Xabier Viteri Solaun

Iberdrola SA is a holding company, which engages in the generation, distribution, trading, and marketing of electricity. It operates through the following businesses: Networks, Liberalized, Renewables and Other Businesses. The Networks business engages in the transmission and distribution of energy businesses, as well as those of any other regulated nature, originating in Spain, the United Kingdom, the United States and Brazil. The Liberalized business includes wholesale and retail of electricity in Spain, Portugal, the United Kingdom, Mexico and Continental Europe. The Renewables business involves the generation of electricity from renewable energy sources worldwide. The Other Businesses segment consists of group's supply and gas storage up to the moment of sale and other non-energy businesses. The company was founded by Juan de Urrutia in 1901 and is headquartered in Bilbao, Spain.

THE WORLD LEADER IN WIND POWER. ONE OF THE TOP ELECTRIC UTILITIES IN THE WORLD. SPAIN'S NUMBER ONE ENERGY GROUP IBERDROLA has undergone a wide-ranging transformation over the last ten years which has enabled it to advance through the ranks to become the number one Spanish energy group, one of the Spanish main companies on the Ibex 35 by market capitalisation, the world leader in wind energy, and one of the world's top power companies. We have achieved this position by means of a long-term industrial project which is sound, profitable and creates value, rooted in a strategy of sustainable growth, and by working every day to offer more respectful energy sources. After more than 150 years moving forward, the Company has now laid the firm foundations for its future growth. At IBERDROLA we are proud of ourselves and of the future we are building. We have done a good job. And we will continue to do a great job to meet the new challenges facing us.

IBERDROLA is an active manager which provides equity financing for seed and early stage capital requirements. It targets companies operating in the energy and renewable energy sectors. It invests in companies across the globe, and looks to take minority stake positions in its investments.