Capital Markets & ESG Day

Iberdrola has held its Capital Markets & ESG Day on 9 November 2022, in London, where the company has presented its strategic plan for the period 2023-2025.

Iberdrola is advancing in its global growth with a record Investment plan of €47 billion
during the period 2023-2025 based on more electricity grids and selective growth in
renewables, to promote a safe, clean and competitive system that will accelerate the
energy transition.

The growth of this Strategic plan is based on organic investments in all markets and will
be 80% allocated to A-rated countries with stable regulatory frameworks and ambitious
electrification targets.

By the end of the decade, Iberdrola expects to exceed €65 billion in network assets
and 100,000 MW of capacity, more than 80% renewable, thanks to new investments of
between 65 and 75 billion between 2026 and 2030.

“The record global investment plans we have set out today will help us to bring more self-sufficiency and resilience against potential energy shocks in the countries where we operate, by reducing their dependency on oil and gas and by continuing their path to Net Zero.”

Ignacio Galán

Iberdrola's Executive Chairman

All documentation

During the Capital Markets & ESG Day event, this section will be updated to show all relevant documentation.

Strategic vision [PDF]

Business Environment [PDF]

Financial Management [PDF]

Targets update [PDF]

Creating value through sustainability [PDF]

People drive our success [PDF]

Leadership in Governance & Compliance [PDF]

Cybersecurity governance [PDF]

Q&A Audio file Outlook (morning session) [MP3]

Q&A Audio file Outlook (afternoon session) [MP3]

Iberdrola to invest record €47bn in the energy transition in 2023-2025; increases 2025 EBITDA and Net Profit outlook

Conference Call. Capital Markets & ESG Day 2022 [PDF]

Key figures

47,000

M€ total

27,000

Investment in networks

17,000

€M investment in renewables

0

Net Zero in scopes 1, 2 and 3 before 2040

12,000

New hires

420

€M/year Investment in R&D

65-75

% pay-out of earning per share

80%

investments allocated to A-rated countries

Our Strategic Plan 2023-2025

Grids, the backbone of integrating more renewables

For the company, grids are not only essential to ensure the integration of new renewable energy capacity into the electricity system, but will also enable the implementation of new distributed solutions and services.

85% of the organic investments in this area are practically assured, as they are made in projects with prices already closed or with advanced negotiations and known conditions. Around 20% of transmision projects investments will go to the United Kingdom, the United States and Brazil.

Investments in this area will enable Iberdrola to reach a regulated asset base of €56 billion in 2025, a 44% growth compared to the €39 billion estimated in 2022.

Renewable growth with a focus on offshore wind

Growth in renewables is focused on secured, high-quality projects with the best risk/return ratio. Of this amount, 46% will be focused on offshore wind projects in France, Germany, the United Kingdom and the United States. In the rest of the technologies, onshore wind will account for 25% of the investment, photovoltaic 24%, hydro 2% and batteries 3%.

Thanks to these investments, Iberdrola will increase its installed renewable capacity by 12,100 MW to 52,000 MW in 2025 - 3,100 MW of onshore wind, 6,300 MW of photovoltaic, 1,800 MW of offshore, 700 MW of batteries and 200 MW of hydro - compared to the 40,000 MW planned for 2022. The group has already secured 50% of the new capacity and around 95% of the contracted production.

Fully integrated environmental and social factors

Iberdrola continues to advance in its commitment to energy self-sufficiency and its role as an active agent in the fight against climate change. As part of the Strategic Plan, the company aims to make its growth in renewables and grids compatible with the goal of becoming carbon neutral by 2030 in areas 1 and 2 and reaching zero in all 3 areas before 2040. Iberdrola will also have a net positive impact on biodiversity by 2030, with the planting of 20 million trees.

Thanks to the €47 billion in investments, the company will make around 12,000 new hires by 2025, supporting more than 500,000 jobs by 2030 across its value chain. In addition, it has committed to increase the presence of women in relevant positions to 35% by 2030 and to 43% on the Board of Directors.

This plan will enable the company to fulfil its commitment to increase shareholder remuneration in line with the evolution of results and to allocate between 65% and 75% of profits to dividends, reaching a dividend of between 0.55 and 0.58 euros per share in 2025.

Agenda and on-demand broadcast

UK Time

Registration

08:00

Strategic Vision

08:30

Mr. Ignacio Galán

Executive Chairman

Business Environment

09:15

Mr. Armando Martínez Martínez

Chief Executive Officer undefined

Coffee Break

10:00

Financial Management

10:30

Mr. José Sainz Armada

Chief Financial Officer

Q & A

11:00

Lunch

12:00

ESG Targets update

13:00

Mr. Roberto Fernández

Head of ESG

Creating value through sustainability

13:10

Mr. Agustín Delgado

Innovation and Sustainability Director

People drive our success

13:40

Mr. José Ángel Marra

Human Resources and Corporate Security Director

Leadership in Governance & Compliance

14:00

Mrs. Dolores Herrera

Compliance Director

Cybersecurity governance

14:20

Mrs. Rosa Kariger

Global Cibersecurity Director

Q & A

14:40

End of event

15:00

Sustainable Events

In 2016 Iberdrola was the first IBEX 35 company to certify its General Shareholders' Meeting, and in 2019 it was the first IBEX 35 company to renew it. In 2020 it was the first Company to include the most significant events for shareholders and the financial community in a single certificate, and it renewed this certificate in 2022, expanding the scope of the certificate to include Capital Markets & ESG DAY.

The ISO 20121:2012 standard establishes that for an event to be sustainable, it must maximize positive impacts in the three areas covered by sustainability (economic, environmental and social) and throughout the scope of the event.

Iberdrola has a Sustainable Management Policy and an Iberdrola Group Events Manual that establish the framework for action.

For all this, Iberdrola establishes strategic lines, objectives and actions to make its events sustainable.

To make queries and/or suggestions relating to sustainable events at Iberdrola, please contact us at the following email address: sustainable.events@iberdrola.com

See the celebrations of previous events

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Capital Markets & ESG Day

All documentation

Key figures

47,000

27,000

17,000

0

12,000

420

65-75

80%

Our Strategic Plan 2023-2025

Grids, the backbone of integrating more renewables

Renewable growth with a focus on offshore wind

Fully integrated environmental and social factors

UK Time

Registration

08:00

Strategic Vision

08:30

Business Environment

09:15

Coffee Break

10:00

Financial Management

10:30

Q & A

11:00

Lunch

12:00

ESG Targets update

13:00

Creating value through sustainability

13:10

People drive our success

13:40

Leadership in Governance & Compliance

14:00

Cybersecurity governance

14:20

Q & A

14:40

End of event

15:00

Sustainable Events

See the celebrations of previous events

2020

2019

2018

Outlook 2018-2022. 21st February 2018

2017