Iberdrola

Iberdrola

Iberdrola acquires 80 stake in, Finland’s largest electricity operator, Caruna Group, for €2,014 million

Reported by the Consejeros Editorial Team Iberdrola has signed a sale and purchase agreement with Suomi Power Networks, controlled by the Ontario Teachers’ Pension Plan (Canada) and the KKR fund, for the acquisition – direct or indirect – of 80 per cent of the share capital of the company that holds 100 per cent of the shares in two Finnish concessionary companies, “Caruna Oy” and “Caruna Espoo Oy”, which together…


iberdrola megachuli

Iberdrola’s profit reaches €4.336 million, up 22 per cent, with adjusted EBITDA of €8.050 million

Reported by Consejeros Editorial Team Iberdrola has posted a reported net profit of €4.3364 billion between January and June 2026, 21.7 per cent higher than the €3.5622 billion recorded in the same period of the previous year, as reported by the company to the Spanish National Securities Market Commission (CNMV). “Adjusting for the contribution from Mexico in 2026 (up €74.8 million), for the net capital gain (€953.3 million) following the…


Iberdrola edificio

Iberdrola receives two international awards for its approach to green finance and sustainability

Reported by the Consejeros Editorial Team The company has been recognised as the leading corporate issuer of green, social and sustainable bonds at the 2026 Global Capital Bond Awards and, at the same time, has been named Europe’s most sustainable electricity company at the 2026 World Finance Sustainability Awards. The GlobalCapital Bond Awards are the only awards dedicated exclusively to international bond markets, and the winners are chosen by market…


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…