Overview
- Iberdrola held a 125th anniversary ceremony at Bilbao’s 165‑meter Iberdrola Tower on Tuesday with president Ignacio Sánchez Galán and lehendakari Imanol Pradales in attendance.
- Galán said the company has grown without losing its Basque roots and urged regulatory stability and legal certainty to speed the shift to electricity.
- He called for much higher investment in renewable generation, stronger power grids, and energy storage such as batteries and pumped hydro.
- Pradales described Iberdrola as a key player in a new industrial‑technology rebirth for the Basque Country and Europe and pressed for a state framework that rewards grid investment and uses EU financing tools.
- The ceremony underscored a stated mutual commitment between the utility and Basque institutions and produced no new corporate moves or policy decisions.