Iberdrola

Iberdrola is a global leader in renewable energy, with a strong commitment to sustainability and innovation. For more than twenty years, the company has focused on clean energy and aims to reach 100,000 MW of renewable energy capacity for future development. Iberdrola’s strategic plan for 2024-2026 includes a total investment of €41 billion, with €21.5 billion allocated to networks and €15.5 billion to renewables. The company will also invest €385 million per year in R&D until 2026. In 2023, Iberdrola had an installed capacity of 62,871 MW, 34.71 million supply points, and avoided 26.7 million tonnes of CO2 emissions. The company employed 42,276 people in the same year. Iberdrola is a pioneer in green hydrogen development and a world benchmark in smart grids and onshore wind energy. The company promotes efficient energy storage and is committed to photovoltaic solar energy, with offshore wind power being key to its future growth. Iberdrola has a significant presence in Spain, the United Kingdom, the United States, Brazil, Mexico, and other international markets, with corporate headquarters located in Bilbao, Spain. The company runs the ‘Electricity for all’ program to provide electricity to vulnerable groups and supports various cultural projects, including partnerships with the Guggenheim Museum Bilbao, the Prado Museum, the Thyssen-Bornemisza Museum, and the Sorolla Museum. Iberdrola also has a collection of specialized publications on energy law and engineering, a Global Smart Grids Innovation Hub, and an Innovation Middle East center in Qatar.