PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1455654
PUBLISHER: Wood Mackenzie - Power & Renewables | PRODUCT CODE: 1455654
In a well-received presentation, Iberdrola stuck fast to its strategic pillars, with a clear focus on stability and predictability within its business. However, the emphasis, and capital allocation, notably shifted (once again). Iberdrola has leaned further towards networks, whilst renewables is handed a smaller share of the investment pie. This growing strategic focus on networks, including a large US component, means the company is further differentiating itself from many of its European peers.