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Iberdrola announces massive investments in the energy transition in the coming years
Official Press Release Iberdrola:
Iberdrola to invest record €47bn in the energy transition in 2023-2025; increases 2025 EBITDA and Net Profit outlook
Growth based on investments in electricity networks and a selective approach to renewables / Improving earnings quality and protecting balance sheet strength through geographical diversification and a prudent financial model
Highlights: Record investment plan of €47bn to 2025, driven by organic investments in all markets and PNM Resources transaction Strong financial ratios during the plan are comfortably within thresholds for current ratings, thanks to a model based on fixed-rate financing, long-term maturity profiles, active liquidity management and optimization of green financing, with no capital increases expected and supported by asset rotation. €27bn (57%) of investment in... ... More: Official Press Release Iberdrola
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- Iberdrola, investment, energy transition, outlook, forecast, renewable energy, earnings, model, balance sheet