SSE generates £3.4 billion for Scottish economy as green investment accelerates

SSE reveals profits dip as it pushes forward with investment plan

Energy network firm SSE has revealed a dip in profits as it pushes forward with a multibillion-pound investment plan.

SSE reports dip in profits amid multibillion-pound investment

The power company said pre-tax profits dipped by 1% to £1.84 billion for the year to March.

SSE generates £3.4 billion for Scottish economy as green investment accelerates

“This year has demonstrated the strength and resilience of SSE’s integrated model” – Martin Pibworth, CEO

SSE inveils £33bn energy investment drive to 2030

SSE plans to spend £33bn over five years to help deliver cleaner, more secure and more affordable energy, while supporting economic growth. The programme, called “Transformation for Growth”, will run to 2030 and marks a big step‑up in investment compared with the previous five years. The company says the plan will strengthen its position as a leading low‑carbon energy and infrastructure business in Europe. Alongside its network focus, SSE is bac…

SSE spends £3.6bn on strengthening UK grid

Electricity infrastructure company SSE has spent £3.6bn in the past financial year on strengthening the UK’s grid, it has announced. SSE said in its financial results that it has invested 60% more than it made in adjusted operating profit into building critical national infrastructure during the financial year. The company announced a five-year, £33bn investment plan to 2030 in November last year, primarily focused on strengthening the electrici…