Increased Investment in Renewables Drives Iberdrola’s Net Profit Up 29% in 9M 2022
Iberdrola invested €7.6 billion globally in 9M 2022
November 2, 2022
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Iberdrola recorded a net profit of €3.1 billion (~$3.07 billion) in the first nine months (9M) of 2022. The net profit rose 29% year-over-year (YoY), driven by strong international performance and a 14 % increase in investments.