Pedro Azagra Blázquez

Built World

As of May 2026: Appointed CEO of Iberdrola Group in 2025

New England has paid some of the highest electricity prices in the country for decades, hostage to constrained natural gas pipelines that spike costs every winter. On January 16, 2026, a $1.6 billion transmission line began delivering 1,200 megawatts of Canadian hydropower to the region—enough to meet 20% of Massachusetts' electricity needs and save ratepayers an estimated $50 million annually.

Updated May 26