News
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05/05/2026Iberdrola increases energy storage capacity in Spain with upgrades to the Valdecañas pumped-storage power plant Iberdrola España, Iberdrola’s subsidiary Spain, is enhancing energy storage capacity on the River Tagus through the implementation of technological upgrades at the Valdecañas facility (Cáceres, south-western Spain). The commissioning of these improvements increases the system’s total capacity by 355 MW and adds 210 GWh of storage, reinforcing renewable energy integration and improving the resilience and reliability of the electricity system. This facility has already successfully carried out its first pumping operations . The ‘gigabattery’ created by interconnecting two of Europe’s largest reservoirs – Alcántara and Valdecañas – enables the absorption of surplus energy from intermittent renewable sources (solar and wind) to be fed back into the system when these sources are unavailable and demand requires it. The upgraded configuration at Valdecañas also incorporates a 15 MW / 7.5 MWh hybrid battery, further increasing the Tajo system’s storage capacity by up to 210 GWh. This is equivalent to the average annual electricity consumption of 60,000 households, more than 4 million electric vehicle batteries, or more than two weeks of total electricity demand in Extremadura . This additional capacity enhances system flexibility and supports more efficient demand management, particularly during peak periods. In addition, the coordinated operation of the Valdecañas, Torrejón, Alcántara and Cedillo reservoirs — supported by active management of the Tiétar tributary through pumping — helps to mitigate flood peaks, reduce flood risk, preserve ecosystems and optimise strategic water reserves throughout the year. The full article is available on the Iberdrola España's Communication Room . READ MORE
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05/05/2026 - 12:38 UTC +02:00Iberdrola named ‘Investor of the Year’ in the UK for its investments in electrification ScottishPower, the Iberdrola Group’s UK subsidiary , has been named ‘Investor of the Year’ at the British Business Awards, an accolade that recognises its record investment of over €27 million to accelerate the future of clean energy in the UK. This investment drive is enabling the development of projects to boost electrification , including key infrastructure such as the Eastern Link and some of the world’s largest offshore wind farms, currently under construction off the coast of East Anglia. The jury highlighted the company’s sustained, long-term strategy in renewable energy, electricity grids and infrastructure, emphasising its contribution to increasing the resilience of the energy system and promoting a more efficient energy model. This effort translates into billions invested in the supply chain and the creation of thousands of jobs, leaving a legacy of modern electricity infrastructure capable of driving the British economy for decades to come. You can read the full story in the ScottishPower Media room. READ MORE
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04/05/2026 - 16:05 UTC +02:00Iberdrola, the only European electricity company to feature in every edition of the Dow Jones Best-in-Class World Iberdrola has once again been included in the Dow Jones Best-in-Class World (DJ BIC World) and Dow Jones Best-in-Class Europe (DJ BIC Europe) indices. The electricity company also remains the only European utility to have featured in all 26 editions of the global index. Only 10% of the 2,500 largest companies in the S&P Global BMI universe with the best long-term performance in economic, environmental and social aspects are included in the Dow Jones Best-in-Class World. The Dow Jones Best-in-Class family of indices, created in 1999, identifies the most advanced companies in sustainability within each sector, based on S&P Global’s Corporate Sustainability Assessment (CSA), and includes global, regional and national lists Iberdrola’s continued inclusion in these indices confirms the strength of its strategy and its focus on long-term value creation. The group regularly submits its environmental, social and governance (ESG) performance to assessment by leading international analysts and ranks among the sector’s frontrunners in the main rankings. These accolades received by Iberdrola complement other international sustainability indicators , such as MSCI, CDP Climate Change, Sustainalytics, ISS ESG, FTSE4Good, EcoVadis and S&P Global’s Sustainability Yearbook 2026. READ MORE
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04/05/2026 - 12:54 UTC +02:00Iberdrola reinforces its commitment to local communities in the US with over €52 million in tax contributions Avangrid, Iberdrola’s subsidiary in the United States , contributed more than €52 million in tax revenue from its facilities in 2025, helping to support the delivery of public services and infrastructure development in the regions where it operates. With a presence in 25 states and over 11 gigawatts of installed capacity, Avangrid plays a key role in ensuring electricity supply amid rising demand, while also generating a direct economic impact at both local and regional levels. These contributions help fund, among other areas, educational institutions, public investment projects and essential services such as roads, emergency services, libraries and community facilities, while also helping to reduce the tax burden on residents. In addition to its fiscal impact, Avangrid strengthens its social contribution through community support initiatives. In 2025, it allocated more than $200,000 to over 80 non-profit organisations across 20 states through its Community Sponsorship programme. Furthermore, the Avangrid Foundation awarded more than $3.1 million in grants to 73 organisations. You can read the full story at the Avangrid Media room. READ MORE
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30/04/2026 - 17:36 UTC +02:00Ignacio Galán and Queen Sofía attend the opening of the Zurbarán exhibition in London To mark its 125th anniversary, Iberdrola, through its subsidiary ScottishPower , has partnered with the UK’s leading art gallery to present the first exhibition in the United Kingdom dedicated to the work of the great Spanish painter. The show brings together more than 40 works from leading international museums. It opens to the public on 2 May and runs until 23 August. READ MORE
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30/04/2026 - 13:04 UTC +02:00Iberdrola and Buglife are promoting a network of habitats for pollinators at electricity substations in Scotland ScottishPower Energy Networks, ScottishPower distributor, a subsidiary of the Iberdrola Group in the UK , has partnered with the conservation organisation Buglife to launch the Pollinator B-Lines project and transform Scotland’s Central Belt into a connected network of habitats featuring wildflowers and nesting sites. The aim is to create “green corridors” that facilitate the movement and survival of bees, butterflies and other pollinating insects, by reusing unused land at electricity substations and transforming it into areas conducive to biodiversity . The collaboration forms part of the company’s Nature Action Plan , integrating biodiversity enhancement into the management and operation of electricity infrastructure. It also includes long-term management plans to ensure that the habitats created are maintained and continue to deliver environmental and community benefits over time. You can read the full story in the ScottishPower Energy Networks Media room . READ MORE
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29/04/2026 - 13:30 UTC +02:00Iberdrola to allocate €4.5 billion to dividends for the 2025 financial year Estimated timetable for the “Iberdrola Flexible Remuneration” programme 2026 2 July 2026 Announcement of the number of free allocation rights required to receive one new share and the amount of the gross supplementary dividend per share. 3 July 2026 Last trading day for shares entitled to receive the dividend. 6 July 2026 Start of the trading periods for free allocation rights and ordinary election rights. 20 July 2026 End of the trading periods for free allocation rights and ordinary election rights. 27 July 2026 Payment of the supplementary dividend to shareholders who have chosen to receive cash. 29 July 2026 Expected start date for ordinary trading of the newly issued shares. READ MORE
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29/04/2026 - 08:10 UTC +02:00Investments in Networks in UK and US deliver 11% increase in Adjusted Net Profit to Eur 1,865 M "The current crisis is showing once again the urgent need to improve energy security, strategic autonomy and competitiveness through electrification, and this will drive additional investment opportunities as we contribute to build more resilient and sustainable energy systems." Ignacio Galán, Executive Chairman of Iberdrola * Investments of €14.5 billion in the last twelve months o Two-thirds invested in Networks and more than 50% in UK and US + Networks Regulated Asset Base (RAB) increases +8% to c.€53 billion, driven by double-digit growth in the UK + One-third of Network investment allocated to Transmission to achieve a RAB of Eur 14.2 billion in this activity. + 3,300 MW of new generation capacity added in past 12 months, almost 60% in onshore and offshore wind * Q1 Adjusted EBITDA of €4.1 billion, with Networks as key driver o 84% of EBITDA comes from A-rated countries o Networks up +9% to €2.048 billion: positive performance in all geographies o Power & Customers adj. EBITDA of €2.022 billion (-3%): non-recurrent regulatory and ancillary costs in Iberia offset increase in production in UK (+41%) and other EU countries (+32%) * Adjusted Net Debt at €50.3 billion after completion of Mexico transaction and the acquisition of minorities in Brazil o Liquidity reaches €21.4 billion, with improving ratios fully consistent with BBB+ rating * Resilient business model based on Regulated businesses in A-rated countries providing stability and growth in any scenario o Increasing regulated profile with focus on UK /US + 70% of Networks investments in 2025-28 focused on the US and the UK + ~75% of regulated and LT contracted EBITDA by 2028-30 + ~100% of production already secured for 2026, >80% for 2027 and 75% for 2028 o No significant financial impacts expected from current geopolitical context: + 93% of purchases of strategic equipment secured up to 2028, not affected by the Strait of Hormuz situation + Not fossil-fuel dependency or exposure to commodities * 2026 FY guidance: The company now expects Net Profit growth of more than 8% excluding capital gains from asset rotation * Electrification and AI drive additional opportunities in the mid and long-term o Increasing investment needs in Networks in all core geographies o AI : Upside from demand growth and transformation of business processes (300 projects under way) * The General Shareholders' Meeting will be held on May 29 with the share at all-time high levels: c.€135 billion in market capitalization and record dividend per share of €0.68 READ MORE
