Iberdrola S.A. is a Spanish multinational electric utility company headquartered in Bilbao, Spain. It is one of the world's leading energy companies, particularly in the field of renewable energy.(Wikipedia)
🏢 Company Overview
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Full Name: Iberdrola, S.A.
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Founded: 1992
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Headquarters: Bilbao, Spain
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Chairman & CEO: Ignacio Galán
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Employees: Approximately 41,000 (as of 2023)
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Stock Listing: IBEX 35 (Ticker: IBE)
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Official Website: iberdrola.com (Wikipedia)
🌍 Global Presence
Iberdrola operates in over 30 countries, serving more than 30 million customers worldwide. Its major markets include Spain, the United Kingdom, the United States, Brazil, and Mexico. The company owns several subsidiaries, such as ScottishPower (UK), Avangrid (USA), and Neoenergia (Brazil). (Wikipedia)
⚡ Business Segments
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Renewable Energy: Iberdrola is a global leader in renewable energy, with a significant focus on wind (both onshore and offshore), solar, hydroelectric, and emerging technologies like green hydrogen. As of the end of 2024, the company had over 44,478 MW of renewable capacity installed worldwide. (Wikipedia, Iberdrola)
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Networks: The company invests heavily in smart grids and electricity distribution networks, particularly in the US and UK. In 2024, Iberdrola acquired 88% of Electricity North West (ENW) in the UK for €5 billion, enhancing its position as a leading network operator. (Wikipedia)
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Retail & Generation: Iberdrola supplies electricity and gas to residential and business customers, with a focus on clean energy solutions.
📈 Financial Highlights (2024)
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Net Profit: €5.61 billion, a 17% increase from 2023.
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EBITDA: €16.85 billion, up 17% year-on-year.
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Revenue: €44.74 billion, a 9.3% decrease due to lower global electricity production.
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Investments: €17 billion, with 70% allocated to the US and UK, focusing on networks and renewables.
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Dividend: Proposed final dividend of €0.404 per share, contributing to a total dividend of €0.635 per share for 2024, a 15% increase. (Nasdaq, energynews, Enerdata)
🌱 Sustainability and Innovation
Iberdrola has been at the forefront of the energy transition, investing over €3 billion in R&D over the past decade and planning to invest an additional €4 billion by 2030. In 2024 alone, the company invested €402 million in innovation, focusing on areas like decarbonization, smart grids, and electrification. (El País)
🔮 Outlook for 2025 and Beyond
Iberdrola expects mid-to-high single-digit net profit growth in 2025, driven by continued investments in networks and selective renewable projects. The company plans to invest €41 billion between 2024 and 2026, with significant allocations to the US, UK, and Iberian Peninsula. (Reuters, energynews)