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27/06/2025 - 13:04 UTC +02:00SP Energy Networks launches £1.4bn investment to support the UK Government’s Clean Power 2030 Mission ScottishPower Energy Networks, Iberdrola's distribution company in the United Kingdom , has awarded supply chain contracts to support a £1.4bn commitment to deliver critical onshore transmission projects across central and southern Scotland and help deliver the Government’s Clean Power 2030 mission. Forming part of a wider £5.4 billion supplier investment programme over the next decade to move the grid forward, the contracts enable SP Energy Networks to build long-term partnerships with UK businesses to rewire the electricity network. It’s part of a multi-billion-pound investment programme to unlock more capacity for new homes, businesses, and clean energy projects, move power around the country more efficiently and significantly reduce the UK’s reliance on fossil fuels and boost energy security. To mark the announcement, Nicola Connelly, SP Energy Networks CEO, was joined by Energy Minister, Michael Shanks MP, at an event close to the company’s Glasgow headquarters. Representatives from the successful businesses signed SP Energy Networks’ Delivery Charter, committing to green job creation, positive community impact, and a safe working environment. You can read the full story at the ScottishPower Energy Networks Media Room. READ MORE
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24/06/2025 - 13:22 UTC +02:00Pedro Azagra New CEO of the Iberdrola Group The Board of Iberdrola, S.A. has appointed Pedro Azagra as Group CEO, who until now has held the position of CEO of the USA subsidiary, replacing Armando Martínez. Pedro Azagra has been with Iberdrola for 25 years, first as Executive Director of Development with responsibility for the Company's international expansion, and for the past three years as CEO of Iberdrola's subsidiary in the United States. Pedro Azagra earned a degree in Law and Business Administration from the Instituto Católico de Administración y Dirección de Empresas (ICADE) at the Universidad Pontificia de Comillas in Madrid, where he has been imparting his knowledge as professor of Corporate Finance and Mergers and Acquisitions. With an MBA from the University of Chicago (United States), he developed his professional career in the investment banking division of Morgan Stanley until joining the Iberdrola Group. Until now, he has been CEO of Iberdrola's subsidiary in the United States, President of Avangrid Power and Avangrid Networks, and he currently serves on the Board of Directors and Audit Committee of Neoenergia, Iberdrola's Brazilian subsidiary. The position of CEO in the USA will be filled by José Antonio Miranda, current CEO of Avangrid Power. He has extensive leadership experience in the industry. He earned a master´s degree in industrial engineering from the University of Oviedo and an MBA from ICADE. He served as CEO of Gamesa in China and the USA. He serves on the board of American Clean Power and is a member of the International Renewable Energy Agency (IRENA). Updated at 17:45 UTC +02:00. READ MORE
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24/06/2025 - 13:20 UTC +02:00Iberdrola to distribute dividends of at least €0.404 per share in July TIMELINE FOR THE “IBERDROLA RETRIBUCIÓN FLEXIBLE ” COMPLEMENTARY DIVIDEND SCHEME 2 July 2025 Announcement of the number of free allocation rights required to receive one share and the gross amount of the complementary dividend per share. 3 July 2025 Publication of the capital increase announcement. Last day shares are traded with dividend rights. 4 July 2025 Date from which shares no longer carry dividend rights under the “Iberdrola Retribución Flexible” scheme. Also known as the ex date. Start of trading periods for free allocation rights and common election. 17 July 2025 End of trading periods for free allocation rights and common election. 28 July 2025 Payment of the complementary to shareholders who opted for the cash alternative. Issuance of new shares under the capital increase. 30 July 2025 Expected date for the start of ordinary trading of the new shares to be issued as part of the capital increase. READ MORE
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10/06/2025Iberdrola, winner of Ibex 35’s best investor relations Iberdrola's Investor Relations department has received another prize. The largest electricity company in Europe by stock market value and one of the two largest in the world has been awarded as the company with the best investor relations on the Ibex 35 by the magazine Estrategias de Inversión. Isabel Sánchez, Head of Investor Relations at Iberdrola, and Ignacio Fernández Sanz, senior manager of the department, accepted the award. The publication awarded the prize to Iberdrola for its transparency, accessibility, quality of communication with shareholders, clarity of information, response to queries, disclosure of results and strategic decisions, and ease of access to company data through corporate channels. The magazine rewards Iberdrola for its fluid and honest relationship with the market and recognises that it aligns business interests with shareholder interests, as it understands that making its investments profitable in the long term is and should be one of the fundamental objectives of any listed company. Iberdrola's value creation is unquestionable. Since 2001, when Ignacio Galán became CEO of the utility, share value has increased from €3.5 to over €16 and has distributed more than €7.7 in dividends per share in the same period. The market values Iberdrola's total commitment to its shareholders and dividends are considered one of its three strategic pillars, along with growth and financial strength. Iberdrola's capitalisation exceeds €100,000M and its strength is such that it is worth more on the stock market than the sum of all the Spanish energy companies put together. READ MORE
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30/05/2025Shareholders overwhelmingly support Iberdrola's management at its General Meeting At Iberdrola's General Shareholders' Meeting , held today at Torre Iberdrola, in Bilbao, the group's Executive Chairman, Ignacio Galán , received massive shareholder support for his management and the electrification strategy that the company pioneered more than 20 years ago. The Meeting, with an attendance quorum of more than 75,55%, has approved all the proposals for agreement included in the agenda with an average of votes in favour of 99,4%. Ignacio Galán reaffirmed the company's commitment to value creation: "2024 has been a new record year, thanks to our vision and strategy with which we are providing solutions to the great challenges of the sector while generating wealth, industrial development and employment in the countries where we are present and a lot of value for shareholders." Record results, shareholder remuneration and value creation Thanks to the €17 billion invested in electricity and renewable grids in 2024, the company has further promoted the electrification of the economy and energy autonomy, thus fostering competitiveness and employment worldwide. This effort has allowed Iberdrola to exceed 160,000 million euros in assets and increase net profit by 17%, reaching 5,612 million euros in 2024. With these results, the General Shareholders' Meeting – at the proposal of the Board of Directors – has approved an increase in the dividend by 15% compared to the dividend paid in 2024, to €0.635 per share. This amount is made up of the €0.231 gross per share already paid last January, plus another €0.404 gross per share that would be distributed next July. In addition to this shareholder remuneration, there will also be an engagement dividend of €0.005 gross per share, after having reached a quorum of 70% of the share capital at the Shareholders' Meeting. As a result of the Group's growth and financial strength, Iberdrola's share price is at an all-time high, already consolidated as the leading electricity company in Europe and one of the two largest in the world by capitalisation, with more than 103,000 million euros. Since the arrival of Ignacio Galán in 2001, the share price has gone from 3.5 euros to over 16 euros per share, with a value creation of around 90,000 million euros. In addition to this revaluation, 7.7 euros of shares distributed as dividends are added. As a result, a shareholder who has reinvested his dividends over these twenty years, as most capital does, will have seen his investment multiplied by almost 14 times. Social commitment Galán emphasised that these positive results have been accompanied by a new boost to the commitment to society in all its areas: Iberdrola has continued to increase its purchases to reach 18,000 million euros from its thousands of suppliers in 2024, giving visibility and certainty to a supply chain in which it supports nearly 500,000 jobs worldwide. In addition, last year the company made 6,000 additions – 2,100 from the British ENW, integrated in 2024 – which exceeds 44,000 workers. In 2024, Iberdrola has increased its contribution to the public coffers by 8%, to more than 10,300 million euros. Spain is the country in which it contributes the most with 4,300 million, 14% more than its tax contribution in 2023. Electrification is unstoppable During the presentation, Ignacio Galán reviewed the company's enormous growth prospects thanks to its commitment to electrification: "Our pioneering vision and our successful execution have positioned us as a leader in a sector that will face an extraordinary growth stage in the coming years, as new technological advances make electrification an unstoppable process." He also highlighted the Group's international diversification, especially in the United States and the United Kingdom, its commitment to electricity grids as a vector of growth and its financial strength. Composition of the Council Shareholders have also massively supported the re-election of Ángel Jesús Acebes Paniagua and Juan Manuel González Serna and the ratification and re-election of Ana Colonques García-Planas as an independent director, who joined the Board of Directors last December, as well as maintaining the number of Board members at 14. With these proposals, the structure of the Board is given continuity, with 2 executive members and 12 external members, of which 92% are considered independent. "Due to our governance model, values and trajectory of economic growth and social contribution, we face the future with optimism" Ignacio Galán, Executive Chairman of Iberdrola. READ MORE
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27/05/2025 - 15:00 UTC +02:00Iberdrola holds its Shareholders’ Day in Bilbao with the participation of Ignacio Galán Iberdrola’s Chairman , Ignacio Galán, participated today in the Shareholders’ Day held at Torre Iberdrola in Bilbao, which saw nearly a thousand attendees. As in previous years, the event precedes the General Shareholders’ Meeting 2025, which is scheduled for 30th May in Bilbao. At the event, the Chairman was joined by Asís Canales, Director of Resources and Services for the Iberdrola Group and Company Delegate in the Basque Country. During the event, shareholders had the opportunity to learn, from members of the management team, about the main activities of Iberdrola’s businesses and the various initiatives the group is undertaking to promote employment, economic activity, innovation, and social action. The meeting also reaffirmed the company’s commitment to creating value for society, highlighting the 15% increase in the dividend for shareholders, which will rise to €0.635 per share for the 2024 fiscal year. An additional €0.005 per share will be added if the quorum at the General Meeting reaches 70%. Since the beginning of 2024, Iberdrola’s shares have appreciated, reaching a market value of €100 billion, solidifying its position as the largest utility company in Europe and one of the two largest in the world. The Shareholders’ Day is one of the initiatives the company has launched throughout the year to engage with shareholders. Tenth Anniversary of the Engagement Policy This year, Iberdrola’s shareholder engagement policy celebrates its 10th anniversary. In 2015, the company’s Board of Directors approved this strategy, which is outlined in the company’s Articles of Association and is primarily focused on its thousands of investors. Iberdrola is celebrating this anniversary with a new engagement space for its shareholders. The company, led by Ignacio Galán, was a pioneer in introducing this strategy into its management, which seeks to facilitate shareholder participation in its business project by promoting transparency, active listening, and the effective dissemination of its activities throughout the year, engaging with shareholders not only during the General Meeting. Multiple Ways to Participate Iberdrola shareholders can participate in the General Meeting through a wide range of channels, provided they have at least one share registered since 23rd May. * Shareholders who are members of the OLA Shareholder Club have received a personalised card with a QR code to vote quickly and easily via the website votojunta.iberdrola.com . Club members can also participate by simply entering their share number or Club key on the same website. * This website is also available for all shareholders, whether or not they are Club members, who can register using their share number or electronic signature. * Voting is also possible via instant messaging systems. To vote through this channel, shareholders simply need to send an image of their signed proxy and remote voting card via WhatsApp (to +34 682 333 782) or Telegram (to the Junta Iberdrola account ). * Additionally, an email address, junta2025@iberdrola.es , has been set up for shareholders who prefer to send their signed cards through this channel. * Shareholders who wish to vote by phone can do so by calling the toll-free number 900 100 019. * Finally, the company has set up in-person service points in Bilbao, Madrid, Valencia, Valladolid, and Zaragoza, where shareholders can delegate and vote until Thursday, 29th May. As additional incentives, a bathrobe will be given as a gift to shareholders who visit the in-person service points, and 30 electric bicycles will be raffled among those who participate via the corporate website or the telephone channel. Moreover, the company makes information available to its shareholders continuously and promotes their ongoing engagement throughout the year through the Shareholder Office and an interactive app for members of the OLA Shareholder Club. Additionally, in-person and virtual meetings are held with shareholders in various cities across Spain throughout the year to foster ongoing dialogue, address their concerns, gather their suggestions, and provide them with information about the company. READ MORE
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22/05/2025 - 13:51 UTC +02:00Iberdrola continues its round of meetings with shareholders in Madrid ahead of its meeting on May 30 Iberdrola continued today in Madrid its round of meetings with shareholders at a meeting at Casa de América. The goal of this initiative, which began at the start of the year, is to promote a permanent, fluid and open dialogue with shareholders, who are at the core of Iberdrola's strategy, before holding its 2025 General Shareholders' Meeting on 30 May. Throughout the day, some 700 shareholders are expected to attend various presentations given by Agustín Delgado, Director of Innovation and Sustainability, Ignacio Cuenca, Director of Investor Relations, Julio Castro, CEO of Iberdrola Energía Sostenible España, Eva Mancera, CEO of i-DE, David Martínez, Director of Customer Business Spain, and Ana del Villar, Head of Shareholder Relations at Iberdrola España. In this way, the company continues with the round of meetings that began in January in Valencia and have continued in several Spanish cities. 10th Anniversary of the Engagement Policy This financial year Iberdrola's engagement policy is 10 years old. In 2015, the company's Board of Directors approved this strategy, which is set out in the Bylaws and whose main focus is its thousands of investors. The company chaired by Ignacio Galán was a pioneer in introducing this management strategy, which seeks to facilitate the participation of all its shareholders in its business project by promoting transparency, active listening and effective disclosure of its business activities on an ongoing basis throughout the year, involving them not only when the General Shareholders' Meeting is held. Iberdrola celebrates this anniversary with a new space for shareholder engagement. Multiple ways to participate All Iberdrola shareholders can participate in the meeting through a wide range of channels as long as they have at least one share registered in their name on 23 May. * Shareholders who are members of the OLA Shareholder Club will receive a company card with a personalised QR code to make voting quick and easy over the website votojunta.iberdrola.com . Club members may also participate by simply entering their number of shares or their club password on the same website. * This same website will also be available to all shareholders, whether they are members of the club or not, using their share number or electronic signature. * Voting will also be possible using instant messaging systems. To vote over this channel, shareholders will simply have to send a picture of their signed proxy and remote voting card by WhatsApp (to the number +34 682 333 782) or Telegram (to the Junta Iberdrola account ). * The e-mail address junta2025@iberdrola.es has been opened for shareholders who prefer to send their signed cards this way. * Shareholders who prefer to exercise their voting rights by telephone may do so by calling the toll-free number 900 100 019. * For those who wish to use the postal service, please send your signed card to Post Office Box 1.113, 48080 Bilbao. * The company will make information desks available to its shareholders in Bilbao, Madrid, Valencia, Valladolid and Zaragoza where they can delegate and vote from Wednesday 21 May until Thursday 29 May. As an additional incentive, a bathrobe will be given as a gift to shareholders who come to the in-person points and 30 electric bicycles will be raffled among those who participate over the corporate website or the telephone. The company also provides shareholders with information on a continual basis and promotes their ongoing engagement throughout the year through the Shareholders' Office and an interactive app for members of the OLA Shareholders' Club. In-person and online meetings are also held with shareholders in different cities in Spain throughout the year to foster ongoing dialogue, answer any questions, receive their suggestions and provide them with information about the company. The General Meeting – which Iberdrola is holding at a record high stock market value, with a market capitalisation of more than €100B – will submit to its shareholders the approval of the results for the 2024 financial year, in which the company invested €17B and increased its net profit by 17% to €5.612B. The agenda also includes the proposed distribution of a final dividend of €0.404 gross per share, which, added to the €0.231 interim dividend paid out in January, would bring the total distribution to the hundreds of thousands of savers who invest in the company to €0.635 per share, an increase of 15% over last year. In addition, the company has proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. READ MORE
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20/05/2025 - 11:12 UTC +02:00Iberdrola opens shareholder information desks to drive participation at the General Meeting Iberdrola is taking another step towards promoting participation in the General Shareholders' Meeting to be held on 30 May with the opening tomorrow and until 29 May of its shareholder information desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza. There they will be attended personally and you may delegate your representation or vote with your ID card without needing your proxy and voting card. In addition, you will receive a commemorative gift of a bathrobe even if they have already participated by phone or online. Iberdrola will hold an even more participatory, accessible, personal, sustainable, and innovative meeting this year, making multiple channels available to its shareholders for remote participation and the possibility of attending remotely, in addition to in-person attendance with reserved seating. The General Meeting – which Iberdrola is holding at a record high stock market value of close to €100 B – will submit to its shareholders the approval of the results for the 2024 financial year, in which the company invested €17 B and increased its net profit by 17% to €5.612 B. The agenda also includes the proposed distribution of a final dividend of €0.404 gross per share, which, added to the €0.231 interim dividend paid in January, would bring the total distribution to the hundreds of thousands of savers who invest in the company to €0.635 per share, an increase of 15% over last year. In addition, the company has proposed for the third consecutive year an engagement dividend of €0.005 gross per share (€1 gross per 200 shares) to be paid to all shareholders entitled to participate if a quorum of at least 70% of the share capital is reached. This financial year Iberdrola's engagement policy is 10 years old. In 2015, the company's Board of Directors approved this strategy, which is set out in the Bylaws and whose focus is its thousands of investors. The company chaired by Ignacio Galán was a pioneer in introducing this management strategy, which seeks to facilitate the participation of all its shareholders in its business project by promoting transparency, active listening, and effective disclosure of its business on an ongoing basis throughout the year, including them not only when the General Shareholders' Meeting is held. Iberdrola celebrates this anniversary with a new space for shareholder engagement . Multiple ways to participate All Iberdrola shareholders can participate in the meeting through a wide range of channels as long as they have at least one share registered in their name on 23 May. * Shareholders who are members of the OLA Shareholder Club will receive a company card with a personalised QR code to vote quickly and easily over votojunta.iberdrola.com . Club members may also participate by simply entering their number of shares or their club password over that same website. * That website will also be available to all shareholders, whether they are members of the Club or not, using their electronic signature or share number. * Voting will also be possible via instant messaging systems. To vote over this channel, shareholders will simply have to send a picture of their signed proxy and remote voting card by WhatsApp (to the number +34 682 333 782) or Telegram (to the Junta Iberdrola account). * The address junta2025@iberdrola.es has also been set up for shareholders who prefer to send their signed cards over this channel. * Shareholders who prefer to exercise their voting rights by telephone may do so by calling the toll-free number 900 100 019. * For those who wish to use the postal service, they can send their signed card to Post Office Box 1.113, 48080 Bilbao. * The company will also make on-site service desks in Bilbao, Madrid, Valencia, Valladolid and Zaragoza available to its shareholders where they can delegate and vote from Wednesday 21 May until Thursday 29 May. In addition to the free gift available at the customer service points, 30 electric bicycles will be raffled among those who participate over the corporate website or the telephone channel. In addition, the company provides shareholders with a constant flow of information and promotes their continuous involvement throughout the year through the Shareholders' Office and an interactive app for members of the OLA Shareholders' Club. Face-to-face and online meetings are held with shareholders in different cities in Spain throughout the year to foster ongoing dialogue, answer any questions, receive any suggestions and provide them with information about the company. READ MORE
