Profits for ScottishPower, the renewable energy generator, were improved by windy conditions last year – but the supplier took a hit as Britons cut back on energy consumption in the face of higher bills. The energy generation and supply group, which is owned by Spain’s Iberdrola, said underlying group profits in 2022 had risen 3.6% to £1.6bn on a year earlier. However, ScottishPower made a loss of £18m in its retail business – which, with 4.7 million customers, is the … read more »
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