LIFETIME OF ACHIEVEMENT
Catapulting Iberdrola to new heights has come as a result of Ignacio ’ s laser-focus on and commitment to international expansion and electrification . This is one of the instigators behind Iberdrola ’ s investment of more than € 140bn ( US $ 151.7bn ) in renewable energies , smart grids and energy storage .
A new era for Iberdrola Ignacio ’ s leadership has ushered in a new era for Iberdrola , which historically has built its reputation as a domestic company with coal , hydroelectric and oilfired plants . But , thanks to its Executive Chairman , it is now among the leaders in clean energy and an owner of electricity grids with operations in Brazil , Mexico , the UK and the US . Its operations provide energy for more than 100 million people , with the company striving to continue to do this in the most environmentallyconscious way possible .
In pursuit of this , this year Iberdrola announced it will invest € 41bn ( US $ 44.4bn ) and hire 10,000 people by 2026 to accelerate its electrification efforts .
“ The electrification of energy is unstoppable and will expand exponentially in the years ahead , supporting decarbonisation , boosting energy security and reducing the volatility caused by fossil fuels ,” Ignacio declares . “ Our strategic pillars focus on networks , geographical diversification and a balanced energy and customers mix . This plan will allow us to grow our asset base , grow our profitability
26 June 2024