Iberdrola S.A. ADR Stock

Description Iberdrola

Iberdrola is a multinational Spanish electric utility company headquartered in Bilbao, Spain. The company, founded in 1992, is primarily engaged in the generation, distribution, and sale of electricity and gas. Iberdrola is one of the largest energy companies in the world by market capitalization, with a focus on renewable energy sources such as wind and solar.

Iberdrola operates across several geographic markets, including Spain, the United Kingdom, the United States, Mexico, and Brazil. The company has four main business units: Networks, Renewables, Generation and Retail, and Corporate and Other Businesses. Its operations span from production and storage of energy to distribution and sale to residential, industrial, and commercial clients.

In recent years, Iberdrola has made substantial investments in renewable energy projects, making it one of the world's leading companies in clean energy. The company operates over 30,000 MW of renewable energy capacity, with a diversified portfolio of wind, hydroelectric, solar, and biomass power plants.

Iberdrola is listed on the Madrid Stock Exchange (IBEX 35) and trades under the ticker symbol 'IBE.' As one of the largest utility companies in the world, Iberdrola is a key player in the energy sector and is known for its strong commitment to sustainability and reducing carbon emissions.

Investors in Iberdrola can expect to gain exposure to the growing renewable energy sector and benefit from the company's robust infrastructure, diversified asset base, and commitment to long-term growth in the clean energy market.