Ignacio Galán, the engineer who transformed Iberdrola into the ‘major new utility'

To mark the presentation of Iberdrola’s results for the first three quarters of the year, the Financial Times has published a profile of the group chairman, Ignacio Galán, which analyses how he has succeeded in growing the company from a second-tier Spanish conglomerate into the world’s third largest utility.

In the piece, Galán speaks with pride of having been “pioneers in the energy revolution for 2 years”. “When nobody believed that electricity could be produced with clean sources, and the world thought that coal would be around for centuries... And that oil and gas were absolutely essential, we were the only ones to say that we could generate and produce energy from clean sources, he says.