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Our History

A MULTINATIONAL FOUNDED OVER 150 YEARS AGO

A large company whose commitment to social development is reflected in the documentary directed by Julio Medem, Iberdrola in the days of the Waltz, and in the new campaign We are with you, which reveals the ongoing work that will enable us to continue making history together.

Since the incorporation of HIDROELÉCTRICA IBÉRICA in 1901 —integrated since 1944 into IBERDUERO—, and later of HIDROELÉCTRICA ESPAÑOLA in 1907, up to their merger in 1991, creating today's IBERDROLA, both companies shared a history of accomplishments, recognition and innovation. With the integration of ScottishPower and IBERDROLA USA (before Energy East), and the consequent creation of a large global group, this past has been enriched: IBERDROLA’S roots now sink into the 21st century, to the other side of the Atlantic. In pursuit of its aims, IBERDROLA has embarked on a fresh phase of growth in 2011, mainly in the international sphere, and has signalled its intentions with the purchase of the Brazilian company Elektro.

International expansion has increased in 2012 developing numerous projects on distribution, renewable energy and R&D, and reaching new areas like the Middle East, when highlights the initiative to install smart grid in Qatar.

This pioneering effort was the inspiration that has turned IBERDROLA into one the four largest electricity companies in the world and the top energy group in our country.

The combination of endeavour, talent, experience and competitiveness from this integration has resulted in a group active in nearly 40 countries with 30,764 employees(*) and over to 30 million customers. With numerous challenges on the horizon and a large project pipeline, IBERDROLA is set to continue making history.

| IBERDROLA: A HISTORY WITH DEEP ROOTS. Navigable version |

| IBERDROLA: A HISTORY WITH DEEP ROOTS. Accesible version [PDF] |

(*) Information at 31 March 2013 taken from Quarterly Report First Quarter 2013 Results [PDF].

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