Iberdrola
Headquarters in Iberdrola Tower, Bilbao | |
| Company type | Sociedad Anónima |
|---|---|
| BMAD: IBE IBEX 35 | |
| ISIN | ES0144580Y14 |
| Industry | Electric utility |
| Founded | 1 November 1992 |
| Headquarters | Iberdrola Tower, |
Key people | Ignacio Galán (Chairman and CEO) The Duke of Rivas (CFO) |
| 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 ScottishPower |
| Website | iberdrola.com |
Iberdrola, S.A. (Spanish pronunciation: [iβeɾˈðɾola]) is a Spanish multinational electric utility company based in Bilbao, Spain. It has around 40,000 employees and serves around 30 million customers.
Subsidiaries include ScottishPower (United Kingdom), Avangrid (United States) and Neoenergia (Brazil), amongst others. As of 2023, the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank (managers of the Norwegian Government Pension Fund Global) also holding significant interests.
Iberdrola is the largest producer of wind power, and the world's second largest 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.