ScottishPower opens new Edinburgh office amid $13.3 B Scotland investment
The company will create over 2,000 new jobs as part of a major grid expansion.
Image for illustrative purposes
UK, Scotland, Edinburgh: ScottishPower has opened a new office in Edinburgh to support a record $13.3 B (£10 B) investment in Scotland’s electricity grid, part of a major network overhaul that will reinforce energy infrastructure and create thousands of jobs across the country.
The move follows parent company Iberdrola’s $77 B (€58 B) strategic plan, which designates the UK as its top investment destination. The announcement coincides with the Global Investment Summit in Edinburgh, where ScottishPower confirmed that it will hire 300 new recruits by the end of 2025 and create an additional 2,000 jobs by 2027, around 80 % of them in Scotland.
First Minister John Swinney joined ScottishPower CEO Keith Anderson to open the new office, which will house SP Energy Networks teams responsible for building subsea transmission links along Scotland’s east and west coasts.
Swinney said: “ScottishPower’s investment in Scotland will drive economic growth and support thousands of high-quality, sustainable jobs,” describing it as an example of how the green transition can generate real financial opportunities.
Anderson noted that reinforcing the grid is essential to meeting rising electricity demand. “Our investment commitments are about more than just infrastructure, we are creating high-quality, long-term jobs both in our company and right across the supply chain,” Anderson concluded.
The company is currently working on major projects, including Eastern Green Link 1 and 4, subsea “electrical superhighways” connecting renewable energy to demand centres.
ScottishPower’s wider UK investment for 2024–2028 totals $32 B (£24 B), spanning grid upgrades in England and Wales and construction of two large offshore wind farms off East Anglia, expected to deliver 2.3 GW of clean power.
Source: SP Energy Networks
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