Overview
- Iberdrola reported a H1 net profit of €4,336.4 million, a 21.7% rise driven by a €953.3 million net capital gain from selling its Mexico business to Cox.
- Revenue climbed to €22,469.1 million and EBITDA reached €8,050 million, a 7.4% increase from the prior year.
- Organic investment rose 25% to €7.0 billion, with more than 70% directed to the UK, the United States and Brazil, and net financial debt increased by €3.79 billion to €53.97 billion.
- Spending on networks jumped 42% to about €4.4 billion, making up roughly two thirds of capex as network assets grew ~11%, while generation capex topped €2.2 billion with over 1,600 MW installed and a pipeline expanded toward 15,500 MW for 2025–2030.
- Management reaffirmed 2026 guidance, confirmed continued asset rotation and partnerships, raised total shareholder remuneration to €0.685 gross per share, and signalled that higher regulated‑asset and renewables spending aims to support electrification and predictable cash flows.