Iberdrola awards EUR 25 million battery storage order to Ingeteam

Reuters2026/09/08 12:06

By:Reuters

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Iberdrola awarded new orders worth EUR 30 million to Ingeteam, Ormazabal.
Ingeteam secured EUR 25 million for battery energy storage systems tied to renewable plants in Spain.
Ormazabal won nearly EUR 5 million to design, build, supply two mobile substations to support grid operations.
Contracts target grid modernization, resilience upgrades, energy storage expansion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iberdrola SA published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Iberdrola awards EUR 25 million battery storage order to Ingeteam

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