Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Iberdrola to invest €58B by 2028 in UK and U.S. grid upgrades for EVs, data centers, and heating.

flag Iberdrola plans to invest €58 billion by 2028, with the largest share going to the UK and the U.S., to upgrade electricity grids amid rising demand from electric vehicles, data centers, and home heating. flag The company is shifting focus from renewable generation to regulated infrastructure, aiming to strengthen transmission and distribution networks in stable markets. flag Investments will support grid modernization, create over 15,000 jobs, and boost long-term returns, with dividends expected to cover 65% to 75% of earnings. flag The UK will receive 35% of funds, the U.S. 30%, and the company aims to grow grid assets to €70 billion by 2028.

15 Articles