Honda de México signed a contract with Iberdrola México to supply 100% renewable energy to its manufacturing plants in Celaya, Guanajuato, and El Salto, Jalisco, which will contribute to reducing its carbon footprint. “Honda is taking an important step toward the future, moving toward a carbon-free society through our ‘Triple Action to Zero’ initiative. Through … Continue reading Iberdrola Mexico joins forces with Honda to supply wind energy to its manufacturing plants
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Masdar and Iberdrola Negotiate Strategic Alliance for UK’s Largest Offshore Wind Farm
The relationship between Iberdrola and Masdar has borne fruit in projects such as the Baltic Eagle wind farm in Germany, but Masdar’s potential entry into East Anglia represents an even greater challenge for both groups.Iberdrola is negotiating an alliance with Masdar of the United Arab Emirates to boost its large-scale offshore wind project in East … Continue reading Masdar and Iberdrola Negotiate Strategic Alliance for UK’s Largest Offshore Wind Farm
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UK CMA clears Iberdrola’s acquisition of Electricity North West
Today, the UK Competition and Markets Authority (CMA) cleared the acquisition of an 88% shareholding in the electricity distribution network operator Electricity North West (ENW) by Iberdrola, S.A., through its subsidiary ScottishPower. The acquisition is part of Iberdrola’s strategy to strengthen its networks business in countries with strong ratings, such as the UK. Iberdrola, through … Continue reading UK CMA clears Iberdrola’s acquisition of Electricity North West
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Iberdrola and Air Liquide Sign Wind Energy PPA
The energy generated by three onshore wind farms will support the gas company’s operations in Spain and Portugal. Under the agreement, Iberdrola will supply Air Liquide with green electricity from 25 MW of wind farms in northern Spain. The energy will be supplied from three onshore wind projects to support the gas company’s operations in … Continue reading Iberdrola and Air Liquide Sign Wind Energy PPA
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Iberdrola explores electrification of UK offshore wind operations
Offshore windfarms could be serviced by battery-powered zero-emission vessels charged from the windfarm’s very own turbines in the future, a study by leading green energy company, ScottishPower Renewables, and Stillstrom by Maersk has found. The study is the first in a series of three commissioned by ScottishPower Renewables (SPR) to explore options for decarbonising offshore … Continue reading Iberdrola explores electrification of UK offshore wind operations
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Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity
Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it is approaching 10.5 Gigawatts (GW) in installed energy generating capacity spread across the Company’s portfolio. With assets in 24 states and growing, Avangrid’s generating capacity is capable of powering about 3.1 million average U.S. homes. “With Americans across the … Continue reading Avangrid (Iberdrola) Approaches Milestone of 10.5 GW Installed Energy Generating Capacity
Continue readingRecord investment of €17 billion boosts Iberdrola’s net profit to €5.612 billion, up 17%
Performance ahead of 2026 Strategic Plan goals, driven by increased demand in all countries Watch the webcast of the Full-Year Results 2024 Presentation here Accelerating growth Record investments of €17 billion, up 50% Increasing robustness Proposed dividend: €0.635 per share, up 15% Strong boost to the social dividend 2025 Outlook: improved forecasts Next Capital Markets … Continue reading Record investment of €17 billion boosts Iberdrola’s net profit to €5.612 billion, up 17%
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Iberdrola begins commissioning of the Valdecañas pumped storage hydroelectric power plant in Spain
Iberdrola Spain has begun commissioning the first group of the Valdecañas pumping station in Cáceres (Extremadura), which has a total capacity of 225 MW and includes a 15 MW hybrid battery and 7.5 MWh of stored energy. The combination of batteries and hydroelectric groups allows for increased storage in the Tajo system to 210 GWh … Continue reading Iberdrola begins commissioning of the Valdecañas pumped storage hydroelectric power plant in Spain
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Iberdrola and Kansai expand their strategic alliance to accelerate electrification in different countries
Iberdrola and the Japanese electricity company Kansai announced today the extension of their strategic alliance with the aim of accelerating electrification globally. This collaboration will focus on various electricity grid and renewable energy projects in different countries. Both companies see this new agreement as a strategic milestone that will allow them to jointly explore other … Continue reading Iberdrola and Kansai expand their strategic alliance to accelerate electrification in different countries
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Construction underway on subsea electricity superhighway
Construction has started on a subsea electricity superhighway which will help expand the grid for the future. As well as supporting long-term local development for regional communities playing host to the critical electricity infrastructure. Eastern Green Link 1, a joint venture between SP Energy Networks and National Grid Electricity Transmission, will transport green electricity for … Continue reading Construction underway on subsea electricity superhighway
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Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth
Avangrid, Inc., a leading energy company and member of the Iberdrola Group, is helping deliver energy to the organizations operating data centers that will power the AI revolution, and actively working to bring more reliable electricity generation online to support growing demand. According to a December report from the U.S. Department of Energy, data center … Continue reading Avangrid to Construct New Projects to Meet Surging Energy Demand from AI Data Center Growth
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Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm
Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced the signing of a short-term Power Purchase Agreement (PPA) with American Municipal Power, Inc. (AMP) for a portion of the energy produced from Avangrid’s Blue Creek project located in Ohio. The new PPA will ensure Blue Creek continues to supply reliable … Continue reading Iberdrola signs PPA with AMP to provide wind energy to Ohio from the Blue Creek wind farm
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Iberdrola inaugurates the operation and maintenance base for the Saint-Brieuc offshore wind farm in France
Iberdrola has inaugurated the operation and maintenance (M&O) centre in Saint-Brieuc, where 80 people will work. The offshore wind farm is part of the strategic challenges of energy independence, decarbonisation and industrial renewal in France. The centre, located in Binic-Établesm, controls and manages the electricity production and maintenance of the park 24 hours a day, … Continue reading Iberdrola inaugurates the operation and maintenance base for the Saint-Brieuc offshore wind farm in France
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Iberdrola to supply wind power to Italian car parts manufacturer Agrati in France
This wind farm comprises 5 wind turbines with a total output of 10.25 MW. An annual output of 21 GWh/y will be sold to AGRATI starting in 2025. Iberdrola to supply 105 GWh of green electricity to AGRATI through a power purchase agreement (PPA). Iberdrola’s Florembeau wind farm in Créquy will supply renewable energy to … Continue reading Iberdrola to supply wind power to Italian car parts manufacturer Agrati in France
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Iberdrola collects the first honey harvest from its photovoltaic plants in Portugal
Iberdrola has harvested its first crop of solar honey in Portugal, produced at the Conde (municipality of Palmela) and Algeruz II (municipality of Setúbal) photovoltaic plants. The initiative, which began in 2023, has borne its first fruits with 300 kilos of this 100 % natural food. As part of the Convive Plan, the project seeks … Continue reading Iberdrola collects the first honey harvest from its photovoltaic plants in Portugal
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Iberdrola, the world’s leading private utility in terms of R&D&I investment for the third year running
Iberdrola has been recognised for the third consecutive year as the world’s leading private utility in terms of investment in innovation and development, according to the European Commission in its report ‘The 2024 Industrial R&D Investment Scoreboard‘, after allocating €384 M to the area in 2023. The European Commission has analysed the 2,000 largest companies … Continue reading Iberdrola, the world’s leading private utility in terms of R&D&I investment for the third year running
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Iberdrola builds its sixth photovoltaic installation in the state of Oregon, in the United States
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Portland General Electric (PGE) (NYSE: POR), are announcing the signing of a Power Purchase Agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, Oregon, in collaboration with QTS … Continue reading Iberdrola builds its sixth photovoltaic installation in the state of Oregon, in the United States
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ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
ScottishPower Renewables’ East Anglia TWO offshore windfarm has given a further boost to the UK economy with confirmation that Watford-based Taylor Woodrow is the latest addition to the supply chain family for its £4 billon offshore windfarm off the coast of Suffolk. The contract will see the leading construction company deliver the civil engineering works … Continue reading ScottishPower Renewables welcomes Taylor Woodrow to East Anglia TWO
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Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
Iberdrola has placed a 99 MW order for the repowering of the Molar de Molinar and Isabela wind farms, located in Castilla-La Mancha, Spain. The contracts include the supply and installation of 11 V150-4.5 MW wind turbines and 11 V136-4.5 MW wind turbines respectively, as well as a 10-year Active Output Management (AOM 4000) service … Continue reading Vestas secures 99 MW order for wind power repowering at Molar de Molinar and Isabela wind farms in Castilla-La Mancha, Spain
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Iberdrola completes merger with Avangrid
Iberdrola today completed its merger with US subsidiary Avangrid after acquiring the 18.4% of the shares it did not already control. Avangrid shareholders will receive $35.75 per share, and the company will be delisted from the New York Stock Exchange. The operation was completed after the green light was given by the Federal Energy Regulatory … Continue reading Iberdrola completes merger with Avangrid
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