Iberdrola announces investment plan of Euro 75 billion

Iberdrola plans to invest Euro 75 billion towards energy transition by 2025. About Euro 7 billion will be allocated to renewables and over Euro 4.5 billion to networks. Almost half of the investment, amounting to about Euro 34 billion, will be directed to the US and the UK. The company plans an average investment of Euro 10 billion per year between 2020 and 2022, and Euro 13 billion per year between 2023 and 2025.

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