Iberdrola in Mexico

Sustainable development in Mexico

Iberdrola has been present in Mexico for more than 20 years through its subsidiary Iberdrola México, which already has extensive experience in the Central American country.

More than two decades ago Iberdrola México was founded to play a major role in the energy business. Its purpose soon became a long-term commitment to the country's energy and sustainable development. But not only does it promote renewable energy, it also participates in the development of the communities where it is present and the surrounding area with initiatives focused on conserving Mexico's biodiversity. Iberdrola México also seeks to have a positive impact on the most vulnerable groups in society.

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Iberdrola México, a promoter of renewable energies

Iberdrola México External link, opens in new window. , began in 1999 in the state of Nuevo León, with its first combined cycle plant, Dulces Nombres. However, it was in 2007 when it installed its first wind farm in the country, Parques Ecológicos de México (PEM), in Oaxaca, which began operations a year later. Since then, renewable energy in the country has continued to grow and, with the help of engineers and other specialists in energy, it has been possible to operate plants and farms located in 12 of the country’s states.

Iberdrola Mexico's main businesses are:

Renewables. The company, through Iberdrola Renovables México, is the fourth-largest private renewable energy generator in the country.

Generation. The subsidiary, through Iberdrola Generación México, has six combined cycle and cogeneration plants located in the states of Coahulia, Nuevo León, Querétaro and Tamaulipas.

Some key figures

Data updated at the end of 2024.

€2.14bn

of EBITDA

€1.8bn

of investment to 2026
*LatAm data grouped together.

1,232

MW of installed renewable capacity
for own and third parties

2,747

GWh renewable production

17

new renewable plants
planned by 2030

"Iberdrola considers Mexico a strategic country with potential for growth and expansion where it will show its support to the State by developing renewable capacity."

Ignacio S. Galán

Executive Chairman of Iberdrola

Our most emblematic projects and installations

We promote sustainability criteria in Mexico

Iberdrola México's sustainable development strategy is based on principles that ensure that corporate activities benefit all people in an equitable manner. That is why it is based on the three pillars used internationally to measure the impact and sustainability of corporate work: environmental, social, and governance. These are some of Iberdrola Mexico's achievements and initiatives in the area of sustainability:

Iberdrola Mexico was recognized at the awards for Outstanding Companies 2024 for its solid portfolio of renewable projects, awarded by CCE, IFC and Voz de las Empresas

Icon of a person with open arms in front of planet Earth.

The company is considered an "advanced" organisation in terms of inclusion and gender equality according to The Women's Empowerment Principles (WEP) Gap Analysis Tool developed by the United Nations.

A diverse and committed team: Iberdrola México had a workforce of 831 employees at the end of 2024.

The company maintains an extension of maternity and paternity leave beyond the requirements of the law and consolidates support programmes for employees and their families.

Through Fundación Iberdrola México, the subsidiary invests its resources in organisations and programmes that have a positive impact on the communities it serves.

Iberdrola Mexico works with Iluméxico in the Luces de Esperanza programme, a project that brings electricity to rural communities in the Huasteca Potosina and Oaxaca.

Icon of a person in front of a blackboard.

In alliance with the Tecnológico de Monterrey, it has the Iberdrola Mexico Scholarship programme to contribute to the academic preparation of high-performance young people. In addition, the Jóvenes construyendo el futuro programme provides training opportunities for young people between 18 and 29 years of age.

The company has joined Pride Connection Mexico, a network of more than 300 companies that promote the development of safe and discrimination-free work environments for the LGBT+ community.

We continue to grow in Mexico

And also