Company news - Iberdrola

26/03/2026 - 09:58 UTC +01:00

Iberdrola paid €10.4bn in taxes in 2025 In 2025, Iberdrola made the largest tax contribution in its history, paying a total of €10.41 billion in taxes in the countries where the company operates, according to its 2025 Fiscal Transparency Report. Tax payments in Spain reached a new record high in 2025, reaching nearly €4.7 billion, an 8% increase on 2024. This consolidates Spain’s position as the country to which Iberdrola contributes the most in taxes – almost half of the Group’s total – despite the fact that two-thirds of Iberdrola’s business and almost 75% of its assets are in other countries. The main reason is the number of electricity-specific taxes to which the Group is subject in Spain – a total of 41 – compared with just 28 across the other 31 countries in which the Group operates worldwide. Spain accounts for 79% of all the electricity-related taxes paid by Iberdrola worldwide. Globally, Iberdrola allocated 44% of its profit in 2025 to the payment of taxes affecting its results. Over the last five years, Iberdrola has paid more than €45 billion in taxes, a figure equivalent to all the dividends received by shareholders between 2001 and 2026. Iberdrola conceives its tax contribution as an essential component of its social dividend and has a well-established model of responsible taxation, based on strict compliance with regulations, transparency and consistency between its economic activity and the taxes paid. In the same way, Iberdrola’s tax strategy is based on a cooperative and trusting relationship with tax authorities, with voluntary participation in cooperative compliance programmes in countries such as Spain, the United Kingdom, Brazil, France, Portugal and Australia. The Group began voluntarily publishing its Tax Transparency Report and Country-by-Country Report in 2019, well ahead of regulatory requirements. This approach has positioned Iberdrola as an international benchmark for transparency and good tax governance. In 2025, the company renewed its Fair Tax Mark certification, improving its score in the process, and achieved first place in the Tax Responsibility and Transparency Index, which assesses the tax governance, quality of information and tax practices of large multinationals. In addition, the company’s tax compliance system has been certified in accordance with the UNE 19602 standard, renewed for the seventh consecutive year without any non-conformities. Tax contribution by country Iberdrola’s tax contribution in 2025 was distributed across its main markets as follows: €4.675 billion in Spain; €2.328 billion in Brazil; €1.384 billion in the United States; €1.061 billion in the United Kingdom; €645 million in Mexico; and €317 million in the other countries in which it operates. READ MORE

25/03/2026 - 15:43 UTC +01:00

Iberdrola 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

25/03/2026 - 08:46 UTC +01:00

ScottishPower has secured £600 million in financing from the National Wealth Fund to support the development of the Eastern Green Link 4 project.

20/03/2026 - 07:42 UTC +01:00

Iberdrola 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

17/03/2026 - 18:00 UTC +01:00

Iberdrola 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

12/03/2026 - 10:43 UTC +01:00

Iberdrola 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

06/03/2026 - 07:19 UTC +01:00

Iberdrola's Ararat Wind Farm, located in the state of Victoria, Australia.

Iberdrola accelerates growth in Australia with the acquisition of its first wind farm in the state of Victoria Iberdrola has completed the acquisition of the Ararat wind farm, located in the state of Victoria, Australia, from Partners Group and OPTrust, after obtaining all the necessary approvals to carry out the operation. With this operation, the Group now has a presence in five states across the country: New South Wales, South Australia, Victoria, Queensland and Western Australia. With a capacity of 242 megawatts (MW) and operational since 2017, the wind farm becomes Iberdrola’s biggest wind farm in Australia and its first owned generation asset in Victoria, the second most populous state in Australia and one of the fastest growing regions. This acquisition reinforces Iberdrola’s ability to supply its business customers portfolio with own generation while also selling a significant portion of its output through Power Purchase Agreements (PPAs) , providing predictable cash flows in a state targeting 95% renewable energy by 2035. Iberdrola has become one of the energy leaders in the Australian market with more than 2,500 MW of installed capacity, mainly distributed among onshore wind farms , solar plants and batteries. The company has also recently entered the country's grid business with VNI West (Victoria to New South Wales Interconnector West), a key infrastructure project that will connect the states of Victoria and New South Wales. The operation reaffirms Iberdrola's commitment to expanding electrification through renewables, networks and energy storage to achieve self-sufficiency and energy security in all geographical areas where the Group operates worldwide. This is the sixth transaction completed by Iberdrola so far this year, following the sale of its onshore generation in France, the sale of mini-hydro assets and the slurry business in Spain, the sale of Hungary and the addition of 650 MW of solar power to the joint venture with Norges. All these initiatives are aligned with the Iberdrola Group’s strategy of focusing its investments on its core businesses – primarily generation with long-term contracts or regulated networks – and on key markets. READ MORE

26/02/2026 - 20:07 UTC +01:00

Iberdrola issues a "Green EU" hybrid bond for 600 million euros Iberdrola has once again accessed the capital markets, this time to refinance a hybrid bond maturing at the end of April this year. The company has placed €600 million of green hybrid bonds , as reported to the National Securities Market Commission (CNMV). The bond, which by its nature as a hybrid is in principle perpetual, has a repurchase option at the same time that begins from December 2032. The demand registered has reflected the great interest of investors in Iberdrola, reaching more than 5,000 million euros, with the participation of almost 280 qualified international investors, which has allowed Iberdrola to significantly narrow the margin offered. The main geographies among which the operation is distributed are the United Kingdom (27%), France (24%) and Germany (14%), Spain (10%), the Netherlands and Luxembourg (10%) and Italy (5%). Finally, with a book close to 2,000 million euros, Iberdrola has managed to place the coupon at 3.95%, highly competitive and below the theoretical reference according to the price of its bonds in the secondary market, achieving the lowest premium in history for a Spanish issuer. All this highlights investors' strong appetite for Iberdrola's credit and their confidence in the Group chaired by Ignacio Galán , after the good results for the 2025 financial year presented yesterday, placing it as the best in class in the market. The company has taken advantage of the market window that emerged after its results presentation , with cost levels at annual lows and anticipating a possible avalanche of competitive supply from next week. Eight top-tier international banks have participated in the placement: BNP, HSBC, Unicredit, BBVA, Santander, Natixis, SMBC and Commerzbank, which have facilitated access to investors in a very satisfactory way. It should be noted that it is a green bond , which combines both ICMA's Green Bond Principles and the new European Green Bond Standard "EU Green", with more than 62% participation from sustainable investors. The issue closed today by Iberdrola is its first public operation on the market so far this year. This operation will serve to refinance an operation of the same type whose repurchase will take place soon, thus keeping the company's hybrid volume stable at an amount of 8,250 million euros, as committed by the issuer at its recent Capital Markets Day in London. The hybrid bonds count as 50% capital, in accordance with the methodology of the main rating agencies, so this operation contributes to maintaining the group's credit ratings. The last issuance of this type of debt by Iberdrola dated from November 2024 with a coupon of 4.247%. READ MORE

Filter
by

News

See more Iberdrola Group press areas

Filterby

News

See more Iberdrola Group press areas

Filter
by