The area of electrical networks is in charge of the construction, operation and maintenance of power lines, substations, transformation centers and other infrastructures, to transfer the electrical energy from the production centers to the final user.
From Networks business we have launched iNET30 (Iberdrola Networks Excellence Transformation), a program that will maximize the Iberdrola group's global dimension to build the network of the future and achieve our vision of being the best smart grid operator by 2030, maintaining our leadership in our areas of influence.
Iberdrola is strongly committed to industry, innovation and infrastructure and contributes directly to achieving Sustainable Development Goal 9. The group is committed to accelerating its investments in renewable energy, digitisation and electric mobility to promote inclusive and sustainable industrialisation. Therefore, it has launched an unprecedented investment plan worth 75 billion euros with a 2025 horizon, that will increase to €150 billion in 2030, designed to stimulate the industrial sector and employment in the countries within its areas of influence; 90 % of this plan is also aligned with the green investment criteria included in the European Union taxonomy.
Iberdrola group sees networks as being a key factor for the electrification of the economy and regional vitalisation. For this reason it places regulated assets — together with renewable energy — at the heart of its strategy, as demonstrated by its investment plan for the period 2020-2030, which will amount to €150bn. Between 2020 and 2025 alone the company will spend over €27bn on networks (40 % of the forecast organic investment for this period) which will take its regulatory assets base up to 47 billion euros by 2025, which is 1.5 times its current value.