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08/09/2026 - 13:30 UTC +02:00Iberdrola awards new contracts to Ingeteam and Ormazabal worth €30 million Iberdrola is continuing to strengthen its ties with the Basque industrial sector through new contract awards to leading companies such as Ingeteam and Ormazabal. The contracts were discussed at today's meeting of the company's Executive Committee of the Board of Directors in Bilbao. The Group has awarded Ingeteam contracts worth €25 million for work on battery energy storage systems (BESS) linked to renewable energy facilities in Spain. This technology is playing an increasingly important role in the electricity system, enabling greater integration of renewable energy while providing additional flexibility to the grid. Iberdrola has also awarded Ormazabal a contract worth almost €5 million for the design, manufacture and supply of two mobile substations to enhance the operational capacity of the electricity network. The equipment will strengthen the network's ability to respond to maintenance work, operational incidents and exceptional demand requirements. The new mobile substations have been designed to provide temporary support to network operations and help maintain continuity of supply under a range of operating conditions. The project is aligned with Iberdrola's objective of strengthening the resilience of electricity networks and equipping them with the capabilities needed to respond to an increasingly demanding and dynamic environment. Ingeteam and Ormazabal bring technological expertise and specialist know-how in key areas that are helping to advance electrification. These contracts form part of initiatives to modernise and strengthen electricity networks and expand energy storage capacity, both of which are essential to building a more self-sufficient, secure and competitive electricity system that is fit for the challenges of the future. The contracts will also support the involvement of Basque industrial suppliers in major electricity infrastructure projects and further strengthen a value chain capable of meeting future challenges. In addition, they underline the importance of continuing to invest in backup technologies that help ensure a reliable, high-quality electricity supply and improve network reliability, a key factor in supporting the continued growth of electrification. READ MORE
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26/05/2026 - 15:43 UTC +02:00Iberdrola has supported more than 30,000 jobs in the Basque Country through purchases from local suppliers Iberdrola’s Executive Chairman, Ignacio Galán , has held his traditional meeting with the lehendakari (Basque regional president), Imanol Pradales, at the Lehendakaritza headquarters in Vitoria ahead of the General Shareholders’ Meeting . Galán conveyed the company’s strong commitment to the Basque Country and explained the main effects of the Group’s activity in the region. The combined impact on employment, economic activity and tax revenues reflects Iberdrola’s role as a key player in the economic, industrial and social development of the Basque Country. Over the last five years, Iberdrola has allocated more than €8.4 billion to purchases from Basque suppliers, reinforcing its role as a driving force for the local productive fabric. As a result of its activity, the Group has supported more than 30,000 quality jobs throughout its value chain in the Basque Country. The company has therefore consolidated its position as a key player in boosting the Basque labour market, with a sustained contribution throughout the 2021-2025 period in both the volume and quality of jobs created. Since 2021, Iberdrola has contributed more than €4 billion to the Basque public finances. READ MORE
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10/12/2025 - 10:17 UTC +01:00Iberdrola España collaborates on a corrosion protection project for offshore infrastructure Iberdrola España, the Group's subsidiary in the country , together with the companies GALEA and MENDIETA and the TECNALIA research and technological development centre, have launched a project aimed at developing new sustainable anti-corrosion protection systems for metal structures in offshore environments. This corrosion affects turbines, towers and bases, drastically reducing their useful life and increasing the need for frequent repairs and replacements, significantly raising maintenance costs and affecting turbine efficiency, thereby reducing energy generation and project profitability. It also compromises the structural integrity of the infrastructure, putting the marine environment at risk. This project will help minimise corrosion in marine environments through a duplex protection system that combines zinc coatings and sustainable organic finishes, such as cork, and 0% VOC (volatile organic compound) coatings to increase the service life of metal structures in marine environments. In addition, European regulations establish the promotion and development of coatings with low or zero emissions. You can read the full story in the Iberdrola España Media Room. READ MORE
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19/11/2025 - 15:06 UTC +01:00Iberdrola presents its Global Supplier of the Year Awards in Bilbao Iberdrola held its Global Supplier of the Year Awards at its corporate headquarters in Bilbao – the Iberdrola Tower –attended by the company's partners in countries including Spain, the United Kingdom, Portugal, Croatia, Korea and the Netherlands. The Awards, which brought together more than 100 collaborating companies, were divided into six categories. The Group awarded its Special Supplier of the Year Award to British company KIRBY, with whom it is working with hand in hand to modernise the country's electricity grid. As part of the Group's vocation to achieve a more efficient and resilient energy system, Amazon Web Services (United States) and Electrotécnica Arteche Hermanos (Spain) were awarded in the categories of Digitalization and New Technologies and Innovation, respectively. Supporting Iberdrola's commitment to industrial development and job creation, NKT Cables Portugal was awarded Best Equipment Manufacturer Supplier, and Grupo de Arquitectura y Obra Civil SL GAROC (Spain), Best Works and Services Supplier. Finally, under the umbrella of promoting competitiveness and sustainability, the company recognized the Austrian company Andritz Hydro in the Involvement category and the Croatian company KONČAR – Distribution and Special Transformers Inc. in the Sustainability category. The awards ceremony was attended by, among other company officials, Pedro Azagra, Global CEO of Iberdrola , and Mario Ruiz-Tagle, CEO of Iberdrola España. Pedro Azagra said:"These awards reflect our commitment to a solid, innovative and sustainable supply chain. We recognize the essential role our suppliers play in advancing electrification. A strategy that Iberdrola has been leading for more than two decades under the presidency of Ignacio Galán, to promote a self-sufficient, secure and competitive energy system, capable of responding to global challenges and generating value in each territory where we operate". Iberdrola's supply chain allows it to confidently plan investments and face its electrification plans with renewable energies , smart grids and storage with guarantees. Transformative plan to boost electrification and create value This September in London, Iberdrola presented a new 2025-2028 transformative plan that includes investments of 58 billioneuros, with nearly two-thirds destined to the United States and the United Kingdom. Of this figure, 37 billion euros will be allocated to the field of electricity networks and 21 billion euros to renewable generation projects and customers. These investments will involve purchases worth 65 billion euros from 20,000 suppliers that support 500,000 jobs in the world. In addition, the company plans to make 15,000 new additions to its workforce in the next four years and make a tax contribution of 40 billion euros to the countries where it operates. READ MORE
