Overview

• The company ranks as the second-largest stock on Spain’s Ibex index, trailing only Inditex, with a market value repeatedly topping €110 billion.
• Pedro Azagra, a key architect of Iberdrola’s U.S. push, has been elevated to global chief executive, succeeding Armando Martínez.
• Iberdrola’s U.S. platform grew from the 2006 Energy East purchase and the 2015 UIL merger that created Avangrid, which the group fully acquired late last year and subsequently delisted.
• Chair Ignacio Sánchez Galán highlighted the strength of the U.S. business during the recent strategic plan presentation, underscoring continued focus on scale in regulated networks and renewables.
• Since Galán’s arrival, the share price has risen from under €4 to consistently above €16, the company cites a 14x total return with dividend reinvestment, and targets from analysts cluster around €18–€19 per share alongside a stated dividend floor of €0.64 through 2028.