Iberdrola announces $58 billion in investments until 2028

These are the main points that the Basque electric company has communicated to the Comisión Nacional del Mercado de Valores (CNMV) on Wednesday, ahead of the presentation it will make today to investors in London during the ‘Capital Markets Day’. The line of growth is directed towards investments in renewable energy projects and networks, as well as digitalization and advanced technologies. A significant portion of the $58 billion will be dedicated to the UK and US markets, focusing on expanding and modernizing their electrical grids. This substantial investment underscores Iberdrola’s commitment to sustainability and innovation in the energy sector. The company’s efforts align with global goals to promote clean energy solutions and a more efficient electrical infrastructure. By targeting the US and UK markets, Iberdrola aims to bolster its presence in key regions and contribute to the transition to a greener energy landscape. The company’s strategy highlights a long-term vision for growth and development, emphasizing sustainable practices and cutting-edge technologies. Iberdrola’s announcement reflects a strategic shift towards investing in renewable energy and modernizing electrical networks on a global scale.