SECURITIES AND EXCHANGE COMMISSIONS
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15a-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2002
SCOTTISH POWER PLC
(Translation of Registrant's Name Into English)
CORPORATE OFFICE, 1 ATLANTIC QUAY, GLASGOW, G2 8SP
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F ___
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(Indicate by check mark whether the registrant by furnishing the
information contained in this form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.)
Yes ___ No X
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(If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-_____.)
FORM 6-K: TABLE OF CONTENTS
1. Announcement of Scottish Power plc, dated December 11, 2002, regarding
completion of Texas gas storage purchase by Scottish Power's PPM.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
/s/ Scottish Power plc
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(Registrant)
Date December 11, 2002 By: /s/ Alan McCulloch
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Alan McCulloch
Assistant Company Secretary
SCOTTISHPOWER'S PPM COMPLETES TEXAS GAS STORAGE PURCHASE
ScottishPower's competitive US energy business, PacifiCorp Power Marketing, Inc.
(PPM), has completed the acquisition of the assets of Aquila, Inc.'s Katy gas
storage facility, two development opportunities and two other storage
facilities, all in Texas, at a purchase price of approximately $162 million in
an all cash transaction. The acquisition, first announced in August, is expected
to be earnings enhancing in the first full year of ownership.
PPM's CEO Terry Hudgens said: "The Katy facility is a proven asset with an
excellent location in a major gas network hub, a good customer base, and
long-term contracts for its capacity."
The Katy facility, 20 miles west of Houston, has a working capacity of 21
billion cubic feet with about 75 per cent of this capacity under firm contract.
Katy, which has been operating for more than 10 years, has interconnects to 13
different pipelines and serves gas storage capacity to a diversified customer
base throughout the region.
PPM's role will be to provide gas storage services for local distribution
companies, generators and industrials, marketers and producers.
For information:
Colin McSeveny Group Media Relations Manager 0141 636 4515
Andrew Jamieson Head of Investor Relations 0141 636 4527