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Iberdrola and Tosano Supermarkets Partner for Clean Energy Future
Iberdrola has signed a Power Purchase Agreement (PPA) with Italian supermarket chain Tosano to supply it with long-term clean energy. The off-site deal guarantees the supply of clean energy for 10 years through an Iberdrola solar PV system. Under the agreement, Iberdrola will provide Tosano with an estimated 20GWh of clean energy annually, helping the supermarket group accelerate its decarbonization and sustainability goals. The deal will reduce Tosano's CO2 emissions by approximately 6,000 tonnes per year. Iberdrola aims to have an operational capacity of 400MW in Italy by 2025.Supermercati Tosano's chairman, Andrea Tosano, stated that the company's medium-term Energy Plan involves increasing its installed capacity of renewable energy to increase the self-produced share of total consumption. Iberdrola's country manager, Lorenzo Costantini, highlighted the importance of working with companies that prioritize renewable energy sources. He also emphasized that off-site PPA agreements stabilize the price of energy in the long term and eliminate the volatility associated with fossil fuels.
How will Iberdrola's PPA with Tosano help accelerate the supermarket's decarbonization goals?
The PPA with Iberdrola will provide Tosano with a long-term and stable supply of clean energy for 10 years.
By relying on Iberdrola's solar PV system, Tosano will be able to reduce its CO2 emissions by approximately 6,000 tonnes per year.
The estimated 20GWh of clean energy annually will contribute significantly to Tosano's decarbonization and sustainability goals.
The off-site PPA agreement allows Tosano to accelerate its transition to renewable energy without the need for on-site installations or infrastructure.
Working with Iberdrola, a company that prioritizes renewable energy sources, aligns with Tosano's commitment to sustainability and environmental responsibility.
The PPA agreement stabilizes the price of energy for Tosano in the long term, eliminating the volatility associated with fossil fuels.
By increasing its installed capacity of renewable energy, Tosano aims to increase the self-produced share of its total energy consumption, further reducing its reliance on traditional energy sources.
Iberdrola's goal of reaching an operational capacity of 400MW in Italy by 2025 demonstrates its commitment to expanding renewable energy infrastructure and supporting the decarbonization efforts of companies like Tosano.
Feb 12, 2024 // Plants, Italy, Iberdrola, Europe
Iberdrola toasts initially Portuguese PV commissioning
Iberdrola has actually commissioned its initial solar farm in Portugal, Spain, one of several projects it was granted in solar auctions in 2019, completing 187MW.
The 12.72 MW Alcochete 2 PV plant, entailing EUR17.8 m in investment, has greater than 50,500 fixed single-facial photovoltaic modules.
The project created greater than 200 jobs throughout peak building and construction periods, all of which were filled by neighborhood employees.
Iberdrola was the largest winning bidder in lot numbers from the 2019 auction in Portugal.
Alcochete 2 is among three from the auction anticipated to enter commercial procedure throughout this year.
Both others are the 13.51 MW Conde project and the 32.89 MW Alcochete 1 project.
All three are located in the Setúbal district.
On top of that, the Montechoro 1 (11.57 MW), Montechoro 2 (24.95 MW) and Carregado (64.1 MW) projects, awarded in the same auction, remain in the process of getting building permits as well as are scheduled to be commissioned in 2023, at which time Iberdrola's PV capacity in Portugal will certainly complete 187 MW.
In Portugal, Iberdrola serves a big commercial portfolio of customers, as well as has 92MW of wind power in operation.
It has actually also commissioned the Daivões (conventional plant) and Gouvães (pumped-storage plant) hydroelectric plants, which become part of the Támega River gigabattery, one of the biggest energy storage facilities in Europe with 1158MW of capacity.
Furthermore, the future construction of a huge wind farm with organized complete capacity of 400MW, connected to the gigabattery, will convert the complex right into a crossbreed generation plant.
Aug 16, 2022 // Plants, Large-Scale, Commercial, Spain, Iberdrola, Europe
Iberdrola Expands Renewable Portfolio with 406 MW in Spain
utility Iberdrola SA has received construction permits for 406 MW of solar and wind farm projects in Spain. The permits include the 184-MW Cofrentes I and the
Aug 6, 2024 // Plants, Large-Scale, Commercial, Spain, Europe, Iberdrola SA
Iberdrola adds more solar to Spanish pipeline, eyes Australia opportunities
will border another 300MW utility-scale project in the area, for which Iberdrola already has grid access.
Meanwhile, Iberdrola also confirmed that
Nov 18, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Iberdrola, Australia, pv power plants, solar pv, Europe, Oceania
Iberdrola wins nod for 1.2 GW Portuguese solar
Iberdrola has protected authorizations to build what will certainly be one of Europe's biggest solar plants, a 1200MW project in Portugal.
The Spanish developer has secured environmental authorizations to build the 1.2 GW Fernando Pessoa solar project, in Santiago do Cacém, near Sines.
The plant is due online in 2025 and also will have Prosolia Energy as partner.
The grid link has actually already been contracted with Portuguese operator REN as well as land for the project has actually been protected, with construction anticipated to create up to 2500 jobs, primarily local.
The plant will be an example of the "conjunction of new eco-friendly developments with environmental heritage as well as regional communities", claimed Iberdrola.
The project's action plan includes actions such as occupational skills training, cultivating tourist as well as giving solar power to close-by communities.
In terms of biodiversity as well as environmental protection, the land will certainly be made use of by shepherds to graze sheep and beehives will be presented, which will certainly assist to improve ecosystem security and also increase crop yields in the surrounding farmland.
In addition, growing will be carried out in the area bordering the center to restore native tree species.
Iberdrola Executive Chairman, Ignacio Galán, stated: "This solar farm sets a new benchmark in incorporating Europe's clean energy ambitions with the delivery of substantial environmental and social advantages.
" We need to reduce our exposure to fossil fuels. We are proud to continue and also enhance our commitment to Portugal with new clean facilities across the nation, as we performed with the Tâmega gigabattery.
" The cooperation of the Portuguese authorities has actually additionally been necessary in getting this project to this phase in record time."
Portugal has actually recently introduced a new governing framework alongside the modernisation of its managements, aimed at speeding up the deployment of clean energy.
The nation's secure as well as predictable laws as well as its initiatives to advance the implementation of the European Green Pact as well as the EU's REPower package are helping to attract investor interest.
Iberdrola prepares to spend an added EUR3bn in wind and solar energy in Portugal over the coming years.
At the end of 2022, building and construction was completed on the Alcochete solar facility (46MW) in the Setúbal area (Lisbon area), where Iberdrola has actually additionally completed 2 other PV facilities: Conde (13.5 MW) as well as Algeruz II (27MW).
In early 2023, construction will start on the 37MW Montechoro I and also II projects in Paderne (Albufeira) as well as the 64MW Carregado project in Alenquer (Lisbon), while the Estoi solar plant (83MW) in the Algarve, which likewise includes battery storage space, will certainly begin stream in 2024.
All these plants relate to Portugal's capacity auctions kept in 2019 and also 2020, when Iberdrola was granted 8 PV projects amounting to 270MW in total amount.
Jan 31, 2023 // Plants, Portugal, Iberdrola, Europe, PV Power Plant
Iberdrola wins 4 French agrovoltaic projects
Iberdrola has actually been awarded 4 agrovoltaic projects with a total capacity of 12MW in the renewable resource development tender introduced by the French Ministry for the Energy Transition.
The 4 photovoltaic projects submitted by Iberdrola won their bid as well as acquired the maximum capacity of 3MW.
Among the projects, named Kirch, is focused on improving pet welfare and the fields utilized to feed the cattle where the panels lie.
The project's solar structures are put at a minimum height of 1.5 metres, allowing cows to find shelter under the solar panels.
The other three projects, referred to as Maubec, Lapenche as well as Solomiac, aim to improve agricultural land.
The tender problems include contracts for distinction, with the cost per MWh being established for two decades above the marketplace value in order to compensate for the prioritisation of looking after farming and livestock farming, instead of maximising the plant's manufacturing.
Jan 27, 2023 // Plants, France, Iberdrola, Europe
Iberdrola and Solvay sign solar plant offer
Iberdrola and Solvay will certainly collaborate on a new solar project to offer Solvay's French plants in Tavaux as well as Saint Fons with green power.
Under the arrangement, 172 hectares of land will be used to build a ground-mounted photovoltaic facility. The companies intend to authorize a 20-year business power acquisition contract to sell the power to Solvay.
The solar facility, constructed and also run by Iberdrola Renouvelables France, will certainly occupy 77 hectares and comprise around 100,000 photovoltaic or pv components. The staying location will be dedicated to conservation measures to ensure that the project is totally incorporated right into its environment.
The land that Solvay has dedicated for this project consists of 2 refurbished clearing up ponds from its previous soda ash plant situated in the Herbitzheim-Willerwald-Sarralbe municipalities on both Bas-Rhin as well as Moselle divisions, in the Grand Est area of France.
The plant will create virtually 75GWh each year, making this facility one of the biggest such installations in Europe. A total amount of 60% of the green power created will certainly be destined for Solvay's industrial sites.
The plant is anticipated to enter into operation by the end of 2025.
" We are delighted to partner with Iberdrola on this clean power project that will significantly minimize the energy impact of our Specialty Polymers and also Aroma businesses in France," claimed Ilham Kadri, CEO of Solvay.
" It's one more important action in our Solvay One Planet roadmap as we continue to elevate bench and also accelerate progress towards our supreme goal of attaining carbon neutrality."
Chairman and also Chief Executive Officer of Iberdrola Ignacio Galán included: "Structure cross-sector partnerships to provide new clean energy projects continues to be a vital column of Iberdrola's worldwide technique, based upon electrification via renewables, networks as well as storage space.
" Businesses are taking a leading role in the power transition and this significant new solar project will deliver considerable environmental and financial benefits. We anticipate collaborating with Solvay and to grow our partnership further in the years ahead."
Sep 23, 2022 // Plants, Large-Scale, Commercial, Iberdrola, PV Power Plant, Solvay
BP and Iberdrola Launch Major Green Hydrogen Initiative
Plc and Iberdrola SA have launched a 25-MW green hydrogen project at BP's Castellon refinery in Spain. The 50/50 joint venture, recently announced after securing
Sep 13, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Iberdrola, green hydrogen, bp
Iberdrola to make takeover bid for Infigen Energy in Australia
also solar tasks.
The requisition of Infigen Energy will certainly strengthen Iberdrola in the Australian energy market, where it currently owns almost 1GW of
Jun 19, 2020 // Markets & Finance News, Iberdrola, Australia, Oceania, Ignacio Galán, Infigen Energy
Iberdrola raises €1bn via oversubscribed green hybrid bond sale today
Iberdrola has completed a €1 billion green hybrid bond issuance that drew heavy investor interest, with proceeds earmarked to refinance a hybrid instrument maturing in early 2026 and to support the group’s ongoing investment program. The deal underscores persistent appetite for high-quality, transition-aligned credit even as rates remain elevated and capital markets stay selective.
Hybrid bonds sit between debt and equity in a utility’s capital stack: they count toward equity credit for ratings purposes while offering investors a pickup over senior debt. For Iberdrola, the instrument diversifies funding, supports metrics, and keeps weighted average cost of capital competitive as the company channels capex into regulated networks, renewables and flexibility assets.
Demand strength reflects a few pillars. First, predictable, inflation-linked earnings from U.S. and U.K. networks provide ballast. Second, the company’s global renewables pipeline—onshore/offshore wind, utility-scale solar, and co-located storage—continues to convert development into operating cash flow. Third, disciplined asset rotation has recycled capital from mature projects into higher-return growth areas without over-levering the balance sheet.
Green labeling ties the proceeds to eligible categories under Iberdrola’s framework, typically including grid modernization (smart meters, digital substations, interconnections), renewable generation and storage. Investors expect transparent allocation and impact reporting—emissions avoided, renewable capacity added, and grid-loss reductions—over the bond’s life.
Market context matters, too. Utilities with scale, geographic diversity, and credible transition roadmaps have retained strong market access. By terming out hybrid capital now, Iberdrola reduces refinancing risk ahead of the 2026 maturity and preserves flexibility to pounce on supply-chain slots for long-lead equipment—transformers, switchgear, HV components—that still dictate build schedules.
Risks remain: permitting timelines, interconnection queues, and input costs can pressure delivery. But with funding secured and portfolio optionality across regions, Iberdrola appears positioned to keep investing through cycles while maintaining credit discipline.
The takeaway: this is classic balance-sheet housekeeping done at scale—locking attractive hybrid funding to back the pipes-and-wires plus green-build strategy that has defined Iberdrola’s past decade.
Oct 30, 2025 // Markets & Finance News, Iberdrola, energy transition, Green bonds, project finance, hybrid debt
Iberdrola to offer 49% in 1,265-MW Spanish portfolio to Norges Bank
causing NBIM needing to spend around EUR 600 million to take the 49% stake.
Iberdrola will certainly by selling interests in several project vehicles holding the
Jan 17, 2023 // Markets & Finance News, Spain, Iberdrola, Europe, Norges Bank
Renewables profits increase at Iberdrola
Iberdrola reported a rise in productivity of greater than 8% in 2020 in its renewables service.
The Spanish utility taped EBITDA of EUR2.6 bn thanks to payments from appointed projects.
These included onshore wind farms in the United States as well as Spain (+608.4 MW as well as +244.1 MW, specifically) and the progressive commissioning of photovoltaic or pv solar capacity in Spain (332.3 MW).
Likewise increasing revenues were the East Anglia 1 overseas wind farm in the United Kingdom (+533.1 MW), in addition to the capacity purchases in France as well as Australia in the worldwide segment (+350.7 MW).
The contribution to gross margin from the renewables company enhanced by 9.1%, driven by a 18.3% boost in manufacturing.
This was thanks to the contribution from offshore as well as the greater consolidated tons element (23.2% vs 21.2% in 2019), as well as despite the reduced ordinary price.
In general, incomes for the division stood at EUR4160.8 m for 2020, an 8.5% boost on the previous year's.
Iberdrola chairman Ignacio Galan stated: "Our annual report is sustaining financial recovery, with record financial investments of greater than EUR9.2 bn as well as EUR14bn granted to over 22,000 providers, the biggest in our history, to support 400,000 jobs in our markets.
" In this decade, we intend to spend EUR150bn to triple our renewable ability and also double our network possessions."
Feb 24, 2021 // Markets & Finance News, Spain, Iberdrola, Europe, Ignacio Galan, EAST ANGLIA 1
Iberdrola's Successful CHF 335m Green Bond Debut
utility Iberdrola SA has successfully raised CHF 335 million in its first ever green bond sale in Switzerland. The funds will be used for green projects in line
Jun 26, 2024 // Markets & Finance News, Iberdrola
$76M Solar Project: SABIC & Iberdrola's Global Partnership
chemical company SABIC has awarded a $76 million contract to Spanish utility Iberdrola to develop a 100 MW captive solar plant for SABIC's industrial complex in
Jun 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Iberdrola, PV Power Plant, SABIC, La Aljorra
Iberdrola increases financial investments to fend off pandemic effects, increase supply chains
its Q1 2020 efficiency today, Iberdrola kept in mind that multi-billion-euro financial investments in, among various other markets, renewables and also
Apr 29, 2020 // Markets & Finance News, Iberdrola, covid-19









