News
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11/12/2025 - 11:17 UTC +01:00Iberdrola begins assembly of wind turbines for Portugal's largest wind farm, capable of supplying 128,000 homes With an investment of €350 million, Iberdrola has begun assembling the wind turbines for Portugal's largest wind farm, which will produce enough energy for 128,000 households, equivalent to the Spanish city of Valladolid, and w ill avoid more than 230,000 tonnes of CO₂ per year. This pioneering project reinforces the company's leadership in electrification , contributes to Portugal's national energy independence and is a significant contribution to achieving the objectives of its National Energy and Climate Plan. Comprising the Tâmega Norte and Tâmega Sur wind farms, the project is part of the agreement signed with the Norwegian sovereign wealth fund, managed by Norges Bank Investment Management. It will also have a long-term supply agreement (PPA - Power Purchase Agreement ). The hybridisation of both technologies allows wind and hydroelectric energy to share the same connection infrastructure to the electricity grid , reducing connection infrastructure costs, accelerating the integration of renewables and minimising environmental impact. It also reinforces the role of the Tâmega Eletroprodutor System as an anchor for Portugal's electrification. Located between Braga and Vila Real, the farm will have 38 Vestas EnVentus V172 wind turbines – developed by Vestas, they are the largest and most powerful on the onshore wind market – with 7.2 MW , 85-metre blades and a tower height of 114 metres. In total, it will produce 601 GWh per year. In addition to avoiding the emission of 230,000 tonnes of CO₂ per year, the project will have a significant economic impact, creating 700 direct jobs at its peak of construction and involving Portuguese companies such as CJR, Conduril, Socorpena, Painhas and Proef. The components are manufactured in different European countries, reinforcing the commitment to European industry and collaborative innovation. Construction will continue until the third quarter of 2026, and all wind turbine material will be transported before the end of the first quarter. Environmental measures Protecting the ecosystem is a priority in the construction of the Tâmega Wind Farm. To this end, Iberdrola guarantees permanent environmental monitoring, with teams of biologists and archaeologists, to apply good practices and reduce the impact of the work. Continuous monitoring of local biodiversity — including birds, bats and other mammals, flora and habitats — will be carried out to identify additional measures and deepen scientific knowledge of the region. In addition, compensatory actions will be implemented to improve habitats and, upon completion of the work, the Landscape Recovery Plan will ensure the integration of the project into the territory. This commitment also includes measures to minimise social disruption, ensuring transparency and dialogue with local communities. How to transport 85-metre blades? A major challenge * More than 110 blades will leave the port of Aveiro. In the final phase of transport to the construction/assembly area, transport will be carried out using an innovative system: a blade lift, a pioneering technology in Europe that allows the operation to be carried out safely. * This equipment allows the blades to be rotated vertically or horizontally using a hydraulic mechanism to which the blade is attached for transport, reaching inclinations of up to 60º. This allows it to negotiate sharp bends, slopes and other obstacles, adapting to existing roads. * This solution reduces environmental impact, avoiding changes to the road layout and ensuring safety throughout transport. This project reinforces Iberdrola's leadership as the largest investor in renewable energy in Portugal over the last 10 years, with more than €2.2 billion invested and more than 1,400 MW already installed. The company is now the largest electricity company in Europe and the second largest in the world by market capitalisation, playing a central role in electrification and the promotion of sustainable solutions. READ MORE
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10/12/2025 - 11:49 UTC +01:00Iberdrola builds its first photovoltaic plants in the Valencian Community in Spain Iberdrola España , the Group's subsidiary in the country, has begun construction of its first two photovoltaic plants in the Valencian Community, in eastern Spain, which will involve an investment of €252M and will have a total capacity of 366 megawatts (MW), helping to increasing the region's energy autonomy. The Cofrentes I (184 MW) and Ayora 1 (182 MW) plants, both in the province of Valencia, will generate more than 650,000 MW/h a year of clean, competitive and local energy capable of supplying approximately 200,000 homes and preventing the release of 52,000 tonnes of CO2 emissions into the atmosphere each year. The Cofrentes I and Ayora 1 facilities have different projects to ensure coexistence with biodiversity . Work will also be done on areas of habitats that are in the region’s interest, which will involve the recovery of abandoned land near the facilities. Agroforestry perimeter plantations are also being considered among other measures to integrate the photovoltaic plants into the landscape. These actions are part of Iberdrola's Convive Programme , which was created as a continuous improvement plan that integrates all the initiatives and partnerships for the coexistence of renewable energies and their contribution to socio-economic development and the conservation of biodiversity. You can read the full story at Iberdrola España press room. READ MORE
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10/12/2025 - 10:17 UTC +01:00Iberdrola Spain collaborates on a corrosion protection project for offshore infrastructure Iberdrola España, the Group's subsidiary in the country , together with the companies GALEA and MENDIETA and the TECNALIA research and technological development centre, have launched a project aimed at developing new sustainable anti-corrosion protection systems for metal structures in offshore environments. This corrosion affects turbines, towers and bases, drastically reducing their useful life and increasing the need for frequent repairs and replacements, significantly raising maintenance costs and affecting turbine efficiency, thereby reducing energy generation and project profitability. It also compromises the structural integrity of the infrastructure, putting the marine environment at risk. This project will help minimise corrosion in marine environments through a duplex protection system that combines zinc coatings and sustainable organic finishes, such as cork, and 0% VOC (volatile organic compound) coatings to increase the service life of metal structures in marine environments. In addition, European regulations establish the promotion and development of coatings with low or zero emissions. You can read the full story in the Iberdrola Spain Media Room. READ MORE
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09/12/2025Iberdrola granted ERDF monies for energy storage Iberdrola España, the Group’s subsidiary in the country , was granted more than €170M to build storage, battery and pumping projects from the first call for grants for innovative energy storage projects co-financed with ERDF funds for 2021–2027, awarded by the Spanish Institute for Energy Diversification and Saving (IDAE). The company will allocate €130M to co-finance 11 BESS (Battery Energy Storage System), €22M to three industrial thermal storage projects and €18M to expand the capacity of a pumping project. Iberdrola drives efficient energy storage as one of the key levers to achieve electrification . It is committed to large-scale storage through pumped hydroelectric power stations and small-scale storage through Battery Energy Storage Systems (BESS). You can read the full story at the Iberdrola España Press Room . READ MORE
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09/12/2025 - 12:27 UTC +01:00Iberdrola, the only Spanish company among the 10 best corporate websites in Europe Iberdrola has positioned itself as the only Spanish company on the list of the 10 best corporate websites in Europe, according to the Webranking 2025-2026 report from the international consultancy Comprend. This study, a benchmark in corporate digital communication, ranks 500 companies after analysing more than 600 companies across Europe. What’s more, Iberdrola’s website has been recognised as the best corporate website in Spain for the second year running. Europe’s largest electricity company and one of the two largest in the world by stock market value achieved 87.3 out of 100 points, representing a 10% increase on the previous edition and more than 95% compared with 2020. This progress reflects Iberdrola’s commitment to transparency, high-quality information and accessibility. At the European level, this improvement has enabled the Group to climb nine places in the Europe 500 list, reaching number six. The Group’s website (www.iberdrola.com) stands out with performance close to or above 90% in most of the 10 sections that make up the ranking, never dropping below 70%. This exceptional performance places Iberdrola ahead of its competitors. The homepage and the Sustainability section score almost the highest possible points, closely followed by Corporate governance , Careers and Shareholders and investors , all with strong results. As highlighted in the Webranking 2025–2026 report, “the website offers a complete and easy-to-use experience that responds effectively to stakeholder needs”. As strengths, the study identifies the progress in transparency within the Governance section, which places Iberdrola in a strong position compared to its peers and aligns it with the growing expectations of stakeholders. It also highlights the strength of its employer brand, communication regarding recruitment and the continuous improvement in the Sustainability section, which shows how the company integrates these aspects into its strategy and responds effectively to related information needs. A benchmark for stakeholders Through its Webranking, Comprend conducts a comparative analysis of the corporate websites of 638 European companies selected by market capitalisation in the Stoxx All Europe 800 index. This ranking is a key indicator of transparency and the only one based on the expectations of the main stakeholder groups in areas such as financial reporting, corporate governance, investor relations, sustainability and employer branding. Every year since 1997, the consultancy has surveyed analysts, investors, journalists and jobseekers, among others, to understand what they expect from a corporate website. Their responses define the evaluation criteria for the index, which includes a total of 264 measurement parameters. READ MORE
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05/12/2025Iberdrola launches Carbon2Nature Australia at Talia Station Iberdrola Australia, Iberdrola's international business in Australia , has presented its first carbon removal project: a 688-hectare reforestation and biodiversity project on the Eyre Peninsula in South Australia through Carbon2Nature Australia. Carbon2Nature Australia is the Australian subsidiary of Carbon2Nature — the Iberdrola Group company specialising in nature-based solutions, which already operates in Spain, Mexico and Brazil — and a joint venture with Iberdrola Australia. Carbon2Nature supports Iberdrola's global commitment to biodiversity, including ecosystem restoration in our decarbonisation strategy. The restoration of Talia Station aims to recover the native grassland forest with Allocasuarina verticillata, commonly known as the Drooping Sheoak, provide measurable benefits for biodiversity and culture, and build long-term environmental resilience in partnership with Traditional Owners. You can read the full story at Iberdrola Australia's Press Room. READ MORE
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05/12/2025 - 10:28 UTC +01:00Installation of monopiles at the Windanker offshore wind farm in Germany completed Iberdrola Deutschland, Iberdrola's international business in Germany , has reached an important milestone in the construction of the Windanker offshore wind farm, successfully installing the project's 21 monopile foundations. This marks the start of the next phase of construction. The monopiles were manufactured at a state-of-the-art production plant in Spain, specifically equipped for large monopile foundations as part of a strategic alliance between Navantia Seanergies and Windar Renovables . Van Oord was responsible for installing the foundations, using the heavy-lift installation vessel Svanen. Construction is progressing according to plan, with Windanker scheduled to come online at the end of 2026. Together with Wikinger and Baltic Eagle , Windanker forms the Baltic Hub, with which Iberdrola is expanding its installed capacity in the Baltic Sea to more than 1,100 MW, making a key contribution to a stable and sustainable energy supply. Once completed, the Baltic Hub will generate green electricity equivalent to more than 1.1 million households per year. Since December 2024, the Japanese energy company Kansai has held a 49% stake in Windanker. Iberdrola retains a majority stake in this alliance with 51%. READ MORE
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04/12/2025 - 10:22 UTC +01:00Iberdrola to invest €14B in electricity grids in the United Kingdom Iberdrola's British subsidiary, ScottishPower, today received approval from the regulator, Ofgem, to invest around €14 billion in its networks in the United Kingdom, mainly in new interconnections between Scotland and England and Wales. The British regulator today also approved the remuneration framework applicable to electricity transmission until 2031, known as RIIO T3, following a consultation with all stakeholders that has lasted nearly two years. These new investments, which will be developed until 2031, constitute the largest Iberdrola Group investment in its history and will more than triple those made in this business in the previous regulatory period, in line with the electrification targets set out in the UK government's Clean Power 2030 Plan. The main projects in this investment programme are two new high-voltage direct current underwater connectors between Scotland and England, Eastern Link 1 and Eastern Link 4. Together with another submarine cable between Scotland and Wales, Western Link 2, these three projects will transport more than 500 kV of power through 1,100 kilometres of underwater cable and will require six converter substations to be built. The plan will increase the grid's capacity to incorporate new electricity demand, promoting industrialisation and economic growth, enable the incorporation of new renewable capacity and reduce the impact of current system restrictions on electricity bills. It is estimated that the plan will have a positive impact of €2.3B a year on the country's economy and will create some 12,000 jobs in the value chain. The company has already launched a procurement plan for suppliers worth more than €6B. With the approval of these investments, the United Kingdom is consolidating its position as the Iberdrola Group's main investment destination, with a total of €20B between 2025 and 2028, mainly in electricity grids. Iberdrola Executive Chairman Ignacio Galán said ‘The increase in electricity demand in all industries, driven by more activity and the electrification of power use, requires huge investments in new infrastructure. This plan, the largest ever Iberdrola has undertaken, is the end result of a clear energy policy on the part of the British government and constructive dialogue with the regulator, and will enable us to continue building modern, flexible and resilient grids that allow us to meet growing demand, guarantee energy security and include more clean energy.’ READ MORE
