ScottishPower to invest more than €262M in UK distribution grid

ScottishPower Energy Networks (SPEN), Iberdrola's distribution company in the United Kingdom, will allocate more than €262M to modernise the electricity distribution grid in the United Kingdom, part of its firm commitment to electrification, job creation and strengthening its supply chain.

The investment will be channelled through the extension of key contracts with six specialist overhead line companies, which over the next four years will maintain and upgrade more than 20,000 kilometres of grid in Scotland and the North West of England. This action forms part of the Electricity Distribution (ED2) business plan for 2023–2028 and paves the way for the future ED3.

Modernising infrastructure is key to advancing the UK's electrification and emissions reduction targets. With this announcement, SPEN reinforces its strategic role in driving a cleaner, safer and more efficient energy model and consolidates its commitment to local economic development, sustainability, and support for suppliers and innovation in the UK energy sector.

You can read the full story at the ScottishPower Energy Networks Media Room.