ScottishPower opens new Edinburgh office amid record £10bn investment in Scotland

Last week, the energy firm’s parent company Iberdrola unveiled a transformational €58bn strategic plan and named the UK as its number one destination for investment. 

And as the Global Investment Summit kicks off in Edinburgh this week, the company has confirmed its major economic boost will add 300 new recruits in the final three months of 2025 alone and create another 2,000 jobs through 2027 - 80% in Scotland. 

To support its growth, First Minister John Swinney joined Keith Anderson, ScottishPower CEO, to open its new Edinburgh office for its SP Energy Networks business. It will be home to its electricity transmission teams, including those building major subsea links off the east & west coasts of Scotland. 

First Minister John Swinney said: “ScottishPower’s investment in Scotland will drive economic growth and support thousands of high-quality, sustainable jobs – many of them based at their fantastic new Edinburgh Park base. 

“As the Global Investment Summit gets underway in Edinburgh, ScottishPower are setting a shining example of how the transition to green energy can create real financial opportunity – helping benefit businesses and Scotland’s economy.”

Keith Anderson, ScottishPower CEO, said: “Engineering was practically born in Scotland, is a major Scottish success story and we’re proud to be at the helm building the next tranche of critical infrastructure to power economic growth.

“The grid is the energy backbone and with demand rapidly increasing we need to reinforce and build more of it.  Our investment commitments are about more than just infrastructure, we’re creating high-quality, long-term jobs both in our company and right across the supply chain.

“Alongside our Glasgow HQ, and depots up and down the country, our new Edinburgh office gives us an additional base as we recruit faster than we’ve ever done before to support our ambitious growth plans.”

The First Minister joined Keith and SP Energy Networks CEO Nicola Connelly to meet with apprentices and new recruits, including new-starts who have joined from Ineos after being made redundant when the refinery closed earlier this year. 

They’ll be working on the underwater electrical superhighways that the company’s SP Energy Networks business is constructing, including Eastern Green Link 1 and 4, as well as its huge onshore electricity network project builds and upgrades across central and southern Scotland. 

Nicola Connelly, SP Energy Networks CEO, said: “This is a pivotal moment for the grid as we embark on the biggest build out in almost a century. From subsea cables to overhead lines and underground wires, we are upgrading and investing in Scottish infrastructure to support growth. 

“That also means growth in our people and supply chain which is great news for the economic future of our country.”