IBERDROLA has undergone a deep transformation since the start of the century that has enabled it to grow to become the leading Spanish energy group, the fifth largest Spanish company on the Ibex 35 stock index by market capitalization, world leader in wind and one of the biggest electricity in Europe.
This has been made possible by a strategic vision that anticipated emerging energy trends and involved investments of around €77.3 billion between 2001 and 2012. The achievements have been made in two stages:
Thanks to this international diversification, IBERDROLA today combines a talent pool that brings together different cultures, languages and traditions, which faces the future as a single and great team.
Now, IBERDROLA works on consolidating the international presence attained in recent years, mainly in the United Kingdom, the United States, Brazil and Mexico.
Moreover, the Company is focused on laying the foundations for future growth, based on the development of energy networks and renewables worldwide.
The objective is to continue maximising the Group's potential, securing benefits for shareholders, customers, employees, suppliers and society at large.
IBERDROLA will invest a gross €12.3 billion (€10.5 billion net) in the 2012-2014 period to consolidate its international expansion. By business areas, the investment will be distributed as follows:
IBERDROLA will focus this new phase in the UK, which accounts for 42% of total investments, followed by Latin America, mainly Brazil which will receive nearly 23%, Spain with 19% and the with U.S 16%.
IBERDROLA will thus concentrate on the Atlantic area, tailoring its investments to economic and regulatory conditions in each country:
Today, the main projects of the Group by geographical areas include:
For more information look up 2012-2014 Outlook section, Outlook 2012-2014 Presentations and Press Release, videos and audios published on the occasion of the Outlook event celebration on October 24 2012.