Iberdrola 3Q Electricity Production Dragged Down by Spain
October 25 2017 - 3:52AM
Dow Jones News
By Marc Bisbal Arias
Iberdrola SA (IBE.MC) said late Tuesday that its third-quarter
net electricity production fell slightly compared with the
year-earlier period, hurt by a double-digit decline in Spain.
Total net electricity production was 31,536 gigawatt hours, down
3.3% year-on-year. In Spain, its largest market in terms of net
production, the decrease was 22%.
For the period from January to September, installed capacity was
48,062 megawatts, a 3.8% increase compared with the year-earlier
period.
The company also said that its third-quarter total electricity
distribution fell 1.4% to 56,730 gigawatt hours, with the U.S.
experiencing the largest decline, at 6.7%.
Total gas distribution decreased 6.3%.
Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com
(END) Dow Jones Newswires
October 25, 2017 03:37 ET (07:37 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
Iberdrola (PK) (USOTC:IBDRY)
Historical Stock Chart
From Mar 2024 to Apr 2024
Iberdrola (PK) (USOTC:IBDRY)
Historical Stock Chart
From Apr 2023 to Apr 2024