SSE PLC (LSE:SSE) held EPS guidance steady while advancing renewables and grid projects—from Netherton Hub and Western Isles HVDC prep to 30 turbines at Dogger Bank B and a 180MW Platin plant—boosting output and capex as shares slipped 2.1% to 2,417p.
Previous Week Recap
- SSE EPS Guidance Unchanged: SSE plc confirmed adjusted EPS guidance: 168p–193p for 2026/27 and 225p–250p for 2029/30; no changes to prior guidance.
- Netherton Hub, EV Projects Progress: SSE began Netherton Hub build for subsea/HVDC projects (EGL3, EGL5), started Western Isles HVDC prep, installed 30 turbines at Dogger Bank B, and started 180MW Platin plant targeting 2028.
- Trading Update: Hydropower, Networks Capex: SSE trading update: higher hydropower output, Dogger Bank wind installation progress, big rise in networks capex. UK grid operator update may boost investment. Shares fell 2.1% to 2,417p.
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