in News Departments > New & Noteworthy
print the content item

Iberdrola, a Spain-headquartered electric utility and wind power developer, and ScottishPower, an international energy company made up of four businesses, including Portland, Ore.-based PPM Energy, have reached a merger agreement where Iberdrola will take over ScottishPower for 17.2 billion euros.

If ScottishPower's board votes in favor of this agreement, the new group will have an installed capacity of 36,600 MW, of which over 6,000 MW will be renewable.

"The combination of both companies will allow ScottishPower to develop on a global scale in a progressively more competitive environment," comments Philip Bowman, ScottishPower's chief executive.

IowaDeptEconDevel_id1863

Trachte Inc._id1770
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

Acciona_id1907
WomenofWind_id
UEA_id1896
JLG_id1900
bonfiglioli_id1913
AWEA_id1886