60% of our investment is address to electricity grid, assured Ignacio Galán in CNBC

An interview with Ignacio Galán, Executive Chairman of Iberdrola, at the World Economic Forum in Davos featured on CNBC.  The piece highlighted Iberdrola’s strategic focus on grids, the enabler of electrification, where 60% of Iberdrola’s investment has been committed, and the critical role grid development plays in meeting increasing demand.

On the US, where the company has had a presence for 20 years, Mr Galán reinforced that 80% of Iberdrola’s business in the country is electricity grids and there continues to be huge growth prospects and need for investment.  He said Iberdrola has increased its presence and investment under previous governments, including under the previous Trump administration, and expressed optimism about the future.