Spanish winds for British energy

Takes up twice the surface of the city of Bilbao

(ecofriend.com)

WEST OF DUDDON SANDS (UK) -- Spanish energy giant Iberdrola put the company's offshore wind farm at West of Duddon Sands into operation on October 30. Iberdrola Renovables bought control of ScottishPower Renewables back in 2011 in the largest purchase in the company's history. According to the Iberdrola Renovables website, "Located approximately 20km off the Barrow-in-Furness coastline in North West England, the wind farm covers a total area of 67km², has 108 Siemens turbines with 3.6MW unit capacity and has also seen more than 200 km of undersea cables installed. With an investment of €2 billion, this offshore wind facility developed by Iberdrola, through its subsidiary ScottishPower Renewables, in a joint-venture with Dong Energy was commissioned more than two months ahead of schedule."

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UK High Court dismisses Gibraltar challenge to new online gambling law

LONDON -- A High Court in the UK has dismissed a legal challenge from bookmakers to bring the licensing and taxation of online gambling companies under UK control if they offer their services to consumers in Britain, Reuters reports. Gambling companies with large UK customer bases such as Ladbrokes and William Hill have placed their operations offshore to benefit from lower taxes. A new tax regime is due to come into force on 1 December to force such companies to obtain a licence from the UK Gambling Commission and to pay a 15 percent tax online winnings from bets made by UK consumers. The case was brought by the Gibraltar Betting and Gaming Association (GBGA), arguing that it contravened European legislation on free movement of services. The GBGA declined to say if it would appeal. (Source: Telecompaper)

Ferrovial is on a shopping spree, starting with the UK and Australia

MADRID -- One of Spain's largest companies, Ferrovial, is a big player on the international business scene, specialising in construction, operations and airport management. Having bought -- not without difficulties from the competition authorities -- the remaining shares in three important British airports (Glasgow, Aberdeen and Southampton, the 8th, 14th and 18th busiest in the UK, respectively) in a 50-50 partnership with the Macquarie Fund earlier this week, it put in a non-binding bid to acquire Transfield Services, an Australian firm. Transfield is in the operation and maintenance services businesses in a list of markets that range from natural resources, transport infrastructure and defence to many others. Ferrovial already had a participation in the three airports and still holds