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IBDRY Iberdrola SA (PK)

50.315
0.355 (0.71%)
06 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Iberdrola SA (PK) USOTC:IBDRY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.355 0.71% 50.315 49.75 50.49 50.44 50.08 50.20 27,512 21:00:55

Ofgem Investigates Scottish Power's Compliance With Smart-Meter Targets

06/11/2020 9:32am

Dow Jones News


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By Jaime Llinares Taboada

 

U.K. energy watchdog Ofgem said Friday that it has launched an investigation into Scottish Power to find whether the company breached its targets for the installation of smart meters in 2019.

Ofgem noted that the investigation doesn't imply that it has made any findings about non-compliance by SP, which is a subsidiary of Iberdrola SA.

U.K. suppliers are required to take all reasonable steps to roll out smart meters to all homes and small businesses by June 30, 2021.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 06, 2020 04:17 ET (09:17 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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