Tag Archives: Iberdrola

Avangrid’s Vineyard Wind 1 Begins Wind Turbine Installation Campaign

GE Haliade-X Is First of 62 Wind Turbines that Will Power More than 400,000 Homes and Businesses in Massachusetts. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced the start of the wind turbine installation campaign for Avangrid’s Vineyard Wind 1 project. The installation campaign follows the … Continue reading Avangrid’s Vineyard Wind 1 Begins Wind Turbine Installation Campaign

Continue reading

Iberdrola installs the fifty monopiles of the Baltic Eagle offshore wind farm

Iberdrola has successfully installed all fifty monopiles for the Baltic Eagle offshore wind farm together with its partner Van Oord. The next step in the ongoing construction phase now involves the installation of the transition pieces. These were manufactured by the Spanish company Windar Renovables and temporarily stored in the port of Mukran. The transition … Continue reading Iberdrola installs the fifty monopiles of the Baltic Eagle offshore wind farm

Continue reading

Gisela Pulido sails among wind turbines at the East Anglia One offshore wind farm

Iberdrola ambassador and ten-time world champion, Gisela Pulido, has achieved a challenge never before achieved, sailing her kitesurf board in an offshore wind farm. To do so, she travelled to the North Sea (UK) where one of the largest offshore wind farms in Europe is located, East Anglia One, which, with its 102 windmills, covers … Continue reading Gisela Pulido sails among wind turbines at the East Anglia One offshore wind farm

Continue reading

Iberdrola reinforces its leadership in offshore wind power with the progress of Saint-Brieuc and Baltic Eagle

Iberdrola is reaffirming its leadership in offshore wind with major advances in Saint-Brieuc (France) and Baltic Eagle (Germany). Iberdrola’s Chairman, Ignacio Galán, has recognized the work of employees at the Saint-Brieuc offshore wind farm, the first large-scale offshore wind project in Brittany and the second in France to produce clean energy, and at the Baltic … Continue reading Iberdrola reinforces its leadership in offshore wind power with the progress of Saint-Brieuc and Baltic Eagle

Continue reading

Avangrid develops Artificial Intelligence to maintain maximum grid quality

Iberdrola, through its US subsidiary Avangrid, has launched a Data Science and Analytics team to develop unique and proprietary Artificial Intelligence (AI) systems that will focus on improving the reliability of its grid and maintaining the highest quality standards for its customers. Once completed, these machine learning models will change the way the company approaches … Continue reading Avangrid develops Artificial Intelligence to maintain maximum grid quality

Continue reading

Construction of a photovoltaic plant starts in Texas to supply solar power to Facebook

Iberdrola’s US subsidiary Avangrid has begun construction of the 240 MW True North photovoltaic plant in Falls County (Texas). It will supply clean, renewable energy to power the operations of Meta, the parent company of the social network Facebook, in the region. Since 2020, Meta’s global operations have been supported by 100% renewable energy. The … Continue reading Construction of a photovoltaic plant starts in Texas to supply solar power to Facebook

Continue reading

Iberdrola launches Carbon2Nature to reduce the global carbon footprint

Iberdrola launches Carbon2Nature (C2N) with the mission of developing high-impact nature-based solutions projects that reduce the global carbon footprint, improve biodiversity, and promote a sustainable economy.  The company was born out of the utility’s conviction that investing in nature is essential to act against the climate and biodiversity crisis, while at the same time acting … Continue reading Iberdrola launches Carbon2Nature to reduce the global carbon footprint

Continue reading

Iberdrola encarga a Windar Renovables las piezas de transición del parque eólico marino Windanker

Windar Renovables has signed an agreement with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. This is the sixth project of this type of foundation to date. Production will be carried out at the Avilés facilities, with the collaboration of a large number of Spanish suppliers in the … Continue reading Iberdrola encarga a Windar Renovables las piezas de transición del parque eólico marino Windanker

Continue reading

Iberdrola repowers ScottishPower’s first wind farm

After almost 30 years of service, Scotland’s first commercial windfarm has been powered down in preparation of the site being supercharged to help meet the UK’s Net Zero targets. Operational since 1995, ScottishPower Renewables’ Hagshaw Hill windfarm in South Lanarkshire was at the forefront of wind energy production in Scotland, generating more than 895MWh over … Continue reading Iberdrola repowers ScottishPower’s first wind farm

Continue reading

Filling of the Alto Tâmega reservoir to begin

The construction of the Alto Tâmega Hydroelectric Power Plant continues to progress at a good pace. The civil works are practically finished and the electromechanical assemblies will be completed by the end of 2023, when commissioning will begin. Alto Tâmega, with 160 MW, is the last of the three developments that make up the Tâmega … Continue reading Filling of the Alto Tâmega reservoir to begin

Continue reading

Neoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG

Iberdrola, through its Brazilian subsidiary Neoenergia, and Mitsubishi UFJ Financial Group (MUFG) have signed a 150 million Brazilian real (around €28 million) financing agreement to upgrade the distribution network in Neoenergia Brasilia’s concession area, which serves around 1.1 million customers in the Federal District. This is the first bilateral green loan between the two organisations … Continue reading Neoenergia, Iberdrola’s Brazilian subsidiary, signs its first bilateral green loan with the japanese bank MUFG

Continue reading

Iberdrola finished its first substation for offshore wind power in the United States

Avangrid (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, has unveiled the country’s first offshore wind substation at its Vineyard Wind 1 project, the first large-scale offshore wind farm in the U.S. The company was joined by key stakeholders to offer an exclusive first look at the new substation and … Continue reading Iberdrola finished its first substation for offshore wind power in the United States

Continue reading

Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October

The Vineyard Wind 1 project, a joint venture between Avangrid and Copenhagen Infrastructure Partners, is set to begin generating clean wind power by mid-October. The first-of-its-kind offshore wind project in the United States is expected to be fully operational by next year. Originally, project officials projected that the project would start generating cleaner energy by … Continue reading Vineyard Wind 1 Project to Begin Generating Clean Wind Power by Mid-October

Continue reading

Iberdrola And Vestas Join Forces In The Energy Transition

A future world in which nine billion people live well, within planetary boundaries, requires a set of systemic changes in production, distribution, and consumption. Only then can the current system move from fossil fuels into an electricity model based on renewable energies. “Such a systemic change does not happen without serious investments and long-term partnerships,” … Continue reading Iberdrola And Vestas Join Forces In The Energy Transition

Continue reading

Iberdrola buys two onshore wind farms from Greenvolt Power in Poland

Iberdrola has moved forward with its international expansion by completing the purchase of two onshore wind farms in Poland, owned by Greenvolt Power, a subsidiary of Greenvolt Group. The projects are anticipated to come into operation in the second half of the year, with a combined capacity 50-megawatts (MW), producing enough electricity to power 50,000 … Continue reading Iberdrola buys two onshore wind farms from Greenvolt Power in Poland

Continue reading

Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany

The Baltic Eagle offshore wind farm, which has a capacity of 476 MW, is valued at €1.6 billion according to the terms of the deal · Iberdrola reaffirms its commitment to offshore wind leadership, with 3,000 MW of projects under construction or secured with zero seabed costs· Masdar strengthens existing global wind portfolio amid plans to … Continue reading Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany

Continue reading

Iberdrola invested 10,554 million in the last 12 months

Highlights Second increase in FY 2023 Outlook Financial strength Strategic Plan Execution Commenting on the results, Ignacio Galán, Executive Chairman of Iberdrola, said:  “We continue accelerating in the execution of our Strategic Plan, with investments of more than 10.5 billion euros in the last 12 months, to achieve a Networks Asset Base of 40 billion … Continue reading Iberdrola invested 10,554 million in the last 12 months

Continue reading

Iberdrola signs with Citi and Eksfin a new green loan guaranteed for 500 million euros

Iberdrola has reinforced its liquidity position with a new 500 million euros green loan granted by Citi, and partly guaranteed by the Norwegian Export Credit Agency (Eksfin). The transaction represents the first Eksfin guaranteed financing to a Spanish energy company. The loan, with an average life of nine years, makes it possible to extend the … Continue reading Iberdrola signs with Citi and Eksfin a new green loan guaranteed for 500 million euros

Continue reading

Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany

Masdar, the UAE’s flagship renewable energy company, has signed a strategic agreement with Iberdrola, a global clean energy leader, to co-invest in the 476-megawatt (MW) Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake in the asset, which will help to accelerate green energy security in Europe. … Continue reading Masdar joins Iberdrola to co-invest in the Baltic Eagle wind farm in Germany

Continue reading

Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting

News Back 20/07/2023 Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting Ignacio Galán, Executive Chairman of Iberdrola, during the Avangrid 2023 Annual Shareholder Meeting. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that shareholders overwhelmingly approved all presented proposals at … Continue reading Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting

Continue reading