Spanish utility Iberdrola SA (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Iberdrola-ES0144580Y14" target="_blank">BME:IBE</a>) posted a net profit of EUR 4.80 billion (USD 5.19bn) for the fiscal 2023, up by 10.7% year-on-year, confirming its <a href="https://renewablesnow.com/news/iberdrola-boosts-net-profit-by-172-yy-in-9-mo-2023-837811/" target="_blank">double-digit growth outlook</a>.