Global response for leading the green transformation

Iberdrola foresaw the energy transition two decades ago. A commitment in which it has invested over €120 billion in the fight against climate change. The company’s global leadership in renewable energies has transformed it into the most effective response where driving the total decarbonisation of the economy is concerned. A transformation that will speed up the green recovery and establish the foundations of a more competitive, sustainable and resilient economy.

The energy provider that is ahead of its time

Iberdrola has been a pioneer in the green energy movement and its diversified model places it among the world’s largest energy providers and its number one producer of wind power. Its renewable energies volume stood at 35 GW in 2020, thereby making its total installed generating capacity one of the cleanest of the energy sector. Furthermore, the company continued to bolster the foundations for its future growth, increasing its project portfolio by 25 GW to 74.4 GW. In 2020, the value of its regulated assets rose to €31.1 billion and will keep growing with the integration of its latest acquisitions in the USA and Brazil. Growth will also be driven by the increase of its customer base: smart solutions already contributed 4 % of net profit in 2020.

La energética que adelanta el futuro

Reactivation of a greener economy

The Paris Agreement showed the way and Iberdrola took up the challenge by immediately tripling its investments in order to boost the energy transition. In 2020, the company invested a record €9,246 billion as part of its commitment to a green economy for a rapid and sustainable recovery. Now the time has come for it to redouble its efforts. Its €75 billion investment plan will see Iberdrola double its renewable capacity by 2025, and move forward both in the modernisation and digitalisation of its networks and in the creation of large-scale storage. By 2030, investments of €150 billion will increase the Group’s installed renewable capacity to 95 GW.

Investments (millions of €)
In 2020, Iberdrola invested a record €9,246 billion as part of its commitment to a green economy for a rapid and sustainable recovery. Reactivation of a greener economy

More than 90 % of its investments in 2020 was channelled into renewables and the roll-out of more smart networks. The Group has 17 GW under construction and its projects’ portfolio stands at over 74.4 GW. Since 2001, the company has replaced CO2 emitting facilities with the latest clean energy technologies in order to lead the energy transition towards a new sustainable energy model. Over the last two decades Iberdrola has shut down all of its coal and oil burning power stations worldwide: there were 15 of these and they totalled almost 9 GW.

Portfolio in 2020 74,400 MW
Installed renewable / coal capacity (MW)
10.000 MW Renewebles
9.000 MW Coal

Bid to head up the offshore wind power sector

Bid to head up the offshore wind power sector
  • Projects in operation 1.3 GW
  • Projects under construction 2.6 GW
  • Portfolio 19 GW

Diversified model
in the world’s main economies

From its unique position, Iberdrola is addressing the global energy revolution by focusing on countries with ambitious climate-based goals (Brazil, USA, Australia and Japan) and backing this up with solid commitments to reduce emissions in the medium- and long-term, which shall involve the start-up of new renewable capacity supported by smarter grids and energy storage systems.

In 2020, the company completed ten corporate operations, thereby strengthening its position in traditional markets and creating new growth platforms.

  • Principal markets
  • Growth platforms
USA
Diversified model in the world’s main economies
Emission-free production (%)
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020

Objective: carbon neutrality

In 2020, 75 % of the company’s global production and 63 % of its installed capacity was emission-free. The energy it generates in countries like the UK, Germany, Portugal, France and Greece is now 100 % renewable.

With CO2/kWh emissions of two thirds below the European average, Iberdrola's strategy of investing in clean energy and smart grids will lead to carbon neutrality in Europe by 2030 and by 2050 worldwide.

The Group has launched its ‘Energy to Thrive’ plan, which will implement more than 350 measures to strengthen its ESG approach. One principle that it also encourages among its suppliers: 70 % of its collaborators will meet the Group’s environmental, social and governance objectives by 2022.

Iberdrola has once more raised its sights and is combining the green revolution and innovation, which it sees as key elements of economic recovery: it invested €293 million in R&D&i in 2020 - it is the number one private utility in the European Union in this field; a commitment that will rise to €400 million by 2025.

Reduction in emissions (grCO2/Kwh)
  • 2000
  • 2020 2025 (e) 2030 (e)

Contributing towards the creation of value

The Iberdrola Group’s activity is the driving force behind socio-economic development. In 2020, the company created stable and quality employment for more than 37,000 professionals and placed orders worth €14 billion with its 22,000 suppliers, thereby contributing visibility to a value chain that provides 400,000 jobs worldwide.

Iberdrola workforce
  • Iberdrola workforce 33,772 2017
  • Iberdrola workforce 35,120 2019
  • Iberdrola workforce 37,000 2020
  • Iberdrola workforce 20,000 new hires 2025 (e)
The forecast is for around 20,000 new hires by 2025 and Iberdrola will contribute to the provision of 500,000 jobs in its supplier chain.
Supplier purchases (millions of €)
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
The Group paid €7.5 billion in taxes in the countries where it operates in 2020. It also creates value among its shareholders: the Group’s market capitalisation has grown by 82 % since 2015 and shareholder return grew by 800 % over the last 20 years. The dividend grew 5% to €0.42/share in 2020.
Market capitalisation (millions of €)
  • 2000
  • 2019 2020
Dividend per share (€)
  • 2000
  • 2020 2025 (e)