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….

Alphavalue/Divacons | The Spanish utility, through its US subsidiary Avangrid, has extended its power purchase agreement (PPA) with Xcel Energy for electricity generated at its MinnDakota wind project. This facility, which has a capacity of 150 MW, is located on the border between the states of Minnesota and South Dakota in the United States. Meanwhile, Transports Metropolitans de Barcelona (TMB) awarded Iberdrola (IBE) a contract worth €14 million for the…

Alphavalue/ Divacons | Qatar’s sovereign wealth fund (Qatar Investment Authority-QIA) reduced its stake in Iberdrola to 6.98%, the lowest level since 2012. According to the electricity company’s 2025 Annual Report, the Qatari fund divested 1.71% of its capital during the last financial year, reducing its position from the 8.69% it controlled at the end of 2024. Despite this partial exit, QIA remains the main reference shareholder of the Spanish energy…

Alphavalue/Divacons | The Spanish utility has strengthened its presence in the energy storage sector in Australia with two key developments in the state of New South Wales. The electricity company has been awarded a long-term energy services contract (LTSE) for its future 100 MW Kingswood battery, designed to offer 1,080 MWh of storage capacity and up to eight hours of continuous discharge. At the same time, the company officially inaugurated…

Link Securities | The company has put into operation in Alarcón (Cuenca) the first two large batteries in Spain, a milestone in the development of large-scale energy storage in the country, according to a statement issued by the company on Friday and reported by Bolsamania.com. These are the Romeral and Olmedilla batteries, each with a capacity of 60 MWh and a power output of around 30 MW, capable of storing…

Link Securities | In an interview with Expansión newspaper during the World Economic Forum in Davos (Switzerland), the chairman of Iberdrola (IBE), Ignacio Sánchez Galán, highlighted that the electricity sector is becoming a driver of economic growth, in contrast to its traditional defensive role, with electricity grids as the best example. He also highlighted the group’s record investment plan of €58 billion announced for the period up to 2028, two-thirds…