Iberdrola S.A. (IBE1)

Overview

Iberdrola, S.A. is a global energy powerhouse headquartered in Bilbao, Spain, with a significant footprint across Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. Founded in 1840, the company has evolved into a leader in the generation, transmission, distribution, and supply of electricity. Iberdrola is at the forefront of the transition to renewable energy, boasting a total installed capacity of 62,871 MW, and focuses on generating electricity from a variety of renewable sources. Its commitment to sustainability and energy innovation has positioned it as a key player in the energy market, catering to the growing demand for clean and renewable energy solutions worldwide.

Products and Services

• Renewable Electricity Generation:

Iberdrola generates electricity using a diverse mix of renewable energy sources, including onshore and offshore wind, hydro, photovoltaic solar panels, combined cycle gas, and conventional nuclear energy. The company's emphasis on renewable sources underscores its commitment to reducing carbon emissions and combating climate change.

• Energy Storage Solutions:

The company leverages battery technology to store electricity, optimizing the use of renewable energy sources and ensuring a stable energy supply, even when production from renewables is variable. Energy storage is crucial for enhancing the efficiency and reliability of the power grid.

• Wholesale Electricity and Gas Trading:

Iberdrola engages in the purchase and sale of electricity and gas on wholesale markets. This aspect of the business facilitates the management of supply and demand, contributing to market stability and competitive energy prices.

• Energy Retail Supply:

The company supplies gas and electricity to end users, offering a range of products and services that also include hydrogen. These offerings cater to both residential and industrial customers, providing them with customized energy solutions.

• Green Hydrogen Production:

Iberdrola is invested in the production of green hydrogen, a clean energy carrier that can be used in various industries and for energy storage, further advancing the company's commitment to sustainable energy solutions.

• Residential Energy Services:

To residential customers, Iberdrola offers services such as heat pumps, self-consumption solutions, and electric mobility assistance. These services are designed to facilitate the transition to cleaner energy sources within homes and contribute to overall energy efficiency.

• Industrial Energy Solutions:

For industrial customers, the company not only supplies green hydrogen and industrial heat but also offers management of energy facilities. These comprehensive solutions are aimed at reducing the carbon footprint of industrial processes and promoting energy sustainability on a larger scale.