Scottish Power: Press Releases

Press Releases

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ScottishPower Board Appointments 13 December 1999 ScottishPower announced today that David Nish, currently Deputy Finance Director, has been appointed to the ScottishPower Board as Finance Director. Ian Russell, as Deputy Chief Executive, will now be responsible for our UK and US operations. He remains Non-Executive Chairman of Thus. Both Ian and David will report directly to the Chief Executive, Ian Robinson, along with the Strategy, Human Resources, Legal and Corporate Affairs Executives.
ScottishPower and UK Electricity Industry Welcomes UK Childhood Cancer Study Findings 3 December 1999 World's Largest Study Finds "No Link Between Overhead Power Cables and Childhood Cancer" The UK Childhood Cancer Study - the largest ever study of its kind - has found no evidence to link childhood cancer with exposure to magnetic fields from electricity supply.
ScottishPower-PacifiCorp Merger Date and Pre-Completion Dividend 25 November 1999 ScottishPower announces that, following the receipt on 23 November of the final regulatory approval for its merger with PacifiCorp, the merger process is expected to be finalised on 30 November 1999 with the admission to the Official List of the London Stock Exchange of the ScottishPower shares which are to be issued as consideration for the merger. It is expected that the articles of merger in the US will be filed on 29 November 1999.
ScottishPower-PacifiCorp Merger Obtains Final Regulatory Approval 24 November 1999 ScottishPower and PacifiCorp announced that they have received merger approval from the Utah Public Service Commission, the final state regulatory approval required for the merger. In addition on Monday, the Wyoming Public Service Commission issued a final written order, based on its earlier public deliberation, approving the merger. It is now anticipated that the merger will be completed within the next two weeks.
Idaho Approves ScottishPower-PacifiCorp Merger 16 November 1999 ScottishPower and PacifiCorp announced they have received merger approval from the Idaho Public Utility Commission (IPUC), the fifth of six state regulatory approvals required for the merger to be completed. In addition, the merger has obtained all federal approvals. An order is pending in Utah, and Wyoming has verbally approved the merger, subject to the issuance of a written order.
ScottishPower-PacifiCorp Merger Receives Final Federal Approval 15 November 1999 ScottishPower and PacifiCorp announced that they have received the final federal approval needed to complete their merger transaction.
Powerful Energy Partnership 11 November 1999 ScottishPower has signed a multi-million pound combined heat and power contract with leading multinational science company DuPont for its Dumfries site in south west Scotland.
ScottishPower 1999-00 Interim Results 1 April 1999 to 30 September 1999 - Achieving Strategic Aims 3 November 1999 Achieving Strategic Aims Turnover up 6.0% to Ł1,531 million Operating profit up Ł1 million at Ł325 million Profit before tax (before exceptionals) down Ł7 million to Ł240 million Earnings per share (before exceptionals) up 0.4% to 16.12p Dividend per share up 10.3% to 8.27p PacifiCorp merger on track for completion in 1999 Value to be realised through telecom flotation Making strong representations to Regulators regarding price reviews
ScottishPower Generating Year 2000 Power 19 October 1999 ScottishPower customers can now use electricity generated in the Year 2000 following the successful advancement of the clocks at all of its major power generating plants. This includes its flagship Longannet power station, the largest in Scotland and is all part of the company's Year 2000 preparations.
ScottishPower- Pacificorp Merger Wins Fourth State Approval 15 October 1999 ScottishPower and PacifiCorp today announce they have received approval for their merger from the Washington Utilities and Transportation Commission (WUTC), effectively the fourth of six approvals needed for completion of the acquisition.
ScottishPower Wins Oregon Approval For Merger 7 October 1999 ScottishPower and PacifiCorp announced that they have received approval for their merger from the Oregon Public Utility Commission (OPUC). The approval order incorporates all five stipulations entered into by the companies and the OPUC staff and other parties.
Scottish Customers Enjoy Best Deal Throughout 1990s 7 October 1999 Responding to the OFGEM paper on the Scottish Trading Arrangements: ScottishPower said customers in Scotland since flotation have, in fact, enjoyed lower bills than their English counterparts the average Scottish customer paying Ł61 less over the period or roughly the equivalent of three months' free electricity.
Tourism Gold for ScottishPower's Eco-Friendly Visitors' Centre 6 October 1999 George the goat is worth his weight in gold to staff at ScottishPower's Cruachan Power Station, near Oban, who have won the top Green Tourism award from the Scottish Tourist Board for their environmentally-friendly visitors' centre.
No Bills For Five Years...? Sounds Ideal! 1 October 1999 What's your definition of an 'Ideal Home'? ScottishPower, sponsors of the first Ideal Home Show Scotland, today unveiled its version of the perfect home as the company confirmed that one lucky visitor to the ScottishPower stand would win five years' FREE gas and electricity.
Response To Ofgem Draft Distribution Price Proposals 12 August 1999 ScottishPower is studying Ofgem's draft price proposals for electricity distribution, a long and complex document which requires further analysis before any detailed response can be made.
ScottishPower And D&G Fire Brigade Take Safety Message To The Road In Custom-Built Vehicle 2 August 1999 ScottishPower and Dumfries & Galloway Fire Brigade have joined forces under a Community Safety Partnership to launch a custom-built vehicle to promote the safety message throughout the district.
Five UK Charities Launch "PowerPartners" Initiative with ScottishPower 29 July 1999 Royal National Institute for the Blind (RNIB), Royal National Institute for Deaf People (RNID), Age Concern Scotland, Disability Scotland and NCH Action for Children today launched a unique partnership with ScottishPower.
ScottishPower/PacifiCorp Merger - Agreement With Utah DPU 29 July 1999 ScottishPower and PacifiCorp announced that they have reached an overall settlement with the Utah Division of Public Utilities (DPU) and the Committee of Consumer Services (CCS) regarding the proposed merger of the companies. The DPU and the CCS will support and recommend approval of the merger with an agreed set of conditions, acknowledging that ScottishPower and PacifiCorp have satisfied the standard in Utah for Commission approval and that the merger is in the public interest.
ScottishPower-PacifiCorp Merger - Agreement With Oregon PUC 26 July 1999 ScottishPower and PacifiCorp announced today that they have reached an overall settlement with the staff of the Public Utility Commission of Oregon (OPUC) regarding the proposed merger of the companies. The OPUC staff will support and recommend approval of the merger with an agreed set of conditions.
ScottishPower AGM 21 July 1999 Extracts from Chairmans Statement 21 July 1999 Speaking at the Company's Annual General Meeting held earlier today, Murray Stuart, Chairman of ScottishPower said:
ScottishPower Announces Deputy Chairman Appointment 21 July 1999 ScottishPower announces the appointment of Charles Miller Smith, a leading UK businessman, as non-executive Deputy Chairman of the Company. He will join the Board on 1 August.
Approval of Merger By PacifiCorp Shareholders 18 June 1999 ScottishPower announces that, at the Annual Meeting of PacifiCorp shareholders held yesterday in Salt Lake City, PacifiCorp shareholders approved the terms of the merger with ScottishPower. Approximately 70% of shareholders voted in favour of the resolution to approve the merger, representing 87% of the total votes cast. This follows the approval of the merger by ScottishPower shareholders on 15 June.
ScottishPower Welcomes FERC Approval of PacifiCorp Merger 17 June 1999 ScottishPower welcomes the decision by the Federal Energy Regulatory Commission, to approve the Company's proposed merger with PacifiCorp.
ScottishPower - Result Of Shareholder Meetings 15 June 1999 Merger with PacifiCorp
ScottishPower announces that, at an extraordinary general meeting of ScottishPower shareholders held earlier today the resolution to approve and implement the merger with PacifiCorp was duly passed.
California First State to Approve ScottishPower-PacifiCorp Merger 11 June 1999 ScottishPower and PacifiCorp announced 10 June 1999 that the California Public Utilities Commission authorised the approval of the companies' merger application. This marks the achievement of the first of six state regulatory approvals necessary for the merger to be completed. The Commission also noted that it would continue to exercise its regulatory authority over PacifiCorp, thereby ensuring continued protection of the interest of customers.
ScottishPower Engineers Pedal For Charity 31 May 1999 Four ScottishPower engineers are preparing to complete a Millennium-inspired cycling challenge to raise money for Yorkhill Sick Children's Hospital, Glasgow. The team plan to cycle from Lands End to John O'Groats, 1000 miles to mark the beginning of a new 1000 years, in just two weeks.
ScottishPower Consortium Wins £50m PFI Deal 20 May 1999 A Scottish-English joint venture company has been named as preferred bidder for a Ł50 million environmental improvement project in the east of Scotland.
Customer Services Staff Win Government Award 17 May 1999 Southern Water Customer Services has been credited with the national Investors in People award.
New Appointments To ScottishPower Board 6 May 1999 PORTLAND, Oregon ScottishPower today announced the appointment of Robert G. Miller and Nolan E. Karras as non-executive members to the ScottishPower Board of Directors. Both Mr. Miller and Mr. Karras currently serve on PacifiCorp's Board. The appointments are part of the merger agreement between ScottishPower and PacifiCorp and become effective on completion of the merger.
ScottishPower 1998-99 Preliminary Results - Investing For Growth 6 May 1999 Turnover up 3.6% to Ł3,242 million Profit before tax up Ł4 million to Ł644 million EBITDA up Ł66 million to Ł1,017 million Earnings per share up 2.8% to 42.4p Dividend per share up 10.3% to 22.5p Over one million new energy accounts acquired ScottishTelecom doubles turnover Construction commences on 400 MW CCGT PacifiCorp merger on track
ScottishPower Proposed Merger With PacifiCorp Documentation Posted 6 May 1999 A circular to ScottishPower shareholders relating to the proposed merger with PacifiCorp and a circular to ScottishPower shareholders concerning the proposed scheme of arrangement to establish a new holding company for the ScottishPower group are being sent to shareholders from today.
ScottishPower Notes PacifiCorp's Planned Disposal 15 April 1999 ScottishPower notes PacifiCorp's announcement on Friday 9 April 1999 that it has signed a letter of intent to sell its electric service area in California for $178 million, pre-tax to Nor-Cal Electric Authority. The price is subject to adjustments for changes in assets and liabilities assumed by the buyer.
ScottishPower 1998-99 Preliminary Results Timetable 13 April 1999 ScottishPower will announce its 1998/99 preliminary results for the 12 months to 31 March 1999 on Thursday 6 May 1999.
ScottishPower Welcomes DTI Announcement On PacifiCorp Merger 13 April 1999 ScottishPower today welcomed the decision by the Department of Trade and Industry to clear the Company's proposed merger with PacifiCorp.
Business Plan Submitted to Ofwat 9 April 1999 In October OFWAT published, in the document Prospects for Prices, proposals for the five year price control period from 1 April 2000. It was proposed that Southern Water would face an initial price cut of over 17.5%, followed by four years of price increases. Southern Water would be one of only two major Water Companies to have higher prices at the end of the five year price control period.
ScottishPower Appoints Merrill Lynch 29 March 1999 ScottishPower announced today that it had appointed Merrill Lynch & Co. as a financial adviser to the Company in connection with ScottishPower's agreed merger with PacifiCorp.
ScottishPower Sponsors Dutch National Ballet At Edinburgh International Festival 23 March 1999 ScottishPower is delighted again to support the internationally acclaimed Dutch National Ballet and the successful Dance Summer School at this year's Edinburgh International Festival. It is the second year that the company has supported Dutch National Ballet at the Festival and the fifth year that is has sponsored the Dance School programme.
ScottishPower Names New Retail Head 8 March 1999 ScottishPower has appointed Willie MacDiarmid, currently Sales and Marketing Director in Energy Supply, as Managing Director of the Company's 183-strong chain of electrical retail shops and superstores.
ScottishPower Files US State Regulatory Testimony 1 March 1999 As part of the State regulatory process, ScottishPower has filed testimony with regulators in four of the six states in which PacifiCorp operates.
ScottishPower To Create New Group Holding Company 25 February 1999 Scottish Power plc ("ScottishPower") today announced proposals for the creation of a new holding company for the ScottishPower group ("New ScottishPower").
ScottishPower believes this restructuring will assist the regulatory processes
associated with the planned merger with PacifiCorp.
ScottishPower Welcomes Utah Developments 23 February 1999 ScottishPower welcomes the positive comments from the Utah League of Cities and Towns in connection with its proposed merger with PacifiCorp. It also notes the comment from Sen. Mansell that the bill he had introduced, which would require full legislative review of any utility merger, is no longer scheduled for committee hearing.
ScottishPower And PacifiCorp Receive Antitrust Clearance 16 February 1999 ScottishPower and PacifiCorp have been granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in connection with their proposed merger.
ScottishPower - Management Changes at ScottishTelecom 16 February 1999 ScottishPower announced today the appointment of Bill Allan (45) as Managing Director of ScottishTelecom. Bill joined the Company in 1998 from Cable and Wireless where he was the Chief Executive, Regional Businesses.
Management Changes at ScottishPower 27 January 1999 The Board of ScottishPower announced today the appointment of Charles Berry and Alan Richardson as Executive Directors. They will join the Board of Scottish Power plc on 1 April 1999.

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