Transformational Investment Plan
SSE announced a GBP 33 billion investment plan focused on networks, with a 25% CAGR in the regulatory asset base expected by 2030. This positions SSE as one of the fastest-growing electricity network companies globally.
Earnings and Dividend Growth
SSE projects adjusted EPS of 225p to 250p by 2030, with a sustainable and progressive dividend policy increasing by 5% to 10% annually.
Strong Transmission Growth
Around 90% of investment in Transmission will be spent on major projects and business-as-usual investments, reflecting supply chain inflation.
Financial Performance Stability
The group delivered a GBP 655 million adjusted operating profit, in line with seasonal averages, and an adjusted EPS of 36.1p.
Operational Progress
Significant progress made in constructing 4 of 11 major transmission projects and strong advancements in Dogger Bank construction, with 88 out of 95 turbines installed.