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Iberdrola Closes Sale Of 40% Stake In East Anglia One Project
Iberdrola To Sell 40% Stake Of East Anglia One For About 1.76 Bln Euros
Iberdrola Wins 149 MW Of Photovoltaic Solar Power Capacity In Portugal
IBERDROLA, S.A. is engaged in carrying out electricity and gas activities in Spain and abroad. The Company's segments include Network business, Deregulated business, Renewable business and Other businesses. The Company's Network business segment includes all the energy transmission and distribution activities, and any other regulated activity originated in Spain, the United Kingdom, the United States and Brazil. Its Deregulated business segment includes electricity generation and sales businesses, as well as gas trading and storage businesses carried on by the Company in Spain, Portugal, the United Kingdom and North America. Its Renewable business segment includes activities related to renewable energies in Spain, the United Kingdom, the United States and the rest of the world. Its Other businesses segment includes the engineering and construction businesses and the non-power businesses. The Company offers its customers power and natural gas, both in the wholesale and retail markets.
Plaza Euskadi, 5
Jose Ignacio Sanchez Galan
Chief Executive Officer, Executive Chairman of the Board
Ines Macho Stadler
Vice Chairman of the Board
Jose Sainz Armada
Chief Financial and Resources Officer
Juan Carlos Rebollo Liceaga
Director of Administration and Control
Pedro Azagra Blazquez
Director of Corporate Development
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Spanish energy firm Iberdrola <IBE.MC> has agreed to sell a 40% share in British offshore wind project East Anglia One to the Green Investment Group, it said on Monday.
Iberdrola SA <IBE.MC> has agreed to sell a stake worth more than 1 billion pounds ($1.20 billion) in its UK energy business ScottishPower's East Anglia wind farm to Macquarie Group Ltd's <MQG.AX> Green Investment Group subsidiary, the Financial Times reported on Monday.
* Dividend up 12.5% (Updates with CEO comment, dividend details)
Spanish renewable energy giant Iberdrola <IBE.MC> raised its 2019 net profit forecast on Wednesday as growth in international markets boosted first-half earnings by double digits.
British power generator Drax Group Plc on Wednesday reported a jump in adjusted core earnings for the first half, partly boosted by its purchase of gas, hydro and pumped storage power plants from Spain's Iberdrola SA .
Spanish renewable energy giant Iberdrola posted a 12.5% rise in first-half core earnings on Wednesday, as growth in the United States, Mexico, Brazil and Germany offset lower returns in Spain and Britain.
* Spanish utility Iberdrola has invested an undisclosed sum in Spanish electric vehicle charging company Wallbox, the company said on Tuesday.
* Iberdrola shifts to short-term gas supply from LNG contracts
* Portfolio includes 4 mtpa of LNG contracts and regas access
Spanish utility Iberdrola will this week launch an Irish retail business and plans to invest over 100 million euros ($112 million) in renewable energy and storage projects in Ireland and Northern Ireland by 2025, it said on Tuesday.
* Shares rise around 2 percent, outperforming Spain's Ibex (Add detail, share price, comments from analysts and CEO)
Spanish energy giant Iberdrola reported on Thursday a double-digit jump in first quarter earnings and raised its profit and dividend growth guidance for 2019 to a high single-digit from a mid single-digit percentage.
Spain's main electricity providers have reached an agreement to renew the life of the country's oldest nuclear plant until its planned closure, the company operating the site said on Friday.
Leading global wind power producer Iberdrola laid the inaugural solar panel in its first photovoltaic plant in Spain this week, a decisive step into a local market it has long shunned.
Shareholders of Neoenergia SA will soon seek advisers to relaunch an initial public offering (IPO) by the Brazilian power company controlled by Spain's Iberdrola, a person with knowledge of the matter said on Monday.
Spanish energy company Iberdrola said on Tuesday it will speed up its investment plans, the majority of which will be spent on its networks and renewables businesses, as part of its four-year strategy to 2022.
Spain's Iberdrola said on Tuesday it will accelerate investment plans over the next four years with most earmarked for core businesses such as networks and renewable energy while it kept its dividend at minimum of 0.40 euros per share in 2022.
* Networks, renewables investment favourites (Adds timeframe, CFO quotes, dividend)
Leading global wind power producer Iberdrola posted a 27.7 percent rise in core profit in 2018, meeting its targets thanks to growth in Latin America, hydropower recovery in Spain and second-half acceleration across its business units.
British power producer Drax Group Plc has revised the terms of its deal to buy UK generation assets from Spain's Iberdrola to ensure it gets a rebate on lost capacity payments due to a pause in a government scheme.
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