ScottishPower Chairman Ignacio Galán has been awarded an Honorary CBE by the Queen for services to UK-Spanish trade and investment links. ScottishPower parent Iberdrola has invested more than £4bn in the UK since it acquired ScottishPower in 2007. Over the next two years, it expects to invest another £3.2bn, creating more than 4,500 new jobs in the process. Longer term, Iberdrola has investment plans for up to £15bn in the UK over the next 10 years, including major investments in the UK’s power transmission and distribution networks and offshore and onshore wind farms.

Ignacio Galán said: ‘I am delighted to have received this award, which is a recognition of the hard work of everyone in the Iberdrola Group and at ScottishPower since we joined forces in 2007. The UK has been the main destination of our investments in recent years and we are looking forward playing an important and productive part in the British economy over the long-term.’