Iberdrola H1 Profit Rises 22%, Reaffirms Guidance
Iberdrola reported a 22% rise in first-half net profit to €4.34 billion and an 8% increase in adjusted earnings, with revenue of €22.47 billion as investment in grids and capacity grew in the UK, US, and Brazil. The company reaffirmed its guidance, announced the €5 billion acquisition of Caruna in Finland, and outlined a robust growth plan with a 25% rise in first-half investment to €7 billion, largely directed at networks.
Business · 6 sources · Jul 22, 2026Read itThe journal
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About Caruna
Caruna distributes electricity and maintains, repairs and builds a weatherproof electricity network for its 700,000 customers in the Southern, Southwestern and Western Finland, as well as in the city of Joensuu, the sub-region of Koillismaa, and Satakunta. In addition to households, its customer base in 2021 included approximately 80 municipalities and about 90,000 companies.
Everything about Caruna →- Country
- Finland
- Headquarters
- Espoo
- Inception
- 2000, 2014
- Website
- https://www.caruna.fi/