Iberdrola reactivates its investments in Spain with a record 1.2 billion.
Spain's largest electricity company takes a significant turn: it resolves the historical saturation of the grid in Spain, unlocks businesses such as data centers, and offers peace to the Government.
Iberdrola, Spain's largest electric company, plans to invest €1.2 billion in 2027 to improve and expand its power distribution network in Spain. The investment aims to address the country's historic grid saturation, which has hindered the connection of new consumers, including data centers and industries. Iberdrola manages 270,000 kilometers of power lines in Spain through its subsidiary i-DE, serving over 11 million supply points across 10 autonomous communities and 25 provinces.
The move is expected to have a significant impact on the electric sector, forcing other companies to reassess their plans and potentially leading to improved relations with regulatory authorities.
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.
