NEWS: COMMITMENT TO OUR SUPPLIERS

Initiatives

2017 SUPPLIER OF THE YEAR AWARDS

Iberdrola presented the 2017 Spanish Supplier of the Year Awards at the Iberdrola Tower building on 17 October, with the purpose of incentivizing and recognising the employment of women and young persons, respect for the environment, innovation and technological development, social commitment, internationalisation, diversity and equal opportunities and the prevention of occupational risks in the corporate management practices of its suppliers.

Francisco Martínez Córcoles, Chairman of Iberdrola Spain, stressed that "the purpose of these awards is to act as an incentive that drives the on-going improvement of corporate management, because you, our commercial partners, are a key element to consolidating us as the energy company of the future".

Arteche has received Iberdrola's 2017 Special Award for the Top Supplier of the Year in Spain. Another 18 companies received an award during the ceremony. Altogether Iberdrola made purchases valued at €7,500 million to over 18,000 suppliers during 2016.

AGREEMENT WITH ORMAZABAL

Iberdrola has awarded Ormazabal with a contract for the supply of automatic transfer switches for transformer stations in the STAR project. Medium-voltage cells will be installed at these centres along with remotely managed panels that will make the grid even smarter.

The STAR project is an ambitious initiative by Iberdrola that aims to transform the technology in the field of smart grids allowing 10.6 million traditional meters to be replaced by new smart equipment and 84,000 transformer centres to be adapted.

This contract has been awarded for an annual sum of more than EUR 10 million and will last for 24 months.

Smart grids.#RRSSSmart grids.