Iberdrola, S.A. is a Spanish electric utility company headquartered in Bilbao, formed by the 1992 merger of two Spanish electricity companies, Hidroelectrica Espanola and Iberduero. It is one of the largest electric utility companies in the world and a major global investor in wind power, operating extensively in Spain, in the United Kingdom through its ScottishPower subsidiary, in the United States through its Avangrid subsidiary, and across several Latin American markets.
Facts
Company TypeSpanish multinational electric utility company 1 Founded Year Headquarters Connections
Operates In
A major electric or gas utility company; classified in the atlas utilities-industry.
In the Other Atlases
- Also in Geography Atlas: Spain, located there.
Sources
1. Iberdrola (Wikipedia)
Lead section, opening sentence
is a Spanish multinational electric utility company based in Bilbao, Spain.
History section, merger sentence
Iberdrola was created on November 1, 1992, from the merger between Hidroeléctrica Española and Iberduero.
View the SourceFrequently Asked Questions
How did Iberdrola come to exist?
Iberdrola was formed on November 1 1992 by merging Hidroelectrica Espanola and Iberduero.
Iberdrola was created on November 1, 1992, from the merger between two Spanish electricity companies, Hidroelectrica Espanola and Iberduero. The combined company is based in Bilbao and later grew well beyond Spain, operating in the United Kingdom through its ScottishPower subsidiary and in the United States through its Avangrid subsidiary.
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