Iberdrola completes GIC expansion as Iberdrola stock costs EUR 20.94 versus EUR 20.94 close
Published on 10/03/2026 at 10:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Iberdrola completed the expansion of its alliance with GIC in Brazil on October 1, 2026, through its subsidiary Neoenergia, according to an Iberdrola announcement. The transaction added seven Neoenergia transmission assets to the joint platform.
In weekend trading at Lang & Schwarz on October 3, 2026, Iberdrola stock was unchanged at EUR 20.94 at 10:19 a.m. CEST. The price was EUR 20.94, or 0.00 percent above the close of the last Xetra trading day at Lang & Schwarz on October 2, 2026.
Weekend trading at Lang & Schwarz
Neoenergia increased its stake in Neoenergia Transmissão from 50.00 percent to 51.00 percent and retained control of the platform, while GIC holds the remaining 49.00 percent. The platform now comprises 16 assets and 6,710 kilometers of transmission lines, according to the company release. The further course of weekend trading at Lang & Schwarz until 1:00 p.m. CEST is shown by the continuously updated real-time quote of Iberdrola stock.
The last Xetra trading day
The close at Lang & Schwarz was EUR 20.94 on October 2, 2026. The weekend price therefore matched that reference level.
Alliance expansion in Brazil
The expanded platform has an asset value of around BRL 25.5 billion, or approximately EUR 4.25 billion, and estimated annual regulated revenues of approximately BRL 1.9 billion, or EUR 320 million. Iberdrola said it plans to invest nearly EUR 30 billion in electricity transmission and distribution networks through 2028, with the United Kingdom, the United States and Brazil among its main destinations.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026.
