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07/10/2025Ignacio Galán and Iberdrola, recognised as Best Chief Executive Officer and Best European Energy Company at the Extel Europe Awards Iberdrola’s Executive Chairman , Ignacio Galán, has been recognised as the Best Chief Executive of European utilities at the prestigious Extel Europe & Emerging EMEA Equities Awards 2025. This recognition joins the other six awards that the company has received: Best Investor Relations Team of all energy companies; Best CFO; Best Board of Directors; Best ESG Program; Best Investor Relations Program; and Best Capital Markets Day, in the utilities sector. These awards consolidate Iberdrola, the leading European electricity company by market capitalisation and one of the two largest in the world, as a leader in transparency, financial communication and commitment to its shareholders , and endorse its excellence in business management. Since the presentation of the Strategic Plan on September 24, Iberdrola has increased its capitalization by more than €3 billion, surpassing €108 billion and reaching an all-time high. The awards from Extel, a firm specialising in investor relations analysis, are based on independent surveys of 110 investment and research firms, with the participation of 156 industry professionals, including financial analysts, fund managers and portfolio managers. The award ceremony was held in London and brought together more than 250 experts from the financial field. Presentation of the Strategic Plan 2025-2028 in London The Group recently held its Capital Markets Day in London, where it presented its 2025-2028 Strategic Plan to the financial and investment community. This plan aims to transform Iberdrola's profile towards a more regulated company, with networks as a vector for growth. Iberdrola announced investments of 58 billion euros during the period to promote the electrification of the economy and the new needs of electricity grids. Of that amount, two-thirds will go to transmission and distribution networks, mainly in the United Kingdom and the United States. With more than 150 years of experience, Extel – originally founded as Exchange Telegraph Company – has established itself as a recognized authority in investor relations analysis. Its rankings, based on the Extel Surveys, stand out for their objectivity and methodological rigor, and constitute a key tool to improve performance and guide strategic decision-making in organizations. READ MORE
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30/09/2025Iberdrola reinforces its co-investment alliance with Norges Bank adding 708 MW of renewables Iberdrola increases its co-investment alliance with Norway's sovereign wealth fund, managed by Norges Bank Investment Management, with the contribution of an additional 708 MW of renewable capacity corresponding to the photovoltaic installations of Ceclavin, with 328 MW and Tagus XL with 380 MW, both located in Extremadura (Spain). As in previous additions to this Joint Venture, Iberdrola will retain a majority stake of 51 % in these assets. This new agreement consolidates the co-strategic alliance of 2,500 MW renewable portfolio and more than 2 billion euros of co-investment in Spain and Portugal, which already includes other operational projects, thus reaching nearly 900 MW in operation in the joint venture. Other assets currently in an advanced stage of construction are expected to be contributed in the near future to the joint venture, created in 2023 to accelerate electrification , initially in Iberia and potentially in other geographies. Specifically, Ceclavin and Tagus XL already produce clean energy to supply more than 885,000 people a year in the region of Extremadura and contributes to avoiding the emission of 100,000 tonnes of CO2. A long-term partnership Norges Bank Investment Management has assets under management of around €1.7 trillion and stakes in more than 9,000 companies. It owns on average 1.5 % of all listed companies in the world and 2.5 % of all listed companies in Europe. Norges Bank Investment Management has been one of Iberdrola's largest shareholders for more than seven years, with a stake of close to 3 %. Building on this relationship, Norges Bank Investment Management joined forces with Iberdrola to make its first direct investment in renewable assets in Spain. Two leaders in their sectors, Iberdrola –the largest utility in Europe by market cap– and Norges Bank Investment Management –one of the largest sovereign wealth funds in Europe– are thus strengthening a long-term alliance that could be extended to additional renewable opportunities in other geographies. Transactions to grow In recent months, Iberdrola has signed and closed several transactions , including long-term alliances to drive the decarbonisation of the economy. Noteworthy examples include the acquisition of an additional 30% of its Brazilian subsidiary Neoenergía from PREVI , reaching approximately 84% of the capital or its partnership with Masdar to co-invest €5.2 billion in the 1.4 GW East Anglia THREE offshore wind farm in the United Kingdom. READ MORE
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25/09/2025 - 10:51 UTC +02:00Neoenergia extends concession agreement for its Pernambuco distributor to 2060 Neoenergia Pernambuco, Iberdrola's subsidiary’s distributor in Brazil , has just become the first electricity distributor in the country to obtain an early extension of its concession agreement from the Ministry of Mines and Energy. Five years ahead of schedule, the new agreement guarantees the company the possibility of bringing forward investments of around €1B until 2029, accelerating improvement of the electricity system and benefiting more than 4 million customers throughout the state. Over the last 25 years, Neoenergia has invested more than €3.17B in Pernambuco, promoting the modernisation, digitalisation and expansion of electricity grids. Neoenergia Pernambuco's process was approved by Brazil's National Electric Energy Agency and the Ministry of Mines and Energy after a careful assessment of the distributor's supply quality and economic and financial health KPIs. The company demonstrated continuity and reliability of service, as well as the ability to maintain the investments required annually by the concession. You can read the full story at Neoenergia's Media Room. READ MORE
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24/09/2025 - 09:00 UTC +02:00Iberdrola will invest €58bn to 2028 (+30%) to accelerate growth in Networks in US & UK Ignacio Galán, Iberdrola’s Executive Chairman, said: This plan aims to transform Iberdrola's profile into a more regulated company, with networks as a vector for growth. We will invest €58 bn by 2028, two-thirds of which will go to transmission and distribution networks, mainly in the United Kingdom and the United States. We expect to achieve a net profit of €7,6 bn in 2028, with around €20 bn allocated to dividends between 2024 and 2028. During this period, we will add more than 15.000 people to our workforce, make purchases of more than €65 bn to thousands of suppliers –supporting 500,000 jobs–, our tax contribution will exceed €40 bn, and we will invest €1,600 bn in R&D&I, while also achieving carbon neutrality by 2030. READ MORE
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22/09/2025Iberdrola receives "Best Annual Report" award for excellence in sustainability communication Iberdrola was honoured with the Best Annual Report award at the 2025 Content Marketing Awards organised by the Content Marketing Institute (CMI), one of the most influential organisations in content marketing. This international recognition, which highlights the quality and editorial strategy of the electricity company's 2024 'Integrated annual report and sustainability information' , confirms the company as a benchmark in corporate communication. Iberdrola's document presents the group's main milestones in terms of sustainability , electrification and social commitment and has been praised for its clear and consistent structure, as well as for its use of multimedia resources that strengthen transparency and effectiveness in the dissemination of its information. Each year, the Content Marketing Awards recognise organisations that demonstrate excellence in the planning, execution and presentation of corporate content. The jury is made up of experts in communication, branding and digital strategy from around the world who evaluate criteria such as creativity, clarity of message and reputational impact. This award is in addition to the one recently given by the League of American Communications Professionals (LACP), which named Iberdrola the world's best utility in sustainability reporting, and the special recognition at the ARC Awards 2025 for the Chairman's Letter introducing the 2024 Annual Integrated Report and Sustainability Information. READ MORE
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18/09/2025 - 17:05 UTC +02:00Iberdrola sells its business in Hungary for a total consideration of €171 million Iberdrola has reached an agreement to sell 100% of the shares of Iberdrola Renovables Magyarország KFT, which owns its business in Hungary, to a consortium formed by Premier Energy—who previously acquired the company’s assets in Romania in 2024—and to the Hungarian group iG TECH CC. Through this transaction, the Group will receive €171.2 million for the shares of the company and a dividend distributed prior to closing. The assets sold include 158 megawatts (MW) of operational wind capacity , commissioned by Iberdrola since entering the country in 2008. These assets will shortly be selling their energy in the wholesale market, once the regulatory 15-year tariff period ends. Currently, 124 MW are already operating in the free market, and the remaining 34 MW will do so in less than a year. The transaction is subject to ordinary regulatory approvals. This deal is part of Iberdrola’s strategy to focus its investments on key businesses and markets, mainly in networks in the United States and the United Kingdom , and in regulated or long-term contracted generation, where income stability and predictability are maximized. It is also fully in line with the concentration of activities of Iberdrola Energía Internacional to focus on core EU markets and in Australia . During 2025, Iberdrola has announced several long-term strategic alliances and asset rotation transactions . These include the recent agreement for the sale of its businesses in Mexico , and its partnership with Masdar to co-invest €5.2 billion in the 1.4 GW East Anglia THREE offshore wind farm in the United Kingdom. READ MORE
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11/09/2025 - 07:02 UTC +02:00Iberdrola, to reach 84% of Neoenergia’s share capital in Brazil after the purchase of PREVI’s stake for 1.88 billion euros Iberdrola has reached an agreement to acquire the stake of Caixa de Previdência dos Funcionários do Banco do Brasil (“PREVI”) in Neoenergia , reinforcing its position as majority stakeholder. The transaction contemplates the purchase of PREVI’s 30,29% stake in Neoenergia, so that Iberdrola will control 84% of the company’s share capital, approximately. The price agreed, 32.5 Brazilian reails per share, will imply a cash consideration of 11.95 BRL billion – around 1.88 billion euros. The transaction is subject to the applicable regulatory approvals and is expected to be closed in the next months. Neoenergia supplies electricity to close to 40 million Brazilians through 5 distribution companies (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 largest distribution Group in Brazil by number of customers. Neoenergia has more than 725,000 km of distribution lines and 8,000 km of transmission lines, as well as 3,800 MW of renewable generation , mainly hydroelectric. In 2024, Neoenergia became the Brazilian company invested most in basic infrastructures across the country, more than 9.8 billion reais (1.5 billion euros), to expand, upgrade, maintain and automatize its networks. In the coming years, the company faces strong growth prospects thanks to the expected increase in investments in regulated Networks with attractive regulatory frameworks. The operating excellence of Neoenergia’s distribution companies was recently reflected in the awards granted by ABRADEE , the Brazilian Association of Distribution Companies, in which two of its subsidiaries (Neoenergia Cosern, in Rio Grande do Norte, and Neoenergia Elektro, in Sao Paulo and Matto Grosso do Sul) were ranked top 1 and 2 as “Best distribution company”. In total, Neoenergia obtained 8 awards out of 12: ‘Best company’ in Brazil and in the North East region (obtained by Neoenergia Cosern, the Rio Grande do Norte distribution company); best distribution company in the South East, best Management Quality, best Innovation Management and best Operating Management (obtained by Neoenergia Elektro) and best Performance Evolution (to Neoenergia Brasilia, in recognition of the company’s strong operating improvement following its integration in the Group in 2020). With this transaction, Iberdrola takes a further step in its growth strategy based on electricity Networks businesses, with 1.4 million km of power lines in the US, the UK, Brazil and Spain. READ MORE
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09/09/2025 - 14:05 UTC +02:00Iberdrola completes the sale of its smart meter business in the United Kingdom Iberdrola has completed the sale to Macquarie of 100% of SP Smart Meter Assets Limited (SPSMAL), ScottishPower’s subsidiary responsible for managing its around 2.9 million meter smart meter business in the United Kingdom, for around £900 million (€1.06 billion). The transaction aligns with Iberdrola’s strategy to concentrate its investments in regulated networks. This will drive total UK investments to £24 billion between 2024 and 2028, primarily in transmission and distribution networks , as well as in renewable generation. ScottishPower will continue working with Macquarie to support the rollout of smart meters among its customers while focusing on network development. Macquarie is one of the UK’s leading independent providers of electricity meters, now managing over 13 million devices, of which over 10 million are smart meters. Through ScottishPower, Iberdrola has been present in the United Kingdom for 20 years, having invested more than £35 billion in transmission and distribution networks and renewable generation. After the acquisition of Electricity North West (ENW), ScottishPower became the country’s second largest distribution network operator, delivering electricity to 12 million people with a total asset base of around £14 billion. The company holds three distribution licences in Scotland, England and Wales and a transmission licence in Scotland, and operates 170,000 kilometres of lines. Currently, ScottishPower, employs more than 8,000 people and supports 70,000 jobs across its supply chain thanks to annual purchases of around £6 billion. With this transaction, Iberdrola has already surpassed €14 billion in asset rotation and strategic partnerships since the beginning of the current Rotation Asset plan in 2024. The Group continues concentrating investments in key businesses and markets, primarily networks in the United States and the United Kingdom, as well as in generation under long-term contracts or regulated. READ MORE
