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Iberdrola USA has named Jose Maria Torres vice president of finance and control. He will replace Dani Alcain, who has been named control director at ScottishPower, part of the Iberdrola Group.

In this role, Torres will manage all financial matters at Iberdrola USA's operating companies, Central Maine Power, NYSEG, and Rochester Gas and Electric, which deliver natural gas and electricity to nearly 2.4 million customers in the northeastern U.S.

Torres joined the Iberdrola Group in 1997 and since then, has served in a series of executive roles, including finance manager at Coelba in Brazil, control director at Neoenergia in Rio de Janeiro, and chief financial officer (CFO) for the Sagunto Regasification Plant in Valencia, Spain.

Most recently, Torres was CFO of Medgaz, an Iberdrola company responsible for the design, construction and operation of a deepwater natural-gas pipeline stretching from Algiers to Europe via Spain.



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