Spanish energy giant Iberdrola has announced a sweeping $120 billion investment plan through 2031, signaling a strategic pivot toward regulated electricity networks in the United States and United Kingdom. The move reflects the company’s long-term focus on stable, low-risk infrastructure amid global energy transition efforts.
The investment will primarily target grid modernization, renewable integration, and digitalization of transmission and distribution systems. Iberdrola aims to strengthen its position in regulated markets, which offer predictable returns and are central to decarbonization strategies.
Chairman Ignacio Galán emphasized that the plan aligns with the company’s commitment to energy security, climate goals, and shareholder value. “This investment will accelerate the electrification of economies and support the development of resilient, smart grids,” Galán stated.
The U.S. and U.K. have become key growth markets for Iberdrola, with subsidiaries such as Avangrid and ScottishPower playing leading roles in grid innovation and offshore wind development. The company’s shift underscores a broader industry trend toward infrastructure-heavy portfolios as utilities adapt to evolving regulatory and environmental demands.
Iberdrola’s announcement comes ahead of major climate and energy policy summits, reinforcing its role as a global leader in sustainable power systems.
Source: esgnews.com
