The company plans to spend two-thirds of that to upgrade wiring and increase high-voltage grid capacity to get power from the north to customers in the south.
British utility SSE unveiled a 33 billion pound five-year investment plan on Wednesday, including a 2 billion pound ($2.68 billion) equity fundraising, as it seeks to upgrade the UK's regulated ...
SSE Plc jumped to a record after the utility outlined a £33 billion ($43 billion) plan to upgrade grids and boost renewable energy that will be partly funded by issuing new shares.