Europe's top utility Iberdrola to invest $68 bln with growing focus on US, UK grids

Core Viewpoint - Spanish utility Iberdrola plans to invest 58 billion euros ($68.42 billion) through 2028, focusing on expanding and upgrading power networks in Britain and the United States [1] Investment Plans - The investment of 58 billion euros is aimed at enhancing the company's infrastructure and capabilities in key markets [1] - The emphasis on power networks indicates a strategic shift towards improving energy distribution and reliability [1] Geographic Focus - The primary focus of the investment will be on the British and American markets, highlighting the company's commitment to these regions [1] - This move aligns with broader trends in the energy sector, where modernization of power networks is becoming increasingly critical [1]