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Iberdrola takes pole position in global wind power ownership

9 April 2008 - Spanish utility Iberdrola has overtaken FPL Energy to become the global leader in wind power plant ownership in 2007 with over 6.9 GW under net ownership, according to Emerging Energy Research, a research and advisory company.

EER's recently released global wind power rankings show that Iberdrola added over 1.55 GW of new wind construction in 2007 - primarily driven by large-scale activations in Spain and the USA - and over 1.45 GW through the acquisition of ScottishPower's operating wind assets in the United States, the UK, and Ireland.

Surpassing 5 GW of cumulative wind ownership in 2007, FPL Energy continued to outpace its competitors in North America and took second place in EER's global rankings.

Competition for third place remains fierce, with Acciona and EDP tied at approximately 2.8 GW each before Acciona's stake in Spanish utility Endesa is considered.

The top 20 global wind plant owners ended 2007 owning over 32.8 GW of net wind capacity combined, or approximately 35% of the total global installed wind plant, according to EER.




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