Iberdrola, S.A. (IBE1.BE)
Iberdrola, S.A. operates in the Diversified Utilities industry of the Utilities sector, headquartered in Bilbao, ES. The stock last traded at $18.43, up 0.52% on the session, giving a market capitalisation of $119.47B. Its beta of 0.65 implies it has historically moved less than the broad market.
Iberdrola SA functions as a major global energy group, with its core activities encompassing the generation, distribution, commercialization, and retailing of electricity. The company operates through four principal business segments. The Networks division is responsible for managing regulated electricity transmission and distribution systems in Spain, the United Kingdom, the United States, and Brazil. Its Liberalized segment engages in the wholesale and retail trading of electricity across Spain, Portugal, the United Kingdom, Mexico, and Continental Europe. Globally, the Renewables segment is dedicated to producing electricity solely from sustainable energy sources. Lastly, the Other Businesses category includes gas supply and storage operations until the point of sale, in addition to various non-energy related undertakings. Established in 1901 by Juan de Urrutia, the company maintains its headquarters in Bilbao, Spain.
Iberdrola, S.A. is most often compared with the following Utilities names: