Scottish Power: Investor News

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Investor Archive / Investor News

ScottishPower's PacifiCorp Granted $65 Million in Utah General Rate Case 18 December 2003 ScottishPower announces that on 17 December, the Utah Public Service Commission (UPSC) granted $65 million of additional annual revenues to its subsidiary, PacifiCorp.
ScottishPower to Gain £20m a Year from SSE Agreement 17 November 2003 ScottishPower is pleased to announce it has reached conditional agreement with Scottish & Southern Energy (SSE) on the early termination of electricity contracts that should save ScottishPower around Ł20m a year from April 2005.
ADS Dividend Declaration - Second Quarter 2003/2004 4 November 2003 On 4 November 2003, ScottishPower announced in the Company's interim results, that the dividend for the second quarter ended 30 September 2003 was 4.75 pence per ordinary share. The dividend will be payable on 15 December 2003 to shareholders on the register on 14 November 2003.
2003/04 Half Year Results including 2nd Quarter to 30 September 2003 4 November 2003 I am pleased to report another set of good results with earnings per share* up 15%.
ScottishPower's PPM Announces Windfarms Contracts 27 October 2003 ScottishPower today announced that its US competitive subsidiary, PPM Energy (PPM), has added up to 103 MW of wind power to its portfolio in two separate projects.
ScottishPower Reappoints Non-executive Director 20 October 2003 ScottishPower today announced the return of Philip Carroll jnr to its Board as a Non-executive Director, five months after he temporarily resigned to help rebuild the infrastructure of post-war Iraq.
ScottishPower Announces New Director & Trading Statement 30 September 2003
ScottishPower is pleased to announce the appointment of Judi Johansen, President and Chief Executive Officer of its US subsidiary PacifiCorp, to its Board with effect from 1 October 2003.
ScottishPower's PacifiCorp Granted Recovery In Oregon General Rate Case 28 August 2003 ScottishPower announces that on 27 August, the Oregon Public Utility Commission (OPUC) announced the granting of approximately $8.5 million of additional annual revenues to its subsidiary PacifiCorp following an all-parties settlement to the general rate case.
2003 AGM Statement 25 July 2003 At today's Annual General Meeting, Ian Russell, Chief Executive, gave an overview of the results for the year to 31 March 2003 and the quarter to 30 June 2003 together with strategic priorities for the current year.
ADS Dividend Declaration - 1st Quarter 2003/2004 24 July 2003 On 24 July 2003 ScottishPower announced in the Company's first quarter results, that the dividend for the first quarter ended 30 June 2003 was 4.75 pence per ordinary share. The dividend will be payable on 15 September 2003 to shareholders on the register on 1 August 2003.
2003/04 1st Quarter Results To 30 June 2003 24 July 2003 I am pleased with this strong start to the year with earnings per share* up 30% to 8.1 pence. Each of our four businesses delivered performance improvements in the quarter and we continue to invest in our company for future growth.
ScottishPower Appoints New Executive Director 22 July 2003 ScottishPower is pleased today to announce the appointment to the Board of Simon Lowth as Director, Corporate Strategy and Development with effect from 1 September 2003. Simon, 41, joins ScottishPower from McKinsey and Company where he is the Director leading its UK Industrial Practice serving clients in the Energy and Utilities, Manufacturing and Transport sectors.
Scottish Power plc Launches a Subordinated Perpetual Convertible Bond of up to US $575 Million 17 June 2003 Scottish Power plc ("ScottishPower") announced today the launch of an offering of up to US$575 million of subordinated perpetual convertible bonds (the "Bonds") convertible into fully paid ordinary shares of ScottishPower (the "Offering").
Scottish Power plc Successfully Completes Subordinated Perpetual Convertible Bond Issue to Raise $700 million 17 June 2003 Scottish Power plc ("ScottishPower") confirms that the terms of its $700 million Subordinated Perpetual Convertible Bond (the "Bonds") have been fixed. The Bonds will have an initial conversion price set at 460 pence per share, which represents a 25 per cent premium over 367.5 pence, being the price of ScottishPower's ordinary shares at the time of pricing, and a cash coupon of 4.0 per cent. per annum.
ScottishPower Appoints New Non-executive Director - Donald Brydon 2 June 2003 ScottishPower is pleased today to announce the appointment of Donald Brydon, Chairman of Amersham plc and AXA Investment Managers, as a non-executive director with immediate effect.
Resignation of ScottishPower Non-executive Director 15 May 2003 ScottishPower today announced that Philip Carroll jnr has resigned as Non-executive Director with immediate effect following his appointment, in connection with Iraq post war reconstruction, to be chairman of an advisory board with oversight of the Iraqi Oil Ministry.
2002/03 Preliminary Results including Fourth Quarter results to 31 March 2003 7 May 2003 This has been a year of delivery based on our consistent focus on performance. I'm pleased to announce this good set of results with profits up substantially and earnings per share for the year up by 29%.
ScottishPower Agrees Major Contract with Clydeport 7 May 2003 ScottishPower is pleased to announce that it has reached a seven-year agreement with Peel Holdings, owners of Clydeport, for the management of imported coal deliveries to Longannet Power Station. The deal is estimated to generate Ł70m of incremental value over its seven year term.
Result of Extraordinary General Meeting Held on 11 April 2002 11 April 2003 On 8 March 2002, ScottishPower announced that it had entered into a conditional agreement to sell Southern Water to First Aqua Limited. Further details of the proposed sale were set out in a circular to shareholders dated 22 March 2002.
Analysts' Visit to UK Division 4 April 2003 Scottish Power plc ('ScottishPower') is today holding a site visit for analysts and institutional investors at which an update will be given on developments in ScottishPower's UK Division. No comments will be made on current trading other than to reiterate the pre-close statement released on 27 March 2003 in which ScottishPower confirmed that trading for the year to 31 March 2003 remained in line with expectations.
ScottishPower Trading Update 27 March 2003 ScottishPower will shortly be meeting analysts ahead of its close period for the full-year ending 31 March 2003. At the meetings, ScottishPower will update analysts on performance against the previously stated strategic priorities for each of its four businesses, confirming that it continues to trade in line with expectations.
PacifiCorp Granted $9 million General Rate Increase in Wyoming 7 March 2003 ScottishPower announces that on 7 March 2003 its US subsidiary, PacifiCorp, was granted recovery of approximately $9 million of the company's $20 million general rate case request from the Wyoming Public Service Commission (WPSC).
ScottishPower Appoints New Non-executive Director 19 February 2003 ScottishPower is pleased today to announce the appointment of Nick Rose, Finance Director of Diageo, as a non-executive director with immediate effect.
ScottishPower's Subsidiary PacifiCorp Files General Rate Case Request in Oregon 19 February 2003 In line with its planned US regulatory strategy, ScottishPower announces that on 18 March 2003 that its PacifiCorp subsidiary filed a general rate case (GRC) request with the Oregon Public Utility Commission.
Third Quarter and Nine Month Results to 31 December 2002 5 February 2003
"I am pleased to report a further quarter of improved results with third quarter earnings per share from continuing operations of 10.02 pence up by 8% over the same period last year".