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Iberdrola

March 14, 2024

Iberdrola (Spanish pronunciation: [iβeɾˈðɾola]) is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 40,000 employees serving around 30 million customers.[2][3] Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others.[4] As of 2023, the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank also holding significant interests.[5]

Iberdrola, S.A.
Headquarters in Iberdrola Tower, Bilbao
Company typeSociedad Anónima
BMAD: IBE
ISINES0144580Y14
IndustryElectric utility
Founded1 November 1992; 31 years ago (1992-11-01)
HeadquartersIberdrola Tower,
Bilbao, Spain
Key people
Ignacio Galán (Chairman and CEO)
ProductsElectricity generation and distribution, renewable energy, natural gas production, sale and distribution, telecommunications
Revenue €53.949 billion (2022)[1]
7,984,000,000 euro (2022) 
€4.339 billion (2022)[1]
Total assets €154 billion (2022)[1]
Number of employees
 40,090 (2022)[1]
SubsidiariesElektro Holding
Avangrid (partially owned)
Scottish Power
Websiteiberdrola.com

Iberdrola is the largest producer of wind power, and the world's second electricity utility by market capitalisation.[6][7] As of 2023,  the company operates a capacity of 62,045 MW, of which 41,246 MW are from renewable sources worldwide.[8][9]

History edit

Early history edit

Iberdrola was created on November 1, 1992, from the merger between Hidroeléctrica Española and Iberduero.[10][11] Hidroeléctrica Española, also known as Hidrola, had started in 1907, while Iberduero arose from the merger between Hidroeléctrica Ibérica and Saltos del Duero in 1944. As of 2011 and with the integration of ScottishPower and Energy East, now renamed Iberdrola USA, the company has become a major multinational group.

The origin of Iberdrola lies in the Spanish industrialisation in the early 20th century. In 1840, American entrepreneurs founded the Hartford City Light Company, which lead to the incorporation of Energy East on the eastern seaboard of the US, which would much later become Iberdrola USA. Meanwhile, in Bilbao in 1901, Hidroeléctrica Ibérica was established by the engineer Juan de Urrutia. In 1907, Hidroeléctrica Ibérica shareholders created Hidroeléctrica Española to supply Madrid and Valencia. A decade later, Saltos del Duero was founded, opening the country's first hydroelectric facility in 1935, the Ricobayo power plant.

World War I forced the industry to seek new sources of energy and to install large distribution networks. Amid huge instability, US power companies underwent consolidation to decrease their financial uncertainty. However, the stock market crash of 1929 and the accompanying Great Depression brought many of these companies to the verge of ruin. In Spain, which had experienced a period of economic growth at the start of the 20th century, the industry suffered a severe setback in 1936 whose impact would be felt for the following two decades: the Spanish Civil War abruptly halted development, destroyed facilities and made maintaining the remaining equipment extremely difficult. In the 1940s, Spain experienced extreme difficulty in acquiring technology and materials due to international isolation and soaring prices. The company benefited from the legal and social framework of the francoist dictatorship for its growth in economic and social relevance. Notably, the president between 1935 and 1985 of one of the former mergers, Hidroeléctrica Española, José María de Oriol y Urquijo, was a relevant Spanish nationalist who allegedly declared to have been part in the investigation and prosecution of more than 80.000 people in the Basque Country.[12]

Post-WWII edit

In 1944 Hidroeléctrica Ibérica and Saltos del Duero merged to form Iberduero.

In 1955, the South of Scotland Electricity Board (SSEB) came into being, paving the way for the creation of ScottishPower four decades later, in 1990. Two years after that, Hidroeléctrica Española and Iberduero merged to form Iberdrola. In the latter part of the 20th century, Iberdrola began expanding into Latin America, mainly Mexico and Brazil.

With ScottishPower and Iberdrola formed in Europe, in 1998 Energy East Corporation came into being in the US following New York State Electric & Gas's acquisition of Central Maine Power, Southern Connecticut Gas Company, Connecticut Natural Gas Company, Berkshire Gas Company and RGS Energy Group (the parent of Rochester Gas & Electric). Following the arrival of Jose Ignacio Sanchez Galan in 2001 Iberdrola began focusing on renewable energy. In 2007, the company continued its international expansion, increasing its presence in the UK and the US via the integration of ScottishPower[13] and Energy East.[14] As a culmination of his commitment to renewable energy, Jose Ignacio Sanchez Galan has received the ESG Leadership Award from The Foreign Policy Association in New York, which recognizes leaders most committed to ESG principles.[15]

By 2011, Iberdrola had moved into the Brazilian market with the acquisition of Elektro.[16]

In 2015, the company made another significant move in the U.S. by acquiring United Illuminating (UIL),[17] a publicly traded company, for 2,647 million euros. That same year, following the integration of Iberdrola USA and UIL Holdings Corporation, Avangrid was established and began trading on the New York Stock Exchange.

In 2020 multiple acquisitions by Iberdrola were made. The company acquired Infigen Energy[18] in Australia and subsequently renamed it Iberdrola Australia. In France, the company acquired Aalto Power,[19] a renewable energy company with a focus on wind energy projects. In the U.S., Iberdrola made a move to purchase PNM Resources,[20] an electricity provider for Texas and New Mexico, with the acquisition process subject to approval from the New Mexico Regulatory Commission. Additional 2020 acquisitions included CEB-D distributor in Brazil and Acacias Renewables in Japan.[21]

In 2021, Iberdrola ventured into the Taiwanese market by acquiring offshore wind projects.[22] By 2023, the company diversified its portfolio by selling assets from non-renewable sources in Mexico to Mexico Infrastructure Partners (MIP).

Since 2001, the company has been committed to renewable energies and since 2006 it has continued its international expansion, increasing its presence in the United Kingdom, the United States and Brazil.

In 2014, the 850 MW La Muela II pumped-storage hydroelectric power plant began operating, which, together with La Muela I, is the largest complex of its kind in Europe with almost 1,500 MW. The same year Iberdrola's first offshore wind farm in the Irish Sea (United Kingdom), West of Duddon Sands with 389 MW of power was launched, as well as Maine high voltage transmission line connecting the United States and Canada was installed.

In 2015, the company committed to reduce CO2 emissions by 50% by 2030 and at the end of 2017 announced its intention to close all of its coal-fired power plants worldwide.[23] Iberdrola announced an investment to a total of €47 billion, of which  €17 billion in renewables to increase renewable capacity by 12,100 MW to 52,000 MW in 2025 (6,300 MW of photovoltaic, 3,100 MW of onshore wind, 1,800 MW of offshore, 700 MW of batteries and 200 MW of hydro).[24][25][26]

Iberdrola started sponsoring Women's Soccer League in Spain, which adopted its name (Primera Iberdrola), and collaborated with the Consejo Superior de Deportes (The National Sports Council) in the Universo Mujer program  in 2016.[27][28]  The same year it launched Calangos complex in Brazil, the largest wind power facility in South America.[29]

In 2019, it launched the call for its 2020 Social Program to support vulnerable groups, with a budget of more than one million euros.[30] The company also inaugurated the Baixo Iguaçu hydroelectric plant, supplying clean energy to one million Brazilians.[31] East Anglia ONE offshore wind farm started generating clean electrical energy. Iberdrola launched i-DE, the new brand of its electricity distribution activity in Spain, which manages 270,000 km of digitalised power lines.

That year Iberdrola entered the ranking of the 100 most sustainable companies in the world, according to the latest classification carried out by Corporate Knights.[32] The European Commission classified Iberdrola as the most innovative Spanish utility and third of Europe.[33][34]  Iberdrola's direct tax contribution worldwide amounted to 8,156 million euros in 2019, 217 million more than in 2018.

In 2020, the company's investments of 8,158 million euros raised Iberdrola's net profit to 3,406 million euros in 2019. That year, the largest photovoltaic plant in Europe was commissioned—the Núñez de Balboa plant (500 MW) in Badajoz.[35][36]  Iberdrola located its global smart grid innovation center in Spain. In Australia, construction was started on Port Augusta, its first wind-solar hybrid plant in the world.[37][38]  In the United States, the purchase operation of PNM Resources, the electricity company of New Mexico and Texas, was pending permission from the Regulatory Commission.[39] Also in 2020 (and 2021), the company was listed among the 10 best companies in the world in terms of integration of women, according to the World's Top Female Friendly Companies 2021 study,[40] as well as in the Dow Jones Sustainability Index (being the only European utility company to be named in 22 editions of the index).[41][42]

In 2021, Iberdrola announced, through its British subholding Scottish Power, the investment of an additional 6 billion pounds (7,090 million euros) in the construction of the East Anglia Hub offshore wind farm (North Sea – United Kingdom).[42] This offshore wind macro complex is bringing together three projects with a total installed capacity of 2,900 MW: East Anglia ONE North, East Anglia TWO and East Anglia THREE. The works, involving an investment of 10 billion pounds, began in 2022 and planned to last four years.[43]

In 2022, the company inaugurated the Puertollano green hydrogen plant (Puertollano – Ciudad Real), able to produce up to 3,000 tonnes of renewable hydrogen per year and supply clean hydrogen to the Fertiberia Group factory in town, allowing to reduce the consumption of natural gas.[44] The total investment in the Puertollano plant is 150 million euros. It includes both green hydrogen facilities and a dedicated photovoltaic plant. It is able to reach up to 3,000 tons of green hydrogen per year and avoid the emission of 78,000 tons of CO2 per year.[45]

In 2022, Iberdrola inaugurated the Tâmega hydroelectric complex (Tâmega River – northern Portugal) with an investment of 1.5 billion euros. It involves the construction of three dams and three power plants (Gouvaes, Daivoes and Alto Tamega) with a combined capacity of 1,158 megawatts (MW), increasing 6% of the total electrical power in the country.[46] In 2022, investments of 10,730 million euros raised Iberdrola's net profit to 4,339 million euros, which represents an increase of 11.6% compared to the previous year. During the year, Iberdrola reached 40 GW of operational renewable energy and expects to add 7,675 MW in the next four years (of which, 3,500 MW will be offshore wind). In addition, it reached an emission of 59 grams CO2/kWh in Europe.[47]  At the beginning of 2022, Iberdrola commissioned a 730 km energy transmission line in Brazil, the largest power line across its operations globally.[48][49]

At the end of 2022, Iberdrola Group had 60,761 MW of total installed capacity, of which 40,066 MW is renewable.[50] In 2023, the company reached a capacity of 62,045MW and 41,246 MW respectively, increasing the renewables by 6.5% worldwide.[9][8][51]

In February 2023, the company started developing a solar module factory in Langreo, Spain with an initial investment of €20 million. In March 2023 Iberdrola and BP signed a strategic alliance to accelerate the deployment of electric mobility and decarbonisation of transport. Specifically, their collaboration includes investing €1 billion to deploy a network of 11,700 fast and ultra-fast charging points for electric vehicles in Spain and Portugal.[52][53][54]

In April 2023, Iberdrola signed a memorandum of understanding with Mexico Infrastructure Partners to sell 8539 MW of capacity from its gas-fired plants, and its 103 MW wind asset La Venta III as part of the $6 billion deal.[55][56] The company remained the primary private producer of renewable energy in Mexico, and this initiative is in line with its carbon reduction goals.[57]

The company entered into a strategic partnership with the Abu Dhabi-based company Masdar to jointly develop the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea in summer 2023.[58][59]

In July 2023, Iberdrola agreed on a deal with Vodafone to provide renewable energy across three countries –  Spain, Portugal and Germany with 410GWh of solar energy from newly constructed solar plants.[60]

As of the summer of 2023, 7,100 MW of new renewables capacity is under construction globally for a total investment of €12 billion, of which 3,000 MW relates to offshore wind.[61]

According to the data published by the National Securities Market Commission (CNMV) in July 2023, the company has increased its renewables installed capacity by 6.5% worldwide in the last 12 months, reaching a total of 41,246 MW.[9][8]

As of 2023, the company has a workforce of 41,000 employees and assets of more than €160 billion.[62] In 2023, Iberdrola's net profit for the first half rose to €2.52 billion from 2.08 billion euros a year earlier.[63]

Acquisitions edit

In 2006, Iberdrola acquired ScottishPower, leading to the integration of this company in April 2007. This gave rise to Europe's third-largest utility.

In 2008, Iberdrola continued its expansion with the acquisition of the US-based company Energy East, further solidifying its global presence.

In 2011, the company expanded its operations into Brazil by acquiring the company Elektro, a strategic move to tap into the Brazilian market.

In 2015, Iberdrola acquired the US company United Illuminating for a total of 3 billion euros. This acquisition bolstered Iberdrola's presence in the American market.[64] Also in 2015, Iberdrola established Avangrid through the integration of Iberdrola USA and UIL Holdings Corporation. This move led to the commencement of trading on the New York Stock Exchange, strengthening Iberdrola's position in the United States.[65]

In 2020, Iberdrola acquired the Australian company Infigen Energy.[66] Subsequently, the company was renamed Iberdrola Australia the following year.

In 2020, Iberdrola expanded its renewable energy portfolio with the acquisition of Aalto Power, a French company specialising in renewable energy, and Ailes Marines.[67] Aalto Power was involved in wind energy projects, both in operation and in development.[68]

Also in 2020, Iberdrola made an important move in the United States by purchasing PNM Resources, an electricity company serving Texas and New Mexico.[69]  However, the completion of this acquisition is subject to approval from the New Mexico Regulatory Commission. In the same year, Iberdrola furthered its presence in Brazil by acquiring the CEB-D distributor, enhancing its footprint in the Brazilian energy market.[70] Additionally, Iberdrola expanded its global reach by acquiring Acacias Renewables, a company operating in the renewable energy sector in Japan.[71]

In 2021, Iberdrola acquired offshore wind projects in Taiwan.[72]

In 2023, the company sold its non-renewable assets in Mexico to Mexico Infrastructure Partners (MIP), aligning with its strategic focus on renewable energy.[73]

Company chairpersons edit

Hidrola chairmen
Iberduero chairmen
  • Pedro de Careaga y Baseabe, 2nd Count of Cadagua (?–1977)
  • Pedro de Areitio (1977–1981)
  • Manuel Gómez de Pablos (?–1992)
Iberdrola chairmen

Lines of business edit

Renewable energy edit

In 2023, the company has 41,250 MW of operational renewables and 7,100 MW under construction.[74][25]

The Renewables area of the Iberdrola group is responsible for the generation and sale of electrical energy from renewable sources: wind (onshore and offshore), solar, hydroelectric, green hydrogen, etc.[75][7]

At the end of 2022, Iberdrola Group had 60,761 MW of total installed capacity, of which 40,066 MW is renewable.  In 2023, the company reached a capacity of 62,045 MW and 41,246 MW respectively, increasing the renewables by 6.5% worldwide.[9][8]

Offshore wind edit

One of the group's main vectors is offshore wind. It has facilities in UK, Germany, USA, France and develops offshore wind activities in Poland,[76] Sweden,[77] Ireland,[78] the United States,[79]  Brazil,[80] the Philippines[81] and Japan, expanding its offshore wind portfolio to 30 GW.

  • Japan: Following the acquisition of Acacia Renewables (now Iberdrola Renewables Japan), the company has partnered with Macquarie's GIG for a 3.3 GW offshore wind project in southwest Japan. Additionally, the Seihoku-oki offshore wind project of 600 MW is in development with Cosmo Eco Power and Hitz engineering.[21][82]
  • Taiwan: Iberdrola Taiwan is progressing two offshore wind projects, Da Chung Bu (1,200 MW) and Guo Feng (350 MW), aiming for the 2023 selection in Taiwan's Zonal Development Round 3.2.[83]
  • Ireland: Iberdrola is working on the Inis Ealga and Clarus wind farms in County Cork and County Clare, respectively, using floating offshore wind technology. The Shellalere project, off the east coast, will use fixed foundations. Combined, these projects will power about 2.6 million homes.[84][85]
  • Philippines: An agreement with Triconti ECC Renewables grants Iberdrola the option on five offshore wind projects with a potential total capacity of 3.5 GW.[81]
  • Brazil: Through Neoenergia, Iberdrola is partnering with Rio Grande do Sul's government on offshore wind endeavours. Key projects include the Águas Claras park and the Jangada Maritime Wind Complex, each with capacities in the gigawatt range.[86]
  • Sweden: A collaboration with Svea Vind Offshore AB aims to develop a 9 GW offshore wind energy portfolio, expected to be operational by 2029.[87]
  • Poland: Iberdrola's agreement with Augusta Energy will increase its Polish renewable capacity to 261 MW, with a mix of wind and solar projects slated for completion in 2023.[88]

At the end of 2022, Iberdrola had 1,258 MW offshore in operation and 5,500 MW under construction or secured with long-term contracts, which will come into operation before 2027 thanks to investments of nearly 30,000 million euros worldwide during this decade.[89]

As of 2023, the company has 1.3 GW offshore wind capacity in operation, with 5,500 MW under construction, which will come into operation before 2027. During the last decade, Iberdrola invested 30,000 million euros in offshore wind.[90]

The company's major offshore wind energy projects include:

  • East Anglia Hub (United Kingdom) — Iberdrola's biggest offshore wind project worldwide with total installed capacity of 2,900 MW started in 2022 and is able to supply clean energy to 2.7 million British homes.[91][92]
  • Saint-Brieuc (France) — offshore wind power project with a total installed capacity of 496 megawatts (MW) from 62 turbines each generating 8 MW of power, which cover a surface area of 75 km2, located 16 km off the French coast and capable of generating enough clean energy for 835,000 people.[93]
  • West of Duddon Sands (United Kingdom) — offshore wind farm, located off the northwest coast of England has a 389 MW capacity.[94]
  • Vineyard Wind I (United States) — company's first offshore wind farm in Massachusetts, with a capacity of 800 MW, which is able to meet the energy needs of over 400,000 homes.[95]
  • Commonwealth Wind (United Kingdom) — largest offshore wind project in New England that generates enough energy to power. The project is a 1,200-megawatt wind farm planned for about 20 miles south of Martha's Vineyard. Commonwealth Wind was developed by Avangrid Renewables, a part of Iberdrola Group.[96]
  • Windanker (Germany) — 300MW offshore wind farm project being developed in the German waters of the Baltic Sea, expected to be operational in 2026.[97]
  • Baltic Eagle (Germany) — offshore wind farm, located in the German waters of the Baltic Sea and poised to have an installed capacity of around 476 MW.[98]

Onshore wind edit

Geographical presence edit

The company has more than 20,000 MW of installed capacity worldwide in onshore wind energy, including the US, Mexico, Brazil, UK, Spain, Portugal, France, Poland, Hungary, Romania, Greece, Cyprus and Australia

Iberdrola has a substantial presence in Brazil's onshore wind sector, with a total capacity of 1,394 MW spread across various states. In Bahia, its Caetité Complex has had 90 MW operational since 2012. Paraíba hosts several of their facilities, including Canoas and Lagoa 1 & 2 with a combined capacity of 96 MW since 2017, and the major Complejo eólico de Chafariz at 471 MW, which began operations in 2021. The Rio Grande do Norte state has been a focal point for Iberdrola, with projects like Rio do Fogo, Mel II, Arizona I, and the expansive Calango Complex, cumulatively contributing over 300 MW. The same state also houses the Santana Complex with 54 MW of capacity.[99][80]

Iberdrola has several onshore wind facilities in Mexico, totalling 693 MW. In Oaxaca, installations include La Ventosa (80 MW, 2008), Bee Ni Stipa (26 MW, 2010), La Venta III (103 MW, 2011), an expansion of La Ventosa (22 MW, 2013), and Dos Arbolitos (70 MW, 2015). Puebla hosts Pier II (66 MW, 2015) and Pier (221 MW, 2021). Guanajuato has the Santiago Eólico project (105 MW, 2021). Most operate under a commercial PPA, with La Venta III under an Independent Power Producer arrangement.[100][101]

In the U.S., Iberdrola's Midland onshore wind project in Illinois has a total capacity of 106 MW, fully installed by December 2022, with operations starting in 2023 under a Power Purchase Agreement. The average net capacity factor for Iberdrola's existing onshore wind facilities is around 29%, with new ones at approximately 41%.[101][102]

In the UK and Ireland, Iberdrola has an extensive onshore wind portfolio. In England, facilities include Carland Cross, Coldham, Lynemouth, and Coal Clough Repowering. Northern Ireland has projects like Corkey, Rigged Hill, Elliots Hill, Callagheen, and Wolf Bog. In the Republic of Ireland, the Barnesmore facility was established in 1997. Scotland is home to a notable number of Iberdrola's onshore facilities, such as Hagshaw Hill, Beinn a Tuirc, Black Law I and II, Whitelee and its extensions, and the more recent Kilgallioch and Halsary projects. Wales features the P&L project. Most of these projects benefit from a 1.0 ROC/MWh support regime, though some later projects transitioned to 0.9 ROC/MWh or corporate PPAs.[103][104]

Iberdrola Spain has wind plants with installed power that reaches 6,446 MW, enough to supply more than 6,532,352 homes, and with a net production capacity of 5,123 GWh. In Spain, there are almost 200 wind farm installations in 13 autonomous communities.[105]

In Australia, Iberdrola has an onshore wind installation capacity of 880 MW, installed between 2005 and 2021. The support regime for these installations is a combination of the Market and Power Purchase Agreements (PPAs).[106]

In Cyprus, Iberdrola has 20 MW of onshore wind power, installed in 2011. This capacity benefits from a Feed-in Tariff (FiT) support regime.[107]

Iberdrola's onshore wind installations in Greece total 403 MW, established between 1998 and 2022. These installations are supported by a variety of regimes including Merchant, Feed-in Tariff (FiT), and Feed-in Premium (FiP).[108]

The company boasts an onshore wind capacity of 118 MW in France, installed between 2007 and 2019. The support mechanisms for these plants include FiT, Contracts for Difference (CfD), and Merchant.[109]

In Hungary, Iberdrola has a capacity of 158 MW, installed between 2008 and 2011. The installations in Hungary are supported by a Feed-in Tariff (FiT).[110]

Iberdrola's onshore wind installations in Portugal total 92 MW, installed from 2005 to 2009. These installations benefit from a FiT cap/floor support regime.[111]

In Romania, the company has an onshore wind capacity of 80 MW, set up in 2011. These installations leverage a combination of PPA and Green Certificate as their support regime.[112]

Iberdrola established onshore wind installations totalling 134 MW in Poland, between 2021 and 2022. The installations benefit from a PPA combined with Green Certificates as their support regime.[113]

Iberdrola has more than 20,000 MW of onshore wind installed capacity worldwide.[90]

According to the company's strategic plan, 25% of the investment in renewables will be allocated to increase its installed capacity in this technology by 3,100 MW.  In 2023, Iberdrola's onshore wind capacity increased by 4%, compared to 2022, reaching 20,202 MW.[90]

The company's major onshore wind energy projects include:

  • Oitis (Brazil) – an onshore wind farm complex in Brazil consisting of 12 wind farms with a total installed capacity of 566.5 MW, which makes it the largest onshore wind farm project in Latin America and the second largest in the world. The project started in 2020 and has a total area of 2.1 million m2 and is able to supply around four million people.[114][115]
  • El Escudo (Spain) — the project involves the construction of a wind farm with a capacity of 105 MW in the province of Cantabria. The project is expected to generate enough clean energy to power over 95.000 homes and reduce carbon emissions by 45,000 tons per year.[116]
  • Port Augusta Renewable Energy Park (PAREP) (Australia) — a 317 MW hybrid renewable energy project under development in Port Augusta city.[117]
  • El Cabo Wind Farm (USA) — a 1,000MW onshore wind power project. It is planned in New Mexico.[118][119]
  • Amazon US East Farm (USA) — located in Virginia, is one of the renewable energy commitments of large North American multinationals. It has been operational since 2017 and generates clean energy through wind power. The farm consists of 100 turbines and has the capacity to produce 300 MW of electricity, enough to power over 100,000 homes.[120][121]

Solar power edit

Geographical presence edit

As of 2023, Iberdrola's installed PV capacity exceeds 4,500 MW in USA, Mexico, Brazil, UK, Spain, Australia, Portugal, Italy and Greece.

In July 2023, Iberdrola Germany completed the installation of its inaugural turnkey photovoltaic system at AkzoNobel Powder Coatings GmbH in Reutlingen. Finalized in under a year by an international team, the system is expected to reduce CO2 emissions by 125 tons annually.[122]

In Brazil, subsidiary Neoenergia plans to install a floating photovoltaic plant. The project will be built on the Xaréu dam, on the island of Fernando de Noronha, in the northeast of the country. With nearly 940 panels, the plant will cover more than 50% of the energy needs of the island's water and sewage distribution network.[123]

Santiago and Hermosillo photovoltaic power plants (Mexico) are Iberdrola's largest photovoltaic power plants. Located in Mexico and commissioned in 2018. They have 660 000 PV modules and an installed capacity of 170 MW, generating 460 GWh per year. It is capable of supplying electricity to 138,000 homes.

In Great Britain, Iberdrola, through its British subsidiary ScottishPower, agreed to purchase seventeen photovoltaic solar energy projects in the United Kingdom, totalling a combined capacity of more than 800 MW. The plants spread across central England, south Wales and northern Scotland.[124]

In Australia, Port Augusta Renewable Energy Park hosts the first wind-solar hybrid plant in the world. Located in the state of South Australia, the plant combines a 210 MW capacity wind farm and a 107 MW photovoltaic plant.[38][117]

Iberdrola has expanded its presence in Italy with its first 23 MW photovoltaic installation in Montalto di Castro, Lazio. The company aims to triple its Italian project portfolio by 2025. Upon completion, the facility will power over 12,000 homes and reduce CO2 emissions by 9,600 tons annually.[125][126]

The company is also developing a resilient and dynamic pipeline of new projects with a balanced mix of mature wind, solar, and storage projects in Greece, with plans to install significant additional capacity by 2025.[127]

Fernando Pessoa Solar Farm is a renewable energy project in Santiago do Cacém, Portugal. The farm consists of over 100,000 solar panels spanning across 100 hectares of land. The project has a capacity of 25 MW and generates enough electricity to power over 10,000 homes.[128][129]

In 2023 the company installed more than 4,500 MW of solar energy capacity. Among its plans for growth in clean energy, solar photovoltaic technology will receive 24% of the investments for renewables in the company's strategic plan, allowing installed solar capacity to increase by 6,300 MW.

The company's major solar energy projects include:

  • Cedillo photovoltaic project (Spain) –  with 250,000 solar panels located in the municipalities of Majada Alta and San Antonio, these plants produce 156,000 megawatt hours (MWh) of electricity per year, enabling the distribution of clean energy to more than 45,000 households.[130]
  • Núñez de Balboa (Spain) – one of the biggest photovoltaic plants in Europe with an installed capacity of 500 megawatt peak (MWp), this facility will supply clean energy to 250,000 homes.[131] 
  • Photovoltaic power stations of Santiago and Hermosillo (Mexico) – Iberdrola's largest photovoltaic power station. Located in Mexico and commissioned in 2018, it has 660,000 photovoltaic modules and an installed capacity of 170 MW, generating 460 GWh per year. It is capable of supplying electricity to 138,000 households.[132]
  • Lund Hill photovoltaic plant (United States) – photovoltaic plant located in Klickitat, Washington, USA. It has an installed capacity of 194 MW.
  • Francisco Pizarro photovoltaic plant (Spain) – has an installed capacity of 590 MWp, and supplies clean energy to 334,400 homes.[133]

Green hydrogen edit

Geographical presence edit

Green hydrogen is produced by breaking down water using electrolysis powered by renewable energy sources.[134] Iberdrola has 60 green hydrogen projects in eight countries – The USA, Mexico, Brazil, UK, Spain, Portugal, Italy and Australia – for electrification and decarbonisation in industry and heavy transport sectors:[135]

  • In Spain, Iberdrola has a solid footprint with two operational plants in Puertollano, in collaboration with Fertiberia, and in Barcelona with TMB. Furthermore, they are exploring the potentials of green H2, ammonia, and methanol in ongoing ventures.[136]
  • In the UK, the company laid out a roadmap with three significant green hydrogen projects. The Felixstowe project, set to produce 100 MW, is focusing on port operations. The Whitelee project, with a 10 MW capacity, targets mobility, while the Cromarty initiative, boasting a 29 MW capacity, serves the whisky industry.[137]
  • In Australia, Iberdrola's green initiatives span both Tasmania and the mainland, with projects emphasising the production of green hydrogen, methanol, and ammonia.[138]
  • In Brazil, Strategic agreements have been inked with key regional authorities and ports, including Estado Rio Grande do Sul, Estado Rio Grande do Norte, Porto Açu, and Ceará, aiming to cultivate the growth of Green H2 and its derivatives.[139][86]
  • In Portugal, Iberdrola's approach in Portugal leans towards evaluating the viability of projects surrounding green steel and green ammonia.[140]
  • In the US, the company is diversifying its green hydrogen efforts in the U.S., undertaking projects suitable for both mobility and the industrial sector in six states. Notably, Texas will soon witness the construction of a green ammonia plant by Iberdrola.[141]
  • Iberdrola, in collaboration with AECOM, Ancitel Energia e Ambiente, and Cinque International, is advancing a green hydrogen project in Italy to rejuvenate areas impacted by earthquakes from 2009 to 2017. The initiative includes the development of the "Two Seas Railway," aiming to introduce green hydrogen-powered into Roman trains.[142]
  • In Mexico, the company signed an agreement with the Mexican government to develop a hydrogen production plant in the state of Veracruz, which will use renewable energy sources to produce green hydrogen. This project is part of Iberdrola's effort to promote clean energy and reduce carbon emissions in Mexico.[143]

Among the company's major green hydrogen projects is Puertollano (Spain) – the largest plant producing green hydrogen for industrial use in Europe, with a production capacity of more than 200,000 tonnes/year. It comprises a 100-MW solar photovoltaic plant, a lithium-ion battery system with a storage capacity of 20 MWh and one of the world's largest hydrogen production systems using electrolysis (20 MW) from fully renewable sources. The operation of this plant allows avoiding emissions equivalent to 48,000 tCO2/year.[144]

In Barcelona, Iberdrola also has the first commercial renewable hydrogen production and filling facility in Spain, which is used by Transports Metropolitans de Barcelona (TMB) buses and other fleets and industries in the Zona Franca industrial estate, where it is located.[144]

In May 2021, the company started a joint project with Cummins regarding the 500MW-per-year facility hydrogen electrolyser gigafactory in Spain, in the central region of Castilla-La Mancha, near Madrid.[145]

Iberdrola together with H2 Green Steel in December 2021 announced €2.3 billion Green hydrogen venture, a 1GW plant to produce and feed Green Hydrogen to a 2-million-tonne direct reduction tower, enabling Green Steel production with a reduction of CO2 emissions by 95 percent.[146] In May 2022, the company partnered with low-carbon development firm Storegga to develop, build and operate green hydrogen production plants across Scotland. The first project is the Cromarty Hydrogen Project, located north of Inverness and designed to deliver up to 20 tonnes of green hydrogen per day.[134]

In July 2022, Iberdrola began working with BP to create a joint venture for large-scale (6GW) green hydrogen production in Spain, Portugal and the UK, as well as the production of clean ammonia and methanol.[147][148]

Hydroelectric energy edit

With a global installed capacity exceeding 14,000 MW, the company supports this form of power generation. It has facilities in the US, Brazil, Spain.

Tâmega hydroelectric complex project involves the construction of three power plants: Gouvães, Daivões, and Alto Tâmega with installed capacity totalling 1,158 MW.[149]

Iberdrola España has a presence in eight hydroelectric plants and three mini-hydroelectric plants in the basin of the Douro River, the largest hydrographic basin in the peninsula, as it passes through Castile and León. More than 2,069 MW of installed capacity with the capacity to offer sustainable energy to almost one and a half million families, with the Aldeadávila dam and the Saucelle dam being the most important producers.[150][151]

Iberdrola manages multiple hydroelectric facilities in Brazil, such as the Sobradinho Dam in Bahia with a 1,050 MW capacity and the Baixo Iguaçu Hydroelectric Plant on the Iguaçu River, spanning the states of Paraná and Santa Catarina. Additionally, the company oversees the 180 MW Salto Caxias Hydroelectric Plant in Santa Catarina, the 192 MW Garibaldi Hydroelectric Plant, and the Machadinho Hydroelectric Plant, which harnesses the Pelotas River's power between Santa Catarina and Rio Grande do Sul to produce 1,140 MW.[152]

In the US, Avangrid Hydroenergy, a subsidiary of Avangrid, Inc., operates several hydroelectric facilities across the country, with the capacity to generate a significant amount of clean, renewable energy. For instance, in Maine, Avangrid Hydroenergy operates the Forest City Hydroelectric Facility, which has a capacity of 23.5 MW, providing power to approximately 15,000 households annually.[153] In New Hampshire, the company operates the Bear Swamp Hydroelectric Facility, capable of generating 600 MW of electricity, enough to power around 250,000 homes. Additionally, in Connecticut, Avangrid Hydroenergy operates the Shepaug Hydroelectric Facility, which has a capacity of 10 MW, supplying power to thousands of households.[154]

Tâmega Hydroelectric Complex (Portugal) is a project in the north of Portugal, which includes three new dams and hydroelectric plants: Gouvães, Daivões, and Alto Tâmega.[155]

Baixo Iguaçu Hydroelectric Plant (Brazil) is a project located in Paraná state. This plant helps supply energy to thousands of Brazilian homes and reinforces the company's commitment to renewable energy in the country, with installed capacity of over 350 MW and supplies renewable energy to one million people.[156]

The Aldeadávila Hydroelectric Power Station (Spain) is a plant located in the canyon of the lower section of the river Duero as it flows through the province of Salamanca, in the area known as the Arribes del Duero Natural Park. This infrastructure is one of the largest electricity generators in Spain, as its production accounts for more than 8.5% of the country's average hydroelectric generation, enough to supply 733,000 homes.[157]

Iberdrola produces 14,716 GWh of hydroelectric power worldwide. Hydroelectric energy is essential for the energy transition, and is a leader in energy storage with a capacity of 4,000 MW installed through pumped hydroelectric plants.

Smart grids edit

Geographical presence edit

The company operates one of the world's largest distribution systems, with 1.2 million kilometres of distribution and transmission lines worldwide. The Networks area of the Iberdrola Group is in charge of the construction, operation and maintenance of smart grids, power lines, substations, transformation centres and other infrastructures to transfer electricity from the production centres to the end user.

Iberdrola is involved in the construction of an undersea power transmission highway between Scotland and north-east England.[158]

The electric power line connecting the states of Minas Gerais and São Paulo, with a length of more than 1,700 kilometres, is Iberdrola's largest grid project worldwide.[159]

As of 2023, Iberdrola operates one of the largest electricity distribution systems in the world: 1.2 million kilometres of power lines, 4,500 substations and 1.6 million transformers, which distribute electricity to 34.40 million points around the world.[160]

Iberdrola has also created the Global Smart Grids Innovation Hub (GSGIH), a global centre for innovation in smart grids. This technology hub is sponsored by Iberdrola and the Provincial Council of Bizkaia.[161] It is involved in research and development in new materials and technologies to reduce the environmental impact of electrical installations, equipment to facilitate the integration of renewable energies and boost the deployment of electric vehicles, power electronics and energy storage systems, digitalisation of the distribution grid supported by the telecommunications systems, energy savings and efficiency based on demand management and reduction of losses from the grid.

Main subsidiaries edit

Iberdrola España, S.A.U. edit

Iberdrola España, S.A.U. is Iberdrola group's subholding company in Spain, which operates through its subsidiaries: Iberdrola Energía Sostenible España, S.A.U., i-DE Redes Eléctricas Inteligentes, S.A.U. and Iberdrola Energía España, S.A.U. Iberdrola España, S.A.U. was founded in 1989 and is headquartered in Bilbao, Spain. The subsidiary operates in Spain and carries out the deregulated activities of electricity generation electric power, and natural gas retailing.[162]

ScottishPower edit

See also: Scottish Power

ScottishPower was formed in 1990, in preparation for the privatisation of the previously state-owned Scottish electricity industry the following year.[163] The company  is the distribution network operator for Central and Southern Scotland, Merseyside, North Wales, and parts of Cheshire and Shropshire.  It is also the transmission owner for the south of Scotland. The UK's 4th largest energy provider,[164] ScottishPower has 3.6 million supply points across the country with 15,377 GWh of distributed energy in the first half of 2023. It operates in the United Kingdom with Scottish Power Retail Holdings Ltd. (SPRH), Scottish Power Energy Networks Holdings Ltd (SPENHL) and ScottishPower Renewable Energy Ltd (SPREL) subsidiaries.[165]

It focuses on wind energy and smart grids,[166] and has a distribution network covering 65,000 km of underground cables and 47,000 km of overhead lines. ScottishPower is involved in smart grid projects in Glasgow and Liverpool, and provides charging points as a member of the Glasgow consortium which is developing an electric vehicles project. The installed capacity in the United Kingdom has reached 6,342 MW and production has been 19,936 GWh in 2013.

Avangrid edit

See also: Avangrid

Avangrid (Iberdrola USA), which became part of the group in September 2008. In 2015 Iberdrola USA merged with UIL Holdings (parent of Connecticut's United Illuminating and other companies) to become Iberdrola-controlled Avangrid. It distributes electricity and gas to 3.3 million electricity customers and 930,000 natural gas customers. It is headquartered in Orange, Connecticut (CT), operates in 25 states and has two lines of business: Avangrid Networks and Avangrid Renewables.[167]

Avangrid Networks manages eight electricity, natural gas and combination utilities Avangrid Renewables[167] owns and operates renewable energy generation facilities across the United States.

Avangrid promotes important infrastructure projects in both Maine and New York. In Maine, CMP began construction in September 2010 of the Maine Power Reliability Program (MPRP),[168] a $1.4 billion upgrade of the state's transmission network which will also improve grid connections to Canada. It also began the roll-out of a smart meter installation plan for 625,000 customers in Maine. In New York, important infrastructure projects have been undertaken at Ithaca and Corning Valley.

Neoenergia, S.A. edit

Neoenergia is the Iberdrola Group's subholding company operating in Brazil, founded in 1997. Its shares are listed in the Brazilian stock exchange, and it comprises interests in the companies of distribution, generation, renewable energy, transmission, and electricity retail businesses operating in Brazil.[169][170]

Neoenergia is present in 18 states and manages 13.9 million supply points in a concession area of around 840,000 km2.

Iberdrola Mexico, SA de CV edit

Iberdrola México, S.A. de C.V. is a subholding company of Iberdrola in Mexico, founded in 2000.[171] Iberdrola México operates through two head of business companies: Iberdrola Generación México, S.A. de C.V. and Iberdrola Renovables México, S.A. de C.V. Iberdrola México is responsible for defining and implementing the Group's strategy in Mexico.[172]  The companies provides electricity and gas services to residential, commercial, and industrial customers across the country. Iberdrola Mexico operates in several states, including Mexico City, State of Mexico, Guadalajara, and Monterrey.[173]

Iberdrola Energía Internacional, S.A.U. edit

Iberdrola Energía Internacional, S.A.U. is a subholding company that operates outside Spain, United Kingdom, United States of America, Brazil and Mexico. Its area of operation includes the generation, transmission, and distribution of electricity, as well as the provision of energy services.[174]

Assets in Spain edit

Iberdrola's total installed capacity in Spain is 29,816 MW as of 2023, of which 20,598 MW are from renewables, 3,186 MW from nuclear, 5,695 MW CCGT and 347 MW cogeneration.

 
Aldeadávila Dam (Salamanca).

Renewables edit

Onshore wind edit

Iberdrola has around 190 onshore wind facilities with a 6,446 MW of installed capacity in more than 30 locations across Spain.

The company's major onshore wind energy project in Spain is El Escudo wind farm, 105 MW onshore wind farm able to supply clean energy to 95,350 homes.[175]

Hydroelectric edit

Iberdrola also owns hydroelectric plants with a total installed capacity of 10,700 MW, especially in the Duero river basin (provided by Iberduero) and the Tajo and Segura river basins. (provided by Hidroeléctrica Española). The company has 86 facilities in 16 locations across Spain.  

In 2013 construction was finished on the 848 MW La Muela plant (at Cortes de Pallás, Valencia) – one of Europe's largest pumped-storage hydropower plants,[176][177][178] as well as Santo Estevo hydroelectric complex (175 MW) on the river Sil, and the San Pedro II project.[179]

The company's major hydroelectric projects in Spain include:

  • Tâmega hydroelectric complex[180]  – three new power plants: Gouvães, Daivões and Alto Tâmega on the Tâmega river, with a total installed capacity of 1158 MW.
  • Cortes-La Muela hydroelectric power plant in the province of Valencia, Valencia region, with an installed capacity of 1720 MW.
  • Aldeadávila hydroelectric power station, in the province of Salamanca Castilla y León, with 1275 MW of installed capacity.
  • José María Oriol-Alcántara II hydroelectric power station, in the province of Cáceres, Extremadura, with 915 MW of installed capacity.
  • Villarino hydroelectric power station, in the province of Salamanca, Castilla y León, with 810 MW of installed capacity.
  • Saucelle hydroelectric plant, in the province of Salamanca, with 525 MW of installed capacity.

Solar edit

Iberdrola's solar energy production in Spain includes 37 facilities in 15 locations with a total installed capacity of 3,186 MW.

The company's major solar energy projects include:

  • Cedillo photovoltaic project –  250,000 solar panels producing 156,000 MWh of electricity per year.[35]
  • Núñez de Balboa – one of the biggest photovoltaic plants in Europe with an installed capacity of 500 MW.[35]
  • Francisco Pizarro – the largest solar power plant in Europe, with a capacity of 590 MW.[181][182]

Wind-solar edit

In 2023, the company built the first hybrid wind and solar complex in Spain, in the province of Burgos. It constructed two photovoltaic (PV) plants of 41MW and 33MW respectively, which will have more than 170,000 modules.[183]

Green Hydrogen edit

The company's major green hydrogen projects include:

Puertollano – largest plant producing green hydrogen for industrial use in Europe with a production capacity of more than 200,000 t/year.[144]

Combined cycle plants edit

  • C. T. de Castejón 2, in Castejón (Navarre), with 386 MW.
  • C. T. de Castellón, in Castellón, with two units with a combined 1,650 MW.
  • C. T. de Santurce, in Santurce (Vizcaya), with 402 MW.
  • C. T. Tarragona Power, in Tarragona, with 424 MW.
  • C. T. de Arcos de la Frontera, in Arcos de la Frontera (Cádiz), with two groups with a combined 1,613 MW.
  • C. T. Bahía de Bizkaia, in Ciérvana (Vizcaya), which is operated jointly with three other operators (EVE, Repsol YPF and BP with 25% each), of 780 MW.
  • C. T. de Aceca, in Villaseca de la Sagra (Toledo), of 391 MW.
  • C. T. de Escombreras, in Cartagena (Murcia), with 831 MW.

Nuclear plants edit

Iberdrola operates the following five nuclear plants individually or jointly with other companies:

Assets in Worldwide edit

Iberdrola has various power plants worldwide, with a considerable focus on renewable energies, especially wind and hydroelectric power. There are the most notable power plants and renewable installations:

  • Wikinger Offshore Wind Farm (Germany): located in the Baltic Sea, the Wikinger offshore wind farm is a testament to Iberdrola's commitment to renewable energy. With 70 wind turbines, it can produce up to 350 MW.[184][185]
  • Whitelee Wind Farm (Scotland): the largest onshore wind farm in the UK, Whitelee has a capacity of 539 MW.[186]
  • East Anglia One Offshore Wind Farm (UK): located off the coast of Suffolk, this is one of the world's largest wind farms, with a total capacity of approximately 714 MW.
  • Tâmega Complex (Portugal): this major hydroelectric project consists of three plants and will have a total installed capacity of over 1,158 MW upon completion.
  • Rocha Candeias Hydro Plant (Brazil): an essential hydroelectric plant in Iberdrola's South American portfolio.
  • Baixo Iguaçu Hydroelectric Power Plant (Brazil): another significant hydroelectric facility in Brazil, with a capacity of 350 MW.
  • Cenace Wind Farm (Mexico): part of Iberdrola's extensive operations in Mexico, this wind farm boasts a capacity of over 100 MW.

Renewable energy edit

See also: Iberdrola Renovables
 
Iberdrola wind generators in the Park La Cotera (Burgos).

Headquartered in Valencia (Paseo de la Alameda), the Iberdrola Renovables subsidiary had been listed on the stock exchange from December 2007 until July 2011, when Iberdrola decided to re-acquire the minority shares and integrate it into the parent company.[187][188]

In Q1 2023, Iberdrola reported having operating installed capacity of 62,045MW of which 41,246 MW is renewable.[189]  Its clean energy capacity increased by 5.7% compared to 2022.[9][8]

Iberdrola increased its investments in renewables with 8% and has 7,100 MW of renewable energy under construction. It plans to build 52,000 MW until 2025.[9]

Major assets

  • Renewable Energy Operations Centres – CORE (Toledo, Portland and Glasgow)

Iberdrola's Renewable Energy Operations Centres (CORE for its initials in Spanish) in Toledo, Portland and Glasgow control all Iberdrola's renewables facilities and its related substations worldwide. Iberdrola's first CORE was set up in Toledo in 2003, with the other two coming on stream since.

With initial installed capacity of 322 MW, it is currently being enlarged to 539 MW. The complex is situated south of Glasgow and covers an area of 55 square kilometres, the same as that occupied by Glasgow itself.[190]

  • The El Andévalo wind farm (Huelva, Spain)

The El Andévalo wind farm, which was commissioned in 2010, is the largest wind power facility in Spain and continental Europe. It has installed capacity of 292 MW and is located between the towns of El Almendro, Alosno, San Silvestre and Puebla de Guzmán in the south of Huelva province. To transfer the power generated by these wind farms and connect them to the transmission grid, Iberdrola has built a new 120-kilometre line between Spain and Portugal, which means this complex occupies a key strategic position in the power interconnections between the two countries.[191]

The Peñascal wind farm[192] is the largest facility operated by the company worldwide, with installed capacity of 404 MW. Located in Kennedy County, Texas, its innovative features include a radar that detects the arrival of large flocks of migratory birds and shuts down the turbines if visibility conditions represent a danger.

  • Núñez de Balboa solar plant (Badajoz Province, Spain)

The 500-megawatt Núñez de Balboa photovoltaic facility entered its testing phase in January 2020.[193][194]

Public activities edit

In 2006 Iberdrola founded the Corporate Volunteering Program, a global initiative aimed at supporting Iberdrola's employees in their participation in social projects in integrating members of vulnerable groups into society, improving the environment and sustainable development.[195]  

In 2022, more than 16,800 volunteers participated in the Corporate Volunteering Programme delivering help to more than half a million people. Some of its projects include: Protagonists of their Future (aimed at women victims of gender-based violence and at risk of social exclusion),[196] SUMA (aimed at the return of women to work after a break in their professional career), INVOLVE (International Volunteering Vacation for Education, within which Iberdrola employees help vulnerable teenagers to improve their employability through computer science and web applications),[197] Lights... and Action! (a project carried out since 2011 with the Tomillo Foundation aimed at improving the training and employability of young people who study basic vocational training for teenagers with experiences of school failure), The Job Ambassadors Programme (volunteers have participated in the training of people from the Multiple Sclerosis Foundation (EMF) who are seeking employment), Environmental Volunteering (Forest Restoration on International Forest Day, with 1,100 trees planted through various initiatives in which people with intellectual and school disabilities have also participated),[198] initiatives to encourage scientific vocation and equal opportunities on International Women's and Girls’ Day in Science and on Women's Day, World Cancer Day (initiatives to raise awareness of the importance of supporting research and hair donation for vulnerable, underprivileged women),[199]  International Happiness Day (1,600 meals distributed to vulnerable families), SDGs at school (a school awareness project on SDGs) I Can (a project that prepares people with intellectual disabilities to secure and keep a job and lead an independent life).[200] Through Iberdrola with Refugees volunteer initiative founded in 2015, it has assisted to a thousand refugees from Syria, Palestine, Afghanistan and Mali in adapting, integrating and improving their autonomy.[201][202]

In 2022, after the beginning of Russian invasion of Ukraine, Iberdrola's Corporate Volunteering Program involved 12,000 people in the Volunteers for Ukraine programme to collaborate in helping Ukrainian people, including providing shelter, warm clothes, mattresses, blankets, water and food for the people who were leaving Ukraine. The company has sent eight tonnes of humanitarian aid donated by its employees in Spain to Ukraine in March 2022. The company also raised funds, doubling the amounts donated by its employees for the United Nations High Commissioner for Refugees (UNHCR) to provide shelter, immediate food and emergency care.[201]

Also in 2022, Iberdrola guaranteed gas and power supply for five months to customers in Spain who were deemed vulnerable by the humanitarian group the Red Cross. The company also provided the ability to spread out payments over 12 months at no extra cost. Residential customers also received help in paying their bills over longer periods if the Red Cross assessed their circumstances and considers that they were vulnerable.[203]

In February 2022, Ignacio Galán, the Chairman of Iberdrola, together with businessmen from the European Round Table for Industry (ERT), the President of France Emmanuel Macron, the German Chancellor, Olaf Scholz and the President of the European Commission, Ursula Von der Leyen, held a meeting in Paris to address the Russian aggression against Ukraine and to promote ways for peace in Europe.[203]

Sports sponsorships edit

Iberdrola serves as an Equality Partner for the Spanish Olympic Committee and supports both the Olympic and Paralympic. The company supports Spanish sports for more than two decades through global agreements with the Spanish Higher Sports Council (Consejo Superior de Deportes – CSD) and the Spanish Olympic and Paralympic Committees (COE and CPE), as well as with various sports federations. The company has been a sponsor of the Spanish Paralympic Team since its inception in 2005, contributing to the Paralympic Objective Sport Support (ADOP) plan. The ADOP plan comprises a Scholarship Programme aimed at granting athletes financial assistance alongside a Services Program encompassing a comprehensive training support system with access to advanced training facilities, medical care, and more.[204]

The company promotes 32 National Federations (including the National Federations of Athletics, Badminton, Handball, Boxing, Ice Sports, Fencing, Football, Gymnastics, Hockey, Karate, Canoeing, Rugby, Surfing, Table Tennis, Triathlon and Volleyball, to which in 2018 were added Underwater Activities, Bowling, Winter Sports, Weightlifting, Judo, Olympic Wrestling, Mountaineering and Climbing, Swimming, Skating, Ball, Rowing, Squash, Taekwondo, Tennis, Archery and Sailing), and has more than 100 competitions with the naming right Iberdrola, including 32 leagues.[205][206][207] Iberdrola supports sailing, including the Iberdrola Sailing Team, achieving notable results in national and international competitions.[208][209] Since 2016, Iberdrola has been promoting and sponsoring women's sport in Spain, supporting 600,000 federated women.[210] In 2016, Iberdrola became the main promoter of the Universo Mujer (Women Universe) programme of the National Sports Council.[211][206]

Iberdrola signed a sponsorship agreement with The Royal Spanish Football Federation (RFEF) as a main sponsor of the Spain national football team in 2009–2010 season. During the company's sponsorship, the National Team won the 2010 World Cup.[212]

In August 2016, Iberdrola became the main promoter of women's football in Spain under an agreement with the Federation of Universo Mujer and as of 2023, the company is the main sponsor of the Spain women's national football team, the Under-19 and Under-17 national teams, the First Division of Women's Football – the Primera Iberdrola, as well as the Copa de La Reina-Iberdrola and Supercopa-Iberdrola, among others.[213][207][214]

In August 2023, during the Iberdrola's sponsorship, Spanish Women's National Team won the world championship in Australia and New Zealand.[215]

Iberdrola also promotes women's football in Brazil and Scotland. Iberdrola's subsidiary Neoenergia became first dedicated sponsor of Brazilian women's football when it signed an agreement with Brazilian Football Confederation (CBF) in 2021.[216][217] Other Iberdrola's subsidiary ScottishPower is a sponsor of women and girls football in Scotland. It has agreed a three-year partnership and sponsorship deal with Scottish Women's Football (SWF) and the Scottish Women's Premier League (SWPL) to support women's football at every age and stage, and becoming the exclusive Principal Partner for Scottish Women's Football and the Scottish Women's Premier League, sponsoring the Scottish Youth Challenge Cups at all three age groups as well as the Scottish Women's Highlands and Islands League.[218]

See also edit

References edit

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External links edit

  • Official website

Press articles edit

  • We need a co-ordinated European energy policy and an end to states protecting their own interests
  • Maine chooses Iberdrola to build gas pipeline to state properties[permanent dead link]
  • Iberdrola Begins Work On Its First German Offshore Wind Farm, Plans 11 GW Of Offshore Wind In Europe
  • Iberdrola joint venture bags $182 million investment for Brazilian wind farms
  • Iberdrola USA Foundation and Fundacion Iberdrola Scholarship Program Completes Successful First Year
  • Iberdrola invests 1.6 bln eur in German wind farm
  • Wind energy in Poland: Iberdrola opens a wind farm
  • Iberdrola prices 750 mln euro 2017 bond
  • Iberdrola USA Subsidiaries Recognized for Outstanding Sandy Recovery Efforts
  • Iberdrola sells 1 billion euro bond

March 14, 2024
iberdrola, spanish, pronunciation, iβeɾˈðɾola, spanish, multinational, electric, utility, company, based, bilbao, spain, workforce, around, employees, serving, around, million, customers, subsidiaries, include, scottish, power, united, kingdom, significant, pa. Iberdrola Spanish pronunciation ibeɾˈdɾola is a Spanish multinational electric utility company based in Bilbao Spain Iberdrola has a workforce of around 40 000 employees serving around 30 million customers 2 3 Subsidiaries include Scottish Power United Kingdom and a significant part of Avangrid United States amongst others 4 As of 2023 update the largest shareholder of the company is the Qatar Investment Authority with BlackRock and Norges Bank also holding significant interests 5 Iberdrola S A Headquarters in Iberdrola Tower BilbaoCompany typeSociedad AnonimaTraded asBMAD IBEISINES0144580Y14IndustryElectric utilityFounded1 November 1992 31 years ago 1992 11 01 HeadquartersIberdrola Tower Bilbao SpainKey peopleIgnacio Galan Chairman and CEO ProductsElectricity generation and distribution renewable energy natural gas production sale and distribution telecommunicationsRevenue 53 949 billion 2022 1 Operating income7 984 000 000 euro 2022 Net income 4 339 billion 2022 1 Total assets 154 billion 2022 1 Number of employees40 090 2022 1 SubsidiariesElektro Holding Avangrid partially owned Scottish PowerWebsiteiberdrola comIberdrola is the largest producer of wind power and the world s second electricity utility by market capitalisation 6 7 As of 2023 the company operates a capacity of 62 045 MW of which 41 246 MW are from renewable sources worldwide 8 9 Contents 1 History 1 1 Early history 1 2 Post WWII 2 Acquisitions 3 Company chairpersons 4 Lines of business 4 1 Renewable energy 4 1 1 Offshore wind 4 1 2 Onshore wind 4 1 2 1 Geographical presence 4 1 3 Solar power 4 1 4 Geographical presence 4 1 5 Green hydrogen 4 1 5 1 Geographical presence 4 2 Hydroelectric energy 4 3 Smart grids 4 3 1 Geographical presence 5 Main subsidiaries 5 1 Iberdrola Espana S A U 5 2 ScottishPower 5 3 Avangrid 5 4 Neoenergia S A 5 5 Iberdrola Mexico SA de CV 5 6 Iberdrola Energia Internacional S A U 6 Assets in Spain 6 1 Renewables 6 1 1 Onshore wind 6 1 2 Hydroelectric 6 2 Solar 6 3 Wind solar 6 4 Green Hydrogen 6 5 Combined cycle plants 6 6 Nuclear plants 7 Assets in Worldwide 8 Renewable energy 9 Public activities 10 Sports sponsorships 11 See also 12 References 13 External links 13 1 Press articlesHistory editEarly history edit Iberdrola was created on November 1 1992 from the merger between Hidroelectrica Espanola and Iberduero 10 11 Hidroelectrica Espanola also known as Hidrola had started in 1907 while Iberduero arose from the merger between Hidroelectrica Iberica and Saltos del Duero in 1944 As of 2011 and with the integration of ScottishPower and Energy East now renamed Iberdrola USA the company has become a major multinational group The origin of Iberdrola lies in the Spanish industrialisation in the early 20th century In 1840 American entrepreneurs founded the Hartford City Light Company which lead to the incorporation of Energy East on the eastern seaboard of the US which would much later become Iberdrola USA Meanwhile in Bilbao in 1901 Hidroelectrica Iberica was established by the engineer Juan de Urrutia In 1907 Hidroelectrica Iberica shareholders created Hidroelectrica Espanola to supply Madrid and Valencia A decade later Saltos del Duero was founded opening the country s first hydroelectric facility in 1935 the Ricobayo power plant World War I forced the industry to seek new sources of energy and to install large distribution networks Amid huge instability US power companies underwent consolidation to decrease their financial uncertainty However the stock market crash of 1929 and the accompanying Great Depression brought many of these companies to the verge of ruin In Spain which had experienced a period of economic growth at the start of the 20th century the industry suffered a severe setback in 1936 whose impact would be felt for the following two decades the Spanish Civil War abruptly halted development destroyed facilities and made maintaining the remaining equipment extremely difficult In the 1940s Spain experienced extreme difficulty in acquiring technology and materials due to international isolation and soaring prices The company benefited from the legal and social framework of the francoist dictatorship for its growth in economic and social relevance Notably the president between 1935 and 1985 of one of the former mergers Hidroelectrica Espanola Jose Maria de Oriol y Urquijo was a relevant Spanish nationalist who allegedly declared to have been part in the investigation and prosecution of more than 80 000 people in the Basque Country 12 Post WWII edit In 1944 Hidroelectrica Iberica and Saltos del Duero merged to form Iberduero In 1955 the South of Scotland Electricity Board SSEB came into being paving the way for the creation of ScottishPower four decades later in 1990 Two years after that Hidroelectrica Espanola and Iberduero merged to form Iberdrola In the latter part of the 20th century Iberdrola began expanding into Latin America mainly Mexico and Brazil With ScottishPower and Iberdrola formed in Europe in 1998 Energy East Corporation came into being in the US following New York State Electric amp Gas s acquisition of Central Maine Power Southern Connecticut Gas Company Connecticut Natural Gas Company Berkshire Gas Company and RGS Energy Group the parent of Rochester Gas amp Electric Following the arrival of Jose Ignacio Sanchez Galan in 2001 Iberdrola began focusing on renewable energy In 2007 the company continued its international expansion increasing its presence in the UK and the US via the integration of ScottishPower 13 and Energy East 14 As a culmination of his commitment to renewable energy Jose Ignacio Sanchez Galan has received the ESG Leadership Award from The Foreign Policy Association in New York which recognizes leaders most committed to ESG principles 15 By 2011 Iberdrola had moved into the Brazilian market with the acquisition of Elektro 16 In 2015 the company made another significant move in the U S by acquiring United Illuminating UIL 17 a publicly traded company for 2 647 million euros That same year following the integration of Iberdrola USA and UIL Holdings Corporation Avangrid was established and began trading on the New York Stock Exchange In 2020 multiple acquisitions by Iberdrola were made The company acquired Infigen Energy 18 in Australia and subsequently renamed it Iberdrola Australia In France the company acquired Aalto Power 19 a renewable energy company with a focus on wind energy projects In the U S Iberdrola made a move to purchase PNM Resources 20 an electricity provider for Texas and New Mexico with the acquisition process subject to approval from the New Mexico Regulatory Commission Additional 2020 acquisitions included CEB D distributor in Brazil and Acacias Renewables in Japan 21 In 2021 Iberdrola ventured into the Taiwanese market by acquiring offshore wind projects 22 By 2023 the company diversified its portfolio by selling assets from non renewable sources in Mexico to Mexico Infrastructure Partners MIP Since 2001 the company has been committed to renewable energies and since 2006 it has continued its international expansion increasing its presence in the United Kingdom the United States and Brazil In 2014 the 850 MW La Muela II pumped storage hydroelectric power plant began operating which together with La Muela I is the largest complex of its kind in Europe with almost 1 500 MW The same year Iberdrola s first offshore wind farm in the Irish Sea United Kingdom West of Duddon Sands with 389 MW of power was launched as well as Maine high voltage transmission line connecting the United States and Canada was installed In 2015 the company committed to reduce CO2 emissions by 50 by 2030 and at the end of 2017 announced its intention to close all of its coal fired power plants worldwide 23 Iberdrola announced an investment to a total of 47 billion of which 17 billion in renewables to increase renewable capacity by 12 100 MW to 52 000 MW in 2025 6 300 MW of photovoltaic 3 100 MW of onshore wind 1 800 MW of offshore 700 MW of batteries and 200 MW of hydro 24 25 26 Iberdrola started sponsoring Women s Soccer League in Spain which adopted its name Primera Iberdrola and collaborated with the Consejo Superior de Deportes The National Sports Council in the Universo Mujer program in 2016 27 28 The same year it launched Calangos complex in Brazil the largest wind power facility in South America 29 In 2019 it launched the call for its 2020 Social Program to support vulnerable groups with a budget of more than one million euros 30 The company also inaugurated the Baixo Iguacu hydroelectric plant supplying clean energy to one million Brazilians 31 East Anglia ONE offshore wind farm started generating clean electrical energy Iberdrola launched i DE the new brand of its electricity distribution activity in Spain which manages 270 000 km of digitalised power lines That year Iberdrola entered the ranking of the 100 most sustainable companies in the world according to the latest classification carried out by Corporate Knights 32 The European Commission classified Iberdrola as the most innovative Spanish utility and third of Europe 33 34 Iberdrola s direct tax contribution worldwide amounted to 8 156 million euros in 2019 217 million more than in 2018 In 2020 the company s investments of 8 158 million euros raised Iberdrola s net profit to 3 406 million euros in 2019 That year the largest photovoltaic plant in Europe was commissioned the Nunez de Balboa plant 500 MW in Badajoz 35 36 Iberdrola located its global smart grid innovation center in Spain In Australia construction was started on Port Augusta its first wind solar hybrid plant in the world 37 38 In the United States the purchase operation of PNM Resources the electricity company of New Mexico and Texas was pending permission from the Regulatory Commission 39 Also in 2020 and 2021 the company was listed among the 10 best companies in the world in terms of integration of women according to the World s Top Female Friendly Companies 2021 study 40 as well as in the Dow Jones Sustainability Index being the only European utility company to be named in 22 editions of the index 41 42 In 2021 Iberdrola announced through its British subholding Scottish Power the investment of an additional 6 billion pounds 7 090 million euros in the construction of the East Anglia Hub offshore wind farm North Sea United Kingdom 42 This offshore wind macro complex is bringing together three projects with a total installed capacity of 2 900 MW East Anglia ONE North East Anglia TWO and East Anglia THREE The works involving an investment of 10 billion pounds began in 2022 and planned to last four years 43 In 2022 the company inaugurated the Puertollano green hydrogen plant Puertollano Ciudad Real able to produce up to 3 000 tonnes of renewable hydrogen per year and supply clean hydrogen to the Fertiberia Group factory in town allowing to reduce the consumption of natural gas 44 The total investment in the Puertollano plant is 150 million euros It includes both green hydrogen facilities and a dedicated photovoltaic plant It is able to reach up to 3 000 tons of green hydrogen per year and avoid the emission of 78 000 tons of CO2 per year 45 In 2022 Iberdrola inaugurated the Tamega hydroelectric complex Tamega River northern Portugal with an investment of 1 5 billion euros It involves the construction of three dams and three power plants Gouvaes Daivoes and Alto Tamega with a combined capacity of 1 158 megawatts MW increasing 6 of the total electrical power in the country 46 In 2022 investments of 10 730 million euros raised Iberdrola s net profit to 4 339 million euros which represents an increase of 11 6 compared to the previous year During the year Iberdrola reached 40 GW of operational renewable energy and expects to add 7 675 MW in the next four years of which 3 500 MW will be offshore wind In addition it reached an emission of 59 grams CO2 kWh in Europe 47 At the beginning of 2022 Iberdrola commissioned a 730 km energy transmission line in Brazil the largest power line across its operations globally 48 49 At the end of 2022 Iberdrola Group had 60 761 MW of total installed capacity of which 40 066 MW is renewable 50 In 2023 the company reached a capacity of 62 045MW and 41 246 MW respectively increasing the renewables by 6 5 worldwide 9 8 51 In February 2023 the company started developing a solar module factory in Langreo Spain with an initial investment of 20 million In March 2023 Iberdrola and BP signed a strategic alliance to accelerate the deployment of electric mobility and decarbonisation of transport Specifically their collaboration includes investing 1 billion to deploy a network of 11 700 fast and ultra fast charging points for electric vehicles in Spain and Portugal 52 53 54 In April 2023 Iberdrola signed a memorandum of understanding with Mexico Infrastructure Partners to sell 8539 MW of capacity from its gas fired plants and its 103 MW wind asset La Venta III as part of the 6 billion deal 55 56 The company remained the primary private producer of renewable energy in Mexico and this initiative is in line with its carbon reduction goals 57 The company entered into a strategic partnership with the Abu Dhabi based company Masdar to jointly develop the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea in summer 2023 58 59 In July 2023 Iberdrola agreed on a deal with Vodafone to provide renewable energy across three countries Spain Portugal and Germany with 410GWh of solar energy from newly constructed solar plants 60 As of the summer of 2023 7 100 MW of new renewables capacity is under construction globally for a total investment of 12 billion of which 3 000 MW relates to offshore wind 61 According to the data published by the National Securities Market Commission CNMV in July 2023 the company has increased its renewables installed capacity by 6 5 worldwide in the last 12 months reaching a total of 41 246 MW 9 8 As of 2023 the company has a workforce of 41 000 employees and assets of more than 160 billion 62 In 2023 Iberdrola s net profit for the first half rose to 2 52 billion from 2 08 billion euros a year earlier 63 Acquisitions editIn 2006 Iberdrola acquired ScottishPower leading to the integration of this company in April 2007 This gave rise to Europe s third largest utility In 2008 Iberdrola continued its expansion with the acquisition of the US based company Energy East further solidifying its global presence In 2011 the company expanded its operations into Brazil by acquiring the company Elektro a strategic move to tap into the Brazilian market In 2015 Iberdrola acquired the US company United Illuminating for a total of 3 billion euros This acquisition bolstered Iberdrola s presence in the American market 64 Also in 2015 Iberdrola established Avangrid through the integration of Iberdrola USA and UIL Holdings Corporation This move led to the commencement of trading on the New York Stock Exchange strengthening Iberdrola s position in the United States 65 In 2020 Iberdrola acquired the Australian company Infigen Energy 66 Subsequently the company was renamed Iberdrola Australia the following year In 2020 Iberdrola expanded its renewable energy portfolio with the acquisition of Aalto Power a French company specialising in renewable energy and Ailes Marines 67 Aalto Power was involved in wind energy projects both in operation and in development 68 Also in 2020 Iberdrola made an important move in the United States by purchasing PNM Resources an electricity company serving Texas and New Mexico 69 However the completion of this acquisition is subject to approval from the New Mexico Regulatory Commission In the same year Iberdrola furthered its presence in Brazil by acquiring the CEB D distributor enhancing its footprint in the Brazilian energy market 70 Additionally Iberdrola expanded its global reach by acquiring Acacias Renewables a company operating in the renewable energy sector in Japan 71 In 2021 Iberdrola acquired offshore wind projects in Taiwan 72 In 2023 the company sold its non renewable assets in Mexico to Mexico Infrastructure Partners MIP aligning with its strategic focus on renewable energy 73 Company chairpersons editHidrola chairmenJose Luis de Oriol y Uriguen 1910 1911 1936 1941 Jose Maria de Oriol y Urquijo 1941 1960 Inigo de Oriol e Ybarra 1960 1992 Iberduero chairmenPedro de Careaga y Baseabe 2nd Count of Cadagua 1977 Pedro de Areitio 1977 1981 Manuel Gomez de Pablos 1992 Iberdrola chairmenInigo de Oriol e Ybarra 1992 2005 Jose Ignacio Sanchez Galan 2005 to present Lines of business editRenewable energy edit In 2023 the company has 41 250 MW of operational renewables and 7 100 MW under construction 74 25 The Renewables area of the Iberdrola group is responsible for the generation and sale of electrical energy from renewable sources wind onshore and offshore solar hydroelectric green hydrogen etc 75 7 At the end of 2022 Iberdrola Group had 60 761 MW of total installed capacity of which 40 066 MW is renewable In 2023 the company reached a capacity of 62 045 MW and 41 246 MW respectively increasing the renewables by 6 5 worldwide 9 8 Offshore wind edit One of the group s main vectors is offshore wind It has facilities in UK Germany USA France and develops offshore wind activities in Poland 76 Sweden 77 Ireland 78 the United States 79 Brazil 80 the Philippines 81 and Japan expanding its offshore wind portfolio to 30 GW Japan Following the acquisition of Acacia Renewables now Iberdrola Renewables Japan the company has partnered with Macquarie s GIG for a 3 3 GW offshore wind project in southwest Japan Additionally the Seihoku oki offshore wind project of 600 MW is in development with Cosmo Eco Power and Hitz engineering 21 82 Taiwan Iberdrola Taiwan is progressing two offshore wind projects Da Chung Bu 1 200 MW and Guo Feng 350 MW aiming for the 2023 selection in Taiwan s Zonal Development Round 3 2 83 Ireland Iberdrola is working on the Inis Ealga and Clarus wind farms in County Cork and County Clare respectively using floating offshore wind technology The Shellalere project off the east coast will use fixed foundations Combined these projects will power about 2 6 million homes 84 85 Philippines An agreement with Triconti ECC Renewables grants Iberdrola the option on five offshore wind projects with a potential total capacity of 3 5 GW 81 Brazil Through Neoenergia Iberdrola is partnering with Rio Grande do Sul s government on offshore wind endeavours Key projects include the Aguas Claras park and the Jangada Maritime Wind Complex each with capacities in the gigawatt range 86 Sweden A collaboration with Svea Vind Offshore AB aims to develop a 9 GW offshore wind energy portfolio expected to be operational by 2029 87 Poland Iberdrola s agreement with Augusta Energy will increase its Polish renewable capacity to 261 MW with a mix of wind and solar projects slated for completion in 2023 88 At the end of 2022 Iberdrola had 1 258 MW offshore in operation and 5 500 MW under construction or secured with long term contracts which will come into operation before 2027 thanks to investments of nearly 30 000 million euros worldwide during this decade 89 As of 2023 the company has 1 3 GW offshore wind capacity in operation with 5 500 MW under construction which will come into operation before 2027 During the last decade Iberdrola invested 30 000 million euros in offshore wind 90 The company s major offshore wind energy projects include East Anglia Hub United Kingdom Iberdrola s biggest offshore wind project worldwide with total installed capacity of 2 900 MW started in 2022 and is able to supply clean energy to 2 7 million British homes 91 92 Saint Brieuc France offshore wind power project with a total installed capacity of 496 megawatts MW from 62 turbines each generating 8 MW of power which cover a surface area of 75 km2 located 16 km off the French coast and capable of generating enough clean energy for 835 000 people 93 West of Duddon Sands United Kingdom offshore wind farm located off the northwest coast of England has a 389 MW capacity 94 Vineyard Wind I United States company s first offshore wind farm in Massachusetts with a capacity of 800 MW which is able to meet the energy needs of over 400 000 homes 95 Commonwealth Wind United Kingdom largest offshore wind project in New England that generates enough energy to power The project is a 1 200 megawatt wind farm planned for about 20 miles south of Martha s Vineyard Commonwealth Wind was developed by Avangrid Renewables a part of Iberdrola Group 96 Windanker Germany 300MW offshore wind farm project being developed in the German waters of the Baltic Sea expected to be operational in 2026 97 Baltic Eagle Germany offshore wind farm located in the German waters of the Baltic Sea and poised to have an installed capacity of around 476 MW 98 Onshore wind edit Geographical presence edit The company has more than 20 000 MW of installed capacity worldwide in onshore wind energy including the US Mexico Brazil UK Spain Portugal France Poland Hungary Romania Greece Cyprus and AustraliaIberdrola has a substantial presence in Brazil s onshore wind sector with a total capacity of 1 394 MW spread across various states In Bahia its Caetite Complex has had 90 MW operational since 2012 Paraiba hosts several of their facilities including Canoas and Lagoa 1 amp 2 with a combined capacity of 96 MW since 2017 and the major Complejo eolico de Chafariz at 471 MW which began operations in 2021 The Rio Grande do Norte state has been a focal point for Iberdrola with projects like Rio do Fogo Mel II Arizona I and the expansive Calango Complex cumulatively contributing over 300 MW The same state also houses the Santana Complex with 54 MW of capacity 99 80 Iberdrola has several onshore wind facilities in Mexico totalling 693 MW In Oaxaca installations include La Ventosa 80 MW 2008 Bee Ni Stipa 26 MW 2010 La Venta III 103 MW 2011 an expansion of La Ventosa 22 MW 2013 and Dos Arbolitos 70 MW 2015 Puebla hosts Pier II 66 MW 2015 and Pier 221 MW 2021 Guanajuato has the Santiago Eolico project 105 MW 2021 Most operate under a commercial PPA with La Venta III under an Independent Power Producer arrangement 100 101 In the U S Iberdrola s Midland onshore wind project in Illinois has a total capacity of 106 MW fully installed by December 2022 with operations starting in 2023 under a Power Purchase Agreement The average net capacity factor for Iberdrola s existing onshore wind facilities is around 29 with new ones at approximately 41 101 102 In the UK and Ireland Iberdrola has an extensive onshore wind portfolio In England facilities include Carland Cross Coldham Lynemouth and Coal Clough Repowering Northern Ireland has projects like Corkey Rigged Hill Elliots Hill Callagheen and Wolf Bog In the Republic of Ireland the Barnesmore facility was established in 1997 Scotland is home to a notable number of Iberdrola s onshore facilities such as Hagshaw Hill Beinn a Tuirc Black Law I and II Whitelee and its extensions and the more recent Kilgallioch and Halsary projects Wales features the P amp L project Most of these projects benefit from a 1 0 ROC MWh support regime though some later projects transitioned to 0 9 ROC MWh or corporate PPAs 103 104 Iberdrola Spain has wind plants with installed power that reaches 6 446 MW enough to supply more than 6 532 352 homes and with a net production capacity of 5 123 GWh In Spain there are almost 200 wind farm installations in 13 autonomous communities 105 In Australia Iberdrola has an onshore wind installation capacity of 880 MW installed between 2005 and 2021 The support regime for these installations is a combination of the Market and Power Purchase Agreements PPAs 106 In Cyprus Iberdrola has 20 MW of onshore wind power installed in 2011 This capacity benefits from a Feed in Tariff FiT support regime 107 Iberdrola s onshore wind installations in Greece total 403 MW established between 1998 and 2022 These installations are supported by a variety of regimes including Merchant Feed in Tariff FiT and Feed in Premium FiP 108 The company boasts an onshore wind capacity of 118 MW in France installed between 2007 and 2019 The support mechanisms for these plants include FiT Contracts for Difference CfD and Merchant 109 In Hungary Iberdrola has a capacity of 158 MW installed between 2008 and 2011 The installations in Hungary are supported by a Feed in Tariff FiT 110 Iberdrola s onshore wind installations in Portugal total 92 MW installed from 2005 to 2009 These installations benefit from a FiT cap floor support regime 111 In Romania the company has an onshore wind capacity of 80 MW set up in 2011 These installations leverage a combination of PPA and Green Certificate as their support regime 112 Iberdrola established onshore wind installations totalling 134 MW in Poland between 2021 and 2022 The installations benefit from a PPA combined with Green Certificates as their support regime 113 Iberdrola has more than 20 000 MW of onshore wind installed capacity worldwide 90 According to the company s strategic plan 25 of the investment in renewables will be allocated to increase its installed capacity in this technology by 3 100 MW In 2023 Iberdrola s onshore wind capacity increased by 4 compared to 2022 reaching 20 202 MW 90 The company s major onshore wind energy projects include Oitis Brazil an onshore wind farm complex in Brazil consisting of 12 wind farms with a total installed capacity of 566 5 MW which makes it the largest onshore wind farm project in Latin America and the second largest in the world The project started in 2020 and has a total area of 2 1 million m2 and is able to supply around four million people 114 115 El Escudo Spain the project involves the construction of a wind farm with a capacity of 105 MW in the province of Cantabria The project is expected to generate enough clean energy to power over 95 000 homes and reduce carbon emissions by 45 000 tons per year 116 Port Augusta Renewable Energy Park PAREP Australia a 317 MW hybrid renewable energy project under development in Port Augusta city 117 El Cabo Wind Farm USA a 1 000MW onshore wind power project It is planned in New Mexico 118 119 Amazon US East Farm USA located in Virginia is one of the renewable energy commitments of large North American multinationals It has been operational since 2017 and generates clean energy through wind power The farm consists of 100 turbines and has the capacity to produce 300 MW of electricity enough to power over 100 000 homes 120 121 Solar power edit Geographical presence edit As of 2023 Iberdrola s installed PV capacity exceeds 4 500 MW in USA Mexico Brazil UK Spain Australia Portugal Italy and Greece In July 2023 Iberdrola Germany completed the installation of its inaugural turnkey photovoltaic system at AkzoNobel Powder Coatings GmbH in Reutlingen Finalized in under a year by an international team the system is expected to reduce CO2 emissions by 125 tons annually 122 In Brazil subsidiary Neoenergia plans to install a floating photovoltaic plant The project will be built on the Xareu dam on the island of Fernando de Noronha in the northeast of the country With nearly 940 panels the plant will cover more than 50 of the energy needs of the island s water and sewage distribution network 123 Santiago and Hermosillo photovoltaic power plants Mexico are Iberdrola s largest photovoltaic power plants Located in Mexico and commissioned in 2018 They have 660 000 PV modules and an installed capacity of 170 MW generating 460 GWh per year It is capable of supplying electricity to 138 000 homes In Great Britain Iberdrola through its British subsidiary ScottishPower agreed to purchase seventeen photovoltaic solar energy projects in the United Kingdom totalling a combined capacity of more than 800 MW The plants spread across central England south Wales and northern Scotland 124 In Australia Port Augusta Renewable Energy Park hosts the first wind solar hybrid plant in the world Located in the state of South Australia the plant combines a 210 MW capacity wind farm and a 107 MW photovoltaic plant 38 117 Iberdrola has expanded its presence in Italy with its first 23 MW photovoltaic installation in Montalto di Castro Lazio The company aims to triple its Italian project portfolio by 2025 Upon completion the facility will power over 12 000 homes and reduce CO2 emissions by 9 600 tons annually 125 126 The company is also developing a resilient and dynamic pipeline of new projects with a balanced mix of mature wind solar and storage projects in Greece with plans to install significant additional capacity by 2025 127 Fernando Pessoa Solar Farm is a renewable energy project in Santiago do Cacem Portugal The farm consists of over 100 000 solar panels spanning across 100 hectares of land The project has a capacity of 25 MW and generates enough electricity to power over 10 000 homes 128 129 In 2023 the company installed more than 4 500 MW of solar energy capacity Among its plans for growth in clean energy solar photovoltaic technology will receive 24 of the investments for renewables in the company s strategic plan allowing installed solar capacity to increase by 6 300 MW The company s major solar energy projects include Cedillo photovoltaic project Spain with 250 000 solar panels located in the municipalities of Majada Alta and San Antonio these plants produce 156 000 megawatt hours MWh of electricity per year enabling the distribution of clean energy to more than 45 000 households 130 Nunez de Balboa Spain one of the biggest photovoltaic plants in Europe with an installed capacity of 500 megawatt peak MWp this facility will supply clean energy to 250 000 homes 131 Photovoltaic power stations of Santiago and Hermosillo Mexico Iberdrola s largest photovoltaic power station Located in Mexico and commissioned in 2018 it has 660 000 photovoltaic modules and an installed capacity of 170 MW generating 460 GWh per year It is capable of supplying electricity to 138 000 households 132 Lund Hill photovoltaic plant United States photovoltaic plant located in Klickitat Washington USA It has an installed capacity of 194 MW Francisco Pizarro photovoltaic plant Spain has an installed capacity of 590 MWp and supplies clean energy to 334 400 homes 133 Green hydrogen edit Geographical presence edit Green hydrogen is produced by breaking down water using electrolysis powered by renewable energy sources 134 Iberdrola has 60 green hydrogen projects in eight countries The USA Mexico Brazil UK Spain Portugal Italy and Australia for electrification and decarbonisation in industry and heavy transport sectors 135 In Spain Iberdrola has a solid footprint with two operational plants in Puertollano in collaboration with Fertiberia and in Barcelona with TMB Furthermore they are exploring the potentials of green H2 ammonia and methanol in ongoing ventures 136 In the UK the company laid out a roadmap with three significant green hydrogen projects The Felixstowe project set to produce 100 MW is focusing on port operations The Whitelee project with a 10 MW capacity targets mobility while the Cromarty initiative boasting a 29 MW capacity serves the whisky industry 137 In Australia Iberdrola s green initiatives span both Tasmania and the mainland with projects emphasising the production of green hydrogen methanol and ammonia 138 In Brazil Strategic agreements have been inked with key regional authorities and ports including Estado Rio Grande do Sul Estado Rio Grande do Norte Porto Acu and Ceara aiming to cultivate the growth of Green H2 and its derivatives 139 86 In Portugal Iberdrola s approach in Portugal leans towards evaluating the viability of projects surrounding green steel and green ammonia 140 In the US the company is diversifying its green hydrogen efforts in the U S undertaking projects suitable for both mobility and the industrial sector in six states Notably Texas will soon witness the construction of a green ammonia plant by Iberdrola 141 Iberdrola in collaboration with AECOM Ancitel Energia e Ambiente and Cinque International is advancing a green hydrogen project in Italy to rejuvenate areas impacted by earthquakes from 2009 to 2017 The initiative includes the development of the Two Seas Railway aiming to introduce green hydrogen powered into Roman trains 142 In Mexico the company signed an agreement with the Mexican government to develop a hydrogen production plant in the state of Veracruz which will use renewable energy sources to produce green hydrogen This project is part of Iberdrola s effort to promote clean energy and reduce carbon emissions in Mexico 143 Among the company s major green hydrogen projects is Puertollano Spain the largest plant producing green hydrogen for industrial use in Europe with a production capacity of more than 200 000 tonnes year It comprises a 100 MW solar photovoltaic plant a lithium ion battery system with a storage capacity of 20 MWh and one of the world s largest hydrogen production systems using electrolysis 20 MW from fully renewable sources The operation of this plant allows avoiding emissions equivalent to 48 000 tCO2 year 144 In Barcelona Iberdrola also has the first commercial renewable hydrogen production and filling facility in Spain which is used by Transports Metropolitans de Barcelona TMB buses and other fleets and industries in the Zona Franca industrial estate where it is located 144 In May 2021 the company started a joint project with Cummins regarding the 500MW per year facility hydrogen electrolyser gigafactory in Spain in the central region of Castilla La Mancha near Madrid 145 Iberdrola together with H2 Green Steel in December 2021 announced 2 3 billion Green hydrogen venture a 1GW plant to produce and feed Green Hydrogen to a 2 million tonne direct reduction tower enabling Green Steel production with a reduction of CO2 emissions by 95 percent 146 In May 2022 the company partnered with low carbon development firm Storegga to develop build and operate green hydrogen production plants across Scotland The first project is the Cromarty Hydrogen Project located north of Inverness and designed to deliver up to 20 tonnes of green hydrogen per day 134 In July 2022 Iberdrola began working with BP to create a joint venture for large scale 6GW green hydrogen production in Spain Portugal and the UK as well as the production of clean ammonia and methanol 147 148 Hydroelectric energy edit With a global installed capacity exceeding 14 000 MW the company supports this form of power generation It has facilities in the US Brazil Spain Tamega hydroelectric complex project involves the construction of three power plants Gouvaes Daivoes and Alto Tamega with installed capacity totalling 1 158 MW 149 Iberdrola Espana has a presence in eight hydroelectric plants and three mini hydroelectric plants in the basin of the Douro River the largest hydrographic basin in the peninsula as it passes through Castile and Leon More than 2 069 MW of installed capacity with the capacity to offer sustainable energy to almost one and a half million families with the Aldeadavila dam and the Saucelle dam being the most important producers 150 151 Iberdrola manages multiple hydroelectric facilities in Brazil such as the Sobradinho Dam in Bahia with a 1 050 MW capacity and the Baixo Iguacu Hydroelectric Plant on the Iguacu River spanning the states of Parana and Santa Catarina Additionally the company oversees the 180 MW Salto Caxias Hydroelectric Plant in Santa Catarina the 192 MW Garibaldi Hydroelectric Plant and the Machadinho Hydroelectric Plant which harnesses the Pelotas River s power between Santa Catarina and Rio Grande do Sul to produce 1 140 MW 152 In the US Avangrid Hydroenergy a subsidiary of Avangrid Inc operates several hydroelectric facilities across the country with the capacity to generate a significant amount of clean renewable energy For instance in Maine Avangrid Hydroenergy operates the Forest City Hydroelectric Facility which has a capacity of 23 5 MW providing power to approximately 15 000 households annually 153 In New Hampshire the company operates the Bear Swamp Hydroelectric Facility capable of generating 600 MW of electricity enough to power around 250 000 homes Additionally in Connecticut Avangrid Hydroenergy operates the Shepaug Hydroelectric Facility which has a capacity of 10 MW supplying power to thousands of households 154 Tamega Hydroelectric Complex Portugal is a project in the north of Portugal which includes three new dams and hydroelectric plants Gouvaes Daivoes and Alto Tamega 155 Baixo Iguacu Hydroelectric Plant Brazil is a project located in Parana state This plant helps supply energy to thousands of Brazilian homes and reinforces the company s commitment to renewable energy in the country with installed capacity of over 350 MW and supplies renewable energy to one million people 156 The Aldeadavila Hydroelectric Power Station Spain is a plant located in the canyon of the lower section of the river Duero as it flows through the province of Salamanca in the area known as the Arribes del Duero Natural Park This infrastructure is one of the largest electricity generators in Spain as its production accounts for more than 8 5 of the country s average hydroelectric generation enough to supply 733 000 homes 157 Iberdrola produces 14 716 GWh of hydroelectric power worldwide Hydroelectric energy is essential for the energy transition and is a leader in energy storage with a capacity of 4 000 MW installed through pumped hydroelectric plants Smart grids edit Geographical presence edit The company operates one of the world s largest distribution systems with 1 2 million kilometres of distribution and transmission lines worldwide The Networks area of the Iberdrola Group is in charge of the construction operation and maintenance of smart grids power lines substations transformation centres and other infrastructures to transfer electricity from the production centres to the end user Iberdrola is involved in the construction of an undersea power transmission highway between Scotland and north east England 158 The electric power line connecting the states of Minas Gerais and Sao Paulo with a length of more than 1 700 kilometres is Iberdrola s largest grid project worldwide 159 As of 2023 Iberdrola operates one of the largest electricity distribution systems in the world 1 2 million kilometres of power lines 4 500 substations and 1 6 million transformers which distribute electricity to 34 40 million points around the world 160 Iberdrola has also created the Global Smart Grids Innovation Hub GSGIH a global centre for innovation in smart grids This technology hub is sponsored by Iberdrola and the Provincial Council of Bizkaia 161 It is involved in research and development in new materials and technologies to reduce the environmental impact of electrical installations equipment to facilitate the integration of renewable energies and boost the deployment of electric vehicles power electronics and energy storage systems digitalisation of the distribution grid supported by the telecommunications systems energy savings and efficiency based on demand management and reduction of losses from the grid Main subsidiaries editIberdrola Espana S A U edit Iberdrola Espana S A U is Iberdrola group s subholding company in Spain which operates through its subsidiaries Iberdrola Energia Sostenible Espana S A U i DE Redes Electricas Inteligentes S A U and Iberdrola Energia Espana S A U Iberdrola Espana S A U was founded in 1989 and is headquartered in Bilbao Spain The subsidiary operates in Spain and carries out the deregulated activities of electricity generation electric power and natural gas retailing 162 ScottishPower edit See also Scottish Power ScottishPower was formed in 1990 in preparation for the privatisation of the previously state owned Scottish electricity industry the following year 163 The company is the distribution network operator for Central and Southern Scotland Merseyside North Wales and parts of Cheshire and Shropshire It is also the transmission owner for the south of Scotland The UK s 4th largest energy provider 164 ScottishPower has 3 6 million supply points across the country with 15 377 GWh of distributed energy in the first half of 2023 It operates in the United Kingdom with Scottish Power Retail Holdings Ltd SPRH Scottish Power Energy Networks Holdings Ltd SPENHL and ScottishPower Renewable Energy Ltd SPREL subsidiaries 165 It focuses on wind energy and smart grids 166 and has a distribution network covering 65 000 km of underground cables and 47 000 km of overhead lines ScottishPower is involved in smart grid projects in Glasgow and Liverpool and provides charging points as a member of the Glasgow consortium which is developing an electric vehicles project The installed capacity in the United Kingdom has reached 6 342 MW and production has been 19 936 GWh in 2013 Avangrid edit See also Avangrid Avangrid Iberdrola USA which became part of the group in September 2008 In 2015 Iberdrola USA merged with UIL Holdings parent of Connecticut s United Illuminating and other companies to become Iberdrola controlled Avangrid It distributes electricity and gas to 3 3 million electricity customers and 930 000 natural gas customers It is headquartered in Orange Connecticut CT operates in 25 states and has two lines of business Avangrid Networks and Avangrid Renewables 167 Avangrid Networks manages eight electricity natural gas and combination utilities Avangrid Renewables 167 owns and operates renewable energy generation facilities across the United States Avangrid promotes important infrastructure projects in both Maine and New York In Maine CMP began construction in September 2010 of the Maine Power Reliability Program MPRP 168 a 1 4 billion upgrade of the state s transmission network which will also improve grid connections to Canada It also began the roll out of a smart meter installation plan for 625 000 customers in Maine In New York important infrastructure projects have been undertaken at Ithaca and Corning Valley Neoenergia S A edit Neoenergia is the Iberdrola Group s subholding company operating in Brazil founded in 1997 Its shares are listed in the Brazilian stock exchange and it comprises interests in the companies of distribution generation renewable energy transmission and electricity retail businesses operating in Brazil 169 170 Neoenergia is present in 18 states and manages 13 9 million supply points in a concession area of around 840 000 km2 Iberdrola Mexico SA de CV edit Iberdrola Mexico S A de C V is a subholding company of Iberdrola in Mexico founded in 2000 171 Iberdrola Mexico operates through two head of business companies Iberdrola Generacion Mexico S A de C V and Iberdrola Renovables Mexico S A de C V Iberdrola Mexico is responsible for defining and implementing the Group s strategy in Mexico 172 The companies provides electricity and gas services to residential commercial and industrial customers across the country Iberdrola Mexico operates in several states including Mexico City State of Mexico Guadalajara and Monterrey 173 Iberdrola Energia Internacional S A U edit Iberdrola Energia Internacional S A U is a subholding company that operates outside Spain United Kingdom United States of America Brazil and Mexico Its area of operation includes the generation transmission and distribution of electricity as well as the provision of energy services 174 Assets in Spain editIberdrola s total installed capacity in Spain is 29 816 MW as of 2023 of which 20 598 MW are from renewables 3 186 MW from nuclear 5 695 MW CCGT and 347 MW cogeneration nbsp Aldeadavila Dam Salamanca Renewables edit Onshore wind edit Iberdrola has around 190 onshore wind facilities with a 6 446 MW of installed capacity in more than 30 locations across Spain The company s major onshore wind energy project in Spain is El Escudo wind farm 105 MW onshore wind farm able to supply clean energy to 95 350 homes 175 Hydroelectric edit Iberdrola also owns hydroelectric plants with a total installed capacity of 10 700 MW especially in the Duero river basin provided by Iberduero and the Tajo and Segura river basins provided by Hidroelectrica Espanola The company has 86 facilities in 16 locations across Spain In 2013 construction was finished on the 848 MW La Muela plant at Cortes de Pallas Valencia one of Europe s largest pumped storage hydropower plants 176 177 178 as well as Santo Estevo hydroelectric complex 175 MW on the river Sil and the San Pedro II project 179 The company s major hydroelectric projects in Spain include Tamega hydroelectric complex 180 three new power plants Gouvaes Daivoes and Alto Tamega on the Tamega river with a total installed capacity of 1158 MW Cortes La Muela hydroelectric power plant in the province of Valencia Valencia region with an installed capacity of 1720 MW Aldeadavila hydroelectric power station in the province of Salamanca Castilla y Leon with 1275 MW of installed capacity Jose Maria Oriol Alcantara II hydroelectric power station in the province of Caceres Extremadura with 915 MW of installed capacity Villarino hydroelectric power station in the province of Salamanca Castilla y Leon with 810 MW of installed capacity Saucelle hydroelectric plant in the province of Salamanca with 525 MW of installed capacity Solar edit Iberdrola s solar energy production in Spain includes 37 facilities in 15 locations with a total installed capacity of 3 186 MW The company s major solar energy projects include Cedillo photovoltaic project 250 000 solar panels producing 156 000 MWh of electricity per year 35 Nunez de Balboa one of the biggest photovoltaic plants in Europe with an installed capacity of 500 MW 35 Francisco Pizarro the largest solar power plant in Europe with a capacity of 590 MW 181 182 Wind solar edit In 2023 the company built the first hybrid wind and solar complex in Spain in the province of Burgos It constructed two photovoltaic PV plants of 41MW and 33MW respectively which will have more than 170 000 modules 183 Green Hydrogen edit The company s major green hydrogen projects include Puertollano largest plant producing green hydrogen for industrial use in Europe with a production capacity of more than 200 000 t year 144 Combined cycle plants edit C T de Castejon 2 in Castejon Navarre with 386 MW C T de Castellon in Castellon with two units with a combined 1 650 MW C T de Santurce in Santurce Vizcaya with 402 MW C T Tarragona Power in Tarragona with 424 MW C T de Arcos de la Frontera in Arcos de la Frontera Cadiz with two groups with a combined 1 613 MW C T Bahia de Bizkaia in Ciervana Vizcaya which is operated jointly with three other operators EVE Repsol YPF and BP with 25 each of 780 MW C T de Aceca in Villaseca de la Sagra Toledo of 391 MW C T de Escombreras in Cartagena Murcia with 831 MW Nuclear plants edit Iberdrola operates the following five nuclear plants individually or jointly with other companies Almaraz Nuclear Power Plant 1983 1984 Trillo Nuclear Power Plant 1988 Cofrentes Nuclear Power Plant 1984 Vandellos II 1988 Asco II 1986 Assets in Worldwide editIberdrola has various power plants worldwide with a considerable focus on renewable energies especially wind and hydroelectric power There are the most notable power plants and renewable installations Wikinger Offshore Wind Farm Germany located in the Baltic Sea the Wikinger offshore wind farm is a testament to Iberdrola s commitment to renewable energy With 70 wind turbines it can produce up to 350 MW 184 185 Whitelee Wind Farm Scotland the largest onshore wind farm in the UK Whitelee has a capacity of 539 MW 186 East Anglia One Offshore Wind Farm UK located off the coast of Suffolk this is one of the world s largest wind farms with a total capacity of approximately 714 MW Tamega Complex Portugal this major hydroelectric project consists of three plants and will have a total installed capacity of over 1 158 MW upon completion Rocha Candeias Hydro Plant Brazil an essential hydroelectric plant in Iberdrola s South American portfolio Baixo Iguacu Hydroelectric Power Plant Brazil another significant hydroelectric facility in Brazil with a capacity of 350 MW Cenace Wind Farm Mexico part of Iberdrola s extensive operations in Mexico this wind farm boasts a capacity of over 100 MW Renewable energy editSee also Iberdrola Renovables nbsp Iberdrola wind generators in the Park La Cotera Burgos Headquartered in Valencia Paseo de la Alameda the Iberdrola Renovables subsidiary had been listed on the stock exchange from December 2007 until July 2011 when Iberdrola decided to re acquire the minority shares and integrate it into the parent company 187 188 In Q1 2023 Iberdrola reported having operating installed capacity of 62 045MW of which 41 246 MW is renewable 189 Its clean energy capacity increased by 5 7 compared to 2022 9 8 Iberdrola increased its investments in renewables with 8 and has 7 100 MW of renewable energy under construction It plans to build 52 000 MW until 2025 9 Major assets Renewable Energy Operations Centres CORE Toledo Portland and Glasgow Iberdrola s Renewable Energy Operations Centres CORE for its initials in Spanish in Toledo Portland and Glasgow control all Iberdrola s renewables facilities and its related substations worldwide Iberdrola s first CORE was set up in Toledo in 2003 with the other two coming on stream since The Whitelee Wind Farm Glasgow Scotland nbsp Whitelee wind farm Glasgow With initial installed capacity of 322 MW it is currently being enlarged to 539 MW The complex is situated south of Glasgow and covers an area of 55 square kilometres the same as that occupied by Glasgow itself 190 The El Andevalo wind farm Huelva Spain The El Andevalo wind farm which was commissioned in 2010 is the largest wind power facility in Spain and continental Europe It has installed capacity of 292 MW and is located between the towns of El Almendro Alosno San Silvestre and Puebla de Guzman in the south of Huelva province To transfer the power generated by these wind farms and connect them to the transmission grid Iberdrola has built a new 120 kilometre line between Spain and Portugal which means this complex occupies a key strategic position in the power interconnections between the two countries 191 Penascal Wind Power Project Texas US The Penascal wind farm 192 is the largest facility operated by the company worldwide with installed capacity of 404 MW Located in Kennedy County Texas its innovative features include a radar that detects the arrival of large flocks of migratory birds and shuts down the turbines if visibility conditions represent a danger Nunez de Balboa solar plant Badajoz Province Spain The 500 megawatt Nunez de Balboa photovoltaic facility entered its testing phase in January 2020 193 194 Public activities editIn 2006 Iberdrola founded the Corporate Volunteering Program a global initiative aimed at supporting Iberdrola s employees in their participation in social projects in integrating members of vulnerable groups into society improving the environment and sustainable development 195 In 2022 more than 16 800 volunteers participated in the Corporate Volunteering Programme delivering help to more than half a million people Some of its projects include Protagonists of their Future aimed at women victims of gender based violence and at risk of social exclusion 196 SUMA aimed at the return of women to work after a break in their professional career INVOLVE International Volunteering Vacation for Education within which Iberdrola employees help vulnerable teenagers to improve their employability through computer science and web applications 197 Lights and Action a project carried out since 2011 with the Tomillo Foundation aimed at improving the training and employability of young people who study basic vocational training for teenagers with experiences of school failure The Job Ambassadors Programme volunteers have participated in the training of people from the Multiple Sclerosis Foundation EMF who are seeking employment Environmental Volunteering Forest Restoration on International Forest Day with 1 100 trees planted through various initiatives in which people with intellectual and school disabilities have also participated 198 initiatives to encourage scientific vocation and equal opportunities on International Women s and Girls Day in Science and on Women s Day World Cancer Day initiatives to raise awareness of the importance of supporting research and hair donation for vulnerable underprivileged women 199 International Happiness Day 1 600 meals distributed to vulnerable families SDGs at school a school awareness project on SDGs I Can a project that prepares people with intellectual disabilities to secure and keep a job and lead an independent life 200 Through Iberdrola with Refugees volunteer initiative founded in 2015 it has assisted to a thousand refugees from Syria Palestine Afghanistan and Mali in adapting integrating and improving their autonomy 201 202 In 2022 after the beginning of Russian invasion of Ukraine Iberdrola s Corporate Volunteering Program involved 12 000 people in the Volunteers for Ukraine programme to collaborate in helping Ukrainian people including providing shelter warm clothes mattresses blankets water and food for the people who were leaving Ukraine The company has sent eight tonnes of humanitarian aid donated by its employees in Spain to Ukraine in March 2022 The company also raised funds doubling the amounts donated by its employees for the United Nations High Commissioner for Refugees UNHCR to provide shelter immediate food and emergency care 201 Also in 2022 Iberdrola guaranteed gas and power supply for five months to customers in Spain who were deemed vulnerable by the humanitarian group the Red Cross The company also provided the ability to spread out payments over 12 months at no extra cost Residential customers also received help in paying their bills over longer periods if the Red Cross assessed their circumstances and considers that they were vulnerable 203 In February 2022 Ignacio Galan the Chairman of Iberdrola together with businessmen from the European Round Table for Industry ERT the President of France Emmanuel Macron the German Chancellor Olaf Scholz and the President of the European Commission Ursula Von der Leyen held a meeting in Paris to address the Russian aggression against Ukraine and to promote ways for peace in Europe 203 Sports sponsorships editIberdrola serves as an Equality Partner for the Spanish Olympic Committee and supports both the Olympic and Paralympic The company supports Spanish sports for more than two decades through global agreements with the Spanish Higher Sports Council Consejo Superior de Deportes CSD and the Spanish Olympic and Paralympic Committees COE and CPE as well as with various sports federations The company has been a sponsor of the Spanish Paralympic Team since its inception in 2005 contributing to the Paralympic Objective Sport Support ADOP plan The ADOP plan comprises a Scholarship Programme aimed at granting athletes financial assistance alongside a Services Program encompassing a comprehensive training support system with access to advanced training facilities medical care and more 204 The company promotes 32 National Federations including the National Federations of Athletics Badminton Handball Boxing Ice Sports Fencing Football Gymnastics Hockey Karate Canoeing Rugby Surfing Table Tennis Triathlon and Volleyball to which in 2018 were added Underwater Activities Bowling Winter Sports Weightlifting Judo Olympic Wrestling Mountaineering and Climbing Swimming Skating Ball Rowing Squash Taekwondo Tennis Archery and Sailing and has more than 100 competitions with the naming right Iberdrola including 32 leagues 205 206 207 Iberdrola supports sailing including the Iberdrola Sailing Team achieving notable results in national and international competitions 208 209 Since 2016 Iberdrola has been promoting and sponsoring women s sport in Spain supporting 600 000 federated women 210 In 2016 Iberdrola became the main promoter of the Universo Mujer Women Universe programme of the National Sports Council 211 206 Iberdrola signed a sponsorship agreement with The Royal Spanish Football Federation RFEF as a main sponsor of the Spain national football team in 2009 2010 season During the company s sponsorship the National Team won the 2010 World Cup 212 In August 2016 Iberdrola became the main promoter of women s football in Spain under an agreement with the Federation of Universo Mujer and as of 2023 the company is the main sponsor of the Spain women s national football team the Under 19 and Under 17 national teams the First Division of Women s Football the Primera Iberdrola as well as the Copa de La Reina Iberdrola and Supercopa Iberdrola among others 213 207 214 In August 2023 during the Iberdrola s sponsorship Spanish Women s National Team won the world championship in Australia and New Zealand 215 Iberdrola also promotes women s football in Brazil and Scotland Iberdrola s subsidiary Neoenergia became first dedicated sponsor of Brazilian women s football when it signed an agreement with Brazilian Football Confederation CBF in 2021 216 217 Other Iberdrola s subsidiary ScottishPower is a sponsor of women and girls football in Scotland It has agreed a three year partnership and sponsorship deal with Scottish Women s Football SWF and the Scottish Women s Premier League SWPL to support women s football at every age and stage and becoming the exclusive Principal Partner for Scottish Women s Football and the Scottish Women s Premier League sponsoring the Scottish Youth Challenge Cups at all three age groups as well as the Scottish Women s Highlands and Islands League 218 See also editJose Ignacio Sanchez Galan Wind power in Spain Maria Antonia HerreroReferences edit a b c d Iberdrola Fact Sheet Iberdrola Iberdrola Retrieved 2023 07 31 Results Presentation Nine months PDF 2023 10 26 Retrieved 2023 11 04 p20 As of 30 September 2023 Iberdrola had 30 1 million contracts Iberdrola SA Company Profile and News Bloomberg com Retrieved 2023 11 02 Iberdrola to list 18 5 percent of U S grids and renewables unit Avangrid Reuters 2015 12 16 Retrieved 2023 11 02 Iberdrola shareholders structure Iberdrola Retrieved 2023 02 20 Iberdrola s big bet on renewable energy is working Quartz 2023 04 28 Retrieved 2023 11 02 a b Iberdrola First Half Earnings Meet Estimates as Hydro Recovers Bloomberg com 2023 07 27 Retrieved 2023 11 02 a b c d e Atalayar 2023 07 19 Iberdrola increases its renewable production by 5 7 thanks to investments in clean energies Atalayar Retrieved 2023 11 02 a b c d e f Iberdrola reaches 41 246 MW of solar and wind power REVE News of the wind sector in Spain and in the world 2023 07 15 Retrieved 2023 11 02 Juan Carlos Garcia Adan Yolanda Diego Martin September 2005 El archivo historico de Iberdrola y la industria electrica en Espana PDF Santiago de Compostela Congreso de historia economica Retrieved 2012 01 16 Gonzalo Anes et al Elena San Roman Lopez Luciano Segreto Jordi Maluquer de Motes Jesus Maria Valdaliso Francesca Antolin Pedro Tedde Anna Maria Aubaneli Pablo Diaz Morlan Javier Pueyo Carles Sudria Antonio Gomez Mendoza Juan Carlos Jimenez Josean Garrues Pedro Rivero Jose Antonio Garrido Javier Herrero Jose Luis Del Valle Jose Ignacio Sanchez Galan and Inigo de Oriol Ybarra 2006 Un siglo de luz Historia empresarial de Iberdrola Iberdrola Franquismo S A la Marea 20 November 2014 Tim Sharp 2012 06 23 Iberdrola plans to see out 5bn investment plan HeraldScotland com Newsquest Media Group Retrieved 2015 04 18 Iberdrola to acquire Energy East Corp PowerEngineering com PennWell 2007 06 26 Retrieved 2015 04 18 Avangrid Chairman Ignacio Galan Receives the ESG Leadership Award from The Foreign Policy Association in New York Wall Street Journal 2023 05 25 ISSN 0099 9660 Retrieved 2023 08 05 Iberdrola set to buy Brazil s Elektro www ft com Retrieved 2023 11 02 Spanish power company buying United Illuminating and Southern Connecticut Gas New Haven Register 26 February 2015 Atalayar 2021 12 20 Iberdrola acquires Autonomous Energy one of Australia s leading Smart Solutions companies Atalayar Retrieved 2023 11 02 Iberdrola acquires French renewable energy company Aalto Power Reuters 2020 05 07 Retrieved 2023 11 02 Radowitz 58b67e5794f55 Bernd 2020 10 21 Iberdrola buys US utility PNM Resources for 8 3bn amid rising profits Recharge Latest renewable energy news Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link a b Iberdrola buys Japan s Acacia enters wind JV with Macquarie Reuters 2020 09 17 Retrieved 2023 11 02 Durakovic Adnan 2021 09 09 Iberdrola Reveals Massive Offshore Wind Power Play in Taiwan Offshore Wind Retrieved 2023 11 02 Estalla la guerra del carbon Iberdrola marca el camino verde al ministro Nadal La Vanguardia in Spanish 2017 11 11 Retrieved 2023 11 02 Iberdrola posts profit growth of 21 5 in H1 2023 Renewablesnow com Retrieved 2023 11 02 a b Atalayar 2023 07 28 Iberdrola increases its net profit by 21 Atalayar Retrieved 2023 11 02 Chestney Nina 2022 11 09 Spain s Iberdrola to invest 47 bln in energy transition in 2023 25 Reuters Retrieved 2023 11 02 Iberdrola se suma al programa Universo Mujer del Consejo Superior de Deportes El Plural in Spanish 2016 07 21 Retrieved 2023 11 02 Iberdrola sponsor principal del deporte femenino EXPANSION in Spanish 2018 04 10 Retrieved 2023 11 02 BNamericas Neoenergia Iberdrola open 150MW Brazil wind BNamericas com Retrieved 2023 11 02 EuropaPress 2019 05 20 Iberdrola lanza la convocatoria de su Programa Social 2020 en apoyo a colectivos vulnerables dotado con mas de 1 millon elperiodico in Spanish Retrieved 2023 11 02 Team S W M 2019 05 27 Iberdrola inaugurates the Baixo Iguacu hydroelectric power plant in Brazil Smart Water Magazine Retrieved 2023 11 02 Staff C K 2019 01 22 2019 Global 100 results Corporate Knights Retrieved 2023 11 02 Iberdrola destina 159 millones I D i un 10 mas que el ano anterior El Plural in Spanish 2014 02 24 Retrieved 2023 11 02 Economia Empresas Iberdrola invirtio 246 millones en I D i en 2017 un 17 mas a b c Nunez De Balboa Solar Plant Badajoz Extremadura Retrieved 2023 11 02 Photovoltaic solar power plant Nunez de Balboa Eiffage V2 Retrieved 2023 11 02 Augusta City of Port 2020 10 12 Iberdrola Renewable Energy Park Port Augusta City Council Retrieved 2023 11 02 a b Ellichipuram Umesh 2022 10 17 Iberdrola commissions wind solar hybrid plant in Australia Power Technology Retrieved 2023 11 02 Un tribunal de EEUU pone en jaque la compra de PNM Resources por Iberdrola elEconomista El World s Top Female Friendly Companies 2021 de Forbes incluye a Iberdrola Fundacao Conselho Espanha Brasil in Spanish Retrieved 2023 11 02 Three Spanish energy companies among world s best for sustainability www investinspain org Retrieved 2023 11 02 a b Iberdrola invertira 7 000 millones de euros en el parque eolico de East Anglia Hub EXPANSION in Spanish 2021 10 18 Retrieved 2023 11 02 Iberdrola comienza la construccion del parque eolico marino East Anglia Three que entrara en funcionamiento en 2025 ELMUNDO in Spanish 2022 08 11 Retrieved 2023 11 02 La planta de hidrogeno verde de Iberdrola en Puertollano producira 3 000 toneladas al ano Europa Press 2022 05 13 Retrieved 2023 11 02 Iberdrola tendra plenamente operativa su planta de hidrogeno verde en marzo EXPANSION in Spanish 2023 02 11 Retrieved 2023 11 02 Iberdrola inaugura este lunes en Tamega Portugal la principal gigabateria hidroelectrica de Europa Europa Press 2022 07 17 Retrieved 2023 11 02 Iberdrola gana 4 339 millones y critica las medidas regulatorias y fiscales en Espana ELMUNDO in Spanish 2023 02 22 Retrieved 2023 11 02 Iberdrola commissions its largest power transmission network transformers magazine com 2022 02 03 Retrieved 2023 11 02 Institute Strategic Research 2022 02 01 Iberdrola Commissions 730 KM Powerline in Brazil SteelGuru Business News Retrieved 2023 11 02 Iberdrola pioneering the renewable energy revolution Deutsche Bank flow db com Retrieved 2023 11 02 Silverstein Ken Iberdrola Goes Big on Renewables Even Wind Energy Where It Dominates Environment Energy Leader www environmentenergyleader com Retrieved 2023 11 02 Latief Yusuf 2023 03 05 Iberdrola and bp to fast charge Spain and Portugal with 1bn EV investment Smart Energy International Retrieved 2023 11 02 Hill Joshua S 2023 03 06 Iberdrola and BP to deploy 11 700 fast and ultra fast charging points in Spain and Portugal The Driven Retrieved 2023 11 02 Mavrokefalidis Dimitris 2023 03 03 Iberdrola and bp to invest 1bn in fast charging infrastructure Energy Live News Retrieved 2023 11 02 Carreno Belen Barrera Adriana Carreno Belen 2023 04 05 Mexico snares Iberdrola power plants for 6 bln in new nationalization Reuters Retrieved 2023 11 02 Harrup Anthony 2023 04 04 Mexican Government to Buy Power Plants From Spain s Iberdrola Wall Street Journal ISSN 0099 9660 Retrieved 2023 11 02 Baker McKenzie advises Iberdrola in the sale of more than 8 400 MW of combined cycle gas in Mexico for USD 6 billion Newsroom Baker McKenzie Retrieved 2023 11 02 Iberdrola sells 49 stake in Baltic Eagle wind farm to Abu Dhabi s Masdar Reuters 2023 07 26 Retrieved 2023 11 02 Memija Adnan 2023 07 26 Masdar Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany Offshore Wind Retrieved 2023 11 02 Donaldson Alex 2023 07 11 Iberdrola and Vodafone agree solar energy deal Power Technology Retrieved 2023 11 02 Iberdrola invested 10 554 million in the last 12 months REVE News of the wind sector in Spain and in the world 2023 07 27 Retrieved 2023 11 02 Iberdrola S A Total Assets 2010 2023 IBDRY www macrotrends net Retrieved 2023 11 02 Lombardi Pietro 2023 07 27 Iberdrola raises 2023 outlook after 21 profit increase Reuters Retrieved 2023 11 02 Iberdrola to acquire UIL Holdings Corp for 3 bn REVE News of the wind sector in Spain and in the world 2015 02 26 Retrieved 2023 11 02 December 2015 David Weston 18 Iberdrola floats new US division on NYSE www windpowermonthly com Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Iberdrola SA Acquires Infigen Energy Morrow Sodali Recent Deals Morrow Sodali Retrieved 2023 11 02 Ellichipuram Umesh 2020 03 09 Iberdrola acquires 100 of Ailes Marines from Avel Vor Power Technology Retrieved 2023 11 02 Iberdrola acquires French renewable energy company Aalto Power Reuters 2020 05 07 Retrieved 2023 11 02 Agencias 2020 10 21 Iberdrola compra una electrica en Nuevo Mexico y Texas EEUU por 3 663 millones elconfidencial com in Spanish Retrieved 2023 11 02 lainformacion com 2020 12 04 Iberdrola compra la distribuidora de electricidad de Brasilia por 400 millones La Informacion in Spanish Retrieved 2023 11 02 LD Agencias 2020 09 17 Iberdrola desembarca en Japon con la compra de Acacia Renewables Libre Mercado in European Spanish Retrieved 2023 11 02 EP 2021 09 09 Iberdrola desarrollara una cartera eolica marina de 6 000 MW en Taiwan Cinco Dias in Spanish Retrieved 2023 11 02 Iberdrola cierra la venta del 55 de su negocio en Mexico por 6 000 millones de dolares EXPANSION in Spanish 2023 06 12 Retrieved 2023 11 02 Iberdrola posts profit growth of 21 5 in H1 2023 Renewablesnow com Retrieved 2023 11 02 Reed Stanley Minder Raphael 2021 04 28 A Bet 20 Years Ago Made It the Exxon of Green Power The New York Times ISSN 0362 4331 Retrieved 2023 11 02 Iberdrola buys two onshore wind farms from Greenvolt Power in Poland REVE News of the wind sector in Spain and in the world 2023 07 29 Retrieved 2023 11 02 Iberdrola agrees deal for 9 GW of offshore wind projects in Sweden Riviera Retrieved 2023 11 02 Colthorpe Andy 2022 07 06 Iberdrola commissions its first large scale BESS project in Ireland Energy Storage News Retrieved 2023 11 02 Spain s Iberdrola considers U S renewables stake sale sources say Reuters 2023 01 23 Retrieved 2023 11 02 a b Cossins Smith Annabel 2023 03 23 Iberdrola to invest 5 8bn in Brazil s energy transition Power Technology Retrieved 2023 11 02 a b Durakovic Adnan 2022 01 12 Iberdrola Makes Offshore Wind Power Play in the Philippines Offshore Wind Retrieved 2023 11 02 Khattar Dolly 2020 09 18 Iberdrola and GIG to co develop 3 3 GW offshore wind capacity in Japan REGlobal Big Moves REGlobal Retrieved 2023 11 02 Guo Feng Offshore Wind Farm Concept Early Planning Taiwan 4C Offshore www 4coffshore com Retrieved 2023 11 02 Lee an lee Andrew 2021 02 05 Iberdrola to build floating wind off Ireland after project swoop Recharge Latest renewable energy news Retrieved 2023 11 02 Jiang Jason 2021 02 09 Iberdrola acquires offshore wind assets in Ireland Splash247 Retrieved 2023 11 02 a b Atalayar 2023 09 19 Neoenergia a subsidiary of the Iberdrola group in Brazil and the government of Rio Grande do Norte sign a memorandum of understanding for offshore wind projects Atalayar Retrieved 2023 11 02 Iberdrola takes majority stake in Swedish offshore wind projects 9 GW Enerdata www enerdata net 2020 06 24 Retrieved 2023 11 02 Iberdrola invests in Polish renewable energy projects windfair w3 windfair net Retrieved 2023 11 02 Gonzalez Andres 2022 09 13 EXCLUSIVE Iberdrola close to selling 49 in German offshore wind farm to EIP source Reuters Retrieved 2023 11 02 a b c Iberdrola increases renewable energy production by 11 in the first quarter REVE News of the wind sector in Spain and in the world 2023 04 15 Retrieved 2023 11 02 Iberdrola confirms its commitment to offshore wind energy in the United Kingdom after the award of 1 500 million euros REVE News of the wind sector in Spain and in the world 2023 03 29 Retrieved 2023 11 02 East Anglia Three Offshore Wind Farm UK Power Technology Retrieved 2023 11 02 Iberdrola avanza en la construccion de su parque eolico marino Saint Brieuc Francia Europa Press 2022 06 03 Retrieved 2023 11 02 Parque eolico marino de East Anglia One de 714 MW en la costa britanica del mar del Norte IDOM in European Spanish Retrieved 2023 11 02 Iberdrola finished its first substation for offshore wind power in the United States REVE News of the wind sector in Spain and in the world 2023 08 07 Retrieved 2023 11 02 Company pays USD 49m to get out of US offshore wind project energywatch com 2023 07 19 Retrieved 2023 11 02 Windanker Offshore Wind Farm in German Baltic Sea Retrieved 2023 11 02 Baltic Eagle Offshore Wind Farm Germany Power Technology Retrieved 2023 11 02 Wind energy in Brazil Iberdrola receives boost to its wind power complex REVE News of the wind sector in Spain and in the world 2020 04 24 Retrieved 2023 11 02 MarketScreener 2012 01 17 Iberdrola SA IBERDROLA COMMISSIONS LA VENTA III WIND FARM IN MEXICO WITH 102 MW CAPACITY January 17 2012 at 07 13 am EST MarketScreener www marketscreener com Retrieved 2023 11 02 a b kgi admin 2023 04 27 Power plant profile Midland Wind Farm US Power Technology Retrieved 2023 11 02 Iberdrola installs all fifty monopiles of the Baltic Eagle offshore wind farm Baltic Wind Retrieved 2023 11 02 Hopson 58da34776a4bb Christopher 2019 12 05 Iberdrola unveils solar and storage plan for UK onshore wind fleet Recharge Latest renewable energy news Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Repowering gives wind farms a new lease of life Financial Times Paid Post by Iberdrola Retrieved 2023 11 02 Iberdrola will exceed 6 500 MW of wind power in Spain REVE News of the wind sector in Spain and in the world 2022 08 28 Retrieved 2023 11 02 Iberdrola acquires rights to 1 000 megawatt onshore wind farm in Australia www aa com tr Retrieved 2023 11 02 March 2011 Heather O Brian 29 Market Status Cyprus gets first wind farm www windpowermonthly com Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Todorovic Igor 2020 09 07 Iberdrola launches construction of three wind farms in Greece Balkan Green Energy News Retrieved 2023 11 02 Iberdrola is awarded four agrovoltaic innovation projects in France REVE News of the wind sector in Spain and in the world 2023 01 27 Retrieved 2023 11 02 Viaintermedia com 2011 02 02 Wind Iberdrola Renovables secures 50 percent of the Hungarian wind farm market Renewable Energy Magazine at the heart of clean energy journalism Retrieved 2023 11 02 Iberdrola s investment commitment to renewable energy in Portugal REVE News of the wind sector in Spain and in the world 2022 12 08 Retrieved 2023 11 02 kgi admin 2021 12 27 Power plant profile Mihai Viteazu Wind Farm Romania Power Technology Retrieved 2023 11 02 Atalayar 2023 08 02 Iberdrola closes the purchase of two onshore wind farms from Greenvolt Power in Poland Atalayar Retrieved 2023 11 02 Shetty Sangita 2023 02 13 Iberdrola Closes 2022 with Nearly 40 000 MW of Green Energy SolarQuarter Retrieved 2023 11 02 Oitis Onshore Wind Farm Complex Piaui and Bahia states Brazil Retrieved 2023 11 02 The El Escudo wind farm to use BIM methodology during its construction phase www windtech international com Retrieved 2023 11 02 a b Port Augusta Renewable Energy Park Port Augusta Australia Power Technology Retrieved 2023 11 02 Projects A Z Power Technology Retrieved 2023 11 02 Nordex receives an order from Ibereolica for 60 MW of wind power in Spain REVE News of the wind sector in Spain and in the world 2023 09 20 Retrieved 2023 11 02 Amazon sets a new record for the most renewable energy purchased in a single year US About Amazon 2023 01 31 Retrieved 2023 11 02 Renewable Energy Sustainability US Retrieved 2023 11 02 Atalayar 2023 07 26 Iberdrola installs the first industrial solar self consumption plant in Germany Atalayar Retrieved 2023 11 02 Atalayar 2023 01 09 Iberdrola will install its first floating solar photovoltaic plant in Brazil Atalayar Retrieved 2023 11 02 Ellichipuram Umesh 2022 01 17 Iberdrola to acquire more than 800MW of solar capacity in UK Power Technology Retrieved 2023 11 02 Shetty Sangita 2022 07 16 Iberdrola Starts Up its First Photovoltaic Plant in Italy SolarQuarter Retrieved 2023 11 02 Iberdrola starts work on 23 MW solar plant in Italy www spglobal com Retrieved 2023 11 02 Interview with Thanasis Tsantilas Head of Iberdrola s Rokas Renewables Greece Investor Guide 2020 12 22 Retrieved 2023 11 02 Bhambhani Anu 2023 02 01 Europe s Largest Solar Power Farm Planned In Portugal TaiyangNews Retrieved 2023 11 02 Balkan Green Energy News 2023 02 06 Europe s largest solar power project is underway in Portugal Balkan Green Energy News Retrieved 2023 11 02 Ellichipuram Umesh 2022 08 25 Iberdrola commissions solar power projects in western Spain Power Technology Retrieved 2023 11 02 Nunez de Balboa 500 MW photovoltaic plant Badajoz Spain ESFC Investment Group Retrieved 2023 11 02 kgi admin 2022 02 04 Power plant profile Hermosillo Solar Park Mexico Power Technology Retrieved 2023 11 02 Iberdrola commissions the 590 MW Francisco Pizarro solar PV plant in central Spain Enerdata www enerdata net 2022 08 11 Retrieved 2023 11 02 a b Scottish Power Storegga to develop green hydrogen for whisky makers Reuters 2022 05 05 Retrieved 2023 11 02 May 2023 Janet Wood 11 Iberdrola signs PPA for green steel power supply www windpowermonthly com Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Iberdrola speeds up to have its new green hydrogen plant operational Green Hydrogen News 2023 02 13 Retrieved 2023 11 02 Parkes 627156db9d68b Rachel 2022 08 09 Iberdrola eyes multi hundred MW green hydrogen production and export at UK port Recharge Latest renewable energy news Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link Iberdrola moving forward with Large E Methanol Plant in Tasmania Maritime maritimemag com Retrieved 2023 11 02 Memija Adnan 2023 09 13 Brazilian State Signs Offshore Wind MoU with Neoenergia Offshore Wind Retrieved 2023 11 02 Green hydrogen facility with a total investment of 2 3B in Portugal Green Hydrogen News 2022 05 17 Retrieved 2023 11 02 Lombardi Pietro 2023 06 09 Iberdrola steps up green ammonia plans with 750 million euro project Reuters Retrieved 2023 11 02 FuelCellsWorks Iberdrola Will Promote Green Hydrogen On The Apennine Railway Axis In Italy Retrieved 2023 11 02 Ferry 609c073d17ea1 Tim 2022 10 12 Iberdrola s Avangrid and Sempra eye Gulf and west coast in US green hydrogen pact Recharge Latest renewable energy news Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a CS1 maint numeric names authors list link a b c Iberdrola Receives AENOR s Renewable Hydrogen Certificate CSR Europe 2023 03 27 Retrieved 2023 11 02 Collins l collins Leigh 2021 05 24 Iberdrola and Cummins announce plans for Europe s fourth hydrogen electrolyser gigafactory Recharge Latest renewable energy news Retrieved 2023 11 02 H2 Green Steel and Iberdrola announce 2 3 billion Green hydrogen venture H2 Green Steel 2021 12 02 Retrieved 2023 11 02 Pekic Sanja 2022 07 28 Iberdrola and BP partner up on green hydrogen production Offshore Energy Retrieved 2023 11 02 Collins l collins Leigh 2022 07 28 Energy giants BP and Iberdrola team up to build about 6GW of green hydrogen projects in Europe Recharge Latest renewable energy news Retrieved 2023 11 02 Control system and commissioning services for Tamega one of the biggest hydroelectric projects in Europe in the last 25 years The CT Engineering Group Retrieved 2023 11 02 Viaintermedia com 2018 07 23 Small Hydro EIB Finances Iberdrola s Three Dams and Hydropower Plants on the Tamega and Torno Rivers Renewable Energy Magazine at the heart of clean energy journalism Retrieved 2023 11 02 Radowitz b radowitz Bernd 2022 07 20 A day s power for 11 million people Iberdrola opens gigascale hydro storage plant in Portugal Recharge Latest renewable energy news Retrieved 2023 11 02 Iberdrola commissions Teles Pires hydro plant in Brazil www aa com tr Retrieved 2023 11 02 Connecting Massachusetts to Quebec Hydropower via Maine The Saga Continues Energy Central 2023 04 30 Retrieved 2023 11 02 Ingram Elizabeth 2022 10 04 FirstLight Power and Energy New England expand hydroelectric PPA Hydro Review Retrieved 2023 11 02 Tamega River hydropower complex Tamega River Northern Portugal Retrieved 2023 11 02 Baixo Iguacu Hydroelectric Power Plant NS Energy Retrieved 2023 11 02 kgi admin 2023 04 24 Power plant profile Aldeadavila Spain Power Technology Retrieved 2023 11 02 Ellichipuram Umesh 2022 04 04 Ofgem gives provisional approval for Iberdrola s subsea link Power Technology Retrieved 2023 11 02 Iberdrola to build 1 700km long transmission line in Brazil Retrieved 2023 11 02 Catalunya baja de 10 a 5 los inmuebles en propiedad para ser gran tenedor La Vanguardia in Spanish 2023 08 16 Retrieved 2023 11 02 Nhede Nicholas 2021 10 08 Iberdrola launches Global Smart Grids Innovation Centre in Spain Smart Energy International Retrieved 2023 11 02 Iberdrola Generacion Espana RECS Energy Certificate Association recs org Retrieved 2023 11 02 Elliott Larry Treanor Jill 2000 11 22 A whole world sold on sell offs The Guardian ISSN 0261 3077 Retrieved 2023 11 02 Britain s Big Six energy suppliers to shrink to five Reuters 2019 11 29 Retrieved 2023 11 02 Iberdrola suma mas de 800 MW y se convierte en el mayor promotor de energia solar en el Reino Unido El Pais in Spanish 2022 01 14 Retrieved 2023 11 02 Vaughan Adam 2018 10 16 Scottish Power shifts to 100 wind generation after 700m Drax sale The Guardian ISSN 0261 3077 Retrieved 2023 11 02 a b Atalayar 2022 05 26 Iberdrola USA Avangrid accompanies King Felipe VI at the Spain U S Chamber of Commerce in New York Atalayar Retrieved 2023 11 02 Iberdrola USA CMP Near Completion of Largest Construction Project in Maine History Electric Energy Online Jaguar Media 2015 03 25 Retrieved 2015 04 18 Empresas espanolas en LatAm Neoenergia firma en Brasil un prestamo por 28 millones de euros pv magazine Espana in European Spanish 2023 08 11 Retrieved 2023 11 02 Gortazar Naiara Galarraga 2023 03 22 Iberdrola inaugura en Brasil su mayor complejo de energias renovables de America Latina El Pais in Spanish Retrieved 2023 11 02 Iberdrola Ingenieria y Consultoria Mexico SA de CV Company Profile and News Bloomberg com Retrieved 2023 11 02 Delle Femmine Laura Cota Isabella 2023 04 04 Iberdrola vende activos en Mexico a una empresa publica tras sus enfrentamientos con Lopez Obrador El Pais in Spanish Retrieved 2023 11 02 Iberdrola S A unglobalcompact org Retrieved 2023 11 02 lainformacion com 2021 10 15 La produccion de Iberdrola aumenta un 2 1 tras el impulso de las renovables La Informacion in Spanish Retrieved 2023 11 02 Parque Eolico El Escudo completa tramites para su construccion www review energy com in Spanish Retrieved 2023 11 02 CORTES LA MUELA PUMPED STORAGE Eurelectric Powering People www eurelectric org 2001 01 01 Retrieved 2023 11 02 Cortes Muela the Largest Pumped Hydro Storage Plant in Europe EASE Storage Retrieved 2023 11 02 Viaintermedia com 2013 10 15 Hidraulica Cortes La Muela la mayor central de bombeo de Europa se pone en marcha Energias Renovables el periodismo de las energias limpias in Spanish Retrieved 2023 11 02 Iberdrola inaugura el complejo hidroelectrico de san pedro ii ourense tras invertir cerca de 200 millones Page David 2020 01 28 El plan de Iberdrola para convertir Espana y Portugal en la gran bateria de Europa El Independiente in Spanish Retrieved 2023 11 02 The largest solar plant in the EU was built with a capacity of 590 MW in Spain EkoPolitika 2022 08 15 Retrieved 2023 11 02 Snieckus d snieckus Darius 2022 08 10 Spanish renewables giant Iberdrola switches on Europe s largest solar plant Recharge Latest renewable energy news Retrieved 2023 11 02 Iberdrola builds Spain s first hybrid wind solar plant Energy Global 2023 04 18 Retrieved 2023 11 02 Wikinger Offshore Windfarm Power Technology Retrieved 2023 11 02 Wikinger Offshore Wind Farm in German Baltic Sea Retrieved 2023 11 02 Whitelee Wind Farm Renewable Technology www renewable technology com Retrieved 2023 11 02 UPDATE 3 Iberdrola Renovables shares drop on market debut Reuters 2007 12 13 Retrieved 2023 11 02 UPDATE 2 Iberdrola to buy out renewables unit Reuters 2011 03 08 Retrieved 2023 11 02 Iberdrola pioneering the renewable energy revolution Whitelee Wind Farm joins major tourist attractions body BBC 2012 06 20 Retrieved 2015 04 18 Grinan inaugura el complejo eolico de El Andevalo el mas grande de la Europa Continental 20minutos es in Spanish Schibsted Media Group 2011 03 09 Retrieved 2015 04 18 Iberdrola Opens 404 MW Penascal Wind Farm RenewableEnergyWorld com PennWell 2010 06 22 Retrieved 2015 04 18 Nunez De Balboa Solar Plant Badajoz Extremadura NS Energy Retrieved 2020 01 08 Iberdrola Nunez de Balboa completed Iberdrola finalizes the construction of the largest photovoltaic plant in Europe within one year Electric Energy Online January 7 2020 Retrieved 2020 01 08 More than 7 000 people join the International Week of Volunteering with Iberdrola Time News 2022 10 09 Retrieved 2023 11 02 contenidos 2023 04 25 Voluntarios de Iberdrola guian la formacion socio laboral de mujeres en exclusion social junto a Fundacion Integra Corresponsables com Espana in Spanish Retrieved 2023 11 02 Mas de 70 voluntarios de Iberdrola dedican sus vacaciones a formar a ninos en riesgo de exclusion social en Mexico y Brasil MarketScreener 2012 02 10 Iberdrola SA IBERDROLA OFFERS EMPLOYEES 6 500 VOLUNTEERING OPPORTUNITIES IN 2011 February 10 2012 at 03 10 am EST MarketScreener www marketscreener com Retrieved 2023 11 02 Inspirational dad Stuart urges scots to unite for World Cancer Day Cancer Research UK 2022 02 03 Retrieved 2023 11 02 david 2023 05 18 Iberdrola y Envera inauguran el Aula Dis Friendly un espacio sostenible para la formacion de personas con discapacidad intelectual Envera in Spanish Retrieved 2023 11 02 a b Iberdrola envia mas de ocho toneladas de material humanitario a Ucrania Europa Press 2022 03 25 Retrieved 2023 11 02 MarketScreener 2012 02 10 Iberdrola SA IBERDROLA OFFERS EMPLOYEES 6 500 VOLUNTEERING OPPORTUNITIES IN 2011 February 10 2012 at 03 10 am EST MarketScreener www marketscreener com Retrieved 2023 11 02 a b Atalayar 2022 02 28 Iberdrola Chairman Ignacio Sanchez Galan attends emergency summit at the Elysee Palace Atalayar Retrieved 2023 11 02 Admin 2021 09 14 Iberdrola renews its support for the Spanish Olympics and Paralympics until the 2024 Paris Games Spain s News Retrieved 2023 08 18 Atalayar 2022 02 28 12 Olympic medals in the Vallehermoso stadium support Iberdrola s commitment to 600 000 federated athletes Atalayar Retrieved 2023 08 18 a b Iberdrola es el principal impulsor del programa Universo Mujer Retrieved 2023 08 18 a b Epi rc es 2022 06 22 Iberdrola envia toda su energia a la Seleccion Espanola femenina de Futbol de cara a la Eurocopa elperiodico in Spanish Retrieved 2023 08 18 Spain s Iberdrola Sailing Team win the Soto 40 class at the Audi MedCup Cascais Trophy www sail world com Retrieved 2023 08 18 Rafael Andarias continues as leader Iberdrola Paralympic Sailing Circuit Javea com Xabia com 2013 05 23 Retrieved 2023 08 18 Admin 2021 09 14 Iberdrola renews its support for the Spanish Olympics and Paralympics until the 2024 Paris Games Spain s News Retrieved 2023 08 18 Tour Universo Mujer siete anos acercando el deporte Diario AS in Spanish 2023 03 28 Retrieved 2023 08 18 Iberdrola une a la Seleccion y sera su patrocinador principal Expansion com www expansion com Retrieved 2023 08 18 Calvin 2022 06 22 Iberdrola sends all his energy to the Spanish Women s Football Team before the European Championship Social Bites socialbites ca Retrieved 2023 08 18 Iberdrola patrocinador oficial de la Primera Division femenina de futbol Expansion com in Spanish 2016 08 22 Retrieved 2023 08 18 www fifa com https www fifa com fifaplus en tournaments womens womensworldcup australia new zealand2023 Retrieved 2023 11 02 a href Template Cite web html title Template Cite web cite web a Missing or empty title help Neoenergia becomes first dedicated sponsor of Brazilian women s football SportBusiness Sponsorship 2021 06 02 Retrieved 2023 08 18 Iberdrola primera empresa en patrocinar de forma exclusiva a la Seleccion de Brasil Diario AS in Spanish 2021 06 13 Retrieved 2023 08 18 ScottishPower announces sponsorship of women and girls football Sponsorship Awards www sponsorship awards co uk Retrieved 2023 08 18 External links editOfficial websitePress articles edit We need a co ordinated European energy policy and an end to states protecting their own interests Maine chooses Iberdrola to build gas pipeline to state properties permanent dead link Iberdrola Begins Work On Its First German Offshore Wind Farm Plans 11 GW Of Offshore Wind In Europe Iberdrola joint venture bags 182 million investment for Brazilian wind farms Iberdrola USA Foundation and Fundacion Iberdrola Scholarship Program Completes Successful First Year Iberdrola invests 1 6 bln eur in German wind farm Wind energy in Poland Iberdrola opens a wind farm Iberdrola prices 750 mln euro 2017 bond Iberdrola USA Subsidiaries Recognized for Outstanding Sandy Recovery Efforts Iberdrola sells 1 billion euro bond Portals nbsp Energy nbsp Companies Retrieved from https en wikipedia org w index php title Iberdrola amp oldid 1212234054, wikipedia, wiki, book, books, library,

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