Iberdrola
Iberdrola (Spanish pronunciation: [iβeɾˈðɾola]) is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 40,000 employees serving around 30 million customers. Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others. As of 2023, the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank also holding significant interests.
Headquarters in Iberdrola Tower, Bilbao | |
| Company type | Sociedad Anónima |
|---|---|
| BMAD: IBE | |
| ISIN | ES0144580Y14 |
| Industry | Electric utility |
| Founded | 1 November 1992 |
| Headquarters | Bilbao, Spain |
Key people | Ignacio Galán (Chairman and CEO) |
| Products | Electricity generation and distribution, renewable energy, natural gas production, sale and distribution, telecommunications |
| Revenue | €53.949 billion (2022) |
| 7,984,000,000 euro (2022) | |
| €4.339 billion (2022) | |
| Total assets | €154 billion (2022) |
Number of employees | 40,090 (2022) |
| Subsidiaries | Elektro Holding Avangrid (partially owned) Scottish Power |
| Website | iberdrola.com |
Iberdrola is the largest producer of wind power, and the world's second electricity utility by market capitalisation. As of 2023, the company operates a capacity of 62,045 MW, of which 41,246 MW are from renewable sources worldwide.
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