PERSEO, Iberdrola’s Startup Challenge

Through PERSEO, Iberdrola can provide startups, particularly in Spain, the United Kingdom and the United States, with its investor support and expertise, its base of 30 million supply points and its more than 52 GW of installed capacity. In this way, it contributes to developing and boosting an innovative corporate fabric in the energy sector. The program focuses on technologies and business models that improve the sustainability of the energy model through increased electrification and the decarbonisation of the economy.

The project total budget is 70 million euros.


  • Early identification of key trends for the future of the company.
  • Access to groundbreaking technologies and business models.
  • Fostering a culture of innovation and entrepreneurial activity.

The most recent initiative was Protecting marine mammals, which was launched in April to find technologies to monitor marine mammals and to thus preserve animal life in the area of the Vineyard Wind offshore wind farm.