CategoryScottish Power

After completion of the merger agreements between Gamesa and Siemens, filed today with the Comisión Nacional del Mercado de Valores (CNMV), Spain’s stock exchange commission, Iberdrola will hold 8.1% of the shares of the Basque company.
Source:: Iberdrola signs shareholder agreement with Siemens and will hold 8.1% in the new Gamesa resulting from the merger with Siemens Wind Power

Iberdrola has informed the Comisión Nacional del Mercado de Valores (CNMV), Spain’s stock exchange commission, of the sale of wind energy assets in Italy, grouped in the companies SER S.P.A. -100%- and SER 1 S.P.A. -4%- (with the remaining 96% belonging to the former).
Source:: Iberdrola announces sale of wind assets in Italy for €193.7 million

Iberdrola presented a book in the lower house of the Spanish Parliament, titled ‘Protectorado español en Marruecos. Repertorio biográfico y emocional, at an event attended by the President of the Congress of Deputies, Patxi López; the Secretary-General of the Association of Former MPs and Former Senators, Fernando Sanz; Member of the Board of Directors of the Association of Former MPs and Former...

The Chairman of Iberdrola, Ignacio Galán, and the Director of the Royal Spanish Academy (RAE) and Vice-President of Fundación pro-RAE, Darío Villanueva, entered into a collaboration agreement today in Madrid to build the new digital base of the next edition – the 24th – of the Dictionary of the Spanish Language. Source:: Fundación pro-RAE and Iberdrola enter into agreement to build...

Iberdrola has launched the 2016 edition of its Call for Applications for Social Grants, which seeks to contribute towards social development, well-being and quality of life in the territories where the company carries out its operations.
Source:: Iberdrola launches call for applications for Social Grants in support of vulnerable groups

The consortium headed by Ferrovial Agroman, which includes the participation of Portuguese company MSF, was selected by Iberdrola to build the Daivões dam and hydroelectric power plant on the River Tâmega in Northern Portugal. The contract involves the investment of over €90 million and the deadline for completion is 56 and a half months. Source:: This is the first of the four contracts that the...

Iberdrola, ARHOE-the National Committee for Rational Planning of Spanish Timetables, Adecco and the Fundación Alares have signed a manifesto announcing their commitment and support for the implementation of measures to enable a healthy work-life balance for workers in their organisations. Source:: Iberdrola signs manifesto with Arhoe, Adecco and Fundación Alares to support a healthy work-life...

Iberdrola recorded a net profit of €868.7 million in the first quarter of 2016, a 3.3% increase on the same period of the previous year.
Source:: Iberdrola obtains first quarter net profit of €869 million (+3.3%)

Iberdrola has entered into an agreement with Gamesa to install the Energy Thrust technical upgrade at 54 wind farms with an aggregate capacity of over 1,600 MW. This will increase efficiency at the facilities and enhance production ratios.
Source:: Iberdrola to install technical upgrade by Gamesa to increase wind turbine output at 54 wind farms

Iberdrola is the leading sponsor of the 3rd Race against cancer organised by the Spanish Association Against Cancer (AECC) in Madrid and scheduled to take place on Sunday next, 17 April. This initiative is part of the collaboration signed by the two institutions in 2015, with a view to working together on organising and publicising information and awareness campaigns and thereby increasing the...