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Finance

Iberdrola posts €1.05 billion net income in Q1, up 3%, thanks to US, Brazil and other international business areas

27.04.2022

Ignacio Galán, Chairman of Iberdrola: “The current crisis demonstrates the need to accelerate the energy transition to achieve energy self-sufficiency in Europe and decarbonize our economy. To achieve this, solutions based on the European framework and a continuous dialogue between market players and administrations are needed” .

Milestones

Iberdrola receives planning approval for Baltic Eagle

25.04.2022

The Federal Maritime and Hydrographic Agency (BSH) grants approval for the Baltic Eagle offshore wind farm Upon completion, Baltic Eagle will have an installed capacity of 476 MW and will supply over 50% of private households in Mecklenburg-Western Pomerania with sustainable energy.

Finance

Record investments of €9.94 billion boost Iberdrola’s net profit to €3.88 billion, up 8% on 2020

23.02.2022

Ignacio Galán, Chairman of Iberdrola: “The acceleration of investments has helped us to continue to deliver strong growth at a higher rate than expected. These results reflect the success of a sustainable model and encourage us to continue working towards the decarbonisation of the energy system.”

Finance Milestones

Iberdrola develops Windanker, its third offshore wind farm in the Baltic Sea, with €800 million planned investment

05.11.2021

Iberdrola remains committed to the deployment of renewables in international markets. Its third offshore wind project in the Baltic Sea, Windanker, will have 300 MW installed capacity and €800 million total investment.

Cooperation Regional

Iberdrola signs land lease agreement for Baltic Eagle operations building

30.08.2021

Iberdrola Renovables and Fährhafen Sassnitz GmbH signed a lease agreement for the area for the construction of the operation and maintenance building for the offshore wind farm “Baltic Eagle” during a ceremony attended by Minister President Manuela Schwesig.

Milestones

Iberdrola receives planning approval for Baltic Eagle

25.04.2022

Finance Milestones

Iberdrola develops Windanker, its third offshore wind farm in the Baltic Sea, with €800 million planned investment

05.11.2021

Milestones Supplies

Iberdrola awards installation of Baltic Eagle foundations and inter-array cables to Van Oord

23.07.2021

Iberdrola and van Oord, a company specializing in dredging, sign a contract for the transport and installation of fifty foundations for the Baltic Eagle offshore wind farm, as well as for the supply, transport and installation of the cabling inside the park.

Milestones Supplies

Iberdrola awards fabrication of Baltic Eagle foundations to EEW SPC and Windar

13.07.2021

The last central orders for the manufacture and delivery of components for the Baltic Eagle wind farm were awarded to the Rostock-based company EEW SPC and the Spanish company Windar. EEW SPC will supply monopiles for the turbine foundations, Windar the associated number of connectors.