SSE plc (SSE) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

SSE is delivering a £33 billion investment programme to make electricity cleaner, more secure and more affordable while helping power long-term economic growth. In an increasingly volatile world, delivery of that plan is essential and work is well underway. Here in the north of Scotland, we're delivering the largest grid upgrade of a generation, strengthening the backbone of the electricity system, enabling more homegrown, clean energy to reach our customers. And it's not just onshore. Through flagship projects like the Eastern Green Link 2, we're developing vital offshore infrastructure too. Further supporting the transfer of power from Scotland to England via a subsea cable that forms the UK's largest ever electricity transmission project. Across our distribution networks, we're upgrading and expanding the system so it can support more electrification from heat and transport to local generation, while also making supplies even more reliable and secure for customers. As we power electrification across the country, it's a multi-decade growth opportunity for SSE. At Dogger Bank, we're delivering the world's largest offshore wind farm right here in the North Sea. Once complete, it will become a long-term national asset, strengthening energy security and supplying clean electricity for decades. And we're paving the way for an even bigger project at Berwick Bank, where planning consent has been secured and the CFD awarded. At Tarburst, we're building a new, flexible 300 megawatt power station designed for a cleaner future. It will run off sustainable biofuels from day one, with the option to switch to hydrogen over time. and we are focused on supporting our customers through volatile times while also enabling electrification and meeting the growing demand of AI and the d...