Scottish Power will become the first major UK energy company to generate all its electricity from wind power instead of coal and gas, after selling its final gas and hydro stations to Drax.
Power company Drax has paid £702m for the rest of Scottish Power’s conventional generation business.
Scottish Power plans to invest £5.2bn over four years to more than double its renewables capacity.
Chief executive Keith Anderson said it was a “pivotal shift” for the firm.
“We are leaving carbon generation behind for a renewable future powered by cheaper green energy. We have closed coal, sold gas and built enough wind to power 1.2 million homes,” he said.Scottish Power has closed all of its coal plants in the past decade and has 2,700 megawatts (MW) of wind power capacity operating or under construction in the UK.
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