A Green Giant Among Utilities?

Spanish utility Iberdrola bulks up with a $22 billion bid for Scottish Power and sees its future fortunes in renewable energy sources

It's no coincidence the Web site of Spanish electric utility Iberdrola is awash with the color green. From wind farms across the Iberian Peninsula to consulting on an ambitious wind-farm project in northern China to a tidal marine project off Spain's north coast, Iberdrola is betting on renewable energy to power its own future.

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