CAPS Rating: 2 out of 5


Player Avatar KatWoman50 (< 20) Submitted: 6/13/2007 12:16:33 PM : Outperform Start Price: $52.66 IBDRY Score: -92.49

Spanish power company merger with ScottishPower (SPI) resulting in one of the world's largest power companies. Large use of wind pwer.66.4B market cap, net profit up 13% first quarter 2007.From the company's website: "The integration of Iberdrola and ScottishPower has created one of the largest energy companies in the world, with a total enterprise value of some €70 billion.Iberdrola and ScottishPower have a combined installed capacity of around 39,000 MW, are world leaders in renewables (16,500 MW) and reach almost 22 million consumers in Europe and the Americas."

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