IBERDROLA RENOVABLES is a company that engages in the development, construction and operation of power plants that use renewable energy sources, as well as the sale of the electric energy that they produce. The company's business activity is currently centred on wind energy and on small-hydroelectric power stations, as well as thermal solar energy. In addition, it has started to develop other technologies such as the energy coming from biomass and from tides.

From an initial renewables capacity of little more than 1,000 MW in 2001, IBERDROLA RENOVABLES became a pioneering force in the industry, making renewables the focus of its business strategy. The Company reached a total installed capacity of more than 11,400 MW at the first half of 2010, consolidating as one of the global benchmarks in wind energy production(1)(1) See explanation and renewables in general with over 11,000 MW corresponding to wind farms.

Furthermore, the Company’s worldwide output totalled 12,858 million kWh in the first half of 2010, up 21.5% on the same period in 2009.

The Company recorded a production capacity of 12.858 million kilowatts per hour (KWh) in the first half of 2010, 21.5% over the same period last year.

In addition, IBERDROLA RENOVABLES has a portfolio is broad, diverse and high quality, which adds a total of over 61,578 MW(2)(2) See explanation , which enable the growth of the company.