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The company received the Golden Tombstone award, which aims to recognise companies for innovation and relevance in financial transactions. Iberdrola's subsidiary in Brazil, Neoenergia, was awarded in the Mergers and Acquisitions (M&A) category for the Spring Project, which involved an exchange of generation assets with the Eletrobras Group.

In addition, the company was recognised with the second prize for its alliance with GIC for the development of transmission networks in Brazil for 2.4 billion Brazilian reais (456 million euros).

Neoenergía was the only company in the electricity sector selected for the final in the M&A category and this is the first time that a company has won both the first and second prize in the same category.

The award reflects the relevance of corporate development operations, the excellence of internal teams and the Iberdrola group's commitment to creating value for its shareholders.

Iberdrola has had an active alliance policy, which has allowed it to complete in just one year the asset rotation and alliance targets for 2022-2025, and even exceeded them by raising more than €8 billion. In fact, in recent months, the company has achieved the following targets:

• Extend the alliance with Norges to accelerate decarbonisation and currently have a portfolio of 2,500 MW.
• In December, Iberdrola closed a deal with Masdar to co-invest €15 billion in offshore wind and green hydrogen in Germany, the UK and the US, following the successful investment agreement announced in July to co-invest in the Baltic Eagle offshore wind farm.
• Last September, the Company teamed up with GIC for expanding transmission networks in Brazil for €430 million.
• The company has sold more than 8,400 MW of combined cycle gas plants in Mexico for $6.2 billion.
• In March, Iberdrola and BP also signed a strategic alliance to deploy 11,700 fast-charging points in Spain and Portugal, and launched their joint venture on 1 December. 
• Iberdrola and MAPFRE have made further progress in their strategic alliance by adding 150 new MW through a joint venture, which already has 450 MW.
• In January 2023, the electricity company signed an alliance with Norges Bank Investment Management to developes 1,265 MW of renewables in Spain. 
• In addition, a few months ago Iberdrola signed an alliance with Energy Infrastructure Partners to co-invest in the Wikinger offshore wind farm and boost its offshore wind portfolio.