SSE plc, the Perth-based electricity infrastructure giant, said its renewable generation output is expected to be around 14.5 TWH for the year ended March 31, 2026, a 10% increase year-on-year.

SSE said this reflects “increasing capacity from the construction programme balanced by the mixed weather conditions experienced during the course of the year.”

The Perth group said full year 2025-26 adjusted Earnings Per Share is expected to be between 147p and 152p.

“This updated guidance reflects continued strong operational performance and strategic delivery during the year, as the group progresses its five-year £33bn investment plan,” said SSE.

“The regulated Networks businesses are expected to deliver an around 60% year-on-year increase in capital investment, as momentum continues in the delivery of their long-term business plans.

“The majority of this increase has been delivered in Transmission, which now has five of the 11 major projects under construction and 26 of the 34 required major consents received …

“Operating profit expectations for the group’s other Business Units, as well as all other forward-looking guidance previously provided, remains unchanged.

“SSE continues to closely monitor developments in the Middle East, but there has been no immediate impact to the Group’s overall performance given the resilience of our business mix.

“Capital investment for the group is expected to be around £3.5bn for the year. Adjusted net debt and hybrid capital is expected to be just over £10bn at 31 March 2026, underpinned by a strong liquidity position totalling well over £5bn.”