Qatar Investment Authority, BTU Power Company's most "notable and perhaps largest" investor decides to pump almost $3 billion USD into somebody else's reality of a "TRUE" GLOBAL power company: IBERDROLA

"QATAR HOLDING TO BECOME STRATEGIC PARTNER OF IBERDROLA AND ONE OF ITS MAJOR SHAREHOLDERS"

Qatar Holding LLC will make additional investments in energy projects with Iberdrola SA (IBE)

"Iberdrola this week secured a 2 billion-euro ($2.8 billion) investment from Qatar’s state-owned investment company..."

"Qatar Holding's owner. The Qatar Investment Authority already controls an estimated $100 billion of assets globally..."

IBERDROLA also intends to establish its regional Headquarters as well as research and development operations in the State of Qatar.

IBERDROLA records €2.87 billion net profit in 2010, highest in its history

• "IBERDROLA continued to diversify its generating assets during the year, with installed capacity standing at 44,991 MW."
• "This has led to the Group achieving a presence in 40 countries..."
• "It has also seen IBERDROLA become Spain’s leading energy group, as well as world leader in wind and one of the largest global utilities by market cap."

 IBERDROLA projects €16 billion investments between 2010-12 [Note: about 23 billion USD]

• €5.6 billion will be invested in networks, not including the 
• €2.4 billion for the acquisition of Brazilian distribution company Elektro, 
• €5.3 billion in renewables, 
• €2.2 billion in generation and retail and 
• €300 million for other activities.

Almazeedi's various paper companies (they still haven't told anyone, and we still can't find where any of their operating assets are located) such as BTU Industries, QGEN, FATE Consortium, etc. claim to be "THE" Industry Leaders in whatever field they are supposed to exist.

Nevertheless, Al-Mazeedi's most notable "investor" has chosen to keep investing in the electric power industry (renewables, conventional, etc.)... just not with Al-Mazeedi.  Why would QIA decide to entrust their billions to someone else other than the self-proclaimed industry leader?

Qatar Investment Authority has undoubtedly "learned a lot" since they first put their trust in Al-Mazeedi's business initiatives back in 2003.

Note: Iberdrola owns assets in the USA, including Massachusetts.... QIA will be in Al-Mazeedi's back yard. Maybe they'll visit Waltham and pay a visit to what must surely be their (1st or 2nd?) most important investment in the electric power/energy industry?