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Iberdrola boosts electrification in Australia with two new storage projects in New South Wales
The Iberdrola Group is making progress in its drive for electrification in Australia with two new energy storage milestones in the state of New South Wales. The company has been awarded a long-term contract from the state government for the Kingswood battery (100 MW) and has officially opened the Smithfield facility (65 MW), with the…
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Premier Energy closes acquisition of a 158 MW wind park from Iberdrola in Hungary
Premier Energy Group, a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announces the signing of an agreement to acquire 51% and management control of Iberdrola Renovables Magyarország KFT from Iberdrola Renovables Internacional S.A.U. The acquisition of this 158 MW wind parks portfolio marks a significant step in…
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Iberdrola sells its business in Hungary for a total consideration of €171 million
Iberdrola has reached an agreement to sell 100% of the shares of Iberdrola Renovables Magyarország KFT, which owns its business in Hungary, to a consortium formed by Premier Energy – who previously acquired the company’s assets in Romania in 2024 – and to the Hungarian group iG TECH CC. Through this transaction, the Group will receive €171.2…
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Iberdrola strikes a 1,250 GWh PPA in Italy
Iberdrola and Selex Gruppo Commerciale have signed a renewable energy purchase agreement – known as a PPA – for a total of 1,250 GWh. The agreement, signed with the distribution leader SELEX, will provide photovoltaic energy for a volume of 125 GWh per year and a capacity of 77 MW, starting in July 2026. This collaboration represents an…
