Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Bolsas y Mercados Espanoles  >  Iberdrola, S.A.    IBE   ES0144580Y14

IBERDROLA, S.A.

(IBE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations
The feature you requested does not exist. However, we suggest the following feature:

Iberdrola S A : takes part in the New York wind power auction with its Liberty Wind offshore project

share with twitter share with LinkedIn share with facebook
10/23/2020 | 09:05am EDT

NewsBack

22/10/2020

Further advances towards leadership in this technology

Iberdrola takes part in the New York wind power auction with its Liberty Wind offshore project

Ignacio Galán, presidente de Iberdrola, durante una visita al parque eólico marino Wikinger, en aguas alemanas del mar Báltico

  • The offer was put forward through its subsidiary Vineyard Wind and would mean putting 1,300 MW off offshore wind power into operation
  • This new installation could supply clean energy to 700,000 homes in the state and contribute towards New York's commitment to the creation of green jobs

Iberdrola, through Vineyard Wind, has taken part with its Liberty Wind project in the second auction of wind power held by New York State. Specifically, this development would entail putting into operation a total capacity of up to 1,300 megawatts (MW), which could supply clean energy to around 700,000 New York homes and businesses.

The proposal presented by the company to develop Liberty Wind offers six options for the development of this large facility. One of them, as it has been proposed, would represent the greatest commitment of direct economic benefit that has ever been considered in the US offshore wind sector. In this way, Liberty Wind would help reinforce New York's leadership in creating green jobs and equal opportunities.

Along these lines, the recent request for proposals by the New York State Energy Research and Development Authority (NYSERDA) is part of the state's general effort to achieve 9,000 MW of offshore wind power generation by 2035.

'We are pleased to bring Liberty Wind closer to New York legislators and look forward to building on broad community participation that is the hallmark of our US offshore wind business', said Lars T. Petersen, CEO of Vineyard Wind. 'As pioneers of offshore wind power in the country, we believe that setting positive precedents for development will bring new and better standards to the entire industry - standards that ensure that local communities receive the greatest possible benefits with minimal impacts', he added.

Iberdrola, aiming for world leadership in offshore wind power

Iberdrola continues to advance towards global leadership in offshore wind energy, keeping ahead of the game as it did with onshore wind power 20 years ago. The group, led by Ignacio Galán has a portfolio of some 13,000 MW in offshore rights, to which are added the 9,000 MW of options in Sweden. As of the end of the third quarter of 2020, the company has added 14,000 new MW to its portfolio - of which approximately 90% is offshore wind - which now exceeds more than 70,000 MW globally.

At the end of September, Iberdrola had an installed capacity of this technology of 1,258 MW, with facilities such as East Anglia ONE, in the United Kingdom, and Wikinger, in German waters of the Baltic Sea.

In the United States, the group, through Vineyard Wind, is making progress with the Vineyard Wind ONE marine farms (800 MW of capacity off the coast of the state of Massachusetts), Park City Wind (also in Massachusetts waters and with a capacity of 804 MW), and Kitty Hawk (Virginia), at a more preliminary phase.

Disclaimer

Iberdrola SA published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2020 12:04:04 UTC


share with twitter share with LinkedIn share with facebook
All news about IBERDROLA, S.A.
10/23IBERDROLA S A : takes part in the New York wind power auction with its Liberty W..
PU
10/22IBERDROLA SA : Gets a Buy rating from Barclays
MD
10/22IBERDROLA S A : undertakes the largest issue in its history amounting to €3 bill..
PU
10/22IBERDROLA S A : Nine months
PU
10/22IBERDROLA SA : UBS keeps its Buy rating
MD
10/22IBERDROLA S A : Issuance of EUR 3,000 million non-call undated deeply subordinat..
PU
10/21Renewable energy giant to buy New Mexico's largest utility
AQ
10/21IBERDROLA S A : Iberdrola and Volvo Car Espana agree to promote electric mobilit..
AQ
10/21Iberdrola acquires PNM Resources in the US, the utility of New Mexico and Tex..
AQ
10/21GLOBAL MARKETS LIVE: A flurry of earnings reports
More news
Financials
Sales 2020 36 892 M 43 702 M 43 702 M
Net income 2020 3 739 M 4 429 M 4 429 M
Net Debt 2020 39 561 M 46 864 M 46 864 M
P/E ratio 2020 18,5x
Yield 2020 3,87%
Capitalization 65 588 M 77 637 M 77 696 M
EV / Sales 2020 2,85x
EV / Sales 2021 2,75x
Nbr of Employees 35 816
Free-Float 94,7%
Chart IBERDROLA, S.A.
Duration : Period :
Iberdrola, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends IBERDROLA, S.A.
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 10,97 €
Last Close Price 10,71 €
Spread / Highest target 18,6%
Spread / Average Target 2,48%
Spread / Lowest Target -21,5%
EPS Revisions
Managers
NameTitle
José Ignacio Sánchez Galán Chairman, President & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Fernando Lucero Batalla Head-Information Technology & Finance
Íñigo Víctor de Oriol Ibarra External Director
Samantha Catherine Barber Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
IBERDROLA, S.A.16.61%77 637
NEXTERA ENERGY25.15%148 434
ENEL S.P.A.7.03%91 060
DUKE ENERGY CORPORATION1.72%68 233
DOMINION ENERGY, INC.-2.03%68 097
ORSTED A/S41.42%65 113