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Fundación Iberdrola Commits €734,000 to Mental Health and Family Aid After Valencia Floods

The agreements launch four psychosocial support lines and targeted family grants this summer with efficacy tracked through 2028

Fundación Iberdrola firma dos convenios con Cruz Roja y Asociación Betania por valor de 734.000 euros
La Fundación Iberdrola España apoya a los afectados por la dana con dos proyectos sociales con Cruz Roja Española y Betania

Overview

  • On July 1 and 2, Fundación Iberdrola signed two conventions allocating €400,000 to Cruz Roja Española for mental health support and €334,000 to Asociación Nuevo Hogar Betania for direct family aid.
  • Cruz Roja’s €400,000 initiative will deliver psychosocial support in four streams covering bereaved individuals, the broader community, relief volunteers and technical staff, and children and youth.
  • The €334,000 'Emergencia 365' project by Nuevo Hogar Betania will distribute targeted grants for essential structural, physical, and social needs in ten affected municipalities.
  • Iberdrola employees’ contributions to the mental health fund are enhanced by a four-to-one company match, boosting the total resources for support.
  • Both programs will kick off this summer and include multi-year monitoring through 2028 with a subsequent call for aid planned for 2026.