SPANISH utility giant Iberdrola has dropped plans to sell off part of ScottishPower's distribution and grid business.
SPANISH utility giant Iberdrola has dropped plans to sell off part of ScottishPower's distribution and grid business.
Custom byline text:
Tim Sharp City Editor
The development comes after The Herald reported in October that chief executive Ignacio Galan regarded the sale of the stake as just "fifth or sixth priority".
He said then he would prefer to sell other less attractive assets and that the disposal of a stake in the ScottishPower business "might not be required".
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
