Published Date:
18 February 2009
SCOTTISHPOWER contributed 23 per cent of Iberdrola's operating profit in 2008, the Spanish energy giant said yesterday, as it reported a net profit of 2.86 billion (£2.53bn), a rise of 21.3 per cent.
Iberdrola said it invested about 1.2bn in the UK in 2008, when its Whitelee wind farm, near Glasgow, became Europe's largest on-shore wind farm. The Bilbao-based group, which bought ScottishPower in 2006, increased its dividend by 20 per cent to 0.33 a share.
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Last Updated:
17 February 2009 8:36 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
ScottishPower
