Iberdrola Renovables
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Iberdrola Renovables
Iberdrola Renovables was a subsidiary of Iberdrola, headquartered in Valencia, Spain, which included companies in the domains of renewable energy, particularly wind power. The firm was the world's largest renewable energy firm: it was the world's largest owner-operator of wind farms, but also operated in the solar, hydro, biomass and wave power industries. History Iberdrola Renovables was registered in Madrid following its incorporation in 2001. It started as a wholly owned business unit of Iberdrola under the name Iberenova. In 2009 the company changed its registered office to Valencia. However, it still had a strong presence in Madrid and in Bilbao, its birthplace. Flotation The company was listed on the Madrid Stock Exchange in December 2007 in an initial public offering. 844,812,980 new shares were placed at a price of €5.30 each. The operation totalled €5 billion, the largest placement ever made on the Spanish market by a new company. The company joined ...
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Iberdrola
Iberdrola () is a Spanish multinational electric utility company based in Bilbao, Spain. Iberdrola has a workforce of around 34,000 employees serving around 31.67 million customers. Subsidiaries include Scottish Power (United Kingdom) and a significant part of Avangrid (United States), amongst others. In 2013, the largest shareholder of the company was Qatar Investment Holding. Other significant shareholders included Norges Bank, Kutxabank and CaixaBank (formerly Bankia). Iberdrola, a global energy company, is the second biggest producer of wind power after Ørsted by revenue and market capitalisation. It is the world's third electricity utility by market capitalisation. It has subsidiaries in numerous countries, mainly in Spain, United Kingdom (Scottish Power), United States (Avangrid), Brazil (Neoenergia), Mexico, Germany, Portugal, Italy, Australia and France. History Early history Iberdrola was created on November 1, 1992, from the merger between Hidroeléc ...
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