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Scottish and Southern Energy
09:40, 21 MAY 2025
SSE slashes investment and warns it won't meet 2030 net zero goal
By City AM
The º£½ÇÊÓÆµ's second-largest energy supplier said it will likely miss its target of reaching 50 terawatt-hours of renewable generation output by 2030 as it slashes investment
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Business information firm Creditsafe moving to new Cardiff headquarters building
Cardiff Capital Region
It is the biggest out-of-town office letting deal in the city for years
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All seven North East authorities unite for first time for major º£½ÇÊÓÆµ property conference
property news
North East England will unite to promote its strongest assets and most passionate advocates at º£½ÇÊÓÆµREiiF
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SSE reaffirms earnings guidance as adverse weather drives renewables output
By City AM
The London-listed firm expects adjusted earnings per share of between 154p to 163p and also maintained its operating profit targets
Bookmark
Watchdog launches probe into £2.1bn takeover of Electricity North West
By City AM
The Competition and Markets Authority (CMA) is looking into the deal which was first announced by Iberdrola in August last year
Bookmark
Ad Feature
SSE's local-first approach is the future of decarbonisation
Scottish and Southern Energy
27-year-old SSE Energy Solutions employee, Chantal Adams, is proud to play her part in the city's decarbonisation drive
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SSE profit rockets as boss prepares to stand down after more than 11 years at the helm
By City AM
In the six months to September, SSE's adjusted pretax profit rose 26 per cent, climbing to £714.5m up from £565.2m in the same period last year.
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Profits top £10m at Northumberland Estates following 'resilient' performance
property news
The company which represents the business interests of the Duke of Northumberland said it remained focused on development opportunities
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Kinewell Energy toasts two major contract wins with global renewable energy giants
Deals
Founder and CEO Dr Andrew Jenkins says the deals should act as a catalyst for further growth and more deals are in the pipeline
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Initiative to help decarbonise South West, Midlands and West Wales launches
Climate Agenda
It is hoped the proposals will attract inward investment worth more the £5bn across the chosen areas
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Dogger Bank energy partners agree terms to expand huge wind farm
Energy
SSE Renewables and Equinor have negotiated an amendment to the existing Dogger Bank C seabed lease that will make way for the fourth phase of project
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North East deals of the week: key contracts, acquisitions and investments
Deals
Companies involved in this week's deals round-up include GB Bank, SSE Energy Solutions, PolyBox, Teesworks, NWH Group, Sayturk Group and Northumbrian Water
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SSE Energy Solutions to launch Newcastle base as part of city council collaboration
Deals
SSE Energy Solutions has signed a Memorandum of Understanding (MoU) with Newcastle City Council
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Northumberland Estates explores plans to create eco-friendly energy network in Alnwick
Climate Agenda
It is working with low carbon consultancy Reheat and SSE Energy Solutions on a feasibility project
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Three North East universities secure £22.5m funding to collaborate on pioneering projects
Climate Agenda
Researchers at Newcastle, Northumbria and Durham Universities will collaborate to help produce future leaders for Net Zero process industries
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Green heat network firm Vital Energi set for ‘rapid’ growth after private equity investment
Climate Agenda
'It is a long term journey and will require substantial amounts of capital'
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SSE Energy Solutions plans new EV hub in Birmingham
West Midlands
Scottish company has struck a deal with Tyseley Energy Park to open specialists facility for next generation of HGVs
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SSE gives update on Keadby Two Power Station delay
Energy
893MW plant had been due to enter operations under a º£½ÇÊÓÆµ supply contract on October 1
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Rolls-Royce ready to test greener UltraFan aero engine
Aerospace
Rolls Royce says finished product could use 25 per cent less fuel than the first generation of its Trent engines
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Energy firms’ customer service ‘worst on record’ – as more and more households struggle to pay bills
Energy
Big suppliers accused of failing to do enough to help as rocketing bills mean more households can't make ends meet
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Economic benefit of under-consideration Keadby Three Carbon Capture Power Station outlined
Energy
SSE Thermal reveals analysis as two big decisions awaited at North Lincolnshire energy cluster
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As energy crisis bites, Rolls-Royce boss says mini-nuclear power stations could be operating within seven years
Energy
A single mini power station could be around a tenth of the size of a conventional nuclear plant and power 1m homes
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New SSE Thermal managing director given Humber focus as £12.5b low carbon brief underlined
Climate Agenda
Catherine Raw has joined the energy major with big plans for its Keadby cluster
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Ineos and Velocys join Zero Carbon Humber to push pioneering Energy Estuary's Net Zero ambition
Climate Agenda
Home grown industrial giant and green jet fuel developer united on the Humber
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