Insight
Iberdrola leans further towards networks in CMD 2024
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In a well-received presentation, Iberdrola stuck fast to its strategic pillars, with a clear focus on stability and predictability within its business. However, the emphasis, and capital allocation, notably shifted (once again). Iberdrola has leaned further towards networks, whilst renewables is handed a smaller share of the investment pie. This growing strategic focus on networks, including a large US component, means the company is further differentiating itself from many of its European peers.
Table of contents
- Executive summary
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What’s changed?
- Focus on increased visibility and predictability
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How does this impact Iberdrola’s outlook?
- Growth in networks through a de-risked plan
- Renewables investment pared-back
- Asset rotation and partnerships are a key part of the funding plan
Tables and charts
This report includes the following images and tables:
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Iberdrola's targets and guidance (CMD 2024 vs CMD 2022)
What's included
This report contains:
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