The economic impact of Iberdrola in the Community of Valencia last year reached 843 million euros, according to information provided by the company. This figure includes 260 million euros invested in the region, salaries paid to employees, tax contributions, and payments to suppliers. An additional 213 million euros were reported in related activities, underscoring the company’s sizable presence in Valencia’s economy.
During the general shareholders’ meeting held this Friday, Iberdrola announced the acquisition of four companies connected to the Gimeno group, including autonomous entities such as Socenergy and Moelpla. The acquisitions bring in firms like Power Electronics, Iberapa, and GD Energy Servicis (GDES), expanding Iberdrola’s regional footprint and capabilities.
Under the leadership of the company’s board, these strategic purchases are described as a catalyst for reviving local industry. Iberdrola’s regional workforce now numbers around 1,500 employees, reflecting its ongoing commitment to job creation in Valencia.
renewable
Looking ahead, Iberdrola’s Valencia projects emphasize renewable energy, with a particular focus on photovoltaic power. The company has secured environmental permits for four regional projects in Villena, Cofrentes, SighCofrentes and Ayora, totaling roughly 500 megawatts. Collaboration with major partners continues, including a strategic agreement to supply green energy to a key manufacturing facility in Sagunto.
The distributor manages extensive grid infrastructure through i-DE, including tens of thousands of kilometers of low, medium, high, and very high voltage lines. Specifically, the system comprises approximately 68,000 km of low and medium voltage lines, more than 3,400 km of high and very high voltage lines, plus 25,000 conversion centers and 177 transformer centers. A bold digitization program has transformed millions of meters of grid infrastructure into smart networks, enabling remote management, control, and automation across the system.
Notably, the Valencia grid hosts more than 44,000 self-consumption installations connected to the regional network, contributing substantial new capacity to the system. Green generation has become a fully integrated element of both low and medium voltage grids, reinforcing Valencia’s role in the transition to cleaner energy.
Mobility
In the mobility arena, Iberdrola leads the charging infrastructure for electric vehicles in Valencia, boasting a robust network of charging points and ongoing collaborations with startups in the sector. A notable project involves an electrification initiative along the Mediterranean freight corridor, featuring a unified charging solution suitable for electric trucks. This represents a landmark step in freight transport electrification for the region.
The first electric charging point in the Mediterranean corridor for heavy transport opened in San Isidro
Iberdrola has also begun rolling out solar community programs, encouraging the installation of photovoltaic systems on rooftops and in shared spaces. In Valencia, a solar community at a local school is already operational, with partnerships connecting residential communities and local cooperatives to advance rooftop solar adoption across the area.
Additionally, Iberdrola reinforces its social impact through regional initiatives. The company has supported Valencia’s social programs aimed at reducing poverty, addressing inequality, and expanding employment and education opportunities for vulnerable groups. Beneficiary organizations include programs dedicated to children with cancer, regional solidarity alliances, and other charitable initiatives across the province.
To promote shareholder engagement, a service point at a major hotel was established to facilitate voting and participation in corporate events. This center operates with extended hours to accommodate interested shareholders within the established period.