Iberdrola
Spanish multinational electric utility monopoly / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Iberdrola?
Summarize this article for a 10 year old
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.[2][3] Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others.[4] As of 2023,[update] the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank also holding significant interests.[5]
Company type | Sociedad Anónima |
---|---|
BMAD: IBE | |
ISIN | ES0144580Y14 |
Industry | Electric utility |
Founded | 1 November 1992; 31 years ago (1992-11-01) |
Headquarters | Iberdrola Tower, |
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)[1] |
7,984,000,000 Euro (2022) | |
€4.339 billion (2022)[1] | |
Total assets | €154 billion (2022)[1] |
Number of employees | 40,090 (2022)[1] |
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.[6][7] As of 2023, the company operates a capacity of 62,045 MW, of which 41,246 MW are from renewable sources worldwide.[8][9]