About
Iberdrola is one of the world's largest electric utilities and the global leader in renewable energy, headquartered in Bilbao, Spain, with roots tracing to 1901 and the formation of Hidroeléctrica Ibérica. The company employs about 40,000 people, serves more than 100 million customers in Spain, the UK, the United States, Brazil, and Mexico, and generates annual revenue of roughly EUR 50 billion.\n\nIberdrola's strategy has made it the world's largest wind-power operator, with more than 40 GW of installed renewable capacity — onshore wind in the US, Spain, and Brazil, offshore wind in the UK (East Anglia, ScottishPower Renewables), and hydro in Spain and Portugal. Its networks business operates one of the largest smart-grid systems in Europe, and its retail arm supplies electricity and gas to residential and industrial customers across four continents. The company plans to invest more than EUR 40 billion by 2025 in grid modernization, renewables, and storage, with a particular focus on green hydrogen and offshore wind in the North Sea.\n\nFor suppliers, Iberdrola's scale in renewables creates one of the world's largest procurement pipelines for wind turbines, solar panels, transformers, cables, and grid equipment — its supply-chain commitments with turbine makers like Siemens Gamesa and Vestas anchor manufacturing jobs across Europe.
Also known as: Iberdrola
Frequently Asked Questions
What is Iberdrola?+
Iberdrola S.A. is a Spanish multinational electric utility and one of the world's largest renewable energy companies. It generates and distributes electricity from wind, solar, hydro and gas assets across Europe, the Americas and Asia.
Where is Iberdrola headquartered?+
Iberdrola is headquartered in Bilbao, Spain.
Who owns Iberdrola?+
Iberdrola is a publicly traded company listed on the Madrid Stock Exchange (IBE). Its largest shareholder is the Qatar Investment Authority (QIA), a sovereign wealth fund.
When was Iberdrola founded?+
Iberdrola's history began with Hidroeléctrica Ibérica in 1901. The modern company was formed in 1992 through the merger of Iberduero and Hidroeléctrica Española.
