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Iberdrola Celebrates 125th Anniversary With Major Art Exhibition At The Reopened Bilbao Fine Arts Museum

Iberdrola has opened the exhibition "Parallels and Meridians" at the Bilbao Fine Arts Museum to celebrate its 125th anniversary. The show features over one hundred works from the company's corporate art collection and coincides with the museum's reopening after a major expansion and refurbishment. The opening ceremony was led by Iberdrola Executive Chairman Ignacio Galán and Lehendakari Imanol Pradales, with attendance from regional officials including Ibone Bengoetxea, Amaia Arregi, Elixabete Etxanobe, Ana Otadui, and museum director Miguel Zugaza. The exhibition runs until 30 August.

Why We Need Corporate Art Collections

The article traces the history and significance of corporate art collections, beginning with Deutsche Bank's acquisition of 57 early drawings by Joseph Beuys in the late 1970s, which led to the formal launch of its collection in 1980. Today, the Deutsche Bank Collection comprises over 57,000 objects displayed in 500 locations across 40 countries, and the bank sponsors events like the Frieze Art Fair. The piece also highlights the role of American banker David Rockefeller, who inaugurated Chase Manhattan Bank's Art at Work program in 1959, and notes that corporate collecting has deep roots in Renaissance banking, with institutions like Banca Monte dei Paschi di Siena commissioning art for their offices.

Art on the Hill

A new gallery called the Capitol Crossing Gallery of Art has opened in Washington, D.C., within the Capitol Crossing development on Capitol Hill. The gallery features over 20 artists with local connections to the DMV area, including a large lobby commission by Katherine Tzu-Lann Mann. The space is curated by Alexandra Foxworth-Hill, senior property manager for Capitol Crossing Advisors, who selects abstract works that complement the building's modern, sustainable design.