ScottishPower Renewables
About
The UK renewables business of Iberdrola, run as ScottishPower's renewable production division, inside a group that also owns transmission and distribution networks in Scotland, Wales and England. Its offshore wind is in British waters: the East Anglia zone off the East Anglian coast, where one farm operates, two are under construction and a third is consented, beside a half share of West of Duddon Sands in the Irish Sea and two ScotWind sites off Scotland. It shares East Anglia ONE with a 40% co-owner and East Anglia THREE with Masdar, which holds half, and holds East Anglia TWO alone. Tracked here separately from Iberdrola because the division itself originates, develops, builds and operates these projects.
Outlook
as of 2026-10Portfolio
7 held · live stages first, exits lastCapacity is net of ownership stake: a 50% JV counts half. Gross exposure (full nameplate of every project held): 9.26 GW.
| Project | Country | Stage | MW | Stake | Net MW |
|---|---|---|---|---|---|
| East Anglia ONE↓ farmed down | United Kingdom | Operational | 714 | 60% | 428 |
| West of Duddon Sands | United Kingdom | Operational | 389 | 50% | 194 |
| East Anglia TWO | United Kingdom | Under Construction | 960 | 100% | 960 |
| East Anglia THREE↓ farmed down | United Kingdom | Under Construction | 1400 | 50% | 700 |
| East Anglia ONE North | United Kingdom | Advanced Development | 800 | 100% | 800 |
| MarramWind | United Kingdom | Early Development | 3000 | 100% | 3000 |
| MachairWind | United Kingdom | Early Development | 2000 | 100% | 2000 |
Divested & farmed down
every recorded sale by this developer · newest first| Announced | Project / portfolio | Type | Stake sold | €m | Buyer |
|---|---|---|---|---|---|
| 2023-12 | East Anglia THREE | farmdown | 50% | — | Masdar |
| 2019-08 | East Anglia ONE | farmdown | 40% | 1,311 | Green Investment Group (Macquarie) |
Ownership history comes from the transaction database; the portfolio above is the current snapshot only. "Joint" stakes are the consortium total (per-seller split not disclosed) and are excluded from the stake-weighted GW figure.
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