We are excited about our major projects here at ScottishPower and believe that they will help us make a world of difference on so many levels.
Our business is growing and the Iberdrola Group has chosen to invest significantly in the work we are doing, here in the UK. In fact, Iberdrola have committed to invest €9.6bn globally between 2014 and 2016 with some 41% of this investment targeted at our exciting UK projects.
The majority of UK investment will be directed at our Network infrastructure, which includes a major new HVDC subsea cable, and Renewable energy projects, including the West of Duddon Sands offshore windfarm which will be commissioned towards the end of 2014.
Investments on this scale create significant employment opportunities. In 2013, we announced opportunities in SP Energy Networks to create 4,000 jobs in engineering, an extra 2,500 on top of the 1,500 announced in 2012.
We partner with suppliers to deliver the work we do; we’ve spent more than £3bn with suppliers since 2007 and between 2012 and 2014 we anticipate purchasing a further £3bn in the UK.
We’re excited about the work we do, as well as proud of our people and the ground-breaking progress we’re making. Don’t just take our word for it, please see for yourself to discover just some of the things we think will make a world of difference.