Spanish utility Iberdrola has announced the closure of its acquisition of 88% of Electricity North West (ENW), making the UK its primary market in terms of network asset base value.
The UK government has confirmed over £24 billion in private investment in energy projects, which is pegged to deliver growth in the clean energy sector and boost the nation’s economy.
Spanish electricity company Iberdrola has, through its UK business SP Energy Networks (SPEN), acquired Derryherk, a private technology company that works to improve data connectivity through its digital twin.
ScottishPower Renewables, the green energy branch of utility ScottishPower, has acquired a new site at Lowestoft’s Power Park on the east coast of England.
Iberdrola, a Spanish electric utility company, has signed an agreement to acquire 88% of UK network operator Electricity North West (ENW) for an equity value of £2.1 billion.
Spanish energy giant Iberdrola has secured a €500 million loan with Citi and guaranteed by the Norwegian Export Credit Agency Eksfin for the construction and development of the East Anglia III offshore wind farm.