Iberdrola (IBE)

About Iberdrola (IBE)

Company Description:

Iberdrola, S.A. is a leading company in the global energy sector, primarily engaged in the production, distribution, and trading of electricity. It operates through the following segments: Networks, Liberalized, Renewables, and Other Businesses.

Iberdrola was founded in 1992, following the merger of Hidroeléctrica Española and Iberduero, and is currently headquartered in Bilbao, Spain.

Main Product(s):

The company's primary products include electrical power and natural gas, focusing on renewable energy sources like wind and solar power.

Short History of Iberdrola, S.A.:

1992: Iberdrola was formed by the merger of Hidroeléctrica Española and Iberduero.

Early 2000s: Began expansion into renewable energy, particularly wind power.

2010: Acquired Scottish Power, expanding its footprint in the UK.

2014: Launched the STAR project to improve network efficiency in Brazil.

2019: Announced a significant investment in renewable energy as part of its commitment to sustainable energy.

2021: Continued expansion in the renewable sector, focusing on solar and offshore wind energy projects.

Key Executives:

Name Title Pay Exercised Year Born
Mr. Jose Ignacio Sanchez Galan Executive Chairman 6.25M N/A 1950
Mr. Armando Martínez Martínez CEO & Director 250k N/A 1968
Mr. Jose Sainz Armada Director of Finance, Control & Resources and CFO N/A N/A 1959
Mr. Ignacio Cuenca Arambarri Director of Investor Relations and Communications N/A N/A 1961
Mr. Santiago Matias Martinez Garrido Director of Legal Services & Secretary N/A N/A 1968
Ms. Maria Dolores Herrera Pereda Director of Compliance N/A N/A N/A
Mr. Ramón Castresana Director of Human Resources N/A N/A N/A
Dr. Agustín Delgado Martin Chief Innovation & Sustainability Officer N/A N/A 1973
Mr. Carlos Sallé Alonso Senior Vice President of Policies and Climate Change - Iberdrola N/A N/A N/A
Ms. Ainara De Elejoste Echebarria Second Deputy Secretary of the Board and Head of the Corporate Documentation & Corporate Affairs N/A N/A 1978

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