Iberdrola unit ScottishPower awards M Group GBP 110 million Scotland grid upgrade contract

Reuters2026/08/10 09:32

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Iberdrola unit ScottishPower Energy Networks awarded M Group a GBP 110 million contract to modernize more than 70 km of power lines.
Work targets the Strathaven-to-Smeaton corridor, a key electricity route between Glasgow and Edinburgh, upgrading 1960s-era infrastructure.
Project expected to create 1,000 direct jobs, with additional employment across the supply chain.
Contract aligns with ScottishPower’s UK investment plan of GBP 24 billion by 2028, including a GBP 12 billion transmission upgrade program in Scotland.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iberdrola SA published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Iberdrola unit ScottishPower awards M Group GBP 110 million Scotland grid upgrade contract

You may also like

Crypto prices