IBDRY News and Press, Iberdrola SA ADR Repstg 1 Ord Shs From 11/12/20

PNM Resources and Avangrid have announced their intention to merge in an all-cash transaction. Since the announcement, PNM’s stock has traded at a discount of 2% or better compared to its proposed merger price. Given the low yields in the bond market, this makes PNM stock a...

Iberdrola, S.A. (IBDSF) Nine Months 2020 Earnings Conference Call October 21, 2020 03:30 ET Company Participants Ignacio Cuenca Arambarri - Head, Investor Relations Ignacio Galán - Chairman and Chief Executive Officer José Sainz - Chief Financial Officer Pedro Azagra Blazquez - Dire...

Shares of energy holding company PNM Resources (NYSE: PNM) jumped 8% today after it announced it was merging with Avangrid (NYSE: AGR) , the U.S. energy operations of Spanish utility Iberdrola (OTC: IBDRY) . PNM Resources shareholders will receive $50.30 in cash ...

The following slide deck was published by Iberdrola, S.A. in conjunction with their 2020 Q3 earnings call. For further details see: Iberdrola, S.A. 2020 Q3 - Results - Earnings Call Presentation

BUI is showing positive performance YTD, which is a bit surprising. The fund has a solid long-term track record, though the current valuation isn't a screaming deal either. BUI fits an investor that wants CEF exposure to utilities/infrastructure, without leverage. For furthe...

This article first appeared on Trend Investing on August 13, 2020; therefore all data is as of this date. Wind energy, especially offshore, is rapidly growing in popularity due to lower costs and governments desire to move quickly to boost renewable energy capacity. Bloomberg states that...

Brookfield Asset Management ( BAM +1.8% ) and Spanish utility Iberdrola ( OTCPK:IBDRY +1.7% ) are among those weighing bids for PPL Corp.'s ( PPL +0.6% ) U.K. business, which could be valued at ~$15.6B, Bloomberg reports. More news on: Brookfield Asset Management Inc., Iberdr...

Four years after the Paris agreement on carbon emissions and climate change, oil majors have elaborated their decarbonization strategy. In this thesis, my aim is to analyze the strategy of one of them, BP PLC ( BP ) through a comparison with Iberdrola S.A ( IBDRY ), a Spanish electric utilit...

So far in the pandemic, clean energy utilities have held up well providing returns averaging 21% year-do-date. Familiar US-listed names include the likes of Atlantica Sustainable Infrastructure ( AY ), Brookfield Renewable Partners ( BEP ), Azure Power Global ( AZRE ), TerraForm Power ( TERP )...

Iberdrola ( IBDSF ) was a company which impressed us at March lows . The business was expected to be highly resilient due to its substantial regulatory exposures, and as a renewable generation company they were top of the line. Indeed, its resilience played out as we had expected in Q2. How...