Iberdrola has signed a €2.5 billion credit facility as part of its ongoing efforts to reinforce liquidity and broaden its financing sources.
The agreement, finalized with a consortium of 32 international banks, was oversubscribed by 45%—a clear signal of the financial sector’s strong confidence in Iberdrola’s credit profile and strategic direction. Iberdrola currently stands as Europe’s largest utility and one of the top two globally by market capitalization.
The five-year, multi-currency facility includes an option to extend for an additional two years and offers the most competitive terms among the company’s current credit lines.
Avangrid, Iberdrola’s U.S. subsidiary, is also participating in the facility, reflecting the Group’s growing focus on the United States—now its primary market for investment and expansion.
Iberdrola’s Executive Chairman, Ignacio Galán, stated: “This deal strengthens our capacity to continue increasing our investments in networks, renewables and storage, to meet the strong growth in demand driven by electrification in countries such as the United States and the United Kingdom. This credit facility once again demonstrates the full confidence of the international financial community in our growth strategy, through which we promote energy self-sufficiency and security, economic growth and social well-being.”
