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Reuters: Iberdrola to Invest $120 Billion in Grids by 2031
Summary generated with AI, editor-reviewed
Heartspace News Desk
•Source: Reuters
Photo by American Public Power Association on Unsplash
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Key takeaways
- Iberdrola, the Spanish utility company, has announced plans to invest over €100 billion (approximately $117 billion) by 2031
- This significant capital allocation underscores the company's strategic pivot towards strengthening and expanding its electricity grids
Iberdrola, the Spanish utility company, has announced plans to invest over €100 billion (approximately $117 billion) by 2031. This significant capital allocation underscores the company's strategic pivot towards strengthening and expanding its electricity grids.
Related Topics
Iberdrolainvestmentgridsutilityenergyinfrastructure
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