Iberdrola is USA's second largest wind-energy supplier
Sunday, November 1, 2015 @ 9:26 PM
SPAIN'S national electricity board Iberdrola has become the second-largest producer of wind energy in the USA behind Nextera, Inc., with over 10% of the country's production to its name – nearly 6,000 megaWatts (mW), according to the company's latest figures.
Iberdrola generates over 50% of its worldwide wind power in the USA, eight years after entering the north American market with its purchase of Energy East and later acquisition of UIL, when it first floated its shares on the US stock market in Wall Street.
Corporate giants such as Facebook, Google and Walmart are increasing their demand more and more for 'green' energy, and wind farms in the US create enough power to supply 16.7 million homes.
Iberdrola is present in at least 20 states, and its greatest presence is in Texas – traditionally the country's largest oil-producer where petrol and other fossil fuels are dirt-cheap, attempting to enter the energy market would seem akin to selling coals to Newcastle, but Iberdrola has helped in turning the southern border state into the country's greatest wind-energy production base in less than 20 years.
The Peñascal complex is home to 269 Iberdrola-owned wind turbines and sits on part of a ranch owned by the John G. Kennedy Charitable Trust, 200 kilometres from Corpus Christi on the Mexican border.
Read more at thinkSPAIN.com