Scottish Power plc
Left carbon generation behind for a renewable future powered by cheaper green energy.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | £702m Valuation: £702m 0.1x EV/Revenue 0.5x EV/EBITDA | Acquisition | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (22 %) | (5 %) | 2 % | 3 % | 1 % | 4 % | 58 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 25 % | 23 % | 30 % | 28 % | 33 % | 28 % | 19 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 10 % | 8 % | 12 % | 10 % | 11 % | 1 % | 6 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Scottish Power plc, a prominent energy company in the United Kingdom, has a rich history that reflects the dynamic changes in the energy sector. The company was originally part of the South of Scotland Electricity Board, which was established in 1943 to manage electricity supply in southern Scotland. The transformation into Scottish Power plc occurred in 1990, following the privatization of the electricity industry in the UK.
A significant milestone in Scottish Power's journey was its acquisition by Iberdrola, a Spanish multinational electric utility company, in 2007. This acquisition marked a pivotal moment, as it integrated Scottish Power into one of the largest energy networks in the world, enhancing its capabilities and reach.
Throughout its history, Scottish Power has been at the forefront of adopting renewable energy technologies. The company has invested heavily in wind power, contributing significantly to the UK's renewable energy targets. This strategic focus on sustainability has positioned Scottish Power as a leader in the transition to a low-carbon economy.
Today, Scottish Power continues to innovate and expand its services, focusing on delivering sustainable energy solutions to its customers. The company's journey from a regional utility to a key player in the global energy market underscores its adaptability and commitment to a sustainable future.