|Bid||9.70 x 0|
|Ask||9.83 x 0|
|Day's range||9.66 - 9.82|
|52-week range||8.59 - 12.57|
|Beta (5Y monthly)||0.47|
|PE ratio (TTM)||19.01|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||0.42 (4.51%)|
|Ex-dividend date||08 Jul 2021|
|1y target est||7.13|
Global wind power leader Iberdrola will pour six billion pounds ($8.24 billion) into a wind farm complex in the North Sea off the east coast of Britain, in its biggest project investment worldwide, it said on Monday. Iberdrola said in a statement it would foot the bill for the East Anglia Hub site, whose soaring turbines will have capacity to generate 3.1 gigawatts of electricity, enough to power more than 2.7 million homes. Positioning turbines in the sea allows generators to capture high wind speeds free of any of the barriers present on land and is a key component in the decarbonisation plans of some of the world's biggest economies.
(Reuters) -Power firms including wind energy leader Iberdrola and investors have complained to European officials about a Spanish move to claw back company profits and channel them to consumers hit by high energy prices, a letter seen by Reuters showed. In Spain, where flexible tariffs leave consumers more exposed to the price spike, the government has imposed charges on companies seen to have benefited from the rise. But power firms have protested, saying they are already committed to selling all of their base power production for this year and more than three-quarters of 2022's generation at prices far below current highs.
Wind power giant Iberdrola and solar project developer Prosolia Energy will jointly invest 850 million euros ($996 million) in five solar parks in Iberia by 2025, including one of Europe's largest power plants in Portugal, Prosolia told Reuters. Through the deal, the companies aim to develop total new capacity of 1.5 gigawatts (GW) in four photovoltaic parks in Spain and a mega-plant in Portugal which is almost equal to the country's entire current installed capacity, by 2025, Prosolia Energy executive board member Pedro Pestana Aguiar said. Solar photovoltaic technology captures sunlight and turns it into electrical energy.