Iberdrola
Spanish multinational electric utility company
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2025 | Baltic Eagle offshore wind farm in Germany and Vineyard Wind I in the USA are expected to come on stream. |
May 2025 | Received a £600 million loan from the National Wealth Fund to upgrade the UK's power grid. |
2024 | Iberdrola launched CPD4Green, a new subsidiary specialized in Data Centres, with the goal of becoming Europe's largest hub for data centers and AI processing. |
2024 | Reached an agreement to purchase the remaining 18.4% of US subsidiary Avangrid and inaugurated the group's fourth offshore wind farm, Saint Brieuc, in France. |
August 2024 | Iberdrola agreed to acquire an 88% majority stake in Electricity North West, a British electricity distribution network operator, for €2.5 billion. |
2023 | Iberdrola constructed its first hybrid wind and solar complex in Spain, located in the province of Burgos, featuring two photovoltaic plants with a total capacity of 74 MW and over 170,000 solar modules. |
2023 | Installed more than 4,500 MW of solar energy capacity globally, with plans to invest 24% of renewable investments in solar photovoltaic technology to increase installed solar capacity by 6,300 MW. |
2023 | Iberdrola completed offshore wind projects in Poland, increasing its renewable capacity to 261 MW with a mix of wind and solar projects. |
2023 | The company increased its renewable energy capacity to 41,246 MW, representing a 6.5% worldwide growth. Operational renewables reached 41,250 MW, with an additional 7,100 MW under construction. |
2023 | Iberdrola sold its non-renewable assets in Mexico to Mexico Infrastructure Partners (MIP). |
August 2023 | During Iberdrola's sponsorship, the Spanish Women's National Team wins the World Championship in Australia and New Zealand. |
July 2023 | Completed the installation of its first turnkey photovoltaic system at AkzoNobel Powder Coatings GmbH in Reutlingen, Germany, with an international team. The system is expected to reduce CO2 emissions by 125 tons annually. |
June 2023 | In the first half of 2023, ScottishPower distributed 15,377 GWh of energy across 3.6 million supply points in the United Kingdom. |
February 2023 | Started developing a solar module factory in Langreo, Spain with an initial investment of €20 million. |
2022 | Inaugurated the Puertollano green hydrogen plant capable of producing 3,000 tonnes of renewable hydrogen annually, and the Tâmega hydroelectric complex in Portugal with a total capacity of 1,158 MW. |
2022 | Fully installed the Midland onshore wind project in Illinois, USA (106 MW), with operations starting in 2023. |
2022 | Iberdrola began the East Anglia Hub offshore wind project in the United Kingdom, which will have a total installed capacity of 2,900 MW and supply clean energy to 2.7 million British homes. |
2022 | Inaugurated the Puertollano green hydrogen plant, capable of producing up to 3,000 tonnes of renewable hydrogen per year. |
December 31 2022 | Iberdrola Group completed the year with 60,761 MW of total installed capacity, of which 40,066 MW was from renewable sources. |
July 2022 | Iberdrola began a joint venture with BP to create large-scale green hydrogen production (6GW) in Spain, Portugal, and the UK, along with clean ammonia and methanol production. |
May 2022 | Iberdrola partnered with Storegga to develop green hydrogen production plants across Scotland, with the first project being the Cromarty Hydrogen Project capable of producing up to 20 tonnes of green hydrogen per day. |
March 2022 | Iberdrola sent eight tonnes of humanitarian aid donated by its employees in Spain to Ukraine to support people affected by the Russian invasion. |
February 2022 | Ignacio Galán, Iberdrola's Chairman, attended a meeting in Paris with European leaders including Emmanuel Macron, Olaf Scholz, and Ursula Von der Leyen to address the Russian aggression against Ukraine and promote peace in Europe. |
2021 | Iberdrola's subsidiary Neoenergia becomes the first dedicated sponsor of Brazilian women's football by signing an agreement with the Brazilian Football Confederation (CBF). |
2021 | Completed the Chafariz wind complex in Paraíba, Brazil (471 MW), and Pier wind facility in Puebla, Mexico (221 MW). Also installed onshore wind capacity in Poland (134 MW). |
2021 | Iberdrola acquired offshore wind projects in Taiwan. |
December 2021 | Iberdrola and H2 Green Steel announced a €2.3 billion green hydrogen venture, planning a 1GW plant to produce green hydrogen for steel production with 95% CO2 emissions reduction. |
May 2021 | Iberdrola started a joint project with Cummins to develop a 500MW-per-year hydrogen electrolyser gigafactory in Castilla-La Mancha, near Madrid, Spain. |
2020 | Started the Oitis wind farm project in Brazil, a 566.5 MW complex spanning 12 wind farms, becoming the largest onshore wind farm project in Latin America. |
2020 | Iberdrola purchased PNM Resources in the United States, serving Texas and New Mexico. |
2020 | Iberdrola acquired Infigen Energy in Australia, which was renamed Iberdrola Australia the following year. |
2020 | Iberdrola expanded its renewable energy portfolio by acquiring Aalto Power and Ailes Marines in France. |
2020 | Iberdrola acquired the CEB-D distributor in Brazil and Acacias Renewables in Japan. |
January 2020 | Núñez de Balboa 500-megawatt photovoltaic facility entered its testing phase in Badajoz Province, Spain. |
2018 | Commissioned the Santiago and Hermosillo photovoltaic power plants in Mexico, which are Iberdrola's largest photovoltaic power plants with 660,000 PV modules, 170 MW installed capacity, and ability to generate 460 GWh per year, supplying electricity to 138,000 homes. |
2017 | Operational with Canoas and Lagoa 1 & 2 wind facilities in Paraíba, Brazil, with a combined capacity of 96 MW. |
August 2016 | Iberdrola becomes the main promoter of women's football in Spain under an agreement with the Federation of Universo Mujer. |
2015 | Iberdrola launched the 'Iberdrola with Refugees' volunteer initiative to assist refugees from Syria, Palestine, Afghanistan, and Mali in adapting, integrating, and improving their autonomy. |
2015 | Iberdrola established Avangrid through the integration of Iberdrola USA and UIL Holdings Corporation, and began trading on the New York Stock Exchange. |
2015 | Iberdrola acquired United Illuminating for 3 billion euros, strengthening its presence in the American market. |
2015 | Committed to reducing CO2 emissions by 50% by 2030 and announced intention to close all coal-fired power plants worldwide. |
2014 | Launched La Muela II pumped-storage hydroelectric power plant, creating the largest complex of its kind in Europe with almost 1,500 MW. |
2013 | ScottishPower reached an installed capacity of 6,342 MW and total energy production of 19,936 GWh in the United Kingdom. |
2012 | Began operations of the 90 MW Caetité Complex in Bahia, Brazil. |
2011 | Iberdrola began the 'Lights... and Action!' project with the Tomillo Foundation, aimed at improving training and employability of young people experiencing school failure. |
2011 | Installed La Venta III wind facility in Oaxaca, Mexico (103 MW), and established onshore wind capacity in Cyprus (20 MW) and Romania (80 MW). |
2011 | Iberdrola expanded its operations into Brazil by acquiring Elektro. |
July 2011 | Iberdrola re-acquired the minority shares of Iberdrola Renovables and integrated it into the parent company. |
2010 | During Iberdrola's sponsorship, the Spanish National Football Team wins the World Cup. |
2010 | El Andévalo wind farm was commissioned, becoming the largest wind power facility in Spain and continental Europe, with an installed capacity of 292 MW. |
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