Iberdrola leans further towards networks in CMD 2024

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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.

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  • Iberdrola's targets and guidance (CMD 2024 vs CMD 2022)

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    Iberdrola leans further towards networks in CMD 2024

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