Plaza Euskadi 5, 48009 Bilbao, Spain
Iberdrola S.A. is a Spanish electricity generation and distribution company based in Bilbao. It invests into onshore and offshore wind, solar, hydro and hydrogen projects and has a total installed renewable capacity of 38,138 MW. Iberdrola supplies energy to about 100 million people in many countries and has €140 billion in assets. Regionally, it is mainly focused on projects in the Americas and Europe.
The company was a pioneer in generating onshore wind, and now it is similarly a leader of the offshore wind market. In 2021, offshore wind became a focus for the company. Bilbao-based Iberdrola has 1,258 MW of offshore wind assets that are already operational and 5,500 MW of offshore wind assets that are under construction and will become operational until 2027.
Image Source: Unsplash, 13.09.2021