ACS
Actividades de Construcción y Servicios

It is the second most important electricity company on the Iberian Peninsula, with installed power of 26,987 MW. It also has over 10 million clients enabling it to distribute 102,478 MW. 

• It has a significant international presence, with an installed power of 15,529 MW. Worthy of note are its presence in the United Kingdom through the recent integration of Scottish Power; in Latin America where it has significant investments in Brazil and Mexico; and in the United States as one of the main renewable energy operators. 
• It is the world leader in development and management of renewable energies through its subsidiary, Iberdrola Renovables, which was quoted on the stock market as of 13 December last. This has an installed capacity of 7,704 MW and generated over 13,309 GWh in 2007.
  

Iberdrola recorded sales of €17,468 million in 2007, with net profits of €2,354 million, up 41.8% on 2006.

The ACS Group is the company’s main shareholder with 7.2% of the electricity shares and an additional 5.2% through derivatives. Iberdrola contributes to the Group's profit through its dividends, which are accounted as financial profit. Its contribution in 2007 amounted to €88 million.

 
More at: http://www.iberdrola.es/