Iberdrola, S.A. is a Spanish multinational electric utility company based in Bilbao, Spain. It has around 40,000 employees and serves around 30 million customers. Subsidiaries include ScottishPower and a significant part of Avangrid, amongst others. As of 2023, the largest shareholder of the company is the Qatar Investment Authority, with BlackRock and Norges Bank also holding significant interests. Iberdrola is the largest producer of wind power, and the world's second electricity utility by market capitalisation. As of 2023, the company operates a capacity of 62,045 MW, of which 41,246 MW are from renewable sources worldwide. Wikipedia