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Iberdrola moves to spread its influence in Europe

    • Joe Marsh
The company’s new Portuguese subsidiary, Iberdrola Portugal, plans to formally open its Lisbon offices early in the fourth quarter, a spokeswoman told Energy Risk today. The branch will operate in the electricity, natural gas renewable energy and services businesses.

What’s more, in the short term, Madrid-based Iberdrola aims to extend its energy trading activity in Europe to other countries, such as the UK or Italy.

Meanwhile, Iberdrola recently started trading on the French electricity

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