Iberdrola to Invest $68 Billion in UK and US

As part of its plan to transform its profile into a more regulated company with a strategic focus on the UK and the US, Iberdrola Group, global energy leader based in Spain, on Wednesday said that it will invest around $68.27 billion until 2028 (+30%) to accelerate growth in its networks in these two countries.

Addressing the Capital Markets Day 2025, the Group’s Executive Chairman Ignacio Galán said that 65% of the investments will be in regulated networks and 85% of these investments will be in A-rated countries with stable, predictable and attractive regulatory frameworks.

Driving growth with more stability, predictability, profitability and security. Gross investments of $68.27 billion until 2028, 65% in UK and US, as against 40% between 2021 and 2024. The UK will be the first investment destination ($23.54 billion) followed by the US ($18.83 billion), Iberia ($10.59 billion), Brazil ($7.06 billion) and other EU & Australia ($5.88 billion), he said.

According to him, the investments in the networks will be $43.55 billion and $29.42 billion will be in distribution, followed by $14.12 billion in transmission. The regulated Networks increase EBITDA contribution to 55% thanks to growth in the UK and the US.

Adjusted Net Profit

He said that adding long-term contracted businesses, 75% of EBITDA by 2028 will not depend on energy prices while the company’s adjusted net profit is expected to be $8.95 billion by 2028, up $2.35 billion. The company will pay dividends close to $23.54 billion between 2025 and 2028.

Iberdrola will add more than 15.000 people to its workforce, make purchases of more than $76.5 billion to thousands of suppliers, supporting 500,000 jobs, and the company’s tax contribution will exceed $47.08 billion, and it will invest $1.88 trillion in R&D&I, while also achieving carbon neutrality by 2030, he added.