Iberdrola has reported record investments of €12.3 billion (£10.2bn) in the last 12 months, the highest amount in its history.
This investment primarily targets networks and renewable energy projects in the UK and the US. As a result, Iberdrola has achieved a net profit of €5.4 billion (£4.4bn), a 50% increase, and an EBITDA of €13.2 billion (£10.9bn), representing a 23% rise.
The growth in profits is attributed to a 25% increase in organic network investments, with the asset base of the networks business now valued at €47.6 billion (£39.5bn).
Approximately 60% of these assets are located in the UK and the US.
Renewable energy production has also increased, reaching 63,300GWh in the first nine months of the year, a 7% rise from the previous period.
The financial position of Iberdrola has improved, with total cash flow growing by 69% to over €13.8 billion (£11.4bn).
Iberdrola plans to continue investing in renewables and grid infrastructure globally, especially in the UK and US.
Recent developments include securing contracts for offshore wind projects and purchasing additional assets to strengthen its market position.
