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Iberdrola SA (IBE.MC)

IBE.MC on Madrid SE C.A.T.S.

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23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Iberdrola wins construction and operation of plant in Mexico
Wednesday, 22 Mar 2017 06:27am EDT 

Iberdrola SA : Says has been awarded the construction and operation of a 766 MW combined-cycle plant in the state of Sinaloa, Mexico .The new plant will start operating in 2020 and will require an investment of about $400 million.  Full Article

Iberdrola wins rights to develop offshore wind farm of up to 1,486 MW in US
Tuesday, 21 Mar 2017 11:31am EDT 

Iberdrola SA : Says that through Avangrid it has been awarded, in the auction, the rights to develop and build an offshore wind farm of up to 1,486 MW in the area known as Kitty Hawk, 24 nautical miles off the coast of North Carolina, in United States .Iberdrola will have a period of one year to present the first evaluation of the wind potential of the area to Bureau of Ocean Energy Management (BOEM) for approval, after which it will have 54 months to present the engineering project for the construction and operation of the farm.  Full Article

Iberdrola issues bonds for 1 bln euros at 99.360 percent issue price
Tuesday, 28 Feb 2017 12:44pm EST 

Iberdrola SA :Prices 1 billion euros ($1.06 billion) in bonds due 2025 with 1 percent annual interest and 99.360 percent issue price.  Full Article

Spain's Iberdrola sees annual net profit growth of 7.5 pct to 2020
Wednesday, 22 Feb 2017 04:53am EST 

Spain's Iberdrola : Says sees net profit annual average growth of 7.5 percent until 2020 . Says sees Ebitda annual average growth of 6 percent until 2020 . Says sees dividend of 0.37- 0.40 euros ($0.39-$0.42) per share in 2020 Further company coverage: [nL8N1G71UJ] ($1 = 0.9517 euros) (Madrid Newsroom) ((madrid.newsroom@thomsonreuters.com; +34 91 585 21 51;)).  Full Article

Iberdrola to propose share buyback program of up to 0.48 pct of capital
Tuesday, 21 Feb 2017 11:42am EST 

Iberdrola SA :To propose share buyback program of up to 0.48 percent of its capital, worth up to 217.2 million euros ($229.1 million) and covering as much as 31 million shares.  Full Article

Gamesa wins two new contracts with Iberdrola to supply 134 wind turbines in Mexico
Friday, 20 Jan 2017 01:12am EST 

Gamesa SA :Wins two new contracts with Iberdrola through its mexican unit Gesa Eolica Mexico SA for the supply of 134 wind turbines for a total of 325.5 MW in Mexico.  Full Article

Iberdrola awards Ferrovial with deal for hydroelectric plant in Portugal for 80 million euros
Tuesday, 10 Jan 2017 06:21am EST 

Iberdrola SA :Awards Ferrovial with deal to build Gouvaes hydroelectric plant in Portugal for 80 million euros ($84.70 million).  Full Article

Iberdrola closes 750 mln euro bonds issue, runs repurchase for four other issues
Thursday, 24 Nov 2016 12:32pm EST 

Iberdrola SA : Says closes bonds issue for 750 million euros ($792 million) due 2024 at 1 percent annual coupon and 99.177 percent nominal issue price .Runs a partial repurchase offer for four bond issues maturing in 2017 and 2018.  Full Article

Spain's Iberdrola says not expecting changes in UK regulated returns
Wednesday, 26 Oct 2016 04:32am EDT 

Spain's Iberdrola : Owner of Scottish Power says does not see any changes to regulated returns in the United Kingdom after Britain's vote to leave the European Union . Says expects financial debt costs to keep falling in the coming years, sees improvement in 2017 . Says debt at the end of 2016 will be around 29 billion euros ($31.66 billion) . Says investment plans to 2020 could be increased, will give more details in 2017 investor day Further company coverage: [IBE.MC] ($1 = 0.9159 euros) (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

Spain's Iberdrola says increases net profit targets for 2016
Wednesday, 26 Oct 2016 03:13am EDT 

Spain's Iberdrola : Says in presentation to investors that nine-month earnings allow it to reaffirm 2016 target on earnings before taxes, interest, depreciation and amortisation (Ebitda), and to upgrade forecasts on net profit [nRSD3JtTB3] . Does not detail new forecast for 2016 net profit . Conference call with analysts due at 0930 CET / 0730 GMT Further company coverage: [IBE.MC] (Reporting by madrid.newsroom@thomsonreuters.com) ((+34 91 585 2151;)).  Full Article

More From Around the Web

BRIEF-Spain's Iberdrola sees profits growing "mid single digit" in 2017

* Says sees Ebitda, net profit growing "mid single digit" in 2017 Further company coverage: (Madrid Newsroom)