Iberdrola seems like a decent sized company (~40k employees) so looks promising on the surface, but I do wonder how many companies and more importantly their employees will pay for this.....it looks like employees have to (partly) pay to offset their home power usage with renewable energy certificates, but hard to see why employees would not do this directly by the energy provider they use.
No economics (and as always the annoying TAM of billions of $$s is really pointless and if anything should be a red flag), but hopefully they signed up Iberdrola for Reach and perhaps any company that does sign up for MyNetZero will also sign onto Reach as that seems to be the recommended engagement platform for MyNetZero.
Anyway, nice to see some news other than the internal shenanigans going on at the company!
LVT Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held