ScottishPower: Press Releases

Press Releases

Our News & Media section includes the latest news headlines from the company, as well as an extensive archive of news releases. Our Library contains a comprehensive list of reports and brochures, presentations and webcasts which you may find useful.

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ScottishPower Announces Impending Senior Management Change At PacifiCorp 21 December 2005 ScottishPower announced today that Judi Johansen, President and CEO of its US regulated business PacifiCorp and ScottishPower Board member, is leaving the company after the completion of its sale to MidAmerican Energy Holdings Company (MidAmerican) in 2006.
ScottishPower Announces Trust Fund After Fuel Poverty Study 13 December 2005 ScottishPower today announced the launch of the first vulnerable customer trust fund targeted at children and young people.
ScottishPower Announces 10-Year Gas Deal with Statoil 28 November 2005 ScottishPower today announced a 10-year gas supply agreement with Norway's Statoil providing enough gas to meet the annual needs of 250,000 homes.
Scottish Power plc ('ScottishPower') Statement regarding E.ON AG ('E.ON') withdrawal - ScottishPower announces revised dividend policy 22 November 2005
Scottish Power plc ("ScottishPower") Statement regarding E.ON AG ("E.ON") withdrawal

ScottishPower announces revised dividend policy

The Board of ScottishPower notes today's announcement from E.ON.
ScottishPower's PPM Energy announces new 200 MW windfarm 28 October 2005 ScottishPower's competitive US energy business, PPM Energy, today announced plans to build a 200 megawatt (MW) windfarm at Big Horn in the south east of Washington state with completion expected in summer 2006. Approximately $270 million will be invested in the project and it is expected to be immediately earnings enhancing upon completion.
ScottishPower's PPM Buys 200MW of Wind Turbines 21 October 2005 ScottishPower's competitive US energy business, PPM Energy, today announced that it has agreed to buy 200 megawatts (MW) of wind turbines from GE Energy for use in projects in late stage development expected to be built during calendar 2007.
ScottishPower Appoints Two New Executive Team Members 21 October 2005 ScottishPower today announced that Keith Cochrane, Director of Group Finance, and Susan Reilly, currently overseeing the sale of PacifiCorp to MidAmerican Holdings, would join the Executive Team with immediate effect.
ScottishPower Trading Update 10 October 2005 ScottishPower will shortly be meeting with analysts ahead of entering our pre-close period for the quarter ending 30 September 2005.
ScottishPower raises prices and launches new Capped Offer 4 October 2005 ScottishPower, having absorbed soaring wholesale costs longer than most of its main rivals, today announced higher gas and electricity prices plus a new Capped Price Offer shielding customers from further increases until October 2007.
ScottishPower's PacifiCorp granted $26 million in Oregon General Rate Case 29 September 2005 ScottishPower announces that on 28 September 2005, PacifiCorp, its US regulated energy business, was granted $26 million of additional annual revenue by the Oregon Public Utility Commission (OPUC).
ScottishPower Launch Training Programme to Help Hundreds of Vulnerable Youngsters into Work 28 September 2005 Hundreds of unemployed young people could get work thanks to the first training programme of its kind being launched in Scotland.
ScottishPower's PPM Energy secures 300 MW of new wind turbines 14 September 2005 ScottishPower's competitive US energy business, PPM Energy, today announced that it has agreed to purchase 300 megawatts (MW) of wind turbines from GE Energy for use in projects in late stage development expected to be built during calendar 2006.
Scottish Power PLC Response to E.ON AG Statement 6 September 2005 Scottish Power PLC Response to E.ON AG Statement
ScottishPower's PacifiCorp Makes Federal Regulatory Filings 16 August 2005 ScottishPower's US regulated business, PacifiCorp, and MidAmerican Energy Holdings Company on Friday, 22 July, filed required US federal approval requests with the Federal Energy Regulatory Commission (FERC) and notification with the US Department of Justice (DOJ) and Federal Trade Commission (FTC) under the Hart-Scott-Rodino Act as part of the scheduled process to gain approval of MidAmerican's acquisition of PacifiCorp from ScottishPower as announced on 24 May.
ScottishPower sells UK Gas Storage Project for £96M 10 August 2005 ScottishPower is pleased to announce the sale of its underground natural gas storage project at Byley to E.ON UK plc in a Ł96 million transaction that also includes ScottishPower securing a 15-year storage contract for a substantial portion of the planned capacity.
ScottishPower's PPM Energy Sells 125MW of Wind Energy 7 July 2005 ScottishPower's US competitive energy business, PPM Energy, has signed long-term agreements to sell 125 MW of the proposed 150 MW Shiloh windfarm, expected to be commercially operational by the end of 2005.
Preliminary Results 2004/05 and Sale of PacifiCorp - Press Release 24 June 2005 SCOTTISH POWER PLC PRELIMINARY RESULTS 2004/05 AND SALE OF PACIFICORP
Corporate restructuring, £60m annualised cost savings, Board Changes 9 June 2005 Following a review of its operating structure and functions, the Board of ScottishPower today announced a significant corporate restructuring that will result in annualised cost savings of Ł60m a year. This will be achieved by ceasing a wide range of reporting, regulatory and management functions previously required by the ownership of PacifiCorp and by simplifying the management structures of the continuing operations and corporate functions.
ScottishPower's PPM Announces New Windfarm & Becomes US Leader for 2005 Projects 23 May 2005 ScottishPower's competitive US energy subsidiary, PPM Energy (PPM), today said it will acquire and build the 150 MW Shiloh wind project in northern California, making PPM the current leader in US wind power for announced projects in 2005.
ScottishPower's PPM subsidiary announces gas storage expansion in the US 12 May 2005 ScottishPower's US competitive energy subsidiary, PPM Energy (PPM), today announced the expansion of a gas storage development project in west Texas and the acquisition of a New Mexico gas storage facility. The combined investment is expected to be approximately $120 million and to achieve returns of at least 300 basis points above PPM's weighted average cost of capital.
Co-operative Group and ScottishPower Team Up to Build Windfarm 10 May 2005 The Co-operative Group and ScottishPower are teaming up to build a 16MW windfarm at Coldham in Cambridgeshire, which will provide enough green energy to power almost 10,000 homes.
ScottishPower's PacifiCorp Files Rate Case Request in Washington for $39 Million 6 May 2005 ScottishPower announces that on 5 May 2005, its US-regulated subsidiary, PacifiCorp, filed a general rate case request with the Washington Utilities and Transportation Commission (WUTC) for approximately $39 million related to increases in operating costs, including fuel, purchased power, pension and other employee benefit costs, as well as investment in new generation.
Court recommends dismissal of Klamath Tribes litigation 18 April 2005 On April 14th, ScottishPower's US regulated energy business, PacifiCorp, received a magistrate judge's opinion, agreeing with PacifiCorp's request for summary judgement, recommending that the $1 billion lawsuit filed against it by the Klamath Tribes be dismissed as untimely.
ScottishPower Appoints Simon Lowth Executive Director, Finance and Strategy 7 April 2005 ScottishPower announced today that with effect from 24 May 2005, Simon Lowth, currently ScottishPower's Board Director responsible for Corporate Strategy and Development, will be appointed Executive Director, Finance and Strategy. He succeeds David Nish, who will take up his previously announced appointment as Executive Director, Infrastructure Division on the same date.
ScottishPower's PPM Announces First Northeastern US Wind Project 5 April 2005 ScottishPower (LSE: SPW; NYSE: SPI) today announced its US competitive subsidiary, PPM Energy, and its joint venture partner, Zilkha Renewable Energy of Houston, will build and own the Maple Ridge Windfarm in upstate New York. Maple Ridge is expected to be 198 MW, nearly quadrupling the total installed wind capacity in New York. The Goldman Sachs Group (NYSE: GS) recently announced plans to acquire Zilkha Renewable Energy, subject to regulatory approvals.
ScottishPower - Trading Update 30 March 2005 ScottishPower is today issuing a trading statement prior to entering its close period and the announcement of its preliminary results on 24 May 2005.
Appointment of Corporate Broker 16 March 2005 Scottish Power plc announces today that it has appointed Morgan Stanley as joint corporate broker with immediate effect. ScottishPower retains UBS as joint corporate broker.
ScottishPower's PacifiCorp Unit Wins Approval for Multi-State Process 2 March 2005 ScottishPower today announced that its US subsidiary PacifiCorp has won approval for the results of its Multi-State Process (MSP) in Idaho following approvals over the past few months in Oregon, Utah and Wyoming.
ScottishPower's PacifiCorp Files Updated Long-Term Resource Plan 26 January 2005 ScottishPower's regulated US business, PacifiCorp, has filed its updated Integrated Resource Plan (IRP) with state regulatory commissions. The IRP is updated every two years and considers a 20-year horizon detailing long-term plans that serve to guide specific electric resource decisions.
ScottishPower's PacifiCorp Files Rate Case Request in Idaho for $15 million 14 January 2005 ScottishPower today announced that on 14 January 2005 its regulated US subsidiary, PacifiCorp, filed a general rate case request with the Idaho Public Utilities Commission (IPUC) for approximately $15 million related to increased operating costs associated with generation resource additions, employee related costs, and general inflation impacts.
ScottishPower UK Customers Top the Five Million Mark 12 January 2005 ScottishPower today announced it had taken its overall gas and electricity customer base in the UK to more than five million for the first time.

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