• As usual in France, transaction remains subject to the prior completion of the information-consultation processes with the relevant staff representative bodies

• Iberdrola France remains committed to the country, notably through its offshore wind activities, including the Saint Brieuc offshore windfarm

Iberdrola France has reached an agreement to sell its onshore portfolio in the country with the French renewable energy group Technique Solaire.The assets to be sold include 118 megawatts (MW) of operational wind capacity, as well as a pipeline of 639 MW of onshore wind and solar PV. The entire transaction remains subject to the prior completion of the information-consultation processes with the relevant staff representative bodies. Iberdrola France remains committed to the country, notably through its offshore wind activities, including the 496 MW Saint Brieuc offshore windfarm.

About Iberdrola

With a capitalisation of more than 120,000 million euros, Iberdrola is the largest electricity company in Europe and one of the two largest in the world. The Group serves more than 100 million people worldwide and has a workforce of more than 44,000 employees and assets of more than 160,000 million euros. In 2024, Iberdrola recorded revenues of almost 50,000 million euros, a net profit of 5,600 million euros. The company contributes nearly 10,300 million euros in tax contributions in the countries in which it operates and supports more than 500,000 jobs in its suppliers thanks to purchases that exceeded 18,000 million euros in 2024. Since 2001, Iberdrola has invested more than 175,000 million euros in electricity grids, renewable energies, and energy storage to contribute to the creation of an energy model based on electrification.  The company has nearly 1.4 million km of power grids in the United States (New York, Connecticut, Maine and Massachusetts), the United Kingdom (Scotland, England and Wales), Brazil (Bahia, Rio Grande do Norte, Pernambuco, São Paulo and Mato Grosso do Sul, as well as Brasilia) and Spain, as well as 57,000 MW of capacity worldwide of which more than 45,000 MW are renewable.