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Iberdrola strikes green ammonia bargain
Iberdrola and also seaborne trader of anhydrous ammonia Trammo have signed a green ammonia framework agreement for the purchase as well as sale of as much as 100,000 tonnes of green ammonia each year from 2026. The contract will make it possible for Iberdrola to create the very first green ammonia plant in southerly Europe, which will be viable thanks to European financing, and involves a total investment of EUR750m. The facility will certainly be sustained by the building of 500MW of new renewable resource, as green ammonia will certainly meet all the demands of the EU's Delegated Act. It will additionally add to the production of commercial as well as advancement opportunities in a growing market with a high export element. Iberdrola is currently creating green ammonia as well as methanol plants in Europe, the USA, Australia and also other markets, and also this first plant settles the firm's international development approach in green hydrogen and also its by-products. The building and construction of the development will certainly produce approximately 3.500 jobs, mostly filled by regional employees, Iberdrola said. Additionally, during its procedures and upkeep phase, the project will develop greater than 50 jobs. The plant's green ammonia manufacturing will be purchased and sold by Trammo to add to the decarbonization of north European industry. This project intends to kickstart the European green hydrogen corridor. Southern Europe has a large renewable capacity that allows it to supply affordable green power to decarbonise the various energy-intensive hefty industry all across the continent such as the Netherlands, Germany or France, Iberdrola stated. Iberdrola's global head of green hydrogen Millán García-Tola said: "When you bring together among the globe's biggest renewable energy developers as well as the world's largest seaborne investor of anhydrous ammonia, ingenious projects such as this can promptly come to be viable. " For the past year, we have been running Europe's largest green hydrogen plant, which offers us the experience and understanding of the processes and technology to scale-up quickly to these bigger projects. " Decreasing commercial emissions with the supply of green ammonia provides possibilities in the coming years as well as Iberdrola wishes to be at the centre of this market, delivering actual projects to develop a more sustainable manufacturing chain as well as attain decarbonization goals. " We are currently in talks with Trammo to take a look at similar projects in various other markets."
Jun 9, 2023 // Storage, Iberdrola, green ammonia
Iberdrola Boosts Neoenergia Stake with $2B Acquisition
Iberdrola has announced a deal to acquire a significant stake in Brazilian utility Neoenergia SA for BRL 11.95 billion (USD 2.20 billion). This transaction will
Sep 11, 2025 // Markets & Finance News, Iberdrola, Neoenergia
Iberdrola powers up 50MW Irish battery
Iberdrola has actually powered up its initial commercial-scale grid battery in Ireland. The 50MW Gorman battery energy storage system in County Meath will certainly supply system solutions to EirGrid for six years. The solutions offered, secured in the DS3 Capped System Services agreement auction in 2019, will add to the security and also sustainability of the power network in Ireland, Iberdrola stated. The BESS comprises over 4000 battery modules spread throughout 16 battery containers on a site the size of a football pitch as well as stands for a financial investment of EUR28m. In other places in Ireland, Iberdrola is also building a smaller sized 3MW BESS, which is nearing completion at Barnesmore wind farm in County Donegal. Pre-construction activities are likewise advancing on the consented repowering of Barnesmore wind farm, as well as the growth of the Gorman BESS to double its capacity to 100MW. Planning is additionally underway to deliver three overseas wind projects (Clarus, Shelamere and also Inis Ealga Marine Energy) with an overall possible capacity of 3GW, in partnership with DP Energy. Charlie Jordan, Iberdrola CEO for UK and also Ireland, claimed: "This is a major turning point not just for Iberdrola in Ireland, but for Iberdrola globally, with the powering up of our first-ever functional battery project of this size and range. It's absolutely fantastic. " Ireland has actually laid out significant aspirations to halve discharges by the end of this years as well as attain internet absolutely no by no behind 2050, so purchasing the framework required to help transform that vision into reality is essential if progression is to remain on track-- and we're proud to be part of that journey. " That indicates new green generation-- both onshore as well as offshore-- sustained by innovative innovation like our Gorman Battery Energy Storage System, which will support the stability and reliability of the network and guarantee that clean energy is readily available when it's required. And also we're striving to deliver on all these fronts. " It's wonderful to see Gorman up and running, as well as doing its bit to sustain a greener future for Ireland, and there's much more ahead."
Jul 1, 2022 // Storage, Iberdrola, REPUBLIC OF IRELAND, Charlie Jordan
Iberdrola to acquire Polish wind, solar projects
Iberdrola has actually performed an initial contract on the procurement of 98MW of wind as well as solar projects in Poland from Augusta Energy, a JV in between Greenvolt's 100%-owned subsidiary V-ridium Power Group and asset supervisor KGAL. The purchase includes 2 wind farms totaling 50MW and also 6 solar plants totaling 48MW. All of the plants in profile are presently in building and construction and all type part of 15-year PPA agreed with T-Mobile Polska, indexed to the consumer price index (CPI). It is anticipated that the projects will certainly be operational in 2023. Iberdrola is broadening its visibility in Poland, a key growth renewable market for Iberdrola, bringing its onshore renewable resource capacity up to 261MW. In June this year Iberdrola started the construction of the 50.5 MW Korytnica II wind farm, which will certainly also be functional in 2023. The business currently operates the 30MW Zopowy wind farm as well as the 82.5 MW Korytnica I project.
Aug 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Iberdrola, Europe, KGAL, V-RIDIUM
Iberdrola to Advance Renewable Energy Projects in Mexico
Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have actually joined hands to give a press to renewable energy in Mexico. Iberdrola is a Spanish multinational electric energy firm. MIP is an independent Mexican fund supervisor of alternative investment vehicles, such as promotion of power as well as infrastructure in Mexico. The announcement regarding the MoU signed between both companies was made by Executive Chairman of Iberdrola, Ignacio Galán and also the President of the Government of Mexico, Andrés Manuel López Obrador. The Government of Mexico will back up to the procedures on renewable energy. This will be done by offering financial backing from the National Infrastructure Fund of Mexico (Fonadin) in addition to other public economic entities. Iberdrola keeps that with participation from the Federal Government, it would even more develop its leadership as the main exclusive generator of renewable energy. It will get catalyst to continue to run properties under market problems while giving support to energy shift in Mexico. Obrador stated, "The agreement gotten to with Iberdrola, which enables progression in the application of Mexico's new energy policy, represents the beginning of a brand-new stage in which the company will actively take part in the sustainable development of the country" Galan stated, "Iberdrola appreciates the support as well as flexibility shown by the Government of Mexico to reach this agreement, while taking into consideration Mexico a calculated country with possibility for growth as well as development where it will show its support to Mexico and the State by establishing sustainable capacity." Iberdrola just recently tattooed its largest ever power acquiring agreement (PPA) under which it will certainly develop large-scale renewable energy projects along with Amazon.
Apr 6, 2023 // Markets & Finance News, Amazon, Renewable Energy, Andres Manuel Lopez Obrador, Fonadin, Iberdrola Mexico,, gnacio Galán, Mexico Infrastructure Partners
Iberdrola to Replace Australia CEO; Rolfe Stays Chair
Iberdrola SA said it will overhaul leadership at its Australian unit at the end of 2025, with Ross Rolfe stepping down as chief executive while remaining chairman of the board. The Spanish utility, listed in Madrid (BME: IBE), announced the transition as part of planned governance changes.Rolfe, who has led Iberdrola’s Australian operations as both chairman and CEO, will retain oversight through the board role, ensuring continuity. The company did not disclose a successor or further details on the search process. The move underscores Iberdrola’s focus on refining its leadership structure in a key growth market ahead of 2026. Who will succeed Ross Rolfe as Iberdrola Australia’s CEO after 2025? No successor has been named; Iberdrola has not publicly identified a CEO-designate. Appointment is expected closer to the transition window, following a formal search with external recruiters. Likely candidate pool spans internal Australian leadership (development, retail, operations) and external executives from major utilities and global renewables developers. An interim leadership arrangement remains a possibility if the timeline slips. Watch for updates in 1H 2025 results calls, AGM materials, and ASIC filings for the first disclosure.
Oct 22, 2025 // Markets & Finance News, Iberdrola, Australia, Oceania
Iberdrola obtains Australian solar EPC company Autonomous Energy
stated his firm's knowledge in behind-the-meter technologies integrated with Iberdrola Australia's growing profile of eco-friendly possessions will allow them to
Dec 17, 2021 // Markets & Finance News, EPC, Iberdrola, Australia, Oceania, m&a, acquisition, Autonomous Energy
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon
of international e-commerce and cloud company Amazon, Spanish energy company Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it
Mar 29, 2023 // Markets & Finance News, Iberdrola, Amazon, Renewable Energy, Ignacio Galán, renewable energy projects, Baltic Eagle, Baltic Hub, largest PPA of Iberdrola, offshore wind projects, solar and wind projects, Windanker
Iberdrola Pioneers Spain's First Hydro-PV Hybrid
Iberdrola has obtained environmental approval for its 86MW HIDRO Cedillo hybrid facility in Cedillo, Spain. This is the first project of its kind in the country, combining hydroelectric and photovoltaic (PV) technologies. This will allow for optimal use of the grid and minimize environmental impact. Additionally, Iberdrola announced plans to build Spain’s first hybrid wind-solar plant in Burgos. This technology allows for more stable and efficient renewable production, mitigating dependence on changing environmental conditions or limited resources. The company aims to continue investing in hybrid projects in Spain in the coming years to further its renewable energy growth. Currently, Iberdrola has a total of 5200MW installed in Extremadura, 4100MW of which is renewable. What Benefits Does Iberdrola's Hybrid Facility Offer in Spain? The HIDRO Cedillo facility will provide clean energy to more than 40,000 homes in Spain By combining hydroelectric and photovoltaic technologies, the facility will help optimize the grid and reduce environmental impact The hybrid wind-solar facility in Burgos will allow for more stable and efficient production, mitigating dependence on weather or resources Iberdrola plans to continue investing in hybrid projects in Spain, helping to grow the renewable energy sector Iberdrola currently has 5200MW installed in Extremadura, 4100 of which is renewable
Dec 27, 2023 // Plants, Large-Scale, Commercial, Spain, Iberdrola, Europe
Iberdrola sets up eco-friendly hydrogen device
Galán, president of Spanish power company Iberdrola has actually restated business' intent to take a lead on the generation of hydrogen from renewables
Sep 22, 2020 // Storage, Solar to Fuel, Spain, Iberdrola, Europe, hydrogen, Ignacio Galán
Iberdrola's EUR 750m Green Bond Success
Iberdrola SA has successfully issued a EUR 750 million green bond with a coupon of 3.625% and a ten-year maturity. The demand for the bond exceeded EUR 4 billion from over 220 investors, resulting in a credit spread of 83 basis points over the benchmark. The proceeds from the bond will be used to fund eligible green projects as defined in Iberdrola's Green Financing Framework.Nine banks participated in the placement, including BBVA, Bank of America, and HSBC. This issuance will help Iberdrola strengthen its liquidity in anticipation of potential market volatility after the summer. The utility has recently issued other green bonds and hybrid bonds as part of its financing plan for the year.Overall, Iberdrola has already executed most of its financing plan for the year satisfactorily. The successful placement of the green bond reflects investor confidence in the company's commitment to sustainable projects and its ability to access capital markets effectively. What was the demand for Iberdrola's recent green bond issuance? The demand for Iberdrola's recent green bond issuance exceeded EUR 4 billion Over 220 investors participated in the bond offering The credit spread for the bond was 83 basis points over the benchmark Nine banks, including BBVA, Bank of America, and HSBC, participated in the placement The proceeds from the bond will be used to fund eligible green projects as defined in Iberdrola's Green Financing Framework This issuance will help Iberdrola strengthen its liquidity in anticipation of potential market volatility after the summer Iberdrola has already executed most of its financing plan for the year satisfactorily The successful placement of the green bond reflects investor confidence in the company's commitment to sustainable projects and its ability to access capital markets effectively.
Jul 11, 2024 // Markets & Finance News, Iberdrola
Iberdrola Wins First French Floating Solar Project
happened? Iberdrola has been awarded its first floating solar power project in France, with a total capacity of 25MW, following a call for tenders issued in 2022
Feb 3, 2023 // Floating PV, Iberdrola, PV Power Plant
Iberdrola Partners with Gres Panaria for Solar Power
has signed a long-term power purchase agreement (PPA) with Spanish utility Iberdrola SA, securing 92 GWh of green electricity over a period of 10 years. Starting
Nov 25, 2024 // Plants, Iberdrola, Gres Panaria
Iberdrola Begins Commissioning 316-MW Solar Farm in Spain
energy giant Iberdrola SA (BME:IBE) has started the commissioning process of its 316-MW Ciudad Rodrigo solar farm, located in Salamanca province, Castile and
Sep 2, 2025 // Plants, Large-Scale, Commercial, Spain, Iberdrola, Europe, Renewable Energy, Ciudad Rodrigo, Castile and Leon
Iberdrola Signs 10-Year Wind-Solar PPA for Gestamp
Iberdrola SA has signed a 10-year power purchase agreement with Gestamp Automocion SA to supply renewable electricity to the Spanish car-parts maker’s European plants. The deal is supported by 34 MW of wind and solar capacity and will deliver power certified with guarantees of origin to ensure it is fully renewable.Under the PPA, Iberdrola will provide 660 GWh of electricity over the contract, generated from a mix of 80% wind and 20% solar, delivered across multiple Gestamp facilities. Gestamp gains long-term power supply at fixed prices for better cost visibility as it electrifies industrial processes. Iberdrola said the agreement adds to its expanding corporate PPA portfolio. What does Iberdrola’s 10-year PPA with Gestamp cover, and how much renewable power? What the 10-year PPA covers:- A long-term supply contract in which Iberdrola delivers renewable electricity to Gestamp for its European manufacturing sites.- Power is provided on a “renewable-only” basis using energy that can be backed by guarantees of origin (so the electricity supplied is certified as renewable).- The generation mix is split between wind and solar, enabling Gestamp to receive a diversified renewable portfolio rather than relying on a single technology.- The agreement spans multiple Gestamp facilities across Europe, supporting the company’s wider industrial electrification plans.How much renewable power it provides:- Total volume under the contract: 660 GWh delivered over the 10-year term.- Supported renewable build/portfolio: 34 MW of wind and solar capacity tied to the PPA.- Generation mix by technology: 80% wind and 20% solar, within the contracted renewable supply.
Mar 31, 2026 // Plants, Large-Scale, Commercial, Iberdrola, PV Power Plant, Gestamp