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ScottishPower Network Distribution Drives Iberdrola Profits

ScottishPower’s networks division posted a 32% earnings rise as the March 2025 ENW addition and higher transmission pricing lifted quarterly profit.

The addition of ENW accounted for more than half of the uplift at ScottishPower during the first quarter

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Iberdrola closed the first quarter of 2026 with an adjusted net profit of €1.865 billion, representing an 11% increase compared to the same period of the previous year. This growth is primarily driven by the expansion of its networks business in the United Kingdom and the United States, two strategic markets for the company within its model based on regulated activities. This financial performance has led the energy company to raise its forecast…

Investment of 14.5 billion euros in the last twelve months The adjusted EBITDA of 4.1 billion euros has the Networks as engine Resilient business model based on regulated activities in countries with “A” rating provides stability and growth in any scenario Forecasts for the financial year 2026 and new opportunities and challenges Iberdrola announced an adjusted net profit boom of 11 %, up to 1,865 million euros, just at the close of the first qu…

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Expansión broke the news on Wednesday, April 29, 2026.
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