Iberdrola commits to maintaining its €3.5 B investment in the UK despite new regulatory framework

IberdrolaIberdrola commits to 3.5 bn euros investment in UK

Link Securities | Iberdrola has committed to maintaining its planned 3 billion pounds (some 3.5 billion euros) investment in the UK. This is despite the new regulatory framework proposed for network operators in the country which limits profits, according to a report in Expansion.

The Spanish electricity company explained on Thursday that it plans to continue to drive energy transformation in the UK as part of its transition towards an electrified, decarbonised economy.

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