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Spanish CEO: Economy Will Emerge Healthier After Crisis

Spain will emerge from the current crisis with a much healthier economy, Spanish power giant Iberdrola's CEO, Jose Ignacio Sanchez Galan, said here Thursday during an event at Harvard University. continue reading »

Bolivian Government Takes Over 4 Spanish-owned Firms

President Evo Morales announced Saturday the nationalization of four Bolivian units of Spanish utility Iberdrola, including the main electricity distributors in La Paz and Oruro provinces. continue reading »

Spain’s Iberdrola Plans to Send 23 Percent of Investments to LatAm

More than one-fifth of the 10.5 billion euros ($13.5 billion) that Spanish electric utility Iberdrola plans to invest between 2012 and 2014 will be allocated to Latin America. Of that total, down 37 percent from the 2009-2011 period, 42 percent of the outlays will be made in Britain and 23 percent in Latin America, Iberdrola said in its latest Strategic Plan submitted to the CNMV stock market regulator. continue reading »