Iberdrola, Europe’s largest electricity utility by market capitalization and one of the world’s top three electricity companies, is a leader in renewables, spearheading the energy transition to a low carbon economy. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe, the United States, Brazil, Mexico and Australia. The Company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others. The company has a workforce of over 40,600 and assets in excess of €154.6 billion. In 2022, Iberdrola posted revenues of nearly €54 billion and net profit of €4.34 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound ESG principles.

Iberdrola leads the development of green hydrogen with two real projects already built in Spain: the largest green hydrogen plant in Europe today, the 20 MW Puertollano plant for fertilisers industry and a 2.5 MW green hydrogen refuelling station for buses in Barcelona. Overall, the Company currently has over 60 projects under different phases of development to meet the demand for electrification and decarbonisation in hard-to-abate sectors. Iberdrola is addressing the technological challenge of producing and supplying green hydrogen and derivatives, such as green ammonia, e-methanol or green steel, from clean energy sources, powering the electrolytic process with 100% renewable electricity. Iberdrola has the ambition to reach 3 GW of electrolysers installed capacity worldwide by 2030.

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