13 May 2019

INFORMATIVE NOTE

The  project,  with  an  installed  capacity  of  23  MW,  strengthens  Iberdrola’scommitment  to  renewables  in  the  region,  where  it  already  operates  320MW

Iberdrola begins construction on the El Pradillo wind farm in Zaragoza

It will generate enough clean energy to power 10,500 households per year and prevent emissions of 17,300 tonnes of CO2 every year

It forms part of the 700 renewable MW that Iberdrola is building in Spain and the 3,000 MW planned for 2022

Zaragoza. Iberdrola has begun construction on the El Pradillo wind complex in Zaragoza, with an installed capacity of 23 megawatts (MW). The project, developed in conjunction with Caja Rural de Navarra , represents an investment of 26 million euros and is expected to enter into service at the end of this year.

Located between the municipalities of Frescano, Borja and Agón in Zaragoza province, the wind farm comprises six 3.4-MW Siemens Gamesa G132 wind turbines and one 2.1-MW SG114 turbine.

The production generated by El Pradillo will provide clean energy to the equivalent of 10,500 homes/year and prevent the emission of 17,300 tonnes of CO2 a year.

More investment to lead the energy transition in Spain

With El Pradillo, Iberdrola is strengthening its commitment to renewables in Aragon, where it operates more than 320 MW of wind and hydroelectric electricity production.

Iberdrola is the biggest producer of wind energy in Spain, with installed power of 5,770 megawatts, while its total installed renewable capacity, including both wind and hydroelectric, is 15,790 MW.

13 May 2019

INFORMATIVE NOTE

Iberdrola’s commitment is to lead the transition toward a fully decarbonised economy by promoting renewable energies and accelerating investment in Spain, where it intends to spend 8 billion euros between 2018 and 2022.

Iberdrola is currently building new renewable projects (solar and wind) with a capacity of 700 megawatts (MW) and it has 2,500 MW under development and a portfolio in excess of 7,000 MW. It intends to implement 3,000 renewable MW in the country by 2022, a 52% increase on its current wind and solar capacity.

Globally, Iberdrola's installed renewable capacity is over 29,000 MW, which makes its generation fleet one of the cleanest in the energy sector.

About Iberdrola Iberdrola is a global energy leader, the number one producer of wind power, and one of the world’s biggest electricity utilities by market capitalisation. The group is present in numerous countries and supplies energy to over 100 million people mainly in Spain, the United Kingdom (Scottish Power), the USA (AVANGRID), Brazil (Neoenergia) and Mexico. With a workforce of 34,000 and assets in excess of €113bn, it achieved a turnover of €35bn and a net profit of €3bn in 2018.

Iberdrola is leading the transition towards a sustainable energy model through investments in renewable energy, smart grids, large-scale energy storage and digital transformation, offering the most advanced products and services to its customers. Thanks to its commitment to clean energy, Iberdrola is one of the companies with the lowest emissions and an international benchmark for its contribution to the fight against climate change and for sustainability.