Source link : https://www.mondialnews.com/2025/09/25/iberdrola-unveils-ambitious-e58-billion-investment-plan-to-accelerate-network-growth-in-the-us-and-uk-through-2028/
Spanish energy giant Iberdrola has announced a major boost to its investment plans, committing €58 billion through 2028-up 30% from previous projections-to accelerate the expansion and modernization of its electricity networks in the United States and the United Kingdom. The increased capital injection underscores Iberdrola’s strategic focus on strengthening infrastructure, supporting the transition to cleaner energy, and capturing growth opportunities in key international markets amid evolving regulatory and technological landscapes.
Iberdrola Unveils Massive €58 Billion Investment Plan to Boost US and UK Networks
Iberdrola is set to significantly ramp up its investment efforts, committing a staggering €58 billion through 2028 to expand and modernize its electricity networks across the United States and the United Kingdom. This ambitious plan marks a 30% increase compared to previous budgets, underscoring the company’s confidence in the sustained growth potential of these key markets. The funding is focused on accelerating infrastructure upgrades, enhancing grid resilience, and integrating cutting-edge technologies to support the ongoing energy transition towards greener, smarter, and more reliable power systems.
Key objectives driving this investment include:
- Deployment of smart grid technologies to improve efficiency and reduce outages
- Expansion of renewable integration capacity to support increased clean energy generation
- Strengthening cross-border network…
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Author : Atticus Reed
Publish date : 2025-09-25 06:38:00
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