Economic-financial Figures

You can consult the main economic and financial indicators and the evolution of the different Iberdrola España businesses in First quarter 2020 Results Report [PDF].

The EBITDA figures for Iberdrola España businesses at the close of the First quarter 2020 were:

Networks:

The EBITDA reaches €390.4 million (-10.6%), due to the reduction in remuneration of 50 bps following the start of the new regulatory period (-€14 million), as well as €23 million of positive reliquidations recorded in the First quarter 2019.

Generation and Retail:

The EBITDA climbed 14.4% to reach €445.6 million due mainly to:

  • A drop in production of 5.7% to 8,356 GWh, as we increased purchases of energy from third parties and from our renewables business, given the downward trend in prices.
  • Active management of the customer portfolio, whether of energy contracts or of those associated with Smart Solutions.

Renewables:

EBITDA is on €182.8 million, in spite of higher production (+17.5%), due to the lower sales price to the marketing business following the drop in the pool price, as well as the significant increase in taxes paid compared to the First quarter 2019, when the 7% generation tax was suspended.