News
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25/03/2026 - 15:43 UTC +01:00Iberdrola agrees the sale of SP Dataserve Iberdrola, through its UK subsidiary ScottishPower , has signed an agreement to sell SP Dataserve, a company providing commercial metering services to non-domestic customers in the UK, to IMServ. By the end of 2025, SP Dataserve was providing 36,800 services to around 22,000 non-domestic customers across the UK. IMServ is a UK‑based metering and energy services company wholly owned by Bluewater, a specialist private equity firm with investments across the energy value chain. The sale of this non-core subsidiary forms part of Iberdrola’s active portfolio management strategy, which focuses on strengthening its core businesses and optimising capital allocation. The sale involves the divestment of a non-strategic business within ScottishPower and follows the transfer of the UK smart meter business to Macquarie in 2025, which further simplifies the Group’s business profile in the UK. The UK represents Iberdrola’s main investment destination, where the Group plans to invest €20 billion 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. The transaction just signed is in addition to others completed by Iberdrola so far this year: the acquisition of the Ararat wind farm in Australia, the sale of its onshore generation business in France, the sale of small-scale hydroelectric assets and the sludge treatment business in Spain, the sale of its assets in Hungary and the addition of 650 MW of solar power to the joint venture with Norges. The transaction closing is subject to customary conditions in this type of transactions, such as regulatory review. READ MORE
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25/03/2026 - 10:13 UTC +01:00Neoenergia advances the digitalisation of electricity networks with advanced IoT solutions Neoenergia, a subsidiary of the Iberdrola Group in Brazil , continues to advance the modernisation of its electricity networks through the integration of IoT technologies, enhancing resilience, operational efficiency, and quality of supply. The initiative ensures continuous connectivity for network devices, even in remote areas, thereby strengthening the reliability of the electricity system. The solution is built on a smart connectivity ecosystem capable of operating flexibly across multiple communication networks. This enables faster and more accurate fault detection and accelerates service restoration. The increased availability of real-time data also optimises network management and supports the work of operations and maintenance teams. The adoption of these digital technologies is key to improving the customer experience, reinforcing security of supply, and advancing the transition to a more sustainable energy system. You can read the full news article at the Neoenergia Media room. READ MORE
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25/03/2026 - 08:46 UTC +01:00ScottishPower secures £600m National Wealth Fund green financing for strategic UK subsea power link Eastern Green Link 4 ScottishPower , through its parent company Iberdrola, has secured £600 million in financing from the National Wealth Fund to support the development of the Eastern Green Link 4 project, a strategic electricity interconnector that will strengthen the UK's energy security and self-sufficiency, while helping to meet its Clean Power targets. Eastern Green Link 4 (EGL4) is a new 2GW High Voltage Direct Current (HVDC) subsea power link that will help reduce constraint costs by transporting domestically produced energy from where it is generated in Scotland to areas of demand in England. Running between Fife and Norfolk, the 530 km high-voltage cable will be able to transmit enough electricity to power the equivalent of 1.5 million UK homes. Long-distance, bidirectional subsea infrastructure projects such as EGL4 are essential to reinforce the UK's energy security and lower the cost of electricity for homes and businesses by reducing dependence on imported fossil fuels that are exposed to volatile international markets. This transaction builds on the National Wealth Fund’s £600 million loan in May 2025 to support the development of seven of ScottishPower’s priority network initiatives. The ongoing collaboration between ScottishPower and the National Wealth Fund to drive investment in the UK grid demonstrates the power of the public and private sector joining forces to support the transition to lower cost, homegrown, clean energy. The National Wealth Fund prioritised the grid as an area for investment in its recent strategic plan and as a public finance institution is able to offer greater flexibility, with a longer tenor facility to allow Scottish Power to better align the debt profile with the life of the assets being financed. With National Energy System Operator (NESO) estimating that £58 billion will be required in Great Britain by 2035 to support the delivery of the clean power system, the National Wealth Fund also has a role to play in widening the pools of capital available to the sector. This new financing enables the Iberdrola Group to continue advancing its ambitious plan to develop distribution and transmission networks in the United Kingdom , which involves capex investments of £12 billion (€14 billion) through 2028 to continue expanding electrification and responding to the expected increase in electricity demand. Chancellor Rachel Reeves said: “This is exactly why we created the National Wealth Fund - to put the full power of government behind strategic investment in partnership with business that secures Britain’s future. This investment will build the energy infrastructure of tomorrow, strengthen our energy security, and help bring down bills. “We have the right economic plan for Britain - built on stability, investment and reform - with an active, strategic state helping to build a stronger, more secure economy and make working people better off in every part of Britain.” Oliver Holbourn, CEO of the National Wealth Fund, said: “By supporting nationally significant projects like Eastern Green Link 4, we are demonstrating our commitment to strengthening our national infrastructure to help ensure our energy system is fit for the future. “Our financing will support Scottish Power to go further and faster to deliver crucial grid upgrades and in doing so unlock clean energy for homes and businesses across the country.” Keith Anderson, CEO of ScottishPower, said: “We are pleased to be strengthening our relationship with the National Wealth Fund to deliver these critical investments. By working together to support the delivery of the Government’s Clean Power 2030 pathway, projects like EGL4 are meeting our shared goals of accelerating electrification, boosting the UK economy and delivering energy security.” Energy Minister Michael Shanks said: “Grid upgrades are vital to getting Britain off the rollercoaster of fossil fuel prices allowing us to make the most of the low-cost clean energy we generate. “Network investment is delivering growth across the country jobs too, with Scottish Power set to double its transmission workforce in central and southern Scotland, creating opportunities for good, well-paid careers.” Scottish Secretary Douglas Alexander said: "This major investment by the UK Government’s National Wealth Fund demonstrates our commitment to essential grid infrastructure like this subsea power link. Through investment like this one, we are helping to kickstart economic growth and delivering on our commitment to a decade of national renewal.” READ MORE
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24/03/2026 - 16:46 UTC +01:00Ignacio Galán highlights the opportunities of electrification for energy self-sufficiency and competitiveness at the CERAWeek Summit Iberdrola's Executive Chairman , Ignacio Galán, took part in CERAWeek, one of the leading international energy forums, held in the United States, where he held meetings with prominent figures from the global political and energy sectors and spoke on a plenary panel focusing on the challenges posed by the growth of artificial intelligence for electricity systems. During the event, Ignacio Galán met once again with the US Secretaries of Energy and the Interior, Chris Wright and Doug Burgum. He also held discussions with Ditte Juul Jørgensen, Director-General for Energy at the European Commission, and Katherina Reiche, Germany’s Minister for Energy, given the global scope of this energy forum. During CERAWeek, Ignacio Galán took part in the panel discussion ‘The Power Convergence: Bridging the gap between AI demand and grid capacity’, which focused on the sharp rise in electricity demand across all sectors, particularly driven by the development of artificial intelligence and large data centres. Also taking part in this debate were Scott Strazik, CEO of equipment supplier GE Vernova, and Uwem Ukpong, Vice President of Industries at Amazon Web Services (AWS). The discussion highlighted the urgent need to promote investment in transmission and distribution networks and in generation capacity to accommodate the new demand under optimal conditions of safety, energy self-sufficiency and competitiveness. Iberdrola is among the select group of electricity companies that have been invited to participate in CERAWeek, reflecting its position as Europe’s largest electricity company and one of the two largest in the world by market capitalisation, as well as its prominent presence on both sides of the Atlantic. READ MORE
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20/03/2026 - 07:42 UTC +01:00Iberdrola launches its remote participation campaign for the 2026 Annual General Meeting Iberdrola is today launching its remote participation campaign for the Annual General Meeting, which has already been called for 29 May – more than two months in advance, double the minimum legal notice period – to facilitate the involvement of its hundreds of thousands of shareholders. In this regard, from today, 20 March, a wide range of channels for proxy granting and absentee voting will be available until 28 May. These channels may be used by all shareholders who hold at least one share registered in their name. The company, which is submitting its 2025 financial results for approval by its shareholders, arrives at the 2026 Annual General Meeting – marking its 125th anniversary – in a position of undisputed leadership as Europe’s largest electricity company and one of the world’s two largest by market capitalisation, having reached €135 billion. In line with its commitment to shareholder remuneration, the Board of Directors is proposing to the Annual 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. Iberdrola will thus allocate €4.5 billion to dividends for the 2025 financial year. In addition, Iberdrola proposes to distribute an engagement dividend of €0.005 per share to all its shareholders, subject to the General Meeting achieving a quorum of 70% of the share capital, once again applying an engagement policy based on transparency, active listening and constant dialogue. Proximity to shareholders and greater incentives for participation The General Meeting will be held both in person and remotely, with a wide range of options available for remote participation prior to the meeting via the corporate website, the shareholders’ telephone line, instant messaging and postal voting, thereby reinforcing the open, accessible and sustainable model for General Meetings that the Group has been developing over the years. As additional incentives alongside the engagement dividend, Iberdrola is holding a prize draw for 30 electric bicycles open to shareholders participating via the website or the telephone line, and a commemorative gift may be collected at the shareholder information desks that will be available in the run-up to the General Meeting. To mark the Annual General Meeting, the Company is strengthening and expanding its existing channels for ongoing communication with shareholders and investors, who now have access to the Shareholder Office, the Investor Relations Office and the Shareholder Virtual Assistant. Furthermore, it will hold conferences and face-to-face meetings in various cities across Spain, where attendees will be able to learn first-hand about Iberdrola’s strategy, as well as its outlook and key challenges for the future. To attend online, shareholders must register on the website between 08:00 and 09:45 on the day of the General Meeting; those wishing to attend in person must reserve a seat at the Shareholder Office or via the corporate website by 09:45 on 29 May. READ MORE
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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
