ScottishPower Announces £24bn Investment in UK Green Energy

The energy giant's investment is driven by the UK government's clear policies and commitment to net zero goals.

ScottishPower, owned by Spain's Iberdrola, plans to double its UK investment to £24bn over the next five years.
The investment will focus on upgrading the electricity grid and expanding wind farm projects to support the UK's decarbonization goals.
The decision follows the UK government's approval of large solar projects, signaling a stable regulatory environment for green energy.
The investment includes significant projects like the Eastern Green Link 1, a new electricity superhighway connecting Scotland and England.
The announcement comes ahead of the UK's International Investment Summit, which aims to attract further global investments.