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SSEN Transmission, a 75%-owned subsidiary of SSE plc, has successfully launched its second issuance in the Euro bond market with a €750m long 8-year green bond maturing on 2 November 2033 at a fixed coupon of 3.375%. This bond has been swapped into Sterling, resulting in an all-in funding cost of 5.23%.
SSEN Transmission has formally responded to Ofgem’s Draft Determination for the RIIO-T3 price control period, setting out the changes required to unlock the unprecedented level of investment required to meet the country’s energy ambitions.
SSEN Transmission notes today’s publication of Ofgem's Draft Determination for the RIIO-T3 price control period, which comes at a critical juncture in the country’s transition to a cleaner, more secure and more affordable energy system.
SSEN Transmission has welcomed the decision by the Scottish Government to approve its Section 37 consent application for the replacement of the existing overhead line between Fort Augustus and Skye, the ‘Skye Reinforcement’, which will boost energy security and enable more renewables to connect to the grid.
SSE welcomes Ofgem's Framework Decision for the ED3 price control, and the clear direction it signals for distribution networks to be a critical enabler of a smarter and more resilient future energy system.
SSE comments on the publication of Ofgem's Advanced Procurement Mechanism (APM) decision.
In a blog first published in The Times and Sunday Times in partnership with SSE, SSE shares their thoughts on what is needed to deliver clean power by 2030 in the UK, and the speed in which it needs to be done.
SSE's Chief Executive's response to the government's Consultation on Electricity Infrastructure Consenting in Scotland.
At New York Climate Week 2024, the world's leading utility companies came together to encourage policy makers to make it easier to build the electricity grids needed to deliver net zero. SSE joined global companies calling for net zero grid reforms.
A Clean Power Plan for 2030 is currently being developed as a national priority to achieve our 2030 net-zero goals.