2 introduction
THE
endorsed our chairmanʼ
make an of
Board of Iberdrola unanimously more so than ever www
t
experience of our people across the and transparent report, it will outline our
retail businesses in five US States: New
Group. W 2006/07 performance in our 12 most
.scottishpower.com. A comprehensive
Y
hat operates distribution, generation and
fer for US utility
s proposal to
, Energy East
o s
Hampshire and Connecticut.
ork, Maine, Massachusetts, New
ScottishPower will be based on the under
e also explained the future
, on the knowledge and
l
rganisational model of Iberdrola and
impact areas.
a
ignificant environmental and social
accelerates our international growth objec
local implementation.
ying principle of global coordination with
-
tive and our strategy of building an
The transaction with Energy East
announce a £1million increase to our
A
business, recently recognised by Scottish
The results build on our
José
Atlantic Platform. It also consolidates our
-
position as one of the worldʼ
electricity companies.
Speaking at the FT Global Energy
Luis
s leading
Leaders Summit held in London during
del
investment in the ScottishPower Energy
few weeks ago, I was delighted to Business in the Community when we were
lready strong reputation for responsible
People
named Large Company of the
invested, the Fund can support even more
organisations set up to help vulnerable
Trust. With a total of £4million now
Valle
transaction of Iberdrola and ScottishPower
people who are living in fuel poverty.
marked the “birth of a world leader”
We have always maintained the
Year.
and our intention of moving
f
our new business.
orward together to expand
East transaction, together
with the previously
The proposed Energy
June, Ignacio Galán said that, with the
success of the ScottishPower operation,
the Iberdrola Group will continue to
and Jim Mather
a
expand globally where the presence and
and Energy
Deputy First Minister Nicola Sturgeon the renewables business
opportunities for growth are significant.
attended a special reception marking this
, Minister for Enterprise of ScottishPower and
nnounced integration of
announcement.
, were among 25 MSPs who Iberdrola, is real
evidence of this.
representing one of the most important
growth opportunities.
He also outlined the United States as that it was great to see first hand how the
Energy People
Nicola Sturgeon stressed afterwards ScottishPower are
ScottishPower
thousands of vulnerable people since its
now true global
Iberdrola and
It was a good opportunity for myself and
I recently met with of launch in 2006.
Trust had helped players, with
sizeable scale,
other members of the ScottishPower
ʼs recognised trade unions.
ficials from all of
part of our commitment to the
financial creden
Groupʼ
Executive
s growth plans and a need to draw
Team to outline first hand the
,
communities in which we operate.
The Energy People Trust is only one tials and the
experience to
-
Corporate Responsibility Report online at
We recently published our 2006/07
exploit opportu
nities in the
global market.
-
Nestling
down
6
Footprint Challenge
Taking the Carbon
confer
Wholesale
takes of
ence
f
5
W
appr
ith royal
Take an
oval
18
Star gazers’
-19
gala night
in health
inter
active
est
16
12
11
Keeping
control
24
Editor: Kenny Craig – 700 3299
email: kenny.craig@scottishpower.com
Energy Retail: Siobhan Hynes – 700 3028
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