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Iberdrola might be a big electric utility already, with 75% of its power generated from renewable sources, but its relevance is only set to get bigger. The contribution of wind energy to total production is on the rise, with robust growth in offshore wind production. Also, the company's planned investments are heavily tilted towards wind. Supporting the promise of renewables is the company's financial performance and prospects, particularly the healthy expected profit growth. Its good dividend yield is a positive too.

Here is how Iberdrola S.A. (IBDRY) and MYR Group (MYRG) have performed compared to their sector so far this year.