Fundz
Funding, M&A and exec moves matched to your market, from $49/mo billed annually, or $79/mo quarterly. See plans and pricing.See plans →

Iberdrola awards €30 million in contracts to Ingeteam and Ormazabal for BESS systems and mobile substations.

Sep 13, 2026•about 10 hours ago

Contract Type

contract

AvangridEnergyRenewable Energy

Description

Iberdrola has awarded contracts totaling nearly €30 million to Ingeteam and Ormazabal for battery energy storage systems and mobile substations. Ingeteam receives €25 million for BESS installations linked to renewable energy projects, while Ormazabal secures €5 million for supplying mobile substations to enhance grid capacity.

Company Information

Company

Iberdrola

Location

Avangrid

About

With more than 170 years of history, Iberdrola is a global leader in clean energy, networks and storage, a company today more solid, sustainable and diversified than ever. Iberdrola has been betting on clean energy for more than twenty years, as a fundamental pillar to build its clean, reliable and intelligent business model.

Predictive Intelligence
Strategic

ML-powered predictions for Iberdrola's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Iberdrola signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.