Iberdrola reports record 2024 profit, eyes continued growth with major U.S., UK investments.

Iberdrola reported a record net profit of €5.612 billion in 2024, a 17% increase, driven by a €17 billion investment, with €12 billion focused on the US and UK. The company added 6,000 jobs and reduced CO2 emissions to five times less than the European industry average. For 2025, Iberdrola expects mid- to high-single digit growth in net profit, emphasizing grid investments and selective renewable projects.