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ScottishPower boss hopes to double UK energy investment by 2030

ScottishPower’s boss has said he hopes to double the firm’s investments in UK energy projects to as much as £24 billion if Labour’s policy changes pay off. Chief executive Keith Anderson said ScottishPower has a spending programme of £12 billion in ...

29 Jul 2024 at 11:41

ScottishPower owner buys north-west England’s power network for £2.1bn

ScottishPower is to add a large chunk of north-west England’s power grid to its network, after its parent company bought it for £2.1 billion. Spanish giant Iberdrola, which owns ScottishPower, said on Friday it has agreed to buy 88% of Electricity ...

02 Aug 2024 at 16:40

ScottishPower aims £12bn more at UK clean energy after Labour solar farms row

ScottishPower is to invest £12 billion extra in UK clean energy projects, citing the Government’s move to push through a clutch of divisive solar projects earlier this year as a key motivator. Chief executive Keith Anderson, who will meet Sir ...

11 Oct 2024 at 10:34

Scotland

Swinney: ScottishPower is ‘shining example’ of how transition can help economy

Energy firm ScottishPower is “setting a shining example” John Swinney said as he opened new offices that are part of a £10 billion investment in Scotland. The new base in Edinburgh Park is intended to house staff from subsidiary firm SP ...

06 Oct 2025 at 13:31

UK to get biggest proportion of investment in ScottishPower owner’s £51bn plan

The UK will be the top investment destination for ScottishPower’s Spanish owner’s 58 billion euro (£50.6 billion) spending plan that will focus on electricity grids, in a move set to create thousands of jobs. The company said the UK ...

25 Sept 2025 at 09:37

City

Competition watchdog probes ScottishPower owner’s £2.1bn network deal

A probe into ScottishPower owner’s £2.1 billion deal to buy North West Electricity Networks has been launched by Britain’s competition watchdog. The Competition and Markets Authority (CMA) said it is investigating whether the deal ...

30 Jan 2025 at 09:21

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