Iberdrolas

Iberdrola is a Spanish multinational utility company, headquartered in Bilbao, Spain. The company's name is derived from the Basque words "Iber" meaning "near" or "close to", referring to the Iberian Peninsula, and "Droga" meaning "path" or "way", signifying the company's mission to provide energy to its customers.

Iberdrola was founded in 1901 by the merger of five local electricity companies in the Basque Country. The company has since grown to become one of the world's leading energy utilities, with operations in over 30 countries globally. Iberdrola offers a range of services, including the generation, transmission, distribution, and sale of electricity, as well as the supply of gas and other energy-related products.

The company's main areas of business include the generation of electricity from renewable sources such as wind, solar, and hydro power, as well as traditional fossil fuels. Iberdrola also has a significant presence in the energy retail market, with millions of customers in Europe and Latin America.

Iberdrola is listed on the Spanish stock exchange (IBD) and has been recognized for its commitment to sustainability and environmental responsibility. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy. Iberdrola has also been recognized for its innovation and commitment to technology, with investments in areas such as smart grids and energy storage.

Throughout its history, Iberdrola has played a significant role in the development of the energy sector, both in its native Spain and globally. The company remains a leading player in the industry, with a strong commitment to delivering energy-efficient solutions to its customers.