Bloomberg: Iberdrola SA, Spain’s second-largest utility, reported fourth-quarter profit rose 75 percent because of last year’s purchase of Scottish Power Plc and said savings from the acquisition will be more than forecast. Net income climbed to 741 million euros ($1.09 billion) from 424 million euros in the year-earlier period, the Bilbao, Spain- based utility said today in a filing. Full-year profit fell 38 percent at the company’s renewable-energy unit, the world’s largest owner of wind …