SCOTTISHPOWER’S owner is to plough
£4.3 billion in Scotland to invest in renewables and networks that connect wind farms with energy users.
The investment is included in a record €10bn that Spanish-owned Iberdrola plans to spend in the UK by the end of 2026. Iberdrola reckons Scottishpower can play a key role in the drive to reduce emissions in the country.
The Glasgow-based company expects to create significant numbers of jobs in support of the drive.
The company said its chairman has met with both Chancellor Jeremy Hunt and shadow chancellor Rachel Reeves to outline their plans.
SCOTTISHPOWER owner Iberdrola has announced plans to invest more than €5 billion
(£4.3bn) in Scotland by the end of 2026 in support of the “unstoppable” drive to electrify homes and industries.
The programme will see Scottishpower invest heavily in renewable energy assets and the networks that connect wind farms and the like with energy users.
The Glasgow-based company expects to create significant numbers of jobs in Scotland in support of the investment drive.
The investment is included in a record €10bn that Spanish-owned Iberdrola plans to spend in the UK by the end of 2026. Iberdrola reckons Scottishpower can play a key role in the drive to reduce emissions in the country. https://www.heraldscotland.com/news/24202631.scottishpower-run-uk-wide-investment-drive-glasgow/?fbclid=IwAR3F7PcVrTCz-Or–39Nzn6ktfjsY1nlEgC7CwQs-LjfSteb5YGiv2F0kb0
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