics into both daily decision-making and long-term strategy. The evaluation process is based on Ethisphere's Ethics Quotient® and analyzes more than 240 indicators related to corporate governance, leadership and reputation, compliance systems, ethical culture, risk management, social and environmental impact, and third-party relations. This analysis is completed by a qualitative review by an international panel of experts. In addition to the current recognition, Iberdrola has other relevant distinctions in the field of compliance, such as the Compliance Leader Verification certification from the Ethisphere Institute, which recognises an internal culture and leadership aimed at promoting ethical values in the development of its businesses; the first position for the third consecutive year in the IBEX 35 Compliance 2025 transparency ranking, prepared by the Haz Foundation, and the award for Ibex 35 Company with best practices in Compliance at the Compliance Awards of the financial newspaper Expansión. Iberdrola's Governance and Sustainability System is based on a commitment to ethical principles, transparency and leadership in the application of international best practices, and is articulated through a solid Compliance System designed to ensure compliance with applicable legislation and prevent irregular conduct of any nature. READ MORE
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18/03/2026 - 09:58 UTC +01:00ScottishPower’s Greater Manchester grid upgrade project is progressing well ScottishPower Electricity North West, the distribution arm of ScottishPower and part of the Iberdrola Group in the UK, is making strong progress on its project to upgrade the electricity network in Salford, backed by an investment of more than €27 million. As part of the project, ScottishPower Electricity North West has installed three 132,000 volt, 75-tonne transformers to help transfer power across Greater Manchester. In addition, work is underway to replace ageing underground cables with modern infrastructure. This programme of works will ensure that the growing demand for electricity can be met as more people adopt technologies that rely on the power grid , such as electric vehicles and heat pumps. You can read the full story at the ScottishPower Electricity North West Media room . READ MORE
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17/03/2026 - 18:00 UTC +01:00Iberdrola calls its General Shareholders' Meeting for 29 May At its meeting today, Iberdrola's Board of Directors agreed to call the company's 2026 General Shareholders' Meeting for 29 May. The company will submit to its shareholders for approval the results for the 2025 financial year , a period marked by record profits (€6.285 million) and investments (€14.460 million). Iberdrola arrives at this Annual General Meeting, marking its 125th anniversary, with a market capitalisation at an all-time high of nearly €135.000 million, consolidating its position as Europe’s leading electricity company and one of the two largest in the world. Thanks to this excellent performance, the Board of Directors will propose to the General Meeting a supplementary dividend of €0.427 per share, in addition to the €0.253 per share paid on 2 February as an interim dividend. This means that €4.500 million will be allocated to dividends for the 2025 financial year. In addition, the Board of Directors has proposed distributing an engagement dividend of €0.005 per share to all its shareholders, if a quorum of at least 70% is reached. In this way, the company reaffirms its desire to encourage the participation of its hundreds of thousands of shareholders and their involvement in the company's decisions, both at the General Meeting and throughout the year. The agenda for the upcoming Meeting includes a total of 23 proposed resolutions, among which are the re-elections of María Ángeles Alcalá Díaz, Isabel Garcia Tejerina and Anthony L. Gardner as independent directors and the ratification and re-election of Pedro Azagra, the Group's Chief Executive Officer, and Marina Freitas Grossi, and Marina Freitas Grossi from Brazil, who joins as an independent director to replace Regina Helena Jorge Nunes, who is stepping down of her own accord to take on new responsibilities. Marina Freitas Grossi chairs the Brazilian Business Council for Sustainable Development and has been appointed by the Brazilian Government as the COP30 Special Envoy for the business sector. She has also served as an advisor to the Brazilian Ministry of Science and Technology, where she headed the global change research division, and as a director of Neoenergia. Her appointment confirms the international profile and reinforces the diversity of experience within Iberdrola’s Board of Directors, in line with Iberdrola’s corporate governance mechanisms and policies. The approval of the annual accounts, the management report, the non-financial information statement for 2025 and the actions linked to the ‘Iberdrola Retribución Flexible’ programme are also proposed. Strong commitment to shareholder engagement The Meeting will be held with physical and remote attendance, with extensive facilities for remote shareholder participation via the corporate website, the shareholder telephone line, instant messaging and postal voting, reinforcing the open, accessible and sustainable Meeting model that the Group has been developing for years. In addition, the Company will promote the ongoing involvement of shareholders through various conferences and face-to-face meetings and remains active through its other information and engagement channels: OLA Shareholder's Club , Shareholder Office, Investor Relations Office and the Virtual Shareholder Assistant. READ MORE
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16/03/2026His Majesty the King presents the Iberdrola Scholarships, which promote talent and employability His Majesty the King presided this morning over the ceremony for the 2025–2026 Iberdrola Scholarships , accompanied by Iberdrola’s Chairman , Ignacio Galán, and the Spanish Minister for Digital Transformation and the Civil Service, Óscar López Águeda. The grants aim to promote excellence in education, professional development and improved employability. The initiative forms part of Iberdrola’s people management policies, which have been recognised with the Top Employer Enterprise certification for the second consecutive year. The company has also repeatedly been ranked as the organisation in the sector with the greatest ability to attract and retain talent in Spain, according to the Merco Talento study. In addition, Iberdrola has been awarded the Great Place to Work (GPTW) certification in Brazil, recognising it as one of the best companies to work for in the country. “Through our scholarships, we promote training and employment for professionals in a key sector that is experiencing the greatest cycle of investment and growth in its history thanks to electrification. Through this programme, hundreds of people have already received training in network technologies, energy generation and storage, as well as in emerging fields such as artificial intelligence,” explained Ignacio Galán. The chairman also highlighted that the awarding of the scholarships takes place in a particularly significant year for the company. “We are celebrating 125 years of commitment to people, working alongside leading academic institutions — from which we recruited 4,500 professionals last year — with supplier companies that generate half a million jobs worldwide linked to our activity, 125,000 of them in Spain, and with foundations and NGOs with which we carry out extensive social initiatives, while also promoting values such as equality through sport. “In a complex world, it is more important than ever for committed companies such as Iberdrola to continue investing in talent and in a better future for everyone.” Iberdrola Scholarships, a demonstration of the Group’s commitment to society The awarding of these scholarships is another example of Iberdrola’s commitment to progress and its firm determination to continue creating opportunities for growth. By 2028, the Group plans to recruit 15,000 professionals, allocate €65 billion to purchases from suppliers, and generate €40 billion in tax contributions. The event also included a round-table discussion on the importance of talent in driving economic growth and social development, featuring Jim McDonald, Rector and Vice-Chancellor Emeritus of the University of Strathclyde; Javier Ormazabal, Chairman of Ormazabal and Grupo Velatia; Begoña Arana, Founder and Managing Director of Betania; and Sandra Sánchez, Olympic, World and European karate champion. The ceremony took place at Iberdrola’s Innovation and Training Campus in Madrid, a facility dedicated to preparing professionals to meet the demands of a constantly evolving society and, in particular, the challenges of a strategic sector such as energy. Approximately 13,000 people pass through its classrooms each year. A programme to attract the sector’s future leaders The Iberdrola Scholarships have become one of the main channels for attracting talent to the company, offering internships and career opportunities in the various countries where the Group operates. Iberdrola awards scholarships and training opportunities in several areas: * Iberdrola International Master’s Scholarships, aimed at specialisation in strategic disciplines for the energy sector at universities in Spain and the United Kingdom, including the Universidad Pontificia Comillas, the Universidad Politécnica de Madrid, the University of Salamanca, the University of Strathclyde, Imperial College London, the University of Rochester and the University of Connecticut. * Smart Grids Master’s Internship Scholarships, designed to train experts in smart grids by combining academic study with a subsequent placement in Spain. * ICAI Scholarships, supporting high-potential university students in disciplines related to the energy sector. * Graduate Programme, designed to recruit recent graduates – or professionals with up to two years’ experience – with technical profiles through a two-year development programme that includes international experience in Spain, the United Kingdom and the United States. * University, Technical and Project Management Apprenticeship Programmes, as well as the Power Academy Programme in electrical engineering, run in the United Kingdom. * Iberdrola Electricians’ Schools in Brazil, which train the company’s technical operators and include dedicated programmes for women. This initiative has been recognised by the World Economic Forum and the United Nations. * EXE STEM Women Scholarships, which promote educational leadership and scientific and technological careers among girls from vulnerable backgrounds. * Advanced Cybersecurity Training Programme, in Spain. * Restoration Scholarships at the Prado National Museum and the Bilbao Fine Arts Museum, a two-year programme for specialists in the conservation of artistic heritage. * ADOP Plan Scholarships, designed to facilitate the career transition of Paralympic athletes through academic training, whether at university, vocational training or other educational pathways. * Fundación Carolina Scholarships, aimed at graduates from Latin America and Portugal interested in pursuing advanced studies in energy and environmental fields at Spanish universities. READ MORE
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12/03/2026 - 10:43 UTC +01:00Iberdrola registers bid to acquire 100% of its Brazilian subsidiary Neoenergia Iberdrola has officially published the documentation (‘Edital’) for the takeover bid for all Neoenergia shares not controlled by the Group, according to information submitted today to the securities commissions. On 24 November 2025, the company launched a takeover bid for 16.2% of Neoenergia's share capital, a transaction that would give it 100% control of its Brazilian subsidiary. Iberdrola is offering the same price paid in the acquisition of the stake held by Caixa de Previdência dos Funcionários do Banco do Brasil (“PREVI”), corresponding to 30.29% of the capital -32.5 Brazilian reais per share- adjusted by the official Brazilian interest rate, known as SELIC, and reduced by the extraordinary dividend declared by Neoenergia on 31 December 2025. With this transaction, Iberdrola reaffirms its commitment to growth in electricity networks and to Brazil: Neoenergia, which focuses 90% of its business on networks, supplies electricity to around 40 million Brazilians through five distributors in the states of Bahia, Rio Grande do Norte, Pernambuco, Sao Paulo, Mato Grosso do Sul and Brasilia, and 18 transmission lines, making it the country's leading distribution group in terms of number of customers. The company is present in 18 states and the Federal District, has more than 725,000 kilometres of electricity distribution lines and 8,000 kilometres of transmission lines, and has 3,600 MW of renewable generation, mainly hydroelectric. READ MORE
