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SSE has today reported an adjusted pre-tax profit of almost £2.14 billion in the year to the end of March

SSE cuts its investment expectations by £3 billion

British utility SSE has today cut its five-year investment plans by £3 billion, citing a changing macroeconomic environment across the energy sector.

Business • 21 May

SSE said its renewables output grew 9.8% last year from the previous year

SSE trims annual earnings outlook, eyes renewables growth

British power generator and network operator SSE has today trimmed its guidance for annual adjusted earnings per share, but maintained its long-term profit expectations as it pushes ahead with its renewable energy goals.

Business • 02 Apr

The newly operational Yellow River wind farm in Co Offaly

First power generated from Co Offaly wind farm

One of Ireland's newest wind farms, SSE's 101MW Yellow River wind farm in Rhode in Co Offaly, is now producing its first power after its connection and energisation onto the country's national grid by EirGrid.

Business • 17 Dec 24

SSE's 50MW battery storage facility in Wiltshire in England

SSE acquires battery storage project in Co Offaly

SSE has acquired the project development rights for a 120MW/240MWh grid-scale battery energy storage system (BESS) project in County Offaly.

Business • 06 Nov 24

The proposed deal with SSE and EDP would have created one of Europe's largest utilities

SSE rebuffed EDP proposal to merge, sources say

Portugal's main power utility EDP initiated merger discussions with London-listed peer SSE earlier this year, but talks did not progress, three people familiar with the matter told Reuters.

Business • 15 Oct 24

TotalEnergies and SSE said its new partnership, Source, will deploy and operate up to 3,000 fast-charge points in Ireland and the UK over the next five years

TotalEnergies and SSE to launch EV charging firm

French oil major TotalEnergies and UK power firm SSE are seeking to grab a 20% share of the electric vehicle (EV) fast-charging market in Britain and Ireland by launching a joint venture named Source, the companies said today.

Business • 16 Jul 24

SSE has reported adjusted earnings per share of 37 pence for the first six months of the year

SSE posts half-year profit above expectations

SSE has lifted its capital investment expectations by about 14% for its net zero programme for five years until 2026/27 after the power generator and network operator's half-year profit topped its forecast.

Business • 15 Nov 23

SSE says Q1 performance hit by planned outages

British power generator and network operator SSE said today its first-quarter performance was behind expectations, as its thermal plants took a hit from more planned outages than last year.

Business • 20 Jul 23

SSE has today posted adjusted pre-tax profit of £2.18 billion for the year ended March 31, up from £1.16 billion a year ago

SSE details £40 billion investment plan as profits rise

Power generator and network operator SSE has today set out plans to invest up to £40 billion this decade on clean energy projects.

Business • 24 May 23

Mr O'Regan is currently Finance Director of SSE Renewables

SSE to appoint O'Regan as new Chief Financial Officer

SSE plc is to appoint Barry O'Regan as its new Chief Financial Officer and as an Executive Director of the company, effective from the start of December 2023.

Business • 21 Apr 23

SSE ups profit outlook on strong market condions

Power firm SSE has today raised its annual earnings forecast helped by strong market conditions, and said it would invest any additional profit it makes into low-carbon electricity infrastructure.

Business • 20 Jan 23

SSE is to sell a 25% stake in its power transmission network business to Ontario Teachers' Pension Plan Board for £1.47 billion

SSE to sell stake in transmission network business

British power generator and network operator SSE said today it will sell a 25% stake in its power transmission network business to Canada's Ontario Teachers' Pension Plan Board for £1.47 billion.

Business • 25 Nov 22

SSE Airtricity provides energy to more than 700,000 homes and businesses across the island of Ireland

SSE Airtricity to forego profits to support customers

SSE Airtricity has confirmed it expects the business to forego all profits this financial year as it provides support for its domestic customers during the cost of living crisis.

Business • 16 Nov 22

The Government is procuring emergency generation to deal with rising demand that may outstrip supply

SSE site chosen for possible emergency generation

SSE Thermal's power generation Tarbert site in County Kerry has been chosen by the Government as a possible site for emergency generation capacity, the company said on its website.

Business • 21 Oct 22

SSE's adjusted pretax profit came in at £1.16 billion for the year ended March 31, compared with £948.9m a year ago

UK power generator SSE posts 23% jump in annual profit

British power company SSE has today reported a 23% jump in annual profit and said it was investing significantly more than it was making in profit to help reduce dependency on imported gas.

Business • 25 May 22

SSE said that improved weather conditions reduced an expected shortfall in output from its renewable plants such as wind farms

SSE lifts annual earnings forecast for the second time

Renewable power generator and network operator SSE has today raised its annual earnings projections for the second time, citing strong performance at its thermal and hydro plant operations.

Business • 29 Mar 22

SSE said its pre-tax profits for the six months to September 30 were £174.2m, up from £133.9m the same time last year

SSE to increase green investments as profits rise

British renewable power generator and network operator SSE has today posted a 30% rise in interim pre-tax profits and pledged to invest £12.5 billion to 2026 in clean energy projects.

Business • 17 Nov 21

SSE said it would update investors on growth plans in due course

SSE says no break-up decision after report of pressure

Britain's SSE has not made a decision to break itself up, the renewable power and networks group said today, after a newspaper report said it was close to splitting up following months of pressure from US activist investor Elliott.

Business • 20 Sep 21

SSE said its gas prices will rise 4.5% or €0.62 a week, with a typical dual fuel household bill rising 5.5% or €1.84 a week

SSE to increase gas and electricity prices from 1 April

SSE is to increase its household gas and electricity prices from 1 April, the first energy supplier to announce a price rise this year.

Business • 26 Feb 21

Italy's Eni will buy a 20% stake in the Dogger Bank Wind Farm development for £405m

Eni buys 20% of Dogger Bank wind power project

Italy's Eni will buy a 20% stake in the Dogger Bank Wind Farm development from Norway's Equinor and Britain's SSE for a combined £405m, the companies said today.

Business • 04 Dec 20

Dogger Bank will be the largest offshore wind farm in the world when operational

SSE, Equinor invest £6 billion in offshore wind farm

UK utility company SSE and Norwegian oil and gas firm Equinor have agreed to invest £6 billion to construct the first two phases of the Dogger Bank offshore wind power project, the two companies said today.

Business • 26 Nov 20

SSE said it is anticipating a hit to profits of £150-250m this financial year due to the coronavirus pandemic

SSE sticks with £7.5 billion investment plans

SSE, the UK renewable power generator and network operator, said today it will stick with plans to invest £7.5 billion in low-carbon projects over the next five years, and also maintain its dividend schedule.

Business • 16 Jul 20

SSE today confirmed its full-year dividend and posted a better- than-expected annual pre-tax profit

SSE keeps dividend, warns of coronavirus profits hit

British renewable power generator and network operator SSE today confirmed its full-year dividend and posted a better- than-expected annual pre-tax profit, but warned the coronavirus crisis would dent earnings for the current financial year.

Business • 17 Jun 20

OVO closed a £500m deal for SSE's retail division in the UK this year

UK's OVO Energy to cut 2,600 jobs, close offices

Britain's second largest energy supplier, OVO Energy, plans to cut 2,600 jobs and close some offices in a restructuring as the coronavirus pandemic had changed the way it engaged with consumers.

Business • 19 May 20

SSE has missed analysts' expectations for annual profit figures

SSE misses on profit, flags 2019 risks as costs rise

British energy supplier SSE said today that annual earnings fell more than a third as it battled stiff competition.

Business • 22 May 19