Green power giant Iberdrola posted a €4.3bn ($4.6bn) net profit for 2022 as strong performance in Brazil and the US made up for turmoil in the EU’s energy market following the Ukraine invasion.
The net result was a 11.7% uptick on 2021’s figure for Iberdrola – among the world’s biggest developers and operators of renewables on land and sea, and with a growing position in green hydrogen – which said 90% of its €10.7bn
