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Iberdrola has launched an investment plan worth €75 billion euros for the period 2020-2025. 90% of this investment volume - €68 billion - will be organic and will be aimed at consolidating its business model, based on more renewable energy, more networks, more storage and more intelligent solutions for its customers.
 
The rest, €7 billion euros, corresponds to the recently announced acquisition of American company PNM Resources. This rate of expenditure will represent an average investment of €10 billion per year between 2020 and 2022, and €13 billion per year in the period 2023-2025.
 
The group expects to obtain a gross operating profit (EBITDA) of €15 billion by 2025, which means an increase of €5 billion from 2019, with average annual growth of 7%. Net profit would amount to €5 billion, after growing annually by between 6% and 7% during the period.
 
Iberdrola's investment plan for the 2020-2025 period will be mainly aimed at renewables - representing more than half (51%) of organic investments, some €34.68 billion - and networks, which will account for 40%, approximately €27.2 billion. The customer area will receive 9%
 
Investments amounting to €14.35 billion will be allocated to Spain, representing a 60% increase over the previous plan and 21% of the group's total. In this market, more than €7 billion will go to renewables and more than €4.5 billion to networks. The United States and the United Kingdom, for their part, account for €34 billion investment, 50% of the total.
 
Investments in renewables will enable Iberdrola to reach 60GW installed capacity in 2025, after hitting 44GW in 2022. This will mean doubling current capacity.
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