General presentation of Iberdrola
The Iberdrola Group, which currently employs 27,169 people worldwide, is currently one of the leaders in energy production and distribution in Spain. In fact, it is the second largest electricity generation group in Spain and the first in the country in terms of market capitalisation, as well as being one of the world leaders in the production of wind energy. Its business is divided between different sectors, mainly the production and distribution of electricity and gas, but also the engineering and construction of power plants and real estate activities. Its assets in Spain include five nuclear power plants, four hydroelectric power plants and nine thermal power plants.
In Spain, as well as in the Spanish-speaking world and other countries, Iberdrola is best known for its two main activities: the supply of energy, such as gas and electricity, to individuals, and its large-scale energy activities, which include wind power, among others.
In order to understand the extent of the company's presence on the international scene, it is important to know that Iberdrola has companies around the world through which it carries out its activities. In Spain, its three subsidiaries are divided between the production, distribution and renewable energy sectors. In the United Kingdom, it operates with ScottishPower, the country's fourth-largest energy provider, while in the United States it has been operating with its subsidiary Avangrid Inc since 2015. In fact, in this country, it carries out 10% of its business.
Mexico is also a very relevant country for Iberdrola, along with other Spanish companies such as Siemens Gamesa or Telefónica, since it owns five wind farms there and manages its activities through two companies.
Iberdrola's share price is currently quoted on the Spanish Mercado Continuo market and is included in the calculation of the Ibex 35 stock market index.
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