IBERDROLA (IBE) ++ der grüne spanische Versorger + Strom + Gas + Übernahme Phantasie ++ - 500 Beiträge pro Seite (Seite 2)

[atze50]

so hab mir jetzt mal die EK-Quten der Spanischen Versorger Unternehmen angeschaut, die im Ibex sind...

Endesa: 42%
Iberdrola: 34%Gas Natural: 31%
Engas: 24%
Red Electr. 21%

Da Iberdrola eine Bilanzsumme v. fast 97 Mrd. hat ergibt sich ein FK-Anteil v. rund 64 Mrd. EUR!!!u. das ist schon echt happig...

ich weiß jetzt nicht wie sich die Finanzierung v. Iberdrola zusammensetzt, aber für die Kredite, die die nächsten Jahre auslaufen wirds mit Sicherheit brenzlig, bzw. teuer. U. Neugeschäft wird wegen der enormen Verschuldung wohl erstmal ruhen müssen...

hier könnte auch ein Grund für den massiven Kursverfall liegen, da die Märkte davon ausgehen, dass Gamesa bei der Finanzierung Probleme bekommt.

[KingsGambit]

Antwort auf Beitrag Nr.: 43.430.354 von atze50 am 27.07.12 10:56:26

Jetzt erfindest du aber Probleme, die keine sind. Iberdrola hat eine weitaus höhere EK-Quote als z.B. E.ON oder RWE, Iberdrola liegt mit seiner EK-Quote im oberen Bereich der Branche. Warum sollte eine Refinanzierung von Iberdrola teuer werden ? Massgebend ist das Rating von Iberdrola, nicht das Rating von Spanien. Nach eigener Aussage hat Iberdrola jetzt schon genug flüssige Mittel um die nächsten 24 Monate (!) zu finanzieren.
Nichts desto trotz wird Iberdrola daran arbeiten seine Nettoverschuldung zu reduzieren, aber das ist ja ganz normal.

[KingsGambit]

Die Probleme kommen eher von der unsicheren Lage bezgl. politischer Regelungen, z.B. die garantierten Preise (wenn der Verkaufspreis des Stroms unter den Produktionskosten liegt), Spanien kann sich den Luxus nicht mehr leisten den Sektor zu bezuschussen.

[comunista]

Hat schon jemand die Dividende erhalten? Bei mir ist noch nichts angekommen.

[KingsGambit]

... Spanien hat deshalb die Strompreise mehrfach heraufgesetzt, damit sich die Preise den Produktionskosten annähern, aber das kann natürlich andere Probleme mit sich bringen, etwa Kunden die ihre Rechnungen nicht mehr bezahlen können, geringere Wettbewerbsfähigkeit Spanischer Betriebe und dadurch weiter einbrechende Umsätze, usw. usw.

[mickefett]

Antwort auf Beitrag Nr.: 43.430.670 von comunista am 27.07.12 12:03:56

Schau mal in deine Depot-Liste. Bei mir ist da unter dem Titel "IBERDROLA -ANR.(GRATIS)-A1J0WB" ein neuer Posten dazugekommen. Das sind die Bezugsrechte für die Dividendenaktien.

[atze50]

naja ich geh mal davon aus das Iberdrola v.a. bei Spanischen Banken finanziert ist u. deshalb Probleme bekommen könnte. Aber die anderen Banken haben ja auch Probleme, von daher hat nicht nur Iberdrola das Problem sondern alle Span. Unternehmen.

ich kenn mich leider nicht im Spanischen Strommarkt aus, aber ich sehe auch die Gefahren, dass die Kunden ihre Preise nicht mehr zahlen (können), die Nachfrager der Industriekunden zurückgeht u. die Regierung irgendwelche Sondersteuern, Regulierungen, etc. erhebt...

Spanien hat ohnehin schon eine offizielle Arbeitslosigkeit v. 25% (möchte nicht wissen wie die inoffizielle aussieht?). Durch das neue Sparparket der Regierung u. die Bankenhilfen sieht es sehr sehr düster aus. Ich sehe in den nächsten Jahren keine Wachstumszeichen. Der Tiefpunkt ist noch lange nicht erreicht. Es wird erst wieder aufwärts gehen, wenn die Spanische Wirtschaft mit den Kosten runtergeht u. es Reformen gibt, aber das kann Jahre dauern...

[KingsGambit]

Antwort auf Beitrag Nr.: 43.430.875 von atze50 am 27.07.12 12:54:01

Ich hab noch nicht davon gehört dass solide Spanische Unternehmen Probleme haben sich von den Banken Geld zu leihen. Die Anleihen können eh überall auf der Welt Käufer finden.

[KingsGambit]

Nur mal kurz angeschnitten, die fälligkeit der Schulden von Iberdrola, aus dem Jahresbericht (Auszug):

Fälligkeit 2012: 3,356,269 TEUR
Fälligkeit 2013: 2,970,290 TEUR
Fälligkeit 2014: 3,941,188 TEUR
Fälligkeit 2015: 3,420,582 TEUR
Fälligkeit >=2016: 19,540,171 TEUR

Davon ein grosser Teil Anleihen, auch z.B. in GB und USA

Zur Erinnerung: Iberdrola hat 9Mrd flüssige Mittel.

[zivielkubaner]

Sí. Und Cash kommt auch laufend neues in die Kasse...schließlich wird ja ständig Strom verkauft.
Im Schlimmsten Fall müssten eben die Investitionen zusammengestrichen werden, dann können die Schulden ohne Probleme bedient werden.

aber nur meine Meinung
der zivielkubaner

[mickefett]

Antwort auf Beitrag Nr.: 43.413.742 von mickefett am 23.07.12 12:51:43

Hier sind noch einmal die Mengen 1. Produktion und 2. Installierte Kapazitäten für das 1.HAlbjahr 2012 und 2011 um die kürzliche Diskussion zu relativieren aus dem neuesten Halbjahresbericht:


Magnitudes Básicas Gestionadas
Datos Operativos 1S 2012 1S 2011 %
1. Produktion=Producción Neta GWh 68.794 74.375 -7,5
Hidráulica GWh 5.605 10.678 -47,5
Nuclear GWh 12.603 12.256 2,8
Carbón GWh 8.186 6.114 33,9
Fuel-Oil GWh - - N/A
Ciclos Combinados de Gas GWh 22.785 27.950 -18,5
Cogeneración GWh 2.704 2.361 14,5
Renovables GWh 16.911 15.017 12,6
2. installierte Kapazität=Capacidad instalada MW 46.489 45.243 2,8
Hidráulica MW 9.699 9.682 0,2
Nuclear MW 3.373 3.373 -
Carbón MW 4.709 4.709 -
Fuel-Oil MW 157 157 -
Ciclos Combinados de Gas MW 13.207 13.172 0,3
Cogeneración MW 1.173 1.173 0,1
Renovables MW 14.171 12.977 9,2

[mickefett]

Aus dem Halbjahresbericht übersetzt:

Erneuerbare Business-Gross Margin steigt um 9,1% auf 1171,6 mm EUR durch Steigerung der betrieblichen Leistungsfähigkeit und größere Windressourcen im Vereinigten Königreich, Vereinigte Staaten und Spanien.

[mickefett]

58% der Aktionäre nehmen Gratisaktien statt Bardividende:


19/07/2012
58% OF IBERDROLA’S SHAREHOLDERS OPT TO RECEIVE THEIR DIVIDEND IN BONUS SHARES



Through its ‘Iberdrola Flexible Dividend’ plan, corresponding to the final dividend payment in July
The Group will increase its share capital by 2.78% to issue the stock-dividend
The Company has acquired subscription rights for €397.8 million from shareholders opting for remuneration in cash



Today, IBERDROLA has filed the results of its “Iberdrola Flexible Dividend” plan, which offered its shareholders the option to receive the final dividend payment against 2011 results in cash or in company shares at no cost.

A total of 58.38% of IBERDROLA’s shareholders have opted to obtain bonus shares with no withholding tax at the rate of 21 subscription rights for each new company share.

The company will issue 166.02 million new shares, increasing its capital by 2.78% of total stock.

Trading in the new shares will start on the Madrid, Barcelona, Bilbao and Valencia stock exchanges on Friday 27 July, as per this year’s ““Iberdrola Flexible Dividend” calendar.

Also, 41.62% of shareholders – holding 2,486.27 million shares – have opted for remuneration in cash, accepting the Group’s offer to acquire their rights at the guaranteed price of €0.16 per right, subject to a withholding tax of 21%. Hence the company will pay a total of €397.80 million to shareholders that chose to sell their rights to IBERDROLA at a fixed price. Payment will take place on Monday, 23 July.

IBERDROLA has improved its shareholder remuneration from last year’s level. The commitment to purchase at €0.16 per share is in addition to the ordinary cash dividend of €0.03 per share and the €0.146 per share paid in January, bringing shareholder remuneration for 2011 to €0.336 per share against €0.332 in 2010.

If you add in the attendance bonus of €0.005 per share paid at the Annual Shareholders’ Meeting, total remuneration for 2011 amounted to €0.341 per share as opposed to €0.337 paid in 2010.

[urwaldingo]

Bisschen was geht da noch. Santander ist ja 1/4 gestiegen und das wirkliche KGV dürfte da schon weit über 10 sein. Da sollte es rein KGV-mäßig bei Iberdrola noch auf 3.4-3.6 gehen....
Auch Repsol ist um 1/4 in der Spitze gestiegen, ACS trotz desaströser Bilanz um knapp 20%, Telefonica ist trotz Gewinnwarnung, grauenhafter Bilanz und Dividendenstreichung immerhin um 12.5%, Ibderola nur um rund 10% trotz ordentlicher Zahlen. Da sollte noch ein wenig Musik, für die die die Aktien schon haben, drin sein, ehe die spanische Börse wieder abgrützt.
Nachkauf spanischer Werte drängt sich allerdings nicht mehr auf, denn allgemein sollte man für den nächsten Salamicrash wieder langsam seine Schäfchen in den Stall holen, damit man sie beim Höhepunkt des gewitter wieder rauslassen kann, da ja dann die Sonnenstrahlen nicht mehr weit sind und das Gras noch frisch und nahrhaft.

[Anjay]

Im Nachhinein wäre es besser gewesen, wenn man statt der Gratisaktien, deren Einstandswert 3,36 € betragen hat, die Dividende in bar genommen hätte. Man hätte zwar zuerst die spanische Quellensteuer bezahlt, aber würden sie sich später vom Finanzamt in Bilbao zurückholen.
Die Aktie war ja die letzten Tage 20% unter diesem tollen Angebot zu haben.
Offensichtlich haben sich 58% der Aktionäre falsch entschieden.

[KingsGambit]

Antwort auf Beitrag Nr.: 43.439.277 von Anjay am 30.07.12 22:52:07

Was heisst "falsch" ? Im Sinne des Unternehmens war es die richtige Entscheidung. Zeigt dass die Anleger loyal sind und die Botschaft verstanden haben, dass das Unternehmen seine Verschuldung reduzieren möchte.

[Anjay]

Antwort auf Beitrag Nr.: 43.439.922 von KingsGambit am 31.07.12 09:25:39

Aus welcher Sicht sonst, wenn nicht eines Investors war das eine falsche Entscheidung? Sind wir hier etwa rein aus altruistischen Gründen zum Wohle von Iberdrola?

Das großzügige Ausgeben von neuen Aktien scheint ebenfalls nicht aufzugehen, da eine Annahmequote von 58% eher ein Desaster ist. Da die restlichen Aktionäre wohl nicht aus den eigenen Barbeständen des Unternehmens ausgezahlt werden, landen die neuen Aktien seit Freitag an der Börse und setzten den schon gebeutelten Kurs noch stärker unter Druck. Unter solchen Umständen vermute ich, dass nächstes Jahr sich noch mehr Aktionäre auszahlen lassen (mich eingeschlossen) und dann funktioniert die flexible Dividende nicht mehr.

[mickefett]

Antwort auf Beitrag Nr.: 43.442.906 von Anjay am 31.07.12 19:54:15

Aus Sicht des Unternehmens ist das ganz egal, ob man die Dividende in Bar oder als Gratisaktie nimmt, aber für den spanischen Aktionär ist es nicht egal: für die Bardividende müssten spanische Aktionäre Steuern zahlen, aber die Gratisaktien sind steuerfrei. Iberdrola hat keine Schwierigkeiten in der Finanzierung. Die vorhandenen liquiden Mittel reichen für die nächsten 2 Jahre Finanzschuldenrückführung und im letzten Vierteljahr hat man 1,8 Milliarden Euro Überschuss erwirtschaftet.

[hasni]

Die Aktie schwächelt so vor sich hin, mal sehen, ob und wo der Boden gefunden wird.

Na, in Spanien gibts ja zu diesen Ausverkaufspreisen die Qual der Wahl. Mihc würde mal interessen, welche spanischen Aktien hier andere User bevorzugen, wenn man den Markt überhaupt als interessant erachtet

[comunista]

Habt ihr heute alle verkauft, oder warum faellt Iberdrola heute 7%?

ArcelorMittal faellt heute 8.5% und Thales ist unveraendert. Wieso?

Weil irgendjemand (oder eine Gruppe von Leuten konzertiert) beschlossen hat Arcelor Mittal zu shorten, um davon zu profitieren. Anders kann ich es mir nicht erklaeren.

[zivielkubaner]

Zitat von hasni: Die Aktie schwächelt so vor sich hin, mal sehen, ob und wo der Boden gefunden wird.

Na, in Spanien gibts ja zu diesen Ausverkaufspreisen die Qual der Wahl. Mihc würde mal interessen, welche spanischen Aktien hier andere User bevorzugen, wenn man den Markt überhaupt als interessant erachtet

Der Spanische Markt wird wohl noch länger am Boden liegen...kann man schlecht einschätzen...und Unsicherheit belastet. Ich denke aber, dass Iberdrola nicht das schlechteste Investment ist, da das Unternehmen Geld nicht nur in Spanien, sondern auch im Ausland verdient...und wenigstens da nicht mal so wenig.
Das Geschäftsmodell ist grundsätzlich stabil, Cash fließt ständig in die Kasse und Schulden können mit dem Bargeld in nächster Zeit problemlos getilgt werden, bzw. Zinszahlungen sind kein Problem.
Der Kurs liegt unter Buchwert und was auch nicht unbedingt von Nachteil sein sollte: Iberdrole ist stark in Regenerative Energien investiert, v.a. Wind und Wasser.
Sollten die Rohstoffpreise also mal wirklich durch die Decke gehen, dürfte Iberdrola eher auf der Gewinnerseite stehen.


Interessant finde ich noch Repsol...soweit ich weiß verdienen die Ihr Geld fast ausschließlich im Ausland...aber dank Enteigungen ging auch mächtig Vermögen verloren. Dazu muss man aber sagen, dass der Aktienkurs das nun mehr als Eingepreist haben sollte und immerhin gibts noch ne Chance, dass entsprechende Entschädigungen (vielleicht in Milliardenhöhe) kassiert werden können.

Telefonica ist auch nicht uninteressant, aber hier stört mich der immer noch sehr hohe Börsenwert des Unternehmens...wenn sie beim Aktienkurs noch einen ordentlichen Schnapps abgeben müssen, dann überlege ich mir einzusteigen.

aber nur meine Meinung
der zivielkubaner

[P-Luscheninvestor]

Mir gefällt noch eine Acciona, wobei ich dort nicht einschätzen kann,
wie sich die veränderte Vertsteuerung erneuerbarer Energien auswirken wird. Sie wollen zwar zukünftige EE Projekte nicht mehr in Spanien
tätigen, aber den Großteil ihrer EE Investitionen wurden in
Spanien getätigt.
Deshalb bin ich mir noch unschlüssig, auf welchem Niveau ich
die abfischen sol.

Eein Mapfre find ich auch nicht verkehrt. Marktführer in Lateinamerika, hat selbst während der Finanzkrise das Ergebis stabil gehalten, ist auch erst in der letzten Zeit kurstechnisch unter die Räder geraten. Das letzte Quartal war, bis auf die Abschreibung
auf Bankia, auch recht ordentlich.

[urwaldingo]

Zitat von hasni: Die Aktie schwächelt so vor sich hin, mal sehen, ob und wo der Boden gefunden wird.

Na, in Spanien gibts ja zu diesen Ausverkaufspreisen die Qual der Wahl. Mihc würde mal interessen, welche spanischen Aktien hier andere User bevorzugen, wenn man den Markt überhaupt als interessant erachtet

Nur Iberdrola und vor allem Repsol, evtl noch Gas Natural, wenn die eine Bank mit den 40% Paket verkauft

[hasni]

ich bin gestern dann doch in die Aktie rein, nachdem Draghi ja mal wieder einen totalen Sell-off in Spanien ausgelöst hat. Viel tiefer wird es wohl nicht geben, aber wer weiss das schon in so schwierigen Zeiten. Schon verrückt, morgens stand die Aktie noch bei 3 Euro, um dann in kürzester Zeit durchgereicht zu werden

[urwaldingo]

Um sich heute kaum nennenswert zu erholen, während die Santander wieder auf Höhenflug ist und weder so stark gefallen ist wie Iberdrola und dafür stärker gestiegen ist, obwohl Eigenkapital und Gewinn weiterhin in großer Gefahr sind.

[urwaldingo]

Da müssten noch 3.2-3.3 drinnen sein, ehe alles wieder Richtung Süden geht. Bei Enel 2.4-2.5 Euro, bei Repsol 14-15.
Dann sicher wieder -30%!!!
ACS hat ja übrigens seine Hochtief-Anteile verpfändet, denke das das ein grund ist, warum Iberdrola den Absturz gestern nur zur hälfte aufgeholt hat. Denn ACS dürfte Iderdrola auch verpfänden.

[grossmummerich]

Antwort auf Beitrag Nr.: 43.430.836 von mickefett am 27.07.12 12:42:05

Ich habe keine Bezugsrechte für Dividendenaktien erhalten.
Lediglich eine Bardividende von 0,03 EUR pro Aktie.

Wie ist bei euch das ganze Thema "Dividende 2011" abgelaufen?
Danke für eure Rückmeldungen.

[Anjay]

Ich erhielt Anfang Juli dieselbe Anzahl der Iberdrolaanrechte wie ich Aktien hatte. Dafür wurde sofort die Kapitalertragssteuer fällig. Dabei wurde pro Anrecht ein Gewinn von 0,16 Euro angenommen. Am 31.07.12 wurden meine Anrechte im Verhältnis 1:21 in Aktien umgewandelt und sollten nächste Woche mit dem Einstandswert von 21* 0,16€=3,36€ gekennzeichnet werden.

An der Stelle musste ich anmerken, dass mir die Bank zuerst die neuen Aktien mit dem Einstandswert von 0 Euro einbuchte. Darauf hin beschwerte ich mich, dass ich bereits die Kapitalertragssteuer für die Anrechte bezahlt hatte und verlangte entweder mir die bereits entrichtete Steuer zurückzuerstatten und erst dann die Aktien mit 0 Euro anzusetzen oder die Aktien mit dem Einstandswert von 3,36 € zu kennzeichnen. Die Bank sah den Fehler ein und versprach mir nächste Woche, den Einstandswert auf 3,36€ zu setzen.

[Anjay]

Antwort auf Beitrag Nr.: 43.457.092 von Anjay am 04.08.12 12:36:10

Die Bardividende in Höhe von 0,03 EUR pro Aktie habe natürlich auch noch erhalten.

[mikkki123]

So bin jetzt auch mal mit ner kleinen Posi an Bord.

[atze50]

also ist mir jetzt zu teuer. Erst bei 2,50 würde ich kaufen.

[grossmummerich]

Antwort auf Beitrag Nr.: 43.457.092 von Anjay am 04.08.12 12:36:10

Hallo Anjay,
Danke für Deine Info.
Bei mir (bzw. brokerjet.at) hat es inzwischen auch geklappt:

ISIN : ES0144580Y14
Wertpapierbezeichnung : IBERDROLA INH.EO -,75
Informationen zur Kapitalmaßnahme
Bezugsverhältnis (neu/alt) : 1 : 21
Ex-Tag : 04.07.2012
Zahltag : 30.07.2012

Munterbleiben,
D.

[delphor]

Ich habe heute für 3,12 Euro gegeben. Bin vor zwei Wochen für 2,70 Euro rein. Nach den vielen zurückgesetzten Kurszielen und dem relativ schwachen Rebound sehe ich hier große Gefahr für einen neuerlichen Absturz.

[sandmann359]

Antwort auf Beitrag Nr.: 43.476.127 von atze50 am 09.08.12 16:58:40

Bitte was?

IBERDROLA hat ein KGV von unter 6, ein KBV von 0,5 und eine DR von fast 12%.

Wo bitte schön ist diese Aktie zu teuer???? Du musst lange suchen um einen günstigeren Energieversorger zu finden. Selten so ein Blödsinn gehört.

Mag sein das die Aktie aufgrund der allgemeinen schizophrenen Stimmung noch billiger zu bekommen ist, aber hier von teuer zu reden zeigt das Du wirklich keine Ahnung hast.

[Dollarbaer]

Wenn man diese Fundamentaldaten betrachtet ist Iberdrola wirklich saubillig. Andererseits werden in Spanien wie im Halbjahresbericht von Iberdrola bereits ersichtlich, gerade die Steuern beträchtlich erhöht. Hinzukommt noch eine gesetzliche Neuordnung des spanischen Strommarktes mit wahrscheinlich noch höheren Abgaben für Iberdrola. Außerdem wird Spanien selbst im Jahre 2014 bestenfalls in Sachen Wirtschaftswachstum stagnieren.

Hinzu kommt, dass die Weltwirtschaft zum Ende des Jahres zumindest kurzfristig in die Rezession abrutscht... D.h. Iberdrola wird noch einmal Federn lassen müssen, auch wenn der Versorger mehr als 60% der Gewinne außerhalb Spaniens verbucht. Es gibt also gute Gründe noch wenigstens einige Monate Geduld zu üben, auch wenn man bereits jetzt ein gutes Schnäppchen hätte, wenn man kauft.. Aber ich will ein Superschnäppchen und wahrscheinlich wird das noch kommen

[atze50]

Hi, kurz ne Frage: kann es sein das Iberdrola 2010 u. 2011 jeweils nur 3 Cent Dividende gezahlt hat?

Quelle:
http://www.comdirect.de/inf/aktien/detail/analyse/jahresbila…

[Anjay]

Antwort auf Beitrag Nr.: 43.484.652 von atze50 am 12.08.12 15:53:03

Das stimmt natürlich nicht. Die Dividende wird in mehren Raten ausbezahlt, wie z.B. für das Fiskaljahr 2010:

SHARE PAR VALUE 0.75
INTERIM PAY DATE(2) 22/12/2010
GROSS AMOUNT 0.146
WITHHOLDING 0.02774
NET AMOUNT 0.11826
FINAL EX DIVIDEND DATE 13/07/2011
GROSS FINAL DIVIDEND 0.03
WITHOLDING TAX 0.0057
NET FINAL DIVIDEND 0.0243
FINAL PAY DATE(2) 01/08/2011
GROSS AMOUNT 0.156
WITHHOLDING 0.02964
NET AMOUNT 0.12636

Eine der Chargen heißt dabei GROSS FINAL DIVIDEND und beträgt 0,03€.

Für alle Dividenden in den Jahren 2005-2010 siehe
https://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=…
Diese Quelle ist zuverlässiger ...

[atze50]

ja danke für die Info, aber wie hoch war die Dividende für 2011 dann insgesamt?

sind mir zuviele zahlen auf der seite...

[atze50]

wie hoch war die Dividende im 2011 genau u. wie hoch wird sie 2012 sein?

[Anjay]

Antwort auf Beitrag Nr.: 43.486.444 von atze50 am 13.08.12 11:50:43

Für das Fiskaljahr 2010 hat man insgesamt brutto 0,326€ pro Aktie bekommen, alledrings war die erste Tranche schon am 22.12.2010.
Für das Fiskaljahr 2011 hat man insgesamt brutto 0,336€ pro Aktie bekommen, wenn man sich für die Bargeldoption entschieden hat.

[mikkki123]

Hey anjay,
0,336€ pro Aktie brutto oder netto.
Wieviel blieb denn nach steuerlichen Abzügen über?
Na ja werde hier bei Gelegnehit wohl nochmal nachlegen. Wenn Spanien nicht kommunistisch wird oder aus dem Euro austritt sollte hier wohl nochmal was gehen.

[Anjay]

Antwort auf Beitrag Nr.: 43.496.557 von mikkki123 am 15.08.12 15:58:36

Die 0,336€ sind natürlich brutto, aber man sieht sie auch nicht, da sich der spanische Staat sofort 21% Quellensteuer holt, so dass 0,265€ verbleiben. Wird der Freibetrag in Deutschland ausgeschöpft, kassiert auch noch das deutsche Finanzamt von der verbliebenen Dividende seinen Anteil (die Kapitalertragssteuer, den Soli und evtl. die Kirchensteuer). Die gute Nachricht ist, aber dass man sich die Quellensteuer aus Spanien zurückholen kann. Wie das geht, siehe: http://www.steuerliches-info-center.de/DE/AufgabenDesBZSt/Au…

[mikkki123]

Vielen Dank anjay für die Info. Das ist ja neben dem Kurs sehr erfreulich.

[codiman]

Zitat von Anjay: Die 0,336€ sind natürlich brutto, aber man sieht sie auch nicht, da sich der spanische Staat sofort 21% Quellensteuer holt, so dass 0,265€ verbleiben. Wird der Freibetrag in Deutschland ausgeschöpft, kassiert auch noch das deutsche Finanzamt von der verbliebenen Dividende seinen Anteil (die Kapitalertragssteuer, den Soli und evtl. die Kirchensteuer). Die gute Nachricht ist, aber dass man sich die Quellensteuer aus Spanien zurückholen kann. Wie das geht, siehe: http://www.steuerliches-info-center.de/DE/AufgabenDesBZSt/AuslaendischeFormulare/Quellensteuer/quellensteuer_node.html

Die 21 % holt er ja nicht, wegen der "script Dividende".
Außerdem gibt es ja auch die Möglichkeit einen Tag vorher zu verkaufen.
Der Staat will es so, also machen wir es so.
Schließlich gibt es keine Spekufrist mehr ...

[Anjay]

Antwort auf Beitrag Nr.: 43.508.558 von codiman am 18.08.12 16:59:19

Zitat von codiman: Die 21 % holt er ja nicht, wegen der "script Dividende

Jeder, der am Stichtag Aktien besaß, bekam auch die "script Dividende", was bedeutet, dass man sich für eine von drei Auszahlungsformen entscheiden musste. Ich habe dabei die Option mit dem Bargeld (s. Beitrag 43.487.940) beschrieben, weil das auch die Frage von atze50 war. Übrigens auch wenn du dich für die Gratisaktien entschieden, hast du keine 0,03 Euro pro Anteilsschein erhalten, sondern nur 79% davon.

[hasni]

wie lange läuft eigentlich das Leerverkaufsverbot auf spanische blue chips?

[Rudi07]

ab dem 23.07.2012 für drei Monate.........

[hasni]

danke, wenn das Leerverkaufsverbot nicht verlängert wird, könnte es nach Ablauf wohl wieder grössere Turbulenzen geben.
Oder wie siehst Du das?

[Rudi07]

Antwort auf Beitrag Nr.: 43.528.792 von hasni am 24.08.12 10:38:25

Turbulenzen, auch grössere, lassen sich in der heutigen Zeit leider nicht ausschliessen.

Wenn Iberdrola, die international sehr gut aufgestellt ist, weiterhin ihre Arbeit macht ( u. a. Abbau der Verschuldung ) und der Grossaktionär ACS nicht weiterhin Zwangsverkäufe durchführen muss, dann erwarte ich mittelfristig ( Mitte 2013 ) einen Kurs zwischen 4 und 4,50 EUR.

Beste Grüsse

[codiman]

Goldman Sachs belässt Iberdrola auf 'Buy' - Ziel 5,35 Euro
Goldman Sachs hat die Einstufung für Iberdrola auf "Buy" mit einem Kursziel von 5,35 Euro belassen. Sie habe ihre Gewinnprognosen für europäische Versorgertitel um ein Quartal nach vorn verschoben und ihre Kursziele im Schnitt um ein Prozent erhöht, schrieb Analystin Deborah Wilkens in einer Branchenstudie vom Freitag. Der Zeitraum für die Prognosen ersrtecke sich nun vom vierten Quartal 2012 bis zum dritten Quartal 2013. Ihre Gewinnvorhersagen für die spanischen Versorger Endesa, Iberdrola und Gas Natural sowie für den italienischen Stromkonzern Enel spiegelten zudem die jüngsten Bewegungen bei lateinamerikanischen Währungen wider.

[mikkki123]

Habe heute nochmal aufgestockt. Ist jetzt meine größte Position und werde hier einmal pro Monat nachkaufen auf diesem Niveau.

[codiman]

Viel Stoff:


Fr, 31.08.12 11:18

Hochtief-Mutter ACS verbucht Milliardenverlust


MADRID (dpa-AFX) - Der Hochtief-Mutterkonzern ACS ist im ersten Halbjahr tief in die roten Zahlen gerutscht. Vor allem die angefallenen Abschreibungen auf die Beteiligung am Energiekonzern Iberdrola brockten dem Konzern in den ersten sechs Monaten des laufenden Geschäftsjahres einen Verlust von 1,2 Milliarden Euro ein, wie ACS am Freitag mitteilte. Im Vorjahr hatte der spanische Bauriese noch einen Gewinn von 604 Millionen Euro in den Büchern gehabt.

ACS hatte sich durch die Übernahme des Baukonzerns Hochtief stark verschuldet. Das Unternehmen sah sich deshalb gezwungen, Beteiligungen zu verkaufen. Im April reduzierte ACS seinen Iberdrola-Anteil auf knapp 15 Prozent um Bankschulden zu tilgen. Der Verkauf brachte allerdings weniger ein, als ACS gezahlt hatte. In der Halbjahresbilanz wies ACS einen Verlust von knapp 600 Millionen Euro aus. Zudem musste ACS auf die noch bestehende Iberdrola-Beteiligung 962 Millionen Euro abschreiben.

Die Schulden von ACS beliefen sich Ende Juni auf 8,58 Milliarden Euro, was 13 Prozent weniger war als im Jahr zuvor. Der Umsatz von ACS verdoppelte sich dank der Hochtief-Konsolidierung nahezu auf 18,8 Milliarden Euro.

Mehrere Medien hatten berichtet, dass ACS in seiner Not nun eine Fusion mit Hochtief anstrebt, um den Zugang zum Kapitalmarkt zu erleichtern. Die Fusionspläne seien bereits vom ACS-Großaktionär Corporacion Financiera Alba abgesegnet worden. Ein Aktientausch müsse aber von der Hauptversammlung von Hochtief genehmigt werden. ACS hält derzeit 54,3 Prozent der Hochtief-Aktien.

Die Hochtief-Aktie geriet am Freitag zunächst unter Druck, kämpfte sich aber im weiteren Verlauf wieder in die Gewinnzone vor. Zuletzt notierte das Papier 0,73 Prozent höher als am Vortag bei 36,76 Euro.

Händler schätzen die Mediengerüchte um eine Fusion negativ ein. 'Das ist die klassische Konstellation wie bei einer Übernahme durch Heuschrecken', kommentierte eine Börsianer die Situation. Das ehemals gesunde Unternehmen könne vom Käufer mit Schulden überhäuft werden. 'Für ACS ist das natürlich eine tolle Sache, um die eigene Bilanzstruktur zu verbessern - für Hochtief ist es das Gegenteil', warnte eine andere Stimme. Die Hochtief-Aktien würde dadurch auch für die letzten langfristig orientierten Anleger uninteressant./she/zb/fbr

[mikkki123]

Interessant zu lesen. Nur was bedeutet das für iberdrola. Wird ACS seine Beteiligung zu jedem Preis raushauen, oder haben sie "Ansprüche" und ne gewisse finanzielle Vorstellung was sie dafür verlangen?

[ALF-FRED]

Antwort auf Beitrag Nr.: 43.564.835 von mikkki123 am 03.09.12 22:31:47

Im April reduzierte ACS seinen Iberdrola-Anteil auf knapp 15 Prozent

--- heißt für mich, das der Kursverlauf von 4,5 nach 3,5 Euro hauptsächlich durch ACS zustande gekommen ist ( siehe Chart mit Volumen ),

da sie verkaufen mußten um Schulden zu reduzieren könnte jetzt einiges an Potential da sein

[codiman]

Habe gerade nochmal nachgelegt .....

[atze50]

u. wenn sie die restlichen 15% auch noch raushauen?

[KingsGambit]

Dann geht die Welt unter.

[codiman]

Antwort auf Beitrag Nr.: 43.566.557 von atze50 am 04.09.12 13:23:16

Dann lege ich nochmal nach.
Ich erinnere hier gerne nochmal an : ... Iberdrola-Verwaltungsratschef Ignacio Sánchez erwäge, dass der Versorger den rund 1 Milliarden Euro teuren Bankia-Anteil selbst zurückkaufen wird ...

[mikkki123]

Das ist nen Argument! :-)

[phy]

Antwort auf Beitrag Nr.: 43.570.958 von mikkki123 am 05.09.12 13:45:39

DJ RESEARCH/HSBC erhöht Iberdrola-Ziel auf 5 (4,80) EUR - Overweight


===
Einstufung: Bestätigt Overweight
Kursziel: Erhöht auf 5,00 (4,80) EUR
===

Nachdem ACS erklärt hat, den Iberdrola-Anteil für mindestens drei weitere Jahre zu halten, haben die Analysten der HSBC ihre Erwartung an weitere Platzierungen in den kommenden zwölf Monaten reduziert. Wegen eines reduzierten Abschlags bezüglich eines möglichen Aktienüberhangs werde das Kursziel erhöht. An der Kaufempfehlung werde festgehalten.



Kontakt zum Autor: [e-mail]


DJG/ros


(END) Dow Jones Newswires

September 07, 2012 02:37 ET (06:37 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.


Quelleow Jones 07.09.2012 08:37
Gruß

Phy

[codiman]

Antwort auf Beitrag Nr.: 43.578.590 von phy am 07.09.12 11:42:38

TOP - Meldung !

[codiman]

Deutsche Bank belässt Iberdrola auf 'Hold' - Ziel 3,80 Euro



Die Deutsche Bank hat die Einstufung für Iberdrola auf "Hold" mit einem Kursziel von 3,80 Euro belassen. Innerhalb des Versorgersektors seien die Hochrisikopapiere - meist aus dem südeuropäischen Raum - zuletzt deutlich stärker gefragt gewesen als die "sicheren Häfen", schrieb Analystin Virginia Sanz De Madrid Grosse in einer Branchenstudie vom Dienstag. Auf den ersten Blick scheine sich dieser Trend fortzusetzen. Angesichts deutlich höherer regulatorischer Risiken und bilanzieller Probleme seien die vermeintlichen Überflieger aber weit weniger attraktiv als sie scheinen. Mit die sichersten Kapitalrenditen lieferten die Papiere von Eon und GDF Suez, gefolgt von RWE und EDF.

AFA0008 2012-09-11/09:46

ISIN: ES0144580Y14

[phy]

Antwort auf Beitrag Nr.: 43.589.200 von codiman am 11.09.12 10:01:17

Société Générale - Iberdrola-Aktie: "buy"

12:15 13.09.12

Paris (www.aktiencheck.de) - Jorge Alonso und Alberto Ponti, Analysten der Société Générale, stufen die Iberdrola-Aktie (Iberdrola Aktie) mit "buy" ein. Das 12-Monats-Kursziel werde weiterhin bei 4,10 Euro gesehen. (Analyse vom 13.09.2012) (13.09.2012/ac/a/a)

Offenlegung von möglichen Interessenskonflikten: Das Wertpapierdienstleistungsunternehmen oder ein mit ihm verbundenes Unternehmen halten an dem analysierten Unternehmen eine Beteiligung in Höhe von mindestens 1 Prozent des Grundkapitals und betreuen die analysierte Gesellschaft am Markt. Weitere mögliche Interessenskonflikte können Sie auf der Site des Erstellers/ der Quelle der Analyse einsehen.

[codiman]

Das war die wichtige Nachricht !

Spanien ebnet Weg für weitere Euro-Hilfen

Freitag, 14. September 2012, 17:11 Uhr




Diesen Artikel drucken

[-] Text [+]



Brüssel/Berlin (Reuters) - Nach dem grünen Licht aus Deutschland für den europäischen Rettungsfonds ESM macht sich Spanien auf den Weg zu weiteren Finanzhilfen seiner Währungspartner.

Die Regierung aus Madrid kündigte am Freitag beim Treffen der europäischen Finanzminister in Nikosia bis Ende des Monats ein Reformpaket an, das die Tür für Hilfen aus dem Fonds öffnen soll. Die Ressortchefs lobten den Ehrgeiz der viertgrößte Volkswirtschaft der Eurozone und signalisierten auch anderen Schuldenstaaten wie Griechenland, Portugal und Irland Entgegenkommen. IWF-Chefin Christine Lagarde unterstützte Vorschläge, Griechenland für seine Reformen mehr Zeit zu geben. Portugal erhält seinerseits ein Jahr zusätzlich, um seine Defizitziele zu erreichen.

Die Regierung in Madrid will mit dem neuen Reformpaket Vorgaben erfüllen, die unter dem verschärften Stabilitätspakt der EU-Staaten zum Schuldenabbau vereinbart wurden und die sie als ausreichende Basis für das angestrebte ESM-Programm erachtet. Finanzminister Luis de Guindos habe das Paket mit einem detaillierten Zeitplan für die Umsetzung angekündigt, sagte Währungskommissar Olli Rehn nach den Beratungen in Zypern. Die spanische Regierung dringt EU-Diplomaten zufolge darauf, dass sie im Gegenzug für den Ankauf von Staatsanleihen mit ESM-Geld keine Forderungen erfüllen muss, die über die länderspezifischen Empfehlungen der EU-Kommission hinausgehen. Hochrangigen Vertretern der Euro-Zone zufolge laufen die Verhandlungen über die ESM-Hilfen bereits. Sollte Spanien das Programm beantragen, steht zudem die Europäische Zentralbank bereit, in den Handel mit Schuldpapieren aus dem südeuropäischen Land einzugreifen und so die Zinsen des Landes zu drücken.

De Guindos erklärte, die Reformen stünden in keinem Zusammenhang mit möglichen ESM-Hilfen. Ein konkreter Antrag stand nach den Worten von Österreichs Finanzministerin Maria Fekter in Nikosia nicht zur Diskussion. "Aber wir wären gerüstet. Europa ist stabilisiert", betonte sie. Es müsse allerdings das Ziel eines jeden Staates sein, "sich so stabil zu halten, dass er kein Programm braucht".

SCHÄUBLE: KEINE HILFEN FÜR BANKEN AUS DEM ESM

Euro-Zone-Vertretern zufolge könnte die Regierung bereits Anfang Oktober zum nächsten Treffen der Finanzminister einen Antrag stellen. "Die grundlegende Frage hier ist, die Einzelteile festzulegen, die Teil eines Eingriffs der EZB auf dem Sekundärmarkt wären", sagte De Guindos vor den Beratungen. Dies werde aber auf eine allgemeine Art geschehen, nicht in direkter Beziehung zu Spanien. Das südeuropäische Land muss in den kommenden drei Jahren Schulden im Umfang von gut 270 Milliarden Euro refinanzieren. Das wäre bei den derzeit verlangten Zinsen von etwa 5,6 Prozent recht teuer. Vor der Ankündigung der EZB lagen die Sätze allerdings noch bei mehr als 7,6 Prozent.

Hilfe zur Stützung der taumelnden Banken haben die Eurostaaten Spanien bereits bewilligt. Offenblieb weiter, ob es bei den angedeuteten 50 bis 60 Milliarden Euro bleibt, oder die von der EU zugesagten 100 Milliarden Euro ausgeschöpft werden. Zudem hat Spanien Hoffnung darauf, dass der ESM bald direkt die Institute stützen darf, ohne den Umweg über den Staat. Aber hier dämpfte Bundesfinanzminister Wolfgang Schäuble die Erwartungen: "Ich sehe nicht, dass es eine direkte Kapitalisierung von Banken aus dem europäischen Stabilisierungsmechanismus ab dem 1. Januar geben kann", betonte er in Nikosia.

SCHÄUBLE: AUF DEUTSCHLAND KOMMT KEINE HÖHERE HAFTUNG ZU

Schäuble und EZB-Chef Mario Draghi verteidigten die geplanten Anleihekäufe der Notenbank. Die Bereitschaft dazu habe die Zinsen auf Schuldenpapiere angeschlagener Staaten bereits sinken lassen, erklärte Draghi in Nikosia. Der Notenbankchef will das Programm nun auch noch einmal vor Abgeordneten des Bundestags erläutern: Der Haushaltsausschuss lud Draghi ein, das Vorgehen der EZB zu erläutern. Das Misstrauen der deutschen Bevölkerung erschwere seine Arbeit, sagte der Italiener der "Süddeutschen Zeitung". "Wir müssen da mehr erklären, was wir tun, welche Absichten wir haben und welche Vorsichtsmaßnahmen wir treffen."

Schäuble sieht die geplanten Käufe als Mittel gegen Übertreibungen der Märkte "im Bereich der Geldpolitik". "Ich habe Vertrauen in die EZB", betonte er im Deutschlandfunk. Zugleich versicherte er, dass die deutsche Haftungsgrenze beim ESM steht. "Wenn ein Mitglied nicht einzahlen kann, dann verringert sich die Gesamtsumme des ESM." Auf den deutschen Beitrag schlage das nicht durch. Der Fonds soll nach den Worten von Eurogruppen-Chef Jean-Claude Juncker bereits Ende Oktober einsetzbar sein. Bis dahin zahlten die Euro-Staaten 32 Milliarden Euro in den Topf ein, erklärte er.



Ich habe heute einfach mal 33 % über Bord (3,80 €)geworfen und einen hübschen Gewinn mit genommen.

[phy]

Antwort auf Beitrag Nr.: 43.606.930 von codiman am 14.09.12 18:25:52

APA-dpa-AFX-Analyser · Mehr Nachrichten von APA-dpa-AFX-Analyser
HSBC hebt Ziel für Iberdrola auf 5,20 Euro - 'Overweight'

Die HSBC hat das Kursziel für die Aktien von Iberdrola nach einer Änderung der spanischen Strompreisregulierung von 5,00 auf 5,20 Euro angehoben und die Einstufung auf "Overweight" belassen. Es sei positiv, dass sich mit den Änderungen die Ungewissheit über die Zukunft der Strompreisregulierung jetzt erledigt habe, schrieb Analyst Jose Lopez in einer am Dienstag vorgelegten Studie. Die Reformen seien besser ausgefallen als vom Markt erwartet, so dass die Investoren dem Versorger jetzt positiver gegenüber stehen dürften. Der Markt werde jetzt auch die Einnahmen des Konzerns außerhalb Spaniens wieder stärker wahrnehmen.

AFA0048 2012-09-18/12:13

ISIN: ES0144580Y14

© 2012 APA-dpa-AFX-Analyser
Gruß
Phy

[codiman]

Scotland’s Iberdrola to sell stake in UK power grid
Published 01 October 2012
Scottish energy group Iberdrola may sell a minority stake in its UK power grid to help fund £12bn of infrastructure investment programs planned up to the end of 2020.


The power utility is weighing option to sell stake in its Scottish Power subsidiary's regulated business, according to The Financial Times.

The company, which intends to sell its wind farms in Poland, has been offloading non-core assets since 2008 as it seeks to cut down a debt pile of €29.3bn as of June 2012.

Iberdrola executive chairman Ignacio Galán said he will concentrate on cutting down net debt through a strategy of capital expenditure reduction, cost-cutting and asset sales.

The utility has plans to invest £12bn in the UK in the next decade, with two-thirds going to its electricity networks business.

This week Galán met UK chancellor George Osborne to discuss his company's investments in the British energy sector.

[codiman]

APA-dpa-AFX-Analyser · Mehr Nachrichten von APA-dpa-AFX-Analyser


Morgan Stanley belässt Iberdrola auf 'Overweight' - Ziel 4,50 Euro



Morgan Stanley hat die Aktien von Iberdrola nach der Einführung neuer Steuern und Abgaben für Versorger in Frankreich und Spanien auf "Overweight" mit einem Kursziel von 4,50 Euro belassen. Das Risikoprofil spanischer Versorger habe sich zuletzt verbessert, schrieb Analyst Emmanuel Turpin in einer Branchenstudie vom Montag. Die Strompreisreform sei besser ausgefallen als erwartet und die Aufmerksamkheit richte sich jetzt auf andere Länder wie Frankreich und Belgien, wo das Risiko neuer staatlicher Abgaben jetzt höher sei. Iberdrola gehört zu den "Top Picks" des Experten unter den europäischen Versorgern.

AFA0052 2012-10-01/14:30

ISIN: ES0144580Y14

[mickefett]

2012 NINE MONTHS RESULTS
Iberdrola announces that the Financial Results as of September 30th 2012
will be presented to the Spanish Securities and Stock Exchange Commission
(CNMV) on Wednesday, October 24th before Market Opening (09:00 a.m. Madrid time).
The same day, an strategic presentation including the Outlook for
the period 2012-14 will be held. Details will be provided soon.

[KingsGambit]

So langsam bietet es sich an Gewinne mitzunehmen

[oldmik]

Antwort auf Beitrag Nr.: 43.717.167 von mickefett am 16.10.12 13:59:33

Hi Mickefett, wo Du Dich so rumtreibst. Ich hab hier ein bissel Geld geparkt für den Hoffnungsschimmer AU und Ni unserer Lady.
Gruß oldmik

[mickefett]

Antwort auf Beitrag Nr.: 43.723.355 von oldmik am 17.10.12 18:35:17

Hallo Oldmik, ja, hier läuft es ja im Moment ganz gut, aber trotz aller Versuche bin ich insgesamt noch im Minus.

[oldmik]

Antwort auf Beitrag Nr.: 43.723.830 von mickefett am 17.10.12 20:24:41

Hi mickefett ich sitz bei mehreren Positionen noch gewaltig im Nassen, bei der PAN mit -25%, das Aktien-Depot gesamt mit -12% da sind dann auch welche von iberdrola dabei, die aber mit +8%, und ein paar von Goldcorp mit 15%.
Das Fond-Depot sieht besser aus: BGF World Mining mit +10% und BGF World Gold mit +34%.
Ich hatte bis vor kurzem einen Russlandfonds, aber den hab ich mit +-0% nach 4 Jahren hoch und runter jetzt rausgenommen und in Gold umgeschichtet (BGF World Gold nachgelegt) obwohl ich die Russen liebe (Evraz / Ni-Norilsk / GUM u.s.w.). Ich denke ich bin gut positioniert, hab leider einen Hang zu Metall und Gold, der im Moment bisschen negativ reinhaut, aber ich denke bis Mitte 13 wird sich das richtig auszahlen. Iberdrola hab ich reingenommen zum Ausbalancieren (wenig Risiko nach unten, Chancen nach oben wie beschrieben durch das Südamerikageschäft , Divi).
Gruß oldmik

[KingsGambit]

Zahlen sind raus, insgesamt gut, allein das Spanische Geschäft rückläufig, aber das war auch nicht anders zu erwarten. Besonders gut sind die Erneuerbaren gelaufen.

[mickefett]

24/10/2012
IBERDROLA PROJECTS STABLE PROFITS AND DIVIDEND IN 2012-2014

During the three-year period the Group is establishing a platform for future growth
Strategy for the next three years will be based on strengthening finances by moderating the level of investments, which will focus mainly on networks and renewables, as well as on divesting assets where considered non-strategic, and on efficiency gains
The Company projects a €6 billion reduction in debt and to continue improving its solvency ratios, as a product of cash flow generated, lower investments and €2 billion in divestments
It will invest a gross €12.3 billion (€10.5 billion net) in the three years, 37% lower than in 2010-2012, mainly in electricity transmission networks (59%) and renewables (25%)
IBERDROLA will centre investment efforts in the UK, which accounts for 42% of the total, with Latin America –mainly Brazil– receiving 23%
Annual dividend will be maintained at an average €0.30/share during the period
| Event connection through webcast |
IBERDROLA projects average Ebitda and net earnings for the 2012-2014 period in line with the €7.65 billion and €2.8 billion recorded in 2011, enabling it to continue remunerating shareholders at a gross annual average of about €0.3 per share.
The Group will achieve this through a strategy focused on moderating investments, which will be directed mainly to networks and renewables, as well as on efficiency gains, and divesting non-core assets and in non-core countries to overcome the adverse impact of falling demand, new regulatory measures and higher taxes.
During a meeting today with analysts in London, the company set goals for the three-year period based on strengthening its finances with a reduction in debt of around €6 billion.
To achieve this, it expects the government to refund it around €3 billion owed from the tariff deficit, and will continue its programme of asset divestment amounting to about €2 billion, of which it has already sold assets valued at €300 million and is in the process of closing other agreements for €1.5 billion. The programme will prioritise divestments with less impact on Ebitda and net profit.
In parallel the Company intends to continue to build up its liquidity with the goal of reaching the end of 2014 with financing needs covered for the following 24 months. Today liquidity stands at around €11 billion, enough to cover needs for the next three years. It will also work to improve financial ratios - net debt/Ebitda, operating cash flow/net debt – and limit currency and interest rate risk.
Investments projected at €12.3 billion (€10.5 billion net)
IBERDROLA plans to moderate the level of investment effort, allocating €12.3 billion gross, €10.5 billion net, down about 30% on the 2009-2011 period, with a focus on projects with a short development time frame, that offer certainty and profitability, and generate positive cash flow in the short term.
The Group will thus concentrate on two areas: it will devote 59% of net investments to electricity transmission and distribution networks and 25% to renewables, 13% to generation and 3% to other businesses.
As a result, the company expects that by 2014 regulated business (networks (52%), regulated generation in Mexico (5%) and renewables (20%) will contribute 77% of Group Ebitda against 68% in 2009. The main objective is for all businesses to generate positive cash flow, through the following strategy:
Networks: carry out investments in line with regulatory frameworks in effect in each country where the Group operates.
Generation: align activities to conditions in each country, prepare sites for future opportunities and achieve efficiency gains in O&M.
Renewables: concentration on strategic markets and investments in onshore and offshore wind farms.

Iberdrola will focus this new phase in the UK, which accounts for 42% of total investments, followed by Latin America, mainly Brazil, which will receive nearly 23%.
Iberdrola will thus concentrate on the Atlantic area, tailoring its investments to economic and regulatory conditions in each country:
UK: a new growth phase in transmission and distribution and preparing traditional and renewable generation projects in the future.
US: growth scenario in networks, with new efficiency measures as well as geographical concentration for renewables businesses.
Spain: facing a new adjustment phase in costs and investments to reflect the new regulatory framework, optimising operations and maintenance in electricity production and maximizing efficiency.
Latin America: in Brazil, a period of growth is expected in transmission and distribution, as well as regulated generation: hydro and wind. In Mexico, the company is prepared for new opportunities that arise from collaboration between the public and private sectors.
The company, already among Europe’s most efficient electricity groups, also plans new efficiency measures. It plans a workforce reduction between 2012-2014, under a programme already under way. At the same time, it will apply wage restraint, linking remuneration to results and not inflation. Finally, it will also continue to reduce the cost of external services and seek synergies from the Single Corporation project which has involved the creation of global business areas coordinated with a local focus.
The company will also continue to foment corporate social responsibility with a view to consolidating its corporate governance standards. In 2012 it was named best in Spain for corporate governance by World Finance magazine, was sector leader in the Dow Jones Sustainability Index with 30% lower CO2 emissions per kWh than the average for the European electricity sector,and received an award as one of the best corporations to work according to the Spanish Merco survey and Brazil’s Você, as well as figuring among the five most innovative companies in Europe according to the European Commission’s 2011 R&D Scoreboard.
Through significant debt reduction, management and control of investments, divesting non-core assets and continued efficiency gains, the group expects to close 2014 having established a basic platform for renewed growth in the future.
Major projects
2012-2014:
Electricity transmission: in addition to smart grid implementation in different markets, Iberdrola will continue developing major transmission and distribution infrastructure in the US, including the inter-connection with Canada through the Maine Power Reliability Program, and in the UK including the first subsea cable between Scotland and England.
Renewable energy: the Group expects to bring 1,450 megawatts (MW) of new capacity on stream through offshore wind farms including West of Duddon Sands which is due to begin operations in 2014, and at least 10 onshore installations in Brazil to add to the Rio do Fogo wind farm that is already operational.
Hydro generation: the company has 2.4 GW in projects under way in Brazil: the Teles Pires plant, through Neoenergia, whose 900 MW is projected to come on stream in 2014, and Baixo Iguaçu and Belo Monte plants amounting to 1,500 MW which will start up between 2015 and 2016.
After 2015:
From 2015, and in addition to the networks projects referred to as well as others in the US and UK, and the hydro projects in Brazil, Iberdrola will advance with offshore and onshore wind projects in the UK, Germany, France, Mexico and Brazil. It also plans to develop 1,900 MW of combined cycle gas capacity in the UK.
More than a decade of international expansion
IBERDROLA has undergone a deep transformation since the start of the century that has enabled it to grow to become the leading Spanish energy group, the fifth largest Spanish company on the Ibex 35 stock index by market capitalization, world leader in wind and one of the five biggest electricity companies in Europe.
This has been made possible by a strategic vision that anticipated emerging energy trends and involved investments of around €77.3 billion between 2001 and 2012. The achievements have been made in two stages:
2001-2006: planning focused on energy business growth principally in Spain and Latin America, with the company succeeding in doubling its size and profits by the end of the period. Installed capacity rose to 30,500 MW from 16,500 while net earnings came to €1.66 billion in 2006.
2007-2012: strategy has been marked by strong international expansion, with the integration of ScottishPower, Energy East (today Iberdrola USA) and Brazil’s Elektro, as well as the rapid growth of its renewable energy business which today accounts for 14,300 MW in capacity, the world’s largest. The Group has a total capacity of nearly 46,700 MW, making it one of the largest electricity groups in the world.

[mickefett]

Antwort auf Beitrag Nr.: 43.745.302 von KingsGambit am 24.10.12 10:12:10

Man kann es den Usern aber auch erleichtern, wenn man wenigstens die englische Veröffentlichung hier gleich mit reinsetzt:

24/10/2012
IBERDROLA 9-MONTH EARNINGS ROSE 12% TO €2.4 BILLION WITH INTERNATIONAL GROWTH DRIVING IMPROVEMENT

Net profit from international activities rose 52% while in Spain it fell 36%
Ebitda came to €5.78 billion due mainly to networks and renewables which contributed 76% of the total
Group revenues rose 8% to more than €25 billion
Standout performers among business areas were renewables where Ebitda rose by 16.4% to €1.18 billion and networks which were up 2.1% at €2.89 billion
Investments fell 67% to €2.08 billion and divestments in the year came to €300 million, with the aim of strengthening the Group’s financial position
The Group maintained solid liquidity position of over €11 bn, covering financial needs for 36 months
Operating cash flow rose 6.5% to €4.71 billion
Gearing stood at 45.9% - and the average cost of debt was reduced
| Event connection through webcast |
IBERDROLA net earnings rose 12% in the first nine months to €2,400.7 million with Ebitda 3.4% higher at €5,777.8 million. This reflects strong international performance offsetting poor results in Spain, as well as a focus on networks and regulated generation in Mexico which accounted for 76% of Group Ebitda.
Net earnings from international operations rose 52% to €1,784 million, compensating a 36% decline in Spain to €616 million which only made up 25% of the total. In Ebitda, international business also contributed strongly with a 13.1% rise to €3,042 million. Of this amount, 64% came from networks which rose 15%, and another 20% from renewables which was 13.7% higher.
In Spain, Ebitda declined 5.6% to €2,735 million, mainly due to cuts in remuneration for networks contained in Royal Decree 13/2012 of last March. It should be noted also that third quarter results do not include the impact of new taxation on generation recently approved by the Government.
By businesses, Ebitda for networks rose 2.1% to €2,899.8 million and renewables by 16.4% to €1,181.8 million, while generation fell 1.7% to €1,681.5 million. Among networks businesses, Ebitda rose in all markets except Spain which fell 16.1%, while generation performed well in Mexico. Renewables advanced across the board with installed capacity now standing at more than 14,300 megawatts (MW).
Revenues rose 8% from the previous period to €25,235.6 million and gross margin by 5.3% to €9,291.6 million, supported by international growth, the contribution of Elektro and positive currency factors. Operating cash flow rose 6.5% to €4,709 million.
Investments fell 67% against the first nine months of 2011 and the Company sold assets valued at €300 million in line with the Group’s goal of strengthening its finances. Of the €2,083 million invested in the first nine months, Iberdrola assigned 67% to networks (up 32%), 19% to renewables (down 43%) and 14% to generation (down 2%).
Financial strength
IBERDROLA focused efforts during the period to maintaining a strong balance sheet, closing the period with liquidity of more than €11 billion, enough to meet financial needs for the next 36 months.
Net adjusted debt – excluding €3,022 million pending payment from the tariff deficit – stood at €28,838 million, while gearing was 45.9% ex-deficit and 48.4% including it. Average life of the debt stood at 6.2 years with an average cost 5 basis points lower at 4.49%.
Key operating aspects
1. Networks business: all areas grow except Spain
Ebitda from networks businesses in the period rose 2.1% to €2,899.8 million with international operations up 15% and compensating the negative effect of lower remuneration for distribution in Spain.
In the UK, Ebitda from networks rose 14% to €676 million as a result of higher revenue from a larger asset base following investments and positive exchange rate effects. In the United States, networks raised Ebitda by 24.2% to €545.9 million, due mainly to increased revenues and the contribution of the Maine transmission project and dollar appreciation, and despite the sale of some subsidiaries in the last quarter.
Brazil, included in among regulated businesses, increased Ebitda by 9.4% to €693.6 million, helped by higher demand (+5.7%), consolidation of Elektro business and tariff changes which compensated for a local currency decline. In Spain, Ebitda from networks fell 16.1% to €984.3 million, due to the negative impact of regulatory decisions approved in March and a 17.1% rise in taxes.
2. Generation and supply: higher levies in the UK
Generation and supply business recorded a 1.7% decline in Ebitda to €1,681.5 million. In this business area, Spain’s contribution fell 0.4% to €1,212.6 million. During the first nine months the main factors in Spain were lower output, lower contribution from hydro and the positive effect of Supreme Court rulings.
In the UK, Ebitda from this business area fell 14.6% to €195.5 million, affected by lower production and a significant increase in government-imposed levies for emissions and energy efficiency programmes (CERT/CESP) amounting to €174.3 million. This less favourable performance in the UK was partly compensated by a 9.4% rise in Ebitda from Mexico to €284.9 million, based on improved margins and a higher dollar.
3. Ebitda from renewables, the biggest rise
Renewables recorded a 16.4% rise in Ebitda to €1,181.8 million, making it the business that grew most in the period. In Spain Ebitda rose 19.3%, thus becoming the only business area in the country to grow during the period. Installed capacity rose 6.5% to 14,319 MW, while operating capacity rose 7.5% to 13,760 MW.

[mickefett]

Antwort auf Beitrag Nr.: 43.745.976 von mickefett am 24.10.12 12:16:53

Oder die Kurzfassung auf Deutsch von Dow Jones:

DJ Spanischer Stromkonzern Iberdrola reagiert mit Umbau auf Krise


Von Ilan Brat

Angesichts der Wirtschaftskrise im Heimatmarkt gibt sich der spanische Stromkonzern Iberdrola eine neue Struktur. Bis 2014 wollen sich die Spanier von milliardenschweren Unternehmensteilen trennen, Arbeitsplätze streichen und die eigenen Schulden kräftig reduzieren.

Das Energieunternehmen will dabei 1.200 Arbeitsplätze abbauen und Beteiligungen im Wert von 5 Milliarden Euro verkaufen. Vermögenswerte im Wert von 300 Millionen Euro seien bereits verkauft worden, Verträge über die Veräußerung im Gegenwert von weiteren 1,5 Milliarden Euro stünden kurz vor dem Abschluss. Ihre Schulden wollen die Spanier dadurch bis 2014 insgesamt um ein Fünftel auf 26 Milliarden Euro senken, wie die Iberdrola SA mitteilte.

In den ersten neun Monaten des Jahres profitierte Iberdrola vom starken Auslandsgeschäft. Der Energiekonzern steigerte seinen Gewinn unterm Strich um 12 Prozent auf 2,3 Milliarden Euro. Während der Gewinn im Ausland um 52 Prozent auf 1,78 Milliarden Euro zulegte, ging es auf dem Heimatmarkt steil bergab. Belastet von der Wirtschaftskrise brach der Gewinn in Spanien um 36 Prozent auf 616 Millionen Euro ein. Die Erlöse des Stromkonzerns erhöhten sich um 8 Prozent auf 25,2 Milliarden Euro.

Kontakt zum Autor: [e-mail]

DJG/DJN/hhb/jhe

(END) Dow Jones Newswires

October 24, 2012 06:52 ET (10:52 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

[KingsGambit]

Ich verabschiede mich erst mal von Iberdrola und von den Forenteilnehmern hier, weiterhin viel Spass. 10-20% traue ich der Aktie schon noch zu, doch irgendwann muss man Gewinne ja mitnehmen. Werde die Aktie weiter auf der watchlist halten.

[codiman]

Spanischer Stromkonzern Iberdrola reagiert mit Umbau auf Krise




Von Ilan Brat

Angesichts der Wirtschaftskrise im Heimatmarkt gibt sich der spanische Stromkonzern Iberdrola eine neue Struktur. Bis 2014 wollen sich die Spanier von milliardenschweren Unternehmensteilen trennen, Arbeitsplätze streichen und die eigenen Schulden kräftig reduzieren.

Das Energieunternehmen will dabei 1.200 Arbeitsplätze abbauen und Beteiligungen im Wert von 5 Milliarden Euro verkaufen. Vermögenswerte im Wert von 300 Millionen Euro seien bereits verkauft worden, Verträge über die Veräußerung im Gegenwert von weiteren 1,5 Milliarden Euro stünden kurz vor dem Abschluss. Ihre Schulden wollen die Spanier dadurch bis 2014 insgesamt um ein Fünftel auf 26 Milliarden Euro senken, wie die Iberdrola SA mitteilte.

In den ersten neun Monaten des Jahres profitierte Iberdrola vom starken Auslandsgeschäft. Der Energiekonzern steigerte seinen Gewinn unterm Strich um 12 Prozent auf 2,3 Milliarden Euro. Während der Gewinn im Ausland um 52 Prozent auf 1,78 Milliarden Euro zulegte, ging es auf dem Heimatmarkt steil bergab. Belastet von der Wirtschaftskrise brach der Gewinn in Spanien um 36 Prozent auf 616 Millionen Euro ein. Die Erlöse des Stromkonzerns erhöhten sich um 8 Prozent auf 25,2 Milliarden Euro.

[codiman]

Morgan Stanley belässt Iberdrola auf 'Overweight'



Morgan Stanley hat die Aktien von Iberdrola auf "Overweight" mit einem Kursziel von 4,50 Euro belassen. Der Versorger bleibe wegen der guten Mischung aus Wachstum, Umtrukturierungspotenzial und berechenbarer Abhängigkeit von den Aufsichtsbestimmungen auf Morgan Stanleys "Most Preferred List? für die europäischen Versorger, schrieb Analystin Anna Maria Scaglia in einer Branchenstudie vom Montag.

[codiman]

APA-dpa-AFX-Analyser · Mehr Nachrichten von APA-dpa-AFX-Analyser


Barclays hebt Ziel für Iberdrola auf 4 Euro - 'Underweight'



Barclays hat das Kursziel für die Aktien von Iberdrola von 3,60 auf 4,00 Euro angehoben, aber die Einstufung auf "Underweight" belassen. Das Management des Versorgers habe zuletzt wieder eine gewisse Berechenbarkeit hergestellt, womit sich das Unternehmen auch insgesamt an einem Wendepunkt befinde, schrieb Analystin Monica Girardi in einer Studie vom Montag. Der Konzern hänge jedoch weiterhin von externen Faktoren wie der Verbriefung der spanischen Strompreisunterdeckung und dem Weiterreichen neuer Abgaben an die Endverbraucher ab. Zudem notiere die Aktie mit einer Prämie im Vergleich zur Bewertung der Konkurrenz.

[mickefett]

20/11/2012
IBERDROLA TO OFFER SHAREHOLDERS THE OPPORTUNITY TO OBTAIN FREE SHARES

As part of the Company’s sixth scrip dividend scheme and coinciding with the interim dividend payment for 2012
For shareholders preferring payment in cash IBERDROLA will offer an acquisition price of approximately €0.140 per share to purchase free subscription rights
The company will carry out a capital increase with a maximum reference value of €919 million
The IBERDROLA Board of Directors meeting today approved the sixth edition of its scrip dividend Iberdrola Dividendo Flexible scheme, coinciding with coincides with the interim dividend payment for 2012.
This programme offers shareholders the opportunity to obtain new shares at no extra cost and with no withholding tax and. On 28 December, the company will announce the number of free subscription rights necessary to receive a new share in IBERDROLA.
The number will be calculated based on the number of outstanding shares, the final capital increase value and the weighted average price of the group’s shares traded on 19, 20, 21, 24 & 27 December.
However, shareholders can also choose a cash payment and IBERDROLA will offer an acquisition price of approximately €0.140 per share to purchase the free subscription rights.
Shareholders choosing this option, subject to withholding tax, should make their preference known between 3 and 14 January 2013 since the scrip dividend will be considered the option by default. In this case, payment of the free subscription rights will take place on 22 January 2013.
A third option available to shareholders is to sell their rights on the market. Shareholders choosing this option do not have to pay any withholding tax, but they are also not entitled to the Guaranteed Fixed Price. The company’s Board of Directors has approved a capital increase for a maximum reference value of €919 million to implement this scrip dividend scheme.
The schedule for this new edition of the programme is as follows:
28 December 2012: Disclosure of the number of free subscription rights required to receive one (1) share and the price at which IBERDROLA undertakes to purchase the rights.
2 January 2013: Publication of the notification of the second rights issue in the Mercantile Registry Bulletin (BORME) and record date for the free subscription rights.
3 January 2013: First day of trading of the new free subscription rights and start of period for requesting remuneration in cash by virtue of IBERDROLA’s purchase commitment.
14 January 2013: Deadline for requesting remuneration in cash.
17 January 2013: End of the trading period for new free subscription rights and acquisition of the same by IBERDROLA from shareholders who have opted to receive cash.
22 January 2013: Cash payment to shareholders who have chosen to sell their rights to IBERDROLA.
24 January 2013: Allocation of registration reference numbers to new shares.
25 January 2013: New shares start trading on the continuous market.

[codiman]

APA-dpa-AFX-Analyser · Mehr Nachrichten von APA-dpa-AFX-Analyser


UBS senkt Iberdrola auf 'Neutral' und Ziel auf 3,90 Euro



Die UBS hat Iberdrola von "Buy" auf "Neutral" abgestuft und das Kursziel von 4,25 auf 3,90 Euro gesenkt. Die regulatorischen Risiken für den spanischen Versorger stiegen derzeit, schrieb Analyst Alberto Gandolfi in einer Studie vom Dienstag. Zudem drohe die Einführung einer neuen Gewinnsteuer. In diesem Fall stiege die Steuerquote auf die in Spanien erzielten Profite von derzeit 50 Prozent auf 78 Prozent.

[codiman]

MVV kauft sieben Windparks von Iberdrola





10.12.2012 −
Das Mannheimer Energieunternehmen MVV Energie übernimmt sieben Windparks des spanischen Energiekonzerns Iberdrola in Deutschland. Das teilte die Unternehmensgruppe am Freitag letzter Woche in Mannheim mit.

Dabei handelt es sich um insgesamt 40 Windenergieanlagen mit einer Gesamtleistung von 62,9 MW in Nordrhein-Westfalen, Rheinland-Pfalz, Hessen, Thüringen und Sachsen-Anhalt. Die Anlagen selbst sind zwischen 2003 und 2008 in Betrieb gegangen. Mit dem Kauf der Windparks verdoppelt der Mannheimer Konzern seine Stromerzeugungskapazitäten im Bereich der Windenergie von derzeit 73 auf 136 MW. Rechnerisch können mit dem Strom aus den sieben nun neu erworbenen Windparks jedes Jahr rund 30.000 Haushalte versorgt und der Ausstoß von gut 78.000 Tonnen CO2 vermieden werden.

Als Kaufpreis wurden auf der Grundlage der aktuellen Erwartungen für die in den Windparks erzeugten Strommengen 52,7 Mio. € vereinbart, wie MVV mitteilte. Dieser Kaufpreis beinhaltet die Übernahme von Verbindlichkeiten. Die Transaktion muss noch durch das Bundeskartellamt freigegeben werden.

[mickefett]

19/12/2012
IBERDROLA APPOINTS AREVA WIND AS PREFERRED TURBINE SUPPLIER FOR ITS WIKINGER OFFSHORE WIND FARM IN GERMANY

The company reaffirms its commitment to Germany’s renewable energy market
Both companies will enter into further negotiations to define commercial and technical aspects of the final supply contract
The Wikinger offshore wind project, currently being developed in the Baltic Sea, will have approximately 400 MW installed capacity
IBERDROLA is also considering using as a complement to the facility several units of the new offshore wind turbine being developed by Gamesa
After a tender process, IBERDROLA and Areva Wind have entered a preferred turbine supplier agreement for the Wikinger offshore wind project in the Baltic Sea, with construction scheduled for 2016 and 2017.
Under the terms of the agreement, AREVA Wind will support IBERDROLA on foundation and tower design optimization, project logistics, installation concept and project certification with regulator Bundesamt für Seeschifffahrt und Hydrographie (BSH).
The Wikinger offshore wind project, currently being developed in German territorial waters of the Baltic Sea, will have approximately 400 megawatts (MW) installed capacity.
The M5000, the first 5MW wind turbine designed exclusively for large-scale offshore wind farms, will be manufactured at Areva’s facilities in Bremerhaven (Germany). When signed, the contract will also include equipment transportation, installation, commissioning and maintenance.
This will be the first time that IBERDROLA installs 5 MW turbines at a wind farm, representing a great technological leap forward for the company. The turbines will be located some 35 kilometres off the coast of the German Island of Rügen, covering an area of 34 square kilometres in the Baltic Sea. The wind farm will produce enough green clean energy to power 350,000 homes.
IBERDROLA is also considering using as a complement to the facility the new offshore wind turbine being developed by Gamesa.
Final investment decision will only be made if economic and technical feasibility studies, currently being performed by the company, show positive results. IBERDROLA’s offshore wind project pipeline in Germany stands at over 2,000 MW.
IBERDROLA, committed to offshore wind energy
IBERDROLA is committed to fostering the development of offshore wind technology , key to the company’s future growth. It is advancing in this industry with the necessary caution that any large investment demands.
With offices in Glasgow, London, Berlin, Madrid and Paris, the Offshore Business Division of IBERDROLA is developing a project pipeline of over 11,000 MW across Europe. Key projects are located in the United Kingdom, Germany and France.
It is one the most challenging renewable energy programmes in history, through which some 40,000 new jobs will be created, thus boosting economic development in the areas where projects are being developed.
West of Duddon Sands, developed jointly by IBERDROLA and Dong in the Irish Sea, will be the first offshore project to begin construction. With an installed capacity of 389 MW, the facility will create 500 construction jobs and will be commissioned in 2013.
Among the long term projects, East Anglia offshore stands out for its size. When completed, it will be the world’s largest offshore wind farm, with 7,200 MW capacity, enough to supply 5 million homes.
East Anglia Offshore Wind (EAOW), a 50-50 joint venture between Vattenfall and ScottishPower Renewables, has formally submitted a planning application for the first phase, a 1,200MW offshore wind farm off the coast of East Anglia. The development, known as East Anglia One, will require up to 325 wind turbines covering an area of 300 km2 in the southern North Sea. The project will be able to power the annual electricity demands of around 800,000 homes.
Also, the consortium led by IBERDROLA and Eole-RES is conducting geotechnical feasibility studies at its 500 MW offshore wind project in the area of Saint-Brieuc, off the coast of Brittany, in France.
With renewables operations in 23 countries, IBERDROLA is the world leader in its sector by both installed capacity, with over 14,300 MW at the end of September 2012, and output, with over 23,300 million kilowatt hours generated in the first nine months of 2012.

[mickefett]

26/12/2012
THE QUALITY AND ENVIRONMENTAL MANAGEMENT OF IBERDROLA’S GLOBAL LIBERALISED BUSINESS RECEIVES AENOR CERTIFICATION



AENOR Quality and Environmental certifications in accordance with the ISO 9001 and ISO 14001 standards encompass all activities undertaken by the Company's Liberalised Business in Spain, the UK and Mexico


AENOR (Spanish Standardisation and Certification Association) has awarded IBERDROLA's Global Liberalised Business the Global Certifications in Quality Management and Environmental Management Systems in accordance with the ISO 9001 and ISO 14001 standards, respectively, for its Power Generation, Energy Management and Marketing activities carried out in Spain, the UK and Mexico, as well as for its various support service departments. In the case of Marketing activities, the awarding of the ISO 9001 certificate also includes Portugal.

The obtaining of such acknowledgements, which ensure the diffusion and implementation of the Company's good practices within Global Liberalised Business when managing the more relevant activities, reflects the efforts made by all the organisations involved, who focus their actions on the international integration of their management while respecting the particularities and needs of each country.

At a ceremony held at the IBERDROLA building in Madrid, the Director General of AENOR, Avelino Brito Marquina, presented the certifications to the Managing Director of the Company's Global Liberalised Business, Francisco Martínez Córcoles, which encompass each of the certifications issued previously by AENOR to the different Divisions that make up the Group's Global Liberalised Business.

According to the audits that were conducted, one of IBERDROLA's greatest strengths is the commitment of the Global Liberalised Business management towards the environment in which it operates and the continual improvement of its procedures.

IBERDROLA places its full confidence in AENOR as a certifying agency thanks to its vast international experience and prestige in the identification of synergies, unification of criteria and reduction of costs.

This year, the Group has set itself the goal of obtaining the global Liberalised Business certification and maintains a standing commitment towards the implementation of its strategy for quality and ongoing improvement in the management of all its procedures and activities by employing the highest standards of quality and excellence.

AENOR has awarded IBERDROLA 75 Management System certifications, which support the Company's competitiveness in such areas as ISO 9001 Quality Management; ISO 14001 Environmental Management; OHSAS 18001 Occupational Health and Safety; EMAS Validation; Information Security and R+D Projects.

[mickefett]

09/01/2013
Morgan Stanley Latam Executive Conference in Miami

Morgan Stanley Latam Executive Conference in Miami
Local: Key Biscayne, Flórida
.
.
15/01/2013
Santander 17th Annual Latam Conference

Santander 17th Annual Latam Conference
Local: Cancun, México
.
.
22/01/2013
Credit Suisse – VI Equities Ideas Conference

Credit Suisse – VI Equities Ideas Conference
Local: São Paulo
.
.
29/01/2013
APIMEC

APIMEC
Local: Rio de Janeiro
.
.
01/02/2013
Production report 4Q12

Production report 4Q12
.
.
27/02/2013
4Q12 - Financial Performance Report

4Q12 - Financial Performance Report
.
.
28/02/2013
Conference call/webcast – 4Q12

Conference call/webcast – 4Q12
.
.
04/03/2013
Frontier markets non-deal roadshow

Frontier markets non-deal roadshow
Local: Malásia e Taiwan

.
.
06/03/2013
Citi Global Resources Conference

Citi Global Resources Conference
Local: Londres
.
.
14/03/2013
Citi Latam Conference

Citi Latam Conference
Local: Nova Iorque

[atze50]

hi micki,

was sollen eigentlich immer diese völlig aussagelosen blöden Meldungen v. dir?

[mickefett]

Antwort auf Beitrag Nr.: 43.960.960 von atze50 am 26.12.12 22:34:56

Hallo Atze,

was soll eigentlich diese völlig unbegründete blöde Anmache von dir?

[Anjay]

Antwort auf Beitrag Nr.: 43.961.652 von mickefett am 27.12.12 12:06:03

Hallo Mickefett,

danke für Deine Infos - ich finde sie hilfreich.

Grüße,
Anjay

[ALF-FRED]

Wie wird sich die Verstaatlichung auf den Aktienkurs auswirken ? Jemand eine Idee ?

[mickefett]

@ Anjay, Alf-Fred: Vielen Dank für Eure Unterstützung.


Von Verstaatlichung ist mir nichts bekannt bei Iberdrola. Die Situation des spanischen Staates würde auch eher für Privatisierung sprechen, wenn der Staat noch Anteile an großen Unternehmen, wie Iberdrola, hätte.

Der Einfluß des Staates ist abgesehen von der Besteuerung sowohl in Spanien als auch in Großbrittannien im sogenannten reglementierten Markt zu sehen, d.h. die Stromabgabepreise für bestimmte Abnehmer müssen mit dem Staat abgestimmt werden. Aber bis jetzt scheint sich Iberdrola auch mit den reglementierten Strompreissystemen ganz gut zurecht zu finden.

[mickefett]

28/12/2012
IBERDROLA OFFERS ITS SHAREHOLDERS THE RIGHT TO RECEIVE FREE SHARES IN THE COMPANY OR €0.143 PER SHARE IN CASH



On occasion of the annual interim dividend payment for 2012 and the sixth edition of the 'Iberdrola Flexible Dividend'
Shareholders will need 28 free-of-charge allocation rights to gain one new share in the Company, with no withholding tax
Shareholders opting to receive the dividend payment in cash may sell their rights to IBERDROLA at the guaranteed price or sell it on the market



Within the framework of the Iberdrola Flexible Dividend (scrip dividend) programme, enabling its shareholders to receive additional shares in the Company free of charge or withholding tax, IBERDROLA reported to the Spanish National Stock Market Commission (CNMV) today that 28 allocation rights will be needed to obtain one free share.

This sixth edition of the programme for the 2012 interim dividend payment also gives shareholders the option to receive the dividend in cash. To request remuneration in cash based on IBERDROLA's purchase commitment, shareholders must give notice thereof between 3 and 14 January, otherwise the default option will be to receive additional free shares.

Shareholders opting to receive cash remuneration may sell their rights directly to IBERDROLA or on the market. When opting for the former, there is a withholding tax of 21 % and the Company offers a fixed price of €0.143 for each free-of-charge allocation right. Shareholders opting to sell their allocation rights on the market will not be required to pay any withholding tax, but they also will not have a guaranteed price.

Last November, the company’s Board of Directors approved a capital increase for a maximum benchmark value of €919 million to implement this scrip dividend scheme. This amount will be adjusted according to how many shareholders prefer to receive payment in cash.

The schedule for the sixth edition of the Iberdrola Flexible Dividend programme is as follows:


2 January 2013: Publication of the notification of the second rights issue in the Official Bulletin of the Commercial Registry (BORME) and record date for the free allocation rights.
3 January 2013: First day of trading of the new free allocation rights and start of period for requesting remuneration in cash by virtue of IBERDROLA's purchase commitment.
14 January 2013: End of period to request cash remuneration in cash by virtue of IBERDROLA's purchase commitment.
17 January 2013: End of the trading period for new free allocation rights and acquisition of the same by IBERDROLA from shareholders who have opted to receive cash.
22 January 2013: Cash payment to shareholders who have chosen to sell their rights to IBERDROLA.
24 January 2013: Assignment of record reference for the new shares.
25 January 2013: New shares start trading on the continuous market.

[mickefett]

Hab ich eben erst gesehen:

Bolivien verstaatlicht Energieunternehmen der spanischen Iberdrola


Autor: dpa-AFX
| 30.12.2012, 15:19 | 71 Aufrufe | 0 |

LA PAZ/MADRID (dpa-AFX) - Bolivien hat vier Unternehmen des spanischen Energiekonzerns Iberdrola verstaatlicht. Präsident Evo Morales unterzeichnete am Samstag ein entsprechendes Dekret für die Stromversorger Electropaz, Elfeo und Eldeser sowie den Verwaltungskonzern Cadeb, wie die lokale Nachrichtenagentur ABI berichtete. Die Verstaatlichung sei unabwendbar geworden, um gerechte Strompreise und eine gleichwertige Versorgungsqualität in Stadt und Land zu sichern, hieß es zur Begründung.

Die spanische Regierung bedauerte den Schritt. In einer am späten Samstagabend in Madrid veröffentlichten Mitteilung forderte das Außenministerium eine 'gerechte Entschädigung'. Außerdem hieß es, Bolivien müsse für Rechtssicherheit im Lande sorgen. Das sei für 'alle ausländischen Investitionen unerlässlich'. Nach spanischen Medienberichten vom Sonntag wird Iberdrola eine finanzielle Entschädigung von rund 75 Millionen Euro verlangen.



In Bolivien hatte Vizepräsident Álvaro García Linera zuvor verischert, Iberdrola werde eine angemessene Entschädigung bekommen. Die Aktien der Tochtergesellschaften sollen vom staatlichen Unternehmen Empresa Nacional de Electricidad (Ende) übernommen werden. Electropaz, das größte der verstaatlichten Unternehmen, versorgt 470 000 Kunden in La Paz mit Strom.



Die bolivianische Regierung hatte im Mai den größten Stromanbieter des Andenlandes, Transportadora de Electricidad, verstaatlicht, dessen Aktien sich zu fast 100 Prozent im Besitz des spanischen Energiekonzerns Red Eléctrica de España (REE) befanden./jg/DP/he

[mickefett]

DJ Iberdrola verkauft französische Sparte erneuerbare Energien



Von Christopher Bjork

Der spanische Stromversorger Iberdrola zieht sich aus dem Geschäft mit erneuerbaren Energien in Frankreich zurück. Die Tochter Iberdrola Renovables France SAS werde für bis zu 400 Millionen Euro an eine Gruppe von Investoren unter Führung von General Electric verkauft, teilte Iberdrola am Montag mit.

Der Verkaufspreis betrage 350 Millionen Euro. Dazu kämen nochmals 50 Millionen Euro, falls bestimmte Bedingungen erfüllt würden.

General Electric übernehme 40 Prozent der Sparte. Weitere 40 Prozent gingen an MEAG, eine Kapitalanlagegesellschaft der Versicherer Munich Re und Ergo. Die restlichen 20 Prozent kaufe EDF Energies Nouvelles.

Nicht enthalten in der Transaktion seien Offshore-Aktiva und ein Portfolio von Windenergie-Anlagen, die sich noch in der Entwicklung befänden. Diese Aktiva würden auf eine andere Iberdrola-Sparte übertragen.

Iberdrola Renovables France betreibt nach Angaben der Konzernmutter in Frankreich 32 Windenergie-Anlagen mit einer Kapazität von 321,4 Megawatt.

Kontakt zum Autor: [e-mail]

DJG/DJN/cln

(END) Dow Jones Newswires

December 31, 2012 03:03 ET (08:03 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

[sirspike]

hab ich das jetzt richtig verstanden:

Wenn ich meine Anrechte bis zum 17.01. nicht verkaufe, erhalte ich dafür 1:28 Aktien?

Aber in jeden Fall fallen Gebühren an, entweder fürs Einbuchen oder fürs Verkaufen?!

[nickelich]

Bei kleinen Paketen lohnt der Aktienbezug wegen hoher Gebühren meist nicht. Vorher mal die eigene Bank fragen, was sie berechnet.

[ALF-FRED]

Antwort auf Beitrag Nr.: 43.980.007 von sirspike am 03.01.13 23:08:03

wenn du deinen Freibetrag noch nicht ausgeschöpft hast fällt garnichts an bei der Einbuchung,
erst beim Verkauf fallen dann die üblichen 25 % an, da ja der Einstandswert mit 0,00 Euro eingbucht wird.

wenn du den Steuerfreibetrag schon ausgeschöpft hast, wird dir automatisch schon 25 % des Wertes der Bezugsrechte abgebucht als Steuer,allerdings dann auch beim Verkauf auch angerechnet,

Die Zuteilung der Bezugsrechte ist als Zufluss von Kapitalertrag im Sinne von § 20 Abs. 1 Nr. 1 iVm Abs. 3 EStG einzustufen.

hier noch die Übersetzung des Zeitplanes von der Homepage.....

Zeitplan




Der Zeitplan für die Scrip Dividend: "IBERDROLA Dividendo Flexible" Vergütungssystem ist wie folgt:



19, 20, 21, 24 und 27. Dezember 2012
Zeitraum für die Berechnung des Preises der Rechte an einer neuen Aktie und den Festpreis von IBERDROLA gewährleistet erwerben.


28. Dezember 2012
Disclosure, durch entsprechende Corporate Event, der Anzahl der kostenlosen Zuteilung erforderlichen Rechte zum Bezug einer Aktie und dem Kurs, zu dem IBERDROLA verpflichtet sich, die Rechte zu erwerben erhalten.


2. Januar 2013
Zuweisung der Rechte.


3. Januar 2013
Beginn des Bezugsrechtshandels.


3-14 Januar 2013
IBERDROLA kauft die Rechte zum Festpreis. Ende der Frist für den Antrag Barvergütung: 14. Januar.


3-17 Januar 2013
Bezugsrechtshandels. Letzter Tag, an dem Rechte verkauft oder gekauft werden können (gekauft, um eine ganze Aktien gesamt): 17. Januar 2012.


22. Januar 2013
Barzahlung für den Verkauf von Rechten an IBERDROLA.


24. Januar 2013
Zuordnung der Registry-Referenzen in Bezug auf die neu ausgegebenen Aktien.


25. Januar 2013
Termin für die ordentliche Handel der neuen Aktien erwartet.

[PenPistolero]

Hallo,

lt. Iberdrola Homepage fallen keine Gebühren an, wenn dir neue Aktien eingebucht werden.

Hab noch ne Frage wg. den Bezugsrechten: Kann ja auch Bezugsrechte kaufen und dann im verhältnis (1:28?) neue Aktien bekommen - beim aktuellen Kurs würde ich eine neue Aktie (28 * 0, 14 Euro) zu 3,9x Euro bekommen; also günstiger als über die Börse direkt. Oder habe ich hier einen Denkfehler?

[fredthejet]

Zitat von ALF-FRED: wenn du deinen Freibetrag noch nicht ausgeschöpft hast fällt garnichts an bei der Einbuchung,
erst beim Verkauf fallen dann die üblichen 25 % an, da ja der Einstandswert mit 0,00 Euro eingbucht wird.

wenn du den Steuerfreibetrag schon ausgeschöpft hast, wird dir automatisch schon 25 % des Wertes der Bezugsrechte abgebucht als Steuer,allerdings dann auch beim Verkauf auch angerechnet,

Hallo Alf-Fred,

meine Bank hat mir heute die Anrechte mit einem Einstandspreis von 0 € ins Depot gebucht. Gleichzeitig wurde sofort ein Teil meines noch nicht ausgeschöpften Freibetrages für 2013 abgezogen. Ist das korrekt ?

Danke + Grüße

[Anjay]

Antwort auf Beitrag Nr.: 43.983.958 von fredthejet am 04.01.13 21:01:03

Hallo zusammen,

die Gebühren der Bank fürs Einbuchen betragen genauso viel wie eine Kauf- oder Verkaufsorder beispielsweise 10 Euro.
Die Bank behandelt die Anrechte so als ob man eine Bardividende bekäme d.h. der Freibetrag wird beansprucht bzw. die Kapitalertragssteuer gezahlt.
Beim Umwandeln der Anrechte in Aktien wird dann dafür ein Einstandswert von €0.143*28 pro Aktie im Depot vermerkt und nicht 0€, wie hier auch behauptet wurde - sonst würde man doppelt die Steuer bezahlen!. Ich weiß, wovon ich schreibe, da ich am 04.07.2012 schon an der Umwandlung partizipieren durfte (siehe meine Beiträge in diesem Forum aus diesem Zeitraum). Damals wurde der Einstandwert auf 3,30€ pro Aktie im Depot festgesetzt und die Steuer für Anrechte sofort nach der Zuteilung fällig. Ich hoffe damit für ein wenig Klarheit gesorgt zu haben.

Grüße,
Anjay

[ALF-FRED]

Antwort auf Beitrag Nr.: 43.984.679 von Anjay am 05.01.13 00:50:40

Hallo Anjay

Gebühren fürs Einbuchen der Bank dürften nicht entstehen, da würd ich nochmal nachhaken bei der Bank - nur Steuern oder Feibetragreduzierung. Ist doch eine kostenlose Zuteilung der Rechte/Aktien.

[ALF-FRED]

Antwort auf Beitrag Nr.: 43.983.958 von fredthejet am 04.01.13 21:01:03

korrekt bei mir auch ohne Kosten oder Gebühren ( Volksbank )

[Anjay]

Hallo ALF-FRED,

danke für den Hinweis. Meine Formulierung war nich präzise genug. Die Gebühr wird nicht mit dem Einbuchen der Rechte sondern mit der Wandlung der Anrechte in Aktien am 24.01.2013 fällig.

[sirspike]

Laut meiner Bank zahle ich Gebühren beim Umwandeln der Anrechte in Aktien. Dafür zahle ich aber keine Quellensteuer. Der Freibetrag wird abgerechnet.
Beim Verkauf der Anrechte zurück an Iberdrola, bekomme ich die Bardividende unter Abzug der Quellensteuer. Keine Bankgebühr. Der Freibetrag wird auch abgerechnet.

Ich habe eh nicht viele Aktien, daher wären Gebühren und Quellensteuer ungefähr gleich hoch. Somit sehe ich keinen Sinn, die Dinger zu verkaufen.
Es lebe sowieso der Zinseszinseffekt.

@PenPistolero: Wenn ich das richtig gelesen habe, kann nur Iberdrola die Anrechte kaufen.

[mickefett]

Antwort auf Beitrag Nr.: 43.971.832 von mickefett am 01.01.13 14:58:54

Vielleicht ist die Pressemitteilung von Iberdrola zum Verkauf der französischen Windräder und zu den weiteren Verkaufsplänen doch ein bisschen erklärender als die deutsche Presseveröffentlichung:


31/12/2012
IBERDROLA ANNOUNCES SALE OF 32 WIND FARMS IN FRANCE TO EDF ENERGIES NOUVELLES, MEAG AND GE ENERGY FINANCIAL SERVICES



Sale is in line with IBERDROLA’s 2012-14 plan to divest non-core businesses
Transaction is valued at €350 million, plus and €50 million subject to wind resources



IBERDROLA has reached an agreement with a consortium of EDF Energies Nouvelles (20%), MEAG, asset manager of Munich Re and ERGO (40%), and GE Energy Financial Services (40%), a unit of GE, for the sale of 32 operating onshore wind farms in France totaling 321.4 megawatts.

The transaction, subject to regulatory approvals, among other details not disclosed, is valued at €350 million, plus an additional €50 million depending on wind resources at the wind farms.

The wind farms are spread throughout France, use a variety of manufacturers’ turbines, and went into operation from 2006-2012, with long-term contracts to sell the electricity under the French feed-in tariff.

This transaction is in line with IBERDROLA’s outlook for 2012-14 – presented in London last October – which contemplates divesting assets in non-core businesses and markets, for approximately €2 billion, to strengthen its balance sheet.

IBERDROLA has sold non-core assets valued at around €850 million so far this year, including the recently announced sale of its seven operating wind farms in Germany to MVV Energie AG, through its subsidiary MVV Windenergie GmbH and the sale of its 20% share in Medgaz to Fluxys.

Previous transactions included the sale of US-based companies The Energy Network (owner of Hartford Steam) to Energetix and NYSEG Solutions to Direct Energy; all its gas distribution assets in Spain (Madrid, Murcia and Valencia region); its 13.25% stake in Gas Natural Mexico; most of its shares in telecommunications operator Euskaltel – where it still holds a 2% stake – and the sale of GH Electrotermia, a company participated in jointly with BBVA through Corporación IBV.

IBERDROLA will continue its divestment programme in the coming months with the goal of reinforcing its financial strength, by reducing debt, improving financial ratios and maintaining its credit rating.

[fredthejet]

Danke für die Infos bzgl. der Dividende.
Hab heute auch entsprechende Post von meiner Bank bekommen.
Werde meine Anrechte jetzt in Aktien umtauschen lassen. :-)

[MarquisdeSade]

Hallo,

ich wähle bei Iberdrola und Repsol seit Einführung der Dividendo Seleccion stets die Aktien zur Ersparnis der spanischen Quellensteuer. Für die Einbuchung der neuen Aktien wurde mir bis heute niemals eine Gebühr in Rechnung gestellt ( Postbank ).

Wenn irgendetwas vom Broker berechnet wird, dann ist der Broker und nicht die Wahldividende daran schuld. So berechnet z.B. Flatex bei Zahlung ausländischer Dividenden stets eine Gebühr ( egal ob Aktien oder cash ).

[codiman]

Antwort auf Beitrag Nr.: 43.994.298 von MarquisdeSade am 08.01.13 13:02:25

Ich habe bei 4,10 € mal wieder ein paar verkauft und meine Posi auf 33 % gesenkt.
Man muss Gewinne mitnehmen gerade vor dem Hintergrund das
der spanische Staat (wie auch in Deutschland) massiv bei den
verbliebenden Unternehmen abkassieren möchte.


Gruß codiman

[MarquisdeSade]

Antwort auf Beitrag Nr.: 44.001.888 von codiman am 09.01.13 20:24:39

Müssen muß man gar nix, das ist deine Privatangelegenheit.

Für mich persönlich ist Iberdrola ein Witwen- und Waisenpapier mit jährlich ca. 10 % Dividende. Die halte ich bis zur Rente.

[codiman]

Zitat von MarquisdeSade: Müssen muß man gar nix, das ist deine Privatangelegenheit.

Für mich persönlich ist Iberdrola ein Witwen- und Waisenpapier mit jährlich ca. 10 % Dividende. Die halte ich bis zur Rente.

Ich habe die Dinger auch nicht endgültig verkauft.
Zur Zeit muss man halt auch ein wenig "flüssig" sein.
Außerdem habe ich noch meine EDP's. Die hatte ich ja aufgestockt.
Spätestens im Mai fliegen die aber raus.
Vielleicht stocke ich dann wieder Iberdrola auf.

Gruß codiman

[lvb28]

Zu den Meldungen:

ROUNDUP: Bolivien verstaatlicht Energieunternehmen der spanischen Iberdrola
30.12.
Bolivien verstaatlicht Energieunternehmen der spanischen Iberdrola

----
hat heute die EFE com in der bolivianischen LA Prensa mitteilen lasen, dass sie für die Verstaatlichung ihrer 4 Filialen in Bolivien, die
Electropaz, La Paz und ELFEO in Oruro, sowie die Edeser und die Firma Administradora de empresas boliviana etwa 100 Mio US Dollar Schadenersatz
fordern könnte.

Interessant istaber , das die Iberdrola auf ihrer Webseite bis gestern darüber nichts berichte hatte. Sie erwähnte zwar das sie gelobt wurde von der Organisation European Business Awards, aber von der Verstaatlichung war bisher keine Rede

[MarquisdeSade]

Antwort auf Beitrag Nr.: 44.014.883 von lvb28 am 12.01.13 21:01:40

Was sollen sie denn groß darüber berichten? Das Ganze ist noch vollkommen in der Schwebe bzgl. Ausgleichszahlungen und es sind u.a. auch andere Unternehmen wie General Eletric davon betroffen. Findet man denn bei GE dazu überhaupt eine offizielle Pressemitteilung?

[MarquisdeSade]

Codiman:

EDP ist auch ein schönes Witwen- und Waisenpapier....

[fr@nke]

Versorger Iberdrola will Scottish Power vorerst ganz behalten


LONDON (dpa-AFX) - Der spanische Versorger Iberdrola hat den geplanten Teilverkauf seiner britischen Sparte Scottish Power laut einem Pressebericht vorerst abgeblasen. Grund sei, dass der Verkauf von Vermögenswerten im vergangenen Jahr besser gelaufen sei als erwartet, schreibt die 'Financial Times' (Montag) unter Berufung auf mit der Sache vertraute Personen. Der Verkauf von Randbereichen habe mehr als die für 2012 vorgesehenen 850 Millionen Euro eingebracht. Insgesamt will sich der Konzern von Vermögenswerten in Höhe von zwei Milliarden Euro trennen, um die Schuldenlast zu verringern.

Dem Bericht zufolge hatte Iberdrola einen Teil seines britischen Stromanbieters bislang veräußern wollen. Der Konzern lehnte eine Stellungnahme auf Nachfrage der Zeitung ab./stw/jha/fbr

14.01.2013 - 09:32 | Quelle: dpa-AFX

[mickefett]

25/01/2013
IBERDROLA INGENIERÍA, TOGETHER WITH FOUR BASQUE COMPANIES, CARRIES OUT THE LARGE-SCALE ELECTRIC POWER STORAGE ALIA2 PROJECT



The initiative, which is part of the Company's commitment to innovation, is backed by the Basque regional government
The consortium has already completed the first stage of the project, which involved the design and manufacture of a 150-kW Storage System prototype based on lithium-ion
The aim of the ALIA2 project, in which the IBERDROLA subsidiary participates with CEGASA, OLDAR, IKOR and ORONA, is to create a Storage System with several megawatts of capacity, which will be the most powerful and reliable system available on the market
The infrastructure may be used by electric power generation and distribution companies and in other sectors as an alternative in the event of a supply failure in their facilities



IBERDROLA INGENIERÍA, together with the Basque companies Cegasa, Oldar, Ikor and Orona, is carrying out the Alia2 project, an innovative R&D initiative focused on large-scale electric power storage.

This consortium has successfully completed the first stage of the project, which involved the design and construction of a system based on lithium-ion capable of storing up to 150 kilowatts (kW).

The ultimate goal of this ambitious initiative, which was launched in 2010, is to build a Storage System based on lithium-ion with a capacity of several megawatts/hour that will be capable of delivering an amount of power five times greater than the energy stored in only 10 minutes, and will be the most powerful and reliable system available on the market when it comes into operation.

For the last three years, the Basque regional government, through the business development agency (SPRI), has been backing this project with funding channelled through research centres like IK4-CIDETEC and IK4-IKERLAN.

One innovative technological element of the ALIA2 project is the development of the battery pack concept, with a built-in cooling system, in a modular system where the lithium-ion cells are inserted as well as their corresponding protection systems, achieving the required voltage level and capacity. A control and protection module has also been created, which will be in charge of managing the electrical modules and will act as an interface with other modules or with the external grid system.

The new solution developed within the framework of this research will be highly relevant for electric power generation and distribution companies. These companies will be able to use this system in production plants using renewable energy, substations and transformer stations to improve grid services, the manageability of the energy produced and the synchronisation between production and demand.

In addition, this system, which uses 100% Basque technology, will undoubtedly also be extremely useful for other companies as a reliable alternative to electricity supply in the event of a supply failure in their facilities, namely: hospitals, trains, shopping centres, etc.

ALIA2, a project whose development is part of the IBERDROLA Group's firm commitment to innovation, is now in the testing stage, including the prototype and the auxiliary elements that will enable its integration into the electric grid.

Research into energy storage technologies has been in full expansion in recent years, particularly those based on lithium batteries. There are two driving forces in this area: the development of electric mobility, an area where the IBERDROLA Group is a global benchmark, and the integration of renewable energy into the electric grid, where the Company, as a global leader in wind power, has also played a key role.

[codiman]

S&P Equity belässt Iberdrola auf 'Hold' - Ziel 4 Euro



Das Analysehaus S&P Equity hat die Einstufung für Iberdrola auf "Hold" mit einem Kursziel von 4,00 Euro belassen. Die Profitabilität europäischer Energiekonzerne dürfte weiter durch staatliche Sparmaßnahmen gefährdet werden, schrieb Analyst Clive Roberts in einer Branchenstudie vom Montag. Zudem könnte der wachsende CO2-Ausstoß in China Länder weltweit zu einer strengeren Regulierung aufgrund umweltpolitischer Bedenken veranlassen. Das könnte europäische Stromversorger ebenfalls belasten. Insgesamt sei die Unsicherheit mit Blick auf den Sektor recht hoch. Dessen Bewertung könnte noch weiter sinken.

[codiman]

EdF and Iberdrola lead Greece's wind energy market




Electricite de France SA and Iberdrola Renovables SA’s Greek unit, Rokas Renewables, are the top producers in Greece’s wind energy market, which grew 7 percent in 2012, according to the Hellenic Wind Energy Association.

Total installed capacity increased by 115.2 megawatts to 1,749.3 MW last year, compared with a 24 percent advance the year before, according to a statement on the Athens-based association’s website on Tuesday.

EDF produced 17 percent of that, or 298.8 megawatts, while Iberdrola accounted for 14 percent.

“The wind energy market is dynamic and has important prospects,” the association said.

“Political stability and a stable investment environment are prerequisites” for growth in the industry.

Terna Energy SA, Enel Green Power SpA and Ellaktor SA are the other top producers in the country.

Investments in the industry stood at 150 million euros last year, with total renewable energy investment reaching 2.5 billion euros, according to the statement.

[codiman]

Credit Suisse belässt Iberdrola auf 'Outperform' - Ziel 4,70 Euro



Die Credit Suisse hat die Einstufung für Iberdrola auf "Outperform" mit einem Kursziel von 4,70 Euro belassen. Die regulatorischen Risiken in Spanien hätten deutlich abgenommen, schrieb Analyst Stefano Bezzato in einer Studie vom Donnerstag. Zudem komme der Stromversorger beim Schuldenabbau gut voran. Iberdrola sei im Vergleich zum ersten Halbjahr 2012 nun in einer klar besseren Position. Der Experte erhöhte seine Gewinnschätzungen. Das Papier ist in der "Europe Focus List" der Credit Suisse enthalten.


aber

Citigroup belässt Iberdrola auf 'Neutral' - Ziel 3,90 Euro



Die US-Bank Citigroup hat die Einstufung für Iberdrola auf "Neutral" mit einem Kursziel von 3,90 Euro belassen. Das Verschuldungsziel des Versorgers sei angesichts des spanischen Tarifdefizits außer Reichweite, schrieb Analystin Antonella Bianchessi in einer Studie vom Donnerstag. Allerdings seien weitere Maßnahmen zum Schuldenabbau eventuell nicht notwendig. So dürften rückläufige Anleiherenditen den Druck mindern. In der Zwischenzeit könnte es Steuerreformen geben, um die langfristige Profitabilität des Sektors zu sichern.

[mickefett]

31/01/2013
IGNACIO GALÁN GIVES OVERVIEW OF THE 2012 FINANCIAL YEAR FOR IBERDROLA GROUP EMPLOYEES



During the Chairman´s annual meeting with employees
The event was held via live multimedia connections with the Company’s main headquarters around the world
The Chairman thanked all employees for their commitment to the IBERDROLA business project and their dedication in a difficult environment


IBERDROLA Chairman Ignacio Galán today gave thanks to Group employees for their commitment to the IBERDROLA business project and their hard work during the 2012 financial year, as well as their dedication in a difficult environment.

The Chairman addressed the Company’s employees from the IBERDROLA Tower in Bilbao, the Company’s headquarters, with over 200 people present. The event was held simultaneously in five other cities in different countries through live satellite connections.

The Valencia (Spain), Glasgow (Scotland), Augusta (Maine, USA), Rio de Janeiro and Campinas (Brazil) offices held simultaneous meetings, with more than 700 professionals attending in person. Other IBERDROLA employees –nearly 30,000 in all- in dozens of countries, had the opportunity to connect online to this innovative interactive event.

This annual initiative provides direct contact between company employees everywhere and the Chairman, who answered questions by IBERDROLA employees in real time.

Addressing employees, Ignacio Galán stressed that the Group has laid the foundations for the next phase of economic growth, reflected in its 2012-2014 outlook, presented in London last October.

The Company's strategy is based on consolidating its financial strength by moderating investments, mainly focusing on networks and renewable energy businesses, as well as divesting assets in non-strategic countries and implementing improvements in energy efficiency.

In 2012, IBERDROLA achieved its targets and has completed divestments amounting to €850 million, almost half of that expected for the three-year period. All this was accomplished "despite the adverse economic and regulatory environment, especially in Spain," noted Galán.

Projects for 2013

During the event, Galán also discussed projects to be carried out in 2013. In Spain, highlights here included the completion of the new 800 MW La Muela hydroelectric pumping station with 800 MW in Valencia and the beginning of the expansion of the San Pedro plant in Orense.

In the UK, the Chairman singled out construction of the first subsea line between Scotland and England spanning a total of 420 kilometers, the 136 MW Harestanes wind farm and the 400 MW West of Duddon Sands offshore wind farm, the biggest project ever of this type by the Group. Elsewhere, he noted the planned construction start for ScottishPower’s new headquarters in Glasgow.

In the US, the Company will continue work on the 800 km high-voltage power line in Maine, of which more than 50% has already been completed.

For Brazil, Ignacio Galán highlighted Elektro´s integration in the Group, which will maximize synergies and improve efficiency. The main projects in this country include the construction of large hydroelectric facilities, such as the 1,820 MW Teles Pires plant and the 350 MW Baixo Iguaçu plant, as well as wind farms.

Galán also highlighted IBERDROLA´s commitment to its employees and the environment, which are in line with the values ​​of transparency, ethics, innovation and respect for the environment that shape the Company. In this respect, he stressed a focus on innovative projects which has led the Company to head the European Commission’s R+D+i ranking for European utilities.

IBERDROLA also achieved the highest score of the Dow Jones Sustainability Index and has become the leading company in its sector, with a level of emissions 30% lower than the average for European utilities and more than half of its output emission-free.

In addition, IBERDROLA will maintain the social policies which have been in place for years now, employing advanced work-life balance and committing to ensure its workforce continues to receive the best training.

As part of the its commitment to society, 800 young people have had the opportunity to receive practical training at the company through scholarships and apprenticeships and more than 100 have completed postgraduate studies at British, Spanish and American universities sponsored by the IBERDROLA Foundation.

[mickefett]

01/02/2013
IBERDROLA INGENIERIA SPEARHEADS DEVELOPMENT OF KEY ITER PROJECT, VALUED AT OVER €150 MILLION



Leading a consortium that includes Spanish firm Elytt Energy and Italian firm ASG Superconductor
In the Italian town of La Spezia, the company is building the 10 coils that will be installed in the International Thermonuclear Experimental Reactor (ITER), the most important nuclear fusion project in the world
The IBERDROLA subsidiary is also collaborating on other ITER project initiatives, such as the First Wall Panel and engineering projects



As part of a consortium that also includes Spanish firm Elytt Energy and Italian company ASG Superconductors, IBERDROLA INGENIERÍA has started to build the coils that will be installed inside the International Thermonuclear Experimental Reactor (ITER), the world’s most important nuclear fusion project.

With a budget exceeding €150 million and considered to be one of ITER’s most important parts, the engineering and manufacturing of 10 large superconductor coils in the Italian town of La Spezia has now begun.

Weighing 100 tonne each, the coils were planned and designed by the same consortium in the first stage of the initiative. They will be in charge of generating a magnetic field that will keep the plasma in place in the chamber of the reactor.

This project, known as the technological core of ITER, is one of the key challenges currently undertaken by the European industry.

IBERDROLA INGENIERÍA is responsible for project management, engineering and quality control and balance–of–plant related engineering work. Italian firm ASG Superconductors is responsible for the coil manufacturing operations. Lastly, Elytt Energy is assisting ASG on defining the manufacturing processes for the coils.

The support of the Spanish Ministry of Science and Innovation, through the technology institutes CIEMAT and CDTI, has enabled IBERDROLA INGENIERÍA to become a benchmark for innovation in other key technology projects where it has participated.

Among the contracts awarded to IBERDROLA INGENIERÍA worth €20 million, we can highlight the design and manufacture of the First Wall Panel semi-prototype in a joint-venture with Leading Enterprise and AMEC. Since 2005, the company has been involved in the development of engineering, mechanical and electrical services for the the Vacuum Chamber project, including control panels and facilities.

The ITER project seeks to demonstrate the feasibility of producing energy in a nuclear fusion reactor and aims to be the definitive test bed prior to the construction of electricity generation plants based on this technology. It is a joint project involving the European Union, United States, China, Japan, Russia, South Korea and India.

[codiman]

IGNACIO GALÁN GIVES OVERVIEW OF THE 2012 FINANCIAL YEAR FOR IBERDROLA GROUP EMPLOYEES

Die Ergebnispräsentation ist anscheinend nicht auf Zustimmung getroffen.

[mickefett]

Antwort auf Beitrag Nr.: 44.094.177 von codiman am 01.02.13 18:25:35

Woraus schließt du, dass die Ergebnispräsentation nicht auf Zustimmung gestoßen sei?

[codiman]

Antwort auf Beitrag Nr.: 44.094.320 von mickefett am 01.02.13 18:54:25

Weil seitdem der Kurs um 5 % gefallen ist,
oder sind dass die verkauften Gratisaktien, die den Kurs drücken ?



So einen Effekt hatte ich letztes Jahr bei EDP beobachtet.

[codiman]

Antwort auf Beitrag Nr.: 44.094.364 von codiman am 01.02.13 19:06:21

Bei 3,80 € ausgestoppt.

[mickefett]

Antwort auf Beitrag Nr.: 44.101.149 von codiman am 04.02.13 16:54:41

Ich glaube, dass du da Pech gehabt hast. Das ist nur eine politische Börse, der man ja kurze Beine nachsagt. Aber vielleicht hält ja auch die miese Stimmung in Madrid noch ein paar Tage an und du kommst billiger wieder rein.

[codiman]

Der Abwärtstrend ist jetzt wieder intakt:


gelbe Linie = 120 Tage

[kleftiko]

Die Citigroup hat RWE von der Liste der "Least Preferred Stocks" europäischer Versorger gestrichen, die Einstufung aber auf "Sell" mit einem Kursziel von 27,00 Euro belassen. Die RWE-Aktie habe sich zuletzt unterdurchschnittlich entwickelt, schrieb Analystin Sofia Savvantidou in einer Branchenstudie vom Mittwoch.

Den Platz von RWE nehme nun das Papier von Iberdrola ein.

http://www.handelsblatt.com/economy-business-und-finance-ana…

[mickefett]

14/02/2013
IBERDROLA EARNS €2,841 MILLION IN 2012 DRIVEN BY INTERNATIONAL GROWTH

Annual General Meeting convened for March 22 with pre-tax attendance bonus of €0.005 per share
Net profit from international business rose 35% to €1,979 million and contributed 70% to the total
In Spain, which only made up 30% of net profit, earnings fell 36% to €862 million, back at 2000 levels despite having invested €20 billion in the country since 2001
Group revenues rose 8.1% to more than €34.2 billion
Ebitda came to €7,726.6 million, on the back of growth in all international businesses and 75% was from regulated areas
Liquidity was above €12 billion, enough to cover financial needs for more than 3 years
Divestments came to €850 million and investments to €3,259 million, allocated mostly to regulated businesses
Debt declined nearly €1.4 billion and gearing improved to 47.1% including the tariff deficit
All businesses generated positive cash flow, and operating cash flow rose 2.5% to €6,196 million
IBERDROLA will maintain shareholder remuneration at around €0.3 per share before tax in line with dividend policy announced last October and will reduce capital following a share buyback, thereby improving EPS
| Event connection through webcast |

IBERDROLA net earnings rose 1.3% in 2012 to €2,840.7 million, driven essentially by strong performance in international business which now accounts for 70% of the total and rose 35% to €1,979 million. In Spain, net profit fell 36% to €862 million, falling back to 2000 levels despite the Company having invested more than €21 billion in the country since then.
At the same time, the Board of Directors has approved a proposal to call an Annual General Meeting for next March 22, with a pre-tax attendance bonus of €0.005 per share.
With these results, the Group becomes one of the few European companies to have maintained stable performance since the beginning of the crisis. Since 2008, its net profit has been above €2.8 billion year after year and the 2012 figure was after value adjustments of €428.7 million relating mostly to renewable energy asset, specifically development costs at wind farms, the Alberta Hub pipeline and a portfolio of Gamesa assets.
Gross operating profit (Ebitda) rose 1% to €7,726.6 million. By business areas, Ebitda increased in generation and retail by 3.7% to €2,355 million, and in renewables where it rose 13.8% to €1,620.3 million while networks stood at €3,773.7 million. Regulated business made up 75% of total Group Ebitda.
In renewables, Ebitda rose 13.8% and excluding thermal business in the U.S. it would have increased by 15.8%. These results derive from increased operating capacity (+4%) and a higher load factor which led to production increasing by 10.7% in all geographic areas, together with higher prices and improved efficiency. Total installed capacity was more than 14,000 megawatts (MW) and production was close to 32.000 GWh.
Operating cash flow rose 2.5% to €6,196.4 million with revenues rising 8.1% to €34,201 million while gross margin increased 4.6% to €12,578 million thanks mainly to increased international activity and exchange rate impacts. Operating profit (Ebit) declined 2.8% to €4,376.9 million.
Progress in meeting 2012-2014 Outlook objectives
During the year IBERDROLA made good progress towards objectives set in the 2012-2014 Outlook announced last October. Non-strategic divestments were concluded worth €850 million of the €2 billion planned for asset sales in the three years, which the Company considers sufficient to meet its objectives. Among these operations were the sales of renewables assets in France and Germany, gas assets in the U.S. and Mexico and stakes in Medgaz and Euskaltel.
At the same time, the Group continued to moderate investments, which came to €3,259 million, of which 61% went to networks, underlining IBERDROLA’S focus on businesses with secure and predictable revenues.
In line with 2012-2014 objectives, the Company continued efforts to strengthen the balance sheet, ending the year with liquidity of €12,043 million, enough to meet financing needs for more than three years. It also reduced debt by €1,381 million to €30,324 million. Excluding the €2,409 million pending receipt from the tariff deficit, IBERDROLA’s debt stood at €27,915 million.
Gearing, excluding the deficit, improved to 45%. Including the deficit it stood at 47.1%. Average life of the debt was 6.2 years with an average cost of 4.51%. The Group again improved its financial ratios: funds from financial operations (FFO) to net debt came to 20.4% and retained cash flow (RCF) to net debt to 17.1%, including the tariff deficit.
Key operating aspects by country
1. Spain: net earnings fell 36% to levels of 2000
Ebitda in Spain fell 5.2% to €3,695 million, while net profit fell 36% to €862 million, back to levels of the year 2000, despite IBERDROLA having invested more than €21 billion in the country since 2001. Spain contributed only30% to group net profit. This above all reflects regulatory measures in new legislation (Royal Decree 13/2012 of last March), tax measures from Law 15/2012 and lower production, with a negative impact in networks and generation, respectively.
In this respect, the year was marked by a 10% cut in remuneration for distribution and by increases in local taxes amounting to 12.3%. By businesses, Ebitda from networks fell 13.3% to €1,348.3 million, mostly reflecting lower regulated revenues with a negative €233 million impact from applying Royal Decree mentioned above.
In generation and retail, business in Spain was hit by a 15.5% drop in production including a nearly 40% fall in hydro. However, a Supreme Court ruling on financing the social tariff contributed to Ebitda rising 2.2% to €1,605.4 million.
These regulatory measures approved by the Government in 2012 have not contributed to a definitive solution for the tariff deficit, the main problem affecting the sector, as they have had a negative impact on activities that are in fact the most efficient.
In any event, the Government has taken some positive steps to securitize the 2012 tariff deficit and avoid accumulation of additional deficit in 2013. These steps are aimed at guaranteeing reasonable returns for regulated activities, establishing incentives for distribution through reduced leakages and improved quality of service, recognizing financial costs of financing previous tariff deficits and a credit line for the industry ministry up to €2.2 billion. It is nonetheless vital to continue taking additional structural measures to ensure elimination of the tariff deficit beyond 2013.
2. United Kingdom: growth in all businesses
In the United Kingdom, Ebitda for regulated and liberalised businesses rose 12.3% to €1,297.9 million, in large part due to a stable regulatory framework, in particular networks where it will be in effect until 2021.
On the basis of this regulatory stability, IBERDROLA has set investments in the country at €4,385 million between2012-2014, 42% of the total and focused on networks and renewables. Since 2008, investments in the country have increased 30% and in 2013 are projected at €1.6 billion, 61% higher than the average for 2010-2012. Of this year’s investments, around 47% will be in networks and just over 40% in renewables.
In 2012, investments came to €1.16 billion, with a positive impact on new job creation. During the year, ScottishPower announced plans to recruit 300 new engineers and technicians, responding to needs for new network projects as a first wave of a total of 1,500 new jobs to be created. Among the main projects is a new 400 km high voltage subsea cable – the HVDC project - linking Scotland and England.
By business areas, all activities recorded improved results. Ebitda from networks rose 12.6% to €937.7 million (+6% in pound sterling terms) due mainly to increased revenues from a larger asset base and appreciation of the pound against the euro.
In generation and retail, Ebitda rose 11.8% to €360.6 million (+4% in pound sterling terms), due to lower costs and improved prices compensating a fall in production. However, there was a 134.5% increase in costs related to the government’s environmental and energy efficiency programmes (CERT/CESP).
In retail, the Customer base increased 7% to 5.6 million, with ScottishPower improving its customer satisfaction returns in the principal consumer rankings (USwitch, Which?, Ofgem).
While the regulatory framework in the United Kingdom is positive for networks, there is nonetheless a need to make progress on legislation currently in the UK Parliament to reform the electricity market. This will provide the necessary certainty for investment in major generation projects.
3. US business: growth in networks
Ebitda from networks business in the United States rose 20.5% to €660.2 million. At the end of 2012, the group’s subsidiary Iberdrola USA had 1.86 million points of supply in the U.S. with a volume of distributed energy totalling 31,573 GWh, a rise of 1.2% over 2011.
Factors in the positive performance have been higher revenues and exchange rate movements which offset the effect of non-strategic asset sales during the year and the impact of Storm Sandy which came to €48 million.
In this regard, the Iberdrola USA subsidiaries CMP, NYSEG and RG&E each received the Emergency Recovery Award as well as the Emergency Assistance Award from the Edison Electric Institute (EEI) for their actions in the aftermath of Hurricane Sandy. The EEI’s Emergency Recovery and Assistance Awards are given annually in recognition of extraordinary efforts to restore electricity supplies following severe weather.
These subsidiaries were recognized by EEI for their extraordinary efforts to restore electricity supplies and for the support and assistance they provided to fellow utilities in Connecticut, New York and New Jersey following the super storm.
Among important achievements during the year, Central Maine Power completed 50% of its major transmission project, the Maine Power Reliability Program, which involves upgrading the interconnection between New England and Canada with a total investment of $1.4 billion. The 50% mark was completed with installation of a new 345kv substation at Lewiston in December.
Elsewhere, CMP also completed the installation of 620,000 smart meters for its customers, the first project of its type in the state of Maine and one of the largest in the United States.
4. Brazil & Mexico: contribution continues to increase
Brazil, in the regulated business area, achieved Ebitda of €827.9 million, a decline of 7% that reflected a tariff review for Elektro last August, as well as depreciation of the Brazilian real and the negative impact of drought during the period. Compensating this was a 4.6% increase in demand and the impact of consolidating Elektro for the full 2012 year.
In this market, where it has become the leading distributor of electricity by number of customers, the Group expects growth in the coming years in transmission and distribution as well as regulated generation (hydro and wind). Of the €10.5 billion in net investments set by IBERDROLA for 2012-2014, 23% or €2,415 million, will go to Latin America, mainly Brazil.
In Mexico, Ebitda rose 5% to €380.1 million, helped by improved margins and an appreciation of the dollar.
In coming years, the Company will seek new opportunities that may arise from any opening of the Mexican energy sector that promotes public and private sector collaboration.
Annual General Meeting
The Board of Directors approved at a meeting late yesterday in Bilbao a proposal to call an Annual General Meeting for next Friday March 22 on first call and Saturday 23rd on second call. It also agreed to pay a pre-tax attendance bonus of €0.005 per share (€5 per 1,000 shares) to shareholders present or represented at the AGM.
The Board also decided to propose total shareholder remuneration for the 2012 year of around €0.3 per share before tax. This includes the €0.143 per share gross corresponding to the share purchase rights for shares paid in January under the Iberdrola Flexible Dividend plan, which offers investors the option of receiving free shares or obtaining cash by selling their free subscription rights, either to the Company or in the open market. In the context of a new edition of this plan to enter effect this summer, the Company will commit to acquire rights at a minimum of €0.127 per share before tax.
In this context, one of the points of the agenda for the next AGM will be approval of two free capital increases, the first with a maximum reference market value of €883 million and the second for up to €1,021 million to cover the issue of free shares that shareholders request.
Reduction of share capital by 2.4%
The Board also will propose a share capital reduction of 2.4%, to be carried out immediately through the amortization of around 87.9 million shares from treasury stock, representing 1.4% of the capital, and the acquisition of treasury stock of up to a maximum of 1% of share capital – 62.8 million shares – through a repurchase plan.
The Company’s improved finances, following asset disposals and tariff deficit securitization, allow it to put this share repurchase plan into effect, which will improve shareholder remuneration.
This plan, which will in addition include 0.1% assigned to meet obligations relating to a share plan for employees, will remain open until May 31 at the latest. Approval of this proposal will bring benefits to all IBERDROLA shareholders, who will see earnings per share (EPS) improve.
Also to be submitted for shareholder approval will be the naming of Manuel Lagares Gomez-Abascal as proprietary director representing Banco Financiero y de Ahorros, S.A., announced by the Company last August 21.
After submitting the annual accounts to the AGM, approval will also be sought for the Board’s actions during the year, as well as the re-election of Ernst & Young as auditors for 2013. Elsewhere, the Board will propose a number of modifications to the bylaws to adapt them to recent legislative changes and introduce technical improvements. Finally, there will be a consultative vote on the Annual Report on remuneration of Board Directors.
IBERDROLA, ready to achieve its goals
IBERDROLA will seek growth in 2013 in the United Kingdom, the United States and Latin America where the company is concentrating its investments. At the same time, it will continue to reduce debt while generating positive cash flow in all businesses, with sufficient liquidity to cover financing needs for three years and divesting non-strategic assets.
Regardingbusiness areas, the Company is targeting growth in networks in the UK and US, increased customer base and sales in the UK and higher hydro and wind production in Spain.
In this context, the Group is well prepared for any adverse circumstances thanks to a strong balance sheet, international diversification and a low-risk business mix focused on stable and predictable activities.
The Company is confident of meeting objectives set for 2012-2014, which aim at strengthening finances while sustaining profits. Strategy will therefore be aimed at cutting debt, moderating investments, divesting non-strategic assets and markets, and improving efficiency.

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11/03/2013
IBERDROLA CONSOLIDATES LEADERSHIP AS MOST SUSTAINABLE UTILITY

The company’s strategic approach based on international growth and the development of renewable energies has been key to its success, particularly in wind power where it has become the world leader with an installed capacity of over 14,400 megawatts
IBERDROLA has been listed as the top utility company in the prestigious Dow Jones Sustainability Index (DJSI) 2012, the main international benchmark measuring companies’ contribution towards sustainable development.
The Company achieved an overall score of 87 points, well above the industry average which stood at 61 points, thus consolidating its leading position as a result of making protection of the environment one of the pillars of its business activity.
In this edition, IBERDROLA was awarded 92 points in the economic analysis (industry average being 65); 85 in the environmental aspects (industry average at 54); and 85 points in the social area (industry average being 63).
The DJSI acknowledges IBERDROLA Group for its policies focused on fighting climate change, protecting biodiversity, reducing the carbon footprint and encouraging innovation and eco-efficiency.
The company’s strategic approach based on international growth and the development of renewable energies has been key to its success, particularly in wind power where it has become the world leader with an installed capacity of over 14,400 megawatts (MW).
IBERDROLA has also been commended for its sustainable supplier policy and its excellent corporate governance practices. It is the only international electricity utility to have been included in all 13 editions of the DJSI, which shows its strong commitment to the environment and sustainable development while highlighting the company’s response to the main economic, environmental and social challenges facing energy policy in Spain and the European Union.
The environmental dimension of its operations has always been a priority in IBERDROLA’s business planning. The company promotes innovation, eco-efficiency and the gradual reduction of its activities’ environmental impact.
In this regard, the company has put in place an Integrated Environmental Management System (IEMS) in compliance with the UNE-EN ISO 14001:2004 standard, enabling it to reduce environmental risks, improve resource management and optimise investments and costs.
Furthermore, IBERDROLA has also developed several sustainability policies, such as the Environmental Policy [PDF], the Biodiversity Policy [PDF] and the Climate Change Policy [PDF] defining the principles for environmental management optimisation across the Group.
Among the environmental initiatives launched by the company we can highlight the Annual Inventory of greenhouse gas emissions, which is certified according to the UNE ISO 14064-1:2006 standard. IBERDROLA was the first Spanish company and one of a pioneering few worldwide to quantify its carbon footprint and obtain certification from the Spanish Association for Standardisation and Certification (AENOR) for its emissions portfolio at Group level, including all of its operations in Spain, U.K., U.S. and Latin America.
The company provides comprehensive information on all of these initiatives and its strategy focusing on sustainable development on the website www.togetheragainstclimatechange.com.

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Dow Jones heute 12:26H:

Schwäche zeigen dagegen die Aktien großer europäischer Strom- und Gasversorger. Hier lastet eine Studie der Investmentbank J.P. Morgan auf den Kursen. Die Analysten warnen vor allem vor den regulatorischen Eingriffen in das Geschäft der Versorger in Spanien. Aktien von Endesa geben daraufhin 2 Prozent nach, Iberdrola um 0,4 Prozent. Im Dax liegen E.ON und RWE bis zu 0,3 Prozent unten. Der Sektor ist mit minus 0,2 Prozent Minus die einzige Branche im roten Bereich.

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DJ Iberdrola verdient wegen geringerer Stromnachfrage weniger


Von David Roman

MADRID--Belastet von einer niedrigeren Stromnachfrage und höheren Steuern hat der spanische Versorger Iberdrola zum Jahresauftakt deutlich weniger verdient. Das Nettoergebnis sank um 14 Prozent auf 878,6 Millionen Euro. Im Vorjahr lag der Gewinn von Iberdrola noch über der Milliardengrenze. Analysten hatten allerdings mit einem Gewinnrückgang in dieser Größenordnung gerechnet.

Die Stromerzeugung sank in den drei Monaten um 5,6 Prozent, teilte das größte Unternehmen der Branche in Spanien mit. Am Heimatmarkt lag es allerdings nicht, hier kletterte die Erzeugung um 5,3 Prozent. Für ein Land, in dem die Wirtschaft am Boden liegt, ist das ein ungewöhnlich hoher Wert.

Besonders schlecht lief es für den Konzern aus Bilbao dagegen in Großbritannien. Hier sank die Erzeugung deutlich um 15,4 Prozent. Auch in den USA und in Lateinamerika ging es abwärts.

Kontakt zum Autor: [e-mail]

DJG/DJN/kla/bam

(END) Dow Jones Newswires

April 24, 2013 03:15 ET (07:15 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

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24/04/2013
IBERDROLA RECORDS FIRST QUARTER EARNINGS OF € 878.6 MILLION

Comparison with the same period last year is affected by higher taxation on generation in Spain and temporary additional energy costs in Brazil, among other factors
Renewables and generation and supply drive a 5.5% rise in gross margin to €3,573 million
Group efficiency improved by 4.6%; Ebitda was 3.7% lower at €2,279 million, with 72% from regulated businesses
For the first time, levies paid by the Company (€464 million) exceeded personnel costs (€434 million), particularly in the UK and Spain where they were 30% higher
Net debt was reduced by €2 billion and gearing to 44.5%
Continued progress in meeting parameters in the 2012-2014 Outlook: non-strategic asset sales came to €1.1 billion, most of which will be received in the second quarter
Liquidity exceeded €12.2 billion, enough to cover financing needs for more than 3 years
The company sees net profit ending the year at levels similar to 2012 and shareholder remuneration policy maintained, with the expected offsetting of some of the negative impacts incurred in the first quarter
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IBERDROLA net earnings came to €878.6 million in the first quarter of 2013, a decline of 14.1%, while Ebitda was down 3.7% at €2,278.8 million. Regulated businesses accounted for 72% of total Ebitda. These results were conditioned by a series of temporary factors that distort comparison with the same period last year some of which will be offset in 2013 and 2014.
Specifically, these factors included additional energy costs in Brazil as a result of the prolonged drought there, the cost of energy efficiency programmes in the UK and the difference between a 1 percentage point reduction in corporate tax rates in this country in the first quarter of 2012 with a compensating effect from expected from a further cut in the second half of 2013. Discounting these factors, Group Ebitda would have risen 0.6% in the quarter, while net profit would have increased 2.8%.
Gross margin rose 5.5% to €3,573.1 million, driven by strong performance in renewables which rose 20.1% and in generation and supply which was up 11.1%. This offset poorer results in networks which declined 5.8%, mostly affected by the situation in Brazil. Operating efficiency improved 4.6%, with a decline in net operating costs against gross margin to 24.7% from 25.9%.
However, good business performance has been offset by increased taxes in the first quarter. For the first time, levies totalling €464 million (excluding court resolutions in Spain during the period favourable to the company), exceeded personnel costs of €434 million in the quarter. In particular, these levies exceed net personnel costs by more than 30% in Spain and the UK. In Spain, new tax levels approved by the Government in the final quarter of 2012 came to €122 million, including taxes on generation, levies on hydro and the nuclear tax.
At the same time, a positive impact from the reimbursement of €52 million in eco-taxes in Castilla- La Mancha during the first quarter was less than the €100 million positive impact of a Supreme Court decision regarding the financing of a fuel poverty scheme in Spain (bono social).
Elsewhere, operating cash flow stood at €1,732 million at the end of the first quarter, down 4.8%. In all businesses, operating cash flow exceeded investments executed in the period totalling €630 million: this comprised came to €414 million in networks, €42 million in generation and supply and €146.3 million in renewable and the rest in other business areas.
Progress in achieving parameters of 2012 – 2014 Outlook
In the first quarter, IBERDROLA progressed further in meeting the parameters of its 2012-2014 Outlook, as well as continuing to strengthen its balance sheet. Adjusted net Group debt at the end of March stood at €27.79 billion, excluding €1,918 million outstanding in reimbursement due from the tariff deficit. Including the deficit, the debt stood at €29.71 billion.
Compared to the same period last year, debt has already been reduced by around €2 billion, in line with the Group’s objective of cutting debt by €6 billion.
IBERDROLA has moved ahead with its non-strategic asset divestment plan, with sales to date of €1.1 billion, most of which will be disbursed in the second quarter of this year. Securitization of the tariff deficit carried out by government agency Fade since January2012 amounts to €2.8 billion, plus an additional €432 million corresponding to IBERDROLA from a new Fade issue on April 23.
As a result, gearing was reduced to 46.1%, including the tariff deficit, from 48.5% at the end of the same period last year. Excluding the deficit, this stood at 44.5% against 46.9%. This progress enabled the Company to improve financial ratios: the ratio of funds from financial operations to net debt standing at 20.6% and that of retained cash flow to net debt at 17.6%, also including the tariff deficit.
Key operating aspects of first quarter 2013
1. Networks business: peor comportamiento en Brasil
Ebitda from networks businesses came to €1,005.9 million, a decline of 6.1%. Efficiency gains, a broader asset base in the UK and higher contribution from the US as a result of higher revenues, including the Maine transmission line project, partially compensated performance in Brazil where Ebitda fell 51.6% against a 10.7% rise in other geographical areas.
In Brazil, despite a 5.4% increase in demand, a reduction in tariffs had a €39 million impact in the first quarter. Business there was also affected by additional costs relating to drought conditions which had a negative impact of €68 million and which will be recovered in the second half of 2013 and in 2014, as well as a 16% depreciation of the Brazilian real.
In the UK, the Group is adjusting the accounting value of its assets to meet new regulatory requirements in this country, resulting in a €17 million increase in operating costs.
2. Generation and Supply: taxes increase by 330%
This area recorded Ebitda of €749.7 million in the first three months, a decline of 9.5%. Higher production and a broader customer base in the UK helped offset the increase in taxes. Compared to the same period last year, levies on these businesses rose 330.4% to €252.1 million.
In Spain, a 6.6% fall in production was compensated by lower costs resulting from good hydro yields. Production was also lower in the UK (-15.4%) mainly due to the closure of the Cockenzie plant. Sales nevertheless increased as a result of a 7.3% higher customer base, lower temperatures and higher tariffs to reflect a rise in non-energy costs.
3. Renewables: ebitda rose 20.8%
Improved efficiency and good wind yields in the first quarter saw Ebitda rise 20.8% over the same period last year to €533.3 million. Wind production rose 16.7% to 9,877 gigawatt hours (GWh), while net operating costs against average production was reduced by 5.9%.
This solid operating performance enabled the Group to offset the negative effects of higher taxation and new regulatory measures. During the first quarter, levies applied to the renewables business rose 158.7% to €50.1 million. The new 7% tax on generation in Spain had a negative impact in this business of €26 million.
The new regulated tariff applied in Spanish wind farms as a consequence of Royal Decree Law 2/2013 translated into a 5.3% drop in final prices, equivalent to €13 million less.
IBERDROLA prospects for 2013
Progress towards meeting parameters set in the 2012-2014 Outlook, and the offsetting of some of the negative factors in the first quarter is expected to enable the Company to meet a series of projections for 2013, among them that of maintaining net profit at levels similar to 2012.
IBERDROLA also expects to maintain its policy of shareholder remuneration of around €0.3 per shares until the 2014 financial year, subject to approval by the AGM.
IBERDROLA’s liquidity position remained comfortable, standing at €12,261 million at the end of March, enough to meet financing needs for more than three years.

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IBERDROLA COMPLETES GEOTECHNICAL STUDIES FOR ITS WIKINGER OFFSHORE WIND FARM IN GERMANY

This work represents a key milestone to obtain project certification and planning consent from the regulator BSH
The €20 million geotechnical feasibility campaign was conducted on the site of the offshore wind project
The findings will be used to define the dimensions and design of turbine foundations and will determine the wind farm installation method
The development of Wikinger offshore wind project is progressing quickly, with construction scheduled to begin in 2015 and full commissioning in 2017
Key geotechnical feasibility studies on the site of Wikinger offshore wind farm have been successfully concluded, with a total cost of €20 million.
The studies comprised a full geological survey of the seabed in an area of some 34 square kilometres. Also, stratigraphic samples of sedimentary and metamorphic rocks were drilled out and seismic surveys using sound waves to determine the structure of the terrain were carried out.
These works represent a key milestone to achieve project consents for construction works by the regulator Bundesamt für Seeschifffahrt und Hydrographie (BSH). The findings will be used to define dimensions and design of turbine foundations and will confirm the method of installation of the wind farm, including cabling and electrical substation.
Wikinger is a 400-megawatt (MW) wind farm in the Baltic Sea, some 35 kilometres off the coast of the German Island of Rügen. With an investment of €1.5 billion, the project will generate €650 million in local and regional taxes through a 20 year period and will create some 2,000 direct and indirect jobs. Once in operation, the wind farm will produce electricity equivalent to the consumption of more than 350,000 German households and would avoid the emission of almost 600,000 tons of CO2/year.
Development of the Wikinger offshore wind project is progressing quickly, with construction scheduled to begin in late 2015 and commissioning in early 2017, in order to qualify to the current feed-in-tariff system. To achieve this, in November 2012, a preferred turbine supplier agreement was signed between IBERDROLA and Areva Wind, with production centre in Bremerhaven.
IBERDROLA has already launched the tender process for the procurement and installation of foundations, inter-array cable and the main components of the wind farm substation, totaling some €900 million. Also, progress is being made on the port selection for pre-assembly and transportation of components and wind turbines to the site, and an announcement is expected in the coming weeks.
If everything goes according to plan, including grid connection being secured by 2016 or early 2017 and the applicable feed-in tariff being confirmed, final investment decision on the project will be made towards the end of 2013 and the first procurement contracts should be awarded in early 2014. In this respect, IBERDROLA welcomes investor reassurances expressed by senior German authorities about the need for long term stability of the regulatory framework. Nevertheless, grid connection availability, a stable tariff mechanism and an agile consenting process are essential to avoid unnecessary costs and risks and meet investors’ expectations.
IBERDROLA’s offshore wind project pipeline in Germany stands at over 2,000 MW. By the end of 2013, over €70 million will be invested in the development of Wikinger alone, and by 2019 the company could invest over €3 billion in offshore wind projects in the German Baltic Sea, to install 1,000 MW

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21/05/2013
IBERDROLA BOARD OF DIRECTORS APPROVES SHARE CAPITAL REDUCTION OF 2.4%



Having met the objective set for the share repurchase plan
The Company will amortize 150.74 million treasury stock shares, bringing total capital to 6,130.43 million shares
The Board has also established the schedule of the new edition of the 'Iberdrola Flexible Dividend' plan, corresponding to the final dividend payment against the Company´s 2012 results


IBERDROLA Board of Directors, meeting today, has approved a share capital reduction of 2.4%, according to the proposal validated by the General Shareholders’ Meeting held on March 22 in Bilbao.

The share capital reduction will be carried out through the amortization of treasury stock and a share repurchase plan for subsequent amortization.

Through the implementation of its share repurchase plan over the last few weeks, the Company has acquired in the market 68.48 million shares, representing 1.09% of share capital. This amount is sufficient to meet commitments to the Group's employee stock options plan and meet the programme’s objective.

In this regard, IBERDROLA has reduced its share capital by €113.06 million, via amortization of 150.74 million treasury stock shares, with total share capital standing at €4,597.82 million represented by 6,130.43 million shares.

Calendar for the seventh edition of Iberdrola Flexible Dividend plan

In addition to implementing the share capital reduction, the Board of Directors also approved, today, the calendar for the new edition of the Iberdrola Flexible Dividend plan, corresponding to the final dividend payment against 2012 results.

In the seventh edition of the scrip dividend plan, whereby shareholders can opt between receiving the dividend in cash and obtaining company shares at no cost, IBERDROLA will offer shareholders a dividend of at least €0.157 gross per share, confirming the announcement made in April.

Taking into account the interim dividend paid out in January (€0.143 per subscription right), in the sixth edition of Iberdrola Flexible Dividend plan, total shareholder remuneration will be thus maintained around €0.30 per share.

The final calendar for the latest edition of Iberdrola Flexible Dividend plan is as follows:


1 July 2013: announcement of the number of free allocation rights required to obtain one new company share and the guaranteed fixed purchase price for subscription rights that IBERDROLA would commit to.
2 July 2013: publication of the capital increase execution in the Boletín Oficial del Registro Mercantil. It is also the reference date for assigning free allocation rights.
3 July 2013: trading in subscription rights starts and timetable begins for shareholders to request payment in cash, in line with the purchase commitment made by IBERDROLA.
12 July 2013: last day to request payment in cash through the sale of rights to IBERDROLA at a fixed guaranteed price.
17 July 2013: end of rights trading period. IBERDROLA buys free subscription rights from shareholders that opt for cash payment.
22 July 2013: payment of the price of free subscription rights acquired by IBERDROLA under its purchase commitment.
25 July 2013: assignment of registries to shares to be issued in relation to the capital increase.
26 July 2013: new IBERDROLA shares issued as a result of the capital increase start trading.


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22/05/2013
IBERDROLA CHAIRMAN AND PRESIDENT OF GALICIA INAUGURATE SANTO ESTEVO II HYDRO POWER PLANT IN SPAIN



Galicia’s largest hydroelectric power plant began commercial operation two months ago
During his speech, Ignacio Galan, reiterated Iberdrola’s commitment to the industrial development of Galicia, where the Group has invested over €1.1 billion in the past ten years
Galicia’s largest hydroelectric power complex has an estimated annual production of 1,000 gigawatts/hour (GWh), enough clean power to meet average energy demand of approximately 285,000 homes


IBERDROLA chairman, Ignacio Galan, and the head of Galicia’s regional government, Alberto Nuñez Feijoo, today unveiled a plaque to commemorate the commissioning of Santo Estevo II, a new hydroelectric power plant built in the Sil river basin, close to the village of Nogueira de Ramuin (Ourense).

During the event Galan highlighted the Group’s commitment to the region of Galicia, where the company has invested over €1.1 billion and made purchases of €1.2 billion from more than 200 local providers in the past ten years alone.

“It is our intention to continue supporting Galicia as we have until now, actively supporting local manufacturers and service providers and being an engine for growth” said Galan who announced completion of San Pedro power plant extension, downstream from Santo Estevo, for 2016.

IBERDROLA chairman also emphasised the importance of hydroelectric power since plants can provide power on demand whilst balancing loads from wind energy and other variable generation technologies.

Also in attendance were Galicia’s Secretary of Energy and Industry, Francisco Conde, the Secretary of Environment and Infrastructure, Agustin Hernandez, the Director General of Nature Conservation, Ricardo Garcia-Borregon and the Spanish Government representative in Galicia, Samuel Juarez.

From IBERDROLA, the event was also attended by the Group’s Corporate Resources Director, Fernando Becker and the Director of Liberalised Business for Continental Europe, Baldomero Navalon.

The new Santo Estevo II facility optimizes existing infrastructures: dam, reservoir, substation and export power lines, with a capacity of 176.9 megawatts (MW). To minimize environmental impact, the new powerhouse has been built underground, one of the most important engineering feats in the region’s recent history.

Thus, Galicia’s largest hydroelectric power complex has been created with 441 MW total installed capacity and estimated annual production of 1,000 gigawatts/hour (GWh), enough clean power to meet average energy demand of approximately 285,000 homes.

During the first quarter, while the plant was undergoing tests – commercial operation began on 27 February – the plant has produced 200 GWh, equivalent to the average consumption of 57,000 homes over a year.

This new facility has already met some of the first goals its construction set to achieve: sluice control and balancing flows downstream and optimizing exploitation of an indigenous, renewable energy source. Thus, the plant has saved more than 80 cubic hectometres by regulating water flows.

Work at Santo Estevo II begun in September 2008 and was completed at the end of 2012, strictly meeting its construction schedule. In those four years, IBERDROLA invested €127 million and created more than 300 jobs in the region, with 60% of all recruits being Galician or residents in Galicia.

[nof_k]

Ich hatte vor einiger Zeit ein Auge auf Iberdrola geworfen, und seitdem auf einen günstigeren Einstiegskurs gewartet. Dieser schien mir nun heute gekommen zu sein, doch dann mußte ich festellen, dass scheinbar gerade eine Kapitalmaßname läuft.

http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=E…

Leider reicht mein Spanisch nicht, um das alles vollständig zu erfassen. Kann mir da jemand behilflich sein, bzw. ist hier schon jemand investiert, der mir da Details nennen kann?

Scheinbar findet ja unter der WKN A1W1K0 seit heute ein Bezugsrechtehandel statt?

Danke.

[nof_k]

Antwort auf Beitrag Nr.: 44.974.043 von nof_k am 03.07.13 13:52:52

Da war ich wohl zu voreilig, denn ich sehe gerade, dass es die Seite auch auf Englisch gibt:

http://www.iberdrola.es/webibd/corporativa/iberdrola?IDPAG=E…

Die Bezugsrechte sind also eine handelbare Dividende, die zum Bezug von 1/30 Iberdrola-Aktien berechtigt?

[Rudi07]

Antwort auf Beitrag Nr.: 44.974.221 von nof_k am 03.07.13 14:12:28

ja, für 30 Bezugsrechte gibt es eine neue Aktie.

Zweiter Teil der Dividende in Höhe von EUR 0,13 ( erster Teil war im Januar ).

[nof_k]

Antwort auf Beitrag Nr.: 44.974.345 von Rudi07 am 03.07.13 14:24:22

Vielen Dank für die Auskunft.

An welchem Stichtag musste man denn die Aktie haben, um die Dividende zu erhalten? Und wie sieht das genau aus: Bekommt man vom Unternehmen vorher eine Anfrage, ob man die Bezugsrechte oder die Cash-Dividende beziehen will?

[Rudi07]

Antwort auf Beitrag Nr.: 44.974.489 von nof_k am 03.07.13 14:36:37

das ex-Datum habe ich im Moment nicht im Kopf.

Es gibt eine Cash-Dividende in Höhe von 0,03 Euro und die sogenannte Scrip-Dividende in Höhe von 0,127 Euro.

Für die Scrip-Dividende gibt es drei Wahlmöglichkeiten, unter anderem den Bezug von neuen Aktien über die Bezugsrechte.

Zusammen mit der Dividende im Januar diesen Jahres in Höhe von 0,143 Euro
beträgt die Dividende insgesamt 0,30 Euro.

[nof_k]

Antwort auf Beitrag Nr.: 44.974.839 von Rudi07 am 03.07.13 15:16:34

Gut, mir ging es in erster Linie darum, ob der Kursabschlag heute vollständig auf eine exD-Notierung zurückzuführen ist. Dem ist dann wohl nicht so, und jetzt lässt es sich eh nicht mehr ändern, denn mir wurden inzwschen zu ~3,82 EUR einige Stücke verkauft.

Danke, und einen schönen Tag wünsche ich noch.

[ALF-FRED]

Antwort auf Beitrag Nr.: 44.975.291 von nof_k am 03.07.13 16:05:06

Iberdrola zahlt 2 mal im Jahr,

gestern gab es die Divi und heute sind die Anrechte im Depot eingebucht,

im Januar geht's dann weiter, hast dann halbjährlich immer mehr Aktien im Depot da du dich um nichts kümmern mußt wenn du die Aktien möchtest, ansonsten hast du die Möglichkeit die Anrechte zu verkaufen, dann fällt aber zusätzlich ausländische Quellensteuer an,

[MarquisdeSade]

Zitat von nof_k: Gut, mir ging es in erster Linie darum, ob der Kursabschlag heute vollständig auf eine exD-Notierung zurückzuführen ist. Dem ist dann wohl nicht so, und jetzt lässt es sich eh nicht mehr ändern, denn mir wurden inzwschen zu ~3,82 EUR einige Stücke verkauft.

Danke, und einen schönen Tag wünsche ich noch.

Gestern war ex-dividende sowohl für cash wie auch die Anrechte. Dein Kaufpreis enthält den vollen Dividendenabschlag.

[nof_k]

Antwort auf Beitrag Nr.: 44.980.651 von MarquisdeSade am 04.07.13 10:47:30

Und der Dividendenabschlag betrug 0,03€ + 0,13€ bzw. Bezugsrecht, wenn ich's richtig verstanden habe? Oder wolltest du damit sagen, dass ein Kauf am 3. Juli nicht zur Halbjahresdividende im Januar 2014 berechtigt?

[Changeling]

Hi,

bin neu hier, habe ein paar Iberdrola-Aktien und deshalb Post von meiner Bank bekommen, die ich nicht verstehe. Vielleicht könnt ihr mir helfen.

Iberdrola bietet den Umtausch von alten nach neuen Aktien im Verhältnis 30/1 an. Soweit klar.

Wenn ich nichts unternehme, bekomme ich die neuen Aktien, soweit auch klar.

Dann geht das Schreiben weiter, und ab hier gibt es ein, zwei Fragen:

---------------------------------------------------------------------------
Mein/unser Depotbestand STK 1.225 Bezugsrechte WKN A1W1K0
Meine/unsere Bezugsrechte sollen wie nachstehend verwendet werden:

[] Kauf 5 Bezugsrechte

[] Verkauf 25 Bezugsrechte

Bezug ____________________ Gratisaktien

oder

[] Verkauf aller Bezugsrechte

oder

[] Entgegennahme der Bardividende (ggf. unter Abzug ausl. Steuern)
---------------------------------------------------------------------------

Meine Fragen sind jetzt:

(1) Kauf von 5 Bezugsrechten / Verkauf von 25 Bezugsrechten / Bezug von X Gratisaktien? Mit -25 oder +5 Bezugsrechten mache ich 1225 durch 30 teilbar, ok, aber was hat das mit Gratisaktien zu tun?

(2) Wie viele Gratisaktien stehen mir wohl zu? Ich werde ja wohl kaum eine beliebige Wunschzahl in das leere Feld eintragen können :-)

(3) Überhaupt: Bezug von Gratisaktien klingt gut, aber warum sollte mir Iberdrola etwas "gratis" geben?


Danke für eure Hilfe.

[nof_k]

Antwort auf Beitrag Nr.: 44.981.975 von Changeling am 04.07.13 13:18:26

Die stehen 40,83 Gratisaktien zu. Ich würde das so verstehen, dass du einen Teil deiner Dividende als Gratisaktien beziehen kannst, und den andern Teil als Cash-Dividende.

Also, z.B. Bezug von 15 Gratisaktien und 25,83 BzgRechte * 0,13 € in Cash.

[Changeling]

Zitat von nof_k: Die stehen 40,83 Gratisaktien zu. Ich würde das so verstehen, dass du einen Teil deiner Dividende als Gratisaktien beziehen kannst, und den andern Teil als Cash-Dividende.

Also, z.B. Bezug von 15 Gratisaktien und 25,83 BzgRechte * 0,13 € in Cash.

[nof_k]

Zitat von nof_k: Die stehen 40,83 Gratisaktien zu. Ich würde das so verstehen, dass du einen Teil deiner Dividende als Gratisaktien beziehen kannst, und den andern Teil als Cash-Dividende.

Also, z.B. Bezug von 15 Gratisaktien und 25,83 BzgRechte * 0,13 € in Cash.

Blödsinn, so ist es im Beispiel natürlich richtig:
Bezug von 15 Gratisaktien (= 450 bzgRechte) und 775 BzgRechte * 0,13 € in Cash.

[Changeling]

Hi, danke, aber ich glaube dass durch Kauf oder Verkauf von Bezugsrechten eine Zahl erreicht wird, die durch 30 teilbar ist, also 1225 + 5 = 1230 / 30 = 41 oder 1225 - 25 = 1200 / 30 = 40.

Was ich nicht verstehe sind die Gratisaktien. Sind das die Aktien, die ich durch den Eintausch meiner Bezugsrechte erhalte, also 40 bzw. 41 Stück? Das würde Sinn ergeben, denn diese Zahl kann ich erst eintragen, wenn ich mich für Zu- oder Verkauf von Bezugsrechten entschieden habe. Aber "gratis" ist da ja nicht.

Noch seltsamer wird es weiter unten in dem Schreiben, wenn von "Bonusaktien" die Rede ist:

---------------------------------------
Die Gesellschaft schüttet eine Bardividende für das Geschäftsjahr 2012 in Höhe von EUR 0,13 (abzüglich 21 % spanischer Quellensteuer) pro Aktie aus. Wahlweise kann diese Bardividende in Bonusaktien entgegen genommen werden. Wenn von dieser Wahlmöglichkeit Gebrauch gemacht wird, erfolgt
kein Quellensteuerabzug.
---------------------------------------

Wieviele Bonusaktien sind das? Am Stichtag dieser Entscheidung war Iberdrola 4,021 EUR wert. Beim Tausch von 30/1 kosten die neuen Aktien 4,021 * 30 = 120,63 EUR. Nehme ich statt Dividende von 0,13 * 1225 = 159,25 EUR Aktien ein, bekäme ich 1,32 Aktien, was erstens nicht funktioniert und zweitens kein Bonus ist, weil ich ja die Aktien bezahle.

Mir schwirrt der Kopf. Wenn ich wieder klar denken kann, werde ich Leiter Investor Relations bei Iberdrola.

[MarquisdeSade]

Zitat von nof_k: Und der Dividendenabschlag betrug 0,03€ + 0,13€ bzw. Bezugsrecht, wenn ich's richtig verstanden habe? Oder wolltest du damit sagen, dass ein Kauf am 3. Juli nicht zur Halbjahresdividende im Januar 2014 berechtigt?

Dividendenabschlag für das 1. Halbjahr. Für Januar 2014 bist du dividendenberichtigt, falls du am record date ( irgendwann im Januar 2014 ) die Aktien noch hast.

[nof_k]

Antwort auf Beitrag Nr.: 44.982.599 von Changeling am 04.07.13 14:22:14

Changeling, die Antwort sthet doch hier, zwischen deinen Beiträgen, im Forum:

Die Aktien sind insofern gratis, da sie dir als Dividende zustehen. Deine alten Aktien bleiben dir, so wie sie sind, vollständig und ohne Umtausch erhalten.

Du musst dich nur entscheinden, ob du eine Bardividende oder die Dividende in Form neuer (zusätzlicher) Aktien haben willst!


+++++

@Marquis: Danke für die Info.

[mickefett]

04/07/2013
IBERDROLA BEGINS EXTENSION OF SAN PEDRO HYDROELECTRIC POWER PLANT



Following commissioning of Santo Estevo II, in operation since February
The Company will invest €52 million in the construction of the new plant
During the next three years of construction, IBERDROLA will generate up to 190 direct jobs


IBERDROLA has initiated the main construction phase at San Pedro hydroelectric plant extension project, located in the river Sil, in the municipality of Nogueira de Ramuín (Ourense).

The new phase, San Pedro II, will add 25 megawatts (MW) to the existing facility which has an installed capacity of 32 MW. IBERDROLA will invest €52 million to deliver the new power house that will be partially located underground.

During the next three years of construction, IBERDROLA expects to create up to 190 direct jobs.

In order to ensure security and progress at the construction works, the Company has closed a private access road linking Peares village and Santo Estevo power plant, located upstream of San Pedro. Both plants can be reached via the A Rasa main road.

Construction of San Pedro II comes a month after IBERDROLA chairman, Ignacio Galán, and the President of Galicia’s Regional Government, Alberto Núñez Feijoo, inaugurated the Santo Estevo II power plant, in operation since February.

San Pedro hydroelectric plant acts as a reservoir for Santo Estevo, controlling the Sil river flow. Once extension of the latter was completed, it was necessary to also extend the former.

With 441 MW installed capacity and a €127 million overhaul, Santo Estevo has become the largest hydroelectric complex in Galicia, able to produce 1,000 gigawatt hours (GWh) annually, enough clean power to meet average energy demand of approximately 285,000 homes.

Built completely underground, the extension of the original plant, now referred to as Santo Estevo II, is perfectly integrated into the surroundings: the Sil river canyon.

Once construction of San Pedro II is finished and with Santo Estevo II already commissioned, IBERDROLA would have fulfilled the objectives these extension projects set to achieve: sluice control, balancing flows downstream and optimizing exploitation of an indigenous, renewable energy source.

[mickefett]

22/07/2013
IBERDROLA AND PORT OF SASSNITZ SIGN OFFSHORE TERMINAL LEASE FOR WIKINGER WIND FARM



The company reaffirms its commitment to Germany’s renewable energy market
Around 100,000 m2 of storage and pre-assembly area have been secured for the foreseen installation period
Key activities to be hosted in the port include load-in from transport vessels, storage and load-out to installation vessels of the main components of the project
The development of Wikinger offshore wind project is progressing quickly, with construction scheduled to begin in 2015 and full commissioning in 2017


(Jürgen Blume, in charge of IBERDROLA in Germany and Erwin Sellering,Prime Minister of Mecklenburg-Western Pomerania.)


IBERDROLA, through its Berlin-based subsidiary IBERDROLA Renovables Offshore Deutschland, and Fährhafen Sassnitz GmbH have announced the signature of a lease agreement for the Port’s Offshore Terminal South, which will be used for storage and pre-assembly activities of the Wikinger project installation. The contract was signed last Friday at a ceremony presided over by Mr. Erwin Sellering, Prime Minister of Mecklenburg-Western Pomerania.

After assessing nearby port facilities, the Offshore Terminal South (OTS) at the Port of Sassnitz (FHS) has been selected as the optimum alternative for warehousing, assembly, storing, and transportation of components and wind turbines to the site. An area of approximately 100,000 m2 has been secured for the foreseen installation period.

Key activities to be hosted in the port include load-in from transport vessels, storage and load-out to installation vessels of the main components of the wind farm, such as foundations, piles, jackets, wind turbines and cable.

Under the terms of the contract, offices for the project installation management, marine coordination and transfer of staff to the site will also be based at the terminal.

Wikinger wind farm project contemplates installation of up to 80 offshore wind turbines, founded on pre-piled jackets, in an area located approximately 30 km NE of Rügen Island, in the German Exclusive Economic Zone in the Baltic Sea.

With an investment of up to €1.5 billion, the project will generate €650 million in local and regional taxes through a 20 year period and will create around 100 direct and indirect local jobs. Once in operation, the wind farm will produce stable, safe and clean electricity equivalent to the consumption of more than 400,000 German households.

Development of the Wikinger offshore wind project is progressing quickly, with construction scheduled to begin in late 2015 and commissioning in early 2017, counting on the current feed-in-tariff system.

A full geological survey of the seabed in an area of some 34 square kilometres on the project site was successfully concluded in early May, representing a key result to achieve further consenting steps by the Bundesamt für Seeschifffahrt und Hydrographie (BSH).

The tender process for the procurement and installation of foundations, inter-array cable and key components of the offshore substation, totaling some €900 million, has already been launched.

Also, to secure the availability of the turbines, a preferred turbine supplier agreement was signed by IBERDROLA and the German Areva Wind in November 2012. The contract includes foundation and tower design optimization, project logistics, installation concept and project certification.

If everything goes according to plan, including grid connection being secured by 2016 or early 2017 and also keeping a satisfactory feed-in tariff, the first procurement contracts should be awarded in early 2014. In this respect, IBERDROLA welcomes investor reassurances expressed by senior German authorities about the need for long term stability of the regulatory framework. Nevertheless, grid connection availability, a stable tariff mechanism and a streamlined consenting process are essential to avoid unnecessary costs and risks and meet investors’ expectations.

IBERDROLA’s offshore wind project pipeline in Germany stands at over 2,000 MW out of which 1,000 MW could be installed in the German Baltic Sea by 2019. Towards the end of 2013 over €70 million will be invested in the development of Wikinger alone.

[mickefett]

24/07/2013
IBERDROLA RECORDS €1,728 MILLION NET PROFIT IN FIRST HALF, DOWN 2%



Ebitda was stable at €4.05 billion, a slight decline of 0.9%
Taxes and levies rose 79% over the same period last year to €863 million
Cost reduction enabled Group efficiency to improve by 7.6%
Continued progress in meeting 2012-2014 strategic outlook goals: divestments surpass €1.2 billion
Lower investments and sales of non-core assets helped reduce debt by €3,225 million and improve gearing to 45% compared with 48.3% at the end of June last year



| Event connection through webcastOpen in new window. |

IBERDROLA recorded net earnings of €1,728 million in the first half of 2013, down 2% on the same period last year. Gross operating profit (Ebitda) held at levels similar to last year, standing at €4,051 million, a slight decline of 0.9%.

Gross margin improved 5.8% to €6,676.4 million, with increases across all businesses and countries where IBERDROLA operates, except in Brazil which was negatively impacted by a tariff review at Elektro and excess energy costs resulting from adverse climate factors.

Recurring net profit rose 2.8% to €1,402 million, with strong business performance offsetting a sharp increase in levies and taxation that rose 79% during the period to €864 million compared to the €481 million corresponding to the first half of 2012. This amount includes taxes on generation in Spain, amounting to €252 million, and the impact of €95 million from energy efficiency programmes in the UK.

The Company continued to improve operating efficiency with a 7.6% gain compared to the same period last year. Net operating expenses declined 2.2% to €1,762 million driven by efficiency programmes in effect.

IBERDROLA recorded the best operational ratios among the leading European utilities by market capitalization and thereby strengthened its position as a benchmark for the sector. At the end of 2012, the ratio of installed megawatts (MW) to workforce was 1.5 for Iberdrola compared to 0.9 MW for the average of European utilities. The Company was also first in the ranking of installed MW to renewables workforce at 7.2 and in points of supply to networks workforce at 1,650 against 2.3 and 805, respectively, for the average of the other major 5 European utilities.

Net operating profit (EBIT) was 65.3% down at €881.7 million due primarily to writeoffs of development costs related to the renewables project portfolio, reflecting uncertainty arising from current market conditions as well as an adjustment of asset values in the US and Canada. These adjustments are reflected in provisions which stand at €1,657 million.

Financial costs were 15.2% or €568 million lower mainly as a result of a reduction in the average outstanding balance of net debt and a positive impact from currency hedging.

Corporate taxation registered a positive €1,460.5 million, a consequence of the Law 16/2012 offering the option of effecting a balance sheet adjustment that allowed a revaluation of assets for tax purposes in line with pre-determined coefficients that incorporate inflation.

Some of IBERDROLA's subsidiaries in Spain have opted to take this option and revalue certain assets. According to norms governing balance sheet adjustments, the amortization of revalued amounts is tax deductible from 2015 and throughout the remaining life of those assets. It also establishes payment of a 5% tax on the amount revalued in the financial year of the adjustment in order to be eligible.

As a result of this balance sheet adjustment, IBERDROLA increased the value of some assets for tax purposes in Spain by €6,323 million. The amount tax deductible against this revaluation came to €1,854 million while the 5% tax represented €316 million. As a result, the net amount under Corporate Taxation came to €1,538 million. Under IFRS norms both the 5% tax and the entire fiscal savings accruing from the asset adjustment should be incorporated into this year's accounts, independently of whether the savings are realised from 2015 and over the remaining life of the revalued assets.

Net earnings were 2% lower at €1,728 million, but improved business performance enabled the Company to maintain shareholder remuneration levels in 2013.

IBERDROLA contributed a total of €5.3 billion to public finances in 2012 in the countries where it operates through taxes and other levies, of which 49% was in Spain even though the country accounted for only 30% of Group net earnings last year.

This sum is likely to increase by the end of 2013 with the Company having already contributed €2.7 billion in the first six months, a rise of 23% over the same period last year with a significant increase in outlays in Spain which now accounts for 56% of the total.

Strategic Outlook goals achieved, solid finances

During the period, IBERDROLA made further progress in strengthening its balance sheet, enjoying liquidity of €11,945 million by end June, enough to meet financing needs for 36 months.

Net Group adjusted debt came to €28.8 billion, a reduction of €3,225 million against the same time last year, not taking into account €2,153 million pending repayment from the tariff deficit. Including this amount, debt stood at €26.65 billion against €29.32 billion in the first six months of 2012.

IBERDROLA also continued to advance in its non-strategic asset divestment plan, with €1.2 billion sold to date of which €800 million has been received. Gearing, including the tariff deficit, stood at 45% at the end of June compared to 48.3% in June last year, and excluding the tariff deficit, it was 43.1% and 46.1% respectively.

This progress has enabled the Group to improve its financial ratios, with the relation of funds from operations (FFO) to net debt and that of retained cash flow to net debt standing at 21.1% and 18%, respectively – both including the tariff deficit.

Key operating aspects of the period

1. Networks business: growth in all areas except Brazil

Ebitda from IBERDROLA’s networks businesses in the first six months was 0.8% lower than the same period last year at €1,965 million. Of this total, 62% came from outside Spain with all regions except Brazil growing in the first half.

Gross margin for this business was 1.5% lower at €2,855.6 million. By countries, relevant factors included a tariff adjustment in Spain and higher revenues in the UK resulting from a larger asset base. In the United States, revenues rose with a contribution from the electricity transmission line in Maine. In total, gross margin from these areas rose 5.3% to €2,315 million.

In Brazil, however, gross margin was down 22.9%, with a 5.8% increase in demand offset by a tariff adjustment for Elektro producing a negative impact of €70 million in the first half, as well as the effect of extra energy supply costs of €43 million that are expected to be recouped through tariff adjustments.

2. Generation and retail: levies increase 144.8%

Generation and retail recorded Ebitda of €1,172 million in the first six months, a decline of 6.1% impacted by a 144.8% rise in levies and taxation from €327 million to €552.7 million.

This sharp increase in levies and taxation, which rose 2.4 times in the period, absorbed a strong performance from this business where gross margin rose 12.4% and costs were reduced by 5.9%.

By countries, production rose 5.1% in Spain helped by increased rainfall benefitting hydro, but the result suffered a €208 million negative impact from new taxes on generation in Law 15/2012.

In the UK, performance was helped by increased production plus improved results from retail where the customer base rose 7.3% and colder temperatures also led to increased demand. Nonetheless, energy efficiency programmes had a negative impact of €95 million.

3. Renewables: ebitda rose 10.5%

Gross margin from renewables rose 12.5% in the first half of the year to €1,32 million, driven by a 10.1% rise in production reflecting a 3.5% increase in operating capacity to 14,028 MW and a high average load factor of 30.6% compared to 28.7% in the same period last year.

Ebitda from renewables was 10.5% higher at €937.5 million, while a 0.4% reduction in net operating costs also helped the improvement in gross margin.

Tax and levies rose to 142.2% or €58.7 million, due principally to fiscal measures approved in Spain under Royal Decree 2/2013.



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[ALF-FRED]

schon interessant : Analysten senken dem Kurs - Aktie steigt !

Diviaktien sind eingebucht

[nof_k]

Antwort auf Beitrag Nr.: 45.118.899 von ALF-FRED am 26.07.13 08:58:31

Zumindest ist noch eine neutrale Einschätzung hinzu gekommen:

Einstufung: Hold
Kursziel: Erhöht auf 4,10 (4,00) Euro
===

Die aktualisierten Schätzungen der Deutschen Bank für Iberdrola berücksichtigen zwei Einmaleffekte in den Ergebnissen für das erste Halbjahr 2013. In den vergangenen zwölf Monaten sei es dem Unternehmen gelungen, den Schuldenstand um zehn Prozent abzubauen, heißt es. Was die geplanten Veräußerungen betreffe, so seien bereits etwa 1,2 Milliarden Euro erlöst worden. Die verbleibenden rund 800 Millionen Euro wolle Iberdrola bis zum Jahresende oder im Laufe des Jahres 2014 realisieren. Auf die Reform des spanischen Energiesektors könnte das Unternehmen nach Einschätzung der Deutschen Bank mit einer Kürzung der Investitionen, Betriebsschließungen und einem Belegschaftsabbau reagieren.

[mickefett]

DJ Iberdrola verdient im 2. Quartal fast 15 Prozent mehr



Der spanische Versorger Iberdrola hat im zweiten Quartal dank niedrigerer Betriebs- und Finanzkosten fast 15 Prozent mehr verdient. Im Heimatmarkt drückten die stark erhöhten Energieabgaben und Steuern zwar weiter auf die Bilanz. Konzernweit legte der Nettogewinn von April bis Juni aber auf 848,8 Millionen Euro zu, wie das größte Unternehmen der Branche in Spanien mitteilte. Der Umsatz ging leicht auf 7,61 Milliarden von 7,66 Milliarden Euro zurück.

In den ersten sechs Monaten des Jahres lagen die Abgaben fast 80 Prozent höher als im Vorjahreszeitraum. Gleichzeitig verringerten sich die Finanzkosten um 15 Prozent und Betriebsausgaben um 2,2 Prozent. Neben der Reduzierung der Nettoverschuldung profitierte das Unternehmen auch von positiven Wirkungen seiner Währungsabsicherung.

Auch bei den geplanten Veräußerungen kam die Iberdrola SA gut voran. Per Ende Juni wurden nicht zum Kerngeschäft gehörige Vermögenswerte im Wert von 1,2 Milliarden Euro verkauft.

Kontakt zum Autor: [e-mail]

DJG/DJN/sha/cbr

(END) Dow Jones Newswires

July 24, 2013 06:27 ET (10:27 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

[mickefett]

26/07/2013
IBERDROLA AND THE BARCELONA SUPERCOMPUTING CENTER DEVELOP THE SEDAR PROJECT



This new software has been developed with the collaboration of the National Centre for Renewable Energies (CENER)
This R&D&I project aims to create an innovative IT model which will improve current studies for estimating onshore and offshore wind production, and which may be applied throughout the whole operational life of these facilities
The Sedar Project (High Resolution Wind Simulation) is a significant contribution to the technological development of wind power, as it will pave the way for the construction of new windfarms with greater guarantees of investment
Both the development of the project and its subsequent application will take place in the facilities of Barcelona Supercomputing Center (BSC), using software run by MareNostrum, one of the most important supercomputers in the world.



IBERDROLA and the Barcelona Supercomputing Center - Centro Nacional de Supercomputación (BSC-CNS), are jointly developing a major R&D&I initiative known as the 'Sedar Project (High Resolution Wind Simulation)'.

SEDAR is an innovative project aimed at developing a new computer model to improve estimates of electrical energy production in windfarms before their construction.

Current models have a significant limitation in their calculation times, and this project has succeeded in overcoming this shortcoming through the use of supercomputing techniques. Furthermore, the project will develop improvements for the resolution of physical models which, so far, have been constrained by computing times.

In the initial stage, already being tested, the project will design new windfarms that can be deployed with greater guarantees, as it will provide the most suitable locations for installing the wind turbines and reduce the uncertainty involved in investing in this type of study. This phase of the project, which is done using Alya Green software, can be applied in future onshore and offshore wind farms.

For the Sedar Project, IBERDROLA and the Barcelona Supercomputing Center are using Spain's most important supercomputer, the MareNostrum, one of the most powerful in the world. Both organisations have agreed to carry out the development of the model and its subsequent deployment in IBERDROLA's new windfarm projects in the facilities of the BCS-CNS.

The Barcelona Supercomputing Center – Centro Nacional de Supercomputación (BSC-CNS) is the leading supercomputing centre in Spain, and specialises in high-performance computing. It performs a dual function, offering supercomputing infrastructures and services to Spanish and European scientists, and generating knowledge and technology to be transferred to society.

The BSC manages Spain´s Supercomputing Network (RES) and is a “Severo Ochoa” centre for excellence, a top tier element of Europe´s research infrastructure PRACE (Partnership for Advanced Computing in Europe).

Since 2004, the BSC has been developing Alya, a software for resolving multi-physical problems with a wide range of industrial applications. One of the best known is the Alya Red project which simulates the operation of the human heart.

The INNPACTO SC-OPENFOAM project is part of the SEDAR initiative and is supported by financing from the Ministry of Economy and Competitiveness within the INNPACTO programme, together with the National Centre for Renewable Energies (CENER), which has contributed its prior experience in developing these wind power models.

Contribution to wind power technology

This initiative will mean an important technological advancement for the wind industry which is essential in the short term. It also represents yet another decisive contribution by IBERDROLA to the development of this energy source.

The first was the establishment of the Renewable Energy Operation Centre (CORE) in Toledo in 2003, where for the very first time the control and operation of all the renewable facilities were integrated within a single company. The inauguration of this control centre represented a turning point for wind power, as it ceased to be an energy source that was difficult to operate and control and became easy to manage.

IBERDROLA subsequently developed the Meteoflow project to forecast daily windfarm production, thereby enabling wind power to take its place in the electrical power market, and representing a decisive step in facilitating the work of operating and maintaining windfarms.

With the Sedar Project, IBERDROLA has consolidated its benchmark position in the development of renewables research projects, as it allows windfarms to be designed so as to present lower risks for investment.

IBERDROLA is currently at the forefront of developing R&D&I projects in the sector in both onshore and offshore wind power as well as in wave, tide, biomass and biogas power.

Moreover, for over 15 years the Company has been leading the industry project pipeline with investment worth over €25 billion, brining current installed capacity to 14,000 MW and being a market leader in countries such as Spain, the United Kingdom and the United States.

[mickefett]

HEADS OF 9 LEADING EUROPEAN ENERGY COMPANIES PROPOSE CONCRETE MEASURES TO REBUILD EUROPE’S ENERGY POLICY


Following on from the formal call of May 21, 2013 to the European Council, Gérard Mestrallet and Paolo Scaroni appeared before a European Parliament hearing today. The event was jointly organized with Amalia Sartori (Chair of the EU Parliament’s Energy Committee) and took place in the presence of the European Commissioner for Energy, Günther Oettinger.

The hearing was aimed at highlighting the risks of the EU’s present energy policy. Indeed, the efforts made by energy companies to attract the necessary private sector investors have been hampered by the uncertainty of the return on investments, in part due to the lack of a clear, foreseeable and objective energy policy framework based on stable and predictable regulation. As a result, European industry can neither fulfill its potential as a source of growth and employment nor play a key role in establishing a dialogue with producing countries. Energy security of supply is no longer guaranteed, CO2 emissions are currently on the rise, investments in the sector are not happening and energy prices are rising sharply. Faced with this failure, the nine energy companies have seen the need to formulate concrete proposals to revitalize Europe’s energy policy now:


Limit soaring energy bills


European consumers (citizens and industries) must be able to pay fair prices for their energy. Energy operators are, through their investments, at the forefront of the development of renewable energy sources across Europe. However, it is now necessary to draw the lessons from recent EU policy developments (including recognizing that the rules of the game to which investors sign up, simply cannot be subject to change halfway through for short-term political reasons) so as to identify possible improvements. Therefore, the industry leaders propose:


To ensure that the energy consumer bill reflects as far as possible the market based cost of energy and that it cannot be a vehicle for financing other policies. A well-functioning and integrated European energy market will further foster competition, empower customers and enable a cost-effective transition of the energy system;
To foster the integration of new capacities of the most mature renewable energy technologies (taken into account, notably, the forecasts of learning curve) into the regular market process and with a view to enhancing competition;
To adjust, for new installations, public support for renewable electricity production in view of reflecting the electricity market needs; and
To strengthen R&D policies and funding (Horizon 2020), and support the least mature renewable electricity technologies by enhanced R&D efforts rather than by production subsidies.
•Guarantee a reliable electricity and gas supply


European consumers must always benefit from fully reliable, uninterrupted energy supplies. To that end, the industry leaders propose:


To revitalize the European “Electricity Coordination Group” as a strategic platform to exchange views and information between Member States as well as other stakeholders, on electricity policy, with a special emphasis on national decisions on the energy mix that may have an effect on other Member States;
To immediately apply the 3rd package of legislative proposals in all Member States in order to standardize rules in Europe and facilitate exchanges;
To utilize all existing power capacity contributing to the security of supply rather than subsidizing new capacity construction that may undermine a level-playing field between competitive technologies;
To speed up the establishment of EU guidelines for non-discriminatory capacity remuneration mechanisms;
To implement, as soon as possible, the European programme contributing to the financing of important European energy infrastructures; and
To enhance the diversification of gas supply by routes and sources, notably, through domestic energy production (including unconventional sources), whilst always taking into account environmental concerns.
•Reinforce Europe’s climate ambition


European consumers must be able to benefit from energy that is as respectful of the environment as possible and that supports the achievement of the other two EU objectives: competiveness and security of supply. To that end, the industry leaders propose:


To give a new impetus and to fundamentally strengthen the European carbon market. This can be achieved by: i) measures to rebalance CO2 supply and demand in phase III in the framework of a long term perspective of ambitious emissions reductions targets, ii) discussing and deciding as soon as possible on an ambitious but realistic greenhouse gas emission reduction target by 2030 as the main driver for a pathway towards a low-carbon economy in 2050, iii) potentially expanding the carbon market’s application to other CO2 emitting sectors in the context of an international agreement;
To accelerate the setting up of the future climate summit planned in Paris during 2015 so that this key event can achieve a far-reaching agreement; and
To introduce, should an international agreement not be reached, additional measures to secure the competitiveness of EU industries with a risk of carbon leakage.


These concrete proposals are also being presented to key European Heads of State or Government with a view to enhancing the prospects for the February and March 2014 European Council meetings dedicated to energy issues.

[ALF-FRED]

http://www.bloomberg.com/news//2013-09-16/iberdrola-to-insta…

Das nenne ich mal Zukunftsversionen !

[mickefett]

03/10/2013
IBERDROLA BEGINS ADVANCED DEVELOPMENT AT ITS WILD MEADOWS WIND FARM (NEW HAMPSHIRE)



The Company, which hopes to invest $150 million, expects to file for state approval in the coming months
The Company recently approved a 15-year power purchase agreement (PPA) with Massachusetts utilities
The 75.9 megawatt (MW) project could contribute $1.6 million per year to the local community


IBERDROLA, through its US subsidiary IBERDROLA RENEWABLES LLC, has begun advanced development of its 75.9 MW Wild Meadows wind farm project located on leased, privately-owned land in the towns of Alexandria and Danbury, in New Hampshire.

This represents a potential $150 million investment in the New Hampshire economy, and would add to IBERDROLA’s existing investments in New Hampshire in Lempster and Groton. The project expects to provide up to 300 jobs during construction, and continues the company’s commitment to New Hampshire and the state’s growing renewable energy sector.

In addition to being a local source of clean energy, Wild Meadows would create significant local economic benefits in the form of construction jobs, local spending during construction, long term tax revenue and landowner income. The Company estimates the project will contribute $1.6 million per year to the local community, or more than $33 million over 20 years.

Environmental assessment studies and surveys have been largely completed and the Company expects to file for state approval with the New Hampshire Site Evaluation Committee in the coming months.

The decision to develop this project comes after the execution of a fixed price PPA over a 15-year term with a group of four Massachusetts utilities, recently filed with the State of Massachusetts’ Department of Public Utilities.

Wild Meadows could become IBERDROLA’s third wind farm in the state, after Lempster (24 MW) and Groton (48 MW), currently in operation.

This project would be a significant source of clean energy and would consolidate New Hampshire as a leader in meeting the New England region’s renewable power needs.

The project would generate enough electricity to cover the needs of 30,000 typical houses on average, while offsetting carbon dioxide (CO2) emissions by over 340 million pounds per year, equivalent to burning 17.4 million gallons of gasoline or preserving about 1,200 acres of forest from conversion to cropland.

[mickefett]

Iberdrola Dives Deeper Into Wave, Tidal Power


by Pete Danko


Iberdrola is well known as a wind power player, but with key announcements on both the tidal and wave fronts this month, the Spain-based multinational provided a reminder that it has big ambitions with marine energy as well – through its Scottish Power Renewables unit and in other ways.

First on tidal power: Iberdrola said Scottish Power Renewables had agreed to install four Alstom tidal devices at the Sound of Islay project it is undertaking. These are the turbines that have been undergoing testing at the European Marine Energy Centre, reportedly with good success.

Alstom’s 1-megawatt tidal turbine (image via Alstom)
Alstom’s 1-megawatt tidal turbine (image via Alstom)

But that doesn’t mean they’ll be the only turbine type in the water at Islay. With this new technology, it makes sense not to put all the eggs in one basket, so the four Alstom devices will go alongside very similar-looking turbines from Hammerfest Strom, which counts Iberdrola as one of its backers.

“Islay will now permit the two leading tidal power technologies to be proven side by side and to take them both to the point of commercialization,” Simon Christian, UK managing director at Scottish Power Renewables, said in a statement.

Meanwhile, on wave power: Iberdrola Ingenieria said it was partnering with a Swedish company, CorPower Ocean, as well WavEc, a Portuguese marine research centre, to develop a wave energy converter, “a new type of compact device with advanced control technology.”

CorPower Wave Energy Converter
The CorPower Wave Energy Converter (image via CorPower Ocean)

“Within the framework of this ambitious project, CorPower will be responsible for designing the device, Iberdrola Ingenieria will be in charge of developing the offshore farm, and WavEc will provide analysis and validation support during the various stages,” Iberdrol said.

There are, of course, a seemingly endless number of variations on the wave energy converter theme striving to prove their worth. CorPower’s point-absorber starts with a buoy at the surface. As it bobs and sways with the waves, energy is sent to a connected device that converts that motion into mechanical energy, which can then be converted to electricity.

Iberdrola said that the HiWave project €15 million, should be completed in 2016. The project is partly funded by the European Institute of Innovation and Technology (EIT) through one of its knowledge and innovation communities (KIC InnoEnergy).

[i5001]

heute Ausbruch aus mehrmonatiger Konsolidierung nach oben!

[ALF-FRED]

wenn Spanien sich weiter erholt und die Amis uns keinen Strich durch die Rechnung machen, ist mein Kursziel für 2014 ca. 6 Euro

[mickefett]

23/10/2013
IBERDROLA 9-MONTH RESULTS AFFECTED BY €1.01 BILLION IN REGULATORY AND OTHER COSTS, LEADING IT TO CUT SHAREHOLDER REMUNERATION



Deriving from regulatory decisions in Spain and new norms in other countries
Business activity helped reduce the €1.01 billion impact in gross operating profit (Ebitda) to €240 million
Thanks to business development and efficiency gains, net earnings were reduced by only 3% to €2,275 million and Ebitda by 4.1% to €5,542 million
Levies continued to rise, by 45% to €1,268 million, of which nearly €800 million correspond to Spain
The price under the next scrip dividend scheme will be at least a gross €0.125 per subscription right, a 10% reduction on the previous year
Operating cash flow came to €4,406 million and exceed group investments of €2,167 million
Net adjusted debt - €26,525 million excluding the tariff deficit - is more than €3.3 billion lower than the same period last year



| Event connection through webcastOpen in new window. |

IBERDROLA's 9-months results have been negatively impacted by increased regulatory costs in Spain and the UK as well as other factors which have led the Company to reduce shareholder remuneration. Positive business activity, including efficiency gains, have reduced the impact on Ebitda to a net €240 million.

These positive business developments plus improved efficiency also helped limit the reduction in net earnings to 3% to €2,775 million. Ebitda is down 4.1% to €5,542 million. Gross margin was up 1.8% to €9,459.2 million with growth in all sectors except Brazil. Operating cash flow (FFO) was €4.41 billion and exceeded investments of €2 ,167 million, of which €1,321 million were on networks, €580 million on renewables, €193 million on generation and supply and €73 million on other businesses and the corporation.

Another significant factor was a continuing increase in levies of 45% during the period to €1,267.6 million. Of this amount, €792 million correspond to Spain where this item doubled over the nine months. Of the €1.01 billion impact on Ebitda, a gross €503 million related to the recent energy reform approved in Spain. Of this amount, €363 million were for generation and supply, €79 million for networks and €61 million for renewables. This amount excludes considerations under Royal Decree Law 9/2013 on remuneration for renewables which is pending implementation.

As regards shareholder remuneration, the Company is setting the price for subscription rights under its next scrip dividend plan at a minimum of €0.125 each, payable in January 2014. The impact of regulatory costs has meant this price is 10% lower than that set at the same time last year.

IBERDROLA considers that the package of regulatory measures introduced in Spain does not contribute to ensuring the competitiveness of the system to the benefit of consumers, or slow the growth of the tariff deficit. The measures also fail to limit the growth of immature technologies such as solar, which only contribute 5% to total production, while accounting for 20% of the energy costs.

More than half the final electricity bill in Spain reflects costs unrelated to supply. The costs directly imputable to supplying electricity make up 44% - 29% for generation and 15% for transmission and distribution - while 56% are unrelated costs. Of this last percentage, 21% are renewables subsidies, with 8.5% corresponding to solar, 5.3% to wind and 7.2% to cogenerationand other sources.

Sustainability of shareholder remuneration policy

The sustainability of its shareholder remuneration policy is a priority for IBERDROLA, with the goal of achieving the maximum returns possible, while being sustainable and compatible with the objectives of financial strength. In this respect, it views a payout of between 65% and 75%, similar to other companies with a comparable profile, as compatible with sustainability and future growth of shareholder returns.

Thus, under its Iberdrola Flexible Dividend programme, the repurchase price for subscription rights under the next scrip dividend plan, payable in January 2014, is set at a minimum gross figure of €0.125 each. The Company is considering the option of amortizing Treasury stock to compensate the dilution associated with new shares.

This programme allows shareholders to opt between receiving new IBERDROLA shares without cost or commission, or obtain a cash dividend by selling their subscription rights at the price set by the Company under its buyback commitment or on the open market. Those who decide to sell their rights to the Company will be subject to a 21% witholding tax which does not apply if they sell to the market or subscribe new shares.

Balance sheet strength

IBERDROLA continued to make progress during the nine months in strengthening its balance sheet and realizing its 2012-2014 strategic outlook. At the end of September, Group net adjusted debt – excluding the €2,024 pending reimbursement from the tariff deficit – came to €26,526 million. Including the deficit amount, the debt stood at €28.55 billion.

The Company thus reduced debt by €3.31 billion over the past 12 months, meeting 50% of its objective of a €6 billion in the period 2012-2014. Gearing stood at 43.1% excluding the deficit, against 45.9% for the same period last year. Results from financial operations improved 10% to bring net financial expenditure at €879.7 million, fruit of steps that have reduced average debt by 6.8%, improved financial costs and developed a currency hedging programme which nearly offset negative exchange impacts.

IBERDROLA continued to improve its financial ratios, with funds from operations (FFO) to net debt standing at 22.1%, retained cash flow (RCF) to net debt at 18.8% and net debt to Ebitda reduced to times 3.5. These figures exclude the tariff deficit.

Key operating aspects of the period

1. Networks business: growth in all areas except Brazil

Ebitda from networks came to €2,805.7 million in the period, a decline of 3.2% over the same period last year. This reflected a tariff revision and the drought in Brazil which brought a 27.8% drop in Ebitda from this country which was insufficient to compensate for a 4.5% improvement in the rest of the world.

Excluding the exchange rate effect, Ebitda from networks would have repeated performance in the first nine months of 2012 when it rose 0.6%. Gross margin was up 3% in the UK due to increased revenues resulting from a larger asset base following investments made there, and 3.4% in the US where the Maine transmission line project contributed to increased income while in Spain it held at +0.4%.

In Brazil, gross margin dropped 19.4%, despite a 5.9% increase in demand. The tariff revision had a €120 million negative impact while additional costs deriving from the drought came to €26 million.

2. Generation and retail: levies rose 67%

Ebitda from generation and supply was nearly 9% down at €1,531.6 million. A 6.1% rise in gross margin to €3,403.5 million was insufficient to compensate for a 67.3% rise in taxation to €810.9 million. Levies in Spain doubled to €625.6 million while taxes on generation in Spain came to €381 million.

In the UK, this business was affected by tight margins, aggravated by energy efficiency and environmental measures imposed by the regulator. As a consequence, generation and supply is now loss-making, and leaves the Company no option but to increase tariffs.

Net operating expenses in this business at Group level declined 6.4% due to cost reduction plans implemented mainly in Spain.

3. Renewables: ebitda rose 2.5%

Renewables business recorded a 2.5% increase in Ebitda to €1,211 million, of which 53% was from outside Spain where taxation increased by 3.5 times.

This positive performance was due mainly to a 6.4% increase in production and to cost control, which helped reduce net operating costs by 3.4%. Gross margin rose 5.4% to €1,759.2 million, while operating capacity came to 13,857 megawatts (MW), with new installed capacity compensating for divested assets.

[ALF-FRED]

endlich mal jemand der es versteht !

http://www.finanznachrichten.de/nachrichten-2013-10/28431903…

[debull]

Kleiner Einblick in die Verwerfungen des spanischen Energiemarktes.

http://www.heise.de/tp/blogs/2/155449

Chaos anzurichten ist kein Privileg der deutschen Regierungen

[ALF-FRED]

im Jan. gibt es wieder Aktien für lau dank flexiblem Diviprogramm

[ALF-FRED]

http://www.siemens.com/press/de/pressemitteilungen/2014/infr…

[mickefett]

09/01/2014
IBERDROLA AGAIN OFFERS SHAREHOLDERS FREECOMPANY SHARES OR €0.126 PER SHARE CASH PAYMENT



In a new edition of the ‘Iberdrola Flexible Dividend´ programme corresponding to what would have been the 2013 interim dividend
36 free subscription rights will be required in order to obtain each new IBERDROLA shares without cost and free of withholding tax
Shareholders who opt to receive the remuneration in cash can sell their rights to IBERDROLA at guaranteed fixed purchase price or on the open market


IBERDROLA, in a new edition of the Iberdrola Flexible Dividend programme, which offers its shareholders the possibility of obtaining Company shares without cost and free of withholding tax, today notified the Spanish National Securities Market Commission (CNMV) that 36 subscription rights will be required in order to obtain each new Company share.

This eighth edition of the Iberdrola Flexible Dividend corresponds to what would have been the 2013 interim dividend and once again offers shareholders the option of obtaining new Company shares or receiving the remuneration in cash.

Shareholders who choose remuneration in cash the second option, should make their preference known between 11 and 22 January, since the scrip dividend will be considered the option by default.

Shareholders who opt to receive the remuneration in cash can sell their rights to IBERDROLA under the conditions established by the Company or on the open market. If they take the first option IBERDROLA guarantees to pay €0.126 per share, subject to withholding tax of 21%. Under the second option shareholders will not be subject to withholding tax but will not benefit from the guaranteed fixed price offered by IBERDROLA.

As is the custom, the option by default will be the issue of new shares. Shareholders who prefer to receive remuneration in cash must sell their rights to the Company between 11 and 22 January, or on the open market between 11 and 27 January.

IBERDROLA thus fulfills a commitment last October when, during the presentation of its third quarter 2013 results, announced that it would offer a price of at least €0.125 per share gross corresponding to the 2013 dividend interim.

As part of this new edition of the Iberdrola Flexible Dividend programme, the Company´s Board of Directors approved, last November, a capital increase for a maximum market reference value of between €800 and €845 million- This amount has been set finally today at €807 million.

The calendar for the new edition of the programme is as follows:


10 January 2014: Notification of the capital increase taking effect in the Boletín Oficial del Registro Mercantil. It is also the reference date for assigning free allocation rights.
11 January 2014: First day of trading of the new free subscription rights and start of period for requesting remuneration in cash by virtue of IBERDROLA’s purchase commitment.
22 January 2014: Deadline for requesting remuneration in cash under the commitment assumed by IBERDROLA.
27 January 2014: End of the trading period for new free subscription rights and acquisition of the same by IBERDROLA from shareholders who have opted to receive cash.
30 January 2014: Cash payment to shareholders who have chosen to sell their free subscription rights to IBERDROLA under the commitment assumed by the Company.
3 February 2014: Allocation of registration reference numbers to new shares.
5 February 2014: The date envisaged for the new shares to start trading on the continuous market.

[mickefett]

21/01/2014
IBERDROLA AWARDED 300-MW BAJA CALIFORNIA III COMBINED-CYCLE POWER PLANT PROJECT



With over 5,200 MW total operating capacity, the Company consolidates its leadership as Mexico’s largest private power producer
The company will invest $270 million in the construction of the new plant, with commercial operation scheduled for August 2016
IBERDROLA to sell all energy produced by the Baja California III power plant to the Mexican Federal Electricity Commission (CFE) for 25 years
This is the first combined-cycle plant that the Company has been awarded in Mexico since 2004, a key country for IBERDROLA’s international growth strategy



IBERDROLA has been awarded a contract for the development, construction, ownership, operation and maintenance of the Baja California III combined-cycle power plant in Mexico, with about 300 megawatts (MW) of installed capacity, as well as associated facilities necessary for the connection of the plant to the country´s electricity grid.

The commissioning of this new power plant, to be located in the State of Baja California, will require an investment of about $270 million. Work on the plant will begin in April this year and commercial operation is scheduled for August 2016.

IBERDROLA was the successful bidder in an international tender process and, under the terms of the contract, the Company has secured a 25-year power purchase agreement with the Mexican Federal Electricity Commission (CFE).

The gas for this new plant will be supplied by CFE and the contract is monetized in US dollars, as are other similar projects that the Company owns in Mexico. The plant will have one gas and one steam turbine and will incorporate GE technology.

With this contract, IBERDROLA consolidates its position as Mexico’s largest private electricity producer and the country’s second after CFE, the state-owned electricity utility. More specifically, the Company already has an operating capacity of over 5,200 MW [see chart], mainly through combined-cycle gas power plants as well as wind farms. The Baja California plant is the first to be awarded to IBERDROLA in Mexico since 2004.

IBERDROLA’s combined-cycle power plants in Mexico, currently totaling 4,987 MW of installed capacity, are: Tamazunchale (1,135 MW), El Golfo (1,121 MW), Monterrey (1,040 MW), Altamira (1,036 MW), La Laguna (535 MW) and Enertek (120 MW). The wind farms are namely: La Ventosa (totaling 102 MW capacity after its recent extension), La Venta III (102 MW), and Bii Nee Stipa (26 MW).

IBERDROLA has been present in Mexico since 1998, which, along with Brazil, is a strategic country for business growth in Latin America. During the 2012-2014 period, the Group’s net investment in the region will stand at €2,415 million approximately, representing 23% of the total projected investments (net €10.5 billion).

[mickefett]

06/02/2014
IBERDROLA SUCCESSFULLY COMPLETES SYSERWIND DEMO PROJECT



Under the auspices of the European programme Twenties, which aims to improve the quality of the wind power connection to the grid
This initiative created new power-frequency and voltage control equipment and systems to optimise the connection between wind farms and energy transmission grids
IBERDROLA headed this project, which has been running for the last two years, along with Gamesa, REE and the University of Comillas


In collaboration with Gamesa, Red Eléctrica de España (REE) and the Institute for Technological Research (IIT) at the University of Comillas have successfully completed the Syserwind demo project.

This R&D&I initiative created new power-frequency and voltage control equipment and systems to optimise the connection between wind farms and electricity transmission grids.

To be more specific, the project was carried out at 15 of IBERDROLA's wind power facilities located in Andalusia, which are equipped with Gamesa wind turbines and have a combined installed capacity of over 480 megawatts (MW).

These wind farms are connected to three nodes in the 400 kV transmission grid operated by REE. They were equipped with the systems development in the Syserwind project, allowing coordinated work on controlling the power generated by the facilities and altering the voltage in the grid.

This demo project, which was analysed by the IIT at the University of Comillas, conformed the technical feasibility of wind power when taking part in the power-frequency and voltage control services in the electricity system.

Syserwind, an initiative headed by IBERDROLA, was one of six full-scale demo projects carried out under the European programme Twenties. This research project aims to further the development of new technologies that will allow for the mass-scale inclusion of wind power in the European electricity system, with a view to meeting the European Union's environmental targets.

Technological contribution towards wind power

The results obtained in the Syserwind project contribute towards the ongoing enhancement of wind power, a form of renewable technology to which IBERDROLA has been committed from the outset; both as regards R&D&I and as regards the commissioning of facilities, which already have a combined capacity of some 14,000 MW worldwide.

In the former case, the highlight was the construction in 2003 of the Renewables Operation Centre (CORE) in Toledo. This centre streamlined the control and operation of all of the company's renewable facilities. Opening this centre was a watershed moment in managing wind power, which had until then been a form of energy that was difficult to operate and control.

After that, IBERDROLA also developed the Meteoflow project, which focused on designing a system that is capable of making daily predictions of wind farm outputs and which allowed for this type of energy to be more reliably included in the electricity system.

The Group is currently involved in the most important R&D&I initiatives in the sector, linked to both onshore and offshore wind power, as well as other renewable generation technologies such as wind, tidal, biomass or biogas systems.

[mickefett]

Broadcasts 2014



Tittle: 2013 Results - Outlook 2014-2016. Date: Wednesday, February 19th 2014.
Time: 9:30 a.m., Madrid time; 8:30 a.m., UK time.
Place: London. Landmark Hotel.
Hosted by: Mr. Ignacio Galán, Chairman & CEO.
Mr. José Luis San Pedro, Chief Operating Officer.
Mr. José Sainz, Chief Financial Officer.




| Information for connection via Conference Call [PDF] |

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2014-02/29412774…

[mickefett]

DJ Versorger Iberdrola will massiv außerhalb Europas investieren



Von Selina Williams und Ilan Brat

Der spanische Energiekonzern Iberdrola will der Schwäche im Heimatmarkt durch massive Investitionen außerhalb Europas begegnen. Insgesamt 9,6 Milliarden Euro will der Stromversorger in den kommenden drei Jahren in die Hand nehmen. Davon soll ein Großteil in Mexiko, Brasilien und den USA investiert werden, während Spanien gerade mal 15 Prozent der Investitionssumme abbekommen soll.

Die USA, Mexiko und Brasilien versuchen, ein stabiles und attraktives Umfeld für Investitionen in den Energiesektor zu schaffen, wie Iberdrola-Chef Ignacio Galan in einem Interview sagte. In Spanien passiere dagegen genau das Gegenteil. Iberdrola würde gerne mehr Geld in den Heimatmarkt investieren, könne dies unter den gegebenen Umständen jedoch nicht tun, fügte Galan hinzu.

Spanien hatte in den vergangenen Jahren die Subventionen für erneuerbare Energien gekürzt, ebenso wie die Vergütung für den Transport und die Verteilung von Strom, um das wachsende Ungleichgewicht der Finanzierung innerhalb des Elektrizitätssystems anzugehen. Außerdem erließ die Regierung eine Steuer von 7 Prozent auf die Stromproduktion. Vor diesem Hintergrund will Iberdrola ein weiteres Kraftwerk in Spanien dicht machen. Vier Kraftwerke hat der Versorger bereits abgeschaltet. Galan schloss nicht aus, dass noch weitere drei folgen könnten.

Nach den Worten des Iberdrola-Chefs werden die negativen Veränderungen des Marktumfels in Spanien das EBITDA in diesem Jahr mit 1,3 Milliarden Euro belasten. Das wäre noch einmal deutlich mehr als im vergangenen Jahr, als sich die Belastungen mit rund 800 Millionen Euro im EBITDA niedergeschlagen hatten. Unterm Strich verdiente der Versorger wegen der Stromsteuer und einer schwächeren Nachfrage mit 2,57 Milliarden Euro 7 Prozent weniger als 2012.

Kontakt zum Autor: [e-mail]

DJG/DJN/brb/cbr

(END) Dow Jones Newswires

February 19, 2014 05:06 ET (10:06 GMT)

[mickefett]

DJ Iberdrola leider unter schwacher Nachfrage und höheren Steuern



Von Ilan Brat

Der spanische Stromversorger Iberdrola hat im vergangenen Jahr wegen einer schwächeren Nachfrage und höheren Stromsteuern im Heimatmarkt weniger verdient. Der Nettogewinn fiel um 7 Prozent auf 2,57 Milliarden Euro, wie der Konzern mitteilte. Der Umsatz sank um 4 Prozent auf 32,81 Milliarden Euro.

Im Schlussquartal brach der Ertrag unter dem Strich auf 297 Millionen von 420 Millionen Euro im Vorjahreszeitraum ein, der Umsatz ging um rund 4 Prozent auf 8,59 Milliarden Euro zurück.

Die schwache Nachfrage in Europa und die Bemühungen der spanischen Regierung, die steigenden Energiekosten zu kontrollieren, drückten auf die Ergebnisse. Spanien hatte in den vergangenen Jahren die Subventionen für erneuerbare Energien gekürzt, ebenso wie die Vergütung für den Transport und die Verteilung von Strom, um das wachsende Ungleichgewicht der Finanzierung innerhalb des Elektrizitätssystems anzugehen. Außerdem erließ die Regierung eine Steuer in Höhe von 7 Prozent auf die Stromproduktion.

Kontakt zum Autor: [e-mail]

DJG/DJN/sha/brb

(END) Dow Jones Newswires

February 19, 2014 03:50 ET (08:50 GMT)

Copyright (c) 2014 Dow Jones & Company, Inc.

[mickefett]

26/02/2014
IBERDROLA INGENIERÍA AND AINIA TECHNOLOGY CENTRE CREATE REVOLUTIONARY SYSTEM FOR CAPTURING CO2 AND GROWING MICROALGAE



Launched this morning at the premises of AINIA
The new technique that has been developed was launched in Valencia today. It is based on capturing the CO2 from pollutant smoke and reusing it as food in growing microalgae, which are already being used in multiple applications at present
This research is one of the key studies carried out for the CENIT VIDA project, an R&D project spearheaded by the subsidiary of IBERDROLA with the participation of 13 companies and 25 research institutes



IBERDROLA INGENIERÍA and AINIA TECHNOLOGY CENTRE presented the results of the research carried out under the auspices of the CENIT VIDA project, resulting in the creation of revolutionary systems for capturing CO2and the bioproduction of microalgae.

The event held at the premises of AINIA in Valencia was attended by the Director of Innovation in the aforementioned subsidiary of IBERDROLA, Luis Malumbres; IBERDROLA’s Delegate in the Valencian Community, Julian Bolinches; the Director of R&D in AINIA, José García; the Director of Monitoring, Systems and Processes at the Centre for Industrial and Technological Development (CDTI), German Rodriguez, and the Head of the Project Control Division at the same CDTI centre, José Rivillas.

The event included a demonstration of the new technique that has been developed, which is based on capturing CO2 from pollutant smoke using a device specially designed for this project and reusing the purified CO2 to feed the growth of microalgae, which are already being used in multiple applications. The new microalgae growth system developed in the project was also displayed.

This project is a very important step forward in researching the field of microalgae, which are considered to be very important nowadays for their use in energy and because they contain a huge variety of compounds that are of value to the market: proteins, thickening agents, vitamins, enzymes, antibiotics, cosmetics, pharmaceuticals or chemicals.

This initiative has also led to the development of a very advanced system for the selective capture of CO2, which is capable of attaining a purity rate of up to 95%. In developing this technology, pilot simulations were carried out with combustion gases and various different options for capturing and concentrating CO2were tried out.

The studies shown were carried out in full at the premises of AINIA over the last three years and they represent the experimental success of this project, which created the knowledge needed to enable it to be applied to a real commercial venture.

This research is one of the key studies carried out for the CENIT VIDA project, an R&D project spearheaded by IBERDROLA INGENIERÍA - with Carlos Padilla as Project Manager - in collaboration with a consortium of 13 companies and 25 research institutes.

CENIT VIDA is backed by the Ministry of Economy and Competitiveness and subsidised by the Centre for Technological and Industrial Development (CDTI). This scientific and technological initiative seeks to create a new concept of "Biocity" that is self-sufficient and sustainable (Spanish acronym: BioCAS), by applying to the urban environment a new culture of reusing natural resources, waste and pollutants.

This participation in the CENIT VIDA project is an example of the policy in place in IBERDROLA INGENIERÍA as regards including a high degree of innovation in all of its projects. In fact, its technological capabilities make this subsidiary of IBERDROLA one of the leading engineering firms in the energy sector worldwide, with the ability to compete on the international markets.

IBERDROLA INGENIERÍA is currently one of the most international companies in its sector, with operations in almost 40 countries. The main activity of this subsidiary of IBERDROLA is the completion of turnkey projects for other companies in the group and for third parties, in the areas of generation, nuclear energy, networks and renewable energies.

AINIA TECHNOLOGY CENTRE is a European benchmark institution in R&D. Among other lines of work, it is at the forefront in developing technologies that allow to reuse and find new purposes for organic by-products and waste, as well as in designing highly innovative industrial processes.

With operations in 17 different countries, it has over 800 member companies and 1,200 customers, making it one of the technology centres with the most extensive social and corporate support in Spain.

[mickefett]

Auf der Seite findet man eine Reihe von Präsentationen zur Zukunft von Iberdrola bis 2016:


https://www.iberdrola.es/shareholders-investors/investor-rel…

[mickefett]

28/03/2014
IBERDROLA’S AGM APPROVES CHAIRMAN GALAN’S MANAGEMENT OF THE COMPANY WITH MORE THAN 80% OF THE VOTES

More than 82% participation at the AGM
Small investors account for 64% of share capital - 650,000 shareholders and several million more through pension and investment funds - with a majority now foreign
“We are very much aware of our responsibility as custodians of the savings of small investors and this makes us doubly rigorous in defending their interests,” Chairman Galán said in a widely applauded address
The Company achieved net profit of €2,572 million with shareholder remuneration around €0.27 per share
Financial strength consolidated with a €2.2 billion reduction in debt
IBERDROLA continued to support suppliers with €4.4 billion in purchases
The Company’s fiscal contribution in Spain came to €3.2 billion in Spain out of a total €5.4 billion
The Group incorporated some 2,200 professionals last year to a workforce of more than 33,000, a figure that rises to 150,000 if indirect employment is included
IBERDROLA has received the award for Best Corporate Governance in Spain from World Finance, as well as the Golden Peacock prize for excellence in this field and has been recognized as one of the world’s most ethical companies by the Ethisphere Institute
The Group will invest €9.6 billion of which nearly half will go on growth, mainly in regulated activities
The Company expects Ebitda and net earnings to rise an average annual 4% compared to 2014 with a minimum shareholder remuneration of €0.27 per share
IBERDROLA expects to reduce net debt by €1.8 billion

Galán on the stage.


FULL INFORMATION ON THE 2014 GENERAL SHAREHOLDERS' MEETING |

IBERDROLA chairman Ignacio Galán, addressing today’s Annual General Meeting in Bilbao, began his remarks with a tribute to former Spanish Prime Minister Adolfo Suarez, who died this weekend. He described him as “a man of great leadership, bravery and generosity both personal and political, a key figure in our country’s history and an example to us all.”

He also praised the recently deceased Mayor of Bilbao, Iñaki Azkuna, for his contribution to the transformation and modernization of this city and dedication to its citizens, as well as his permanent support for IBERDROLA and its international expansion, “aware of its importance for his city and proud to see a part of his beloved Bilbao spread across the world.”

Referring to IBERDROLA shareholders, who manifested their support for the company’s performance with an 80% turnout and more than 99% votes in favour of the resolutions, Galán said: “We are very much aware of our responsibility as custodians of the savings of small investors and this makes us doubly rigorous in defending your interests.” He underlined that 64% of IBERDROLA’s share capital is held by small investors – 650,000 shareholders and several million more through pension and investment funds – with a majority in foreign hands.

Amid applause, Galan said of last year: “Our international expansion and effective management have been the foundation for greater operating efficiency and increased financial strength, allowing us once again to offer attractive remuneration for our shareholders”.

Shareholder remuneration

Reflecting this commitment, as well as the €2.57 billion in net earnings last year and the financial strength achieved with a €2.25 billion reduction in debt, the Board of Directors is today proposing a shareholder remuneration of approximately €0.27 per share gross.

This consists of the €0.126 paid in January plus at least €0.144 in July of which €0.03 will be in cash and another €0.114 through a new flexible dividend programme. In addition there is an attendance bonus for the AGM of €0.005 per share. In order to compensate for the dilution implied from the flexible dividend, the Board also proposed a reduction in capital of up to 2.09% by amortizing treasury stock and buying back shares.

Galán highlighted that IBERDROLA shares appreciated 10.5% in 2013, surpassing performance of the Eurostoxx Utilities index and that of most of its European competitors. Taking shareholder remuneration into account, total return for the year was around 19%.

Driver for companies and social advancement

Galán reiterated the important role of the Company as an engine for economic growth in countries where it operates, not only through investments, but also in purchases, tax contributions and jobs. He said the Group made purchases valued at €4.4 billion in 2013, much of it outside Spain, and contributed €5.4 billion in taxes of which €3.2 billion correspond to Spain.

During the year, the Group incorporated 2,200 people a majority of which were young and a high proportion of women, and it also hires around 1,200 interns a year, many of which find permanent employment in the Company. In all, IBERDROLA gives direct employment to more than 33,000 around the world, a figure that reaches nearly 150,000 if indirect employment is included.

“Without a doubt our human capital is our main asset and reflecting this, last year we again increased training hours to more than 1.3 million, with the number of people benefitting representing nearly 90% of the workforce,” Galán said. Also in relation to training activities, the Chairman noted that the IBERDROLA Foundation awarded 70 scholarships for Master’s and post-graduate studies last year and this year expects to surpass 100.

In this regard, the Chairman referred a management meeting yesterday with 200 Group executives from around the world and former Brazilian President Luis Inacio Lula da Silva as a guest speaker. For Galán, “to have President Lula at our events surrounding the annual meeting shows the regard with which IBERDROLA is held in the countries where it is present, as well as the support we receive from them in our activities there.”

Galán also referred to activities of the IBERDROLA Foundation as well as the Company’s support for disabled people’s incorporation in the labour market, where it provides €8 million a year in purchases to the Lantegi Batuak organization and thereby gives work to 200 people.

He added that scientific research, technological development and innovation are essential elements for a society that aspires to progress and be increasingly competitive, noting that the Company assigned nearly €160 million in 2013 to initiatives related to smart grids, clean energy generation and new technologies and business models. Thanks to this commitment, IBERDROLA has been recognized as Spain’s most innovative utility and among the five most active in Europe by the European Commission.

The Group’s contribution to preserving the environment has remained constant, notably through an increase in emission-free generation to more than 60% in 2013, he said. This led to savings of nearly 20 million tonnes of CO2, putting the Company’s emissions 30% below those of the European electricity sector.

In this regard, IBERDROLA is active in preventing emissions by continuing improvement of its carbon footprint, protecting biodiversity at its installations and residue management. This has made it a leader in indices such as the Dow Jones Sustainability, FTSE4Good and Two Tomorrows, which recognize the world utilities that most respect the environment.

Leadership in Corporate Governance

Galán highlighted IBERDROLA’S commitment to good corporate governance practices, which received ample recognition in 2013 with the award for best corporate governance in Spain from World Finance, as well as the Golden Peacock award for excellence in this field, and as leading company in a corporate governance reputational index prepared by Spanish consultants Villafañe & Asociados.

Galán told shareholders the Company will continue improving governance practices in coming years to reflect international recommendations and the most advanced practices, with the goal of counting on an ordered, transparent and up to date series of norms to defend the interests of IBERDROLA’s stakeholders.

He added that the Company has continued to strengthen its commitment to ethical practices followed by all employees. For this purpose the compliance unit is carrying out a comprehensive campaign to communicate the Group’s Code of Ethics, so that all professionals are fully aware and apply it.

“It is a great satisfaction for me that efforts in this area are being recognized internationally, and that IBERDROLA has recently been included in the Ethisphere Institute’s list of the world’s most ethical companies, the only Spanish one to do so,” he said.

He also highlighted the recognition received by IBERDROLA’s financial team with the recent ranking published by the Institutional Investor Research Group in which the Company placed first among Spanish companies, first among European utilities and second best in European among all categories.

In the classification of top executives, Galán was designated by analysts and fund managers consulted by the magazine as best CEO among European electricity companies for the 8th time. CFO José Sainz Armada and Investor Relations Director Ignacio Cuenca were named best among electricity companies in their respective fields.

2014-2016 Outlook

Galán said that in line with its international objectives the Company presented its outlook for 2014-2016 in London last month. Investments are set at €9.6 billion, with the business model founded on:


A balanced risk profile in traditional businesses and more than 80% of investments in regulated businesses;
Operating efficiency, with measures to keep spending flat throughout the period;
And financial strengthening through an additional lowering of net debt and improved financial ratios.


Galan referred to the principal growth areas for the Group during the next three years. In the UK, this will come mainly from electricity networks which benefit from a regulatory framework up to 2021 for transmission and to 2015 for distribution. Investment will continue in wind projects, both onshore and offshore.

In the US, growth will come from transmission and distribution while renewables will depend on future support for these technologies, Galan said. In Latin America, the main destination for investments will be Mexico where IBERDROLA has already committed $1.5 billion since the energy reform was approved. This will increase capacity there by more than 30% and will reinforce the Company’s position as the leading private sector generator of electricity.

In Brazil the Group will continue developing its distribution networks through Elektro and Neoenergia and complete hydro and wind energy projects to meet growing demand. In Spain investments will be assigned fundamentally to maintenance and renewing existing installations to continue offering quality service to its customers.

Galán said that with these investments and managing costs, the Company projects Ebitda and net earnings to grow an average annual 4% up to 2016 compared to 2014, a year in which the impact of regulatory and fiscal measures in Spain is estimated at more than €1.3 billion.

IBERDROLA estimates that net debt will be reduced by €1.8 billion up to 2016 and is confident that financial ratios that count towards its credit rating will improve with a gearing of 40% against 44% now, a drop in the net debt to Ebtida ratio to below 3.5 times, and that of cash flow to net debt rising to above 22%.

He added that maintaining sustainable shareholder remuneration levels continues to be a priority for the Company, compatible with solid financial ratios. “We project a minimum of €0.27 per share in cash and tax liable, or in shares which are tax free. In this latter case we would repurchase and amortize shares to avoid dilution, maintaining the number of shares in circulation,” Galán said.

Finally, Galán paid tribute to the work of “all the men and women who work for IBERDROLA around the world,” including the management team, union representatives and Board Directors “without whose commitment we would not be able to present the results we are submitting to the AGM today.”

[debull]

Haben für einen Energieerzeuger gute Kursentwicklung hingelegt. Momentan etwas überkauft. Darum bin ich kurzfristig mal raus.
Aber ich bin sicher, nach der nächsten Konsolidierung sehen wir uns wieder.

[mickefett]

DJ Bankia erlöst Milliarden mit Verkauf von Iberdrola-Anteil



Von David Román

MADRID--Die Bankia SA hat sich mit einem Anteilsverkauf von einer weiteren Beteiligung getrennt. Das in der Finanzkrise verstaatlichte Institut hat einen Anteil von 4,9 Prozent an der Iberdrola SA auf den Markt geworfen und damit 1,53 Milliarden Euro erlöst.

Bankia hat den Anteil für 4,85 Euro je Aktie veräußert, etwas unterhalb des Schlusskurses vom Mittwoch bei 5 Euro. Die Aktien von Iberdrola wurden zeitweise vom Handel ausgesetzt.

Die UBS AG hatte am Mittwoch mitgeteilt, mit der Platzierung beauftragt worden zu sein. Die Iberdrola-Aktien haben seit Jahresbeginn rund 8 Prozent zugelegt.

Vorletztes Jahr mussten spanische Banken mit einem Rettungspaket von 41 Milliarden Euro von der Europäischen Union vor dem Kollaps bewahrt werden. Als Teil de Vereinbarung musste sich Bankia - die den Löwenanteil der Rettungsgelder erhalten hat - zum Verkauf von Beteiligungen und anderen nicht zum Kerngeschäft zählenden Bereichen verpflichten.

Letztes Jahr hat Bankia 20,1 Prozent an der Technologiefirma Indra Sistemas für 337 Millionen Euro an die spanische Regierung veräußert. Hinzu kamen weitere kleinere Beteiligungen an weiteren Unternehmen. Die Bank hält immer noch beträchtliche Anteile an börsennotierten Unternehmen wie dem Versicherer Mapfre und dem Olivenöl-Konzern Deoleo.

Kontakt zum Autor: [e-mail]

DJG/DJN/mgo/cbr

(END) Dow Jones Newswires

April 10, 2014 04:34 ET (08:34 GMT)

Copyright (c) 2014 Dow Jones & Company, Inc.

[phy]

UBS hebt Ziel für Iberdrola auf 6 Euro - 'Buy'


10:42 07.07.14


ZÜRICH (dpa-AFX Analyser) - Die Schweizer Großbank UBS hat das Kursziel für Iberdrola von 5,70 auf 6,00 Euro angehoben und die Einstufung auf "Buy" belassen. Die durch Regulierungs- und Vertragsbestimmungen geregelten Aktivitäten des Energiekonzerns machten etwa 80 Prozent der Gewinne aus, schrieb Analyst Alberto Gandolfi in einer Studie vom Montag. Eine Aufwertung dieser Aktivitäten auf das Marktniveau könnte den fairen Wert der Aktie auf 7,10 Euro erhöhen. Ein Anteilsverkauf am spanischen Verteilernetz könnte den Wert um mehr als zehn Prozent steigern. Zudem dürfte Iberdrola in den kommenden Jahren in allen Bereichen wachsen, die heimische Energieerzeugung sei jedoch ausgenommen./gl/tav

Quelle: dpa-AFX

[mickefett]

23/07/2014
IBERDROLA FIRST HALF EARNINGS FALL 13% TO €1.5 BILLION DUE TO IMPACT OF REGULATORY MEASURES IN SPAIN

Despite record production, wind energy business in Spain fell 46% and Ebitda by 46%, as a consequence of regulatory measures
Solid operating performance, particularly from international businesses, partially offset the negative impact of regulatory measures in Spain
Group EBITDA came to €3,745 million, in line with the same period last year. Excluding exchange rate factors, it was up slightly at 0.7%
Net investments were €1.2 billion in the period, allocated mainly to international networks and renewables businesses
First half performance and expected trends for the second half confirm the Company’s projections for the full year, and put it on track to meet goals in its 2014-2016 Outlook
The Company confirmed its commitment to shareholders with a €0.144 per share payment in July which, added to the €0.126 disbursed in January and the €0.005 per share AGM attendance bonus make a total dividend for the year of €0.275
| Event connection through webcast Open in new window. |
IBERDROLA’s first half net earnings came to €1,503.1 million, down 13%, while Ebitda was in line with the same period last year at €3,744.7 million. Solid business performance, especially international businesses, again mitigated the negative impact of regulatory and fiscal measures in Spain which came to €369 million at gross margin level during the period.
Taking into account regulatory changes since 2011 the accumulated negative impact on 2014 results as a whole will be a gross €1,395 million. The impact in Spain was partially offset by a more efficient generation mix, good performance from gas businesses and a 3.5% rise in production to 73,062 gigawatt hours (GWh).
Gross margin was in line with the same period of 2013 at €6,170.8 million (down 0.8%). Group Ebitda totalled €3,744.7 million, of which 66% came from regulated businesses. Excluding the negative impact of exchange rate fluctuations, Ebitda would have risen 0.7%.
Net operating expenses were 4.2% higher at €1,689 million, due to higher costs in the second quarter reflecting increased activity in the UK and other non-recurring costs which Iberdrola expects to be mitigated in the second half of the year through operating efficiency measures. Levies came to €737.1 million, 13.7% lower, of which 60% or €449.6 million correspond to Spain.
As a result, net Group earnings for the six months declined 13%, reflecting
both the impact of regulatory decisions in Spain and also a non-recurrent balance sheet adjustment for Spain activities in the first half of 2013 under Law 16/2012.
Operating cash flow (FFO) came to €2,855.7 million, down 3.9%, and exceeded investments among all Group businesses which came to a net €1,199.0 million. The bulk of this was allocated to international networks and renewables businesses.
First half results conform to IFRS 11 accounting norms, by which businesses consolidate by the equity accounting method instead of the proportional method utilized previously.
These results, as well as prospects for the second half of the year enable the Group to confirm its projections both for this year and also the 2014-2016 period. Group activities are founded on three pillars: a business portfolio centred on regulated businesses and geographical diversification; an investment strategy based on security, profitability, execution periods and cash flow generation; and thirdly on sustaining financial strength by reducing debt, improving solvency ratios and controlling interest rate and exchange rate risk.
Thereby, and despite an uncertain and changing business environment, the Company has been able to achieve positive results and maintain shareholder remuneration: a €0.144 gross payment per share in a new edition of the Iberdrola Flexible Dividend plan, plus the €0.126 gross per share paid in January. With the €0.005 per share AGM attendance bonus the total remuneration comes to €0.275 per share.
Solid balance sheet management
In the first half, net debt was reduced by €2,254 million over the same period last year to €25,682 million. This includes €1,324 million pending receipt from the tariff deficit as well as €121 million corresponding to generation taxes pending liquidation procedure. Excluding these amounts, adjusted net debt came to €24,237 million. The reduction in net debt had a positive effect on net financial costs which fell 7% to €510.6 million.
Gearing was 41.8% at the end of June, including the mentioned amounts pending, compared to 44.3% at the same time last year. Excluding this debt, gearing was 40.4% against 42.4% at the same time last year. The debt reduction and consequent drop in gearing was made possible by divestments that for the first half of the year came to €868 million.
As a result financial ratios continued to improve. The net debt/Ebitda ratio was times 3.6, while net debt/operating cash flow (FFO) and retained cash flow (RCF)/net debt were 22.7% and 19.6% respectively, all exclusive of the tariff deficit.
Group liquidity came to €10,178 million at the end of June, sufficient to cover financing needs for more than 35 months. The average life of debt was maintained above 6 years.
Key operating aspects of the first half of 2014
1. Networks: affected by Spain and drought in Brazil
Ebitda from networks was 4.5% lower at €1,654.6 million, reflecting the impact of regulatory measures in Spain, drought in Brazil and exchange rate factors. The Company expects results to improve in the second half of the year due to the levelling out of the regulatory impact in Spain and compensation via tariffs in Brazil for the impact on distribution companies of the drought.
By country, Ebitda from Spanish networks was 7.5% lower as a result of the lower level of revenues established under Royal Decree-Law 9/2013 which was not yet in force in the first half of 2013. In the UK, Ebitda from this business rose 6.8% due to higher revenues obtained from a larger asset base following investments there, and appreciation of pound sterling.
Elsewhere, the US maintained Ebitda levels (-0.2%) with increased revenues from the Maine Power Reliability Program (MPRP), connecting the US and Canada. In Brazil, Ebitda fell 52% as a result of the drought and depreciation of the Real, although Iberdrola expects improvement on the tariff front in the second half of the year.
2. Generation and supply: excellent operating performance
This business registered Ebitda of €1,451.7 million in the period, a 27% increase thanks to solid operating performance. In Spain, Ebitda rose 39.8% helped by a 13.6% rise in production and lower procurement costs. There was also a positive €111 million impact from a ruling on the withdrawal of CO2 emission rights.
In the UK, Ebitda from generation and supply rose 8.6% thanks to improved margins and lower levies, and despite the introduction of a carbon tax and higher non-energy costs. In Mexico, Ebitda was 26.5% lower as a consequence of the renegotiation of certain contracts, while in the US it increased by €46 million in the period.
3. Renewables: results penalized by regulation in Spain
Renewables business recorded Ebitda of €712.8 million, down 20.3% over the same period last year, reflecting the regulatory and fiscal measures adopted in Spain where Ebitda fell 46% and net earnings by 50%, despite record wind energy output.
These results contrast with those obtained in other countries. In the UK, Ebitda rose 11% driven by increased operating capacity and an 11.2% rise in production.
In the US, Ebitda was 8% higher in large part due to a 2.1% rise in output. In Latin America, Ebitda rose 80% thanks to a 97% rise in installed capacity in Brazil and one of 11% in Mexico, driving production up by 34%. In the rest of the world, Ebitda fell 41% reflecting the sale of wind assets in Poland last year.
The Company confirms its 2014 projections
Results in the first half enable the company to confirm its projections for the year as a whole and advance towards meeting its 2014-2016 Outlook. As regards networks, the Company does not expect new regulatory impacts and that the effect of the drought in Brazil will be progressively offset through tariffs and other measures.
In generation and supply, the Group expects conditions to normalize, both in power generation and also in the gas market, while in renewables the business will continue to benefit from increased operating capacity in Mexico and the US. No further significant impacts from regulatory decisions in Spain are expected in renewables for the rest of the year.
The Company also expects to continue implementing efficiency measures and thereby progress in commitments set for the 2014-2016 period.

[mickefett]

IBERDROLA COMPLETES INSTALLATION OF THE FIRST THREE MILLION SMART METERS IN SPAIN

Within the framework of the STAR project for implementing next generation power grids
This initiative, underway in nine autonomous communities, will conclude in 2018 and have an overall investment of € 2,000 million
By the end of the year, the Company will have renovated 35% of its metering fleet in Spain in compliance with the law
In the month of July, IBERDROLA finished installing Spain's first three million smart meters within the framework of the remotely managed and automated grid system project, otherwise known as the "STAR" project, or Sistema de Telegestión y Automatización de la Red, underway in all Spanish autonomous communities with distribution grids. The Company has likewise adapted 14,500 transformation stations to enable them for remote management, supervision and automation.
After reaching this milestone, the Company will have renovated 35% of its metering fleet within 2014 in keeping with the plan defined by the Ministry of Industry, Energy and Tourism. Overall, this initiative will conclude in 2018 with a global investment of approximately € 2,000 million, including the replacement of 10.3 million meters and the adaptation of some 80,000 transformation stations.
The STAR project provides the Company with the means to pursue a two-fold objective. Firstly, to fulfill legislative requirements calling for remote management development and, secondly, to make use of this deployment to evolve technologically while improving the Company's distribution grid. IBERDROLA will thus become the first company worldwide to attain this installed volume of connected smart meters, having adapted, at the same time, the corresponding distribution grid through the necessary incorporation of real-time supervision and automation.
Since this deployment began in the city of Castellón in 2010, IBERDROLA has proceeded to install this technology throughout the remaining regions and has already issued a total of 18.7 million bills based on remote meter readings through remote management.
Moreover, once signed up at the I'BERDROLA Distribución Eléctrica website, clients who have these smart metering systems can check their usage, compare it with other clients in their area or regions, and even search usage history.
With smart grids, IBDERDROLA is successfully detecting grid incidents much earlier, remotely and automatically reconfiguring as necessary. This consequently improves service quality, reduces losses and increases the likelihood of catching fraud.
The installation of smart grids also denotes a remarkable new opportunity to generate jobs for numerous companies furnishing services to the power sector, and thus serves as a driving force for the economic development in Spain. In this regard, the Company has awarded smart-grid related contracts to various manufacturers and suppliers over recent years for € 450 million.

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01/10/2014
IBERDROLA LAUNCHES OFFSHORE PILE TESTING CAMPAIGN FOR WIKINGER PROJECT

Test findings will lead to an optimized solution for the foundations
German engineering and services group Bilfinger is carrying out these pioneering works which include under-water static, dynamic and cyclic load tests to fulfil the requirements for pile testing as defined by the German navigation authorities, BSH
With an investment of nearly €1.4 billion, the 350-MW offshore wind project developed by IBERDROLA will comprise of 70 wind turbines

German engineering and services group Bilfinger is carrying out these pioneering works which include under-water static, dynamic and cyclic load tests.
Picture 1 of 2Go to Image 1 Image 2 Image last
IBERDROLA has launched the pile testing campaign for its Wikinger offshore wind farm project following the completion of the site’s geotechnical investigation on the Baltic Sea.
German engineering and services group Bilfinger and its experienced subcontractors are carrying out the tests in order to confirm the design of the wind farm foundations, checking the performance of the piles against static, dynamic and cyclic loads specific for offshore structures, and fulfil the requirements for pile testing as defined by the German navigation authorities, BSH.
Nine steel piles, fabricated in Aschersleben (Germany) by Bilfinger MCE, are being driven into the seabed at selected locations, with static and dynamic tension and pressure tests to be conducted under water for several weeks, which have never been carried out before. Additionally, the tests will evaluate the performance of noise mitigation systems being developed by a German contractor.
The findings of the works are essential for the project’s engineering solution to be technically and economically optimized and will also provide valuable information on offshore piling and noise mitigation systems for similar Baltic Sea geological formations which can be found in other projects.
The Wikinger offshore wind farm is being developed by IBERDROLA, off the coast of the island of Rügen where the water depths range between 37 and 43 metres. The project covers an area of roughly 34km², within which 70 turbines and one offshore substation are planned to be installed.
With total investment of almost €1.4 billion, Wikinger will have a significant economic impact through the entire supply chain. Thus far, IBERDROLA has invested over €100 million in the project’s development and more than 15 companies from Mecklenburg-Western Pomerania have already been engaged and suppliers/contractors.
IBERDROLA finds itself in the final steps of contract negotiations with selected competent suppliers for the delivery of cables, foundations, platforms, offshore substation and wind turbines after a comprehensive, open and transparent procurement process which guarantees equal opportunities, objectivity and impartiality in its relationships with the supply chain, whilst promoting publicity and competition to ensure efficiency.
The Company estimates that over 50% of total investment will benefit German companies directly, with more than €50 million to be spent in the Mecklenburg-Western Pomerania region every year and over €30 million expected to be paid for taxes and other duties on an annual basis.
Once in operation, in 2017, the 350-MW wind farm will produce credible and fuel free electricity equivalent to the consumption of more than 350,000 German households, equivalent to the consumption of more than 20% of the whole Mecklenburg-Western Pomerania Land.

[mickefett]

DJ Spanischer Versorger Iberdrola leidet unter Subventionskürzungen



Von Ilan Brat

Der spanische Versorger Iberdrola hat in den ersten neun Monaten einen herben Gewinneinbruch hinnehmen müssen. Unterm Strich verdiente die Iberdrola SA von Januar bis September mit 1,83 Milliarden Euro 19,5 Prozent weniger als noch vor einem Jahr. Für den Gewinnrückgang verantwortlich sind in erster Linie die insgesamt schwache Nachfrage in Europa und Subventionskürzungen in Spanien. Dank Kosteneinsparungen konnte Iberdrola das EBITDA um 1,4 Prozent auf 5,21 Milliarden Euro steigern. Der Umsatz ging leicht auf 22,2 Milliarden von 22,9 Milliarden Euro zurück.

Kontakt zum Autor: [e-mail]

DJG/DJN/brb/cbr

(END) Dow Jones Newswires

October 22, 2014 04:17 ET (08:17 GMT)

Copyright (c) 2014 Dow Jones & Company, Inc.

[mickefett]

22/10/2014
IBERDROLA EARNS A NET €1,831 MILLION IN THE FIRST 9 MONTHS AND MAINTAINS SHAREHOLDER REMUNERATION LEVELS

The Company is offering a dividend yield above 5% at current share prices
EBITDA rose 1.4% to €5,211 million driven by strong operating performance and investments in previous years, offsetting the impact of regulatory measures in Spain
Ebitda showed a positive trend for the period, compensating for the regulatory impact on renewables in Spain and drought in Brazil
The Group expects this trend to continue with Ebitda exceeding €6.6 billion for 2014, thereby advancing towards achieving goals for 2014-2016 Outlook
Gross investments, assigned mostly to regulated businesses, came to €2,344 million
Net debt –excluding €1.58 billion pending from the tariff deficit – was €24,673 million, below the objective for 2016
These results reinforce IBERDROLA’s commitment to offer shareholders a minimum annual remuneration of €0.27 gross per share
The Board approved a new edition of the ‘Iberdrola Flexible Dividend’ plan, corresponding to what would have been the 2014 interim dividend and payable in December with a minimum guaranteed fixed price of €0.125 gross per free subscription right. The final 2014 payment will be made next July after approval by the AGM
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IBERDROLA 9-month net earnings came to €1,831.4 million, down 19.5%, but Ebitda was up 1.4% at €5,211 million, reflecting solid operating performance during the quarter after a flat trend in the first six months.
The results reflect solid operating performance in the businesses. The negative impact of regulatory measures in Spain and the drought in Brazil are partially offset by a 2.5% increase in production, efficiencies from the production mix and improved performance from renewables in the US, UK and Latin America following investments there in recent years.
Revenues were 3.1% lower at 22,196.8 million while gross margin improved 0.5% to €8,874.2 million as a result of lower purchases. Net operating expenses were 3.6% higher at €2,528.8 million. Levies were 9.5% lower at €1,134.7 million, of which 63% or €716.8 million, corresponded to Spain.
Ebitda rose 1.4% to €5,210.7 million with regulated businesses accounting for 69% of the total. Generation, supply and gas was up 26.4%, offsetting a 20.1% drop in renewables while networks were flat at -0.5%. This result and a positive contribution from the businesses in the third quarter and current exchange rates have led IBERDROLA to raise its Ebitda guidance for the full year to above €6.6 billion.
Despite the good operating results, net earnings were down 19.5% at €1,831.3 million, reflecting not only regulatory measures but also the one-off revaluation of balance sheet assets in the first half of 2013 under Law 16/2012.
Operating cash flow was down 10.3% at €3,998.4 million but exceeded gross investments of €2,344 million.
Shareholder remuneration maintained
This performance has allowed the Company to maintain its commitment to offering shareholders a minimum annual remuneration of €0.27 gross per share. This is equivalent to a dividend yield above 5% at current share prices.
The Board of IBERDROLA has approved execution of a second capital increase approved by shareholders at the Annual General Meeting last March in Bilbao. A new edition of the Iberdrola Flexible Dividend plan has been launched, corresponding to what would have been the interim dividend for 2014.
This gives shareholders the option of receiving new shares without cost or a cash payment. For those choosing cash, IBERDROLA offers a guaranteed fixed price of a minimum €0.125 gross per share, equal to the minimum set for the January 2014 edition of the plan. The final dividend will be paid in July 2015 following approval by the AGM.
To compensate for the dilutive effect of the capital increases, the Group will continue its share repurchase programme. These shareholder returns are founded on Group strategy focused on the three pillars of regulated businesses, geographical diversification and balance sheet strength.
A solid balance sheet
The Company continued to make progress in its programme of sustaining balance sheet strength. Net debt was reduced to €24,673 million, ahead the €25 billion target set for the 2014-2016 period. This excludes the €1,359 million still pending receipt from the tariff deficit owed at the end of September and the €221 million pending payment from generation taxes under the liquidation mechanism in Spain. Including these amounts, net debt was €26,253 million at the end of September, €1,192 million below the same period last year.
Gearing, excluding the tariff deficit, stood at 40.6% as against 42.1% at the same date last year. Including the tariff deficit, the figure was 42.2% compared with 44% previously. Net financing costs were down 4% at €817.3 million and the average life of debt was above 6 years.
This enabled IBERDROLA to continue improving its financial ratios, with net debt to Ebitda at 3.6 and operating cash flow (FFO) to net debt at 20.8%. Net debt to retained cash flow (RCF) was 17.9%. These figures exclude the tariff deficit. Group liquidity stood at €9,950 million, sufficient to cover financing needs for 32 months.
Key operating aspects
1. Networks: Operating performance compensates situation in Brazil
EBITDA from networks was 0.5% lower at €2,486 million, but excluding Brazil it would have risen 4.6%. Networks business in the UK recorded a 10.6% rise in Ebitda reflecting higher investments and sterling appreciation.
In Spain, networks Ebitda rose 3.8%, due to compensation for the negative impact of Royal Decree 9/2013 and investments made in previous years.
Ebitda from US networks was flat (-0.7%), with higher revenues from the Maine Power Reliability Program (MPRP) connecting the US and Canada, offset by exchange rate factors. In Brazil the drought continued to weigh negatively on the business, with Ebitda down 61%.
2. Generation, supply and gas: good operating performance
Ebitda from this business was up 26.4% at €1,885.3 million, reflecting strong operating performance. In Spain there was a 27.4% increase driven by an 8.4% rise in production, a more efficient generation mix, and the positive impact of a ruling on CO2 allowances.
Ebitda in the UK was €304.4 million, reflecting improved margins. In Mexico, it was 13.6% lower, with the drop mitigated by new contracts.
3. Renewables: regulatory impact in Spain
Ebitda from renewables was 20.1% lower at €927.5 million. This included a 103% increase in Latin America driven by higher installed capacity in Mexico and Brazil and a 49% rise in production.
In the UK it was 11% higher with offshore wind generation now making a contribution and positive exchange rate movements. In the US, Ebitda rose 2% with a 0.8% rise in production and favourable weather conditions.
Spain however registered a 44% drop in Ebitda, as a consequence of regulatory measures and a lower load factor compared with the excellent wind conditions in the third quarter of 2013. In the rest of the world, Ebitda was down 39% as a result of the sale of 184 MW of capacity in Poland during 2013.
The company improves guidance for 2014
The good performance over the nine months, reflecting in large part investments made in previous years, has led the Company to improve its projections for 2014. Ebitda is now expected to exceed €6.6 billion for the full 2014 year.
The Company also expects this year to achieve its 2016 target for net debt set under the Company's 2014-2016 Outlook, once the tariff deficit for 2013 is reimbursed, as expected, by the end of 2014. As a result, ratios are expected to improve for operating cash flow (FFO) to net debt and net debt to Ebitda.
The solid results and progress made in achieve goals for 2014-2016 will enable the Group to maintain shareholder remuneration at a minimum of €0.27 gross per share.

[ALF-FRED]

solider Anstieg, in 2 1/2 Jahren ca. 100 % plus ca. 15 % Gratisaktien, heute gab es wieder welche !

[phy]

Der spanische Energiekonzern Iberdrola hat für den Offshore-Windpark "Wikinger" vor der Insel Rügen seinen bislang größten Auftrag im Bereich der Erneuerbaren Energien vergeben.


Iberdrola SAShs

5,59 EUR -0,29%

A0M46B Chart.
Charts


News

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Iberdrola verdient wegen Kürzung bei Ökostrom-Förderung deutlich weniger.


.Für rund 620 Millionen Euro wird das Unternehmen Areva die 70 Windkraftanlagen an seinen Standorten in Bremerhaven und Stade produzieren, wie ein Sprecher am Montag sagte.
..

Von Anfang 2017 an sollen die 5-Megawatt-Anlagen auf den dann bereits installierten Jackets rund 30 Kilometer nordöstlich von Rügen montiert werden. Neben der Produktion und Installation umfasse der Auftrag auch die Wartung über zehn Jahre. Areva werde den Auftrag gemeinsam mit dem spanischen Anlagenhersteller Gemesa realisieren.
Der Windpark "Wikinger" mit einem Gesamtinvestitionsvolumen von 1,4 Milliarden Euro ist das zweite Offshore-Projekt von Iberdrola und soll 2017 Windstrom produzieren. Erst im Herbst 2014 hatte der spanische Energiekonzern den Windpark "West of Duddon Sands" in der Irischen See mit einer Kapazität von 389 Megawatt in Betrieb genommen.
Mit der Vergabe des 620 Millionen Euro schweren Auftrags schreiten die Planungen für den Bau voran. Im Juni hatte Iberdrola bereits einen ersten Auftrag zum Bau der 70 Millionen Euro teuren Fundamente für die Umspannplattform an die spanische Werft Navantia Shipyards bei Cadiz vergeben. Die Auftragsvergabe für die Plattform selbst stehe weiterhin aus, sagte der Iberdrola-Sprecher. Navantia Shipyards wird auch 29 der 70 Fundamente für die Windkraftanlagen (Auftrgashöhe: 90 Millionen Euro) produzieren, 41 Fundamente entstehen bei Bladt Industries in Dänemark (Auftragshöhe: 130 Millionen Euro).
..

Der Windpark "Wikinger" kann nach Angaben des Unternehmens rein rechnerisch mit einer Leistung von 350 Megawatt rund 350 000 Haushalte mit Strom versorgen. Er wäre der dritte Windpark in der deutschen Ostsee nach den EnBW -Projekten "Baltic 1" und "Baltic 2". "Baltic 2" mit 80 Anlagen soll Frühjahr 2015 ans Netz gehen.
Die Bauarbeiten für das "Wikinger"-Projekt gelten wegen Wassertiefen von 37 bis 43 Meter als anspruchsvoll. Deswegen wurde am künftigen Standort mit dem Rammen von neun Testpfählen begonnen. Die Genehmigungsverfahren für die vom Übertragungsnetzbetreiber 50 Hertz geplanten Stromanbindung des Windparks durch die Ostsee nach Lubmin wurden eingeleitet./mrt/DP/she
SASSNITZ (dpa-AFX)

[ALF-FRED]

J. P. Morgen - overweight 6.50

[mickefett]

von der Iberdrola Homepage:

18/02/2015
IBERDROLA RECORDS €2,327 MILLION NET PROFIT IN 2014, DRIVEN BY INTERNATIONAL BUSINESS

Total shareholder return in 2014 was 30.1%, ahead of the company's principal European competitors and the relevant indices (Ibex 35 and Eurostoxx Utilities)
Ebitda was 3.1% higher at €6,965 million with performance in the UK, US, Brazil and Mexico compensating a 7.4% drop in Spain
The Company further progressed towards meeting objectives in the 2014-2016 Outlook and beat projections for the year
Operating efficiency improved more than 2% due to control of net recurring operating expenses
Gross investments came to €3,716 million, with nearly 90% allocated to regulated businesses, and were held below operating cash flow in all areas
Debt was reduced by around €1.5 billion to €25,344 million, and net debt/Ebitda to 3.6 times, in line with the objective for 2016
The results enable the Company to maintain annual remuneration for shareholders at least €0.27 gross per share
IBERDROLA paid more than €5.5 billion in taxes in 2014, of which €2.44 billion were directly related to the company (49% of pre-tax profit)
The Group ended the year with 1,800 new contract hires. It sustains 350,000 jobs in countries where it operates

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IBERDROLA recorded Ebitda of €6,964.5 million in 2014, a rise of 3.1%, while net profit was 9.5% lower at €2,326.5 million. This decline reflected a lower level of non-recurring income as well the regulatory measures affecting in particular the business in Spain.

These results demonstrate further progress in meeting Ebitda and net earnings projections for the 2014-2016 period, underpinned by a solid business mix, balanced international diversification, active financial management and high operational efficiency.

By country, a highlight in the UK was approval of a regulatory and remunerative framework up to 2023 for distribution and up to 2021 for transmission projects, as a result of which the company expects total investments of around €8.27 billion. Another important milestone was the start up of West of Duddon Sands - the company's first offshore wind farm with 389 megawatts (MW) - and the assignment of capacity under the recent auction (2,261 MW).

In the US, the year was marked by an improved remuneration for networks business in Maine, the final stages of the transmission line connecting the US and Canada, completion of the Baffin wind farm and new projects improving networks reliability in New York.

In Mexico, the company is prepared to take advantage of growth opportunities derived from the energy reform approved by the Mexican government and is building new combined cycle plants and a cogeneration plant, to which a second will be added in the second quarter. IBERDROLA is also building two wind farms in the country where its renewable portfolio stands at 900 MW.

The business in Brazil succeeded in mitigating the impact of the drought through tariff reviews, and will continue work on building new hydro plants, once the 1,800 MW Teles Pires complex has been finalised, as well as on six new wind farms it has been adjudicated.

In Spain, the main highlights were the fact that the structural tariff deficit has been eliminated - leaving only some temporary imbalances pending - and quality of service achieved during the period.

IBERDROLA Group results

IBERDROLA revenues came to €30,032.3 million in 2014, a decline of 3.4%, while gross margin was 3.4% higher at €12,179.5 million as a consequence of a 7.5% fall in purchases. Net operating expenses were 4.8% higher at €3,633.8 million, although recurring expenses were only 1.1% higher at €3,506.1 million. Gross margin growth, higher than that of net operating expenses, resulted in a more than 2% improvement in operating efficiency.

Group Ebitda was 3.1% higher at €6,964.5 million, and 5.5% above the objective set for the year. The strong performance reflects a positive contribution from different countries that offset poorer trends in Spain where Ebitda fell 7.4%. Of the total, 75% came from regulated businesses, in line with IBERDROLA's business model of focusing on stable activities with attractive regulatory frameworks. Also noteworthy were the 15.4% rise in generation and supply and 5.6% in networks which compensated a 11.7% fall in renewables.

Operating cash flow (FFO) was 2.3% lower at €5,458.6 million and exceeded net investments in all businesses that came to €2,848 million during the year. Of this amount 87% was allocated to businesses that offered an attractive and stable regulation. By country, 46% was invested in the UK, 24% in the US, 18% in Spain and 12% in Latin America. In gross terms, investments came to €3,376 million.

Results by business

1) Networks: improvement in all countries except Spain

Ebitda from the networks businesses was 5.6% higher at €3,534.8 million in 2014, with all countries presenting a positive trend except Spain where Ebitda came to €1,438.5 million, affected by Royal Decree Law 9/2013. This negative impact was partially compensated by efficiency programmes put in place and investments from previous years.

The UK recorded Ebitda of ₤826.7 million, driven by higher revenues deriving from a larger asset base from the investments carried out. In the US, new tariff levels in Maine and the contribution from the interconnection between the US and Canada lifted Ebitda to €1,026.7 million.

In Brazil, Ebitda from networks came to R$934.7 million, reflecting the positive effect of new accounting norms for regulated assets, which compensated the impact of the drought.

2) Generation and supply: operating strength

This area generated Ebitda of €2,292.2 million, a rise of 15.4% that reflects strong operating performance throughout the year, coinciding with a temporary 6.2% decline in levies. In Spain, higher production (+8.2%) and lower costs compensated for lower prices and lifted Ebitda to €1,517.6 million from this business.

Ebitda in the UK came to ₤388.3 million, as a consequence of improved operating performance at power stations. The margin of Ebit to sales for generation and supply in the UK continues to be low at 1.3%.

In Mexico, Ebitda came to $465.5 million, driven by new contracts and higher sales to private customers.

3) Renewables: Spain, affected by regulatory measures

Ebitda from this business came to €1,326 million, a fall of 11.7%, which reflects a drop in Spain that could not be offset by positive performance in the UK, the US and Latin America.

In Spain, Ebitda fell 37% to €420.6 million, or €247.8 million lower than the previous year, due fundamentally to the negative impact of regulatory measures in place, which came to €339 million, and to lower prices.

Renewables in the UK recorded Ebitda of ₤213.9 million in a year marked by an increase in operating capacity and the startup of West of Duddon Sands, IBERDROLA's first offshore wind farm.

In the US, Ebitda from renewables came to $658.7 million, driven by a 0.9% rise in production and by favourable weather conditions during the period. In Latin America, Ebitda came to €71.2 million helped by higher operating capacity in Mexico and Brazil (+28%) and by higher load factors (+45%). In the rest of the world, the business recorded Ebitda of €73.7 million.

Continued improvement in financial strength

IBERDROLA made further progress in strengthening the balance sheet throughout 2014. In line with the 2014-2016 Outlook, the company reduced debt by around €1.5 billion to €25,344 million, adjusted for the cash dividend paid last December.

This improvement in debt levels reflects three drivers: generation of positive cash flows, progress in divestment of non-strategic assets including the sale of stakes in EdP and BBE, and control over investments.

The company thus succeeded in improving its financial ratios, with net debt/Ebitda at 3.6 down from 4, while FFO to net debt and retained cash low (RCF) to net debt were 21.5% and 18.6% respectively. Gearing came to 41.7% at the close of the year compared to 43.2% in December 2013.

The Group's financial management achieved a reduction in net cost of debt to 4.35% and lengthened average maturity to 6.3 years. It also sustained a solid liquidity position of around €9 billion at the end of the year.

The company maintains shareholder remuneration

Performance during the year enabled the Group to maintain its commitment to offering annual shareholder remuneration of at last €0.27 gross per share.

In this respect, the IBERDROLA board of directors yesterday approved two new capital increases which will enable two new editions of the Iberdrola Flexible Dividend programme, to be submitted for shareholder approval at the Annual General Meeting which is expected to be held on first call in Bilbao on March 27. Under this programme, shareholders can choose to receive remuneration in cash or in Company shares.

The Board of Directors will also propose a reduction in capital of up to 2.324% through the amortization of up to 148.483 million in treasury stock, with the objective of maintaining unchanged the number of shares on which earnings per share (EPS) is calculated. It also approved the payment of an attendance bonus for the AGM of €0.005 gross per share (€5 per 1,000 shares), both for shareholders present and represented.

During the year, total shareholder returnNote (1) came to 30.1%, above that achieved by IBERDROLA's European competitors and the principle relevant indices, the Eurostoxx Utilities (18.7%) and Ibex 35 (8.5%).

IBERDROLA's contribution to society

IBERDROLA's role as an engine for the economy and job creation is reflected in its fiscal contribution. The Company provided €5,506 million to state treasuries in the different countries where it operates through taxes and levies, including taxes collected from employees and social security, of which nearly 60% (€3,292 million) corresponds to Spain. The company’s direct fiscal contribution was €2,441 million (44.3% of the total) making up 49% of profits before tax and levies. In addition to this direct contribution by the Company, its activities generate around €10.5 billion a year in fiscal contributions including indirect and induced activities.

Throughout 2014, IBERDROLA continued to create quality employment, hiring 1,800 new professionals during the year. In 2014, every employee received an average of 40 hours of training. In total IBERDROLA provides work for 350,000 people around the world, taking into account indirect and induced employmentNote (2).

With this business projection, the Company expects that both Ebitda and net profit for 2015 will exceed levels recorded in 2014, while both net debt and the ratio of net debt to Ebitda will decline over the year.

[comiter [Blogger]]

Kein schlechter defensiver Wert, aber auch fair bewertet

[ALF-FRED]

https://www.moodys.com/research/Moodys-changes-outlook-on-Ib…

[mickefett]

von der Iberdrola-Homepage:
29/04/2015
IBERDROLA Q1 EBITDA ROSE 8.8% DRIVEN BY A 14.5% INCREASE IN INTERNATIONAL BUSINESS

Recurring net profit rose 7.2%, with net earnings similar to last year at €841 million due to lower extraordinary income
Gross margin rose 6.8% to €3,614 million, helped by strong results from networks (+17.3%) and renewables (+21.6%)
Financial strength improved over Q1 last year: gearing was reduced to 41.2% and net debt/Ebitda improved to 3.7x
Moody’s raised IBERDROLA’s ratings outlook, confirming the company as the IBEX industrial group with the best rating among leading credit agencies
Q1 results support IBERDROLA’s commitment to offer shareholders a minimum annual remuneration of €0.27 gross per share up to 2016
The Board accordingly approved an increase in capital in respect of a new edition of the Iberdrola flexible dividend programme in July, for at least €0.113 per share -plus €0.03 in cash- added to the €0.127 per share distributed in December
Directors also approved a capital reduction of 2.32% to maintain outstanding shares at around 6.24 billion
The proposed integration of UIL Holdings Corporation (UIL) and IBERDROLA's US subsidiary – with an enterprise value exceeding $4 billion – will create a new company listed on the New York stock exchange with assets exceeding $30 billion and in which IBERDROLA will hold 81.5% of its capital

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IBERDROLA recorded first quarter Ebitda of €2,136.3 million, a rise of 8.8%, while net earnings were stable at €840.8 million (-0.7%). Recurring net profit rose 7.2% to €795.9 million.

These results were made possible by growth in international businesses, which increased their contribution to Ebitda by 14.5%, and to strong operating performance during the period. Revenues rose 5.5% to €8,780.7 million while purchases were 4.6% higher at €5,167 million. Gross margin rose 6.8% to €3,613.7 million, with a 21.6% rise in renewables and one of 17.3% in networks.

Ebitda was 8.8% higher at €2,136.3 million, driven by international business and exchange rate effects. Of the total, 70% came from regulated businesses. By business area, networks and renewables stood out with Ebitda rises of 24.1% and 24.7% respectively, offsetting an 11.4% decline in generation and supply.

Networks businesses advanced in all regions thanks to a broader base of regulated assets and increased efficiency, while renewables were helped by a recovery in prices in Spain from extraordinarily low levels in 2014, and by increased output in the UK - following the completion of the West of Duddon Sands offshore wind farm - as well as in Latin America.

Generation and supply was however affected by lower hydro production in Spain compared to the high rainfall in the first quarter of 2014, and also reflected the extraordinary gains in the gas business during the first three months of last year.

Operating profit (EBIT) rose 5.3% to €1,343.8 million, with a 17% increase in depreciation due to currency impacts and new renewable capacity on stream. Net recurring profit rose 7.2% to €795.9 million and net earnings were stable at €840.8 million (-0.7%) reflecting lower extraordinary earnings compared to 2014. Funds from operations (FFO) were 6.6% higher at €1,658.5 million, exceeding investments which came to €593 million across all businesses.

Results by business

1. NETWORKS: GROWTH IN ALL COUNTRIES

EBITDA from networks rose 24.1% to €966.8 million, of which nearly 60% came from outside Spain which nonetheless improved to €398.9 million as a result of investments and efficiency measures.

In the UK, higher revenues from a broader asset base following investments drove Ebitda to €231.1 million. In the US, lower expenditure also helped improve results with Ebitda of $214.1 million while in Brazil it stood at R$226.8 million as the drought had no impact in the accounts as in the first quarter of 2014.

2. GENERATION AND SUPPLY: LOWER EXTRAORDINARIES

Generation and supply recorded Ebitda of €781.4 million, a drop of 11.4% resulting from lower hydro output in Spain and a fall in extraordinary income from gas in Spain and the US compared to the first quarter of last year. In Spain Ebitda came to €432.2 million, due to a 17% drop in production and higher costs in the generation mix.
In the UK, Ebitda came to €173.5 million reflecting on the one hand increased costs and on the other increased gas sales. In Mexico it rose 7.7% to €130.2 million driven by new contracts and renegotiation of existing agreements under more favourable terms.

3. RENEWABLES: RECOVERY IN SPAIN, GROWTH IN UK AND LATAM

Ebitda from renewables rose 24.7% to €428.3 million due to gains in Spain, the UK and Latin America. Of the total, 65% came from outside Spain. In Spain, Ebitda was €149.2 million with a 14.7% drop in production of energy compensated by a recovery from the extraordinarily low prices in 2014.

In the UK, Ebitda from renewables came to €111.2 million with a 14.7% increase in production reflecting a new contribution from the West of Duddon Sands offshore wind farm that reached full operating capacity in October 2014. In the US, a 13.2% fall in output affected Ebitda which came to $88.6 million. In Latin America, Ebitda came to €24.5 million, with a 26.2% increase in production, while in the rest of the world it stood at €28.2 million.

Continued improvement in financial strength

Net adjusted debt stood at €26,305 million compared to €25,718 million at the same time last year, due to a negative currency impact. Gearing improved to 41.2% from 42.2% despite that impact. Excluding financing for the temporary tariff deficit that at the end of March stood at €309 million, net adjusted debt would be €25,996 million and gearing 40.9%.

The Company also improved its financial ratios, with net debt/Ebitda at 3.7 times, funds from operations (FFO) to net debt at 21.1% and retained cash flow/net debt at 17.8%. Reflecting this trend, Moody’s improved Iberdrola’s outlook on April 8 to stable, and confirmed its current Baa1 rating. The Company has the best credit rating among IBEX industrials, and maintained a strong liquidity position exceeding €8.5 billion, enough to cover financing needs for 27 months.

Shareholder remuneration maintained

Performance during the quarter enabled IBERDROLA to reaffirm its commitment to offer shareholders a minimum remuneration of €0.27 gross per share until 2016.

The Board yesterday approved a increase to be carried out in July, the first that was approved by the recent General Shareholders Meeting, in order to implement a new edition of the IBERDROLA flexible dividend programme.

This remuneration plan will allow shareholders to receive IBERDROLA shares free of charge or in cash. To this effect, the Board set the price at which the Company guarantees to acquire subscription rights for shareholders that opt to receive remuneration in cash, at a minimum of €0.113 per share.

To this sum will be added the €0.03 gross per share to be paid on July 3, in addition to the €0.127 gross payment distributed last December against 2014 results, to complete the €0.27/share total remuneration for shareholders.

The Board also approved a capital reduction of 2.32% to maintain the number of outstanding shares at approximately 6.24 billion, thereby fulfilling two of the resolutions approved by the AGM last month in Bilbao where all items on the agenda were supported by an overwhelming majority with a 78.65% quorum.

Establishing a platform for future growth

IBERDROLA is pursuing a business model focused on creating a platform for future growth, based on networks, renewables and regulated generation in countries with a stable regulatory framework and growing demand. The Group expects to end 2015 with increased Ebitda and recurring net earnings compared to 2014.

For networks, the Company has completed the current round of investments in the UK and will continue expanding its regulated asset base through the various regulatory programmes under way in transmission and distribution with €8.3 billion in investments committed up to 2023.

In the US it has also achieved a number of milestones that guarantee growth for coming years: approval of new tariffs and a €800 million investment plan for the 2015-2019 period in Maine and one of €2.6 billion in New York state; initiation of a new rate case as well as negotiations on a new energy framework for New York state and new opportunities for transmission development in both states.

Additionally, the integration between UIL Holdings and Iberdrola USA, with an enterprise value of $4 billion, is envisaged for completion in the last quarter of 2015. Once completed, this would create a new company with more than $30 billion in assets and in which IBERDROLA will hold 81.5%.

During the course of 2015 the Company will advance towards closing the operation with the various required authorizations. It has already received approval from the US Justice Department and the Federal Trade Commission under the Hart-Scott-Rodino anti-trust law.

IBERDROLA expects to obtain all remaining federal authorizations between the third and fourth quarter, including the Massachusetts Department of Public Utilities, the Connecticut Public Utilities Regulatory Authority and the Federal Energy Regulatory Commission.

It also estimates approval will be obtained from the New York Stock Exchange and the Securities and Exchange Commission in the fourth quarter, after which UIL will hold a shareholders meeting which will vote whether to approve the integration which has already been approved by the company's board.

Elsewhere, the Company is consolidating growth in Brazil where a recent tarif review will improve networks business.

In renewables, a number of wind energy projects are confirming the Company's commitment to clean energy and putting into place the foundations for growth in coming years.

In the UK, IBERDROLA has 450 MW in wind projects, of which 350 MW are under construction and 100 MW are due to start construction this year, consolidating the Company as the leading wind energy operator in this country. It has also been awarded a contract for difference CfD) for its East Anglia One offshore wind farm for capacity of 714 megawatts (MW) which will involve an investment of approximately €2.8 billion up to 2019 when it starts operations.

In Germany, the Company is making progress in the 350 MW Wikinger offshore wind farm. In the US it continues to increase installed capacity with new wind farms such as the 202 MW Baffin project, and has an additional 900 MW of wind projects under development.

In Mexico, the Group is building two new wind farms with a total capacity of 136 MW which will start operations in 2015, and has a total wind and solar pipeline of 1,500 MW. In Brazil, it expects to start up 174 new megawatts in wind energy and 2016-2017 and has another 1,000 MW of wind projects in the pipeline. In regulated generation, concentrated in Mexico, IBERDROLA is building two new combined cycle plants and two cogeneration units.



IMPORTANT INFORMATION

This announcement is not an offer for sale or exchange of securities or request for offers for sale or exchange of securities in the United States or in any other jurisdiction. Shares in IBERDROLA S.A may not be offered or sold in the United States absent registration or an exemption from registration under the 1933 US Securities Act, as amended.

FORWARD-LOOKING STATEMENTS

This communication contains forward-looking information and statements about IBERDROLA S.A., including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates” and similar expressions.

Although IBERDROLA, S.A. believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of IBERDROLA, S.A. shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of IBERDROLA, S.A., that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in documents sent by IBERDROLA, S.A. to the Comisión Nacional del Mercado de Valores and accessible to the public.

Forward-looking statements are not guarantees of future performance and have not been reviewed by the auditors of IBERDROLA, S.A. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All subsequent oral or written forward-looking statements attributable to IBERDROLA, S.A., or any of its members, directors, officers, employees or representatives are expressly qualified in their entirety by the cautionary statement above. All forward looking statements included herein are based on the information available on the date hereof. Except as required by applicable law, IBERDROLA, S.A. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

[mickefett]

Präsentation der Ergebnisse des 1.Quartals:

https://www.iberdrola.es/webibd/gc/prod/en/doc/resultados1T1…

[ALF-FRED]

http://www.reuters.com/article/2015/05/04/repsol-kuo-dynasol…

[ALF-FRED]

http://www.it-times.de/news/nicht-nordex-oder-vestas-sondern…

[mickefett]

Vorstellung Ergebnisse des 1.Halbjahres:

https://www.iberdrola.es/webibd/gc/prod/en/doc/retransmision…

[reti]

Antwort auf Beitrag Nr.: 50.191.944 von mickefett am 15.07.15 14:01:21

Eine Frage

Als Aktionär der Aktie wurde ich nach der Rückkehr aus dem Krankenhaus über irgendwelche Bezugsrechte usw überrascht. Mangels Informationsmanko in den letzten 14 Tagen würde ich mich über ein paar aufklärende Worte freuen und ob das nun positiv bewertet werden kann oder doch eher nicht-Danke!

[ALF-FRED]

Antwort auf Beitrag Nr.: 50.215.854 von reti am 18.07.15 15:41:11

grias di reti,

einfach nichts machen, die umtauschfrist ist sowieso vorbei -
du bekommst anstatt dividende ( anders die Anrechte könntest du an der Börse verkaufen ) Aktien eingebucht wenn du nichts machts,

nennt sich flexibles dividendenprogram - findet zweimal im jahr statt,

findest du auf der Homepage von iberdrola irgendwo,

ich mache das schon drei jahre, es gibt zweimal Aktien im jahr anstatt divi, dadurch verringert sich dein einstandskurs und du hast immer mehr Aktien im Depot, mit den jahren wird das immer mehr weil es sich potenziert !

ist diesmal 1 zu 54 , also für 54 Anrechte ( alte Aktien ) bekommst dann zusätzlich 1 neue

[reti]

Antwort auf Beitrag Nr.: 50.218.173 von ALF-FRED am 19.07.15 12:58:26

Danke

das nenn ich doch eine echt hilfreiche Antwort und finde ich ein gutes "Dividendenprogramm", eigentlich ein Grund alles gedeihen zu lassen

[ALF-FRED]

Antwort auf Beitrag Nr.: 50.230.533 von reti am 21.07.15 10:25:17

Ja, ein sogenanntes Witwen und Waisenpapier.

Wunder dich aber nicht, wenn du deinen Steuerfreibetrag schon ausgeschöpft hast, das dir die Bank 25 % Kapitalertragssteuer abzieht. Diese wird aber dann auf den Kaufpreis angerechnet und später beim Verkauf nicht mehr versteuert.

So sparst du dann die spanische Steuer die beim Verkauf der Anrechte anfallen würden.

die spanische Repsol macht es übrigens genau so.

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2015-07/34409594…

[reti]

Antwort auf Beitrag Nr.: 50.239.047 von ALF-FRED am 22.07.15 10:20:28

Dividendein Form von Akien

Obiges finde ich eine gute Idee. Welche aktiennotierte Firma macht so etwas noch?

[ALF-FRED]

Antwort auf Beitrag Nr.: 50.290.086 von reti am 29.07.15 13:51:13

habe noch die spanische Repsol, die macht es auch !

bin vor 3 Jahren durch einen Bekannten darauf gestoßen, insbesondere da damals die spanischen Aktien extrem geshortet wurden ( kurz darauf wurde ein Gesetz erlassen das dieses verbietet ), habe z.b. die Iberdrola mittlerweile zu einem Durchschnittskurs ( ohne die neuen ) von 2,78 Euro.

und die Aktien ( Divi ) gibt es 2 mal pro Jahr Juli / Jan

[mickefett]

Antwort auf Beitrag Nr.: 50.293.146 von ALF-FRED am 29.07.15 19:13:38

In diesem Jahr gibt es so etwas auch bei einer deutschen Aktie:

Aktiendividende

Die ordentliche Hauptversammlung der KTG Agrar SE hat am 24. Juni 2015 unter Tagesordnungspunkt 2 (Beschlussfassung über die Verwendung des Bilanzgewinns) eine Dividende in Höhe von EUR 0,25 je dividendenberechtigter Stückaktie beschlossen. Nach diesem Beschluss wird die Dividende nach Wahl der Aktionäre entweder ausschließlich in bar oder teilweise in bar und teilweise in Form von Aktien der KTG Agrar SE (Aktiendividende) geleistet werden.

Quelle: http://www.ktg-agrar.de/investor-relations/aktiendividende.h…

[reti]

Antwort auf Beitrag Nr.: 50.294.175 von mickefett am 29.07.15 21:55:27

ups

was ist denn heute hier los? gibt es zu den Kurssturz irgendeine negative news?

[Bumala]

ja, möchte ich gern wissen? Wer weiß da Bescheid ex Dividende?

[mickefett]

Antwort auf Beitrag Nr.: 50.540.174 von Bumala am 02.09.15 11:13:55

Das wird wohl eher der Gesamtmarkt sein, der Iberdrola mitzieht. Ich kenne keine negative Unternehmensnachricht.

[mickefett]

21/10/2015
Iberdrola earns a net €1,920 million (+7.8%) with cash flow standing at €4,309 million (+9.1%) in the first 9 months

Positive business performance will enable the company to meet, a year early, its 2016 Outlook targets announced at the Investors' Day
EBITDA rose 5.8% to €5,341 million in the first nine months of the year, driven by the 16.2% growth in international business, in contrast to the 2.1% drop in Spain
Regulated activities already account for almost 75% of EBITDA, with a growth rate of 15.5%
Investment rose 6.7% to €2,096 million, of which 61% is allocated to growth projects
The company's financials continue to improve, with leverage at 41.1% down from 42.2% in the third quarter of the previous year
These results reinforce Iberdrola’s commitment to offering shareholders a minimum annual remuneration of €0.27 gross per share
The Board of Directors approved a free share capital increase for a new edition of the ‘Iberdrola Flexible Dividend’ scrip dividend plan, payable in January 2016, with a minimum guaranteed fixed price of €0.125 gross per free subscription right

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Iberdrola recorded a net profit of €1,919.7 million in the first nine months of 2015, up 8.5% on the same period of last year. Recurrent net benefit, before non-recurring expenses, improved by 8.5% and stands at €1,672.8 million.

EBITDA reached €5,430.7 million by September 2015 (+5.8%). Of that amount, 75% comes from the regulated businesses: Networks, Renewables and Generation Mexico. The good performance in these areas achieved overall EBITDA increases of 15.5%.

Operating cash flow (FFO) increased by 9.1% to €4,308.9 million, exceeding net investments in all businesses, which stood at €2.095.7 million, up 6.7% compared to the first nine months of 2014. Of that amount, 61% went to projects geared towards company growth.

87% of investments were allocated to the regulated businesses: €1,087.1 million to Networks, €514.1 million to Renewables and €211.7 million to Generation Mexico.

Revenues over the period were €23,689.6 million, up by 6.7%, while gross margin grew by 7.3% to € 9,523.9 million. Also, Iberdrola continued to improve its efficiency with net operating expenses dropping by 0.2%, excluding the negative effect of the exchange rate.

Results by businesses: the international area grows 16.2%

The 5.8% increase in EBITDA in the first nine months of year, to €5,431 million, was driven by the positive performance in the international businesses where EBITDA grew by 16.2%. However, there was a 2.1% drop in operations in Spain.

By business, Networks grew by 10.5%, reaching an EBITDA of €2,684.2 million. This result is mostly due to the improved performance of operations in all regions and to the increase in the value of the regulated assets.

The Renewables business increased its EBITDA by 22.7%, rising to €1,126.5 million, driven by higher outputs in the UK and Latin America, the good performance in offshore wind power generation and higher overall prices, offsetting the lower wind power generated in the United States.

These results also offset the worse performance in Generation and Retail, which recorded an EBITDA of €1,735.2 million, down 7.4% on the first nine months of 2014. This drop is mostly due to the lower output in Spain (-10.5%) as well as regulatory obligations and CO2 prices in the United Kingdom.

The Generation business in Mexico improved its EBITDA by 38.5% to €340 million.

Investments up by 6.7% to continue growth

The investments made by IBERDROLA between January and September 2015 totalled €2,095.7 million, up 6.7% on the same period of 2014.

Of that amount, 61% went to projects geared towards growth, including the following:

Offshore wind power: Construction work is ongoing at the Wikinger wind farm in the Baltic Sea, which has a capacity of 350 megawatts (MW). The company plans to commence East Anglia I (714 MW) in 2016 and progress is ongoing at the Saint Brieuc offshore wind farm, with 496 MW capacity. These facilities will be commissioned in 2017, 2019 and 2022, respectively.
Onshore wind power: Iberdrola is developing projects with a total capacity of 1,225 MW of which six new wind farms are already under construction in the United Kingdom, four in the United States - with 100% of the energy under long-term contracts - six in Brazil and two in Mexico.
Regulated generation in Mexico: The company is currently working on the construction of two combined cycle power plants (CCGT), Monterrey V and Baja California III, with a combined installed capacity of 594 MW, to be commissioned during 2016, and it is also building three new cogeneration plants which will begin operations in 2016 and 2017. Additionally, it was awarded construction, operation and ownership of the 890-MW Escobedo combined cycle plant. Overall, more than 1,800 MW will be commissioned by 2018.
Networks in the United Kingdom and United States: The new regulatory frameworks approved in the United Kingdom for transmission and distribution will allow for an increase in the asset value. Meanwhile, there are significant opportunities for growth in transmission infrastructure in Maine and New York State.
New retail products in Spain: Iberdrola has launched new retail products, such as Smart Solar, designed to promote self-supply through solar photovoltaic energy or tailor made plans, A Tu Medida, that include an array of solutions to meet the different customer needs. It has also set up a protocol for protecting vulnerable customers which it is implementing with various Public Administrations.

Financial strength and shareholder remuneration

As well as making the investments listed above, the Group's management has enabled it to maintain financial strength.

Thus, Iberdrola's debt at the end of September stood at €26,159 million, €94 million less than in the same period of the previous year. Financial leverage improves to 41.1% from 42.2% in the same period of the previous year. These figures include €146 million relating to financing the tariff deficit in Spain.

Financial ratios have also continued to improve: net debt/ EBITDA is 3.6 times; the ratio of funds from operations (FFO) to net debt is 22.2% and the retained cash flow (RCF)/ net debt ratio is 19.7%.

Iberdrola’s strong liquidity position at the end of the third quarter of 2015, exceeding €8,100 million, is equivalent to more than 27 months of the company’s financing needs.

This solid balance sheet enables Iberdrola to reaffirm its commitment of offering its shareholders an annual remuneration of at least €0.27 gross per share.

With the new capital increase approved yesterday by the Board of Directors for a new edition of the Iberdrola Flexible Dividend scrip dividend programme, Iberdrola will be offering shareholders opting for the rights purchase commitment undertaken by the company, the possibility of receiving at least €0.125 gross per free allocation right. The amount will be paid in January, as scheduled.

The remaining amount - to complete the aforementioned €0.27 gross per share - will be paid throughout 2016 by means of a new edition of the Iberdrola Flexible Dividend plan and a complementary dividend in cash, if approved at the Annual Shareholders’ Meeting.

Iberdrola also plans to launch a share repurchase programme to maintain stock capital at 6,240 million shares.

2016 Outlook targets met a year early

The good operational performance by the businesses and the Group's management mean that Iberdrola is in a position to reaffirm its goals for 2015: to end the year with higher EBITDA and net recurring profit than in 2014 and with better financial ratios than those of the previous year.

Iberdrola is on track to meet, a year early, the targets set for its 2016 Outlook as presented in February 2014. In fact targets for FFO/net debt and RCF/net debt have already been met.

In order to continue advancing its commitments, the Group will carry on developing a business model around three key pillars: growth, financial strength and sustainable shareholder remuneration.

The last quarter of the year will also be particularly important as regards the merger between Iberdrola USA and UIL Holdings.

The transaction is expected to be completed by the end of 2015, having already secured all necessary Federal approvals and made progress towards obtaining the relevent authorisations in the States of Connecticut and Massachusetts.



IMPORTANT INFORMATION

This communication does not constitute an offer to purchase, sell or exchange or the solicitation of an offer to purchase, sell or exchange any securities. The shares of Iberdrola, S.A. may not be offered or sold in the United States of America except pursuant to an effective registration statement under the Securities Act or pursuant to a valid exemption from registration.

FORWARD-LOOKING STATEMENTS

This communication contains forward-looking information and statements about Iberdrola, S.A., including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates” and similar expressions.

Although Iberdrola, S.A. believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Iberdrola, S.A. shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Iberdrola, S.A., that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public documents sent by Iberdrola, S.A. to the Comisión Nacional del Mercado de Valores.

Forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of Iberdrola, S.A. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All oral or written forward-looking statements hereby made or otherwise attributable to Iberdrola, S.A. or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified on its entirety by the cautionary statement above. All the forward-looking statements included herein are based on information available to Iberdrola, S.A. on the date hereof. Except as required by applicable law, Iberdrola, S.A. does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

ADDITIONAL INFORMATION AND WHERE TO FIND IT

Iberdrola USA, Inc. will file with the United States Securities and Exchange Commission (“SEC”) a registration statement on Form S-4, in which a proxy statement will be included as a prospectus, and other documents in connection with the proposed merger. The UIL Holdings Corporation (“UIL”) proxy statement/prospectus will be sent to the stockholders of UIL. STOCKHOLDERS OF UIL ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, AND ANY OTHER FILINGS THAT MAY BE MADE WITH THE SEC IN CONNECTION WITH THE MERGER WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER. The registration statement and proxy statement/prospectus and other documents which will be filed by Iberdrola USA, Inc. with the SEC, when filed, will be available free of charge at the SEC’s website at www.sec.gov External link, opens in new window. Open in new window., on Iberdrola USA, Inc.’s website at http://www.iberdrolausa.com External link, opens in new window. Open in new window. or by contacting Iberdrola’s Investor Relations Department. Such documents are not currently available. You may also read and copy any reports, statements and other information filed by Iberdrola USA, Inc. and UIL with the SEC at the SEC public reference room at 100 F Street N.E., Room 1580, Washington, D.C. 20549. Please call the SEC at [phone] External link, opens in new window. Open in new window. or visit the SEC’s website for further information on its public reference room. Certain executive officers and directors of UIL have interests in the proposed transaction that may differ from interests of stockholders generally, including benefits conferred under retention, severance and change in control arrangements and continuation of director and officer insurance and indemnification. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to appropriate registration or qualification under the securities laws of such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

[mickefett]

Iberdrola-Aktie: Zusammenschluss von Iberdrola USA und UIL vollzogen - Aktienanalyse



04.01.16 12:45
Independent Research

Frankfurt (www.aktiencheck.de) - Iberdrola-Aktienanalyse von Aktienanalyst Sven Diermeier von Independent Research:

Sven Diermeier, Aktienanalyst von Independent Research, bestätigt in einer aktuellen Aktienanalyse sein Anlagevotum für die Aktie des spanischen Energieversorgers Iberdrola SA (ISIN: ES0144580Y14, WKN: A0M46B, Ticker-Symbol: IBE1, Nasdaq OTC-Symbol: IBDSF).

Mitte Dezember 2015 sei der Ende Februar 2015 angekündigte Zusammenschluss von Iberdrola USA (100%-ige Tochtergesellschaft von Iberdrola) und dem US-Versorger UIL per Aktientausch und Barzahlung vollzogen worden. Iberdrola sei an der fusionierten Gesellschaft (firmierend unter Avangrid) mit 81,5% beteiligt. Damit würden die Spanier ihr Engagement in "AAA"-Ländern ausbauen und die Abhängigkeit vom Heimatmarkt weiter reduzieren. Durch den Kursanstieg im Jahr 2015 (+19%; zum Vergleich europäischer Versorgerindex: -4%) sei die Dividendenrendite (2015e: 4,3%; 2016e: 4,4%) der Iberdrola-Aktie im Branchenvergleich unterdurchschnittlich, aber nach Meinung von Diermeier ansprechend.

Sven Diermeier, Aktienanalyst von Independent Research, bewertet die Iberdrola-Aktie weiterhin mit dem Rating "halten". Das Kursziel werde bei 7,00 Euro belassen. (Analyse vom 04.01.2016)

Börsenplätze Iberdrola-Aktie:

Tradegate-Aktienkurs Iberdrola-Aktie:
6,405 EUR -2,39% (04.01.2016, 11:48)

ISIN Iberdrola-Aktie:
ES0144580Y14

WKN Iberdrola-Aktie:
A0M46B

Ticker-Symbol Iberdrola-Aktie:
IBE1

Nasdaq OTC Ticker-Symbol Iberdrola-Aktie:
IBDSF

[mickefett]

Gamesa and Iberdrola Ingeniería to build wind farms in Costa Rica

04 January 2016
Gamesa and Iberdrola Ingeniería have signed an EPC contract with Globeleq Mesoamerica Energy (GME) to build four wind farms with a total capacity of 80 MW in Costa Rica.

The two companies will handle all the construction and commissioning phases required for this project, named Alisios, which comprises four 20-MW wind farms: Vientos de la Perla and Vientos de Miramar, located in the Liberia region, and Altamira and Campos Azules, to be developed in the Tilarán region.

Specifically, Gamesa will manufacture 19 of its G90-2.0 MW turbines and 21 of its G87-2.0 MW turbines for delivery during the second quarter of 2016, while Iberdrola will handle the engineering, procurement and construction (EPC) side of this renewable facility, which is due for commissioning towards the end of next year.

Alisios is set to have a very significant impact on its surroundings as it will be able to cater to demand for electricity from some 60,000 Costa Rican households and create around 400 jobs during the construction process. In addition, Alisios will prevent the emission of around 172,000 tonnes of carbon dioxide each year.

[ALF-FRED]

sehr solides Unternehmen, bin begeistert

https://www.consorsbank.de/News/CNIDis23225750-DJ-MOODYS-PRU…

[ALF-FRED]

sehr solides Unternehmen, bin begeistert


https://www.consorsbank.de/News/CNIDis23225750-DJ-MOODYS-PRU…" target="_blank" rel="nofollow ugc noopener">
https://www.consorsbank.de/News/CNIDis23225750-DJ-MOODYS-PRU…

[ALF-FRED]

TODAY'S HEADLINES FEB 23, 2016 11:55AM

BRIEF-Spain's Iberdrola says to cancel some shares

Feb 23 (Reuters) - Iberdrola SA IBE.MC
* Says in statement will ask shareholder approval at annual
general meeting to cancel shares worth up to 2.46 percent of its
capital.
* Says also to buy back up to 8.35 million shares, or around
0.131 percent of its capital.

Further company coverage:


(Reporting by [e-mail])
(([phone])

[mickefett]

24/02/2016
Iberdrola to invest €24 billion in 2016-2020 with projected average earnings growth of 6% per annum

Having anticipated energy transition, the group maintains commitment to a sustainable model with the creation of jobs and value for society
88% of investments will be allocated to Networks (46%), Renewables (33%) and Regulated Generation (9%) businesses which jointly will account for 81% of the group’s EBITDA by the end of the period
Thus, the company enters a new stage, with 70% of planned investments – €17 billion – earmarked for growth, 90% of which already committed
By currency, investments will be split in US dollars (43%), GB pounds (35%), euro (20%) and other currencies (2%) providing geographical balance to results
Average annual increases of 6% in EBITDA and net profit will enable improved shareholder remuneration on a sustainable and incremental basis, in line with results
Investments reach €3.2 billion (+13.2%) of which 62% was allocated to growth
Iberdrola closes 2015 with 1,750 new employees and 550 new interns hired, having generated 360,000 jobs in the countries where it has operations
The Group recorded a net profit of €2,422 million in 2015 (+4.1%) and an EBITDA of €7,306 million (+4.9%), having reached a year in advance the targets set in its 2014-2016 Outlook
These results make it possible to propose to the General Shareholders’ Meeting, which has been called for 8th April, the approval of a 4% increase in annual shareholder remuneration to €0.28 gross per share
Group emissions, which now stand 30% below the European industry average, will be reduced 50% by 2030. The company will be carbon-neutral by 2050
In 2015, the company made purchases of goods and services worth €7.5 billion to over 17,600 suppliers
Iberdrola’s contribution to tax and fiscal authorities amounts to €5.52 billion across the globe

| Event connection through webcast |

Iberdrola is to invest €24 billion in 2016-2020, according to the new Outlook presented today by the company. The group will continue building a business model based on the creation of long-term value that will enable it to maintain is strong financials and offer a sustainable return to its shareholders.

Some €22 billion – over 90% of planned investments – will be allocated to projects to which it has already committed, out of which 60% are under construction. Also, €17 billion – 70% of total – will be on initiatives focusing on growth.

As regards the business profile, Iberdrola will continue to focus on regulated areas that provide stable, predictable and long-term earnings. Thus, 88% of the €24 billion total investment will be allocated to regulated activities or long-term contracts: 46% to Networks, 33% to Renewables and 9% to Regulated Generation. The remaining 12% will be invested in Generation and Retail.

By currency, the company will continue diversifying its business and boosting the process of internationalisation began more than a decade ago now. 43% of planned investments will be made in US dollars, 35% in GB pounds, 20% in euros and the remaining 2% in other currencies, providing geographical balance to results.

The following are some of the main investments to which Iberdrola has already committed:

United Kingdom: transmission and distribution infrastructure under regulatory frameworks that have already been approved - until 2021 and 2023, respectively - and an increase in renewable capacity with the commissioning of 1,070 new megawatts (MW) in offshore wind power and 450 new MW in onshore wind power.
United States: following the completion in record time of the merger between Iberdrola USA and UIL Holdings Corporation, AVANGRID, the new US sub-holding, which operates within stable tariff regimes in the states of New York, Maine, Connecticut and Massachusetts, will be developing new networks infrastructure projects in the state of New York and installing over 750 MW of renewable capacity. AVANGRID, which is listed on the New York Stock Exchange with a market cap of over US$12 billion, distributes electricity via seven utilities in four states. It is the second wind power operator in the United States and its emissions level is almost zero.
Iberia: in Spain, where there is a stable tariff framework for electricity distribution by 2019, Iberdrola will continue to deploy smart grids. In Portugal, the company will continue to develop the Alto Tâmega hydroelectric project, which will see its capacity increased by an additional 1,160 MW of storage capacity.
Mexico: in keeping with its commitment to this country after the approval of the energy reform, Iberdrola plans to commission new combined cycle and cogeneration plants with long-term contracts for a total capacity in excess of 1,600 MW.
Brazil: the company has approved tariff frameworks for networks up to 2017, 2018 and 2019 and it plans to go on contributing to the development of clean energies in the country, with 180 new MW under construction. It will also be increasing its hydroelectric capacity via its stake in Neoenergia.

Once these investments are complete, Iberdrola expects that by 2020, 81% of its gross operating profit (EBITDA) will be from regulated businesses or long-term contracts (compared to the current rate of 75%) and over 60% will be generated in dollars and pounds.

In terms of how profits will evolve, Iberdrola expects both EBITDA and net earnings to increase by an average of 6% per year until 2020. On the other hand, funds from operations (FFO) accumulated over the 2016-2020 period will amount to €34.5 billion, exceeding investments in all businesses.

Also, the company will continue to strengthen its balance sheet whilst enhancing its financial ratios. Notably, by 2018, its net debt/ EBITDA and funds from operations (FFO)/ net debt ratios are expected to stand at a maximum of 3.6 times and a minimum of 22%, respectively. Moreover, by 2020, the former of these ratios will be reduced to 3.1 times.

Improved shareholder remuneration

Thanks to the favourable business performance, Iberdrola will be in a position to increase its shareholder remuneration in line with earnings growth.

Pay-out – the percentage of profit allocated towards shareholder remuneration – will be within the 65% to 75% range and the Iberdrola Flexible Dividend scheme, enabling shareholders to choose between receiving their remuneration in cash or in the form of new shares in the group free of charge, will be maintained.

Also, Iberdrola will be implementing share buyback schemes so that the number of shares in its corporate stock will remain at 6,240 million.

As the first step in the upward trend for shareholder remuneration, it is expected that the annual return for 2015 will be at least €0.28 gross per share, 4% higher than the €0.27 paid in previous years.

Remuneration will consist of the €0.127 gross per share already paid out last January (through the second capital increase implemented within the Iberdrola Flexible Dividend scheme approved by the AGM on 27 March 2015), plus a cash payment of €0.03 gross per share payable next July, and a payment of at least €0.123 gross per share to be approved by the General Shareholders’ Meeting on 8th April.

Also, an attendance premium of €0.005 gross per share will be paid to shareholders who attend the meeting in person or delegate their representation.

Furthermore, the company will be proposing a maximum 2.46% reduction in its share capital, so as to avoid the dilutive effect of the Iberdrola Flexible Dividend scheme, thereby helping to maintain earnings per share.

Long-term sustainable model

The Outlook for 2016-2020 will continue to strengthen the Iberdrola business model, which is based on sustainability and long-term visibility, while at the same time maintaining a strong commitment to society and fostering development in the regions where the group has operations.

This model, which combines strategy, execution and values to deliver results, is the same one that has made it the first European utility by market capitalization, with a total shareholder return (TSR)Note (1) of 240% between 2001 and 2015.

In this regard, having already generated some 360,000 jobs worldwidesNote (2), the company hired 1,750 new employees and provided training to 550 young interns in 2015. The company’s annual purchases from over 17,600 global suppliers amount to some €7.3 billion.

This value creation is completed by the group’s fiscal contribution which amounts to some €5.52 billion per year on a global scale, including direct and collected taxes.

This will all be accompanied by a strong commitment to society and the environment: Iberdrola plans to reduce the intensity of its emissions by 2030 by 50% compared to its specific emissions for 2007, to become carbon-neutral by 2050 and to go on creating stable, high quality employment through its investments and purchases from suppliers. Nowadays, the company’s emissions are already 30% lower than the average for the European sector.

Iberdrola records profit of €2,422 million (+4%) in 2015

Iberdrola recorded a net profit of €2,421.6 million in 2015, 4.1% more than the previous year. EBITDA rose to €7,305.9 million, i.e. a 4.9% increase on 2014. Of this amount, the regulated businesses contributed 75%.

These good results are the consequence of the positive business performance, particularly in Renewables, where EBITDA increased by 18.6% to €1,572.3 million, driven by the recovery of prices in Spain and the good performance in Latin America and the United Kingdom, where the contribution of West of Duddon Sands offshore windfarm has been particularly noteworthy.

In turn, EBITDA improved by 1.9% in the Networks business, rising to €3,601.6 million with a significant increase of regulated assets in Britain and the US. Regulated Generation in Mexico grew by 30.1% due to greater activity with private customers. Lastly, Generation and Retail business fell by 4% due to reduced production in Spain and non-recurrent costs in the UK.

Revenues increased by 4.6% in 2015, amounting to €31,418.7 million and the gross margin climbed to €12,842.7 million, up 5.4% on the previous year. Iberdrola has also continued to make progress in enhancing its efficiency, with a 1.6% reduction in net operating expenses, not including the effect of exchange rates.

Funds from operations (FFO) increased by 8.2% to €5,906.7 million, exceeding investments in all businesses, which stood at €3,223 million in the year, up 13.2% on the previous period. Of this amount, 91% was allocated to regulated areas and 62% to growth projects.

Earnings for the year were affected by the value adjustment of Longannet power plant due to its upcoming closure, which generated a provision for impairment of €230 million, and by a €170 million rate reduction in the United Kingdom. The effects of consolidating AVANGRID in the last quarter should also be taken into account, as they represent a negative impact of €60 million on EBITDA and €45 million on the group’s net profit.

As regards changes in the balance sheet, Iberdrola has continued to improve its gearing, which dropped to 40.7% at the end of the year, compared to 41.8% in 2014. This was possible due to the generation of positive cash flows and despite the UIL Holdings merger and the depreciation of the euro. The latter two factors had a negative impact on debt, which stood at €28.067 billion at the end of December.

These results mean that IBERDROLA has reached the targets it had set itself for 2016 a year ahead of schedule, both in terms of net profit and net debt/ EBITDA and FFO/ EBITDA ratios, if the effect of the merger with UIL Holdings Corporation is excluded.

Evolution by business: growth in all areas

The Networks business recorded an EBITDA of €3,601.6 million (+1.9%), affected by the lower extraordinary results in Brazil compared to 2014.

EBITDA for this area is €1,449.6 million in Spain, driven by the efficiency measures that have been implemented. In the United Kingdom, EBITDA rose to GBP826.4 million and in the United States, to US$859.9 million. In Brazil, the Networks area recorded an EBITDA of RS$884.4 million.

Generation and Retail recorded an EBITDA of €2,320 million in 2015 (+1.2%), driven by the improved business in Mexico, where the higher output and contract renegotiation took EBITDA to US$ 505.8 million. In Spain, the year was marked by the lower output (-8.8%) and EBITDA stood at €1,502.3 million.

In the United Kingdom, this business recorded an EBITDA of GBP305.5 million, affected by the costs associated to the closure of Longannet power plant, the increased carbon levy and the rise in non-energy costs.

The Renewables area increased its EBITDA by 18.6% to €1,572.3 million by the end of 2015. In Spain, EBITDA for this business rose to €473.2 million, in a financial year in which the lower output was compensated by the recovery in prices.

Performance in the United Kingdom was marked by the positive performance of operations, with a 19.3% increase in output, lifted by the positive contribution of West of Duddon Sands offshore windfarm.re As a result EBITDA rose to GBP317.7 million.

Meanwhile, in the United States, Renewables EBITDA, US$554.7 million, was affected by the 4.1% drop in output. In Latin America, EBITDA rose to €69.9 million, thanks to the increase in capacity in Mexico (+60%) and Brazil’s output (+17.4%). Elsewhere in the world, the figure recorded for EBITDA was €92.1 million, boosted by a 7.4% increase in output.

In 2016, Iberdrola anticipates EBITDA growth in Networks, Generation and Retail whereas Renewables earnings will remain stable. This positive performance will carry an increase in net profit.



IMPORTANT INFORMATION

This release does not constitute an offer of purchase, sale or exchange, nor a request for an offer of purchase, sale or exchange of securities in the United States of America or in any other jurisdiction. The shares of Iberdrola,S.A. may not be offered or sold in the United States of America except pursuant to an effective registration statement under the Securities Act of 1933 or pursuant to a valid exemption from registration.

FORWARD-LOOKING STATEMENTS

This communication contains forward-looking information and statements about IBERDROLA, S.A., including financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, capital expenditures, synergies, products and services, and statements regarding future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates” and similar expressions.

Although IBERDROLA, S.A. believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of IBERDROLA, S.A. shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of IBERDROLA, S.A., that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the public documents sent by IBERDROLA, S.A. to the Comisión Nacional del Mercado de Valores, which are available to the public.

Forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of IBERDROLA, S.A. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All oral or written forward-looking statements hereby made or otherwise attributable to IBERDROLA, S.A. or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All the forward-looking statements included herein are based on information available on the date hereof. Except as required by applicable law, IBERDROLA, S.A. does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


For more information look up Full Year 2015 Report Results [PDF] External link, opens in new window. and Full Year 2015 Results Presentation [PDF] External link, opens in new window..

[mickefett]

ROUNDUP: Iberdrola startet Bau für Offshore-Windpark nahe Rügen

SASSNITZ (dpa-AFX) - Das Baufeld in der Ostsee vor Rügen ist vorbereitet. Ein Bauschiff mit den ersten 32 Fundamenten nimmt vom spanischen Aviles Kurs dorthin. Das Installationsschiff "Giant 7" wird im Rostocker Hafen bestückt: Parallel zu den ersten Aktivitäten auf See gaben Iberdrola -Projektleiter Tanis Rey-Baltar und Verkehrsminister Christian Pegel (SPD) am Donnerstag an Land das Startsignal für den Bau des 1,4 Milliarden-Euro-Projektes "Wikinger" rund 30 Kilometer nordöstlich von Rügen.

Mit "Wikinger" baut der spanische Energiekonzern Iberdrola seinen ersten Offshore-Windpark in Deutschland. "Mit diesem Projekt sind wir Teil der deutschen Energiewende", sagte Rey-Baltar im Fährhafen Sassnitz.

Der Zeitplan der Spanier ist ambitioniert: Noch vor Ostern sollen die Rammarbeiten für die ersten Fundamente beginnen. Teilweise werden sie bis zu 40 Meter tief im Boden verankert. Die Rotoren der 5-Megawatt-Turbinen haben einen Durchmesser von 135 Metern - die doppelte Höhe der Berliner Siegessäule. Ende 2017 - so die Iberdrola-Pläne - soll das 350-Megawatt-Projekt mit insgesamt 70 Anlagen ans Netz gehen und rein rechnerisch Strom für rund 350 000 Haushalte liefern, wie Rey-Baltar sagte.

"Wikinger" ist nach Baltic 1 und Baltic 2 der dritte Windpark in der deutschen Ostsee. Die Spanier - eigenen Angaben zufolge mit 14 200 Megawatt installierter Leistung Weltmarktführer in puncto Windkraft - planen bereits ein weiteres Projekt. Die Arbeiten für das Projekt "Windanker" in der Nähe von "Wikinger" könnten 2021 starten. "Es gibt eine Menge an Synergien. Dies kann ein sehr effizientes Projekt werden", sagte Rey-Baltar. Die Investition sei jedoch abhängig von der Neufassung des Erneuerbare-Energien-Gesetzes, nach der die Vergabe auf das Modell von Ausschreibungen umgestellt werden soll. Iberdrola sieht wie andere Investoren auch die vorgesehene Obergrenze zum Bau von Offshore-Windparks kritisch.

Im Fährhafen Sassnitz sorgte der Baustart am Donnerstag für zufriedene Gesichter. Dies sei ein guter Tag für die Energiewende und für den Wirtschaftsstandort Mecklenburg-Vorpommern, sagte Pegel. Iberdrola will den Hafen für 25 Jahre als Service- und Wartungspunkt nutzen. Damit sollen 200 direkte und indirekte Arbeitsplätze in Sassnitz entstehen. Der Hafen, dessen Umschlag in den vergangenen Jahren auf zuletzt 1,8 Millionen Tonnen absackte, setzt zunehmend auf Industrie und Industriearbeitsplätze. "Die Transitverkehre haben sich mit der EU-Osterweiterung verschoben", begründete Hafenchef Harm Sievers den Tonnage-Rückgang. Gerade Lastwagen aus Polen und Tschechien steuerten den Hafen Swinemünde an.

Vor dem Hintergrund von teils scharfer Kritik am Windkraftausbau betonte Pegel die Potenziale der erneuerbaren Energien für Mecklenburg-Vorpommern. Die Energiewende sei eine Riesenchance für das Land und könne für eine Reindustrialisierungswelle sorgen. Das Iberdrola-Projekt sei nicht nur wirtschaftspolitisch willkommen, sondern auch klimatechnisch "ein Knall" mit 600 000 Tonnen CO2-Einsparung pro Jahr.

Nach Iberdrola-Angaben gehen mehr als 50 Prozent des Gesamtauftragsvolumen an deutsche Firmen oder Subunternehmen. Unterdessen treibt der Stromnetzbetreiber 50 Hertz die Vorarbeiten für die Verlegung der Stromtrasse voran. Von Mai an sollen die insgesamt 90 Kilometer langen Seekabel zwischen Windpark und Anlandestelle Lubmin verlegt werden./mrt/DP/stb

ISIN ES0144580Y14

AXC0289 2016-03-17/15:08

© 2016 dpa-AFX

[ALF-FRED]

http://www.finanzen.net/nachricht/anleihen/SP-Manweb-plc-Moo…

[mickefett]

http://streamstudio.world-television.com/CCUIv3/download.asp…

[ALF-FRED]

bald gibt es wieder Divi - oder anders Aktien für lau

Quelle - meine Bank

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2016-06/37845607…

[reti]

Geld oder Aktie?

was nehmt Ihr wahr vom Angebot?

[ALF-FRED]

Antwort auf Beitrag Nr.: 52.782.868 von reti am 07.07.16 08:45:36

grundsätzlich seit Jahren immer die Aktien, die werden immer mehr und der Einstandskurs wird im Schnitt immer günstiger, ich liege z.Z. bei 2,68 Euro da kann auch ein Brexit nicht dran rütteln.

[reti]

Antwort auf Beitrag Nr.: 52.782.901 von ALF-FRED am 07.07.16 08:50:40

jepp

sehe das ähnlich und in dem Fall braucht man nur wieder ellenlang warten bis es eingepreist ist, aber was solls

Ähnliche Modelle bietet ja Repsol und auch das in Insolvenz gegangenne ktg Agrar, kennst noch andere?

[ALF-FRED]

Antwort auf Beitrag Nr.: 52.782.931 von reti am 07.07.16 08:54:14

ja, Repsol und Iberdrola habe ich seit 2012 und nehme immer die Aktien, Anfang des Jahres wo der Oelpreis unter 30 Dollar lag hab ich bei Repsol nochmal richtig zugelangt, dort läuft das flexibel Diviprogram bin Minimum 2020 - das rechnet sich, da es sich ja potentiert

auf die Divi die nächste Divi usw., das einizig " etwas ärgerliche " ist, dass die Bank sofort die 25% Abschlagssteuer abzieht, diese würde aber beim späteren Verkauf angerechnet.

[ALF-FRED]

Antwort auf Beitrag Nr.: 52.783.177 von ALF-FRED am 07.07.16 09:16:58

und Freitag gab es zusätzlich nochmal 3 cent pro share aufs Konto

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2016-10/38968178…

[ALF-FRED]

auch hier gibt es wie bei Repsol etwas direkt nach Weihnachten

https://www.iberdrola.com/shareholders-investors/shareholder…

[reti]

Antwort auf Beitrag Nr.: 53.861.923 von ALF-FRED am 09.12.16 12:10:06

Gibt es schon einen Anhaltspunkt für das Aktien neu Verhältnis?

[ALF-FRED]

auf der hompage steht - minimum 0,135 Euro pro share

[ALF-FRED]

super Ergebnis, mehr Divi 0,31 Euro, bis 2020 können 0,40 Euro erreicht werden - das nenn ich mal einen Versorger -

und natürlich das flexible Dividendenprogramm

[ALF-FRED]

Antwort auf Beitrag Nr.: 54.387.760 von ALF-FRED am 22.02.17 21:30:47

wenn ich mir die neue Homepage anschaue, dann passt das zum " Grün " - dann weg mit den letzten Atomresten und - bitte die Ausschüttung - an die Aktionäre !!!!

[ALF-FRED]

1 zu 47
https://www.iberdrola.com/wcorp/gc/prod/en_US/inversores/hr/…" target="_blank" rel="nofollow ugc noopener">
https://www.iberdrola.com/wcorp/gc/prod/en_US/inversores/hr/…

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2017-07/41228868…

[reti]

Antwort auf Beitrag Nr.: 55.351.271 von ALF-FRED am 19.07.17 01:03:15

1. Photovoltaik Großprojekte

Das Unternehmen, dass derzeit 780 Millionen US-Dollar in Erneuerbaren-Projekte investiert, baut zwei Solarparks mit 170 und 100 Megawatt in Mexiko. Bis 2019 will es insgesamt 1000 Megawatt Erneuerbaren-Anlagen realisieren.

Lesen Sie den spanischen Artikel auf www.pv-magazine-latam.com

[ALF-FRED]

z. Z. wirken sich die Unruhen um Katalonien etwas negativ auf den Kurs aus, meiner Meinung nach ist es für langfristige Anleger aber positiv, da beim flexiblen Diviprogramm im Dez. mehr Aktien zu bekommen sind. Dann kann es wieder steigen!

[ALF-FRED]

0,140 euro per share

https://www.iberdrola.com/shareholders-investors/shareholder…

[ALF-FRED]

Antwort auf Beitrag Nr.: 56.173.146 von ALF-FRED am 13.11.17 19:17:06

Preisfeststellung zwischen 02.01 - 08.01.2018

https://www.iberdrola.com/shareholders-investors/shareholder…

[ALF-FRED]

Antwort auf Beitrag Nr.: 56.173.716 von ALF-FRED am 13.11.17 20:12:31

15. How many rights are needed to receive one new share?

The number of free-of-charge allocation rights required to receive one newly issued share will be calculated on the basis of the listed price for Iberdrola shares on 2, 3, 4, 5 and 8 January 2018 (that is, the five days prior to the approval of the implementation of the transaction), as well as the formula approved in the 2017 General Shareholders' Meeting available on this website. It will be announced on 9 January 2018 by means of a notice of significant event.

[ALF-FRED]

so,der Preis ist raus

0,14 per share

1 zu 46

also für 46 alte Aktien bekommt man 1 neue im script Diviprogramm
https://www.iberdrola.com/shareholders-investors/shareholder…" target="_blank" rel="nofollow ugc noopener">
https://www.iberdrola.com/shareholders-investors/shareholder…

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2018-01/42701724…

[ALF-FRED]

jepp, das ist doch mal was

http://www.finanznachrichten.de/nachrichten-2018-01/42797858…

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2018-02/43000177…

[ALF-FRED]

Aktienrückkaufprogramm

https://www.cnmv.es/Portal/hr/verDoc.axd?t={59c3047f-da28-40…

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2018-02/43058014-iberdrola-kauft-eigene-aktien-fuer-745-millionen-euro-zurueck-015.htm

[ALF-FRED]

Antwort auf Beitrag Nr.: 57.073.152 von ALF-FRED am 20.02.18 19:02:37

oh der war nix, dann den neuen

http://www.finanznachrichten.de/nachrichten-2018-02/43058014…

[ALF-FRED]

script Diviprogramm bleibt

https://www.marketwatch.com/story/iberdrola-4q-net-profit-fa…

[ALF-FRED]

Antwort auf Beitrag Nr.: 57.083.859 von ALF-FRED am 21.02.18 19:19:34

https://www.wiwo.de/spanischer-energiekonzern-iberdrola-will…

[ALF-FRED]

http://www.mexico-now.com/index.php/article/3691-iberdrola-t…

[ALF-FRED]

da ist ja noch Luft drinnen - 2 Euro !!! KZ 8,20 Euro

http://www.finanznachrichten.de/nachrichten-2018-03/43362193…

bin ich hier eigentlich alleine ? dann brauch ich nix mehr reinstellen

[mickefett]

Antwort auf Beitrag Nr.: 57.389.177 von ALF-FRED am 26.03.18 17:06:15

Aufrufe heute: 31
Gesamt: 123.430
Also ganz allein bist du schon mal nicht.

Aber die 2€ als möglicher Anstieg ist wohl im Moment illusorisch. Man investiert sehr viel, ja: Windparks in England, USA, Mexico, Brasilien und jetzt sogar in Deutschland. Dafür beschränkt man sich auf eine verhältnismäßig kleine aber abgesicherte Dividende bis 2022.

[ALF-FRED]

Antwort auf Beitrag Nr.: 57.393.176 von mickefett am 26.03.18 23:15:16

Dann bin ich ja beruhigt, mich würde mal interessieren wer sich die halbjährige Divi auch in Aktien auszahlen lässt?
Mit den Jahren potenziert sich das und es werden immer mehr, weiterhin spart man sich die Ausländische Steuer, da macht das doch Sinn!

[mickefett]

Meistens lasse ich mir, was möglich ist die Dividende in Aktien ausbezahlen.

[ALF-FRED]

was ist denn da los ?

6,47 im Xetra + 10 %

[mickefett]

Antwort auf Beitrag Nr.: 57.426.485 von ALF-FRED am 29.03.18 18:41:50

Bei Forbes stand etwas von einer nicht unwichtigen Ausschreibung, die Avangrid in Amerika gewonnen hat. Aber das war auch schon gestern in anderen Veröffentlichungen zu lesen. Vielleicht ist es doch was anderes.

[ALF-FRED]

Antwort auf Beitrag Nr.: 57.428.813 von mickefett am 29.03.18 23:07:31

War wohl ein Ausrutscher da das Orderbuch xetra nix mehr hergab, aber auf der Homepage steht das richtig fett die nächsten Jahre investiert wird.

[ALF-FRED]

Antwort auf Beitrag Nr.: 57.428.951 von ALF-FRED am 29.03.18 23:38:32

das hier ist übrigens die " richtige Seite " die die Aktionäre interessieren sollte - wir wollen ja informiert sein und nicht etwa Strom kaufen !!!

https://www.iberdrola.com/home

[ALF-FRED]

Morgen 13.04.2018 HV - Divi von 4,2 % also 0,323 Euro in Sicht 😎

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2018-04/43548827…

[ALF-FRED]

http://www.finanznachrichten.de/nachrichten-2018-04/43615935…

[ALF-FRED]

im Xetra mal wieder mit Ministücken Kursexplosion !

[ALF-FRED]

Deutsche Bank. Kursziel. 7,50 Euro nach den Zahlen - geht doch🤓

[ALF-FRED]

http://www.aktiencheck.de/exklusiv/Artikel-Iberdrola_Aktie_J…

[ALF-FRED]

https://www.euwid-energie.de/offshore-wind-zuschlaege-fuer-4…

[ALF-FRED]

Kursziel 8,20 Euro

https://www.finanznachrichten.de/nachrichten-2018-05/4386457…

[ALF-FRED]

Wenn ich es richtig in Erinnerung habe ist am 05.07. der Stichtag für die Divi, deswegen steigst auch wohl. Sobald das Umtauschverhältnis auf der Homepage steht stelle ich es hier rein. Z.z. Steht dort nur ein Beispiel! 🤓

[DaakMaak]

Danke, dass Du den Thread hin und wieder mit Neuigkeiten fütterst. Iberdrola ist ja leider kein angesagter Titel in diesem Board. Nichtsdestotrotz ein solider Langzeitbestandteil meines Dividendendepots. Und Ende März am Xetra-Low bei 5,65 € hatte ich tatsächlich das große Glück, noch eine weitere Tranche zukaufen zu können.

[mickefett]

Antwort auf Beitrag Nr.: 58.129.055 von DaakMaak am 03.07.18 19:54:49

Seit Januar 2012 mit wieder investierten Erträgen habe ich eine Wertsteigerung um 274%. Dabei war diese Zeit schon "schwierig" für Iberdrola. Ich denke, dass viele Investitionen erst noch wirklich lukrativ werden.

[ALF-FRED]

Antwort auf Beitrag Nr.: 58.130.540 von mickefett am 03.07.18 22:33:14

Ja, nach jeder Gutschrift zeigt mein Depotposten einen geringeren Einstandskurs an, dazu noch eine größere Aktienzahl. Prozentual wird es immer mehr ohne Anstrengung.
Dann gab es noch immer ein paar Cent zwischendurch in Cash, über die Jahre rechnet sich die Potenzierung, ich mache es auch seit Anfang 2012 weil mich ein guter Freund darauf hingewiesen hat, das gewisse spanische Aktien nicht mehr geshortet werden dürfen ( damals in der Krise ) ich hab das geglaubt und Repsol und Iberdrola gekauft, jetzt laß ich einfach laufen und freu mich, Repsol wurde nochmal Anfang 2016 nachgekauft bei einem Oelpreis von 30 Dollar, einfacher kann man kein Geld verdienen, durch den niedrigen Einstandskurs wird die Dividende immer höher - ich sage immer zu meiner Frau : Wir bekommen zweistellige Wucherdividende!🤑🤑🤑

[ALF-FRED]

Da hab ich es gefunden, link stelle ich morgen rein da ich das iPad nicht so beherrsche.

1 zu 35

Also für 35 alte Aktien gibt es 1 neue.

Das steht irgendwo unter Script Dividende auf der Homepage von Iberdrola mit Datum 05.07.2018

[ALF-FRED]

Seite 1 unter ( iii )

https://www.iberdrola.com/wcorp/gc/prod/en_US/inversores/hr/…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2018-07/4422070…

[mickefett]

Ergebnisse des 1.Halbjahrs 2018 am 25.7.2018 9Uhr


https://www.cnmv.es/Portal/HR/verDoc.axd?t={ba54b994-2ac6-46…

[mickefett]

Blackrock ist 2.größter Aktionär nach dem Staatsfond Quatar:

http://thecorner.eu/equity-reports/ibex-reports/blackrock-se…

[ALF-FRED]

jepp, bei einer Marktkapitalisierung von 44 Mrd. ( laut Ariva Homepage )
sind 5 % 2,2 Mrd. Euro, das ist schon mehr als ein Schnaps wo man nicht so einfach aussteigen kann.

[ALF-FRED]

Die neuen Anrechte sind eingebucht!😎

[ALF-FRED]

http://www.aktiencheck.de/exklusiv/Artikel-Iberdrola_Aktie_P…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2018-07/4427429…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2018-07/4436500…

[mickefett]

Antwort auf Beitrag Nr.: 58.298.783 von ALF-FRED am 25.07.18 14:35:23

Da kann man nicht meckern!

[ALF-FRED]

https://www.ariva.de/news/anleger-sollten-jetzt-spanien-fans…

[ALF-FRED]

Vorsicht, auch hier versucht jemand mit einer Miniorder nach unten einen Stop Loss auszulösen, wer darauf reinfällt ist selber Schuld - bei Repsol wurde es auch mehrmals die Tage versucht !!!

😎🤓🤔

[ALF-FRED]

Ha,ha - heute der Versuch mit 3 Stück im Xetra

🤣🤣🤣

[Gold2018]

Ich mit 200 Stuck

[ALF-FRED]

Auf 5,10 — große Lücken im Orderbuch

[ALF-FRED]

https://www.iberdrola.com/wcorp/gc/prod/en_US/inversores/doc…

[ALF-FRED]

Heute wieder mit 3 Stück im Xetra gedrückt, ich lach mich schlapp.
🤣🤣🤣

[ALF-FRED]

🤣🤣🤣

Heute mit zwei,

Repsol sogar nur mit einer,

Den Sinn muß mir mal einer erklären, bescheißt da jemand seine Oma mit der Statistik ?

[ALF-FRED]

KZ von MS auf 8,40 Euro und bald gibt es wieder Gratisaktien😎

[reti]

Antwort auf Beitrag Nr.: 59.436.000 von ALF-FRED am 13.12.18 23:28:55

Schon was zum Bezugsverhältnis durchgesickert?

[ALF-FRED]

Auf der Homepage finde ich ein Beispiel von 0,151 Euro Divi im Sinne von 1 zu 40 ,
Das wird bei einer Divi von 0,15 hinkommen.

Genaues Datum zur Festlegung steht dort 04.01.2019

Also noch etwas Geduld, links einfügen kann ich immer noch nicht mit dem IPad, wenn ich mal ans Laptop komme stelle ich es rein.

[reti]

was ist denn hier los? Finde keine Nachrichten und freue mich eigentlich wegen des gültigen Umtauschverhältnisses auf neue Aktien.

[ALF-FRED]

Sorry, rechte sind schon eingebucht, deswegen heute der Abschlag, ich benutze fast nur noch aus Bequemlichkeit das iPad, damit kann ich aber noch nicht die Links einfügen, ich meine ein Anrecht wäre 0,151 Euro Wert, ich schaue heute Abend wenn mehr Zeit ist auf die Homepage. 😎🤓

[ALF-FRED]

Endlich hat der Postbote sich durch den hohen Schnee gekämpft,

1 zu 45 Schreibt mir meine Bank, also für 45 alte bekommt man zusätzlich eine neue Iberdrola 🤓

[ALF-FRED]

Iberdrola Will Light Up New York
Posted By: The Corner 25th January 2019
Iberdrola will light up New York
New York state (US) has awarded two contracts for the construction of a wind farm and a solar power plants to Avangrid Renewables, the US subsidiary of Iberdrola.

These contracts form part of a project with 20 installations and a budget of 1.5 billion dollars (some 1.320 billion euros) with which the state wants to achieve 70% renewable energy by 2030 and 100% in 2040, according to the New York State Energy Research and Development Authority (Nyserda).

With a forecast potential of 90.5 megawatts, the solar power plant awarded to Avangrid Renewables will be called Mohawk Solar and will be situated in Canajoharie (Montgomery County, 300 km north of New York city. It is expected to enter into operation at the end of 2020.

The wind farm will have a potential of 77.7 megawatts, will be called Roaring Brook Wind and will be situated in Martinsburg (Lewis County), some 500 km to the North East of New York, close to the Canadian border. It is expected to enter into operation at the end of 2012.

These projects fall within the objectives of New York State that 70% of electricity consumed should come from renewable sources by 2030 and 100% by 2040.

It is a small contract. The analysts at Bankinter calculate that the income would represent 0.5% of the group’s sales in 2019. Iberdrola is consolidating its position in the US, where its is already the third largest wind farm operator by capacity. Its subsidiary Avangrid lists on the New York stockmarket and operates in 24 states.

[mickefett]

Antwort auf Beitrag Nr.: 59.711.055 von ALF-FRED am 25.01.19 14:20:10

Nur, damit niemand glaubt, dass Iberdrola nur in den USA investiert, sondern auch auf der anderen Seite von "Trump's Mauer":

https://www.mexico-now.com/index.php/article/5030-iberdrola-…

[ALF-FRED]

Antwort auf Beitrag Nr.: 59.715.315 von mickefett am 25.01.19 23:12:14

Vielleicht können Sie ja die Mauer auch noch beleuchten, am besten von beiden Seiten.🤑

nee, ich hoffe das das Possenspiel im Amiland bald ein Ende findet, egal wie.🤔

[ALF-FRED]

https://www.payoff.ch/news/post/iberdrola-entwischt-dem-bare…

[DaakMaak]

Läuft ...

20.02.2019

QIX Dividenden Europa: Mit diesem aktionärsfreundlichen Kurs übertrifft die Dividendenaktie der Woche alle Erwartungen

Trotz jahrelangem Expansionskurs und den damit verbundenen teils hohen Investitionen hat Iberdrola seine Ausschüttungen bis zuletzt äußerst stabil gehalten. Dennoch wurden die Anteileigner in den letzten 10 Jahren mit einer ordentlichen Kapitalrendite verwöhnt.

(...)

Quelle: https://www.finanzen.net/nachricht/aktien/qix-aktuell-qix-di…

[ALF-FRED]

Antwort auf Beitrag Nr.: 59.926.535 von DaakMaak am 20.02.19 21:59:56

Liest sich sehr gut. 🤓

[ALF-FRED]

Was ist los, Kurssprung und ich finde nix ?🤓

[ALF-FRED]

Xetra 7,83 Tradegate 7,61

[reti]

so kann es weitergehen

[ALF-FRED]

Antwort auf Beitrag Nr.: 60.049.511 von reti am 08.03.19 09:43:12

Irgendwo habe ich gestern oder heute etwas vom eigenen Aktienrückkauf gelesen 🙄

[mickefett]

Antwort auf Beitrag Nr.: 60.054.614 von ALF-FRED am 08.03.19 18:21:57

Ja, den Aktienrückkauf macht Iberdrola doch immer, um das Aktienkapital konstant zu halten. Die Aktien, die an Stelle einer Dividende ausgegeben werden, sind vorher "rückgekauft" worden.

[mickefett]

Antwort auf Beitrag Nr.: 60.056.726 von mickefett am 08.03.19 23:15:31

Hier ist übrigens der Link zur Veröffentlichung über die Rückkäufe:
https://www.cnmv.es/Portal/HR/verDoc.axd?t={36af9663-da0f-4c…" target="_blank" rel="nofollow ugc noopener">https://www.cnmv.es/Portal/HR/verDoc.axd?t={36af9663-da0f-4c…

[DaakMaak]

30% Kursgewinn seit Mitte Oktober. Stark!

[ALF-FRED]

Heute stand erstmals die 8 im Xetra 😀

[mickefett]

Antwort auf Beitrag Nr.: 60.133.716 von DaakMaak am 18.03.19 20:51:10

Der Chart seit November 18 ist doch richtig schnuckelig!

[mickefett]

https://www.iberdrola.com/top-stories/iberdrola-shares-with-…
interessantes Interview mit Ignacio Galan, dem Chef von Iberdrola. Ausblicke bis 2022.

[ALF-FRED]

Antwort auf Beitrag Nr.: 60.336.172 von mickefett am 11.04.19 21:34:59

Spanisch kann ich leider nur das Übliche, una cerveza por favor. 🤣

Das Minimalziel hört sich sehr gut an, bis 2022. 40 Cent Divi , da bin ich ja einer von 600 000 Privaten Investoren.
Von dem flexiblen Diviprogramm hab ich leider nix gelesen, aber ich hoffe es bleibt. Und immer schön weiter investieren, das macht sich irgendwann bezahlt.

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2019-04/4654018…


🤓 Prognose und Dividende erhöht

[ALF-FRED]

🤭🤫🤑 tradegate bei 8,15 Euro

[DaakMaak]

Q1-Zahlen über den Erwartungen!



Outlook for 2019: the group improves the estimation of its result and its dividend at the end of the year until it reaches 'high single digit' growth


25/04/2019
The group has invested more than €5.3 billion in the past twelve months
Iberdrola’s first quarter net profit increased by 15% to €964 million

(...)

Increase in dividend by 7.7%

Following the General Shareholders' Meeting, the Company's Board of Directors approved the implementation of a new edition of 'Iberdrola Flexible Remuneration'.

(...)

Under the 'Iberdrola Flexible Remuneration' scheme, holders of shares in the company will once again be able to choose between receiving their remuneration in cash or in free shares.

(...)

Quelle: https://www.iberdrola.com/press-room/news/detail/iberdrola-s…

[ALF-FRED]

Antwort auf Beitrag Nr.: 60.425.520 von DaakMaak am 25.04.19 20:42:41

Dann nehme ich free shares , wie immer.

😎

[DaakMaak]

Interessante Lektüre:

Iberdrola Promises Continuous Dividend Growth And A 5% 'Floor' Yield In 2022
May 4, 2019 11:45 AM ET

(...)

Earlier this year, Iberdrola confirmed its commitment to the 2018-2022 plan. A business plan which calls for a total investment of 34B EUR (recently upsized from a previous target of 32B EUR), with a specific focus on investments in regulated and/or long-term contracted activities. As part of the new plan, Iberdrola has cut its expected investment in generation and supply by approximately half a billion Euro, but has increased its investment in renewables by almost 2B EUR.

The push to invest more in renewable energy is commendable, and Iberdrola expects to hike the capacity of its renewable energy plants from 28.5 GW in 2017 to 38.4 GW in 2020, which would represent an increase of approximately 35%.

(...)

Iberdrola's growth plans appear to be fully funded (although there will be some small dilution going forward as Iberdrola doesn't fully compensate the impact of its stock dividend), and its pledge to continue to hike the dividend could appeal to dividend investors and dividend growth investors. At the current share price, the dividend yield is approximately 4.5%, increasing to 5% upon the completion of the 2022 plan. However, I do have the impression the targeted dividend of 0.40 EUR in 2022 is conservative as the expected net income of 3.9B EUR multiplied by the average payout ratio of 70% (guidance: 'between 65% and 75%) indicates 2.73B EUR per year will be earmarked for dividends. Based on the current share count of 6.24B shares, this indicates a DPS of 0.4375 EUR per share. The announced minimum dividend of 0.40 EUR per share does seem to be a 'minimum', but will depend on the total amount of shares Iberdrola will end up with in 2022.

Quelle: https://seekingalpha.com/article/4258773-iberdrola-promises-…

[ALF-FRED]

Was für ein stabiler Wert mit einer tollen Divi 🤓

[ALF-FRED]

Ich bin begeistert was andere Länder auf die Reihe bekommen!

https://www.renewableenergyworld.com/articles/2019/05/iberdr…

🤓

[reti]

Interessant
https://www.rechargenews.com/wind/1803730/iberdrola-to-build…

[ALF-FRED]

https://www.cnmv.es/Portal/HR/verDoc.axd?t={5fcf99ef-0750-4e…

1 zu 43 wenn ich es richtig gelesen habe 😎 oder 0,20 Euro

[Kosuperdaddy]

Antwort auf Beitrag Nr.: 60.937.789 von ALF-FRED am 02.07.19 16:41:42

Was 1zu 43?

[ALF-FRED]

Antwort auf Beitrag Nr.: 60.944.206 von Kosuperdaddy am 03.07.19 11:23:15

Dividendenprogramm also für 43 alte bekommst du eine 1 neue Aktie wenn du Aktien bevorzugst anstatt Cash.

[Kosuperdaddy]

Antwort auf Beitrag Nr.: 60.944.962 von ALF-FRED am 03.07.19 12:38:10

Klar,ok danke

[thetoto]

Antwort auf Beitrag Nr.: 60.944.962 von ALF-FRED am 03.07.19 12:38:10

2. JULI 2019 - 12:46
Iberdrola wird bis zu 1.248 Millionen Euro als zusätzliche Dividende ausschütten. Elektro - Aktionäre unter dem Vorsitz von Ignacio Sánchez Galán haben drei Möglichkeiten zu sammeln, Optionen nicht gegenseitig ausschließen, dann Sie können eine der Optionen wählen oder kombinieren sie nach zu Ihren Wünschen.

WERBUNG
Iberdrola ein Maximum von 1.248 Millionen Euro in der Zusatzdividende gegen 2018, die am 1. August bezahlt zahlen und von 0,20 Euro brutto pro Aktie sein wird, im Rahmen ihres flexiblen Vergütungsprogrammes, das die Dividende in ermöglicht erhalten in bar oder in Wertpapieren des Unternehmens.

Diese Dividende wird die 0.151 Euro beitreten Brutto bereits im Februar bezahlt, die Iberdrola Aktionärsvergütung bis 2018 belastet bringt um 7,7% im Vergleich zu 2017 erhöht.

Das Unternehmen berichtete am Dienstag, dem National Securities Market Commission (CNMV) der Bedingungen der neuen Ausgabe des Iberdrola Flexible Vergütungssystem, anlässlich der komplementären Dividende gegenüber 2018 ergibt.

WERBUNG
Durch eine Kapitalerhöhung mit einem maximalen Referenzmarktwert von 1.277 Millionen Euro wird eine Bruttodividende je Aktie von mindestens 0,20 Euro garantiert.

Im Rahmen der Kapitalerhöhung werden maximal 145,1 Millionen neue Aktien ausgegeben, und für den Bezug einer neuen Aktie sind 43 kostenlose Zuteilungsrechte erforderlich.

Iberdrola hat angegeben, dass sich der maximale Nennbetrag der Kapitalerhöhung auf 108,8 Millionen Euro beläuft.

Die Höhe der Bruttodividende je Aktie beträgt 0,20 Euro und der maximale Gesamtbetrag wird 1248 Millionen Euro, eine Zahl durch Multiplikation der Gesamtzahl der im Umlauf befindlichen Aktien von Iberdrola bisher um den Bruttobetrag pro Aktie berechnet werden ( 0,20 Euro).

WERBUNG
Iberdrola Aktionäre haben drei Möglichkeiten, die endgültige Dividende (0,20 Euro sammeln brutto pro Aktie in bar, zu verkaufen Rechte ihrer Zuordnung auf dem Markt oder eine neue Bonus-Aktien freie Gruppe erhalten) zu erhalten, Optionen schließen sich nicht aus , weil der Aktionär eine der Alternativen wählen oder nach seinen Wünschen kombinieren kann.

Iberdrola wird seine Aktionäre bis 2018 mit einem Aufschlag von insgesamt 0,351 Euro brutto je Aktie nach 0,266 Euro brutto im Vorjahr entschädigen.

Dieser Betrag ist das Ergebnis der Addition der 0.151 Euro je Aktie bereits am 5. Februar bezahlt durch Zwischendividende von 2018 und 0,20 Euro brutto je Aktie als Dividende am 1. August zu zahlen.

Iberdrola erzielte 2018 einen Nettogewinn von 3.014 Millionen Euro, 7,5% mehr als im Vorjahr, während die dem Jahr belastete Dividende um 7,7% stieg.

Das flexible Vergütungssystem von Iberdrola sieht standardmäßig die Möglichkeit vor, neue Aktien zu erhalten. Daher müssen diejenigen, die ihre Vergütung in bar erhalten möchten, ihre Bank zwischen dem 14. und 18. Juli benachrichtigen.

Morgen, 3. Juli wird der letzte Tag sein, dass die Aktien der Iberdrola Flexible Vergütungssystem zur Teilnahme berechtigen, und ab dem 4. Juli wird die Wahlperiode und Aushandlung von Freizuteilungsrechten beginnen gehandelt werden.

Die Wahlperiode endet am 18. Juli, ebenso wie die Frist, um die Barabfindung der Ergänzungsdividende und die Handelsperiode der freien Zuteilungsrechte zu beantragen.

Aktionäre, die sich für eine Auszahlung entschieden haben, erhalten am 1. August die Ausschüttung der Ergänzungsdividende und die neuen Aktien werden voraussichtlich am 2. August den Handel aufnehmen.

Iberdrola plant, zum Ende des Zeitraums 2018-2022 einen Nettogewinn zwischen 3.500 und 3.700 Millionen Euro zu erzielen, was eine Dividende von bis zu 0,4 Euro pro Aktie im Jahr 2022 bedeuten würde.

Quelle: https://intereconomia.com/mercados/bolsa/las-tres-opciones-d…

[ALF-FRED]

Heute ex Divi deswegen das Minus😎

[reti]

Na hier noch die Entwicklung abwarten, kennt jemand noch sogenannte Script-Dividendenaktien?

[ALF-FRED]

Antwort auf Beitrag Nr.: 61.102.495 von reti am 25.07.19 11:26:47

Hab noch Repsol, da läuft das gleiche. Zweimal Ausschüttung im Jahr nahe zeitgleich mit Iberdrola , hohe Divi von ca. insgesamt 1 Euro auf einen Kurs von z.Z. 12-13 Euro, auch als Script Dividenden Programm.

[0815cash]

Warum steigen wir nicht mit dem freundlichen Markt? Der Aufstieg in den Stoxx 50 sollte doch auch helfen.

[ALF-FRED]

Wir sind doch wunderbar gestiegen die letzten Monate, immerhin ist Iberdrola eine defensive Vorsorger Aktie, langsam stabil und stetig.
Ich pers. Bin sehr zufrieden mit dem Verlauf.🇪🇸

[mickefett]

Antwort auf Beitrag Nr.: 61.431.305 von 0815cash am 06.09.19 21:02:51

Dafür ist Iberdrola die ganze Zeit gestiegen, wo der Markt gefallen ist. Nu lass sie doch mal Luft holen!

[ALF-FRED]

https://steelguru.com/power/iberdrola-included-in-dow-jones-…

[ALF-FRED]

Läuft, die Goldmänner preisen 10,50 Euro

https://www.finanznachrichten.de/nachrichten-2019-10/4803656…

[DaakMaak]

Nur der Vollständigkeit halber:

(...)
The results obtained in the first nine months of the year reflect the success of Iberdrola's model for sustainable value creation: the acceleration of capital expenditure to drive the energy transition generates an increase in cash flows which strengthens the company's financial solidity, so that the group can continue to invest in growth.

Against this background, the group has announced a new edition of its Iberdrola Flexible Remuneration programme, which involves a 10.6% increase in the interim dividend for 2019 to €0.167 gross per share to be paid on 5 February 2020. The complementary dividend envisaged for July 2020 will also be added to this amount.

In parallel, the figures presented today allow the company to confirm its full-year guidance: net profit for 2019 is expected to show double-digit growth.

Quelle: https://www.iberdrola.com/press-room/news/detail/record-4-72…

[0815cash]

Warum. Ist Iberdrola bei mir immer noch rot? Extrem schlechter Zeitpunkt zum kaufen, wahrscheinlich.

[mickefett]

Antwort auf Beitrag Nr.: 61.835.925 von 0815cash am 04.11.19 22:25:37

Ich kann mich nicht beklagen: Seit 2012 habe ich hier ein Plus von mehr als 460% einschließlich Dividenden und bei gelegentlichen kleinen Zukäufen. Und ich denke, dass das noch weitergeht

[ALF-FRED]

Ja, bei mir ist der Einstandskurs seit 2012 auf 2,29 Euro gesunken dank des Diviprogramms.
Mir gefällt die gesunde Mischung des Energiemixes. Breit aufgestellt und Strom brauchen wir immer mehr, sehe das genauso wie mickefett, einfach laufen lassen, gibt schon bald wieder Aktien für lau.😎

[DaakMaak]

Antwort auf Beitrag Nr.: 61.835.925 von 0815cash am 04.11.19 22:25:37

Ein Grund könnte sein, dass die Umlaufrendite in den letzten Wochen angestiegen ist. Das historische Rekordminus von Anfang Oktober (-0,7%!) wurde verlassen. Seitdem steigt die Rendite.

Wenn das der Beginn der Zinswende sein sollte, dann werden Dividendentitel wie Versorger in den kommenden Monaten unter Druck geraten. Denn der größte Kapitalmarkt ist der Anleihemarkt. Wenn Anleger, die auf einen möglichst stabilen Zins- oder Dividendenstrom aus ihren Anlagen angewiesen sind, diesen Rückfluss im Umfeld negativer Zinsen nicht mehr aus Anleihen ziehen können, dann kaufen sie Versorger. Ein Grund, warum die Aktien der Versorger in den vergangenen Monaten bzw. Jahren recht gut liefen, ist die Notwendigkeit großer Anleger, verlässliche Zahlungsströme zu finden.

Wenn die Zinsen dann irgendwann zu steigen beginnen, dann wird der Druck, der auf den oben genannten Anlegern lastet, geringer. Zunächst kaufen sie wenige Versorger ein, irgendwann sind Anleihen wieder attraktiv genug, so dass sie die Versorger verkaufen.
Dabei ist es dann egal, wie gut das Geschäft des jeweiligen Versorgers läuft oder wie hoch die Dividende ist. Für Anleiheanleger ist es von großem Vorteil, einen genau berechenbaren Rückfluss zu haben. Und das liefert eben eine Anleihe. Die Dividende unterliegt immer dem Risiko des Geschäftsverlaufs.

[ALF-FRED]

Wo siehst du die Wende der Zinspolitik, oder den Beginn davon?
Es geht doch erstmal richtig los, jetzt versuchen sogar Volksbanken und Sparkassen Negativzinsen weiter zu geben. Meiner Meinung nach passiert da noch lange nichts.

[DaakMaak]

Antwort auf Beitrag Nr.: 61.867.728 von ALF-FRED am 07.11.19 22:11:12

Ich habe lediglich anhand der Renditeentwicklung der vergangenen Wochen (siehe Chart) eine "Was-wäre-wenn"-Spekulation angestellt.
Fakt ist: die Umlaufrendite steigt seit einigen Wochen wieder. Parallel dazu bröckeln die Kurse der Versorger. Ob das nachhaltig ist, wird man sehen.

Einfaches Einfügen von wallstreetONLINE Charts: So funktionierts.

[0815cash]

Bisher gibt der Markt Dir ja Recht. Iberdrola verliert....

[mickefett]

Antwort auf Beitrag Nr.: 61.954.142 von 0815cash am 18.11.19 20:48:03

Ich glaube aber nicht, dass Iberdrola deswegen z.Zt. verliert. Es hat wohl eher mit der Aufarbeitung alter Kamellen in Spanien zu tun:
https://www.bnnbloomberg.ca/spanish-billionaire-perez-goes-t…

Ansonsten war zu hören, dass weitere Solarparks gebaut werden sollen und dass sie in Australien einen Windpark bauen wollen - also weiter Expansion:
https://finance.nine.com.au/business-news/spain-s-iberdrola-…

[ALF-FRED]

Soll die kleine Schwäche noch etwas anhalten, dann gibt es mehr Aktien Ende des Jahres für lau.
Es reicht wenn es im Januar wieder hoch geht, die Goldmänner schreiben heute Kursziel 10,50 😎

[ALF-FRED]

https://www.bnnbloomberg.ca/siemens-considers-buying-iberdro…

[ALF-FRED]

Da ist die EU ja doch zu was nütze,

https://renews.biz/56685/eu-bank-backs-iberdrola-wind-in-spa…

[ALF-FRED]

https://www.pv-magazine.com/2019/11/27/iberdrola-switches-on…



Ich bin begeistert was alles schon möglich ist! 🤓

[0815cash]

Irgendwie geht's nicht voran, schade eigentlich. Seid ich die Aktie habe, ist sie permanent im Minus. Eigentlich muss sie nicht so stark korrigieren, dachte ich zumindest.

[ALF-FRED]

Jetzt ist es amtlich. 1 zu. 54

https://www.cnmv.es/Portal/HR/verDoc.axd?t={4cad3042-4a34-49…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2020-01/4860973…

[ALF-FRED]

Sieht aus wie ATH

[ALF-FRED]

Mit Windkraft gegen die Chinagripp, echt stabile Aktie, alles fällt Iberdrola steigt. 🤗

[ALF-FRED]

Kursziel 10,90 😎


https://www.finanznachrichten.de/nachrichten-2020-01/4870999…

[ALF-FRED]

Die Goldmänner sehen 11

https://www.finanznachrichten.de/nachrichten-2020-01/4872615…

[ALF-FRED]

Fett durch die 10 Euro

https://www.finanznachrichten.de/nachrichten-2020-02/4876960…

[ALF-FRED]

All time high, über 11 bin begeistert 😎

[eickhoff]

Zwischendividende im Januar und Schlussdividende im Juli. Gute Dividendenentwicklung in den letzten 5 Jahren. Börse Online gibt die Dividendenrendite mit 3,7% an. Marktkapitalisierung größer als Eon und RWE zusammen. Performance in den letzten 12 Monaten +52%.

https://www.iberdrola.com/shareholders-investors/shareholder…

[eickhoff]

Aus "Perspektiven am Morgen" von der DeuBa

EU-Versorger mit ungewöhnlicher Performance

Nach 32 Prozent im Jahr 2019 haben Aktien europäischer Versorger in diesem Jahr bereits weitere 16 Prozent zugelegt. Ein Teil der Performance ist darauf zurückzuführen, dass die Unternehmen des Sektors in Zeiten fallender Renditen weiterhin als Dividendentitel gefragt sind. Gleichzeitig verweisen Branchenkenner jedoch auf eine andere Entwicklung: Seit der Klimaschutz in der breiten Öffentlichkeit deutlich an Aufmerksamkeit gewonnen hat, legten insbesondere Unternehmen zu, die im Bereich Erneuerbare Energien aktiv sind. Dies erklärt auch, weshalb die positive Sektorperformance zwischen September und Dezember erstmals seit 2007 mit steigenden Anleiherenditen einherging. Klimainitiativen der Politik sowie steigendes Interesse an ESG-Investments könnten die Kurse von „Renewables“ weitertreiben und die Renditesensitivität des Gesamtsektors reduzieren.

[mickefett]

Ich denk mal, dass auch das Wachstum bei erneuerbaren Energien und besonders der Stromerzeugung mit zu guten Kursen beiträgt. Der Umstieg auf Elektromobilität mit dem Bedarf an öffentlichen Ladestationen erfordert von den Stromlieferanten den weiteren Ausbau der Erzeugung, der Netze und des Internets of Things.

[eickhoff]

Aktienrückkauf

https://www.finanznachrichten.de/nachrichten-2020-02/4893316…

[Steuerfuchs1985]

Iberdrola konnte in 2019 den Nettogewinn um 13 Prozent auf 3,4 Milliarden Euro steigern. Das Ebitda verbesserte sich im Jahr 2019 um ca. acht Prozent und stieg auf ca. 10 Milliarden Euro. Der Umsatz legte um ca. vier Prozent auf 36,4 Milliarden Euro zu.

Vor allem der Netzbereich trug zum starken Ergebnis des Jahres 2019 bei.

Das Management schlägt eine Dividende von 0,40 € je Aktie vor (Vorjahr 0,35 €).

[ALF-FRED]

Antwort auf Beitrag Nr.: 62.795.960 von Steuerfuchs1985 am 26.02.20 15:51:07

Zusatzdividende von 23 Cent, klasse


https://www.finanznachrichten.de/nachrichten-2020-02/4894558…

[ALF-FRED]

https://www.euwid-energie.de/positive-zeichensetzung-in-der-…

[ALF-FRED]

https://renews.biz/59964/iberdrola-earnings-rise-on-green-sp…

[pickuru]

Starting to see some light at the end of the tunnel, Iberdrola CEO says

https://www.cnbc.com/video/2020/04/29/iberdrola-ceo-starting…

[reti]

Schon irgendetwas vom zu erwartenden Umtauschverhältnis gehört?

[ALF-FRED]

Ich Google mal am Wochenende

[ALF-FRED]

0,232 Euro pro Aktie,

Wieviel Aktien es gibt wird am 06.07. bestimmt, kommt auf den Durchschnittspreis der Aktien an,

Nachzulesen -

https://www.iberdrola.com/shareholders-investors/shareholder…

[malou]

Iberdrola hat dann wohl Schwierigkeiten in Australien Fuß zu fassen.
Infigen will noch nicht so richtig das Angebot annehmen. Mal sehen ob sie den zuschlag bekommen

https://www.infigenenergy.com/investor-centre/market-release…

[mickefett]

Antwort auf Beitrag Nr.: 64.216.351 von malou am 29.06.20 09:12:08

Es ist doch ein klein wenig anders: Erst hat Infigen sogar das Angebot von Iberdrola seinen Aktionären zur Annahme empfohlen. Dann kamen heute Angebote von UAC und ein neues Angebot von Iberdrola und jetzt meint wohl Infigen, dass dies nicht die letzten Angebote seien. Wir werden sehen.

[malou]

Antwort auf Beitrag Nr.: 64.227.214 von mickefett am 29.06.20 21:50:46

OK, Infigen hat heute seine Empfehlung für den Verkauf an Ibodrola dann doch zugestimmt. Dann Wird Iberdrola sich in Australien wohl ausbreiten, was sehr gut ist :-)

[mickefett]

Wenn die Situation in Australien noch nicht geklärt ist, macht nichts!
In Frankreich hat man dafür bereits Nägel mit Köpfen gemacht:

https://www.cnmv.es/Portal/verDoc.axd?t={62911796-50dd-4f8f-…

[mickefett]

https://twitter.com/i/topics/news/e794665466?cn=ZmxleGlibGVf…

[ALF-FRED]

https://www.asx.com.au/asxpdf/20200703/pdf/44k68j2cgwq6ts.pd…

[ALF-FRED]

1 zu 44 Wenn mein schwaches Englisch mich nicht täuscht🙄


https://www.cnmv.es/Portal/verDoc.axd?t=%7B840fa053-3874-49b…

[mickefett]

Antwort auf Beitrag Nr.: 64.304.099 von ALF-FRED am 06.07.20 11:12:27

Stimmt: 44 Altaktien für eine neue oder 0,232 € Bruttodividende pro Aktie.

[ALF-FRED]

Eine tolle Sache sich auch für den Umweltschutz so einzusetzen.

https://www.theportugalnews.com/news/iberdrola-reforests-100…

[ALF-FRED]

Die Bernsteine sehen 12,70 Euro

https://www.finanznachrichten.de/nachrichten-2020-07/5026196…

[ALF-FRED]

https://www.iwr.de/news.php?id=36867

[mickefett]

https://www.iberdrola.com/press-room/news/detail/iberdrola-s…

[ALF-FRED]

Wow, das hat was mit VW - kann ganz groß werden!

[mickefett]

https://www.energy-storage.news/news/green-hydrogen-solar-an…
Und nicht nur mit Elektromobilität, sondern auch mit grünem Wasserstoff lassen sie sich ein.

[ALF-FRED]

Die Goldmänner sehen 12,70 Euro und in Brasilien tut sich auch was


https://www.finanznachrichten.de/nachrichten-2020-08/5051837…

[ALF-FRED]

Antwort auf Beitrag Nr.: 64.863.593 von ALF-FRED am 24.08.20 16:02:10

https://renews.biz/62623/developers-plot-multi-gw-buildout-o…

[ALF-FRED]

https://steelguru.com/power/iberdrola-east-anglia-one-wind-f…

[mickefett]

Iberdrola baut Großanlage zur Wasserstoffgewinnung aus erneuerbarer Energie:

https://www.energate-messenger.de/news/204288/iberdrola-baut…

[ALF-FRED]

https://www.oedigital.com/news/481484-eiffage-engie-to-build…

[ALF-FRED]

https://www.reuters.com/article/acacia-ma-iberdrola/iberdrol…

[ALF-FRED]

https://www.offshorewind.biz/2020/09/17/iberdrola-buys-into-…

[mickefett]

Antwort auf Beitrag Nr.: 65.116.900 von ALF-FRED am 18.09.20 00:21:17

Die haben begriffen, dass man den Wind umsonst bekommt und wenn man ihn auch verwerten kann, braucht man keine Kohle mehr.

[ALF-FRED]

Eine nicht unerhebliche Investitionssumme 🤓

https://seekingalpha.com/news/3615406-iberdrola-buys-brazili…

[ALF-FRED]

https://www.pv-magazine.com/2020/09/22/iberdrola-sets-up-gre…

[mickefett]

Antwort auf Beitrag Nr.: 65.161.075 von ALF-FRED am 22.09.20 22:28:57

So kommt Iberdrola in die ideale Form, dass sie zunächst Strom aus Sonne und Wind verkaufen und, wenn Kapazität übrig bleibt, wird der Strom eben in Wasserstoff umgewandelt, der entweder direkt verkauft oder gespeichert werden kann.

[mickefett]

Antwort auf Beitrag Nr.: 65.162.185 von mickefett am 23.09.20 01:09:19

Iberdrola baut die größte Fabrik zur Herstellung von Wasserstoff aus erneuerbarer Energie in Europa:

https://www.iberdrola.com/about-us/lines-business/flagship-p…

[ALF-FRED]

Da werden meine Erben Freude haben an der Aktie 🤗

[mickefett]

Antwort auf Beitrag Nr.: 65.328.497 von mickefett am 08.10.20 21:51:46

Auch Goldmann-Sachs sieht Iberdrola als Wasserstoff-Wert:

https://www.boerse-online.de/nachrichten/aktien/goldman-sach…

[neuflostein]

Das mit dem Wasserstoff ist ja alles gut und schön. Als Investor stellt sich aber die Frage, ob solche Installationen auch rentabel sind? Hat da jemand Einblick, wie der IRR für solch ein Projekt im Vergleich mit z.B. einem Gaskraftwerk sind?

[ALF-FRED]

Bei neuen Energien kann es nicht schaden einen Fuß in der Tür zu haben.
Es wird alles dauern , aber man ist dabei, eventuell ganz vorne.

[mickefett]

Antwort auf Beitrag Nr.: 65.441.790 von neuflostein am 20.10.20 15:32:14

Ein Gaskraftwerk liefert keine CO²-freie Energie. Aber Wasserstoff dient zur Speicherung von Energie, und wenn er verbrennt oder wieder in elektrische Energie umgewandelt wird gibt es nur wieder Wasser als Beiprodukt, das du zum Trinken oder Waschen nehmen kannst. Wenn zu viel Wind- und Sonnenstrom im Netz ist, kann Wasserstoff daraus hergestellt werden mit Beiprodukt Sauerstoff. Da hat auch niemand etwas dagegen, wenn der Sauerstoff einfach in die Luft entlassen wird.

[mickefett]

Antwort auf Beitrag Nr.: 65.347.985 von mickefett am 11.10.20 00:44:36

Aus dem obigen Link ein paar Ausschnitte:


Die Folgen für Versorger-Aktien in Europa


Basierend auf dem vorgestellten Szenario kommt Goldman Sachs mit Blick auf Vesorger-Aktien in der EU zu folgenden Schlussfolgerungen: Obwohl vor 2024-25 mit keinem Ergebnisbeitrag durch sauberem Wasserstoff zu rechnen sei, glauben die Analysten, dass in den kommenden 12-18 Monaten die Bewertungsmultiplikatoren wahrscheinlich bereits damit beginnen werden, das enorme und säkulare Potenzial dieses Themas widerzuspiegeln. In der Berichterstattung über europäische Versorgungsunternehmen sieht man drei Hauptmöglichkeiten, sich als Anleger mit E-Wasserstoff zu befassen:

Da sauberer Wasserstoff das Potenzial habe, zum größten Stromkunden in der EU zu werden, und da die steigende Nachfrage durch umweltfreundliche erneuerbare Energien gedeckt würde, schätzt man, dass der europäische Markt für erneuerbare Energien gegenüber unserem Green-Deal-Szenario eine starke Beschleunigung in Bezug auf den jährlichen Kapazitätszuwachs erfahren könnte. Dank einer Kombination aus prozentual zweistelligen Umsatzchancen über 30 Jahre und einem vorteilhaften kurzfrisitgen Risiko-Ertrags-Profil seien erstens Anbieter mit bedeutenden Aktivitäten bei Erneuerbaren Energien wie RWE, EDP/EDPR, Enel, Iberdrola, SSE und Orsted hervorzuheben.

Bei der Gasinfrastrukturaktivitäten sei mit einer Renaissance bei den Investitionen zu rechnen. Den Schätzungen von Goldman Sachs zufolge wird der Investitionsbedarf für die Neukonfiguration des europäischen Gashochdrucknetzes (Transport) für Enagas (bis 2050) fast sechs Milliarden Euro betragen. Zudem schätzt man, dass Snam die Investitionen auch um rund 30 Prozent beschleunigen könnte, was dazu beigetragen hat, dass man diese Aktie von Verkaufen auf Kaufen hochgestuft hat. Jedenfalls seien die längerfristigen Chancen für diesen Wert aufgrund der Erneuerbaren Energien Thematik und einer bereits attraktiven und wachsenden Dividende (Rendite für 2021 von rund sechs Prozent als positiv einzuschätzen.

Zweites Leben für CCGTs. Die Umrüstung von Gaskraftwerken in Wasserstoffturbinen oder der Ersatz bestehender Gaskraftwerke durch H2T könnte zu einer zweiten Lebensdauer bei den alten Stromerzeugern führen. Die Stromkosten für Wasserstoffturbinen würden ein reguliertes System nahelegen, um Investitionen anzuziehen. Dies könnte das Wachstum der wichtigsten Stromerzeuger mi Hilfe von Gas-und-Dampfturbinen-Kraftwerken ankurbeln, wobei die Hauptnutznießer Uniper, Engie und RWE sein könnten.

Zu den portugiesischen Branchenvertretern EDP und EDPR hat Goldman Sachs Kaufurteile abgegeben. Bei EDP ist dieses mit einem Kursziel von 5,40 Euro versehen und bei EDPR von 18,00 Euro. Die aktuellen Notierungen dieser beiden Titel bewegen sich bei 4,275 Euro bzw. bei 14,62 Euro.

........

Bei den beiden spanischen Branchen-Mitglieder Enagas und Iberdrola sind Kaufempfehlungen mit Kurszielen von 25,5 Euro bzw. von 12,70 Euro versehen. Am Freitag gingen diese beiden Titel mit Notierungen von 19,645 Euro bzw. von 10,715 Euro ins Wochenende.

.....

Bei Iberdrola befürchtet man zwar, dass der jüngste Rückgang der Strompreise und die Abwertung der wichtigsten Währungen in den beackerten Ländern das Gewinnwachstum je Aktie bis 2023 begrenzen werde. Aber das Portfolio sollte bis dahin zu rund 90 Prozent aus vollständig regulierten Netzen, erneuerbaren Energien und vertraglich gebundener Erzeugung bestehen. Angesichts der hohen Qualität dieser Erträge und des stärkeren zugrunde liegenden Wachstums sollte es gelingen, die bestehende Bewertungslücke zu schließen und daraus im Laufe der Zeit sogar eine Bewertungsprämie werden könnte.

[ALF-FRED]

Gewinn und wieder etwas für die Divi


https://www.finanznachrichten.de/nachrichten-2020-10/5101219…

[ALF-FRED]

Und Wachstum

https://www.finanznachrichten.de/nachrichten-2020-10/5101148…

[ALF-FRED]

https://www.iwr.de/ticker/erneuerbare-im-fokus-energieversor…

[mickefett]

Ein schöner Artikel der Financial Times über Ignacio Galan und es tut richtig gut diesen Artikel in dem Bewusstsein zu lesen, dass man in Iberdrola investiert ist:

https://www.ft.com/content/4921d35f-a6c2-45ed-986a-54db5d742…

[mickefett]

Iberdrola arbeitet mit Nel zusammen für die Erzeugung von grünem Wasserstoff:

https://newsweb.oslobors.no/message/517085

[ALF-FRED]

Antwort auf Beitrag Nr.: 65.587.187 von mickefett am 03.11.20 23:53:39

Hab mich noch nie so richtig mit Wasserstoff beschäftigt. Finde es gut das Iberdrola einen Fuß in die Technik stellt, denn das scheint was Zukunftweisendes zu sein, überall liest man Wasserstoff, Wasserstoff.
Bin guter Dinge, Physik hat mich schon der Schule nicht interessiert und die letzten paar Jahre lass ich es jetzt auch.
Der Stabile steigende Kursverlauf die letzten Jahre und die regelmäßige Divi geben mir Sicherheit.

[ALF-FRED]

https://www.nebenwerte-magazin.com/deutsche-nebenwerte-nachr…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2020-11/5115515…

[ALF-FRED]

Dann mal was für die Experten!

https://www.cnmv.es/Portal/verDoc.axd?t=%7B29b9aff8-b8a2-43e…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2020-11/5115766…

[ALF-FRED]

Antwort auf Beitrag Nr.: 65.601.869 von ALF-FRED am 05.11.20 09:43:41

Zitat von ALF-FRED: Dann mal was für die Experten!

https://www.cnmv.es/Portal/verDoc.axd?t=%7B29b9aff8-b8a2-43e…

Seite 124 und 147 taucht etwas von der Divi auf, wenn ich das richtig verstehe mit meinem schwachen schoolenglisch steht S. 124 - 20% wird ausgeschüttet - 80 % investiert ( vom Gewinn )

Seite 147 - 0,40 Euro Mindestauschüttung bis 2025 ab 2022 im Bereich von 65-75%,


Gerne würde ich als Laie eine andere Meinung hören wenn ich da was falsch verstanden habe und man es mir in 2-3 Sätzen grob erklären würde.❓❓❓❓❓

[mickefett]

Antwort auf Beitrag Nr.: 65.604.329 von ALF-FRED am 05.11.20 12:40:01

Ist schon richtig, die Planung für 2020-2025.

[ALF-FRED]

Die Einstellung Bidens zu erneuerbaren Energien könnte Iberdrola ein Stück weit helfen sich zu mehren und zu festigen.

🥸🤓

[mickefett]

https://www.electrive.net/2020/11/24/porsche-und-iberdrola-p…

[mickefett]

https://www.derfinanzinvestor.de/kommentare/wasserstoffaktie…

[mp2019]

These four companies—Enel, Iberdrola, NextEra Energy and Orsted—prioritized the building or buying of clean-power plants when those assets were still considered alternative and expensive.

Kauf ? Iberdrola oder Enel ?

https://www.bloomberg.com/graphics/2020-renewable-energy-sup…

[mickefett]

Antwort auf Beitrag Nr.: 65.895.561 von mp2019 am 30.11.20 20:59:19

Hier ist noch ein Artikel aus "The Economist", der in die gleiche Kerbe schlägt. Stromerzeugung und Verteilung bekommt eine ganz neue Rolle in der Welt:
https://www.economist.com/business/2020/11/28/how-enel-becam…

[ALF-FRED]

https://www.deraktionaer.de/artikel/mobilitaet-oel-energie/n…

[ALF-FRED]

Die Bernsteiner sehen 13 Euro als Kursziel

[mickefett]

Das hört sich nicht schlecht an:

https://www.lynxbroker.de/boerse/boerse-kurse/aktien/iberdro…

[ALF-FRED]

https://www.steelguru.com/power/iberdrola-obtains-eis-for-pu…

[ALF-FRED]

https://www.cnmv.es/Portal/verDoc.axd?t=%7B5d1d935b-8871-4ef…

[ALF-FRED]

Anrechte sind eingebucht 😀

[dschigiwagi]

Aktuell ein Kauf?

[ALF-FRED]

Antwort auf Beitrag Nr.: 66.403.442 von dschigiwagi am 12.01.21 16:57:44

Solide und hat Zukunft, ich hab aber gut reden , hab sie seit 2012 😎

[ALF-FRED]

https://businessportal-norwegen.com/2021/01/14/nel-asa-erhae…

[ALF-FRED]

https://renews.biz/65998/iberdrola-secures-100m-from-eib/

[ALF-FRED]

Seite 5 ist lesenswert

https://www.cnmv.es/Portal/verDoc.axd?t=%7B38f56839-1c64-4f5…

[mickefett]

Antwort auf Beitrag Nr.: 66.853.594 von ALF-FRED am 06.02.21 00:27:30

Iberdrola engagiert sich jetzt auch in Irland:

https://thecorner.eu/spain-economy/iberdrola-strengthens-its…

[ALF-FRED]

Seit gestern sind die Anrechte in Aktien umgewandelt worden.

[ALF-FRED]

UBS sieht 13,20 als Kursziel, wir werden sehen am 24.02. kommen die Zahlen

https://www.finanznachrichten.de/nachrichten-2021-02/5200434…

[dschigiwagi]

Ich möchte mein Depot um einen Energieversorger erweitern. Jetzt habe ich Iberdrola aus Spanien und die EVN aus Österreich auf der Watchlist. Sind ja beide ganz ordentlich zurückgekommen.Wo seht ihr das Chance-Risikoprofil am besten? Beide oder würdet ihr euch für einen entscheiden?



[mickefett]

Ich fühl mich als Aktionär bei Iberdrola ganz wohl. Ich bin aber auch schon seit 9 Jahren dabei und die Wertentwicklung ist OK. Durch Zukäufe und Dividenden bzw. Aktienausgaben als Dividenden komme ich jetzt auf einen Durchschnitts-EK von <3€/Stück.

[ALF-FRED]

Sauber, bei meinem Einstandskurs etwas über 2 Euro sind das 20% Divi 🤫😎

https://www.mydividends.de/news/iberdrola-steigert-die-divid…

[ALF-FRED]

Antwort auf Beitrag Nr.: 67.177.635 von ALF-FRED am 24.02.21 14:29:28

Genauer gesagt 2,1265 Euro !

Der Schnitt ist bei mir so günstig weil ich seit 2012 eingestiegen bin und dann bis heute halbjährlich das Dividendenprogramm genutzt habe, also keine Divi in Cash genommen sondern immer die neuen Aktien.

Somit hat sich der Einstiegskurs immer mehr verbilligt.

[ALF-FRED]

Goldmänner sehen 14 Euro

Trotz Corona ein gutes Ergebnis , finde ich - satte Finanzielle Rücklagen.

Erhöhung der Dividende

https://www.finanznachrichten.de/nachrichten-2021-02/5212078…

[ALF-FRED]

Finde ich angenehmer als die optisch häßlichen Windräder.

https://www.pv-magazine.de/2021/02/25/iberdrola-setzt-staerk…

[GulOcram]

Ich bin jetzt auch mal mit dabei. Grüner Value-Dividenden-Wert. Was will man mehr.

[theinfonaut]

Wollte eigentlich Encavis kaufem, aber Iberdrola hat überzeugendere Zahlen. Der Chart scheint einen Boden gefunden zu haben.

[mickefett]

Antwort auf Beitrag Nr.: 67.258.986 von theinfonaut am 02.03.21 07:12:26

Encavis ist Mode, Iberdrola ist solide und profitabler!

[theinfonaut]

Und jetzt will wohl jemand die SL unter 10 abfischen?

[ALF-FRED]

Das hört sich gut an,


https://thecorner.eu/spain-economy/iberdrola-and-seat-team-u…

[ALF-FRED]

Die sollen ihren Tequila weiterbringen und nicht so ein Stress machen 😤

https://www.bnnbloomberg.ca/iberdrola-ceo-sees-mexico-facing…

[mickefett]

Wenn es in Mexico Ärger gibt, dann machen wir einfach mehr in Japan:

https://splash247.com/iberdrola-joins-japanese-offshore-wind…

[mp2019]

https://www.archyde.com/green-hydrogen-comes-to-fruition-com…

Green hydrogen comes to fruition | Companies
February 26, 2021 by archyde

Repsol is also leading the H24All consortium “to develop the first 100 MW alkaline electrolyzer in Europe to be installed in the Petronor complex in the Basque Country, a proposal submitted to the European Green Deal funds,” explain company sources. And coinciding in time, Endesa has announced 23 initiatives for “more than 2,900 million to start up 2,000 MW of renewable power in As Pontes (Galicia), Huelva, Teruel, Almería, Tarragona, the Ebro valley, Compostilla and Seseña, in the peninsular territory, and Tirajana, Granadilla and Alcudia, in the extrapeninsular ”, they detail.

Only Enagás accounts for more than 30 projects led by 50 partners

For its part, Iberdrola, which will operate a hydrogeneration plant in Barcelona to supply the public bus service, also has its mega-plan: 53 projects that will mobilize 2,500 million to achieve a production equivalent to 25% of the national objective, also framed in the Next Generation EU program, within the Recovery, Transformation and Resilience Plan, in which the Government has announced an investment of 1,500 million to promote this clean technology. And we could continue citing examples in Madrid, Illescas (Toledo), Tenerife, Amorebieta, etc. Impossible to reflect so much taking of positions.

Spanned.




Älter:
https://www.bloomberg.com/graphics/2020-renewable-energy-sup…

Fazit: Iberdrola immer noch am spannendsten?

[mp2019]

http://blog.alphavalue.com/under-fire/enel-rather-than-iberd…

auch spannend, bräuchte nur ein Update.

[mp2019]

https://www.pipeline-journal.net/news/spains-gas-storage-and…

Iberdrola
Enagas

Spain's Gas Storage and Pipeline Transportation Network To Play Key Roles

[ALF-FRED]

https://www.steelguru.com/power/iberdrola-bolsters-presence-…

[mickefett]

Antwort auf Beitrag Nr.: 67.575.609 von ALF-FRED am 24.03.21 05:48:06

Der Autor mag Iberdrola:

https://seekingalpha.com/article/4415690-iberdrola-stock-goo…

[ALF-FRED]

??? Achtung ???

Ist bei jemanden auch das Aktiendepot neuerdings anders bewertet ? ( Einstandskurse und dadurch auch Gewinn oder Verlust prozentual?

Die Aktien sind zwar vorhanden auch der entsprechende Wert, aber wo ich sonst über 400 % Gewinn bei Iberdrola hatte stehen jetzt ca. 150 % Gewinn, mein Einstandskurs war vor kurzem etwas über 2 Euro, jetzt liegt er bei über 4 Euro ???
Bin bei einer Volksbank ( Börse macht DZ Bank )

Kann das was mit der neuen Lagerstellenhaltung zu tun haben ?

Für tips wäre ich dankbar, werde mich Montag mal an meinen Broker wenden. Im Depot steht auch das ab nächstes Jahr Extra Gebühren fällig werden für An und Verkauf von ausländische Aktien die im Ausland verwarnt werden !

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2021-03/5243228…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2021-04/5246785…



14 Euro, das ist mal ein Wort 😎

[mickefett]

https://www.reuters.com/article/us-energy-utilities-enel-ibe…

[mickefett]

https://www.iberdrola.com/sustainability/green-hydrogen

[mickefett]

Das Aus- und Fortbildungszentrum von Iberdrola hat schon Gewicht:

https://thediplomatinspain.com/en/2021/04/the-king-and-queen…

[mickefett]

Auf dem Bild zum Artikel sieht man die spektakuläre Montage eines Flügels an einem Off-shore Windrad:

https://www.energyfacts.eu/van-oord-receives-2021-reto-award…

[mickefett]

Iberdrola engagiert sich auch außerhalb Spaniens in der Wasserstoffwirtschaft:

https://www.thetimes.co.uk/article/scottishpower-plans-uks-b…

[ALF-FRED]

https://www.finanznachrichten.de/nachrichten-2021-04/5263727…


UBS sieht 13,40 Euro 😎

[mickefett]

Aus der New York Times:

https://www.nytimes.com/2021/04/28/business/wind-power-indus…

[mickefett]

Grünes Hydrogen-Projekt in Valencia, Spanien:

https://www.h2-view.com/story/bp-iberdrola-and-enagas-join-f…

[ALF-FRED]

Da ist ja noch Luft nach oben - 15 Euro

https://www.finanznachrichten.de/nachrichten-2021-05/5286506…

[ALF-FRED]

https://seekingalpha.com/article/4428326-iberdrola-s-ibdsf-c…


Wenn ich es richtig gelesen habe werden 42 Cent Dividende pro Aktie für das Jahr 2020 vorgeschlagen.

[ALF-FRED]

https://www.iwr.de/news/iberdrola-und-50hertz-kooperieren-be…

[mickefett]

https://www.cummins.com/news/releases/2021/05/24/cummins-sel…

[ALF-FRED]

14,70 ist noch weit entfernt


https://www.finanznachrichten.de/nachrichten-2021-06/5306103…

[mickefett]

Exklusive Vereinbarung mit RB Iberia (Burger King):
https://www.electrive.net/2021/06/04/iberdrola-installiert-l…

...Laut der Mitteilung von Iberdrola plant RB Iberia zudem, bei neu gebauten Restaurants bis zu 100 Ladepunkte pro Jahr zu errichten. Die mögliche Expansion nach Portugal im zweiten Schritt wird in der Mitteilung aber nur erwähnt und nicht mit genauen Ziele hinterlegt.....

....Iberdrola hat noch nicht bestätigt, welche Ladesäulen genau bei RB Iberia aufgestellt werden sollen. Einen Hinweis könnte aber eine Mitteilung geben, die Iberdrola einen Tag vor dem Deal mit RB Iberia veröffentlicht hat: Der Energiekonzern hat die ersten 1.000 Exemplare der Schnellladesäule Supernova des spanischen Ladeinfrastruktur-Hersteller Wallbox beschafft. Die im vergangenen Herbst vorgestellte Supernova ist die erste Schnellladestation von Wallbox für das öffentliche Laden in Städten. Iberdrola ist der größte Anteilseigner von Wallbox.

[mickefett]

https://www.electrive.net/2021/06/04/iberdrola-installiert-l…
...Die nun geschlossene Vereinbarung ist für die kommenden zehn Jahre exklusiv, es dürfen somit keine Ladepunkte anderer Betreiber bei RB Iberia gebaut werden. Iberdrola übernimmt dafür Installation und Betrieb der Ladepunkte. Kunden sollen die Ladegeräte über die Iberdrola Public Charging App nutzen können, über die App erfolgt auch die Abrechnung.

Laut der Mitteilung von Iberdrola plant RB Iberia zudem, bei neu gebauten Restaurants bis zu 100 Ladepunkte pro Jahr zu errichten. Die mögliche Expansion nach Portugal im zweiten Schritt wird in der Mitteilung aber nur erwähnt und nicht mit genauen Ziele hinterlegt.

....Iberdrola hat noch nicht bestätigt, welche Ladesäulen genau bei RB Iberia aufgestellt werden sollen. Einen Hinweis könnte aber eine Mitteilung geben, die Iberdrola einen Tag vor dem Deal mit RB Iberia veröffentlicht hat: Der Energiekonzern hat die ersten 1.000 Exemplare der Schnellladesäule Supernova des spanischen Ladeinfrastruktur-Hersteller Wallbox beschafft. Die im vergangenen Herbst vorgestellte Supernova ist die erste Schnellladestation von Wallbox für das öffentliche Laden in Städten. Iberdrola ist der größte Anteilseigner von Wallbox.

[ALF-FRED]

Nächste Woche HV , in den Unterlagen auf de Home Page stand was von 1 zu 44 flexi Divi,
Aber da mein Schulenglisch über 45 Jahre her ist warte ich mal lieber auf eine offizielle Mitteilung.

😎

[mickefett]

Antwort auf Beitrag Nr.: 68.492.363 von ALF-FRED am 13.06.21 00:32:35

Für 44 Aktien bekommt man als Dividende 1 Zusatzaktie als Dividende. Genau!

[ALF-FRED]

https://seekingalpha.com/article/4435010-iberdrola-stock-ahe…

[ALF-FRED]

https://renews.biz/70733/iberdrola-strikes-xxl-monopile-deal…

[ALF-FRED]

https://www.cnmv.es/Portal/verDoc.axd?t=%7B6e686fa4-e17e-4c4…


1 zu 40 lese ich unter (iii)

Also für 40 alte Aktien gibt es eine neue zusätzliche im flexi Divi Programm

[akraut]

Hi,

kann mir jemand das mit der Kapitalerhöhung aus Eigenmitteln erklären? Ich habe jetzt ein Schreiben bekommen und dachte erst es wäre eine Gebühr. Dabei ist das jetzt die deutsche Steuer.

Es gibt die folgenden drei Möglichkeiten:

1.) Rückgabe der Anrechte an die Gesellschaft. In diesem Fall erhalten Sie je Anrecht 0,254 EUR als Dividendenzahlung
unter Abzug von 19 % Quellensteuer.
2.) Handel der Anrechte. Bei dieser Option fällt keine Quellensteuer an. Bitte beachten Sie, dass für Personen, für die das
spanische Einkommenssteuergesetz findet, aktuell keine Verkaufsaufträge angenommen werden können. Mit Ihrer
Auftragserteilung bestätigen Sie, dass Sie nicht unter den Anwendungsbereich dieses Gesetzes fallen.
3.) Umtausch der Anrechte in Aktien der Gesellschaft. Ohne Ihren Auftrag werden wir Ihre Anrechte im Verhältnis 40 : 1 in
Junge Aktien umtauschen und zu einem späteren Zeitpunkt in Stammaktien der Gesellschaft (ISIN ES0144580Y14/WKN
A0M46B) umbuchen. Eventuell entstehende Bruchteile werden separat reguliert. Bei dieser Option fällt keine Quellensteuer
an.

Bei 300 Aktien würde ich 7,5 erhalten. Wie geht Ihr damit um?

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.718.551 von akraut am 08.07.21 09:18:43

Nichts machen, die neuen Aktien werden nach einigen Tagen eingebucht. Der krumme Restbetrag gutgeschrieben, das ist jedes halbe Jahr so und potenziert sich wenn du die Aktien als Langfristanlage siehst und behalten willst. Bei mir sind so über 50% neue Aktien im Depot seit 2012 hinzugekommen bei Iberdrola. Auch sparst du die ausländischen Steuern, da nix abgezogen wird, außer die deutsche Kapitalertragssteuer wenn du deinen Freibetrag schon ausgeschöpft hast.
Also nichts machen ist am einfachsten.

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.721.248 von ALF-FRED am 08.07.21 12:15:57

Also erst werden Anrechte eingebucht, dann umgewandelt, und dann Aktien gutgeschrieben.

[ALF-FRED]

Anrechte sind eingebucht

[ALF-FRED]

14Euro 😀

https://www.finanznachrichten.de/nachrichten-2021-07/5338540…

[beton0815]

Antwort auf Beitrag Nr.: 68.751.785 von ALF-FRED am 12.07.21 16:10:07

RBC vor 3 Wochen mit Zielsenkung auf 10,00 €.

Dann nehme ich doch lieber die 14,00 € 🤪
Nachkaufen würde ich vorher allerdings schon noch ein bisschen.

[ALF-FRED]

Ist ein Selbstläufer, seit 2012 bei mir im Depot

[beton0815]

Antwort auf Beitrag Nr.: 68.752.103 von ALF-FRED am 12.07.21 16:38:44

Was hältst Du von den italienischen Kollegen, ENEL?

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.757.848 von beton0815 am 13.07.21 10:09:44

Keine Ahnung, mein Depot ist zu, ich leb von den Dividenden

[beton0815]

Antwort auf Beitrag Nr.: 68.758.730 von ALF-FRED am 13.07.21 11:23:54

Glückwunsch, scheinbar alles richtig gemacht.

Bei mir im Depot ist noch etwas Platz.
Hier werde ich nochmal zulegen.
Ich denke, bei den Versorgern kann man nicht allzu viel falsch machen.

[ALF-FRED]

https://seekingalpha.com/news/3716013-shell-iberdrola-join-i…

[ALF-FRED]

https://www.anleihen-finder.de/sowitec-verkauft-sein-vietnam…

[ALF-FRED]

Stellen sich ganz schön breit auf


https://www.electrive.net/2021/07/26/irizar-und-iberdrola-al…

[ALF-FRED]

Die Anrechte sind in Aktien umgebucht worden.

[reti]

https://www.electrive.net/2021/08/02/iberdrola-plant-mit-par…

[beton0815]

Ich habe die Bezugsrechte nicht angenommen.
Sie stehen immer noch als Position in meinem Depot.
Wann verschwinden diese?
Die Frist ist doch längst verstrichen.

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.964.802 von beton0815 am 05.08.21 10:06:11

Nachfrage, was heißt nicht angenommen ? Mit Weisung verkauft? Dafür müßtest du ein Formular von deiner Bank bekommen haben ?

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.965.978 von ALF-FRED am 05.08.21 11:22:57

Zitat von ALF-FRED: Nachfrage, was heißt nicht angenommen ? Mit Weisung verkauft? Dafür müßtest du ein Formular von deiner Bank bekommen haben ?

Und dementsprechend Geld dafür bekommen haben

[beton0815]

Antwort auf Beitrag Nr.: 68.966.011 von ALF-FRED am 05.08.21 11:24:17

Das Formular hatte ich bekommen.

Wahlweise Aktien oder Bardividende.
Da ich nichts unternommen habe, sollte eigentlich die Bardividende ausgezahlt werden.
Das war bis jetzt nicht der Fall.

Mich wundert, dass die Bezugsrechte noch gelistet sind.
Die Frist ist längst abgelaufen.
Mich wundert auch, dass die Bezugsrechte in Dollar mit Nasdaq Listung laufen.
Ich hab nur ein paar, ist jetzt nicht lebensnotwendig, aber von anderen Papieren bin
ich gewohnt, dass die Bezugsrechte nach Fristablauf erlöschen.

[ALF-FRED]

Wenn du nichts unternommen hast bekommst du die Anrechte in Aktienumgebucht!

Das kann ein paar Tage dauern, wenn du hättest Divi bekommen wollen hättest du eine Order zum Verkauf der Anrechte geben müssen.

[beton0815]

Antwort auf Beitrag Nr.: 68.967.922 von ALF-FRED am 05.08.21 13:41:57

Auch kein Problem. Muss eh noch aufstocken.
Verstehe ich das Anschreiben denn so falsch?

Steht doch eindeutig Bardividende drin, wenn ich nichts machen.
Eilt jetzt nicht wirklich. Es verwundert mich nur.

[Pacific1]

Antwort auf Beitrag Nr.: 68.968.450 von beton0815 am 05.08.21 14:22:09

Das ist der falsche Text. Ist der Standard Baustein für Wahldividende. Bei Iberdrola gibt's drei Möglichkeiten. Ist auch in Sachen Quellensteuer ganz angenehm die Aktien zu beziehen.

[beton0815]

Antwort auf Beitrag Nr.: 68.968.579 von Pacific1 am 05.08.21 14:31:36

Sehr gut.
Die Aktie wäre mir in Bezug auf die Quellensteuer eh lieber gewesen.
Ich war, ehrlich gesagt nur zu bequem den Papierkram zu erledigen.

👍

[ALF-FRED]

Antwort auf Beitrag Nr.: 68.968.450 von beton0815 am 05.08.21 14:22:09

Zitat von beton0815: Auch kein Problem. Muss eh noch aufstocken.
Verstehe ich das Anschreiben denn so falsch?

Steht doch eindeutig Bardividende drin, wenn ich nichts machen.
Eilt jetzt nicht wirklich. Es verwundert mich nur.

Den Text mit der Bardividende hab ich nicht, bei Nichtstun steht bei mir - Umtausch in Aktien, keine Quellensteuer !

So läuft es immer und auch bei anderen Aktien wie z.b. Repsol die ich auch schon Jahre habe, da hat deine Bank oder dein Broker was falsches geschrieben, ich würd einfach mal nachhaken.

Bei mir sind die Rechte schon umgeschrieben in Aktien, mit den alten zusammengefügt und der Teilbetrag Dr über war wurde gestern ausgezahlt.

[beton0815]

Um den Kurs etwas zu stabilisieren, habe ich meinen
Bestand auf 200 Stück eben verdoppelt.

Auf Jahressicht gab es einige Rücksetzer Richtung 10,10€.

Ich hoffe, dass ist die Talsohle und wir schlagen nun wieder
eine andere Richtung ein.

Die Ausrichtung Seitens Iberdrola bezüglich erneuerbaren Energien gefällt mir.
Das wird hoffentlich eines Tages belohnt.

Vorab, schönes Wochenende 👍

[ALF-FRED]

Die Aktien die du als Divi bekommst potenzieren sich über die Jahre, ich habe seit 2012 schon über
50% mehr Aktien von Iberdrola im Depot als bei meinem Kauf.

[beton0815]

Antwort auf Beitrag Nr.: 68.979.598 von ALF-FRED am 06.08.21 13:25:28

Ich habe mit Flatex gesprochen und um Klärung gebeten.
Der Kollege will sich drum kümmern und mir in den nächsten Tagen Bescheid geben.

Da ich nächsten Monat zu Smartbroker wechseln möchte, hat sich das eh hoffentlich soweit erledigt.
Weiß jemand, ob man bei Smartbroker einen Automatismus einrichten kann,
dass immer die Aktien statt der Bardividende gewählt wird?

[ALF-FRED]

Bei meiner Bank ( Volksbank ) ist das so, wenn du nichts macht’s geht das automatisch das die Rechte in Aktien umgebucht werden und dann in dein Depot kommen. Ich kenn da nichts anderes

Von der normalen Logik müßte es überall so sein da du ja den Verkauf von deinen Anrechten irgendwie ordern mußt.

[beton0815]

Antwort auf Beitrag Nr.: 68.981.572 von ALF-FRED am 06.08.21 16:14:51

Mal sehen, ob ich von Flatex zeitnah eine Antwort bekomme.

Bei Encavis ging es automatisch als Bardividende.
Dort hat man die gleiche Wahlmöglichkeit.

Wer lesen kann, ist übrigens klar im Vorteil.
Die Weisung geht auch Online.
Kein Papierkram nötig.



Eins würde mich noch interessieren:
Woher kommen die Wahlaktien?

Aus einem Pool, also Eigenbestand oder werden sie bei Iberdrola neu ausgegeben?
Eine Neuausgabe käme doch einer Kapitalerhöhung / Verwässerung gleich.

[beton0815]

Die Bardividende ist Heute eingegangen.


Scheinbar handhaben die Broker das Ganze unterschiedlich.