SSE provides energy needed today while building a better world of energy for tomorrow.

Our strategy is to create value for shareholders and society in a sustainable way by developing, building, operating and investing in the electricity infrastructure and businesses needed in the transition to net zero.

Key SSE Renewables SSE Thermal SSEN Transmission SSEN Distribution Energy Solutions
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SSE Renewables

Market Based

From onshore wind, offshore wind and hydroelectric to solar and battery storage, SSE Renewables is a world class developer and operator of renewable energy in the UK and Ireland with a growing presence internationally.

2024/25 Adjusted operating profit

£1,038.8m

2024/25 Operating profit contribution to Group

43%

2024/25 Proportion of Group capex

34%

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SSE Thermal

Market Based

Flexible thermal generation and gas storage supports the net zero transition by providing efficient gas power for when the wind doesn’t blow and sun doesn’t shine. Looking forwards, SSE Thermal’s focus is on decarbonising generation through emerging carbon capture and hydrogen technology.

2024/25 Adjusted operating profit

£211.4m

2024/25 Operating profit contribution to Group

9%

2024/25 Proportion of Group capex

6%

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SSEN Transmission

Economically regulated

SSEN Transmission operates the high voltage electricity transmission network across the north of Scotland, including the Scottish islands. It transports gigawatts of clean, green renewable power from where is generated to demand centres further South.

 

2024/25 Adjusted operating profit

£322.5m

2024/25 Operating profit contribution to Group

13%

2024/25 Proportion of Group capex

33%

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SSEN Distribution

Economically regulated

SSEN Distribution transports power to the doorstep of 4 million homes and businesses across the north of Scotland and central southern England. It’s at the heart of developing the flexible distribution network needed for a low-carbon world.

2024/25 Adjusted operating profit

£736.0m

2024/25 Operating profit contribution to Group

30%

2024/25 Proportion of Group capex

22%

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Energy Solutions

Market based

SSE Business Energy in Great Britain and SSE Airtricity on the island of Ireland provide a shopfront and route to market for SSE’s generation, renewable green products and low-carbon energy solutions.

SSE Airtricity 2024/25 adjusted operating profit

£159.4m

SSE Business Energy 2024/25 adjusted operating profit

£32.7m

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Key SSE Renewables SSE Thermal SSEN Transmission SSEN Distribution Energy Solutions

Our Business Model

We aim to be the leading energy company in an increasingly electrified world.

SSE’s balanced business model is strategically positioned to deliver long-term value for shareholders and society by upgrading the UK’s electricity infrastructure and accelerating the transition to a cleaner, more secure, and affordable energy future.

01

Develop

SSE identifies opportunities where it can best use its capability in providing the clean, affordable energy infrastructure needed to decarbonise the economy.

02

Build

SSE consistently delivers highly complex electricity infrastructure in a timely manner and within budget.

03

Operate

SSE operates its assets in a responsive and responsible way. It promotes a culture of continuous improvement and stakeholder engagement to provide quality customer service.

04

Invest

SSE invests in low-carbon infrastructure as part of its net zero-focused strategy. Its investments are fully funded and underpinned by partnering which unlocks value, and debt secured at efficient rates.

Key
SSE Renewables Flexibility Transmission Distribution
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Transformation For Growth

SSE’s Transformation for growth programme is a 5 year, fully funded, ~£33bn investment plan to 2030. Tap segments to learn more

SSE Renewables

Part of SSE Renewables

SSE Renewables is driving the net zero transition through the development, financing, construction and operation of world-class renewables.

*Market based

Flexibility

Part of SSE Thermal

SSE Thermal is providing critical flexibility to offset renewables variability as the energy system transitions to net zero. The strategic importance of its Gas Storage assets has been highlighted by recent world events and the increasing focus on national energy self-sufficiency.

*Market based

Transmission

Part of SSEN Transmission

SSEN Transmission invests in the critical infrastructure needed for a network for net zero that connects sources of renewable electricity to the national grid and transports it to areas of demand.

*Regulated

Distribution

Part of SSEN Distribution

SSEN Distribution provides timely connection of local renewables and the coordinated delivery of investment and flexible solutions to alleviate network constraints and enable further electrification.

*Regulated

Key targets

Five year EPS CAGR

7-9%*

Net debt/EBITDA

<4.5x

Attractive Dividend in FY25 with 5-10% growth p.a. to FY30

64.2p

*From an unaltered FY25 baseline of 160.9p. FY30 EPS presented after adjusting for the number of shares in issue for today’s proposed placing

Our latest financial results and strategy presentation

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Sell Side Analysts

Our analyst list

With a strong track record of navigating volatility

V2 Percentage Indexed Combined

Sustainable and Progressive Dividend Policy

DPS in FY25

64.2p

Dividend growth to increase in line with earnings growth

5-10%

Scrip dividend option with dilution limited by capping take up at

25%
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Our latest Annual Report

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Our latest financial results and strategy presentation

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