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    IBE   ES0144580Y14

IBERDROLA, S.A.

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Iberdrola S A : Ignacio Galán meets with the CEO of Qatar Investment Authority in New York

09/24/2021 EDT

24 September 2021

PHOTONEWS

Ignacio Galán meets with the CEO of Qatar Investment Authority in New York

Ignacio Galán, chairman of Iberdrola group, and Mansoor Ebrahim Al Mahmoud, CEO of Qatar Investment Authority (QIA), held a meeting in New York within the framework of Climate Week, organised by the Climate Group in collaboration with the United Nations.

The CEO of QIA, Iberdrola's number one shareholder, demonstrated his support for the group's project plan and its historic 150 billion euro investment plan to 2030, which will enable it to lead the way and make the most of the opportunities offered by the energy transformation being addressed by the world's principal economies.

24 September 2021

PHOTONEWS

Both executives reviewed the company's performance in the different business areas and countries in which it operates, as well as its main objectives to the end of this year.

Iberdrola's commitment to Qatar

Iberdrola has a 15+ year relationship with Qatar, where it commenced its activities in 2005. The milestones of this relationship include the construction of the Mesaieed Power Plant, one of the largest in the Middle East, with an investment of around 2 billion dollars.

Furthermore, the company has established its Middle East Innovation Centrein Doha, a worldwide benchmark for development of innovative solutions in smart networks, the integration of renewable energies and energy efficiency, all key areas for the group.

The aim of this centre, which has been designed to meet the challenges presented by the digitalisation of the energy system, is to develop new innovation and consultancy services.

Disclaimer

Iberdrola SA published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 08:31:07 UTC.


© Publicnow 2021
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Financials
Sales 2021 37 306 M 43 275 M 43 275 M
Net income 2021 3 614 M 4 193 M 4 193 M
Net Debt 2021 44 285 M 51 370 M 51 370 M
P/E ratio 2021 16,9x
Yield 2021 4,61%
Capitalization 58 344 M 67 685 M 67 679 M
EV / Sales 2021 2,75x
EV / Sales 2022 2,64x
Nbr of Employees 38 006
Free-Float 95,5%
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Last Close Price 9,45 €
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José Ignacio Sánchez Galán Chairman, President & Chief Executive Officer
José Sáinz Armada Chief Financial & Resources Officer
Fernando Lucero Batalla Head-Information Technology & Finance
Maria Dolores Herrera Pereda Compliance Director
Juan Carlos Rebollo Liceaga Group Director-Administration & Control
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