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Iberdrola Records Marginal Increase in Q2 Profit, Solar Capacity Reaches 5 GW

The company’s revenue during the quarter came up to €10.8 billion

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Spain-based independent power producer Iberdrola recorded a net profit of €1.04 billion (~$ 1.14 billion) during the second quarter (Q2) of the financial year (FY) 2023, an increase of 2% on a year-over-year basis (YoY) as compared to €1.02 billion (~$1.1 billion).

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