Iberdrola (ES:IBE) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Iberdrola’s latest net electricity production report shows a mixed performance with an overall decrease in total group production by 16.7% for the year 2024 compared to 2023. Despite the decline, renewable energy sources, particularly onshore and offshore wind, hydroelectric, and solar, have seen varying levels of growth in different regions, with notable increases in renewable production in Spain and the United States. However, combined cycle gas production suffered significant reductions across most regions.
For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.