Iberdrola (OTCMKTS:IBDRY), S.A. is a leading multinational electric utility company headquartered in Bilbao, Spain. It specializes in the generation, distribution, transmission and sale of electricity, with a growing focus on renewable energy sources. The company operates a diversified portfolio of power assets, spanning onshore and offshore wind, hydroelectric, solar and, to a lesser extent, conventional thermal and nuclear. Iberdrola’s strategy emphasizes sustainable growth and the decarbonization of the energy sector, leveraging innovation and digital solutions to enhance grid reliability and operational efficiency.
In its power generation segment, Iberdrola owns and manages facilities that produce electricity across a mix of technologies, with renewables accounting for the majority of installed capacity. The company also offers end-to-end customer solutions, including energy retail services for residential, commercial and industrial clients. Through smart grid projects and advanced metering infrastructure, Iberdrola aims to optimize energy distribution, integrate distributed energy resources and provide customers with real-time usage data to encourage energy efficiency and demand response.
Iberdrola’s international footprint extends across Europe, the Americas and other strategic markets. In the United Kingdom, its subsidiary ScottishPower operates a significant wind power portfolio and distribution network. In the United States, Iberdrola is represented by Avangrid, which serves customers in the Northeast and invests heavily in wind and solar developments. The company also maintains operations in Latin America, notably in Brazil and Mexico, where it continues to expand renewable capacity and improve transmission infrastructure to meet growing electricity demand.
Tracing its origins to early 20th-century hydroelectric ventures, the modern Iberdrola was formed through the 1992 merger of two Spanish utilities and has since evolved into a global energy leader. Under the long-standing leadership of Chairman and CEO Ignacio Galán, the company has pursued an aggressive investment plan in clean energy, digitalization and innovation. Iberdrola’s governance framework emphasizes sustainability, corporate responsibility and stakeholder engagement as pillars of its long-term value creation.
