Iberdrola

Iberdrola is a Spanish private multinational electric utility company based in Bilbao, Basque Country. Subsidiaries include Scottish Power (Scotland), Iberdrola USA (United States), and Elektro (Brazil), amongst others. The company's business is structured into four segments:

• Network Business, including all the energy transmission and distribution activities, and any other regulated activity originating in Spain, the UK, the USA, and Brazil;
• Deregulated Business, including electricity generation and sales businesses as well as gas trading and storage businesses carried on by the Group in Spain, Portugal, the UK, and North America;
• Renewable activities relating to renewable energies in Spain, the UK, the USA and the rest of the world; and
• Other Businesses, comprising the engineering and construction businesses and the non-power businesses; and Corporation which includes the costs of the Group's structure (Single Corporation), of the administration services of the corporate areas that are subsequently invoiced to the other companies through either specific service.