Iberdrola S.A. Sponsored ADR (IBDRY)
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Britain's competition watchdog probes Iberdrola merger with NWEN
Britain's Competition and Markets Authority said on Wednesday it was weighing whether a merger of Spain's Iberdrola and NWEN Ltd could reduce competition in the energy sector, and make it tougher for market regulators to keep track of pricing.
Nuclear is necessary, hydrogen's momentum has ebbed, Iberdrola's Galan says
Nuclear energy in Europe is essential "for keeping the lights on" while hydrogen's momentum "has already diminished", the executive chairman of Europe's largest utility Iberdrola said at the World Economic Forum annual meeting in Davos on Thursday.
IBDRY or WEC: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Iberdrola S.A. (IBDRY) and WEC Energy Group (WEC).
Iberdrola: Combining Value And Growth
Iberdrola's updated 2024 net profit projection of €5.5 billion and strong CAPEX plan support continued EPS growth and share price uplift. Hedging policies and a solid balance sheet provide downside protection. Despite higher investments, leverage targets are maintained, and Iberdrola benefits from potential lower taxes and minority buyouts in 2025.
Japan's Kansai Electric buys into Iberdrola's 1.3 bln euro offshore wind project in Germany
Japan's Kansai Electric Power Co has agreed to take a 49% stake in Iberdrola's Windanker offshore wind project in Germany, the company said on Friday, expanding a partnership with the Spanish renewable energy giant.
Exclusive: Iberdrola plans UK smart meter unit sale, sources say
Spanish utility Iberdrola is planning to sell its smart metering business in the UK and has lined up advisers, according to three sources with knowledge of the situation.
Iberdrola Taps ABL for MWS Services on German Offshore Wind Project
IBDRY's Windanker wind farm offshore Germany is expected to have a total capacity of 315 megawatts (MW), comprising 21 turbines, each with a capacity of 15 MW.
IBDRY or WEC: Which Is the Better Value Stock Right Now?
Investors with an interest in Utility - Electric Power stocks have likely encountered both Iberdrola S.A. (IBDRY) and WEC Energy Group (WEC).
Iberdrola S.A. (IBDSF) Q3 2024 Earnings Call Transcript
Iberdrola S.A. (OTCPK:IBDSF) Q3 2024 Earnings Call Transcript October 23, 2024 3:30 AM ET Company Participants Ignacio Arambarri - Director, IR Ignacio Galan - Executive Chairman Pepe Sainz - CFO Armando Martinez Martinez - CEO Ignacio Arambarri Good morning, ladies and gentlemen.
Iberdrola profits buoyed by Scottish Power as UK focus intensifies
Scottish Power owner and global energy giant Iberdrola said its UK arm played a significant part in profits rising by more than 50% in the first nine months of this year Iberdrola recently announced it was doubling its investment in UK projects to £24 billion after Energy Secretary Ed Miliband overturned objections to renewables developments in Lincolnshire, Suffolk and Cambridgeshire. Nine-month net profit at Iberdrola, which has assets in the US, Spain, Brazil and Mexico as well as the UK, to €5.47 billion from €3.64 billion even though revenues dropped 11% with a big one-off gain in Mexico helping the numbers.
Iberdrola's profit jumps 50% on record investments
Europe's largest utility Iberdrola posted on Wednesday a 50% increase in net profit for the first nine months of the year on the back of record investments, mostly in the United States and Britain, and the sale of some assets.
'Grid is crucial' and the U.S., UK are pushing us to invest more, Iberdrola chairman says
Ignacio Galán, the chairman of Iberdrola, emphasises the importance of investment in the grid in an exclusive interview with CNBC's Charlotte Reed.
