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At Iberdrola we are committed to local energy sources and purchases from local suppliers. In addition, the group is a pioneer in sustainable event management and promotes the implementation of electric vehicles through its Sustainable Mobility Plan.

Green bonds are specifically destined for the funding or refunding of green projects, i.e. projects that are sustainable and socially responsible in areas as diverse as renewable energy, energy efficiency, clean transportation or responsible waste management. Iberdrola has consolidated its status as the biggest group issuer of green bonds in the world; and at the start of 2021 it issued the biggest hybrid green bond in history, worth €2 billion.

Hydroelectric energy is generated by converting kinetic energy from water into electrical energy. To harness this power, enormous hydroelectric infrastructures are built to extract maximum power from this renewable emission-free, local resource. Learn all about it.

Galán, a regular at the Forum's annual meeting, said

A PPA (Power Purchase Agreement) is a long-term agreement between a renewable developer and a consumer for the purchase of energy. The Iberdrola group has extensive experience in this sector and has entered into contracts of this type in countries including the United States, United Kingdom, Spain, Mexico and Australia, and it now has agreements with companies such as Amazon, Apple, Facebook and Nike, among others.

Looking ahead to our upcoming 2019 General Shareholders' Meeting on 29 March, the Vocento group — one of Spain's leading multimedia communication firms — interviewed the chairman of Iberdrola to discuss some major current issues for the company and for the energy sector overall.