Iberdrola SA

About

Iberdrola SA is a Spanish multinational electric utility company based in Bilbao, Spain. Founded in 1992, it has evolved into a global leader in clean energy, grids, and storage. Iberdrola serves around 30 million customers and employs approximately 40,000 people. The company is renowned for its significant investments in renewable energy, particularly wind and solar projects worldwide. It operates a total installed capacity of over 62,000 MW, with more than 41,000 MW coming from renewable sources. Iberdrola's commitment to sustainability is evident in its strategic alliances and continuous expansion of renewable energy capacities. Iberdrola's global presence includes subsidiaries like ScottishPower in the UK and Avangrid in the US. The company is also a pioneer in green hydrogen development and is heavily invested in offshore wind projects. Iberdrola's strategic plan involves substantial investments in renewable technologies, aiming to accelerate the energy transition. Its leadership in the energy sector is underscored by its market capitalization and innovative business model focused on sustainability and digital transformation. Iberdrola's activities not only contribute to reducing carbon emissions but also promote local development and job creation in the regions where it operates.