Major UK offshore wind farm to power Amazon

Iberdrola and Amazon have announced a power purchase agreement for 159 MW of capacity from the East Anglia THREE offshore wind farm in the UK

Iberdrola launches offer to acquire 18.4% of US subsidiary Avangrid

Iberdrola, holding approximately 81.6% of Avangrid, plans to invest $2.48 billion to acquire the additional stake

Iberdrola sells 55% of Mexican business for $6.2bn

Iberdrola has finalised the sale of a majority stake in its Mexican business for $6.2 billion, while retaining its renewables and commercial operations in the country

Iberdrola’s profit grows

Iberdrola has made an investment of €11.38 billion, resulting in a 10.7% increase in net profit to €4.8 billion

UK at risk of falling behind in green jobs

New research shows that the UK’s energy transition may be compromised due to insufficient green skills training across the private sector

Iberdrola secures €300m green loan for emerging market renewables

The loan will fund renewable projects in emerging markets, including Morocco, Poland and Vietnam

Iberdrola cancels $8.3bn PNM deal over regulatory hurdles

The energy giant has canceled its planned $8.3 billion acquisition of US power utility PNM Resources

Iberdrola and Masdar unite in €15bn global green energy pact at COP28

Partners will co-invest in offshore wind and green hydrogen projects, beginning with the East Anglia Three offshore wind project in the UK

UK Prime Minister unveils £29.5bn investment boost to drive growth

The funding is expected to support sectors like tech, life sciences, renewables, housing and infrastructure

ScottishPower owner ‘eyes £3.5bn acquisition of Electricity North West’

Energy giant Iberdrola is reportedly in pole position to acquire control of the major power network operator