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ScottishPower and Shell team up to tap floating offshore wind

Shell and ScottishPower have partnered to submit multiple proposals for new floating offshore wind farms, as part of Crown Estate Scotland’s ScotWind Leasing.
floating wind

Why the focus on floating wind may stunt offshore growth in...

Deep sea turbine substructures are poised to revolutionise the offshore wind sector, according to Ian Hatton, Chairman, Enterprize Energy.
wind turbine risk management

Wind sector vulnerable to fire due to lack of clarity on...

A lack of clarity between wind farm owners and turbine manufacturers around ownership of fire risk management is putting the industry at greater risk of fire

Scottish Power bid:

UK utility Scottish Power`s bid for PacifiCorp of the USA has received regulatory approval in Utah. The company has now won the backing of regulatory officials in all six states that PacifiCorp serves.

ScottishPower restructures:

UK multi-utility ScottishPower is to create a new holding company in a move which it believes will assist in gaining regulatory approval in the USA for its proposed merger with PacifiCorp. The holding company will ensure separation of the parent company, its existing trading activities and PacifiCorp. In February a political obstacle to the merger was removed when a bill to give the Utah legislature and governor the final say in the deal was dropped.

ScottishPower integrates Manweb

ScottishPower has announced plans to integrate Manweb, which it acquired in late 1995, with a move toward a regional structure for the electricity distribution business--three regions covering Wales, Merseyside and the remainder of urban and rural territory in England. The Manweb head office in Chester will be closed sometime in 1996 as the company is seeking smaller offices in the area.

Scottish Power improves performance

UK utility Scottish Power unveiled half yearly profits of £336.6m ($526m) today, compared to £59.8m for the corresponding period last year.

ScottishPower takeover speculation

UK multi-utility ScottishPower is thought to be in advanced negotiations with US utility Pacificorp. SP has twice failed to buy US utility groups. The last attempt with Ohio-based Cinergy, failed after a clash between managers of the two groups.

ScottishPower closes US merger deal

ScottishPower received the final regulatory approval required for its merger with Pacificorp of the USA.

ScottishPower reports revenue rise

ScottishPower, a UK electric utility, reports revenues of (US)$1.16 billion for the six-month period ending Sept. 30, 1994, up 9.6 percent from the same period a year previous. The jump is attributed mainly to increased retail sales, following the purchase of 50 superstores. Revenues in the utility`s electricity business rose 3.4 percent, and operating profit rose 6.2 percent.

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