Sun 12 Mar 2017.
Since 2006, Scottish Power has been fully owned by the Spanish multinational energy company Iberdrola, one of the largest utility companies in the world. Among its largest shareholders are the Qatari sovereign wealth fund the Qatar Investment Authority and BlackRock Inc, described as the world's largest 'shadow bank'.
Scottish Power is an energy company that supplies electricity and gas to UK homes and businesses, chiefly in Scotland. Unlike some other UK energy companies Scottish Energy it operates and maintains some electricity distribution and transmission networks in central and southern Scotland, Merseyside and North Wales. It also generates energy with its coal, gas and renewable power stations. It's one of the 'Big Six' energy companies that dominate the UK market.