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Executive overview
Key findings
943.51 hm³: capacity of Canal's reservoirs; storage stood at 62.5% (590 hm³) at the start of the 2026/27 hydrological year
6.92 million: population supplied in 2025 (actual), up from 6.36 million in 2018
More than €2,000 million: investment planned under the Strategic Plan 2025–2030; actual investment was €494.4 million in 2025
3% a period, six periods: cumulative tariff updates for 2025 to 2030 under Decree 29/2025 (about 19.4% in total, calculated)
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Buyer relevance
Who the report is for
Water resource and drought planners
Set the 529.1 hm³ derived in 2025/26 against reservoir storage of 62.5% at the start of the 2026/27 hydrological year and a 90 hm³ a year groundwater reserve.
Lenders and credit analysts
Track parent-company net financial debt of €469.46 million at end-2025, €159 million of credit lines maturing in December 2026 and a tariff path fixed to 2030.
Treatment, network and metering suppliers
Locate the programs with budgets and dates: Plan Red renewal to 3,000 km by 2030, the €160.4 million Colmenar Viejo renovation and the M-50 ring due in 2027.
Public policy and regulatory teams
See how the Community of Madrid owns, regulates and chairs Canal, and which plants, such as Sur, remain owned by Madrid City Council.
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Decision scope
Questions answered
Is Madrid's water demand rising?
Water derived for supply reached 529.1 hm³ in 2025/26, the first time above 500 hm³ since 2011/12, and 2026 consumption to the start of September was 8.8% above 2025.
How much is Canal investing compared with its plan?
Actual investment was €494.4 million in 2025, above the average of more than €333 million a year implied by the plan's more than €2,000 million over six years.
How fast will tariffs rise?
Decree 29/2025 sets updates of 3% a period over six periods from 2025 to 2030, about 19.4% in total.
Is Plan Red on track for 3,000 km by 2030?
Canal renewed 481 km in 2025 and 1,743.5 km since 2018, leaving about 251 km a year for 2026–2030.
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Inside the report
Inside the complete report
Executive Overview
1. Water Resource Profile
2. Governance and Institutional Framework
3. Infrastructure and Service Delivery
Strategic Outlook and Opportunities
Source Register
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Public preview
What to watch next
1. Water Resource Profile
Monthly storage against the seasonal average through winter 2026/27; whether 2026 calendar-year water derived exceeds 2025's 494.14 hm³ by the 8.8% seen through August; any change to the Sustainability Plan's per capita target in its successor plan.
2. Governance and Institutional Framework
Each annual tariff order to 2030 and whether any period departs from 3%; rating actions after the FY 2025 accounts; any change of President or Managing Director with regional government changes.
3. Infrastructure and Service Delivery
Plan Red kilometers in 2026 against the 251 km a year needed; completion of remote reading for all 1.6 million meters by the end of 2026; award and start of the Colmenar Viejo renovation; M-50 first-phase completion in 2027.
Strategic Outlook and Opportunities
Refinancing of the €159 million credit lines maturing in December 2026; FY 2026 investment and net debt against 2025; the 2027 tariff order; progress toward energy parity by 2030; any new resource project in a plan update or the successor Sustainability Plan.
Investment, debt and the Strategic Plan 2025–2030 allocations, with plan, commitment and actual figures labelled.
06
Included
What you receive
The complete PDF report: 13 pages, 6 sections, 15 tables and a register of 32 sources.
This edition
October 2026, First edition.
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Evidence & method
Evidence and method
The report draws on Canal de Isabel II's audited consolidated accounts and management reports for 2017–2025, its monthly hydrology releases through October 2026, its Strategic Plan 2025–2030 and project releases, Community of Madrid decrees, tariff orders and government statements, and EIB, MITECO and European Environment Agency material on financing and the Tagus basin.
Sources
32 sources, listed in the report's source register. Evidence current to 29 October 2026. Principal data periods: FY 2025 audited consolidated accounts (year ended December 31, 2025); operating series 2015–2025; hydrological year 2025/26 (October 2025 to September 2026); tariff framework 2025–2030; project status as of October 2026. All currency is euros (€)..
Evidence boundaries
This report uses authoritative source material available at the stated research cutoff. It distinguishes published facts, calculated values and analytical interpretation. No independent modelling is performed. Forward-looking analysis reflects published plans, documented trends and stated uncertainties. It does not constitute legal, financial, investment or engineering advice.
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Lead analyst
Robert C. Brears
Founder, Our Future Water Intelligence
Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.
- Decision-focused utility intelligence
- Published water-policy author
- Evidence-grounded system analysis
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Buyer FAQs
Before you purchase
Who can use the report?
Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.
How is the report delivered?
The PDF is available to download immediately after confirmed payment, through our secure delivery system.
Can my organization buy wider access?
Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.
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Water Systems Overview: Canal de Isabel II
- Format
- Length
- 13 pages
- Edition
- October 2026, First edition
- Price
- USD 499
11
Report details
Publication details
- Publisher
- Our Future Water Intelligence
- Report family
- Water Utility Intelligence Report
- Edition
- October 2026, First edition
- Format
- Length
- 13 pages
- Reference
- OFW_EXT_WATER_SYSTEMS_OVERVIEW_CANAL_DE_ISABEL_II_76424bfb04e4
- Evidence current to
- 29 October 2026
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