Iberdrola targets €10B profit by 2030, 10% annual growth
Published 2 d ago2 sourcesEvidence: Reported
Spanish energy retailers Moeve and Naturgy are aggressively cutting electricity, gas, and fuel prices to undercut Repsol and Iberdrola, squeezing low-cost competitors. The move signals intensifying competition in Spain's retail energy market amid high consumer prices. Market share shifts and margin pressure are likely, but the sustainability of the price cuts remains uncertain.
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