Iberdrola is the global leader in offshore wind by installed capacity and the most strategically positioned European utility for the energy transition. Its regulated network business (UK, US, Brazil) provides earnings stability while the renewables pipeline (>100GW by 2030) drives growth. US Inflation Reduction Act has made its Avangrid subsidiary a direct beneficiary of clean energy federal support. Dividend growing at mid-single digits consistently.
Thesis reviewed May 29, 2026
Iberdrola S.A. is headquartered in Spain, which is currently showing elevated risk signals.
🇪🇸Spain74WATCHView Spain risk detail →🔌Utilities28WATCH| Ticker | Company | Score | Gap | Signal Δ | Action |
|---|---|---|---|---|---|
| D | Dominion Energy Inc. | 32 | +15% | ↓12% | EARLY |
| CEG | Constellation Energy Corporation | 32 | +24% | ↓12% | EARLY |
| SO | The Southern Company | 32 | +15% | ↓12% | EARLY |
| EXC | Exelon Corporation | 32 | +10% | ↓12% | NEUTRAL |
| DUK | Duke Energy Corporation | 32 | +14% | ↓12% | EARLY |
| NEE | NextEra Energy Inc. | 32 | +20% | ↓12% | EARLY |
| SRE | Sempra | 32 | +13% | ↓12% | EARLY |
Investors who hold IBDRY may also have indirect exposure through these country funds.
Iberdrola raises 2025-2027 investment plan to €47B; offshore wind the anchor
Avangrid wins 2.1GW of US offshore wind contracts under IRA framework
UK regulated asset base approved for 12% growth by Ofgem; earnings visibility high
Estimates · Yahoo Finance · Not audited figures