News
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28/03/2017Iberdrola is already protecting 100% of its customers in Spain from having their energy supply cut off Iberdrola is already protecting 100% of its residential customers from having their electricity and/or gas supply cut off due to not paying their bills. This move comes under the agreements signed with the public authorities, NGOs and associations and the procedure set in motion by the company in 2015 to protect its vulnerable customers. It confirms the company’s commitment to the less fortunate citizens of this country. The company undertakes to take care of customers in vulnerable circumstances and cooperate in giving them ongoing access to the electricity and gas supply, depending on the policies put in place by the competent public administrations in each particular case. Since the end of July 2015, Iberdrola has signed 50 agreements for the protection of its customers with autonomous communities, municipal and provincial federations, city councils, NGOs and associations. Ignacio Galán, chairman of Iberdrola, said that “the company is aware of the complexity and the difficulties facing many people in the current situation and so we have signed these agreements in Spain to ensure that electricity and gas continue to be supplied to economically vulnerable users. We are already protecting all our company’s customers who belong to this group.” The protection, which covers 7.35 million of Iberdrola’s residential customers in this country, applies to all consumers who have contracted the supply of electricity and/or gas to their normal home from the company and are considered to be customers in vulnerable circumstances. Iberdrola Group’s General CSR Policy This unwavering commitment by Iberdrola, which is part of its broader commitment to the principles of solidarity and service to the community, comes in response to its approval and application in 2015 of a procedure to protect its economically vulnerable customers in Spain. It is in line with the Group’s new General Corporate Social Responsibility Policy: https://www.iberdrola.com/wcorp/gc/prod/en_US/corporativos/docs/general_corporate_social_responsibility_policy.pdf The goal of this policy is to set out the basic principles and the general framework of action for managing the corporate social responsibility practices undertaken by the company. It is also intended to serve as the basis for integrating social responsibility in the Group’s business model and strategy. READ MORE
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27/03/2017Ignacio Galán inaugura la exposición ‘La memoria recobrada. Huellas en la historia de los Estados Unidos’ en la Torre Iberdrola El presidente de Iberdrola, Ignacio Galán, inaugura esta tarde la exposición histórico-artística La memoria recobrada. Huellas en la historia de los Estados Unidos, ubicada en la planta 25 de la Torre Iberdrola, en Bilbao. La muestra, organizada por Iberdrola y cuyo comisario es José Manuel Guerrero Acosta, incluye una selección de más de 200 obras de arte, documentos, mapas, trajes, miniaturas y escenificaciones. Estas obras proceden de distintos museos, archivos, bibliotecas e instituciones, como el Wadsworth Atheneum Museum of Art; el Museo del Prado; el Museo Lázaro Galdiano; el Museo de América; el Museo de Bellas Artes de Bilbao; el Museo Vasco de Bilbao; el Museo de San Telmo o el Aquarium de Donostia-San Sebastián. Junto a ellas figuran préstamos singulares de colecciones privadas y obras de la propia colección de arte de Iberdrola y AVANGRID, la filial del grupo en Estados Unidos. La memoria recobrada. Huellas en la historia de los Estados Unidos propone una aproximación a la poco conocida contribución de la monarquía hispánica a la formación de los Estados Unidos de América. La muestra dedica especial atención a la aportación del pueblo vasco a la exploración, la navegación y el comercio, así como a la inmigración en Norteamérica, desde el inicio de la presencia hispana en el continente hasta el siglo XX. De entre los más de 40 artistas representados destacan algunos autores actuales americanos, como James Turrell y Dan Flavin, además de españoles como los escultores Luis Antonio Sanguino de Pascual y Salvador Amaya; los pintores Augusto Ferrer Dalmau y Llanos Lerma e ilustradores como Fernando Vicente. La exposición estará abierta sólo para los accionistas de Iberdrola desde mañana, 28 de marzo, hasta el 9 de abril. A partir del 10 de abril y hasta el 2 de julio, el acceso será libre para el público general. Los interesados en conocer la muestra deberán en ambos casos, como norma general, recoger la invitación en la Torre Iberdrola y pedir cita para realizar la visita, que será guiada. Como novedad con respecto a otros años, la entrada será sin cita previa todos los miércoles. Para ampliar la información, está disponible el teléfono gratuito 900 119 120 y la web www.iberdrola-arte.es . Ignacio Galán en la inauguración Durante la inauguración, el presidente de Iberdrola ha destacado que “con la organización de esta muestra, hemos querido contribuir a recuperar la profunda huella que los españoles —y los vascos en particular— han dejado en los Estados Unidos a lo largo de su historia, especialmente durante su nacimiento”. Asimismo, Ignacio Galán ha añadido que “el itinerario de la exposición nos conduce desde “el siglo de las luces” hasta “la luz de un siglo”, espacio dedicado a la huella de nuestra compañía en Estados Unidos. Se trata de un recorrido en paralelo por las historias centenarias de nuestra empresa y de nuestra filial norteamericana Avangrid, que cotiza en la Bolsa de Nueva York y a través de la cual: estamos presentes en veintisiete Estados; contamos con ocho distribuidoras de electricidad y gas en los Estados de Nueva York, Maine, Connecticut y Massachusetts; y somos el segundo productor eólico del país y una de las compañías con menores emisiones”. En el marco de la Semana Iberdrola La organización de la exposición La memoria recobrada. Huellas en la historia de los Estados Unidos responde al compromiso de Iberdrola con la involucración de sus accionistas, impulsado por el Consejo de Administración de la empresa, tal y como recoge la Política de involucración de los accionistas de la Sociedad. En esta línea, la inauguración tiene lugar en el marco de la Semana Iberdrola, que culminará este viernes, 31 de marzo, con la celebración de la Junta General de la compañía en el Palacio Euskalduna de Bilbao. Iberdrola muestra de este modo, una vez más, su compromiso con la difusión del arte y la cultura, así como su vinculación con Estados Unidos, donde tiene presencia relevante en los estados de Connecticut, Massachusetts, Nueva York y Maine y cotiza en la Bolsa de Nueva York a través de su filial AVANGRID, que es además el segundo operador eólico del país. READ MORE
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26/03/2017Bilbao successfully hosts the third edition of Iberdrola’s ‘Women, Health and Sport’ Tour, organised by Iberdrola This weekend, Bilbao played host to the third edition of the ‘Women, Health and Sport’ Tour, which Iberdrola is promoting in several provincial capitals to enhance the role and presence of women in the sporting world. The event is intended to show women as an active and essential part of sport in Spain. Carmen Cabrera, Iberdrola's sponsorship manager, Oihane Agirregoitia, Youth and Sports city councillor, and Susana Pérez-Amor, deputy general director of Women and Sports of the Sports Supervisory Board (CSD in Spanish), inaugurated this homage to women’s sports, coinciding with the beginning of “Iberdrola Week”, which ends on March 31 with the group's General Shareholders’ Meeting. Thousands of people of different ages were able to enjoy this tribute to sports. This year Maialen Chourraut, gold medal winner in Rio, Jessica Alonso, bronze in London, and Carolina Rodríguez, Olympic diplomat in Rio and gymnast with a long list of national titles all participated, accompanied by three of the ambassadors of the “Women's Universe” initiative: Jennifer Pareja, the world’s top water polo player in 2013, Ona Carbonell, captain of Spain’s synchronised swimming team, and Sara Sorribes, promise of Spanish women's tennis. An open-air 1,500 m2 space was set aside for sports and leisure activities at the centrally located Parque de Doña Casilda with fun sporting activities related to the ten federations backed by Iberdrola: football, badminton, handball, volleyball, rugby, triathlon, canoeing, gymnastics, swimming, and hockey. The area is designed for all comers, with numerous group classes, talks on sport and healthy life habits, and games for the kids. Iberdrola, the main driving force behind the Women's Universe programme The ‘Women, Health, and Sport’ Tour is part of the Higher Council for Sport's (Consejo Superior de Deportes, CSD) ‘Women's Universe’ programme, of which Iberdrola has been the mainstay since last July. It is the first company in Spain to make a global commitment to promoting the participation of women in every area of sport. Under the agreement with Spain’s Higher Council for Sport (CSD), the company supports various sports federations, including gymnastics, swimming, football, triathlon, badminton, canoeing, and hockey, plus other possible additions in the future. These sports were selected on account of the extraordinary level of success achieved, the high participation rate, the existence of schemes to promote the sport at grass-roots level, and other social projects. Iberdrola is also one of the leading sponsors of the Spanish Paralympic Team and the Paralympic Sailing Team. It has been involved in the ADOP Plan since it was launched in 2005, and backed the Spanish Paralympic Team at the Beijing 2008, London 2012, and Rio de Janeiro 2016 Games. The group’s contribution to Paralympic sport was acknowledged in 2013 with the Olimpia Award from the Higher Council for Sport (CSD). READ MORE
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24/03/2017Edwin van der Heide transforms the atrium of Azkuna Zentroa with ‘Elevated Projection’, an installation of light and sound, thanks to Iberdrola's support Starting today, and until 2 April, the audiovisual composition ‘Elevated Projection’ by the artist Edwin van der Heide (Hilversum,1970), will transform the Azkuna Zentroa Atrium of Cultures each evening. The piece is sponsored by Iberdrola and will be open to the public between 20:00 and 23:00 (admission free). In ‘Elevated Projection’, light plays with the architecture of space whilst creating new structures and experiences within it. Multiple lasers and a thin layer of smoke will create shapes and make light tangible, producing a changing and three-dimensional environment which the public can penetrate. This work of art is part of LSP (Laser Sound Performance), a series of pieces in which Edwin van der Heide explores the relationship between sound and three-dimensional image by means of laser projections onto smoke. The artist creates complex relationships between light and sound within a space. The work thus has bodily, almost tangible, qualities, evolving before the eyes of the spectator, who is immersed in constantly changing surroundings. Edwin van der Heide (Hilversum, 1970) is an artist and researcher in the fields of sound, space and interaction. In his piece he expands the concepts of composition and musical language in spacial, interactive and multi-disciplinary directions. Van der Heide places his audience at the centre of his pieces and challenges them to actively explore, interact and relate with them. The Dutch artist has exhibited his pieces at prestigious museums and festivals such as SMAK (Ghent), Ars Electronica Festival (Linz), Stedelijk Museum (Amsterdam), V2_'s DEAF (Rotterdam), ICC (Tokyo), NAMOC (Beijing), Transmediale (Berlin), SONAR (Barcelona), Taipei Fine Arts Museum, SFMOMA (San Francisco), FILE (Brazil) and SONAMBIENTE (Berlin). Iberdrola Week The presence of Edwin van der Heide's work at Azkuna Zentroa is part of Iberdrola Week, which will end on 31 March with the company's General Shareholders' Meeting at the Euskalduna Conference Centre in Bilbao. Iberdrola is thus once again showing its commitment to spreading culture and art, and particularly ground-breaking art, as it also did, for example, by supporting the Salamanca Festival de Luz y Vanguardias (Festival of Light and the Avant-Garde), the first edition of which in 2016 also featured a piece by the Dutch artist. For further information Mª José Sánchez Robles Telf: 94 401 53 06 626 815 610 mjsanchez@vkcomunicacion.com Itziar Ijalba Izaguirre iijalba@azkunazentroa.eus Teléfono: (+34) 94 612 43 15 www.azkunazentroa.eus Verónica Serrano Zafra vserrano@iberdrola.es Teléfono: (+34) 608 018 852 www.iberdrola.com READ MORE
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23/03/2017Ignacio Galán, Best CEO among European utilities The Chairman of Iberdrola, Ignacio Galán, has been named as Best Chief Executive Officer (CEO) within the Utility category in the latest All - Europe Executive Team roster issued by the prestigious Institutional Investor Research Group. Galán was voted for by over 2,600 buy side investors and sell side analysts globally, including around 800 companies from the financial services industry. Analysts participating in the survey also selected Iberdrola as being the Best Investor Relations (IR) company among all European utilities, with José Sainz Armada, earning first place as Best CFO. The company’s Investor Relations Director, Ignacio Cuenca, captured Best IR Professional. In addition, the group topped the ranking for Best Website and Best Investor Day among European utilities. To vote for the best companies, survey takers are asked to assess issues such as transparency of financial reporting, dissemination of relevant information by companies as well as quality and depth of the answers provided in the questionnaires. The 2017 All-Europe Team ranking published by Institutional Investor contains seven broad categories: Basic Materials; Consumer; Energy; Financial Institutions; Industrials; Pharmaceuticals & Health Care, and Technology, Media and Telecommunications. Whereas the Energy category itself is broken down into three subsectors, namely Oil & Gas Exploration & Production; Oil Services, and Utilities. READ MORE
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21/03/2017Iberdrola awarded construction and operation of 766-MW combined-cycle power station in the state of Sinaloa, Mexico Iberdrola has been awarded the contract for an important new energy project in Mexico, the Topolobampo III combined-cycle power plant (CCGT), strengthening its role as the country’s foremost private power company. Iberdrola’s new 766-MW facility in the country will be equipped with the latest technology requiring an investment of some US$400 million. The Topolobampo III CCGT will be built in the municipality of Ahome, in the state of Sinaloa, and will supply electricity to over 2.5 million Mexican citizens when it becomes operational in January 2020. Owned by Iberdrola, the company will handle construction, operation and maintenance of the plant and will sell its production in full to the Mexican Federal Electricity Commission (CFE) under a 25-year contract, with fixed capacity fees. This long-term agreement with CFE offers great security to Iberdrola’s investment as it brings the project into line with the company’s strategy of growing in regulated, predictable activities that are located in stable, highly-rated countries. In addition, the operation allows the company to strengthen its strategic relationship with the CFE, its top customer worldwide. The Topolobampo III station will be equipped with model H01 gas turbines fabricated by GE, one of Iberdrola’s major technology suppliers in the power generation business. In addition to the plant's construction, Iberdrola will commission all ancillary facilities required for its connection to Mexico’s national power grid, including power lines and the transformer substation. Iberdrola currently has power generation projects under way in Mexico with a combined investment worth around US$3 billion, which highlights the extent of the company’s commitment to this country, one of the most important ever. To be more specific, it is building three new combined-cycle plants; the North-east (Escobedo), North-west (Topolobampo II) and El Carmen, and two cogeneration plants, San Juan del Río and Altamira. It is also developing 325 MW of wind power, with two projects, PIER (220 MW) and Santiago Wind Power (105 MW), in the states of Puebla and Guanajuato, respectively. Furthermore, Iberdrola has taken another step forward in its commitment to renewables in Mexico by beginning construction of its first two large-scale photovoltaic power plants. With a combined capacity of 270 MW, the Hermosillo (100 MW) and Santiago Photovoltaic (170 MW) plants are in the states of Sonora and San Luís Potosí, respectively. Iberdrola has been doing business in Mexico for over 18 years. Throughout that time it has continually expanded its investments and activities, consolidating its position as the country’s largest private electricity producer with 6,000 MW already in operation, the equivalent to supplying power to over 20 million Mexican citizens. READ MORE
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21/03/2017Iberdrola has been awarded up to 1,500 MW of offshore wind capacity in the United States, its first project employing this technology in that country At yesterday's auction Iberdrola, through AVANGRID, was awarded the rights to develop and construct an offshore wind farm with a capacity of up to 1,486 MW in the area known as Kitty Hawk, 24 nautical miles off the coast of North Carolina, in the United States. The award will allow Iberdrola to apply its know-how to the development of the emerging offshore wind sector in the United States, whose east coast combines the optimum conditions of depth and wind resources. In the auction, organised by the Bureau of Ocean Energy Management (BOEM), Iberdrola's offer topped those presented by the Norwegian company Statoil, the U.S. company Wind Future and German company WPD Offshore Alpha. Other companies which had pre-qualified for bidding decided not to tender a bid at the last moment, these included the Canadian companies Northland Power and Enbridge and the wind power subsidiary of Royal Dutch Shell. Iberdrola will now have one year in which to present BOEM with an initial assessment of the area's wind potential for its approval. Following this it will have 54 months to present details of the engineering project for the construction and operation of the wind farm. This award makes Iberdrola the world's leading electricity company in the offshore wind sector. This is all the result of a well-designed and perfectly executed investment plan which, thanks to its excellent team of engineers, has allowed it to gain the skills and experience necessary to successfully compete in a highly specialised sector. Offshore wind, a commitment to the future for Iberdrola Iberdrola has made a determined commitment to offshore wind energy as one of the keys to the company's future. It is currently undertaking its activities in this new business sector in the United Kingdom, Germany, France and the United States. The company reached a milestone in 2014 when it became the first Spanish company to open a wind farm with the West of Duddon Sands (WoDS) wind farm. Iberdrola undertook this project through its British subsidiary ScottishPower Renewables and in partnership with the Danish company Dong, investing more than £1.6 billion pounds between them. WoDS has a capacity of 389 MW, enabling it to produce enough electricity to meet the demand of approximately 300,000 UK homes. The offshore wind farm is located about 20 kilometres from Barrow-in-Furness, off the north-west coast of England. Since its launch it has achieved some extraordinary results, both in terms of production and hours available. WoDS covers an area of 67 square kilometres (km2) and its turbines, which have been supplied by the German company Siemens, have a unitary capacity of 3.6 MW. Iberdrola is currently building the Wikinger wind farm in German waters in the Baltic Sea. It will require the investment of some €1.4 billion euros and have a capacity of 350 megawatts (MW), enough to meet the needs of over 350,000 German homes and avoid the emission of almost 600,000 tonnes of CO 2 each year into the atmosphere. The installation is located about 75 kilometres off the coast and it will be operational from October 2017. Iberdrola is also preparing to begin the construction of its third offshore project next year, the East Anglia One wind farm, with a capacity of 714 MW, which will supply clean energy to more than 500,000 British homes. This will be the largest Spanish project in the history of the renewables sector and it will be the world's largest offshore wind farm when it enters into operation in 2020 after an investment of £2.5 billion pounds. Siemens will supply 102 turbines with a unitary capacity of 7 MW for this offshore wind farm. The turbines will be built by the German manufacturer in its new facilities located in the city of Hull, in the north-east of England. In addition, Iberdrola has asked the British government to expand this installation up to 2,000 MW. It has, therefore, presented the United Kingdom authorities with a proposal to build the East Anglia Three wind farm, which would have a capacity of 1,200 MW. These new facilities will be joined by the Saint-Brieuc wind farm (496 MW), in French waters, which is expected to begin operation in 2022. This wind farm will have a capacity of 496 MW and will be located in Saint-Brieuc Bay, off the coast of Brittany, 20 kilometres offshore and about 100 kilometres from the city of Rennes. This offshore wind farm will feature 62 of the latest generation turbines with an 8 MW capacity, located within an an area of 75 km⊃2;, which will be a Spanish project as it has been commissioned from Adwen, a Gamesa company dedicated to offshore wind farms. This facility, which is being developed by Iberdrola in collaboration with the company RES and Caisse des Dépôts, will be the company’s fourth offshore wind farm when it is commissioned. The energy produced at this location is expected to meet the electricity needs of the equivalent of 850,000 inhabitants. Iberdrola in the United States The company has a generation capacity of 6,900 MW in the United States, mainly wind and solar power, and is building 1,800 MW of new onshore wind capacity, with phased entry into operation from now until the end of 2019. AVANGRID is listed on the New York Stock Exchange and has assets valued at more than $31 billion dollars. It is present in 25 States with wind power generation and distribution companies, serving approximately 3.2 million customers in New York State and the states in the New England region. READ MORE
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16/03/2017Iberdrola takes the third edition of the ‘Women, Health and Sport’ Tour to Bilbao On 25 and 26 March, Bilbao will become the centre of the third edition of the ‘Woman, Health and Sport’ Tour, which Iberdrola is promoting in several provincial capitals to enhance the role and presence of women in the sports world. The event is intended to show women as an active and fundamental part of sport in Spain. During the presentation of the event, the Iberdolra Institutional Relations manager for the Basque Country, Francisco Olarreaga; the Iberdrola Sponsorship manager, Carmen Cabrera; the Bilbao City Council Youth and Sports Councillor, Oihane Agirregoitia; and the Director of OéOé Marketing, Ignacio Solana, explained the programme of activities for this edition, which will be held to coincide with the beginning of the Iberdrola Shareholders’ Week, which will end on 31 March with the group’s Shareholders’ General Meeting. For two days, the top names in women’s sport will be meeting in Bilbao. Olympic medallists like Maialen Chourraut, who won a gold medal in Río; Jessica Alonso, with a bronze medal in London; and Carolina Rodríguez, who received an Olympic diploma in Río and is the gymnast with the highest number of national awards, will be accompanied by two of the ‘Women’s Universe’ ambassadresses: Jennifer Pareja, the world’s top water polo player in 2013, and Ona Carbonell, captain of Spain’s synchronised swimming team. The Tour will be installed in the Doña Casilda Park, an open space in the centre of the city that will have more than 1,500 m2 set aside for sports and leisure activities related to the ten federations backed by Iberdrola: football, badminton, handball, volleyball, rugby, triathlon, canoeing, gymnastics, swimming and hockey. The area is designed so that all members of the public can enjoy it, with group classes, talks on sport and a healthy lifestyle, as well as games for the kids. On Saturday 25, the event is open from 12pm to 8pm, and on Sunday from 11am to 3pm. Iberdrola, the main driving force behind the Women's Universe programme The ‘Women, Health and Sport’ Tour is part of the Higher Council for Sport's (CSD) ‘Women's Universe’ programme, of which Iberdrola has been the mainstay since last July. It is the first company in Spain to make a global commitment to promoting the participation of women in every area of sport. Under the agreement with Spain’s Higher Council for Sport (CSD), the company supports various sports federations, including gymnastics, swimming, football, triathlon, badminton, canoeing and hockey, plus other possible additions in the future. These sports were selected on account of the extraordinary level of success achieved, the high participation rate, the existence of schemes to promote the sport at grass-roots level and other social projects. Iberdrola is also one of the leading sponsors of the Spanish Paralympic Team and the Paralympic Sailing Team. It has been involved in the ADOP Plan since it was launched in 2005, and backed the Spanish Paralympic Team at the Beijing 2008, London 2012 and Rio de Janeiro 2016 Games. The group’s contribution to Paralympic sport was acknowledged in 2013 with the Olimpia Award from the Higher Council for Sport (CSD). READ MORE
