Iberdrola

The gross operating result reported (Ebitda) amounted to 16,592.4 million euros, 1.5% lower than the previous year. Excluding the surplus-value for the sale of smart counters in the United Kingdom and the recognition of business in Mexico in 2024 and the costs incurred in the United States, the adjusted Ebitda in 2025 reached 15,684.4 million euros, 3.1% higher than in 2024, thanks to good activity in the network business.

A summary, in two words, of what will be news in the Present today.

The electric company has specified that the suspension promised by the U.S. Government only affects projects under construction, and that most of the Vineyard Wind Park, which is already producing energy off the coast of Massachusetts, is in operation.

The Executive has made this decision because of "the national security risks identified by the Department of War." "The main duty of the United States Government is to protect Americans," they argue.

In the first nine months of the year, investment has increased by 4%, to 8,964 million euros, of which more than 60% have been made in the United Kingdom and the United States, 55% of which have been earmarked for the network business. Iberdrola will propose a "record" dividend of at least 0.25 euros per share, 8.2% more than in the first nine months of 2024. 

According to Iberdrola, this procedure recognizes the general interest of the project and will speed up the procedures necessary for the implementation of the wind farm. After obtaining prior administrative authorizations, the Aixeindar company has already applied to the Oyón City Council for a construction licence. 

The energy company has improved its adjusted net profit by 20% and increased its recurring Ebitda by 5%, thanks to the growth of the U.S. Network business and cost recognition.