Company description

Iberdrola is a Spanish private multinational electric utility company based in Bilbao, Basque Country. Subsidiaries include Scottish Power (Scotland), Iberdrola USA (United States), and Elektro (Brazil), amongst others. 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 UK, the USA, 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 UK, and North America;
  • Renewable activities relating to renewable energies in Spain, the UK, the USA and the rest of the world; and
  • 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

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

  • March 07, 2024

    Iberdrola launched offer to acquire 18.4% of its US subsidiary Avangrid

    Spanish utility Iberdrola has submitted a non-binding offer to buy the remaining 18.4% of its US subsidiary Avangrid for US$2.5 billion, aimed at taking over the entire company. Iberdrola currently o...

    Read more
  • February 27, 2024

    PPA signed for 476 MW Offshore wind project in Germany 

    Iberdrola Deutschland and O2 Telefónica have signed a long-term power purchase agreement (PPA) covering energy from the 476 MW Baltic Eagle wind farm in the German Baltic Sea.

    Read more
  • January 29, 2024

    Avangrid Announces First Onshore Wind Project in Oklahoma

    Avangrid, Inc. has announced its first renewable energy project, a 147.5 MW wind farm with 33 turbines in Pontotoc County, Oklahoma, USA. Pontotoc Wind is anticipated to produce approximately 500,000...

    Read more
  • January 09, 2024

    Iberdrola to install hybrid hydroelectric and solar plant in Spain

    Iberdrola has obtained environmental approval for an 86.4 MW hybrid photovoltaic and hydroelectric plant located in Extremadura, in the municipality of Cedillo, Spain.  The initiative,...

    Read more
  • December 21, 2023

    Bidders shortlisted for 400 MW/400 MWh solar plus battery storage project in Morocco

    The Moroccan Agency for Sustainable Energy (Masen) has published a list of the pre-qualified bidders for the Noor Midelt III a 400 MW solar plant in Morocco.  

    Read more
  • November 07, 2023

    Iberdrola completes sale of 49% stake in Baltic Eagle to Masdar

    Iberdrola has finalized the sale of a 49% stake in its 476 MW Baltic Eagle offshore wind farm to United Arab Emirates-based renewable energy developer Masdar. Iberdrola has acquired a...

    Read more
  • September 29, 2023

    Construction completed for hybrid wind-solar plant project in Spain

    Spanish energy provider Iberdrola has finished building the hybrid wind-solar plant in Spain. A 74 MW solar facility has been established in the municipalities of Revilla Vallejera, Villame...

    Read more
  • July 28, 2023

    Masdar invests in 476 MW offshore wind project in Germany

    Masdar has signed an agreement with Iberdrola to invest in the Baltic Eagle offshore wind project in the German Baltic Sea, off the island of Rügen, Germany.    

    Read more
  • July 07, 2023

    Iberdrola connects 496 MW offshore wind project in France

    Iberdrola has connected its 496 MW Saint-Brieuc offshore wind project to the French national electricity grid via RTE.  

    Read more
  • June 21, 2023

    Iberdrola, SHS - Stahl Holding Saar sign 50 MW PPA for Baltic Eagle offshore wind project in the German Baltic Sea

    Iberdrola Deutschland and SHS-Stahl Holding Saar GmbH & Co. KGaA have announced a 15-year power supply agreement (PPA) which will enable SHS to cover its annual consumption of 200 GWh with around...

    Read more