[1.5] Key milestones of 2020

January

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At the Davos Forum, Ignacio Galán highlighted the role of electrification for the success of the Green Deal.

Icon Iberdrola

Member of the Global 100 Most Sustainable Corporations and Bloomberg Gender Equality indexes.

February

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Presentation of 2019 results: Record net profit of €3,406 million.

March

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Plan to accelerate recharging infrastructure in Spain, with an investment of over €150 million, to reach over 150,000 recharging points over the next 5 years.

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Launch of the plan to combat COVID-19:

  • Award of procurement contracts totalling €2,900 million
  • Guarantee of electricity supply
  • Donation of healthcare material
  • Plan to assist customers with bill payments

April

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Inauguration of the Núñez de Balboa photovoltaic power plant, the largest in Europe to date.

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Mobilisation of 1,000 volunteers in social initiatives to combat COVID-19.

May

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Signing of a collaboration agreement with Mazda for the promotion of electric mobility in Spain.

Icono mundo

Presentation by the EU of the Green Deal.

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Acquisition of the French renewables company Aalto Power.

June

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Agreement for the development of the largest portfolio of offshore wind farm projects in Sweden, with a total of 9 GW.

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Startup of the Cavar wind farm (Spain).

July

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Inauguration with Fertiberia of the largest green hydrogen plant for industrial use in Europe.

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First company to achieve the worldwide AENOR certification of its action plan against Covid-19.

Icono fabrica

Signing by Avangrid Renewables of an energy supply agreement with Apple.

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Signing of a strategic collaboration agreement with SEAT and Volkswagen Group for the promotion of electric mobility in Spain.

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Iberdrola celebrates eleven consecutive years as a member of the FTSE4Good index.

August

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Inauguration of the East Anglia ONE offshore wind farm in the United Kingdom, the company’s largest to date.

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Award of the contract for the construction of three new wind projects in Greece.

Icono central fotovoltaica

Award of a new hybrid project (photovoltaic with storage) in Portugal.

September

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Commencement of the 2021 Iberdrola Social Program (Fundación Iberdrola España), aimed at mitigating the negative impact of COVID-19 on the most vulnerable groups.

Icono parque eólico marino

Acquisition of a Japanese developer to develop the 3.3 GW offshore wind portfolio in that country.

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4,000 volunteers participate in the company’s International Volunteer Day.

October

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Icono central fotovoltaica

Construction of Iberdrola’s first hybrid solar-wind plant in the world begins in Australia.

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Icono casas

Acquisition of PNM Resources, a power company operating in New Mexico and Texas (USA), with approx. 790,000 supply points and 2.8 GW of installed capacity.

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Completion of largest issue in its history in record time, in the amount of €3,000 million.

November

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Publication of the first Diversity and Inclusion Report, covering the company’s strategic initiatives in this area.

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Iberdrola launches a plan to invest €75,000 million by 2025 as a decisive contribution to the economic recovery.

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Presentation of the Trees programme for the reforestation of 8 million trees by 2030.

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Signing of a strategic collaboration agreement with Porsche for the promotion of electric mobility in Spain.

December

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Iberdrola reforms its governance and sustainability system, based on ESG standards.

Icono red eléctrica

Acquisition, through Neoenergia, of the Brasilia distributor CEB-Distribuição, which supplies electricity to 3 million people.

Icono parque eólico marino

Acquisition of a stake in the Polish market for the joint development of offshore wind projects of up to a total of 7.3 GW.