Business Chief Magazine Top100 Leaders 2026 | Page 61

TOP 100 | LEADERS

29

Pedro Azagra

Title: Chief Executive Officer Company: Iberdrola Industry: Utilities / Energy
The dealmaker finally got the keys. Pedro Azagra spent two decades as Iberdrola’ s chief architect of acquisitions, assembling a transatlantic empire from the passenger seat, before stepping up to run the utility whose bets he structured. His mandate pours capital into electricity networks in Britain and the United States, the unglamorous wires on which the electrification era depends. A Chicago Boothtrained financier, he brings a spreadsheet where his chairman brought a crusade. The grid is the transition’ s scarcest asset. Iberdrola owns more of it than almost anyone.
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