Perth‑headquartered utility giant SSE has told investors it has significantly accelerated capital deployment across its regulated networks businesses in the first quarter of the 2026/27 financial year. The company’s latest trading update confirms an 83 per cent increase in network investment compared with the same period in 2025, underscoring the pace at which its long‑term infrastructure plans are now being delivered.
Around £900m has already been channelled into electricity networks in the quarter, with major transmission schemes under way as part of the government‑backed Pathway to 2030 programme. Construction is progressing on large ASTI (Accelerated Strategic Transmission Investment) and LOTI (Large Onshore Transmission Investment) projects that will help move more renewable power from northern Scotland to demand centres further south.
Barry O’Regan, chief financial officer at SSE, said: “Since announcing our £33bn investment programme to unlock the enormous growth opportunity of UK electricity networks, we are continuing to see real progress as we work to deliver the plan, and in doing so we are underpinning compounding, long-term earnings growth and creating significant value for investors.
“Recent momentum has given increased visibility over the delivery of our 2030s pipeline as the system operator’s strategic plans begin to crystalise and further transmission projects emerge.
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“We remain confident in sustained momentum behind a homegrown energy system that will deliver secure, more affordable electricity, support economic growth and create significant long-term investment opportunities across our businesses.”
SSE has signalled it expects to invest a record level of capital across the group this year, reflecting momentum in both networks and renewables. Recent milestones include progress at key hubs in the north‑east and continued work on major offshore wind projects, all of which rely on a stronger grid to move low‑carbon electricity into homes and businesses.
