Iberdrola reveals £12bn investment plan at UK summit

ScottishPower’s parent company Iberdrola has set out a £12bn ($15bn) investment plan in the UK for 2024 to 2028.

Revealed at the UK Global Investment Summit in London, UK, Iberdrola is planning to build on its previously announced £6.7bn ($8.4bn) programme for 2023-25 with a further £7bn ($8.8bn) more in the years 2026-28.

Through this investment, the company will continue to support its East Anglia 3 offshore wind farm, as well as in onshore wind and solar projects, energy retails and green hydrogen.

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