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ScottishPower
ScottishPower is a leading UK energy company, a subsidiary of Iberdrola, focused on renewable energy generation, electricity networks, and retail supply. The company is committed to decarbonization, investing significantly in green infrastructure, particularly in onshore and offshore wind, solar, and network upgrades across the UK.
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UtilityRenewable Energy DeveloperOperatorDeveloperInvestorOfftaker
Strategic Overview
- Committed to investing £10 billion in the UK over the next five years (2023-2027) in renewables and networks.
- Aims to be a key player in the UK's transition to net-zero, focusing on green energy generation and smart grid solutions.
- Leverages the global expertise and financial backing of its parent company, Iberdrola, to drive large-scale infrastructure projects.
Deal History (1)
Deal Activity from Public Sources
ScottishPower Renewables acquires the 50 MW Kincardine floating offshore wind farm.
Scottish Government approves ScottishPower Renewables' 15-turbine Blackhill Windfarm.
ScottishPower announces Final Investment Decision for 1.4 GW East Anglia 3 Offshore Wind Farm.
Investment Focus
Technologies
EV Charging1
Geography
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Key People
Keith Anderson
CEO
Track Record
3,500
MW Total
34
Years Active
£M10,000M
Total Value
Notable projects: East Anglia ONE Offshore Wind Farm, Whitelee Onshore Wind Farm, East Anglia 3 Offshore Wind Farm
Detailed Analysis
Sectors
Technologies
Geographies
Deal Stage
Global Infrastructure Sherpa