Iberdrola, leading in employment: hires more than 9,000 people in two years

"We get out of crises by investing and working". These are words that Iberdrola's Chairman, Ignacio Galán, has reiterated on more than one occasion. And the company has proven with facts that this is its leitmotiv. In a period as complex as the last two years, the country's leading energy company has accelerated its commitment to a green recovery of the economy and employment, with the incorporation of more than 9,000 people in the last two years.

If in 2020, the company included 3,500 people, in 2021 this figure has exceeded 5,600 jobs, of which 36% are under 30 years of age. It is also firmly committed to the creation of stable, quality employment. It currently provides four times more hours of training per employee per year than the average European company.
As a result of this investment effort and its growth plans, which will lead it to double its installed renewable capacity by 2025, Iberdrola plans to hire 20,000 by 2025.

Thanks to its value contribution, the company has helped maintain a supply chain that employs 400,000 people globally. By 2025, it will continue along the same path: with 75 billion of investment planned until then, its supply chain will employ 500,000 professionals.
Along with the creation of direct and indirect employment, Iberdrola also makes a significant fiscal contribution in the territories where it operates: in 2020 alone, the group contributed €7.5 billion to the public coffers, of which €3.4 billion corresponds to Spain.

Historic investments for recovery

The company has outlined its ambitious investment plan, in which it plans to allocate 150 billion euros by 2030, -75 billion euros by 2025-, mainly focused on new renewables and grids with which it will triple its renewable capacity to almost 100 GW in 2030 and double the smartest grid assets, maximizing the opportunities of the energy revolution.

This strategy began two decades ago - with an investment of 120 billion euros in renewables and smart grids - demonstrating how its model is profitable for all its stakeholders. And so, in the last twenty years, Iberdrola has gone from being a local utility to becoming a global energy leader, which has quadrupled its renewable capacity, quadrupled its net profit, quintupled its market capitalization and tripled its shareholder remuneration. All of this has been accompanied by a profound process of geographic diversification and strengthening of the balance sheet. In fact, it generates more than 31.1 billion euros of GDP annually in the countries in which it operates.