Renewables power €1.2bn profit boost for Iberdrola

clock • 2 min read
Iberdrola CEO Ignacio Galán at the ScottishPower West of Duddon Sands wind farm in the Irish sea / Credit: Iberdrola
Image:

Iberdrola CEO Ignacio Galán at the ScottishPower West of Duddon Sands wind farm in the Irish sea / Credit: Iberdrola

Energy company celebrates strong Q1 which it said was due to improved performance in its renewable division

European energy giant Iberdrola has this week announced profits of €1.2bn for the first quarter of this year, driven in large part by increased output from its renewables division. Iberdrola said the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Government kicks off latest Contracts for Difference Allocation Round

Government kicks off latest Contracts for Difference Allocation Round

Application window for clean power contracts opens today, paving way for fresh wave of renewables projects

James Murray
clock 20 July 2026 • 4 min read
BusinessGreen Spotlight Webinar: How energy and climate transition plans can give your organisation an edge - On demand

BusinessGreen Spotlight Webinar: How energy and climate transition plans can give your organisation an edge - On demand

WATCH NOW: Experts from Equans, Allianz UK, and Repattern discuss how businesses can harness transition plans to deliver real value and ensure efforts to hit net zero targets accelerate

BusinessGreen staff
clock 15 July 2026 • 1 min read
Iran War triggers first fall in global oil demand since 2020

Iran War triggers first fall in global oil demand since 2020

International Energy Agency forecasts global oil demand set to fall by one million barrels a day this year, but warns petrol and diesel market could still face a supply crunch in the coming months

James Murray
clock 13 July 2026 • 3 min read