WHOLESALE AND RETAIL BUSINESS
First Half 2017
The Generation and Retail business totalled an Ebitda of €984M.
At the close of the First Half 2017:
- In Spain, the Ebitda dropped by 12.4%, down to €662.4M, due to the lower levels of rainfall and higher taxes. When compared with the 19.6% decrease of the first quarter, this information shows that the business is starting to recover and the company expects these figures to turn positive by the end of the year.
- In the United Kingdom, the Ebitda reached £48.8M.
- In Mexico, the Ebitda has grown by 23.4%, reaching $289.8M, thanks to the additional operational capacity: 314 MW of the combined cycle plant in Baja California for the Federal Electricity Commission and over 300 MW for privately-owned combined cycle plants in Monterrey V and the Ramos cogeneration plant.
Further information on economic-financial and operating data of the Iberdrola Group can be found in the section In Figures, First Half 2017 Report Results [PDF] and Results Presentation First Half 2017 [PDF].