Spain Blackout Blame Game Heats Up as Iberdrola Points to Grid
26 Articles
26 Articles
The Shareholders of Iberdrola Approve the New Dividend Distribution and Support the Management of Galán
Green light to the 26 proposals that Iberdrola has made available to its shareholders at the General Shareholders' Meeting held this Friday in Bilbao. With overwhelming majority, the shareholders support 99.4% of the management led by Ignacio Sánchez Galán during the year of all records, where the electricity has reached a record profit of 5,612 million in the last year after investing 17 billion euros in the last period.During his intervention,…
Galán (Iberdrola), Blunt on the Blackout: «Electric Network Is Responsible for Keeping the Lights On»
The General Shareholders' Meeting of Iberdrola , like that of any energy company after the blackout of April 28, is particularly detailed. On this occasion, the president of Iberdrola , Ignacio Sánchez Galán , recalled how important the networks are and, above all, that they are reliable.It is an essential question for the company for two reasons.The first, because at the moment he has a public dispute with the system operator about where the pr…
Iberdrola and Red Electric Are Pointing to Each Other by the Big Blackout
The waters had been going down for days. Aelec, the electrical employer who led Iberdrola and Endesa, had already published a couple of hard communiqués about the way in which the investigations are being carried out for the biggest blackout in the history of Spain, which melted the Iberian Peninsula to black on April 28th. In the second one, particularly critical, with half a dozen direct references to Spanish Electric Network (REE). The episod…
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