By Mark McSherry Perth-based electricity infrastructure giant SSE plc and its subsidiary SSEN Transmission have signed new sustainability-linked Revolving Credit Facilities totalling £3 billion through…
By Mark McSherry SSEN Transmission has pledged to support the building of more than 1,000 new homes across the north of Scotland as the important…
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, said it successfully launched its debut issuance in the Euro bond market with…
SSEN Transmission announced it has selected Sumitomo Electric Industries and its subsea cable installation partner Van Oord Offshore Wind UK as preferred bidder for the…
SSEN Transmission, the 75%-owned subsidiary of Perth-based electricity infrastructure giant SSE plc, has successfully issued a £500 million 20-year green bond maturing on January 15,…
SSEN Transmission announced it will recruit 400 new employees across the north of Scotland in the next 12 months amid a £20 billion investment programme. SSEN…
Aberdeen-based Wood plc has been selected as a preferred bidder on Scottish and Southern Electricity Network (SSEN) Transmission’s Accelerated Strategic Transmission Investment (ASTI) framework. The…
SSEN Transmission announced it has signed a joint venture agreement with the UK’s National Grid Electricity Transmission (NGET) to build a 2 gigawatt (GW) subsea…
SSEN Transmission — part of SSE Plc — announced it has signed its first ever sustainability-linked Revolving Credit Facility (RCF), “further reinforcing the company’s commitment…
SSE subsidiary SSEN Transmission announced it agreed terms for a £350 million private placement with Pricoa Private Capital, part of PGIM, Inc. and one of…
SSEN Transmission – the electricity transmission owner for the north of Scotland – has submitted to the energy regulator Ofgem £400 million proposals to reinforce…
SSEN Transmission — the electricity transmission owner for the north of Scotland — welcomed Monday’s publication by National Grid Electricity System Operator (NGESO) of this…
SSEN Transmission said it welcomes UK regulator Ofgem’s approval of the need “for the strategic electricity transmission reinforcements required” to deliver the UK Government’s 50GW…
SSEN Transmission, together with National Grid Electricity Transmission (NGET), has submitted a “Final Needs Case” (FNC) to regulator Ofgem for the first of two subsea…
Scottish and Southern Electricity Networks (SSEN) Distribution, a subsidiary of Perth-based renewable power and networks giant SSE plc, has unveiled proposals to invest around £4 billion…
Perth-based renewable energy and electricity networks giant SSE plc said the decision by Ofgem to approve the 600MW HVDC transmission link connecting Shetland to the…
SSE plc, the Perth-based electricity infrastructure giant, said its renewables output for the six months to September 30, 2024, was 44% higher when compared to…
SSE plc, the Perth-based electricity infrastructure giant, announced that the Shetland Islands have been connected to the GB electricity grid for the first time. SSE…
UK energy regulator Ofgem said it has given the green light to a £3.4 billion funding package to build a proposed new subsea “superhighway” with…
Perth-based electricity infrastructure giant SSE said renewable output in its first quarter was 60% higher than the same period last year “reflecting a return to…
SSE Renewables announced that the first power has been produced at Viking Wind Farm on Shetland, which will be the UK’s most productive onshore wind farm….
National Grid plc’s Electricity System Operator (ESO) has published a report called “Beyond 2030” which proposes a £58 billion investment in the British electricity grid…
SSE plc, the Perth-based electricity infrastructure giant, said on Thursday that SSE Renewables’ output over the first three quarters of the year was around 15%…
SSE plc, the Perth-based electricity infrastructure giant, said its capital investment expectations have been upgraded by £2.5 billion to £20.5 billion for its five-year investment…
SSE plc, the Perth-based electricity infrastructure giant, said on Wednesday it has completed the sale of a 25% minority stake in its electricity transmission network business SSEN Transmission…
By Mark McSherry — SSE plc, the Perth-based electricity infrastructure giant, confirmed on Friday it has reached agreement to sell a 25% minority stake in its electricity transmission network…
SSE plc, the Perth-based renewable energy and power networks giant, announced that its first-quarter performance has “slightly exceeded” its expectations and that it remains confident in its financial…
Perth-based renewable energy and power networks giant SSE — the biggest listed company run from Scotland — on Tuesday upgraded its expectations for full-year 2021-22…
SSE, the Perth-based renewable power and networks giant, announced on Wednesday a “Net Zero Acceleration Programme” including an “enhanced, fully funded £12.5bn strategic capital investment…
SSEN Transmission, the SSE subsidiary which owns the electricity transmission network in the north of Scotland, has confirmed that it intends to appeal certain elements of…
The SSEN Transmission business of Perth-based energy giant SSE has published a discussion paper calling for views on the current Transmission Network Use of System…
Shares of Perth-based renewable energy and networks giant SSE plc rose about 3% on Tuesday after UK energy watchdog Ofgem proposed a return on equity…
Perth-based renewable energy and electricity networks giant SSE and Iberdrola’s Scottish Power both slammed a proposal on Thursday by the UK’s energy regulator Ofgem to cut…
Perth-based energy giant SSE said on Friday its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) has completed the new £1 billion Caithness-Moray electricity transmission…
UK regulator Ofgem has given the green light to the Eastern Green Link 1 project — a 196km, high voltage, bi-directional subsea electricity cable between…
SSE plc, the Perth-based electricity infrastructure giant, said it swung to a pretax profit of £2.495 billion in the year ended March 31, 2024, from a…
UK energy regulator Ofgem announced that a provisional funding package of £3.4 billion has been announced for a proposed subsea and underground 500 km electricity…
By Mark McSherry — Abrdn announced it has provided £98 million of private placement debt to EnBW, one of the largest utility companies in Germany and…
The cost of turning off wind farms in the UK has reached record levels, according to a new report. The report found that over the…
Edinburgh-based asset management giant Aberdeen Standard Investments (ASI) said on Tuesday it will acquire a 66% interest in Outokummun Energia Oy, a regional energy business…
Shares of Glasgow-based global engineering giant Weir Group soared almost 20% on Monday after it agreed to sell its oil and gas division to Caterpillar Inc….
Consultants Wood Mackenzie on Wednesday published a comprehensive roadmap for the North Sea’s future to the Oil & Gas Technology Centre (OGTC) in Aberdeen. The plan sets…
The Scottish Government has reimposed lockdown restrictions on Aberdeen after a spike in new coronavirus cases. “Following an increase in coronavirus (COVID-19) cases in Aberdeen,…
Scotland’s First Minister Nicola Sturgeon on Wednesday announced provisional dates for the relaxation of travel restrictions and the restarting of the hospitality industry, among many…
Shares of Perth-based renewable energy and electricity networks giant SSE plc rose 9% on Wednesday after it committed to building the largest onshore wind farm…
The Scottish Government on Thursday published a “route map” setting out a phased approach to easing lockdown restrictions “while still suppressing coronavirus.” The route map…
UK energy regulator Ofgem said on Tuesday it “is minded” to approve a proposal by SSE’s Scottish and Southern Energy Networks (SSEN) to build a…
Perth-based energy giant SSE said its adjusted profit before tax fell 13.3% to £475.8 million in the six months to September 30 compared to the same…
The European Investment Bank (EIB) said it has agreed to provide £500 million to support a major expansion of the electricity transmission network in the north…