Iberdrola continues to support Extremadura with an economic impact of over 530 million euros
Iberdrola reiterated its commitment to Extremadura by highlighting the economic impact of more than 530 million euros last year. This figure includes investments, salaries, tax contributions, and payments to suppliers. The company made purchases in 2023 from a total of 113 suppliers in Extremadura, supporting the development of the value chain in the region.
Growing Presence in Extremadura
Extremadura has become one of Iberdrola’s growth regions in Spain, with almost 5,700 MW of installed capacity, including 4,590 MW from renewable sources. The company’s facilities in hydroelectric and photovoltaic power add up to 2,043 MW and 2,544 MW, respectively. Iberdrola recently inaugurated the new Cedillo plant in Cáceres with a capacity of 375 MW, capable of supplying clean energy to 178,000 households and reducing CO2 emissions by 77,000 tons annually.
Empowering Shareholders and Promoting Innovation
For the third consecutive year, Iberdrola has proposed a shareholder dividend of 0.005 euros per share. The company aims to involve its shareholders in decision-making processes and rewards them with this dividend if certain conditions are met. Iberdrola’s proactive approach sets it apart as the only company in the Ibex 35 index to offer such a dividend scheme.