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Evening Standard
Evening Standard
Anna Wise

UK to get biggest proportion of investment in ScottishPower owner’s £51bn plan

ScottishPower United Kingdom Iberdrola
The investment will be used mainly for improving transmission and distribution networks (Chris Ison/PA) - (PA Archive)

The UK will be the top investment destination for ScottishPower’s Spanish owner’s 58 billion euro (£50.6 billion) spending plan that will focus on electricity grids, in a move set to create thousands of jobs.

The company said the UK was in “pole position” to benefit from the sprawling investment programme.

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