Iberdrola holds its management committee in Bilbao to analyse prospects
La eléctrica ha analizado las perspectivas para el resto del año y ha abordado los avances en mercados estratégicos como Reino Unido y EEUU. Leer
Iberdrola has convened its management committee and executive commission in Bilbao to review ongoing projects and business performance. The company has focused on its UK operations, particularly the integration of its Northwest England distribution business, a €5,000 million investment, and new submarine transmission lines worth €15,000 million to be built between 2026-2031.
In the US, Iberdrola reported that investments in transport and distribution networks are progressing well, and has commissioned an offshore wind farm in Massachusetts for €4,000 million. The company expects strong growth in results due to increased investment, growth in Spanish electricity generation, and a positive performance in Brazilian networks. Iberdrola also discussed the acquisition of Finnish distributor Caruna, valued at €5,000 million.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
