Iberdrola

Company description

Iberdrola is a Spanish private multinational electric utility company based in Bilbao, Basque Country. Iberdrola has a workforce of around 31,330 employees in dozens of countries on four continents serving around 31,67 million customers. Subsidiaries include Scottish Power (Scotland), Iberdrola USA (United States), and Elektro (Brazil), amongst others. The largest shareholder of the company was, 2013, Qatar Investment Holding; other significant shareholders are ACS, Kutxabank, and Bankia.

The company's business is structured into four segments: Network Business, including all the energy transmission and distribution activities, and any other regulated activity originating in Spain, the United Kingdom, the United States, and Brazil; Deregulated Business, including electricity generation and sales businesses as well as gas trading and storage businesses carried on by the Group in Spain, Portugal, the United Kingdom, and North America; Renewable: activities relating to renewable energies in Spain, the United Kingdom, the United States and the rest of the world; Other Businesses, comprising the engineering and construction businesses and the non-power businesses; and Corporation which includes the costs of the Group's structure (Single Corporation), of the administration services of the corporate areas that are subsequently invoiced to the other companies through either specific service.

Company details

City:
Bilbao
Address:
Plaza Euskadi número 5 48009 Bilbao, Bizkaia, Spain

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • January 04, 2023

    Iberdrola starts operation of 50 MW Korytnica 2 wind project in Węgrów

    Iberdrola has started the commercial operation of the 50.5 MW Korytnica II wind farm project located in the Mazowieckie region, northeast of Warsaw in Poland. The project, consisting of 14...

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  • December 28, 2022

    Iberdrola secures planning approval for 70 MW Iglesias wind project in Castilla y León

    Iberdrola has secured approval for the Environmental Impact Statement (EIS) application for the development of the 70 MW Iglesias wind farm located in the province of Burgos in Castilla...

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  • December 27, 2022

    EIB finances 188 MW of Portuguese solar PV projects

    Iberdrola and the European Investment Bank (EIB) have signed a new agreement for the provision of a EUR70 million (US$74.5 million) green loan for the development of a portfolio of projects in Portuga...

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  • December 20, 2022

    Iberdrola, ABEL Energy to develop 10 MW hydrogen project in Tasmania

    Iberdrola Australia and ABEL Energy will construct the 10 MW Bell Bay green hydrogen and green methanol production project in northern Tasmania, Australia. The government will support the EUR1.1 billi...

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  • November 11, 2022

    Iberdrola completes construction of 13.5 MW Conde solar project in Lisbon

    Iberdrola has completed the construction of the 13.5 MW Conde solar photovoltaic facility located in the municipality of Palmela, in the district of Setúbal, Portugal.  The solar far...

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  • November 10, 2022

    Iberdrola to invest EUR17bn on renewable energy

    Iberdrola SA plans to invest around EUR17 billion (US$17.1 billion) in renewables between 2023 and 2025 in order to reach a total installed capacity of approximately 52 GW of clean energy by the end o...

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  • November 09, 2022

    Iberdrola secures EUR500m loan for renewable energy projects

    Iberdrola SA has signed a syndicated EUR500 million (US$499.8 million) green loan with CaixaBank and BNP Paribas SA, with Cesce providing credit insurance. The 15-year loan will support wind, solar p...

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  • October 18, 2022

    Iberdrola, Sempra Infrastructure to develop US hydrogen and green ammonia projects

    Iberdrola and Sempra Infrastructure have signed an agreement for the combined development of renewable energy-powered hydrogen and green ammonia projects in the USA. The signed deal establishes a fra...

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  • September 26, 2022

    Iberdrola, Solvay to develop solar PV projects in Tavaux and Saint Fons

    Iberdrola and Solvay have announced their partnership on a new solar photovoltaic (PV) project in Tavaux and Saint Fons, France. Under the terms of the agreement, a 172-ha land will be used to constr...

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  • September 22, 2022

    Iberdrola secures EIS for 375 MW Solar PV project in Spain

    Iberdrola has obtained the Environmental Impact Statement (EIS) for its 375 MW solar PV project in the municipality of Cedillo, Cáceres Spain.

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