Iberdrola

Iberdrola edificio

Iberdrola to develop 1,000 MW energy storage battery in Australia, company’s largest to date

Reported by the Editorial Team A friendly takeover bid in 2020 for the renewable energy company Infigen Energy marked the start of the energy company’s activities in Australia. Since then, the country has established itself as one of the markets in which Iberdrola has shown the clearest commitment. In the last month, the Spanish company has achieved two new milestones there. I1berdrola has submitted a proposal to the Australian Government…


iberdrola junta 2026

Iberdrola secures 98% support at AGM and re-elects Pedro Azagra as CEO

The chairman, Ignacio Sánchez Galán, has reiterated his €43 billion investment plan for the period 2026–2028, with which he expects to exceed €6.6 billion in net profit in 2026 and reach €7.6 billion in 2028. Reported by Editorial Team Iberdrola’s shareholders have approved all items put to the vote at the Annual General Meeting held this Friday, with an average approval rate of 98% and a attendance quorum of 74%,…


Iberdrola edificio

Iberdrola posts €1.865 billion profit in Q1 2026, up 11% year-on-year compared with same period last year, raises 2026 guidance to over 8%

Norbolsa | The electricity company published its Q1 2026 results this morning, recording year-on-year growth in adjusted net profit of 11% to €1.865 billion, slightly exceeding consensus expectations. Similarly, the group’s adjusted EBITDA reached €4.1 billion, driven mainly by its Networks division (up 9% year-on-year); driven by a larger base of regulated assets (primarily in the UK and the US), whilst the Generation and Customers division recorded a year-on-year decline…


Iberdrola east anglia

Iberdrola completes installation of first wind turbine at East Anglia Three wind farm

Alphavalue/Divacons | The utility, through its British subsidiary ScottishPower, has completed the installation of the first wind turbine at the East Anglia Three wind farm. This turbine is the first in the UK to feature 115-metre blades, the largest ever manufactured and assembled in British waters. Meanwhile, Mario Ruiz-Tagle, CEO of Iberdrola Spain, has described it as “essential” that Red Eléctrica de España (REE) shares the audio recordings and information…


iberdrola megachuli

Iberdrola reaffirms commitment to continuing to invest in Brazil

Link Securities | The chairman of Iberdrola (IBE), Ignacio Sánchez Galán, held a meeting on Saturday with the President of Brazil, Luiz Inácio Lula da Silva, as part of the Spain-Brazil bilateral summit held in Barcelona, according to a report this weekend in the newspaper Cinco Días. At the meeting, the Spanish executive confirmed his commitment to the Latin American country, where he owns the largest electricity distributor, and announced…


Naturgy will be able to undo the provisions for hyperinflation and devaluation of the peso

Iberdrola, Naturgy and Endesa face new competition: JP Morgan enters direct electricity retail market in Spain via Sonnedix

Norbolsa | The renewable energy platform controlled by JPMorgan Asset Management is finalising a new strategic plan under which it intends to enter the direct electricity retail market. In addition to developing and managing renewable energy facilities, it will now also market its own and third-party electricity, competing with major electricity companies such as Iberdrola, Naturgy and Endesa. Although it is an international platform with a presence in nine countries,Sonnedix…


iberdrola señalada

Iberdrola acquires 42 MW solar photovoltaic plant in Italy, bringing generation capacity in country to 400 MW

Link Securities | Iberdrola (IBE) has reached an agreement to acquire a solar photovoltaic plant with an installed capacity of 42 MW, located in Lazio (Italy), from the local developer CCE Holding, an international renewable energy company based in Austria, according to Bolsamanía. The facility, which came online less than six months ago, has long-term power purchase agreements that guarantee stable cash flows. The plant will form part of the…


central nuclear de asco

Iberdrola and Endesa seeking to extend Ascó nuclear power station operating life until 2034

Banco Sabadell | According to press reports, both companies are set to apply imminently for authorisation to extend the closure date of the two reactors at the Ascó nuclear power station in Tarragona, at least until 2034, compared to the initially planned dates of 2030 and 2032. Assessment: News of little impact for now, which would be in line with the sector’s stance of wanting to extend the closure of…


iberdrola wikinger

Iberdrola secures €700 million in funding to develop Eastern Green Link 4 project in UK

Link Securities | Iberdrola (IBE) has secured £600 million (around €700 million) in funding from the National Wealth Fund to develop the Eastern Green Link 4 project, an undersea electricity interconnector between Scotland and England, according to Bolsamanía. This infrastructure, which will be the company’s third project of its kind in the UK, will help strengthen the country’s energy security and advance its electrification goals, against a backdrop of growing…


iberdrolaTC

Iberdrola completes purchase of first wind farm in Austalian state of Victoria, company’s fifth and largest in the country

Link Securities | According to a press release issued by the company, Iberdrola has completed the acquisition of the Ararat wind farm, located in the state of Victoria (Australia), from Partners Group and OPTrust, after obtaining all the necessary authorisations to carry out the transaction. With this transaction, the group now has a presence in five states in the country: New South Wales, South Australia, Victoria, Queensland and Western Australia….