Katya Somohano Silva Takes Helm as CEO ofIberdrola Mexico

Katya Somohano Silva has been appointed as the new CEO of Iberdrola Mexico, taking the reins of the company's ambitious growth plans in the clean energy sector. Under Silva's leadership, Iberdrola Mexico will focus on investment, job creation, and providing exceptional service to the Mexican population.

Why this matters: The transition to clean energy is crucial for mitigating climate change, and Iberdrola Mexico's growth plans have the potential to significantly reduce the country'scarbon footprint. As a leading energy company, Iberdrola Mexico's commitment to clean energy can set a precedent for other companies to follow, driving a broader shift towards a more sustainable energy future.

Iberdrola, S.A., the parent company of Iberdrola Mexico, is a multinational energy giant engaged in the generation, transmission, distribution, and supply of electricity across several countries. With a total installed capacity of 62,871 MW, Iberdrola harnesses power from various renewable sources, including onshore and offshore wind, hydro, photovoltaic, and combined cycle gas.

Founded in 1840 and headquartered in Bilbao, Spain, Iberdrola boasts a market capitalization of 78.15 billion euros and an enterprise value of 123.66 billion euros. The company's trailing total returns as of May 3, 2024, which include dividends and other distributions, are benchmarked against the IBEX 35 index.

Silva's appointment comes at a pivotal time for Iberdrola Mexico, as the company seeks to capitalize on the growing demand for clean energy solutions in the country. With her extensive experience in the energy sector and a proven track record of driving sustainable growth, Silva is well-positioned to lead Iberdrola Mexico into anew eraof success.

Under Silva's stewardship, Iberdrola Mexico is poised to make significant investments in clean energy projects, creating new jobs and stimulating economic growth in the process. The company's commitment to providing reliable, affordable, and sustainable energy to the Mexican people remains unwavering, as it strives to meet the nation'sevolving energy needs.

As Katya Somohano Silva assumes her new role as CEO of Iberdrola Mexico, the company is well-positioned to leverage its extensive resources, expertise, and global presence to drive the transition to a cleaner, more sustainable energy future in Mexico. With a focus on investment, job creation, and exceptional service, Iberdrola Mexico is set to play a vital role in shaping the country's energy landscape for years to come.

Key Takeaways

• Katya Somohano Silva appointed as new CEO of Iberdrola Mexico.
• Iberdrola Mexico to focus on clean energy, job creation, and exceptional service.
• Company's growth plans to significantly reduce Mexico's carbon footprint.
• Iberdrola Mexico to invest in clean energy projects, creating new jobs.
• Silva's leadership to drive transition to sustainable energy future in Mexico.