Energy regulator Ofgem has approved a £28bn UK investment in a five-year plan to improve electricity and gas grids.

But the bid of 11.6 billion pounds in cash and stock was lower than some had expected, and analysts said it opened the possibility of a rival bid. "The combination of part cash and part Iberdrola ...

LONDON (Reuters) - Scottish Power Renewables (IBE.MC) has sold its tidal power business to Atlantis Resources (ARL.L) in exchange for a six percent stake in Tidal Power Scotland Limited, the country's ...

Scottish Power Energy Networks and 3M has announced the successful installation and energization of the first new live electricity conductor in Scotland in almost three decades. Using a 3M Aluminium ...

Iberdrola’s Scottish Power said it is seeking 1,000 recruits next year and has urged workers facing redundancy at the Scottish Grangemouth oil refinery and British construction firm ISG to apply for ...

Scottish Power PLC said Tuesday it has agreed to a $22.5 billion buyout offer from the Spanish utility Iberdrola SA that would create one of Europe’s biggest utilities. But the bid of 11.6 billion ...

With Spanish electric utility Iberdrola planning Europe's biggest green hydrogen production facility in its homeland, its Scottish Power subsidiary is preparing to do something similar at the other ...

Scottish Power is to pay customers £1.5 million in refunds and compensation after it charged them above the price cap during the height of the energy crisis. The energy firm charged 1,699 direct debit ...

Slaughter and May, Clifford Chance (CC) and Pinsent Masons are advising on a £702m deal that will see Scottish Power become one of the first major UK energy companies to generate all of its ...

Customers’ prices will be protected until the end of April 2008 and capped rates will fall if Scottish Power lowers its standard tariff. Karen Darby, CEO of SimplySwitch.com comments: ”This latest ...

Scottish Power is set to ease the burden on households by offering half-price electricity this winter, with potential savings of up to £300. The discount is available to smart meter customers every ...

About 190,000 Scottish Power customers will each be paid a share of £8.5 million, after Ofgem found the energy giant guilty of mis-selling. Separately, Ofgem has also announced tougher rules to ...