Investment 'virtuous circle' propels $2.8bn Q3 profit for Iberdrola

Spanish utility spends half of total $5.2bn capex on new renewable capacity, with eye on 5.2GW of new plant by year-end

Iberdrola chairman Ignacio Galan
Iberdrola chairman Ignacio GalanFoto: JAVIER SORIANO/AFP via Getty Images/NTB scanpix
Published 30 October 2019, 08:57Updated 30 October 2019, 09:10