Tag Archives: Iberdrola

ScottishPower has partnered with ZeroAvia to explore the development of green hydrogen supply solutions for key airports, which could see the decarbonisation of air travel take off

The collaboration will allow the companies to explore the hydrogen infrastructure for airports to support hydrogen-electric flight and other potential uses. ZeroAvia has a longstanding partnership with AGS Airports, including Glasgow and Aberdeen. Hydrogen-electric engines, used by ZeroAvia, generate electricity using hydrogen fuel cells, emitting only water as a by-product. The company is advancing its … Continue reading ScottishPower has partnered with ZeroAvia to explore the development of green hydrogen supply solutions for key airports, which could see the decarbonisation of air travel take off

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The World Bank grants a green loan of 300 million to Iberdrola for renewable projects in emerging countries

Iberdrola receives new recognition from the World Bank, through its private sector investment arm – International Finance Corporation (IFC) –. The institution and the electricity company have signed a loan, linked to ESG criteria (environmental, social and corporate governance), of 300 million euros for renewable projects in countries that depend on fossil fuels, such as … Continue reading The World Bank grants a green loan of 300 million to Iberdrola for renewable projects in emerging countries

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Iberdrola starts commissioning Vineyard Wind I, the largest offshore wind farm in the U.S.

Iberdrola has started to commission the Vineyard Wind I offshore wind farm – the first large-scale project of this technology in the United States. The facility, with 806 MW of capacity, has already begun to supply green energy to Massachusetts, a state that will be supplied with wind energy to more than 400,000 homes – … Continue reading Iberdrola starts commissioning Vineyard Wind I, the largest offshore wind farm in the U.S.

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CIP and Avangrid Announce First Power from Vineyard Wind 1

Copenhagen Infrastructure Partners (CIP), a global leader in greenfield renewable energy investments, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that power from the Vineyard Wind project was delivered to the New England grid for the first time. As part of the initial commissioning process, … Continue reading CIP and Avangrid Announce First Power from Vineyard Wind 1

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Iberdrola signs its largest ever credit line for €5.3 billion with 33 banks

Iberdrola continues to strengthen its liquidity position, confirming today that it has refinanced €5.3 billion by signing its largest ever credit facility. The agreement, signed with 33 international banks, also helps to consolidate its leadership in sustainable financing, with the conditions of the facility linked to of a series of ESG objectives. The operation has … Continue reading Iberdrola signs its largest ever credit line for €5.3 billion with 33 banks

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All wind turbines at Iberdrola’s Saint-Brieuc offshore wind farm in France have been installed

Iberdrola has announced that turbine installation at the Saint-Brieuc wind farm in France has been completed.  Norwegian company Fred Olsen’s Brave Tern jack-up vessel installed the last 8 MW wind turbine at position SB49 on 17 December 2023. The ship has made 18 rotations from Le Havre, with the components of 3 to 4 wind … Continue reading All wind turbines at Iberdrola’s Saint-Brieuc offshore wind farm in France have been installed

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All wind turbines at the Saint-Brieuc wind farm are complete

The Saint-Brieuc Wind Farm located off the coast of northwestern France has reached a significant milestone, with all its wind turbines successfully installed and standing tall. The completion of this ambitious project marks a major achievement in the country’s renewable energy goals and will contribute to a substantial reduction in carbon emissions. The Saint-Brieuc Wind … Continue reading All wind turbines at the Saint-Brieuc wind farm are complete

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Iberdrola España will repower its first four wind farms and increase production by 30%

Iberdrola España will repower four onshore wind farms in Galicia and Castilla La Mancha, which will reduce the number of wind turbines installed in both communities by 200 and increase the energy production of the facilities by an average of 30%. The machines used in the repowering will have a unit power that is up … Continue reading Iberdrola España will repower its first four wind farms and increase production by 30%

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Avangrid Completes Installation of First Five Wind Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project

Avangrid Completes Installation of First Five Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project Developer working toward first delivery of clean energy to 30,000 homes and businesses from first large-scale offshore wind farm in the United StatesOnce fully operational, Vineyard Wind 1 will deliver 806 Megawatts, enough to power 400,000 homes … Continue reading Avangrid Completes Installation of First Five Wind Turbines, Prepares to Deliver First Power from Nation-Leading Vineyard Wind 1 Project

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Iberdrola joins forces with Masdar to co-invest 15 billion in offshore wind and green hydrogen in Germany, the United Kingdom and the United States

Today (5th December) at COP28 in Dubai, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.  After the parties’ successful co-investment in Baltic Eagle, in Germany, the new milestone … Continue reading Iberdrola joins forces with Masdar to co-invest 15 billion in offshore wind and green hydrogen in Germany, the United Kingdom and the United States

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Tripling renewables by 2030 is feasible and will mobilise investments of 2.2 trillion dollars per year

The Executive Chairman of Iberdrola, Ignacio Galán, assured this morning at COP28 that the objective of tripling the installed renewable capacity by 2030 is feasible. There are 118 countries that have already signed up to this objective at the Climate Summit being held in Dubai.  They have also committed to double the energy efficiency ratio, … Continue reading Tripling renewables by 2030 is feasible and will mobilise investments of 2.2 trillion dollars per year

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Iberdrola and bp pulse launch their fast and ultrafast charging joint venture in Spain and Portugal

Iberdrola and bp pulse proudly announce the formal launch of their joint venture that recently received regulatory authorizations. The new company plans to create the most extensive high speed public charging network in Iberia. The aim is to promote access for all citizens to a reliable, high-speed charging infrastructure and thus helping to remove one … Continue reading Iberdrola and bp pulse launch their fast and ultrafast charging joint venture in Spain and Portugal

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Iberdrola sets out £12bn investment plan at UK Global Investment Summit

Over the past 15 years Iberdrola, the largest electricity company in Europe and one of the two largest worldwide, has invested close to £30bn in the UK’s electricity grid and renewable generation capacity.  Its ScottishPower business was the first UK integrated utility to generate 100% green electricity.  At the UK Global Investment Summit in London, hosted … Continue reading Iberdrola sets out £12bn investment plan at UK Global Investment Summit

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CIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, and Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, announced today that the Vineyard Wind 1 project closed a first-of-its-kind tax equity package for commercial-scale offshore wind with three US-based banks. The $1.2 billion dollar investment transaction … Continue reading CIP and Avangrid Announce Largest Single Asset Tax Equity Financing and First Large-Scale Offshore Transaction in the U.S.

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Iberdrola invests €11 billion and net profit reaches €3.64 billion, up 17%

Investments reach €11 billion in the last 12 months  Net profit up 17% to €3.64 billion Dividend FY 2023 Net profit outlook raised to double-digit growth Reinforcing financial strength Strategic Plan Delivery Growth based on Networks, with regulatory frameworks covering 96% of asset base closed to 2025  Renewable capacity up 3,100 MW in the last … Continue reading Iberdrola invests €11 billion and net profit reaches €3.64 billion, up 17%

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Iberdrola installs three wind farms in Germany with a capacity of up to 200 MW

Iberdrola awarded 790 hectares of land by ForstBW for wind energy in Germany. Iberdrola Deutschland has been awarded three wind energy sites in the latest tender by Forst Baden-Württemberg (ForstBW). Wind farms with an expected number of 25 wind turbines (WTGs) will be built on a total of 790 hectares (ha). With a potential total … Continue reading Iberdrola installs three wind farms in Germany with a capacity of up to 200 MW

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Iberdrola installs first turbine of Vineyard Wind 1 offshore wind farm

Iberdrola has completed installation of the first turbine at the Vineyard Wind 1 offshore wind farm. Each turbine will provide power to more than 6,000 homes and businesses.  Comprising a tower, three blades and a nacelle, it has a rated capacity of 13 megawatts, making it the largest turbine in the world. In addition, the … Continue reading Iberdrola installs first turbine of Vineyard Wind 1 offshore wind farm

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Avangrid (Iberdrola), CIP Announce Successful Installation of the First Wind Turbine

GE Haliade-X Is First of 62 Wind Turbines for First-in-the-Nation Project that Will Power More than 400,000 Homes and Businesses in Massachusetts. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, and Copenhagen Infrastructure Partners (CIP), a global leader in green energy investment, today announced that that the Vineyard … Continue reading Avangrid (Iberdrola), CIP Announce Successful Installation of the First Wind Turbine

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Iberdrola progress its renewable energy strategy: the company installs almost 3,000 MW in the last twelve months

Iberdrola continues to move at pace with its commitment to being at the forefront of the energy transition, accelerating decarbonization and reducing dependence on fossil fuels. The company has installed almost 3,000 MW of new renewables capacity (2,952 MW) in the last 12 months, which means it has reached a total capacity of 41,303 MW … Continue reading Iberdrola progress its renewable energy strategy: the company installs almost 3,000 MW in the last twelve months

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Whitelee, the largest onshore wind farm in the United Kingdom for more than 15 years

Whitelee Onshore Wind Farm, located 20 minutes from the center of Glasgow, has been producing clean, renewable energy in the heart of Scotland since 2008. With 215 wind turbines and 539 megawatts installed, it is the largest onshore wind farm in the UK, distinguished for its excellent management and care of the environment. Whitelee, with … Continue reading Whitelee, the largest onshore wind farm in the United Kingdom for more than 15 years

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