News
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03/06/2026 - 10:08 UTC +02:00Iberdrola strengthens its US presence with a new Avangrid-Microsoft PPA Avangrid, subsidiary of the Iberdrola Group in the United States , has signed a new power purchase agreement (PPA) with Microsoft for Bluebird Solar, a 140 MWdc (100 MWac) solar project in Washington State. The agreement brings the companies’ total contracted capacity in the US to more than 500 MW, further strengthening a strategic partnership that supports the growing demand for clean electricity from major technology companies. The deal also reinforces Iberdrola Group’s position as a leading provider of long-term renewable energy solutions in the United States. Bluebird Solar is the fourth project contracted by Avangrid and Microsoft, following several solar and wind developments announced in recent years. Together, these projects highlight the Group’s ability to support the electrification of the economy through large-scale renewable energy generation. Expected to enter operation in 2028, Bluebird Solar will not only expand renewable energy capacity but also deliver economic benefits to the local community through investment, job creation and tax revenues, further strengthening the Group’s footprint in one of its key markets. You can read the full story in the Avangrid Media room. READ MORE
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02/06/2026 - 17:00 UTC +02:00Iberdrola has connected its new Tower Solar plant to the grid in Oregon (USA) to meet the growing demand from large customers Iberdrola, through its subsidiary Avangrid , has connected its new Tower Solar photovoltaic plant to the regional electricity grid in Morrow County, Oregon (United States). The company expects the plant to enter commercial operation this summer, once the final phases of the project have been completed, to help meet the growing energy demand of large customers. With a capacity of 166 MWdc (120 MWac), the facility incorporates more than 250,000 solar panels. The energy generated will be fed into the Portland General Electric (PGE) grid and will be used primarily to meet the demand of large municipal, commercial and industrial consumers, in a context marked by strong growth in electricity demand. For example, the new renewable capacity at Tower Solar will support the operations in the region of QTS (Quality Technology Services), one of the leading US providers of digital infrastructure and data centres. In this regard, the plant will supply electricity to the PGE grid through the Green Future Impact (GFI) programme, which enables large consumers to access clean energy to advance their decarbonisation goals. This model drives the development of new renewable capacity directly linked to these customers’ demand, without passing on additional costs to other users of the system. The project responds to the sustained growth in electricity demand in the United States, particularly in the north-west of the country. In this context, the Group is reinforcing its commitment to energy solutions that combine competitiveness, security of supply, local generation, direct support for economic and industrial growth, and community development. Through Avangrid, the Iberdrola Group has more than 11,000 MW of installed capacity in the United States, spread across nearly 100 plants in 25 states. READ MORE
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02/06/2026 - 10:40 UTC +02:00Iberdrola promotes the electrification of industry with eight projects that will mobilise 150 MW of renewable energy Iberdrola has been awarded eight projects in the first European auction for the decarbonisation of industrial heat promoted by the European Commission's 'Innovation Fund', an initiative that will accelerate the replacement of fossil fuels with renewable energy in energy-intensive industrial sectors. The initiatives, based on the direct electrification of heat using electric boilers, will require approximately 240 GWh per year of electricity from renewable sources. The programme will significantly reduce carbon dioxide emissions associated with industrial processes with high energy demand, strengthening the competitiveness of the participating companies. The actions will be deployed in sectors such as food and beverages, chemicals, manufacturing, tires, mining and other industrial areas, consolidating electrification as one of the main levers to advance in the decarbonization of industry. With this award, Iberdrola reinforces its role as a strategic partner of the industry in its electrification process, offering solutions that reduce exposure to the volatility of fossil fuels and advance the sustainability and emission reduction objectives required by European regulation and the market. 65 selected projects The European auction, managed by the European Climate, Infrastructure and Environment Executive Agency (CINEA), has selected 65 projects in ten European countries, with nearly 400 million euros in aid. Spain leads the call with 24 of the 65 awards. In the case of Iberdrola, the set of selected initiatives adds up to nearly 50 million euros in aid, which represents approximately 35% of the total granted in Spain and represents a significant boost to accelerate the electrification of industrial heat in the country. In addition to reducing emissions, the initiatives will allow participating companies to move towards more efficient, competitive and resilient energy models, thanks to long-term contracts that provide stability and visibility on the cost of decarbonised heat. The execution of these projects includes long-term power purchase agreements (PPAs) that will mobilize more than 150 MW of renewable energy. These actions are in addition to two other PPAs signed by Iberdrola in Spain with companies in the metallurgical and data centre sectors, which together represent another 90 MW of renewable energy. Comprehensive solution Iberdrola offers a comprehensive solution that covers the design, construction and operation of the facilities, as well as the supply of the renewable energy necessary to produce electrified heat. The aim is to minimise the impact on factory operations and facilitate efficient and easy decarbonisation for industrial customers. "This aid allows us to accelerate real, mature initiatives that improve the competitiveness of our customers, reduce their cost of heat, reduce their exposure to the volatility of fossil fuels and advance decarbonisation objectives," says Fernando Mateo, head of industrial decarbonisation at Iberdrola. "The direct electrification of industrial heat is one of the most effective levers to cut emissions in the short term, and the European auction shows that there is a solid portfolio of viable projects to be deployed from now on," he said. The award comes at a key moment for electrification in Europe. The European Commission is already working on a second call for industrial heat auctions scheduled for the coming months, with the aim of continuing to accelerate the replacement of fossil heat with clean solutions and technologies. Iberdrola works with customers in energy-intensive sectors to accelerate the implementation of clean technologies, strengthen the competitiveness of the industrial fabric and move towards a more sustainable and energy-efficient economic model. READ MORE
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29/05/2026 - 11:57 UTC +02:00Shareholders massively support Iberdrola's management and strategy at its 125th anniversary General Meeting READ MORE
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28/05/2026 - 17:27 UTC +02:00Iberdrola promotes the restoration of natural habitats in southern Scotland ScottishPower, subsidiary of the Iberdrola Group in the UK , continues to move forward with its commitment to biodiversity and climate action through a new environmental restoration project in southern Scotland, led by its distribution company ScottishPower Energy Networks in collaboration with specialist conservation organisations. The project has enabled the restoration of 22.5 hectares of peatland in the Loch Moan area, an area equivalent to around 32 football pitches, with the aim of restoring the natural flow of water to the River Cree and improving habitat quality. This initiative contributes to strengthening the health of the river ecosystem and supports the conservation of species with high ecological value in an area of particular biodiversity importance. The restoration of peatlands, which act as major carbon sinks, helps to avoid emissions associated with land degradation while also strengthening the environmental resilience of the surrounding area, in line with the Group’s strategy of integrating nature-based solutions into its activities. This initiative forms part of SP Energy Networks’ Nature Action Plan and demonstrates how investment in electricity networks can generate shared value for communities and the environment. Through projects such as this, Iberdrola is progressing towards its ambition of achieving a net positive impact on biodiversity by 2030 and actively contributing to the regeneration of natural capital in the regions where it operates. You can read the full story in the ScottishPower Energy Networks Media room . READ MORE
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27/05/2026 - 16:46 UTC +02:00Ignacio Galán takes part in Iberdrola’s Shareholders’ Day in Bilbao Iberdrola’s Executive Chairman, Ignacio Galán, took part in the latest edition of the Iberdrola Shareholders’ Conference , held at the company’s headquarters, Torre Iberdrola (Bilbao), as part of a series of meetings being held in various cities ahead of the General Shareholders’ Meeting scheduled for this coming Friday, 29 May. The event in the capital of Biscay, which ran throughout the day and was attended by nearly a thousand shareholders, featured the participation of the Group’s Executive Chairman, Ignacio Galán, and other company executives. During the meeting, shareholders gained first-hand insight into the key aspects of the transformation the Group has undergone over the last 25 years, during which it has become Europe’s leading electricity company and one of the two largest in the world by market capitalisation (€135 billion). They also received a detailed overview of the key figures in its Strategic Plan up to 2028 and the strong performance recorded in the 2025 financial year. Following the success of recent years, the Group has tripled the number of cities in which these meetings are taking place to reinforce its commitment to shareholder engagement and to fostering a close relationship with them based on active listening. The Shareholders’ Days have also been held in Madrid, Valencia, Zaragoza, Pamplona and San Sebastián, bringing together a total of over 2,000 shareholders. ‘125 Light Years’ Exhibition Attendees at the event were also able to view the ‘125 Light Years’ photography exhibition, which offers a visual journey through the company’s history and present. The initiative, which forms part of the programme of cultural and musical activities organised by the company to celebrate its centenary, arrives in Bilbao after visiting Valencia, Zaragoza, Pamplona, San Sebastián and Madrid. It thus arrives in the capital of Bizkaia with a special purpose: to pay tribute to the city where it was founded and to express gratitude for the role it has played in its growth over more than a century. Closer ties with shareholders and more incentives to participate The AGM will be held with the option of attending in person or remotely, and the company has made extensive facilities available to its shareholders to participate remotely prior to the meeting via the corporate website, the shareholder helpline, instant messaging, email and postal voting. A major advantage is that the proxy forms consolidate all the holder’s shares – regardless of where they are held. This simplifies and facilitates participation, whilst offering greater security by including a QR code and an access code. Iberdrola is thus reinforcing the open, accessible and sustainable AGM model that the company has been developing for years, which also includes channels for ongoing dialogue with shareholders and investors , such as the Shareholder Office, the Investor Relations Office and the Virtual Shareholder Assistant. As part of the agenda for the General Shareholders’ Meeting, and in line with its commitment to shareholder remuneration, the Board of Directors is proposing a supplementary dividend of €0.427 per share, in addition to the €0.253 per share already paid on 2 February as an interim dividend. Iberdrola will thus allocate €4.5 billion to dividends for the 2025 financial year. Furthermore, Iberdrola proposes to distribute a participation dividend of €1 gross for every 200 shares, subject to the General Meeting achieving a quorum of 70% of the share capital. READ MORE
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27/05/2026 - 15:59 UTC +02:00Iberdrola drives forward energy storage with Spain’s largest battery project Iberdrola España, subsidiary of the Iberdrola Group in Spain , has inaugurated the country’s largest energy storage battery at the Campo Arañuelo solar complex in Cáceres. With 58 MW of power and 120 MWh of storage capacity, the project marks another step forward in the company’s commitment to energy storage as a key pillar of electrification and renewable integration. The facility includes two LFP lithium-ion battery systems, each with a capacity of around 60 MWh, connected to the Campo Arañuelo I and II solar plants. The batteries will store renewable energy generated by the plants and release it when demand is highest, helping to improve grid stability and accelerate the integration of new demand linked to electrification. With this project, Iberdrola España further strengthens its position as a leader in battery storage in Spain, where it already operates around 200 MW. The company has been investing in storage technology for years as a vital complement to renewable energy, helping to build a more resilient and flexible electricity system capable of meeting future demand. The full story is available on the Iberdrola España Media Room. READ MORE
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27/05/2026 - 10:45 UTC +02:00Iberdrola Executive Chairman, Ignacio Galán, and the Deputy General of Bizkaia, Elixabete Etxanobe, meet at Torre Iberdrola Iberdrola Executive Chairman Ignacio Galán met with the Deputy General of Bizkaia, Elixabete Etxanobe, at Torre Iberdrola. The meeting took place a few days ahead of the company’s General Shareholders’ Meeting, scheduled for Friday, 29 May. During the meeting, the Iberdrola Executive Chairman reaffirmed the company’s strong and long-standing commitment to the Basque Country. Since 2021, this commitment has translated into a tax contribution of more than €4 billion in the region, 90% of it in Bizkaia. READ MORE
