100% Green Generation for ScottishPower with Sale of Remaining Gas Plant

ScottishPower has become the first integrated energy company in the UK to shift completely from coal and gas generation to wind power, after completing the sale of its traditional generation business to Drax for £702 million. Ignacio Galán, Chairman and Chief Executive of Iberdrola, said: “Energy companies must be part of the solution to climate change.  Iberdrola is acting now to cut carbon emissions 30% by 2020 and be carbon neutral by 2050.  The sale of these generation assets is consistent with our strategy.” Keith Anderson, Chief Executive of ScottishPower,…

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