(IN BRIEF) Iberdrola, through ScottishPower, and Masdar have set a new UK offshore wind record with the installation of the first turbine at the East Anglia THREE windfarm, featuring 115-metre blades—the largest ever used in the country. The £4 billion … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged 115 metre blades, Cadeler, Charlie Jordan, clean energy, Darren Davidson, East Anglia THREE, energy security, Green Energy, Husain Al Meer, Iberdrola, Iberdrola and Masdar Achieve UK Offshore Wind Milestone with Record-Breaking Turbine Installation at East Anglia THREE, Iberdrola and Masdar Drive Offshore Wind Innovation with Record-Setting Turbine Deployment in UK Waters, infrastructure, JOBS, Manufacturing, Masdar, Mikkel Gleerup, Offshore wind, renewable energy, ScottishPower, Siemens Gamesa, Suffolk coast, sustainability, United Kingdom, wind power, wind turbines
(IN BRIEF) Iberdrola, through ScottishPower, has secured £600 million in financing from the National Wealth Fund to advance the Eastern Green Link 4 project, a major subsea electricity interconnector linking Scotland and England. The 2GW, 530 km HVDC cable will … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Clean Power targets, decarbonisation, Douglas Alexander, Eastern Green Link 4, EGL4, electricity transmission, electrification, energy security, energy transition, Fife, HVDC interconnector, Iberdrola, Iberdrola Expands UK Network Investment Programme with £600 Million Backing for High-Capacity Electricity Interconnector, Iberdrola Secures Major Investment to Deliver Eastern Green Link 4 Enhancing Renewable Energy Transmission Across Britain, Keith Anderson, Michael Shanks, National Energy System Operator, National Wealth Fund, NESO, Norfolk, Oliver Holbourn, power network expansion, Public Private Partnership, Rachel Reeves, renewable energy, ScottishPower, Subsea Cable, UK energy infrastructure, UK grid investment
(IN BRIEF) Iberdrola has sold ScottishPower’s smart metering subsidiary, SP Smart Meter Assets Limited, to Macquarie Group in a £900 million deal covering 2.9 million devices. The move supports Iberdrola’s strategy to concentrate investment in regulated networks and renewable generation, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged asset rotation plan, CO₂ reduction, decarbonization, distribution networks, Electricity North West, ENW, Iberdrola, Iberdrola strengthens focus on regulated networks with £900 million UK smart meter divestment to Macquarie, Macquarie acquires ScottishPower smart metering unit from Iberdrola as Group channels £24 billion into UK networks and renewables, Macquarie Group, regulated networks, renewable generation, ScottishPower, smart meters, SP Smart Meter Assets Limited, SPSMAL, transmission networks, UK energy market, UK investments
(IN BRIEF) ScottishPower’s “Half Price Weekends” initiative, offering customers 50% off electricity every Saturday and Sunday from 11 am to 4 pm, has won the Behaviour Change Campaign of the Year Award at the 2025 UK Green Business Awards. Launched … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Technology, United Kingdom
Tagged 350 000 customers, Andrew Ward, Awards, Behavioural Change Campaign of the Year, clean energy transition, demand flexibility, grid load reduction, Half Price Weekends, Iberdrola, leadership, off-peak electricity, renewable energy, ScottishPower, smart meters, sustainability, sustainable consumption, the Brewery London, UK Green Business Awards 2025, weekend discount, £4 million, €4.7 million savings
(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release
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