Search results for: Iberdrola

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  • 13 June 2012

    IBERDROLA has announced it is commencing the detailed engineering phase of Wikinger, the company’s first offshore windfarm in Germany, with a view at starting operations on the €1.6billon project by 2016. UK based engineers, project managers and technicians from IBERDROLA’s Offshore Business Division, based in Glasgow and London will have a crucial role in the […]

  • 30 April 2020
    Business & Finance

    The offshore wind farms developed and owned by Spain-based Iberdrola have produced 1,119 gigawatt-hours (GWh) during the first quarter of 2020. Iberdrola’s total installed offshore wind capacity stood at 1,174 MW on 31 March. In the United Kingdom, the company’s offshore wind farms generated 680 GWh, up 203.4% compared to the same period last year, […]

  • 18 February 2015
    Business & Finance

    Iberdrola saw an increase in EBITDA of 3.1 per cent to EUR 6,964.5 million in 2014 while its net profit dipped 9.5 per cent to EUR 2,326.5 million. Underperformance comes as a result of Spanish government’s cut to renewable-power subsidies, the company said. However, Iberdrola’s CEO, Ignacio Galan, feels optimistic for the upcoming year. “We […]

  • 8 December 2014
    Project & Tenders

    Iberdrola will build the combined cycle power plant in Salem, Massachusetts, that will incorporate GE’s technology.

  • 18 February 2015
    Business & Finance

    Iberdrola saw an increase in EBITDA of 3.1 per cent to EUR 6,964.5 million in 2014 while its net profit dipped 9.5 per cent to EUR 2,326.5 million. Underperformance comes as a result of Spanish government’s cut to renewable-power subsidies, the company said. However, Iberdrola’s CEO, Ignacio Galan, feels optimistic for the upcoming year. “We […]

  • 9 March 2011

    The Board of IBERDROLA has today made the proposal to the subsidiary, which will analyze it over the next few days. Attractive conditions proposed for transaction structure and pricing: * 16.7% premium over average share price of past 6 months (€2.978 per share) * 2.7% premium over exchange equation at time of original share launch […]

  • 1 June 2011
    Project & Tenders

      IBERDROLA has signed a contract with BP whereby the Spanish company will supply 0.5 bcm (billion cubic metres) of liquefied natural gas (LNG) in Spain starting 2012. The 10-year agreement, which envisages annual deliveries to BP amounting to six LNG cargoes at Spanish regasification terminals, enables IBERDROLA to further expand its gas supply options […]

  • 9 May 2011
    Business & Finance

    IBERDROLA has always endeavoured to lead the way in innovation, spearheading the development of environment-friendly generation… (iberdrola) [mappress] Source: iberdrola, May 09, 2011

  • 9 March 2011

    The Board of IBERDROLA has today made the proposal to the subsidiary, which will analyze it over the next few days. Attractive conditions proposed for transaction structure and pricing: * 16.7% premium over average share price of past 6 months (€2.978 per share) * 2.7% premium over exchange equation at time of original share launch […]

  • 19 April 2017
    Operations & Maintenance, Storage

    Spanish energy company Iberdrola has awarded Offshore Marine Management (OMM) with a contract to provide topside and subsea Operations and Maintenance (O&M) services for the 350MW Wikinger offshore wind farm.

  • 9 May 2011
    Business & Finance

    IBERDROLA has always endeavoured to lead the way in innovation, spearheading the development of environment-friendly generation… (iberdrola) [mappress] Source: iberdrola, May 09, 2011

  • 25 July 2018
    Business & Finance

    Spain’s Iberdrola reported a 25.5% increase in the gross operating profit (EBITDA) in its Renewables business unit in the first half of 2018, driven by increased production and the contribution of the Wikinger offshore wind farm in the German Baltic Sea.

  • 7 August 2013
    Human Capital

    The Iberdrola USA Foundation, in conjunction with Fundacion Iberdrola of Spain and Scottish Power have announced this year’s Iberdrola Scholarship Program for Energy and Environment Postgraduate Studies in the U.S. recipients. The following students will receive more than $300,000 in total for graduate studies in Maine or New York for the 2013/2014 academic year. University […]

  • 26 February 2020

    The East Anglia ONE wind farm project has complied with all the Operational Conditions Precedent (OCPs) to begin receiving payments under the Contracts for Difference scheme in the United Kingdom, Iberdrola said. The added capacity at East Anglia ONE has increased Iberdrola’s installed offshore wind capacity by 77.1% year-on-year, from 544MW at the end of […]

  • 3 May 2017
    Operations & Maintenance

    Colchester-based offshore services provider CWind has reached the halfway point on a 15-month project to provide a wide range of secondary works at Iberdrola’s 350MW Wikinger offshore wind farm in the German Baltic Sea.

  • 5 February 2020
    Business & Finance

    Siemens AG is acquiring all Iberdrola’s shares in Siemens Gamesa Renewable Energy (SGRE).

  • 2 April 2020
    Business & Finance

    Iberdrola will put its investments in 2020 on a fast track with an aim to surpass last year’s investment record and reach € 10 billion. This will lead to some 4.5 GW of new capacity currently under construction to be commissioned this year.

  • 9 March 2020
    Business & Finance

    Spanish energy company Iberdrola has concluded an agreement to take 100% ownership of Ailes Marines, the developer of the 496MW Saint-Brieuc offshore wind farm in France. Iberdrola, which previously owned 70% of the consortium’s capital, has acquired the remaining 30% from Avel Vor (RES and Caisse des Dépôts), after receiving the green light from the […]

  • 19 December 2014
    Business & Finance

    IBERDROLA and Navantia have entered into an agreement valued at €160 million, under the terms of which the shipbuilding firm will be completing work for the Wikinger offshore wind farm in Germany at its facilities in Puerto Real (Cádiz) and Fene (A Coruña). The contract is one of the largest awarded to date by IBERDROLA […]

  • 26 February 2020

    The East Anglia ONE wind farm project has complied with all the Operational Conditions Precedent (OCPs) to begin receiving payments under the Contracts for Difference scheme in the United Kingdom, Iberdrola said. The added capacity at East Anglia ONE has increased Iberdrola’s installed offshore wind capacity by 77.1% year-on-year, from 544MW at the end of […]

  • 14 October 2011
    Business & Finance

    IBERDROLA today placed a €600 million issue of 4-year eurobonds maturing in January 2016, thereby reopening the Spanish market for private debt as conditions improve following the summer volatility. The operation, placed among 300 investors from 15 countries, was well oversubscribed with demand totalling more than €4.5 billion. Of the total takeup, 85% was from […]

  • 6 October 2016
    Business & Finance, Storage

    Spanish energy company Iberdrola has awarded the compatriot Navantia with a EUR 65 million contract to construct an offshore substation for the 714MW East Anglia ONE offshore wind farm in the UK’s North Sea.   Under the terms of the contract, Navantia’s shipyard in Puerto Real ”will be responsible for the construction of the various elements […]