Asia Connect
Scottish Power secures £1.36 billion for smart electricity grids
National Wealth Fund to invest £600 million while CaixaBank leads syndicated financing
Michael Marray
21 May 2025
Scottish Power has signed green loans totalling £1.36 billion ( US$1.82 billion ) to support the development and construction of smart electricity grids in the United Kingdom that comply with the taxonomy criteria set out in the green financing framework.