Global Infrastructure Sherpa
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Scottish Power Transmission
Scottish Power Transmission (SPT) is a regulated electricity transmission network operator responsible for the high-voltage grid in central and southern Scotland. It plays a critical role in maintaining grid reliability, connecting renewable energy projects, and modernizing the network to support the UK's energy transition goals.
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UtilityOperatorDeveloper
Strategic Overview
- Key player in enabling the UK's net-zero targets by reinforcing and expanding the transmission network to integrate large-scale renewable energy.
- Focus on significant capital expenditure programs for grid modernization and interconnections.
- Operates within a regulated asset base (RAB) model, ensuring stable, long-term investment in critical infrastructure.
Deal History (1)
Deal Activity from Public Sources
Joint venture for the development of Eastern Green Link 1 (EGL1), a 2GW HVDC subsea electricity transmission link between Torness, Scotland, and Hawthorn Pit, England.
Unveiling of Project Pace, a £2.5 billion investment program to upgrade the electricity network in central and southern Scotland to connect new renewable generation.
Participation in the Accelerated Strategic Transmission Investment (ASTI) framework, involving multiple projects to reinforce the Scottish transmission network and connect renewable energy, as part of a wider £20 billion UK network investment.
Investment Focus
Technologies
Storage1
Battery Storage1
Geography
United Kingdom1
Track Record
34
Years Active
Notable projects: Eastern Green Link 1 (EGL1), Project Pace Grid Reinforcement, Western HVDC Link
Detailed Analysis
Sectors
Technologies
Geographies
Deal Stage