Ignacio Galán, Executive Chairman of Iberdrola, today held his first meeting with the Lehendakari, President of the Basque Government, Imanol Pradales, in Vitoria-Gasteiz. The meeting, at the headquarters of the Basque Government (Lehendakaritza), is part of the regular meetings between the Executive Chairman of the company and the authorities of the Basque institutions. The Executive … Continue reading The offshore wind projects won by Iberdrola this summer will mean €3B in purchases from Basque companies
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Avangrid completes installation of 105,000 solar modules at its first photovoltaic plant in California
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that it has installed the final solar modules at its Camino Solar project in California. The Company installed about 105,000 modules over the past four months. “This is great progress for our first solar energy project in California, … Continue reading Avangrid completes installation of 105,000 solar modules at its first photovoltaic plant in California
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Avangrid (Iberdrola) Secures Two Lease Areas in Gulf of Maine Floating Wind Auction
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has secured two lease areas in the auction of sites for offshore wind development in the Gulf of Maine held by the federal Bureau of Ocean Energy Management (BOEM). Avangrid was named provisional winner of lease areas … Continue reading Avangrid (Iberdrola) Secures Two Lease Areas in Gulf of Maine Floating Wind Auction
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Iberdrola and Norges Bank Investment Management close the first 50 MW of photovoltaic power in their 2,500 MW alliance portfolio
Iberdrola and Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has incorporated the first 50 MW (megawatts) of solar PV to their €2 billion renewable energy investment alliance.The Peñarrubia solar PV plant is located Murcia, with a total capacity of 50 MW. This new plant reinforces the strategic alliance of more than €2 … Continue reading Iberdrola and Norges Bank Investment Management close the first 50 MW of photovoltaic power in their 2,500 MW alliance portfolio
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Iberdrola wins two areas in the Gulf of Maine to develop 3.4 GW of offshore wind power
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has secured two lease areas in the auction of sites for offshore wind development in the Gulf of Maine held by the federal Bureau of Ocean Energy Management (BOEM). Avangrid was named provisional winner of lease areas … Continue reading Iberdrola wins two areas in the Gulf of Maine to develop 3.4 GW of offshore wind power
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Highest investment period boosts Iberdrola’s results to record levels
Strong operations underpin growth Increased financial strength Shareholder remuneration: record interim dividend: €0.23 per share, an increase of 14%. Record market capitalisation: Record stock market capitalisation highs (close to €90 billion). Improvement in year-end forecasts: 14% increase in full-year net profit, in line with the growth of the interim dividend. Accelerating the Strategic Plan and seizing … Continue reading Highest investment period boosts Iberdrola’s results to record levels
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EIB and Iberdrola sign 120 million loan for energy innovation projects in Spain
The European Investment Bank (EIB) today signed a EUR 120 million loan with Iberdrola to finance the development of energy technology research and innovation projects aimed at contributing to and accelerating the electrification and decarbonisation of the economy. The total investment associated with the project will be €250 million. The EIB funding will be used … Continue reading EIB and Iberdrola sign 120 million loan for energy innovation projects in Spain
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Iberdrola completes the installation of the wind turbines for the Baltic Eagle offshore wind farm together with Masdar
Turbine installation has been successfully completed at the 476 MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the UAE’S clean energy powerhouse. When fully operational, Baltic Eagle will supply around 475,000 households with renewable energy while reducing carbon … Continue reading Iberdrola completes the installation of the wind turbines for the Baltic Eagle offshore wind farm together with Masdar
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Galán confirms Iberdrola’s commitment to the UK at the International Investment Summit with Starmer
Iberdrola is consolidating its position as one of the major companies in the United Kingdom, and its Executive Chairman Ignacio Galán, in the context of the new British government’s first international investment summit, met with the country’s Prime Minister, Keir Starmer, and other members of the Government to present the electricity company’s new roadmap in the … Continue reading Galán confirms Iberdrola’s commitment to the UK at the International Investment Summit with Starmer
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Electricity distributed by Iberdrola reaches all-time highs
Iberdrola’s distributed electricity has reached an all-time high, registering 177,943 GWh in the first nine months, an increase of 2.5% compared to the same period last year. The good performance in electricity distribution was driven by the recovery of electricity demand in all the markets where the company is present. To respond to this increase … Continue reading Electricity distributed by Iberdrola reaches all-time highs
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Iberdrola, the largest electricity company in Europe and one of the two largest worldwide, has announced plans to more than double its UK investment plans
Through its ScottishPower business, Iberdrola has invested £30 billion in the UK over the last 15 years driven by the country’s clear and stable policies and its predictable regulatory frameworks. On top of this, after the Electricity North West (ENW) integration announced this summer, the UK has already become the Group’s largest investment destination to … Continue reading Iberdrola, the largest electricity company in Europe and one of the two largest worldwide, has announced plans to more than double its UK investment plans
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Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
The project for the construction of the new Alcántara II reversible hydroelectric pumping station, located in Alcántara (Extremadura, in southwest Spain), has obtained a favourable Environmental Impact Statement (EIS), according to a resolution of the Ministry for Ecological Transition and the Demographic Challenge. As a result, the project has a favourable EIS and a permit … Continue reading Green light for Iberdrola’s new reversible pumped-storage hydroelectric power plant in Alcántara (Spain)
Continue readingAvangrid shareholders approve Iberdrola’s takeover of the company
During their Annual General Meeting,Avangrid shareholders approved Iberdrola’s acquisition of 18.4% of Avangrid’s share capital through a merger operation. The transaction received overwhelming support from the company’s shareholders: The acquisition, which began in March, will result in Avangrid being delisted from trading on the US stock exchange. The operation will see the company chaired by Ignacio Galán … Continue reading Avangrid shareholders approve Iberdrola’s takeover of the company
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Iberdrola restores more than 1,000 hectares of wetlands at the Whitelee wind farm in the United Kingdom
ScottishPower Renewables has completed one of the most ambitious peatland restoration projects ever consented to a developer in the UK. The £1.4 million project marks a significant milestone in valuable habitat conservation and climate change mitigation at Whitelee Windfarm, bringing SPRs investment in peatland restoration to £4m to date. Degraded peatlands release harmful greenhouse gases … Continue reading Iberdrola restores more than 1,000 hectares of wetlands at the Whitelee wind farm in the United Kingdom
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MarramWind floating offshore windfarm helps solve WW1 maritime mystery
Data gathered by sonar scans carried out by the Fugro Galaxy during geophysical and environmental surveys for the proposed MarramWind floating offshore windfarm has identified the likely resting place of the SS Tobol, which was torpedoed by a German U-boat in 1917. The shipwreck believed to be that of Tobol was among several discovered … Continue reading MarramWind floating offshore windfarm helps solve WW1 maritime mystery
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Iberdrola strengthens its leadership in offshore wind power with the inauguration of Saint Brieuc, France
This morning (Thursday 19th September) in Brittany, Iberdrola inaugurated the Saint-Brieuc offshore wind farm in France, the second largest in the country, with 496-megawatt (MW) of capacity and an annual production of nearly 2,000 gigawatt hours (GWh). This will make it possible to provide secure, indigenous, and emission-free energy to close to 1 million people. … Continue reading Iberdrola strengthens its leadership in offshore wind power with the inauguration of Saint Brieuc, France
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Photovoltaic energy: from the sun to the panels
Renewable energies offer a wide range of benefits for society, industry and, mainly, for the environment, since they use natural resources such as wind or solar radiation as raw materials, the latter being an abundant and inexhaustible source of energy. We can affirm this by thinking about the large amounts of electromagnetic radiation that reach … Continue reading Photovoltaic energy: from the sun to the panels
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Iberdrola installs modules for the Camino Solar photovoltaic solar power plant (California)
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, has begun installing the first of about 105,000 solar modules at its Camino Solar project in California. With a capacity of 44 MWac (57 MWdc), Camino Solar is expected to generate the same amount of energy consumed by about 14,000 … Continue reading Iberdrola installs modules for the Camino Solar photovoltaic solar power plant (California)
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Avangrid’s New England Wind 1 Project Selected by Massachusetts In Offshore Wind Solicitation
New England Wind 1 to Provide 791 Megawatts of Clean, Reliable Offshore Wind Power to Massachusetts by 2029, Advancing Critical State Climate Targets. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced it has been awarded 791 Megawatts (MW) by the Commonwealth of Massachusetts in the multi-state … Continue reading Avangrid’s New England Wind 1 Project Selected by Massachusetts In Offshore Wind Solicitation
Continue readingIberdrola secures 791 MW of offshore wind power in the United States
Iberdrola has announced that its US subsidiary, Avangrid, has been awarded a contract to build a large-scale offshore wind farm in the State of Massachusetts. This new facility, called ‘New England Wind 1’, will have a capacity of 791 megawatts (MW) and will supply energy to more than 400,000 homes, becoming a key project for … Continue reading Iberdrola secures 791 MW of offshore wind power in the United States
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