Energy

Iberdrola is Investing Billions in UK and U.S. Infrastructure

Iberdrola plans to invest as much as $68 billion over the next three years, with two-thirds of the investments in the UK and U.S. transmission and distribution networks, the Spanish utility giant said on Wednesday.  Iberdrola, one of Europe’s top utilities, plans $68 billion (58 billion euros) in total investments until 2028, mostly to accelerate growth in its networks business in the U.S. and the UK, the company’s executives said at its Capital Markets Day.  The investment plan transforms Iberdrola’s profile into a…

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