Key Developments: Iberdrola SA (IBE.MC)

IBE.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

Gamesa Corporacion Tecnologica SA, Iberdrola Renovables sign US wind contract
Thursday, 16 Jul 2015 

Gamesa Corporacion Tecnologica SA:Says its US unit and Iberdrola Renovables have signed a contract to supply 208 megawatts of wind capacity in the United States.Will supply, install and put into operation 104 wind turbines at a wind farm in the US state of North Carolina.Expects to deliver the wind turbines in the second quarter of 2016 and put them into operation in the fourth quarter of 2016.  Full Article

Iberdrola SA approves capital increase of 722 million euros
Wednesday, 1 Jul 2015 

Iberdrola SA:Approves first capital increase of up to 722 million euros.Assumes a minimum purchase price of 0.113 euro gross per right.To issue up to 115,555,555 new shares.The number of free allotment rights required to receive one share amounts to 54.Maximum nominal value of capital increase amounts to 86,666,666.25 euros.Acquisition price for each free allotment right is set to 0.114 euro.  Full Article

Grupo Kuo SAB de CV in joint venture with Repsol signs energy cogeneration deal with Iberdrola
Monday, 4 May 2015 

Grupo Kuo SAB de CV:Signs via its joint venture Dynasol (50 pct owned by Repsol Quimica SA) power cogeneration deal with Iberdrola.Joint venture to construct a power cogeneration plant with capacity of 56 megawatt energy and 38 tones of water vapor simultaneously to produce synthetic rubber.  Full Article

Iberdrola awards Elecnor with contracts in US and UK worth 20 mln euros
Tuesday, 14 Apr 2015 

Elecnor SA:Says Iberdrola awards Elecnor with two contracts in United States and United Kingdom worth 20 million euros.In UK contract is with Scottishpower, unit of Iberdrola, worth 6.6 million euros.United States line construction contract is worth 13.2 million euros.  Full Article

Iberdrola to propose FY 2014 dividend
Tuesday, 17 Feb 2015 

Iberdrola SA:To propose dividend for 2014 of 0.03 euro gross per share.  Full Article

Iberdrola SA issues 600 mln euros in bonds via subsidiary
Wednesday, 14 Jan 2015 

Iberdrola SA:Issues 600 mln euros in bonds via its subsidiary Iberdrola International B.V.Annual coupon of 1.125 pct.Price set to 99.393 pct of nominal value.Maturity on Jan. 27, 2023.  Full Article

Iberdrola SA hires JPMorgan for asset sale to fund U.S. buy-Reuters
Monday, 6 Oct 2014 

Iberdrola SA:Spanish power firm Iberdrola has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said-Reuters.  Full Article

Iberdrola to partially subscribe to Gamesa capital hike-Reuters
Monday, 8 Sep 2014 

Iberdrola SA:Iberdrola said it plans to partially subscribe to capital hike by Gamesa-Reuters.Gamesa said it had agreed to issue some 25.4 million new shares, or equivalent of 9.99 percent of group's capital, in accelerated book-building process.Iberdrola currently holds 19.617 percent of Gamesa's shares.  Full Article

Iberdrola Ingenieria and Elecnor Deimos to undertake project SUMO in partnership with ESA
Thursday, 4 Sep 2014 

Iberdrola SA:Iberdrola Ingenieria and Elecnor Deimos by way of their respective UK subsidiaries, have launched project SUMO (Support of Maritime Operations in Offshore Windfarms), initiative aimed at creating system for offshore wind farm management.Initiative to be undertaken with support of UK's Technology Strategy Board (TSB) and European Space Agency (ESA).SUMO system is expected to address entire offshore wind farm development process as it will be possible to use system while facilities are being constructed as well as in their subsequent operation and maintenance.Project to integrate diagnostic and ocean weather forecasting tools, using products and services developed within aerospace industry.These applications include use of high-resolution satellite imagery and methods for geo-locating people and objects.In addition, Iberdrola Ingenieria is to develop new ocean weather forecasting module comprising tools for high-resolution, numerical atmosphere, ocean and wave simulation.  Full Article

Iberdrola to build 69 MW dersalloch wind farm in Scotland
Wednesday, 20 Aug 2014 

Iberdrola SA:Iberdrola, through its UK subsidiary ScottishPower Renewables, has received consent from Scottish Government for 23 wind turbines at Dersalloch Hill in South Ayrshire, with nominal capacity of up to 69 MW.Wind farm site is located to the east of Staiton, in Scotland.  Full Article

Spain's Iberdrola posts 6 pct rise in 9-month core profit

MADRID, Oct 21 Spanish utility Iberdrola posted on Wednesday a 5.8 percent rise in nine-month core profit, slightly beating analysts' forecast, as growth in its international business more than offset a fall in its home market.

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