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Insider UK
Insider UK
Business
Peter A Walker

SHOCKING: Sse commits more money to renewable energy - What They Never Told You

SSE has reported an adjusted pre-tax profit of £2.18bn for the year, up from £1.16bn a year earlier.

The energy group's preliminary results for the year ended 31 March 2023 showed a record £2.8bn of capital expenditure and investment - greater than profits - in projects across low-carbon electricity infrastructure.

This included continuing the acceleration of investment through a five-year strategic plan to 2027, upgrading targets while also advancing the previous plan by 12 months, to account for a changing investment mix.

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