Tag Archives: Iberdrola

EIB Supports Iberdrola’s Green Grid Expansion with €700 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has approved a €700 million green loan to facilitate the expansion of Iberdrola’s electricity distribution grid in Spain, aiming to enhance the integration of renewable energy sources and enable new uses such as … Read the full press release

Iberdrola Spearheads Global Initiatives for Women in Energy Sector

(IN BRIEF) Despite comprising nearly half of the global workforce, women represent only 22% of the energy sector, with 32% involvement in renewables. Iberdrola, acknowledging this gender disparity, leads various programs across Spain, the UK, the US, Mexico, Brazil, and … Read the full press release

Skanska Hosts CEO Alliance Meeting for Accelerating Europe’s Climate Transition

(IN BRIEF) On February 1, 2024, Skanska organized the CEO Alliance meeting at the European Spallation Source (ESS) in Lund, Sweden, where CEOs of member companies from various industries convened to discuss collaborative strategies for sustainable business development and innovation. … Read the full press release

Iberdrola’s Chairman Advocates Energy Storage and Local Community Involvement for Renewable Expansion at Davos Forum

(IN BRIEF) Ignacio Galán, the Executive Chairman of Iberdrola, stressed the significance of energy storage in accelerating investments in renewables during his participation in the Davos Forum session on tripling renewables. Galán emphasized the need for investments in electricity distribution … Read the full press release

Iberdrola Secures €300 Million Loan from World Bank’s IFC for Renewable Projects in Fossil Fuel-Dependent Nations

(IN BRIEF) Iberdrola has entered into a loan agreement with the International Finance Corporation (IFC), the private sector investment arm of the World Bank, for €300 million, linked to ESG criteria, to support renewable energy projects in countries heavily reliant … Read the full press release

Iberdrola Initiates Vineyard Wind I: The First Large-Scale Offshore Wind Farm in the US

(IN BRIEF) Iberdrola has commenced the commissioning of the Vineyard Wind I offshore wind farm, marking the first major offshore wind project of its kind in the United States. With a capacity of 806 MW, the facility has begun supplying … Read the full press release

Iberdrola Receives Environmental Approval for Spain’s First Hybrid Photovoltaic and Hydroelectric Plant

(IN BRIEF) Iberdrola has achieved a significant environmental milestone with the approval of Spain’s inaugural hybrid photovoltaic and hydroelectric plant, known as HIDRO Cedillo. The project, located in Extremadura’s municipality of Cedillo, is set to boast an impressive capacity of … Read the full press release

Iberdrola Secures €5.3 Billion Credit Facility with ESG Commitment

(IN BRIEF) Iberdrola, a major energy company, has secured a €5.3 billion credit facility in its largest-ever financing deal. This credit line, signed with 33 international banks, is linked to sustainability objectives, including reducing greenhouse gas emissions by 2030 and … Read the full press release

Iberdrola’s Commitment to Innovation Garners Second Consecutive Recognition from European Commission

(IN BRIEF) Iberdrola, a major energy company, has received recognition as the world’s leading private utility for investment in innovation and development, marking its second consecutive year of achievement in this regard. The European Commission’s report, ‘The 2023 Industrial R&D … Read the full press release

Green Energy Initiative: Iberdrola and bp pulse’s €1 Billion Plan for High-Speed EV Charging Across Iberia

(IN BRIEF) Iberdrola and bp pulse have officially launched their joint venture, aiming to create an extensive high-speed electric vehicle (EV) charging network in Iberia. The venture plans to invest €1 billion and deploy 5,000 charging points in Spain and … Read the full press release

Iberdrola Partners with Lisbon City Council to Illuminate Historic City Hall

(IN BRIEF) Iberdrola, through its Foundation, has entered into a collaborative agreement with the Lisbon City Council to undertake an ornamental lighting project for the Paços do Concelho. The project involves the replacement and refurbishment of the lighting on the … Read the full press release

Iberdrola’s Solar Community to Save Residents 40% on Energy Bills in Madrid

(IN BRIEF) Iberdrola has installed Spain’s largest solar community at the Nexum Retail Park in Fuenlabrada, Madrid. This solar initiative enables 1,100 nearby households to access 100% renewable energy, saving up to 40% on energy costs without needing individual installations. … Read the full press release

Iberdrola Deutschland Wins Bid to Develop Wind Farms for Renewable Energy in Germany

(IN BRIEF) Iberdrola Deutschland has secured the rights to three wind energy sites in the latest tender held by Forst Baden-Württemberg (ForstBW). These wind farms, covering a total of 790 hectares, are expected to feature around 25 wind turbines and … Read the full press release

Green Electricity Deal: Iberdrola and TMD Friction Services Join Forces

(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release

Iberdrola Forms Strategic Partnership with Enlit to Host Enlit Europe 2025 in Bilbao

(IN BRIEF) Iberdrola has forged a strategic alliance with Enlit, a prominent media and events company in the European energy transition sector. This collaboration will culminate in Bilbao hosting the Enlit Europe conference and exhibition in 2025 at the Bilbao … Read the full press release

Iberdrola’s Baltic Eagle Wind Farm Advances with Monopile Anchoring

(IN BRIEF) Iberdrola, in partnership with Van Oord, has successfully installed 50 monopiles for the Baltic Eagle offshore wind farm. These vital components were manufactured by EEW SPC and transported to the construction site, anchored in the seabed to support … Read the full press release

Neoenergia Secures Transparency 2023 Trophy, Showcasing Ethical Governance and Financial Clarity

(IN BRIEF) Neoenergia, a prominent integrated energy company in Brazil, has been honored with the Transparency 2023 Trophy by the National Association of Finance, Management and Accounting Executives (Anefac). This prestigious award, received for the third consecutive year, recognizes Neoenergia’s … Read the full press release

Iberdrola Makes Strides in Offshore Wind Leadership with Saint-Brieuc and Baltic Eagle Projects

(IN BRIEF) Iberdrola, a prominent energy company, is making significant progress in its offshore wind initiatives with notable achievements in the Saint-Brieuc and Baltic Eagle projects. The Saint-Brieuc offshore wind farm, the second-largest in France, is near completion despite challenges … Read the full press release

Iberdrola Mexico Joins Forces with Pride Connection to Enhance LGBT+ Workplace Inclusion

(IN BRIEF) Iberdrola Mexico has joined forces with Pride Connection to launch a comprehensive initiative focused on fostering LGBT+ inclusivity and eradicating workplace discrimination. The collaboration involves commitments laid out in a decalogue that aims to create safe spaces, raise … Read the full press release

Avangrid Launches Data Science Team to Enhance Grid Reliability through Proprietary AI Systems

(IN BRIEF) Iberdrola’s subsidiary Avangrid has established a Data Science and Analytics team to develop proprietary AI systems aimed at enhancing grid reliability and customer service quality. The team comprises seven data scientists, engineers, and analysts, creating three distinct AI … Read the full press release

Iberdrola Launches Carbon2Nature: Pioneering Global Carbon Reduction through Nature-Based Solutions

(IN BRIEF) Iberdrola has introduced Carbon2Nature (C2N), a new company focused on nature-based solutions to reduce global carbon footprints. The initiative aims to capture and store over 61 million tonnes of CO2 through projects that generate high-quality carbon credits. C2N … Read the full press release

Windar Renovables to Manufacture 21 Transition Pieces for Iberdrola’s Windanker Offshore Wind Farm

(IN BRIEF) Windar Renovables has secured a contract with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. The transition pieces will be produced at Windar Renovables’ Avilés facilities, with collaboration from Spanish suppliers. … Read the full press release

Iberdrola’s Alto Tâmega Hydroelectric Power Plant Nears Completion, Marking Milestone in Portugal’s Energy Landscape

(IN BRIEF) The Alto Tâmega Hydroelectric Power Plant construction is progressing well, with civil works almost complete and electromechanical assemblies set to finish by the end of 2023. Part of the Tâmega complex, Alto Tâmega has 160 MW capacity, being … Read the full press release

Iberdrola’s Neoenergia and MUFG Sign Pioneering Green Loan for Distribution Network Upgrade in Brazil

(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has signed a bilateral green loan with Mitsubishi UFJ Financial Group (MUFG) for 150 million Brazilian real (approximately €28 million). The financing agreement aims to upgrade the distribution network in Neoenergia Brasilia’s concession area, … Read the full press release

Clean Energy Giants Masdar (UAE) and Iberdrola Join Forces in €1.6 Billion / 476 MW Baltic Eagle Offshore Wind Farm Deal in Germany

(IN BRIEF) Masdar, the UAE’s flagship renewable energy company, partners with Iberdrola, a global clean energy leader, to invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. Iberdrola will retain a majority 51% stake … Read the full press release

Iberdrola and Vodafone Sign Clean Energy Agreements to Advance Net-Zero Journey

(IN BRIEF) Iberdrola and Vodafone have signed new clean energy power purchase agreements (PPAs) in Spain, Portugal, and Germany. The agreements will see Iberdrola provide Vodafone with 410 gigawatt-hours (GWh) of clean solar energy annually, supporting Vodafone’s net-zero goals and … Read the full press release

Iberdrola and AEDIVE Form Alliance to Drive Electrification of Heavy Road Transport in Spain

(IN BRIEF) Iberdrola and the Business Association for the Development and Promotion of Electric Mobility (AEDIVE) have formed an alliance to accelerate the electrification of heavy road transport in Spain. The initiative aims to combat climate change, improve fuel efficiency, … Read the full press release

Iberdrola’s Governance Excellence Acknowledged by World Finance for Tenth Consecutive Year

Iberdrola's Governance Excellence Acknowledged by World Finance for Tenth Consecutive Year

(IN BRIEF) Iberdrola, a Spanish energy company, has been awarded for its outstanding corporate governance practices by World Finance for the tenth time. The recognition highlights Iberdrola’s commitment to continuously updating its Governance and Sustainability System and its dedication to … Read the full press release

Iberdrola’s Ambitious Offshore Wind Project to Bring Clean Energy to New York City and Westchester County

(IN BRIEF) Iberdrola, in collaboration with Avangrid and other partners, is set to establish new high-voltage transmission lines to deliver renewable offshore wind power from the Long Island grid to New York City and Westchester County. The project aims to … Read the full press release

Circular Economy in Action: Iberdrola Integrates Livestock Grazing in Portuguese Solar Farms

(IN BRIEF) Iberdrola, a renewable energy company, has launched a “solar grazing” initiative in Portugal. They have introduced around 300 sheep to graze in their photovoltaic parks. This practice benefits livestock farmers by providing new grazing spaces and protects the … Read the full press release

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

Iberdrola to Construct Southern Europe’s First Green Ammonia Plant in Landmark Partnership with Trammo

(IN BRIEF) Iberdrola and Trammo have signed a major agreement to advance the use of green ammonia in Europe. The agreement involves the purchase and sale of up to 100,000 tons of green ammonia per year, making it the largest … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release

AVANGRID’s Pachwáywit Fields Solar Farm Brings Clean Energy to Oregon

(IN BRIEF) AVANGRID, a sustainable energy company, has achieved commercial operation at the 162 MWac Pachwáywit Fields solar farm in Gilliam County, Oregon, becoming the state’s largest photovoltaic plant. The facility will deliver renewable energy to large customers and municipalities … Read the full press release

Salzgitter and Iberdrola sign long-term green energy supply contract for low-carbon steelmaking

(IN BRIEF) Salzgitter Flachstahl GmbH, a subsidiary of the Salzgitter Group, has signed a long-term power supply contract with Spanish energy producer Iberdrola Deutschland. Under the power purchase agreement (PPA), Salzgitter Flachstahl has secured 114 MW of green electricity for … Read the full press release

Spain leads as Iberdrola’s renewables capacity increases in Q1 2023

(IN BRIEF) Spanish utility company Iberdrola reported an 11% increase in its global renewable energy production during Q1 2023. The company’s renewable energy production reached 24,137 GWh in the first three months of the year, while its installed capacity surpassed … Read the full press release

Iberdrola Plans to Build Photovoltaic Panel Manufacturing Plant in Spain with European Funding

(IN BRIEF) Iberdrola has submitted a proposal for a photovoltaic panel manufacturing plant to the European Commission’s Innovation Fund. The plant will have a production capacity of 1.6 GW per year, equivalent to 3 million panels, and could cover a … Read the full press release

Iberdrola and MAPFRE add 150 MW photovoltaic capacity to joint investment in renewable energies

(IN BRIEF) Iberdrola and MAPFRE have increased their strategic alliance in the energy sector in Spain by adding 150 new photovoltaic megawatts (MW) to Energías Renovables Ibermap, bringing the total to 445 MW. This includes 295 MW of wind power … Read the full press release

Iberdrola reconnu pour ses plans d’action climatique et sa transparence par la liste A du CDP

(ACTUALITÉ EN BREF) L’entreprise énergétique espagnole Iberdrola a été incluse pour une année supplémentaire dans le tableau de bord de l’engagement des fournisseurs compilé par le CDP, une organisation de premier plan axée sur la transparence et la performance des … Read the full press release