I

Iberdrola Group

Invests in energy sector startups

Engineer: Substation

Full-TimeUpdated on 10/23/2026Deadline 11/30/26
$87.6k - $107.5k
Junior
Bachelor's
Rochester, NY, USA+1 moreMore locations: Binghamton, NY, USA
In PersonOffice-based in Binghamton (Kirkwood) or Rochester, New York.
Electrical EngineeringPower Systems Engineering
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • A bachelor's degree in an engineering discipline, specifically BSEE, from an ABET- or equivalent-accredited university or college is required.
  • At least 2 years of relevant engineering experience is required, including electric substation maintenance and field engineering work.
  • Demonstrated substation maintenance and testing experience is required.
  • A Professional Engineer license in the applicable state is required.
  • Knowledge of engineering planning, operations, design, analytics, modeling, calculations, and the business model is required.
  • Practical experience applying engineering planning, operations, design, and construction, including field experience, standardization, and developing and defending business cases to stakeholders, is required.
  • Ability to document and interpret engineering documentation and review and approve engineering work performed by others is required.
  • Knowledge of applicable local, state, and federal regulatory standards and requirements, including NERC, NPCC, ISO, and PUC, is required.
Responsibilities
  • Plan and coordinate larger-scale engineering projects, including scheduling, cost tracking, and coordination support for company departments and customers.
  • Perform moderately complex engineering analyses to determine equipment ratings, insulation coordination, grounding, and lightning-protection requirements.
  • Provide technical expertise to substation maintenance technicians and electric field operations substation maintenance personnel to support safe and reliable energy service delivery.
  • Help plan design and construction standards, determine installation and operating requirements, evaluate new products and vendors, and provide equipment application and maintenance recommendations.
  • Perform additional activities as requested, including maintenance program development, maintenance specifications, equipment assessment, technical support, maintenance practice development, and equipment specifications for substation equipment such as power transformers, circuit breakers, instrument transformers, disconnect switches, and regulators.
  • Provide preliminary designs and estimates to support capital budget plans and System Planning studies.

About the company

PERSEO is Iberdrola's corporate venture capital program. It invests in startups developing technologies and business models in the energy sector to support Iberdrola's goals of decarbonization, electrification, and digitalization. The program uses a fund of over €200 million and has invested in more than 20 startups, plus a venture builder unit that creates new companies from scratch. Investments are complemented by access to Iberdrola's expertise, resources, and global network, helping portfolio companies scale. PERSEO differentiates itself by aligning venture investments with Iberdrola's strategic aims, offering strategic support and scale opportunities alongside purely financial backing, and by combining an active venture investment approach with in-house company creation. Its goal is to accelerate the development of innovative solutions in renewables, energy storage, smart grids, electric mobility, and energy efficiency that advance Iberdrola's transition objectives.

Company Size

10,001+

Company Stage

IPO

Headquarters

Madrid, Spain

Founded

2008

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Simplify's Take

What believers are saying

  • H1 2026 net profit rose 22% to €4.34 billion on network investment.
  • Iberdrola added 100,000 Spanish customers through Contigo Energía, strengthening retail scale.
  • The EIB-backed green financing and 2026 capacity mechanism support near-term project execution.

What critics are saying

  • Vineyard Wind’s GE dispute keeps Iberdrola exposed to U.S. offshore construction and contract friction.
  • Spain’s 7.09% renewable return and Brazil’s tariff resets squeeze project economics.
  • The Neoenergia buyout concentrates capital in Brazil, increasing regulatory and FX exposure.

What makes Iberdrola Group unique

  • Iberdrola’s 2028 plan targets €37 billion for grids and €58 billion total.
  • It operates 1.29 million kilometers of lines and 38.2 million supply points.
  • Neoenergia gives Iberdrola Brazil scale across distribution, transmission, and customer service.

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Benefits

  • Paid Vacation
  • 401(k) Company Match
  • Health Insurance
  • Dental Insurance
  • Life Insurance

Company News

Europe Says
Oct 4th, 2026
Iberdrola invests $10.7M in EV charger maker Wallbox to boost profitability push

Wallbox has raised €9.5 million in a financing round led by Iberdrola through its subsidiary Inversiones Financieras Perseo. Madrid-based Orilla Asset Management, linked to Francisco Riberas' family, participated alongside Wallbox CEO Enric Asunción and existing investors. The New York Stock Exchange-listed company will use the funds to strengthen its financial position and expand its global presence in electric vehicle charging. Wallbox recorded losses exceeding €100 million in 2023. CEO Enric Asunción said the investment reinforces the company's mission to make EV charging more accessible whilst driving operational efficiency. Iberdrola's David Mesonero stated the round will strengthen Wallbox's liquidity to execute its business plan. The investment comes amid slower-than-expected electric vehicle growth, though efforts are increasing across Europe to boost charging infrastructure.

Levante-EMV
Sep 28th, 2026
Iberdrola acquires Contigo Energía, adding 100,000 electricity customers in Spain

Iberdrola has agreed to acquire the electricity retail business of Contigo Energía from Gesternova Group, adding 100,000 power customers in Spain. This marks the first acquisition of a retail electricity supplier by Iberdrola in its home market. The transaction, subject to customary closing conditions, forms part of Iberdrola's growth strategy in Spain's retail segment. The company views commercialisation as a key lever to accelerate electrification of homes and businesses. Contigo Energía will continue operating independently within the Iberdrola Group, similar to its subsidiary Niba, launched in June 2025 as a fully digital energy retailer. The deal covers only the electricity retail business and customer portfolio. Iberdrola leads Spain's market with nearly 9.8 million supply points, ahead of Endesa with over 9 million and Naturgy with almost 4.4 million.

Europe Says
Jul 24th, 2026
Project Finance Brief: Iberdrola Receives $160 Million for Wind and Solar Projects - Spain

Iberdrola, a Spanish multinational electric utility, received a €150 million (~$160 million) green loan agreement from the European Investment Bank to develop

PR Newswire
Jun 29th, 2026
Iberdrola picks ICEYE's SAR satellites to protect grid from extreme weather

Iberdrola has selected ICEYE to strengthen its electricity grid against extreme weather events using synthetic aperture radar satellite technology and near real-time data. The solution will help anticipate risks including floods, fires and strong winds, assess damage quickly and minimise impact on electricity supply. The initiative won a New-Tech Challenge within Iberdrola's PERSEO innovation programme, receiving over 40 proposals from ten countries. The 12-month pilot will launch in Spain, with ICEYE's Flood Solutions Suite providing forecasting, rapid impact assessment and flood insights. The deployment also includes wind damage assessment solutions for Iberdrola's assets in the United States and Australia. ICEYE's SAR technology can capture high-resolution imagery through smoke and storm clouds, enabling continuous monitoring in all weather conditions day or night.

World-Energy
Apr 2nd, 2026
Iberdrola Signs a Loan of 150 Million Euros With the Eib for Solar and Wind Energy in Italy - World-Energy

The loan will be used to build 400 MW of a portfolio of wind and photovoltaic projects in various locations in Italy. These will be Iberdrola’s first renewable plants in ItalyThe projects will make a significant contribution to Italy’s security of ene