The one presented by the Spanish energy group Iberdola is an unprecedented investment plan: 75 billion between now and 2025, of which 90%, i.e. 68 billion, will be organic. Of these 68 billion, more than half (51%) will go to renewables and 40% to grids. 21% of total investments will be destined for Spain (+60%), while half will be spent in the US and the United Kingdom (34 billion in all). But these are not the only "scary" numbers: the Spanish group, which is thus a candidate to enter the global elite of its market, also specifies all the repercussions that these investments will have. Meanwhile, considering related industries, they will support half a million jobs over the next five years; they will also allow Iberdola to raise its overall tax contribution (in all the countries in which it operates, including Italy where it has been present since 2016) from 8 billion in 2019 to 12 billion in 2025.
The new plants and new infrastructures will have an important impact on the economic systems of the various countries, from the point of view of the electrification of the economy and, according to the note, "the industrial revitalization of all territories". Not to mention how much this commitment means from the point of view of the energy transition. According to what Iberdola promises in his press release, renewables capacity will reach 60 GW in 2025, compared to 32 GW in 2019. At the end of the period, the clean energy portfolio will be split between onshore wind (26 GW), offshore wind (4 GW), solar (16 GW) and hydro (14 GW). The strategy will lead the Iberian group to be carbon neutral in 2030, when it will have managed to reduce its global CO2 emissions by 86% to 50g/kWh. Iberdola is already today the leading producer of wind energy in Europe, the third in the United States
Last but not least, the creation of value for Iberdola and its shareholders. The estimated net profit at the end of 2022, in the light of the maxi investment plan, will be between 4 billion euros and 4,2 billion euros and will reach 5 billion in 2025, with EBITDA at 15 billion euros. In this growth scenario, shareholder remuneration will grow in line with the results with an expanding floor of between 0,40 and 0,44 euros per share in 2025. The payout, communicates Iberdrola, will remain between 65% and 75%. “After anticipating the energy transition by 20 years – commented the Chairman Nacho Galàn -, our business model positions us as a key player in the transformation of the industrial fabric. With our experience, our commitment to society and our financial strength, we propose a model for long-term sustainable economic growth that can address today's societal challenges."
