Iberdrola unveils plans to spend €58B through 2028, two-thirds in power grids

22 hours ago 2
Electricity transmission towers with red glowing wires

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Iberdrola (OTCPK:IBDSF) (OTCPK:IBDRY) said Wednesday it plans to spend €58 billion (~$68 billion) through 2028, mainly in its U.K. and U.S. power networks, as the Spanish utility seeks higher growth from its grid business than in power plants in the coming

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