For the company, grids are not only essential to ensure the integration of new renewable energy capacity into the electricity system, but will also enable the implementation of new distributed solutions and services.

85% of the organic investments in this area are practically assured, as they are made in projects with prices already closed or with advanced negotiations and known conditions. Around 20% of transmision projects investments will go to the United Kingdom, the United States and Brazil.

Investments in this area will enable Iberdrola to reach a regulated asset base of €56 billion in 2025, a 44% growth compared to the €39 billion estimated in 2022.

Growth in renewables is focused on secured, high-quality projects with the best risk/return ratio. Of this amount, 46% will be focused on offshore wind projects in France, Germany, the United Kingdom and the United States. In the rest of the technologies, onshore wind will account for 25% of the investment, photovoltaic 24%, hydro 2% and batteries 3%.

Thanks to these investments, Iberdrola will increase its installed renewable capacity by 12,100 MW to 52,000 MW in 2025 - 3,100 MW of onshore wind, 6,300 MW of photovoltaic, 1,800 MW of offshore, 700 MW of batteries and 200 MW of hydro - compared to the 40,000 MW planned for 2022. The group has already secured 50% of the new capacity and around 95% of the contracted production.

Iberdrola continues to advance in its commitment to energy self-sufficiency and its role as an active agent in the fight against climate change. As part of the Strategic Plan, the company aims to make its growth in renewables and grids compatible with the goal of becoming carbon neutral by 2030 in areas 1 and 2 and reaching zero in all 3 areas before 2040. Iberdrola will also have a net positive impact on biodiversity by 2030, with the planting of 20 million trees.

Thanks to the €47 billion in investments, the company will make around 12,000 new hires by 2025, supporting more than 500,000 jobs by 2030 across its value chain. In addition, it has committed to increase the presence of women in relevant positions to 35% by 2030 and to 43% on the Board of Directors.

This plan will enable the company to fulfil its commitment to increase shareholder remuneration in line with the evolution of results and to allocate between 65% and 75% of profits to dividends, reaching a dividend of between 0.55 and 0.58 euros per share in 2025.