Overview
- The plan allocates roughly €20 billion to the UK and €16 billion to the U.S., with the rest directed to Iberia (€9 billion), Brazil (€7 billion) and other EU/Australia (€5 billion).
- Iberdrola says 65% of the total will go to regulated transmission and distribution networks, with 85% invested in A‑rated countries.
- The UK is designated the top destination, including a £24 billion program to 2028 through ScottishPower focused on upgrading grid infrastructure.
- The company expects to add more than 15,000 employees over the next three years as it scales network investments.
- Executives cite surging electricity demand from electrification, manufacturing and data centers, with analysts estimating the U.S. needs hundreds of billions of dollars in grid upgrades by 2030.