PROFILE |
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Spain's #2 electric utility (behind Endesa), Iberdrola owns hydroelectric, fossil fuel, and nuclear power facilities capable of generating more than 16,000 MW, and it serves more than 8.5 million customers. In the face of electric industry deregulation, the company is branching into new businesses: Iberdrola Diversificación manages cogeneration, real estate, telecommunications, and multimedia holdings; Iberdrola Ingeniería y Consultoría handles energy engineering and consulting; and Iberdrola Sistemas provides consulting services for computer and communications systems. The company's Iberdrola Energía is expanding into Latin America. Plans for Iberdrola to be acquired by Endesa have been dropped.
COMPETITION |
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Endesa S.A. (ELE)
Hidroeléctrica Del Cantábrico, S.A. (CAN)
Unión Eléctrica Fenosa, S.A. (UNF)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 6,636.50
1-Yr. Sales Growth: 3.4%
Employees: 12,818
Revenue per employee: $517,748.48
KEY PEOPLE |
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Ignacio Sanchez Galán
CEO
Fernando Bécker Zuazua
CFO
CONTACT INFO |
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Cardenal Gardoqui 8
48008 Bilbao, Spain
Phone: 34-944-15-14-11
Fax: 34-944-15-45-79
Online: Web Site
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