Tag Archives: Iberdrola

Iberdrola’s SP Energy Networks Acquires Derryherk to Boost UK Smart Grid and Support Net-Zero Goals

(IN BRIEF) Iberdrola’s subsidiary, SP Energy Networks, has acquired the tech company Derryherk to enhance the efficiency of the UK’s electricity distribution network. Derryherk’s digital twin technology will improve SPEN’s ability to detect faults, forecast capacity constraints, and actively manage … Read the full press release

Iberdrola’s Neoenergia Achieves Milestone with 1,000+ Women Trained at Electricians’ School in Brazil

(IN BRIEF) Iberdrola’s Brazilian subsidiary, Neoenergia, has successfully trained over 1,000 women through its Electricians’ School, a pioneering program recognized globally by WeEmpower and other international organizations. The milestone was celebrated with notable attendees including Brazil’s Minister of Mines and … Read the full press release

Iberdrola Strengthens Global Leadership in Sustainability with Continued FTSE4Good Index Inclusion

(IN BRIEF) Iberdrola has once again secured its place in the prestigious FTSE4Good index, highlighting its commitment to sustainability and responsible business practices. The company, led by Ignacio Galán, has maintained its position in the index since 2009, demonstrating strong … Read the full press release

Iberdrola’s Ekienea Solar Project Reaches Milestone in Basque Country’s Renewable Energy Efforts

(IN BRIEF) The Ekienea solar farm, the largest in the Basque Country, has achieved grid access, marking a significant milestone in the region’s renewable energy efforts. The 100 MW facility will nearly triple the Basque Country’s solar capacity, support local … Read the full press release

Iberdrola Acquires Majority Stake in Electricity North West, Enhancing Commitment to UK Market

(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release

Iberdrola Chairman Ignacio Galán Visits Spanish Women’s National Soccer Team to Show Support

(IN BRIEF) Ignacio Galán, Chairman of Iberdrola, visited the Spanish women’s national soccer team at their training camp in Las Rozas to express the company’s unwavering support ahead of their games in Paris. Galán praised the team’s talent and recent … Read the full press release

Iberdrola Earns EDGE Certification for Gender Equality, Sets Sights on Highest Recognition by 2026

(IN BRIEF) Iberdrola has achieved EDGE certification, recognizing its commitment to gender equality in the workplace. Awarded the EDGE Move label in its first year, the company aims for the highest certification by 2026. Over the past two decades, Iberdrola … Read the full press release

La Vera Carbon2Nature: Iberdrola Launches Major Reforestation Project in Jaraíz de la Vera

(IN BRIEF) Iberdrola has launched the “La Vera Carbon2Nature” project in Jaraíz de la Vera, Spain, aiming to manage 1,499 hectares of pastureland over 50 years. The project involves planting more than 700,000 trees to restore a dehesa ecosystem and … Read the full press release

Iberdrola Pioneers Digital Solutions for Sustainable Grid Development and Electrification Strategy

(IN BRIEF) Iberdrola is focusing on enhancing its electricity grids as a primary growth area from 2024 to 2026, investing heavily to integrate digital solutions through its Perseo startup program. These innovations, including machine learning and algorithms, aim to forecast … Read the full press release

Baltic Eagle Offshore Wind Farm Begins Installation, Targets 475,000 Homes with Renewable Energy by 2024

(IN BRIEF) The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the final phase of construction. This 476 MW project is set to be fully operational by … Read the full press release

Iberdrola Deutschland and Salzgitter AG Forge Green Energy Partnership

(IN BRIEF) Iberdrola Deutschland and Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG, have entered a 15-year power purchase agreement (PPA) to drive low-CO2 steel production and support industry decarbonization. Commencing in 2025, Iberdrola will supply over 900 GWh of … Read the full press release

Iberdrola Launches Shareholder Month: A Virtual Space for Investor Engagement

(IN BRIEF) Iberdrola, a leading European electricity company, inaugurates Shareholder Month, an event that includes the 2024 General Shareholders’ Meeting, emphasizing investor engagement. The virtual space, featuring thematic rooms, aims to inform and involve shareholders in discussions covering environmental, social, … Read the full press release

Iberdrola and Amazon Partner to Procure Renewable Energy from East Anglia THREE Wind Farm

(IN BRIEF) Iberdrola and Amazon strengthen their global renewable energy partnership with a new Power Purchase Agreement (PPA) for 159 MW of clean electricity from the East Anglia THREE offshore wind farm in the UK. This agreement expands Amazon’s commitment … Read the full press release

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