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2021-10-20 00:00:00.0

The British monarch greets Ignacio Galán in Windsor together with other economic leaders during the Global Investment Summit

Ignacio Galán United Kingdom economy events

La Reina Isabel II junto a Ignacio Galán durante la recepción oficial celebrada en Windsor.

The chairman of Iberdrola, Ignacio Galán, was received at Windsor Castle by Queen Elizabeth at a reception together with the main economic leaders who took part in the Global Investment Summit held in London two weeks prior to COP26.

During the international forum Galán announced the investment of around 7.2 billion euros in the East Anglia Hub offshore wind farm, which forms part of the record breaking investment of 12 billion euros that Iberdrola plans to make in the United Kingdom to 2025.

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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.