Iberdrola (OTCMKTS:IBDSF) is a Spanish multinational electric utility company with core activities spanning the generation, transmission and distribution of electricity. The company has established itself as a global leader in renewable energy, particularly wind power, and maintains a diversified portfolio that includes hydroelectric, solar and conventional thermal generation assets. In addition to power generation, Iberdrola provides integrated energy services and solutions for residential, commercial and industrial customers.
The company’s operations extend across Europe, North America and Latin America. In its domestic market of Spain, Iberdrola is one of the largest utilities, serving customers through an extensive grid network and retail electricity business. Internationally, it operates under subsidiaries such as ScottishPower in the United Kingdom and Avangrid in the United States, along with regional affiliates in Mexico, Brazil and other Latin American territories. Through ongoing investments in grid modernization and digitalization, Iberdrola aims to enhance network reliability and support the integration of distributed energy resources.
Founded in 1992 through the merger of Hidroeléctrica Española and Iberduero, Iberdrola traces its origins to early electrification initiatives in Spain. Headquartered in Bilbao, the company is led by Executive Chairman and CEO Ignacio Galán, under whose leadership Iberdrola has pursued a strategic shift toward sustainability and decarbonization. The company has set ambitious targets for carbon neutrality and continues to expand its renewable energy portfolio through greenfield projects and partnerships, reinforcing its position as a leading global energy provider committed to the clean energy transition.
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