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2021-11-22 00:00:00.0

Iberdrola hosts the captains of European industry

Iberdrola chairman Ignacio Galán and Government Vice President Nadia Calviño talk during the ERT meeting.

The chairman of Iberdrola, Ignacio Galán, welcomed the vice president of the government, Nadia Calviño, as the main representative of the Spanish government to a dinner held with the CEOs of 60 of Europe's leading industries — members of the European Round Table for Industry (ERT) — which met this week in Bilbao.

The plenary session of the ERT was attended by HR King Felipe VI and sought to join forces to address the great challenges of competitiveness facing the European industrial sector.
The productive conversations between Basque institutions, the Spanish government and the European executives will give impetus to their efforts to drive the economic recovery.
Galán has made Bilbao the industrial capital of the world, opening the doors to investment in the territory. In this regard, Spain and Iberdrola acted as hosts and positioned Spain as the centre of industry.

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About Iberdrola

Iberdrola is a leading global energy supplier -the third-largest by market capitalisation in the world and the leader in renewables- championing the energy transition towards a low-emissions economy. The group supplies energy to around 100 million people in dozens of countries and has renewable, grid and retail activities in Europe (Spain, the UK, Portugal, France, Germany, Italy and Greece), the US, Brazil, Mexico and Australia, while counting markets including Japan, Ireland, Sweden and Poland among its growth platforms.

With a workforce of more than 37,000 and assets of over €122.5 billion, it recorded turnover in excess of €33 billion and net profit slightly exceeding €3.6 billion in 2020. The company contributes to the maintenance of 400,000 jobs in its supply chain, with an annual procurement budget of €14 billion. A leader in the fight against climate change, Iberdrola has committed more than €120bn over the last two decades to building a sustainable energy model based on sound environmental, social and governance (ESG) principles.