Energy Digital May 2026 | Page 80

RENEWABLE ENERGY
Iberdrola is now one of the two largest electricity companies globally by market value. The numbers speak to the scale of this transformation.
At the end of the first nine months of 2025, Iberdrola operated 45GW of renewable capacity. The company supplies energy to nearly 100 million people across dozens of countries through subsidiaries including ScottishPower in the UK, Avangrid in the US and Neoenergia in Brazil. Its workforce exceeds 42,200 employees and assets surpass US $ 175bn.
Ignacio’ s strategy Iberdrola’ s Strategic Plan for the next three years will see the Bilbaobased firm allocate US $ 64bn in investments, with a marked pivot towards electricity networks.
The company is also planning to invest US $ 37bn in distribution and transmission infrastructure, primarily in the UK and US.“ The opportunities that the United States offers at the moment are great,” he told Bloomberg TV.
This represents approximately 70 % of the network investment, targeting
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