IBERDROLA RENEWABLES, Inc. · Portland, OR United States
Company Description
View IBERDROLA RENEWABLES, Inc. Locations On A US Map
This link will open in a new window
This link will open in a new window IBERDROLA RENEWABLES (formerly PPM Energy) is a real power player in the energy industry. Part of IBERDROLA RENOVABLES global network, IBERDROLA RENEWABLES develops cogeneration power plants and wind farms; it has generating capacity of more than 3,100 MW in operation and more than 23,000 under construction or in the product pipeline, primarily in the Midwest and western US. IBERDROLA RENEWABLES also markets wholesale energy and offers risk and asset management services. The company's customers include public and private utilities, industrial companies, and other energy marketers. It holds the nonregulated North American operations of Scottish Power (acquired by IBERDROLA in 2007). To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key IBERDROLA RENEWABLES, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | March |
| Employees | 220 |
IBERDROLA RENEWABLES, Inc. Executives
26 executives listed for IBERDROLA RENEWABLES, Inc.'s Portland, OR location.
| Title | Name & Bio | Contact |
| President and CEO | Terry Hudgens | Network |
| CFO | Pablo Canales | Network |
| VP Mid-Office and Information Technology | Patrick Haye | Network |
Competition
Competitive Landscape for IBERDROLA RENEWABLES, Inc.
Demand for electricity is driven by industrial and commercial activity and by population growth. The profitability of individual companies depends on the efficiency of their operations. Large companies have economies of scale in purchasing power; small companies can compete effectively by specializing in geographic regions. The industry is capital-intensive: average annual revenue per worker is about $2 million. The traditional electricity industry consisted of investor-owned utilities, municipal utilities, cooperatives, and government entities that owned the generation, transmission, and retail distribution facilities within a limited area and served all customers within that area as tightly regulated "natural monopolies." Though "natural monopolies" still exist, the electric energy industry in the US underwent a restructuring driven by changes in federal and state laws in the 1990s. In restructured, or deregulated, markets, generation, transmission, and distribution operations are carried out by separate companies, and the owners of local distribution lines make their lines available to competitors. The intended purpose of moving toward a less regulated electricity market was to decrease the cost of electricity by fostering competition among producers. One practical effect was the divestment of generation facilities by many investor-owned utilities. Despite the popularity of restructuring activities initially, as of mid-2009 only 14 states had deregulated their electricity industries. Several other states, including California, launched restructuring initiatives before suspending them, in part because of concerns that restructuring caused electricity rates to rise. Many local electricity distributors are still owned by utility holding companies that also own power generation facilities, wholesale transmission lines, and wholesale power trading companies. To read the full description, subscribe now.Top IBERDROLA RENEWABLES, Inc. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!