IBDRY News and Press, Iberdrola SA ADR Repstg 1 Ord Shs From 03/29/21

The Biden administration today unveiled a goal to expand U.S. offshore wind energy in the coming decade by opening new areas to development, accelerating permits and increasing public financing for projects.The plan sets a target to deploy 30 GW of offshore wind energy by 2030, which the admi...

The sale of PPL Corp.'s (PPL) U.K. business has come down to three final bidders, Bloomberg reports: Macquarie Group (MCQEF), Enel (ENLAY) and Iberdrola (IBDRY).Final offers are due in the coming weeks for the Western Power Distribution arm, which could be valued at ~£10B ($13.8B), accor...

Iberdrola SA (IBDSF) Q4 2020 Earnings Conference Call February 24, 2021, 03:30 ET Company Participants Ignacio Arambarri - Head, IR Ignacio Galan - Executive Chairman & CEO Jose Sáinz Armada - CFO Conference Call Participants Presentation Ignacio Arambarri Good morning, ladies and ge...

The following slide deck was published by Iberdrola, S.A. in conjunction with their 2020 Q4 earnings call. For further details see: Iberdrola, S.A. 2020 Q4 - Results - Earnings Call Presentation

Vineyard Wind, the developer seeking to build the first major U.S. offshore wind farm, says it has asked the new Biden administration to restart its permitting process after former Pres. Trump's government abruptly canceled it last month.Vineyard Wind - a joint venture between power company A...

While the importance of renewable energy stocks has been increasing over the past few years, declining costs and growing awareness about climate change have helped their cause tremendously and contributed to the popularity of the sector with investors. This has caused an increase in the valua...

Duke Energy has embarked on an ambitious energy transition plan which makes sense from a return on capital spent perspective. Also, despite facing COVID-led top-line impact, the utility has been able to beat earnings expectations in the third quarter. Restructuring of its portfoli...

For every solar panel installed to generate electricity, it is imperative to plan energy storage in batteries. For batteries which are used in EVs (Electric Vehicles) or in renewal energy power stations, Lithium is much more advantageous than the traditional lead-acid batteries. I...

National Grid ([[NGG]] -1.3%) says it filed a request to the Massachusetts Department of Public Utilities to increase its gas distribution revenue by $138M, saying the increase would cover higher operating costs and core investments, and allow it a 10.5% return on equity.The company also asks...

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...