Search results for: Ibedrola

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  • 18 March 2016
    Wind Farm Update

    The Navantia-Windar joint venture has erected the first block for the first of five spar-type floating foundations for Statoil’s Hywind Scotland project.  The block weighs approximately 70t, and has a diameter of 14.4m. Five blocks with maximum weight of 800t will be assembled and moved onto the slipways for assembly of 90m long spar units and […]

  • 3 May 2017
    Operations & Maintenance, Wind Farm Update

    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.

  • 28 September 2016
    Operations & Maintenance, Vessels, Wind Farm Update

    Danish shipping company World Marine Offshore has been contracted by Iberdrola Renovables Offshore Deutschland to provide crew transfer vessels (CTVs) during O&M for the 350MW Wikinger offshore wind farm in Germany. Iberdola Renovables Offshore Deutschland GmbH is developing Wikinger in the German Baltic Sea. The wind farm is located in water depths around 30-40m and […]

  • 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 […]

  • 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.

  • 25 June 2012
    Business & Finance

    IBERDROLA is one of the Spanish industrial groups that has best managed the effects of the current economic crisis. This reflects a strategy initiated just over a decade ago focused on international growth, with 54% of Ebitda originating outside Spain in the first quarter of this year, and also on core businesses of generation, networks […]

  • 10 May 2012
    Business & Finance

    IBERDROLA’s first quarter net earnings rose 0.7% to €1,022 million with Ebitda up 4.1% at €2,365 million, driven by international growth and despite a decline in Spain where recent regulatory decisions have had a negative effect. Revenues rose 10% to €9,331 million, while gross margin was up 4.1%. Net operating income (Ebit) rose 1.3% higher […]

  • 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 […]

  • 26 February 2020
    Wind Farm Update

    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 […]

  • 24 February 2016
    Business & Finance

    Spanish energy giant Iberdrola recorded a net profit of EUR 2.42 billion in 2015, 4.1% more than the previous year, attributed largely to the company’s thriving renewables division. The company’s EBITDA rose to EUR 7.3bn, a 4.9% increase on 2014. The Renewables division marked a 18.6% jump in EBITDA year-on-year, which stood at EUR 1.58bn, and was driven […]

  • 30 April 2014
    Business & Finance

    IBERDROLA net earnings rose 8.4% in the first quarter to 952.6 million, while recurring net profit excluding extraordinaries was 4.6% lower at €848 million. Ebitda was 0.3% lower at €2,126.5 million. First quarter results reflect solid operating performance across the businesses, although affected by a €260 million impact on gross margin from regulatory decisions in […]

  • 26 October 2016
    Business & Finance, Grid Connection, Operations & Maintenance

    Spanish energy company Iberdrola’s  renewables division recorded a gross operating profit (EBITDA) of EUR 1.14 billion in the first nine months of 2016, down 3.3% compared to the first nine months of 2015, due to the poorer performance and the exchange rate effect in the United Kingdom. The company’s renewables division is currently building 1,064 new megawatts […]

  • 23 February 2017
    Business & Finance

    Even though Iberdrola’s overall gross operating profit (EBITDA) improved by 5.5% in 2016 compared to the year before, the company yesterday reported an 8.9% decrease in its renewables business EBITDA, driven by weaker performance in the UK due to foreign exchange and lower wind resource throughout the year.

  • 23 February 2017
    Business & Finance

    Iberdrola is increasing its net investments by EUR 1 billion, from EUR 24 billion planned at the beginning of 2016 to EUR 25 billion, with 42% of the amount earmarked for renewable energy projects, with most of them located in the United States.

  • 6 June 2013
    Business & Finance

    IBERDROLA has allocated some €25,000 million to developing economically sustainable renewable energies in the last decade. This is the highest figure ever invested by a company in this field. With over 200 wind farms in Spain and 330 elsewhere in the world, these investments mean that the company now has a renewable installed capacity of […]

  • 6 August 2018
    Grid Connection, Ports & Logistics, Vessels, Wind Farm Update

    The Andalucía II offshore substation topside built for the 714MW East Anglia One offshore wind farm left Navantia’s Puerto Real shipyard in the Spanish province of Cádiz on Saturday, 4 August, Iberdrola said.

  • 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, […]

  • 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 EUR 10 billion. This will lead to some 4.5 GW of new capacity currently under construction to be commissioned this year.

  • 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

  • 28 September 2011
    Business & Finance

      In a meeting held today, the Board of Directors of IBERDROLA approved the change in the company’s registered office address in Bilbao to the Iberdrola Tower building, Plaza Euskadi nº 5. The move requires that article 4.1 of the company’s Articles of Association be amended. The move to the new corporate headquarters started a […]

  • 7 August 2013
    Training & Education

    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 […]

  • 30 October 2019
    Business & Finance

    Spanish energy company Iberdrola’s offshore wind farms generated 1,493 GWh of electricity in the first nine months of 2019, a 37.9% increase compared to the same period last year. The increase is due to the 350MW Wikinger offshore wind farm’s contribution over the full nine-month period this year and the partial commissioning of the 714MW East Anglia ONE […]

  • 20 June 2012

    Spanish energy company Iberdrola is considering finding a partner for the development of the 1.6 billion euro wind farm in Germany. The Financial Times Deutschland cited Jonathan Cole: “We are looking at various financing options. It is quite possible that we will do the project with a partner.” This follows an announcement from the last […]

  • 3 July 2012
    Training & Education

    The Prince and Princess of Asturias have hosted in Madrid the award ceremony of the Fundacion IBERDROLA scholarships for students and young researchers, granted every year through different programmes. The event was also attended by the Minister of Industry, Tourism and Trade, Jose Manuel Soria, the Chairman of IBERDROLA, Ignacio Galan, and the Chairman of the Fundacion IBERDROLA, Manuel […]

  • 28 April 2016
    Business & Finance

    Renewables brought EUR 441.6 million net operating profit (EBITDA) to the Spanish utility Iberdrola in the first quarter of 2016, a 3.1% jump compared to the same period a year earlier, as the company’s renewables business reached 14,812 MW of installed capacity by the end of the first quarter.  Overall, the company’s EBITDA stood at EUR 2 billion in the first three months, […]

  • 19 August 2015
    Wind Farm Update

    First of the total 82 A-frames for Wikinger offshore wind farm foundations is ready for the next step in the fabrication process, Bladt Industries reported via social media. The company will deliver 41 four-legged jacket foundations for Iberdrola’s wind farm in the German part of the Baltic Sea. The jacket foundations will be installed in water depths of […]