Iberdrola

Iberdrola is a Spanish multinational electric utility company that operates across generation, transmission, distribution, and retail segments. The company is the world's leading renewable energy producer by installed capacity, with significant investments in wind, solar, and hydroelectric power generation.

The company operates through several major business segments: Electricity generation and supply, electricity networks and distribution, and renewable energy development. Iberdrola serves approximately 30 million customers globally through its subsidiaries and operates in nearly 40 countries across Europe, North America, and Latin America.

Iberdrola's strategic focus is on the energy transition, with substantial investments in renewable energy infrastructure and smart grid technology. The company employs approximately 40,000 people worldwide and maintains a strong commitment to sustainability and environmental responsibility.

Iberdrola was formed in 1992 through the merger of two major Spanish electricity companies: Iberduero and Hidroeléctrica Española. This merger created one of Spain's largest utility companies with significant hydroelectric power generation capacity.

Throughout the 1990s and 2000s, Iberdrola expanded internationally, acquiring energy companies in the United Kingdom, United States, and other markets. In 2001, the company acquired Scottish Power, establishing a major presence in the UK energy market. In 2008, Iberdrola purchased Energy East Corporation in the United States, which later became Avangrid following a merger with UIL Holdings in 2015.

In Brazil, Iberdrola established operations through Neoenergia, which was founded in 1997 and became a major electricity distributor and generator. The company has consistently invested in renewable energy infrastructure, particularly wind and solar power generation, positioning itself as a global leader in clean energy production.