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United Kingdom

Iberdrola SA (IBE.MC)

IBE.MC on Madrid SE C.A.T.S.

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Latest Key Developments (Source: Significant Developments)

UK's Ofgem Says Price Cap To Save Consumers About 1 Bln Stg
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - UK's Ofgem::OFGEM PROPOSES PRICE CAP GIVING MILLIONS FAIR DEAL.SAYS 11 MILLION HOUSEHOLDS ON POOR VALUE DEFAULT DEALS SET TO SAVE AROUND £75 ON AVERAGE AS PER PROPOSED CHANGE.SAYS TYPICAL CONSUMER ON MOST EXPENSIVE TARIFFS WOULD SAVE OVER £120.SAYS PRICE CAP IS DESIGNED TO BE A TEMPORARY MEASURE, IN PLACE UNTIL 2023 AT LATEST.SAYS WORKING TO HAVE CAP IN PLACE BY END OF YEAR.SAYS IN TOTAL, PRICE CAP WOULD SAVE CONSUMERS AROUND £1 BILLION.SAYS WHEN PRICE CAP IS INTRODUCED, SUPPLIERS WILL HAVE TO CUT THEIR PRICES TO LEVEL OF OR BELOW CAP, PROPOSED TO BE £1136 PER YEAR.SAYS OFGEM WILL UPDATE LEVEL OF CAP IN APRIL AND OCTOBER EVERY YEAR.SAYS PRICE CAP IS DESIGNED TO BE A TEMPORARY MEASURE, IN PLACE UNTIL 2023 AT LATEST."ONCE PRICE CAP IS IN PLACE, ALL HOUSEHOLDS IN GREAT BRITAIN COVERED BY CAP WILL BE PROTECTED FROM BEING OVERCHARGED FOR THEIR ENERGY".  Full Article

Iberdrola H1 EBITDA Up 17 Pct YoY
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Iberdrola SA ::H1 REPORTED NET PROFIT 1.41 BILLION EUROS, DOWN 7.1 PERCENT YOY.H1 REVENUE 17.59 BILLION EUROS, UP 17.5 PERCENT YOY.H1 EBITDA 4.44 BILLION EUROS, UP 17.1 PERCENT YOY.CONFIRMS OUTLOOK FOR 2018.  Full Article

Iberdrola Obtains Loan Of 650 Mln Euros To Finance Hydroelectric Assets In Portugal
Monday, 23 Jul 2018 

July 23 (Reuters) - Iberdrola SA ::OBTAINS LOAN OF 650 MILLION EUROS FROM EUROPEAN INVESTMENT BANK TO FINANCE HYDROELECTRIC ASSETS IN PORTUGAL.  Full Article

Iberdrola Wins 16 MW Wind Farm Deal In Greece
Friday, 6 Jul 2018 

July 6 (Reuters) - Iberdrola SA ::WINS WIND FARM DEAL IN GREECE WITH 16 MW CAPACITY.SAYS START OF OPERATIONS SCHEDULED BETWEEN 2020 AND 2021.  Full Article

Avangrid Says Co Entered Intra-Group Credit Facility With Unit Of Iberdrola, S.A.
Friday, 22 Jun 2018 

June 22 (Reuters) - Avangrid Inc ::AVANGRID SAYS ON JUNE 18, CO ENTERED INTO INTRA-GROUP CREDIT FACILITY WITH IBERDROLA FINANCIACI*S.A.U., UNIT OF IBERDROLA, S.A. - SEC FILING.AVANGRID SAYS INTRA-GROUP CREDIT FACILITY PROVIDES FOR REVOLVING LOANS OF UP TO $500 MILLION - SEC FILING.AVANGRID INC - MATURITY DATE FOR INTRA-GROUP CREDIT FACILITY IS JUNE 18, 2023 -SEC FILING.  Full Article

Iberdrola Concludes Share Buy Back Program
Monday, 18 Jun 2018 

June 18 (Reuters) - Iberdrola SA ::CONCLUDES SHARE BUY BACK PROGRAM, ACQUIRED 78.6 MILLION OWN SHARES, REPRESENTING ABOUT 1.22 PERCENT OF ITS SHARE CAPITAL.TO REDEEM 1.22 PERCENT OF SHARE CAPITAL ACQUIRED UNDER BUY BACK PROGRAM, 0.323 PERCENT ACQUIRED THROUGH SETTLEMENT OF DERIVATIVES AND 1.538 PERCENT HELD AS TREASURY SHARES.  Full Article

Iberdrola Says Sale Of Enstor In US Has Not Generated Capital Gains But "Will Not Generate More Losses This Year"
Tuesday, 24 Apr 2018 

April 24 (Reuters) - JOSE IGNACIO SANCHEZ GALAN, CHAIRMAN OF IBERDROLA SA ::SAYS SALE OF GAS STORAGE ENSTOR IN US HAS NOT GENERATED CAPITAL GAINS BUT THAT "WILL NOT GENERATE MORE LOSSES THIS YEAR".  Full Article

Iberdrola sees core profit rising more than 20 pct by end 2018
Wednesday, 21 Feb 2018 

April 13 (Reuters) - Chairman of Spain's Iberdrola Ignacio Galan::Sees earnings before interest, taxes, depreciation and amortization rising more than 20 percent to over 9 billion euros ($11.1 billion) by end 2018.Sees profit at near 3 billion euros by end 2018 after net profit of 2.8 billion euros in 2017.Says expects dividend to improve.  Full Article

Iberdrola Says FY 2017 Scrip Dividend And Interim Dividend Of 0.14 Euros/Shr Each
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - IBERDROLA ::ANNOUNCES FY 2017 SCRIP DIVIDEND OF 0.14 EUROS PER RIGHT AND GROSS INTERIM DIVIDEND OF 0.14 EUROS PER SHARE.  Full Article

Iberdrola Sees Non-Recurrent Income of 1.20 Bln Euros In 2017‍​ After US Tax Reform
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - Iberdrola ::SAYS APPROVAL OF TAX REFORM IN US WILL RESULT IN RECOGNITION OF NON-RECURRENT INCOME OF ABOUT 1.20 BILLION EUROS AFTER TAXES FOR 2017.IT IS EXPECTED THAT SUCH NON-RECURRENT INCOME WILL NOT ALTER THE CO'S CONSOLIDATED NET PROFIT FOR CURRENT FISCAL YEAR‍​.  Full Article

Spanish stocks - Factors to watch on Friday

Sept 14 The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: