SSE Says There Has Been No Decision to Break Up Group; Plans to Accelerate Investment Through 2026
20 Septiembre 2021 - 1:46AM
Noticias Dow Jones
By Jaime Llinares Taboada
SSE PLC said Monday that there has been no decision to break up
the company after media reports that a significant shareholder was
pushing for a separation of the renewable portfolio from the
regulated networks business. It also said that in November it will
publish details of significantly increased investment plans through
2026.
The energy company said its clear strategic focus is on
renewables and on regulated electricity networks, and these
businesses have exciting growth potential aligned with net zero
targets.
SSE also said it will provide an update on its growth plans at
its half-year results in November. This will include details of
significantly increased capital investment for the period to 2026,
sources of funding, and its vision for further growth into the
2030s--including renewable and flexible capacity ambitions, and
networks' regulated asset value projections.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
September 20, 2021 02:31 ET (06:31 GMT)
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