Iberdrola, S.A. Overview
Pro stress-test →Iberdrola engages in the generation, production, transmission, distribution, and supply of electricity across Spain, UK, US, Mexico, Brazil, Germany, France, and Australia, generating electricity from renewable sources such as wind, photovoltaic, hydro, nuclear, and batteries. The company is one of the largest utilities in the world with electric utility operations in nearly 40 countries.
Strategic Profile
Pro stress-test →The company's strategic pivot toward regulated assets is paying off, with Networks EBITDA surging 26% and the company executing on its strategy to become the world's largest electricity network operator. Iberdrola's shift toward networks, accounting for 43% of total EBITDA, is structurally improving its margin profile by reducing exposure to volatile wholesale energy prices.
Competitive Landscape
Pro stress-test →Iberdrola is the second-biggest integrated utility in Europe after Enel. The company competes with major European utilities including Enel, Engie, RWE, and Endesa. Its early entry into onshore wind enabled the group to become the world's largest operator/owner of wind farms.
Industry Context
Iberdrola, S.A. operates in Utilities - Diversified.
Key facts
Founded: 1840 · Headquarters: Bilbao, Spain · Employees: 41,000 · Revenue: $45.5B · Market cap: $126B-€122B