Economic-financial Figures

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

The EBITDA figures for Iberdrola España businesses at the close of the Fiscal year 2020 were:

Networks:

The EBITDA reaches â¬1,611.8 million (-5.8 %), due to the reduction in remuneration after the start of the new regulatory period (-50 million euros), as well as the extraordinary positive effects posted last year that affect the year-on-year comparison, such as the transfer of the fibre optic contracts to Lyntia (49 million euros) and positive reassessments (33 million euros). In addition, there is a negative impact of 9 million euros related to lower income from access rights as a result of COVID-19.

Generation and Retail:

The EBITDA dropped 5.7 % to reach â¬1,468.7 million due mainly to:

A drop in production of 6.5 % to 33,935 GWh, as we increased purchases of energy from third parties and from our renewables business, given the downward trend in prices.
In addition, in the second quarter 2019 an extraordinary positive impact of 87 million euros was recorded for the placing of LNG long-term supply contracts at market value, following the agreement reached with Pavilion Energy Trading & Supply for the assignment of the contractual position in these agreements.
COVID-19 has caused a drop in demand that has had a 28 million euros impact on the business.

Renewables:

EBITDA is on â¬697.6 million due to the lower sales price to the marketing business following the drop in the pool price, and despite increased production (+17.5 %), driven by hydro-electric improvements (+42.2 %) and greater photovoltaic capacity following the entry into operation of the Núñez de Balboa plant in Badajoz.