Link Securities | UFD, the energy group’s electricity distributor, will invest €1.33 billion until 2028 to reinforce and digitise its electricity grid in Spain, according to Bolsamania.com. The objective of these investments is to improve the service offered to its customers and to promote the development of the energy transition, as established in the new Strategic Plan.
The investments made by UFD also aim to incorporate and provide a quality service to new consumers and industries, as part of the process of electrification of the economy foreseen in the National Integrated Energy and Climate Plan (Pniec). The investments planned for this period will be mainly aimed at innovation and the application of new technologies linked to remote metering and sensorisation, as well as strengthening infrastructures through the construction of new lines and substations, or the renovation and modernisation of existing facilities.
