Iberdrola has given the UK a big boost ahead of next week’s International Investment Summit in London by announcing plans to double its investment to £24bn over the next five years.
Executive Chairman Ignacio Galán said, “After having invested more than £30bn in the last 15 years, the clear policy direction, stable regulatory frameworks and overall attractiveness of the UK are leading us to double our investments for 2024-28.
“This is a vote of confidence in the UK’s clear and stable policies and is a major boost to the economy and the path towards green energy security and Net Zero. The benefits of electrification in terms of energy security, industrial development, jobs and decarbonisation are shared ambitions of the UK and Iberdrola.”
... to continue reading you must be subscribed
